Ex-Cap review – What traders should know about this new broker
Ex-Cap Review
Ex-Cap specializes in CDI (crypto denominated instrument) trading and, according to its claims, it combines speed and transparency to ensure optimal trading conditions for its users. The brand is licensed by the FSA and MISA to operate, and that is already a big plus.
In terms of global outreach, the broker is able to provide trading services in countries where the above-mentioned regulators have oversight. This also means, though, that residents of some countries cannot use this company’s services, but don’t worry, because the details are available on the website. Having said that, we want to get straight to reviewing what this broker has to offer.
Assets to trade
First thing’s first – we were very impressed by the hundreds of CDIs you can trade with Ex-Cap. Both buying and shorting are allowed, so you can take advantage of bullish and bearish conditions.
The list of instruments includes a broad range of cryptocurrencies and on top of that, popular assets like FX, stocks, commodities and indices. Ex-Cap is able to address a wide range of customers with such a diverse offer. It is also worth noting that all clients have access to these instruments, regardless of the account type they choose – but more about that in the next section.
Account types
In order to truly address client demands, naturally this brand needs several account types as part of its offer. That’s why Ex-Cap designed three different solutions, promising affordability and performance. When you sign up with this broker, you can choose between Basic, Classic and Individual accounts.
You can read more about each account type on the broker’s website, but in short, Basic stands out in terms of affordability, Classic is a medium-range solution and Individual is the most feature-rich option you have with this broker. All account holders benefit from fast market execution, up to 1:200 leverage (depending on what assets you trade), and segregated funds.
Spreads are smaller when looking at Classic and Individual accounts. Moreover, these two options carry zero trading commissions. Funding options are the same for all clients, and it should be noted that Ex-Cap accepts deposits in several cryptocurrencies.
Customer support
When it comes to customer support, we must say that we were very impressed. Ex-Cap offers phone and email support, and from what we tested, the reply was quick, professional and courteous.
Once you are a registered client, you also have access to ongoing technical support. Classic account holders have premium support functionalities and Individual accounts receive a dedicated account manager. This shows just how committed this broker is to customer satisfaction.
Bottom line
Ex-Cap is a recommended trading brand which we believe should be on your watchlist, especially if your focus is on cryptocurrency trading. This broker is licensed to provide trading services and on top of that, it covers tens of different crypto instruments.
You can trade these assets with leverage and flexible trading costs. Additionally, Ex-Cap offers proprietary software, ensuring that customers can access their trading accounts from any type of device. If you’re still not sure about this brand, there’s plenty of information available on their website, so you can check that out as well.
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