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CAPEX.com Review
CAPEX.com is run by KW Investments Ltd under a Seychelles FSA licence. It joined NAGA Group in 2024, and its main site does not accept EU or US clients.
Min Deposit
$100
Spreads From
Around 0.3 pips on major forex pairs, varies by instrument
Max Leverage
Varies by entity, the Seychelles regulated capex.com site is not bound by the EU's 1:30 cap
Platforms
CAPEX WebTrader, TradingView integration
Pros
- Access to more than 2,100 instruments across forex, shares, indices, and crypto
- Only a $100 minimum deposit needed to open an account
- Now part of the publicly listed NAGA Group after a 2024 merger
- Includes integrated research tools like Trading Central and analyst ratings
- Runs a live risk free first trade promotion for new clients
Cons
- Main capex.com site runs on a Seychelles FSA licence, not a top tier regulator
- Does not accept clients from the EU, Japan, Canada, Spain, or the United States
- Group structure is complex after the 2024 NAGA Group reverse merger
- CFDs only, so traders never own the real underlying asset
CAPEX.com is a multi asset trading brand offering forex, indices, commodities, shares, bonds, ETFs, and crypto CFDs. The site itself states it is operated by KW Investments Ltd, licensed by the Seychelles Financial Services Authority under number SD020, a much lighter regime than European rules.
In 2024, Key Way Group, the parent of CAPEX.com, completed a reverse merger with the publicly listed NAGA Group AG. Key Way shareholders ended up owning most of the combined company, and CAPEX now sits in the same family as NAGA branded entities, including NAGA Markets Europe Ltd, a separate CySEC regulated firm.
CAPEX.com's own terms say it does not open accounts for residents of the EU, Japan, Canada, Spain, or the United States, so European traders normally end up on a different, CySEC regulated NAGA entity instead. Accounts need just $100 to start, and the platform gives access to more than 2,100 instruments alongside a live risk free first trade promotion.
Min. Deposit
USD 100
Max Leverage
Varies by entity, the Seychelles regulated capex.com site is not bound by the EU's 1:30 cap
Spreads From
Around 0.3 pips on major forex pairs, varies by instrument
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
