Ex-Cap Review
Summary
Read our Ex-Cap.com review and learn why we recommend this broker for online trading. Ex-Cap is a great trading platform that offers features and services that suit traders from different backgrounds.
About Ex-Cap
Ex-Cap claims to be a global broker offering access to crypto-denominated instruments. Its focus on the safety of assets, premium support and convenience seems to act as a motivator for people who want to engage in financial markets while using only crypto.
In our Ex-Cap review 2024 we want to highlight some of the benefits of using tokenized assets, as well as how this broker is able to stand out from the crowd. Stick around if you want to learn more.
Advantages of CDI Trading
The range of CDIs available with Ex-Cap includes Forex, indices, commodities, shares and crypto. There are hundreds of tokenized assets in total that could be bought or sold on margin, using advantageous spreads.
Basically, the reasoning behind such instruments is that, with a broader audience of crypto users, it would be better to have assets that are priced in crypto. Moreover, deposits and withdrawals should also be possible using popular coins.
With Ex-Cap, customers deposit and withdraw in USDc. All instruments available inside the platform are priced in this popular stablecoin as well. This approach makes sense and should continue to grow in popularity as more and more people choose crypto to store their funds.
Top Trading Benefits
When it comes to top trading benefits, we should also highlight in our Ex-Cap review 2024 that there are multiple account types. More specifically, the broker offers Basic, Classic and Individual accounts.
There are no differences in terms of access to the asset list, max leverage (1:200), and order execution. We can spot, however, that traders choosing a larger account are awarded with tighter spreads and better support.
Only Basic account holders have to pay a commission per trade (5 USDc) and only Individual accounts receive support from a dedicated account manager. All customers use a personalized and convenient platform to access the markets, place trades and manage their accounts.
Account setup and management are completely free. If you are new to trading, Ex-Cap has customer support agents who can help you with relevant information on any topic.
Are CDIs Secure?
Speaking of security, Ex-Cap promises to store customer funds in segregated accounts. Also, since it has to store crypto, it uses cold wallets with qualified custodians. As a result, it’s possible to ensure a high level of safety, while clients trade at their own pace.
Another factor contributing to security is regulation. The company behind Ex-Cap is registered with the Financial Service Authority (FSA) under registration number 2294 LLC 2022. Additionally, it is also regulated as an international brokerage and clearing house company by M.I.S.A. Both are welcomed and create a transparent trading environment.
Bottom line
Summing up, trading CDIs with Ex-Cap comes with several interesting advantages. This broker has a decent track record and innovates by offering tokenized instruments. Crypto holders now have an option to deposit, trade and then withdraw in cryptocurrency, without having to deal with the traditional financial system.