Ex-Cap
About Ex-Cap
Ex-Cap is an online trading brand offering crypto-denominated instruments for an audience interested in no longer dealing with fiat currencies. These tokenized assets are secure, based on the company’s claims, and carry several advantages, like tight spreads and accurate order execution.
As our Ex-Cap review 2024 will show, there could be other reasons why someone might want to consider trading CDIs. Let’s find some more about that!
CDI Coverage
Starting with the CDI coverage, Ex-Cap offers an extensive list of hundreds of instruments. Popular markets like currencies, stocks, indices, commodities and cryptocurrencies are part of the mix. In doing so, regardless of customer, anyone is able to build a portfolio or trade preferred instruments.
In terms of leverage, the maximum available is 1:200 and depends on what you want to trade. This margin requirement is mainly applicable to currency pairs. Only Basic account holders will be charged a commission per trade, while the other two account types carry only the usual spreads.
By trading tokenized assets, people no longer have to exchange crypto to find, and then fund an account to trade. All the instruments available on Ex-Cap’s platform are denominated in crypto and you can also deposit/withdraw in digital coins.
Three Account Types
Speaking of account types, Ex-Cap offers three different solutions: Basic, Classic and Individual. There aren’t too many major differences between them, which is good news for those able to make only a small deposit.
The market execution types, all the CDIs, 1:200 leverage, segregated accounts, trading platform and technical support are features widely available. Differences emerge in terms of commissions, maximum spreads and access to dedicated account managers.
It’s possible to place as small as 0.01, meaning traders will limited capital can still engage in the market. Ex-Cap does not make recommendations and lets each client decide which account type suits his needs best.
Safety Features
Moving on with our Ex-Cap Review 2024, since you no longer use fiat, most of the questions arising deal with security. Ex-Cap promises to store most customer funds in cold wallets with qualified custodians. Moreover, the broker is registered with the FSA and regulated by M.I.S.A.
According to their official website, only state-of-the-art security systems are used to ensure that customer funds are always safe. As long as you keep your crypto wallet data private, nobody should be able to gain unauthorized access.
Even though the instruments are priced in crypto, that doesn’t mean you are buying and selling the underlying assets. These are still financial derivatives enabling traders to take advantage of price movements.
Summary
After reviewing the full list of benefits available with Ex-Cap, there are several reasons why people can consider trading CDIs. Especially, if they currently hold their savings in crypto, it’s much more convenient to deposit digital coins directly and then trade tokenized assets.
Ex-Cap caters to a broad audience by covering hundreds of CDIs and using 3 different account types. If you want to learn more about what the broker offers, feel free to check their website.