Ex-Cap Review 2023 – Trading CDIs with a licensed brokerage

Introduction

Ex-Cap is a growing CDI trading brand, acting as a gateway to financial markets for any individual wanting to trade with crypto. In the context of improved sentiment across the digital assets space, there are more people than ever holding their savings in BTC, ETH, or other altcoins. 

As a result, Ex-Cap comes as a licensed trading broker, offering crypto-denominated instruments. It’s important to note that the company behind the brand is licensed with the FSA and regulated as an international brokerage and clearing house with M.I.S.A. Regulatory compliance is critical for traders, so now we can move along and analyze the broader offering. 

What CDIs can you trade with Ex-Cap?

At first glance, it might seem that the notion of crypto-denominated instruments means you can only trade cryptocurrencies. In reality, Ex-Cap is a multi-asset provider, with coverage for all the major markets out there, as tokenized assets.

• Currencies – tens of FX pairs available with tight spreads
• Metals – silver, gold, etc. 
• Indices – S&P 500, Dow Jones, Nasdaq, DAX, FTSE100, etc. 
• Shares – stocks from the US, UK and other European countries 
• Cryptocurrencies – tens of tokens denominated in stablecoins such as USDT
• Energy – WTI, Brent oil, and others. 

Traders working with Ex-Cap have access to these markets with up to 1:200 leverage. Other than spreads and swaps, trading commissions will apply only to Basic accounts. 

Account features

Before moving on to account benefits, you need to know that there are three options at your disposal when working with Ex-Cap: Basic, Classic and Individual. The broker doesn’t share any specifics about deposit requirements for each account, but you will probably need to deposit more for an upgrade. 

Feature-wise, conditions look fair and regardless of choice, all customers have access to competitive terms. Obviously, differences do emerge when it comes to trading costs like commissions and support. Other than that, conditions are relatively the same, even if you go for the Basic account. 

Safety of assets

When working with Ex-Cap you can only make deposits in crypto. As a result, one of the concerns that might arise is dealing with security. The broker promises a high level of safety because it uses state-of-the-art systems. At the same time, most customer funds are held in cold storage or by qualified custodians. 

In terms of the assets you trade, those are derivatives and you don’t have anything to do with the underlying. As a whole, CDIs seem to ensure an optimal level of security, in line with what traders expect from a reliable trading partner. 

Conclusion

Engaging the markets with Ex-Cap seems to be competitive and transparent. This licensed and regulated brokerage definitely works for the benefit of its clients. That conclusion is drawn from the wide range of tools and features accessible once you sign up for a live trading account. As cryptocurrencies continue to reach a wider public, instruments like CDIs should also witness growing popularity. Ex-Cap is well-positioned to take advantage of this trend.