About Ex-Cap
Ex-Cap is a relatively new brokerage brand that seems to have combined the speed and transparency of crypto with the stability and reliability of exchange-traded instruments. The solution is dubbed CDI, which stands for crypto-denominated instruments. Traders working with this broker deposit their cryptocurrencies and then use them as collateral to trade a broad range of instruments, not just crypto.
Moreover, Ex-Cap branded itself as a gateway to Web3 and currencies of the future. This could be of interest to you, if you want to trade online. We recommend you read our updated broker review so you can learn more about Ex-Cap, the concept of CDI and some of its key features.
CDI trading
Trading CDI is not very different from traditional retail trading. Instead of using fiat currencies when depositing funds, you can use Bitcoin, Ethereum and other major coins. At the same time, assets are priced relative to crypto, instead of fiat.
With Ex-Cap, traders benefit from broad asset coverage. The broker provides access to hundreds of tradable instruments, including FX, shares, crypto, commodities and indices. In terms of crypto trading, you can buy/sell popular coins, taking advantage of the elevated volatility in the space.
Setting up a live account
In order to set up an online trading account with Ex-Cap, you should first decide on the appropriate account type based on your personal tastes. Basic, Classic and Individual accounts are currently part of the company’s offer, which shows just how flexible this broker is.
When signing up, the broker asks you to provide personal details and some verification documents to back them up. Because this is a CDI broker, only crypto deposits are available with Ex-Cap. You can simply transfer funds from your wallet and then trade any of the hundreds of CDIs on the list.
Features
Trading features on all three accounts are quite attractive. All traders have access to the full assets list and can trade with up to 1:200 leverage. Also, there are no restrictions in terms of using the trading software designed by Ex-Cap.
Differences do emerge when it comes to trading costs. Basic account holders pay 5 USDT trading commissions, while there are no such charges for the other two accounts. The same goes for spreads, since with a Basic account these costs start at 1.5 pips and then gradually drop with Classic and Individual.
Traders with limited funding were also taken into consideration, given the minimum order amount is 0.01 lot. Customer support is another feature to note, especially since some customers are entitled to a dedicated account manager. All in all, it looks like Ex-Cap strikes the right balance here between affordability and features.
Bottom line
To sum up, with Ex-Cap you can leverage the benefits of CDIs to the max. The trading conditions designed by the broker are flexible and competitive, judging by what other brands are currently providing. That’s why we decided to give this brand a positive rating and to recommend it to traders.
Ex-Cap Overview
Product Name: Ex-Cap
Product Description: Ex-Cap is a relatively new brokerage brand that seems to have combined the speed and transparency of crypto with the stability and reliability of exchange-traded instruments. The solution is dubbed CDI, which stands for crypto-denominated instruments.
Brand: Ex-Cap
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Trading Platform
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Accounts
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Customer Satisfaction
Summary
To sum up, with Ex-Cap you can leverage the benefits of CDIs to the max. The trading conditions designed by the broker are flexible and competitive, judging by what other brands are currently providing. That’s why we decided to give this brand a positive rating and to recommend it to traders.
