Introducing Ex-Cap
High demand for crypto-related products has been a key theme during the last year and as a result, retail brokers adapted accordingly. This is the case with Ex-Cap, a brand offering crypto-denominated instruments, or CDIs, based on hundreds of well-known assets.
If you want to learn more about tokenized assets, then check our Ex-Cap review because it will summarize some of the main features of trading such instruments. At first glance, the broker seems reliable, given it is registered with FSA and regulated as an international brokerage and clearing house company by M.I.S.A. Let’s see what other benefits are available.
CDI Trading
Those who want to trade CDIs based on currencies, stocks, indices, commodities and cryptocurrencies can find comfort with Ex-Cap. By providing diversification capabilities to its user base, the brokerage is well-positioned to address a growing need for assets based on all major markets.
As always, it is possible to trade with leverage and at the same time, the company promises tight spreads. The only difference is that you no longer need fiat to fund, withdraw, or trade. Ex-Cap allows crypto deposits and then you can trade on tokenized instruments denominated in popular coins such as USDT.
Account Types
Since customers come with different needs, Ex-Cap provides three different account types: Basic, Classic and Individual. There are no differences in terms of the instruments list, max leverage, minimal order size, access to automated trading and other benefits.
However, with the Basic account, traders have to pay a commission as well, on top of the usual spread. This cost is no longer applicable to Classic and Individual accounts. Spreads are also influenced by your account type.
With a Basic account, spreads start from 1.5 pips, while if you go for the Individual account, that figure can drop to as low as 0.0 pips. This depends on market liquidity and volatility as well.
Regardless of your account type, with Ex-Cap you are trading with proprietary software compatible with a browser, desktop, mobile, and tablet. All customers receive technical support whenever they need it.
Safety Of Assets
Given clients use only crypto to fund, withdraw and trade with Ex-Cap, one of the potential concerns deals with safety. Still, the broker reassures traders that it keeps customer funds in cold wallets, which are the safest way to store crypto at the time of writing.
Additionally, by being licensed to offer such trading services, the company must adhere to strict trading standards and operate in a transparent manner. In case you want to learn more about this, the customer support service available with Ex-Cap should help.
Conclusion
CDI trading looks like a promising avenue for traders wanting to no longer deal with fiat. There are hundreds of instruments and trading conditions look fine. Moreover, the fact that this is an authorized brokerage plays a key role as well. Such a trading offer makes complete sense at a time when more and more people want to use cryptocurrencies, even when it comes to taking advantage of short-term market movements.