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Contract reading

What CapitalXtend legally published, but does not want you to read

Every clause below is published by CapitalXtend itself, on its own website, today. The finding is not that the text exists. It is the distance between what a client is shown and what a client agreed to. Read from its own documents on .

Contracting entity: CapitalXtend Limited Liability Company

sole discretiondeemed acceptancehidden feeprofit voidingcost disclosuredispute barrierwithdrawalsforum waiverkyc freezelanguage arbitrage

CapitalXtend runs a full Persian trading site while its own notice says the content is not for residents of Iran. The contract lets it void your winning trades and enforce your losing ones. It advertises 100% negative balance protection that the Client Agreement never grants. Your money is real. Most of the promises around it are not.

Back to CapitalXtend

Contract risk

Money at risk
8.0/10

Where this contract sitsHow far this contract goes, overall. Under 2 is nothing beyond the ordinary; 6 to 9 means several clauses put money you have already earned at risk; 9 and above reads as designed to make payout refusable.

0510
CriticalClauses that can cost you money you have already earned or deposited, or that remove your ability to challenge it.
6
FlaggedEvery clause worth knowing about, at all three severities. Ordinary terms that every broker has are not counted.
20
DocumentsHow many of the broker's own legal files this reading is based on. Each one was downloaded and hashed on the date shown.
10
ContradictionsPlaces where a promise the broker makes in public is not kept by the clause that governs it.
6

How the 20 break downThe same flagged clauses, split by how much each one can cost you. Severity is our reading of the clause, not the broker's label.

Critical6
Warning11
Notice3

section 505 of 555is where the deepest clause sits, 91% of the way into the document it is in

The numbers in this contractFigures taken from this broker's own clauses, so the labels differ from broker to broker. The four in the panel above are the same on every report.

1 of these 4 figures comes from a clause we rate critical, which means it can take your money or your profit rather than only delay it.

Critical$1000000In the contract. Jump to the clause this comes from.100% negative balance protection appears in no contract1Time to complain. Jump to the clause this comes from.Broker records are conclusive, your history is compressed$500Bonus requirement. Jump to the clause this comes from.Three promotions run, no promotion terms published90 daysFee on an unused account. Jump to the clause this comes from.Small balances go to charity after 90 days

What the documents say

20 clauses worth knowing about, worst first, each quoted from CapitalXtend's own files

01

CapitalXtend runs a complete Persian trading site at capitalxtend.com/fa, with Persian account types and prices. The same site says its content is not for residents of Iran.

Why this matters

You sign a warranty at clause 19.9 that your nationality carries no restrictions. If CapitalXtend later calls that warranty false, clause 19.1 lets it end the agreement immediately and take any other action it thinks necessary.

Exhibit 1CriticalRarely seen

The information in this content is not intended to be provided to residents of the USA, Iran, Russia, Myanmar, Canada, Haiti, Suriname, North Korea, Puerto Rico and is not intended to be distributed or used by anyone in any country or jurisdiction area, as in the country or jurisdiction.
Quoted in Deposit & Withdrawals
Read from the broker's site on Open the reference
Our own capture of capitalxtend.com, taken on Sep 12, 2026The claim, on Main hero heading on the Persian language homepageVisit this page on the broker's siteDownload the full size image file
Our own capture of capitalxtend.com, taken on Sep 12, 2026What the contract saysVisit this page on the broker's siteDownload the full size image file

Buried at section 434 of 555 in the Deposit & Withdrawals, 78% of the way through.

Our readingTranslating a whole site into the language of a country you exclude is not a slip in one banner. The Persian notice renders every other country name in Persian script and leaves Iran, Russia and Myanmar in Latin letters, so the three excluded names are the three a Persian reader scans past. The Spanish notice drops all three countries from the list entirely.

  • Worse together with Exhibit 13The site sells in Persian and then refuses to be bound by anything it said in Persian.
02

Clause 10.9.2 splits your trades in two. CapitalXtend can treat the ones you profited on as void, and enforce against you the ones you lost on.

Why this matters

You carry every loss and keep none of the gains. Clause 10.9.4 then puts the burden on you: unless you produce conclusive evidence of no breach, all your profitable trades become null and void.

Exhibit 2CriticalRarely seen

enforce the Open Position or Trade against the Client if it is an Open Position or Trade under which the Client had made losses.
Clause 10.9.2.b in Client Agreement, p.25
Read from the broker's site on Open the reference

Where it sits: section 266 of 555 in the Client Agreement, 48% of the way through.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must treat clients fairly and cannot keep a benefit from cancelling only the outcomes that favour the client. This contract cancels the profitable side and enforces the loss making side.

CapitalXtend is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Our readingVoiding a disputed trade is ordinary. Voiding only the profitable half while enforcing the losing half is a one way ratchet, and the contract states both directions in the same clause.

  • Worse together with Exhibit 7CapitalXtend defines the abuse itself, then applies this clause to whatever it defined.
  • Worse together with Exhibit 6You must prove no breach while the broker's own records are the conclusive evidence.
03

The fund insurance page promises 100% negative balance protection and says your money is automatically covered up to $1M. The Client Agreement grants neither.

In plain words

Negative balance protection is a limit that stops you owing more than you put in. Without it, one fast market move can leave you owing the broker money on top of your deposit.

Why this matters

You cannot claim on a promise that lives only on a marketing page. Clause 10.9.7 lets CapitalXtend decline to clear a negative balance, and clause 12.7 says you carry the loss if the firm holding your money fails.

Exhibit 3CriticalHarder than usual$1000000

the Company may only have an unsecured claim against the third party on behalf of the Client, and the Client will be exposed to the risk that the money received by the Company from the third party is insufficient to satisfy the claims of the Client with claims in respect of the relevant account. The Company does not accept any liability or responsibility for any resulting losses.
Clause 12.7 in Client Agreement, p.33
Read from the broker's site on Open the reference

Buried at section 350 of 555 in the Client Agreement, 63% of the way through.

Set against a regulated standard: ESMA (EU), FCA (UK), CySEC (Cyprus)

Firms licensed under ESMA rules and by the FCA must give retail CFD clients negative balance protection as a hard account level guarantee. Here the guarantee sits on a webpage and the contract keeps the opposite right.

CapitalXtend is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

  • Worse together with Exhibit 8A negative balance the broker will not clear can be taken from your other accounts and wallets instead.
04

Clause 10.9.14 lets CapitalXtend restrict, delay, reject, reverse or cancel your withdrawal whenever it suspects abusive conduct. No deadline limits that hold.

Why this matters

Your withdrawal can stop on the broker's own suspicion and stay stopped. Clause 13.13 adds that any internal transfer can be declined without any reasoning at all.

Exhibit 4CriticalHarder than usual

The Company reserves the right to restrict, delay, reject, reverse, or cancel internal transfers, transfers between trading accounts, transfers from trading accounts to wallets, withdrawals or other movement of Client funds where Open Positions exist and margin sufficiency, operational integrity, liquidity conditions, or market risk may reasonably be affected, or where the Company reasonably suspects abusive conduct
Clause 10.9.14 in Client Agreement, p.28
Read from the broker's site on Open the reference

Where it sits: section 296 of 555 in the Client Agreement, 53% of the way through.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must return client money promptly on request and must record a specific reason for refusing. This contract needs only a reasonable suspicion and sets no outer limit on the hold.

CapitalXtend is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

  • Worse together with Exhibit 15A document request with no deadline attached to a withdrawal that has no deadline either.
05

Clause 17.1 says every charge, fee and cost is in the Contract Specifications section. That page lists swap rates and trading hours, and has no column for spreads, commission or fees.

Why this matters

You cannot see what a deposit or withdrawal costs before you register. Clause 13.1 puts payment charges in the Personal Area, which opens only after you have an account.

Exhibit 5WarningHarder than usual

All relevant charges, fees and costs shall be available in the Contract Specifications section, on the Company's Website.
Clause 17.1 in Client Agreement, p.37
Read from the broker's site on Open the reference

Buried at section 400 of 555 in the Client Agreement, 72% of the way through.

Set against a regulated standard: FCA (UK), CySEC (Cyprus), ESMA (EU)

Firms licensed by the FCA or CySEC must give a retail client all costs and charges before that client trades. Here the contract points at a page without a cost column, and at a client area behind a login.

CapitalXtend is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

  • Worse together with Exhibit 11Fees you cannot look up in advance can also change without warning.
06

Clause 23.6 lets CapitalXtend use its own records as conclusive evidence of what you asked for. Clause 10.1.12 lets it archive your trading history to a single summarised line after one month.

Why this matters

You have to argue against records the contract already calls conclusive, using a history that can be reduced to one line. Save your own statements every month.

Exhibit 6WarningHarder than usual1

The Company reserves the right to use such records as conclusive evidence of the Orders/instructions/requests or conversations by and with the Client or to comply with regulatory obligations, without the Client's consent.
Clause 23.6 in Client Agreement, p.47
Read from the broker's site on Open the reference

Buried at section 494 of 555 in the Client Agreement, 89% of the way through.

  • Worse together with Exhibit 12A complaint you must substantiate, judged on evidence the contract calls conclusive.

CapitalXtend can keep your losses and cancel your gains

Clause 10.9.2 lets CapitalXtend void the trades you profited on and enforce the trades you lost on. Clause 10.9.4 makes every profitable trade null and void unless you produce conclusive evidence that you broke no rule. Clause 10.9.6 lets the company decide by itself what counts as a rule break.

Profit reversal1 clause flagged

Clause 10.9.6 gives CapitalXtend sole discretion to define which scalping or high frequency strategies break fair trading. Clause 10.9.8 then removes the profits those strategies made.

Why this matters

Fast trading that was allowed on Monday can be called abusive on Friday, and the profit leaves your account. The contract sets no test you can check your own trading against.

Exhibit 7CriticalHarder than usual

The Company has sole discretion and right to define scalping or HFT (High Frequency Trading) strategies that are in violation of fair-trading strategies.
Clause 10.9.6 in Client Agreement, p.26
Read from the broker's site on Open the reference

Where it sits: section 276 of 555 in the Client Agreement, 50% of the way through.

Shared connections, cut leverage and terms that move

Clause 10.9.13 lets CapitalXtend treat accounts as related on a shared device, IP address or payment method, and clause 10.9.10 lets it pull money from your wallet to cover a negative balance. Clause 10.5.6 reduces your leverage above $20,000 of equity on one hour of notice. Clause 25.1 changes the agreement whenever the company likes, with the website as your notice.

Control of your account3 clauses flagged

Clause 10.9.13 lets CapitalXtend treat accounts as related on shared devices, IP addresses or payment methods. Clause 10.9.10 then covers one account's negative balance from your wallet.

Why this matters

Two people trading from one home connection can be judged as one. Money can move out of your wallet to cover a balance you did not create.

Exhibit 8CriticalRarely seen

including but not limited to accounts under common ownership, common control, beneficial ownership, shared devices, IP addresses, payment methods, funding sources, or any other linked identifiers, the Company reserves the right to treat such accounts as related for the purposes of risk management, abuse prevention, enforcement of this Agreement, and recovery of any amounts owed to the Company.
Clause 10.9.13 in Client Agreement, p.27
Read from the broker's site on Open the reference

Where it sits: section 293 of 555 in the Client Agreement, 53% of the way through.

Our readingLinking accounts by IP address is common as an anti abuse test. Using that link to move money between separate people's balances is a recovery right borrowed from lending, and a home connection or a shared payment card is enough to trigger it.

  • Worse together with Exhibit 3The protection advertised as 100% is the same protection the broker treats as abusable.

Clause 25.1 lets CapitalXtend change the agreement at any time, and you may simply find the change on its website. Clause 23.5 treats a website posting as received by you one hour later.

Why this matters

You are bound by terms you were never sent, one hour after they appear. Keeping up with the changes is your job under clause 25.1, not the broker's.

Exhibit 16WarningHarder than usual1

The latest version of the Agreement shall always be available on the Website and the Client has the responsibility to remain informed with amendments at all times.
Clause 25.1 in Client Agreement, p.48
Read from the broker's site on Open the reference

Buried at section 505 of 555 in the Client Agreement, 91% of the way through.

Clause 10.5.6 lets CapitalXtend reduce your leverage once your equity goes above $20,000, on one hour of notice. In urgent cases it can act with no notice at all.

Why this matters

The account that grows is the account that loses buying power, and one hour is not long enough to restructure open positions. Marketing across the site still advertises unlimited leverage.

Exhibit 17WarningHarder than usual$20000

If a client's equity exceeds USD twenty thousand the Company may reduce the client's leverage as a risk-management measure. The Company will provide advance notice of no less than one hour before such a change takes effect by sending a notification to the client's registered email address.
Clause 10.5.6 in Client Agreement, p.22
Read from the broker's site on Open the reference

Where it sits: section 234 of 555 in the Client Agreement, 42% of the way through.

CapitalXtend points at cost pages that carry no costs

Clause 17.1 says all charges, fees and costs are in the Contract Specifications section, where the table has columns for swaps and trading hours and none for fees. Clause 13.1 puts payment charges in the client Personal Area, behind a login. Clause 17.6 then allows charges to change without prior warning, with a website posting counting as due notice.

Cost disclosure1 clause flagged

The Refund and Withdrawal Policy says CapitalXtend charges no internal withdrawal fees. Clause 17.5 says it will charge you for withdrawing money you deposited but never traded.

Why this matters

Deposit, change your mind, and taking your own money back costs you an amount the contract never states. The card withdrawal fee of $2.50 sits on a tab most readers never open.

Exhibit 11WarningHarder than usual$2.5

In the event where a Client, who funded but has not engaged into any Trading activity, requests for a withdrawal of those funds, the Company shall impose certain charges based on the specific payment method used.
Clause 17.5 in Client Agreement, p.38
Read from the broker's site on Open the reference

Where it sits: section 22 of 58 in the Client Agreement, 38% of the way through.

CapitalXtend runs three promotions and publishes no terms

A 50% deposit bonus capped at $500, a cashback reward and up to 3% on account equity are all advertised, and the bonus page refers you to terms and conditions that appear nowhere on the site. The only governing text is clause 10.8 of the Client Agreement, which lets CapitalXtend cancel all rewards, orders and profits made during the campaign period on suspicion of misuse.

Promotion terms1 clause flagged

CapitalXtend offers a 50% deposit bonus up to $500, a cashback reward and up to 3% on account equity. No bonus terms document is published anywhere on the site.

Why this matters

The bonus page tells you the offer is subject to terms and conditions you cannot read. Clause 10.8.5 lets CapitalXtend cancel all rewards, orders and profits you made during the campaign period.

Exhibit 9WarningHarder than usual$500

If the Company suspects that the Client misuses or is attempting to misuses the campaign reward or breaches any term of this Agreement or the Terms and Conditions of the campaign, the Company shall remove the Client from the campaign and cancel all rewards, orders and profits made by the Client within the campaign period.
Clause 10.8.5 in Client Agreement, p.25
Read from the broker's site on Open the reference

Where it sits: section 259 of 555 in the Client Agreement, 47% of the way through.

What it costsDeposit $1,000 and you get $500 of bonus credit as margin, so you can open positions sized on $1,500. Losses still come out of your $1,000 first.

CapitalXtend judges the complaint on its own conclusive records

Clause 23.6 makes the company's records conclusive evidence of what you asked for, while clause 10.1.12 lets your trading history be archived to a single line after one month. Clause 21.6 lets CapitalXtend dismiss a complaint it finds inaccurate, and clause 21.7 closes the file if you do not object within an undefined reasonable timeframe.

Challenging a decision2 clauses flagged

Clause 21.6 lets CapitalXtend dismiss a complaint it judges inaccurate or rude. Clause 21.7 closes it if you do not call the answer unsatisfactory within a reasonable timeframe nobody defines.

Why this matters

Stay quiet after a reply you disagree with and the matter counts as resolved. Clause 26.5 then sends you to Clause 20 for the procedure, which is the wrong clause: complaints are Clause 21.

Exhibit 12WarningHarder than usual

Where a query or complaint does not comply with the provision of this Agreement, or it is not expressed accurately and/or it comprises obscene/rude words and/or includes offensive language and/or threats towards the Company or its representatives, the Company has the right dismiss it.
Clause 21.6 in Client Agreement, p.43
Read from the broker's site on Open the reference

Buried at section 458 of 555 in the Client Agreement, 83% of the way through.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC work to fixed complaint deadlines and must tell you about an independent ombudsman when they answer. This contract sets no deadline on either side and closes the file on your silence.

CapitalXtend is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

The policy governing your withdrawals says it covers clients of [Broker Name], a placeholder nobody replaced. It gives you 14 calendar days to ask for a refund of a wrong deposit.

Why this matters

The clock starts at the deposit, not at the moment you notice the error. A decision on your refund can then take another 10 business days.

Exhibit 19NoticeHarder than usual14 days

This Refund and Withdrawal Policy governs all requests for withdrawals and refunds submitted by clients of [Broker Name]
Quoted in Refund and Withdrawal Policy
Read from the broker's site on Open the reference

Where it sits: section 12 of 58 in the Refund and Withdrawal Policy, near the start.

CapitalXtend sells in five languages and is bound by one

Clause 4.3 says translations are for convenience, do not bind the company, and carry no liability for anything inaccurate or omitted. Marketing runs in English, Persian, Korean, Turkish and Spanish. Disputes go to the courts of St. Vincent and the Grenadines under clause 26.2.

Binding language1 clause flagged

CapitalXtend sells in English, Persian, Korean, Turkish and Spanish. Clause 4.3 says no translation binds the company and it takes no responsibility for anything lost in one.

Why this matters

Whatever convinced you in your own language counts for nothing in a dispute. Only the English text binds, and the Spanish legal pages carry an English body under a Spanish heading anyway.

Exhibit 13WarningHarder than usual5

Any translation provided in a language other than English is supplied for convenience and informational purposes only. Such translations shall not be legally binding on the Company and the Company accepts no responsibility or liability for any inaccuracy, omission, or misunderstanding arising from the translated text.
Clause 4.3 in Client Agreement, p.11
Read from the broker's site on Open the reference

Where it sits: section 118 of 555 in the Client Agreement, near the start.

CapitalXtend can suspend an account on an employee's opinion

The AML Policy allows suspension of any customer operation judged suspicious in the opinion of company employees, with no deadline and no appeal written down. Clause 6.8 suspends services when your documents expire, and clause 12.3 lets a transfer be rejected when the paperwork does not satisfy the company.

Document demands1 clause flagged

The AML Policy lets CapitalXtend suspend your activity on the opinion of its employees. No deadline, no appeal and no review step appears anywhere in the document.

Why this matters

Your account can stop on an internal view you never see. Clause 6.8 adds that expired documents let CapitalXtend suspend the service until you replace them.

Exhibit 15WarningHarder than usual

The Company reserves the right to suspend any Customer's operation, which can be regarded as illegal or may be related to Money Laundering in the opinion of its employees.
Clause 3 in AML Policy, p.2
Read from the broker's site on Open the reference

Where it sits: section 18 of 48 in the AML Policy, 38% of the way through.

CapitalXtend can be your counterparty and your venue

Clause 10.1.1 allows CapitalXtend to execute your order as counterparty, making itself the execution venue. Clause 16.7 authorises it to act despite any conflict of interest without referring to you first. When the underlying market is closed, clause 10.3.2 sets the quotes at the company's absolute discretion.

In plain words

On a principal basis, as your counterparty, means the broker takes the other side of your trade itself. Your loss is then the firm’s gain, so it has an interest in how your trade ends.

Who is on the other side1 clause flagged

Clause 10.1.1 lets CapitalXtend be the counterparty and the execution venue for your order. Clause 16.7 lets it act despite any conflict of interest without telling you first.

Why this matters

When CapitalXtend is the other side, your loss can be its gain. The fund insurance page still sells award winning ECN execution, which means orders going out to the market.

Exhibit 14WarningStandard wording

Depending on each Account type held by the Client, the Company shall be executing Orders as a counterparty in the particular transaction in which case the Company will be the execution venue, or it will be transmitting the Orders for execution to a third party
Clause 10.1.1 in Client Agreement, p.17
Read from the broker's site on Open the reference
Our own capture of capitalxtend.com, taken on Sep 12, 2026The claim, on Reliability Backed by Excellence panel on the fund insurance pageVisit this page on the broker's siteDownload the full size image file

Buried at section 392 of 555 in the Client Agreement, 71% of the way through.

A CapitalXtend balance under $1 can go to charity

Clause 12.13 lets CapitalXtend take a balance of $1 or less after 90 calendar days without trading and give it to charity at its absolute discretion. The glossary treats an account as dormant after 90 days of no trading or six months of no transactions. At five years with no movement, clause 12.12 releases your money from the segregated account.

Dormant accounts1 clause flagged

Leave $1 or less in a CapitalXtend account with no trading for 90 calendar days and clause 12.13 lets the firm take that balance and give it to charity at its absolute discretion.

Why this matters

Your leftover balance goes without a notice step in the clause. At five years of no movement, clause 12.12 lets CapitalXtend release your money out of the segregated account.

Exhibit 10WarningHarder than usual90 days

In the event that the Client's Trading Account Balance is up to 1 USD/EUR/GBP and the Client has not shown any Trading activity for more than 90 calendar days, the Company has the right to deduct this remaining Trading Account Balance and use it for charity purposes at its absolute discretion.
Clause 12.13 in Client Agreement, p.33
Read from the broker's site on Open the reference

Buried at section 352 of 555 in the Client Agreement, 63% of the way through.

What happens, and when

The stages this clause runs through, taken from the broker's own document
TriggerWhat the broker may then doClause
Day 90With no trading activity, the account counts as dormant or inactive.2.1
Day 90, balance $1 or lessCapitalXtend can take the remaining balance and use it for charity.12.13
6 monthsWith no transactions at all, the account counts as dormant on the second test.2.1
5 yearsIf the balance has not moved and you cannot be traced, your money leaves the segregated account.12.12
  • Limited by Exhibit 16Clause 10.11.4 promises that inactivity limits will not block you from withdrawing.

The licence is in Mauritius, the contract is in St. Vincent

CapitalXtend advertises Mauritius licence GB23201599 on every page, while clause 26.1 governs your contract by St. Vincent and the Grenadines law and clause 26.2 sends disputes to St. Vincent courts. The agreement gives the St. Vincent company two different registration numbers, 365LLC2020 in clause 1.2 and 395LLC2020 in the footer of all 53 pages. The risk disclosure runs to about 500 words and never states what share of retail traders lose money.

Who you contract with2 clauses flagged

Every page advertises a Mauritius licence, GB23201599. The Client Agreement puts your contract under St. Vincent and the Grenadines law, where that licence does not reach.

Why this matters

Any claim you bring goes to St. Vincent courts, not to the Mauritius regulator on the homepage. The agreement also gives two different registration numbers for the same company.

Exhibit 18NoticeHarder than usual

CXDT Global LTD (Cyprus), with registration number HE448937, registered office at Aiolou & Panagioti Diomidous 9 Katholiki, 3020 Limassol, Cyprus, is the payment agent processing on behalf of CapitalXtend (Mauritius) LLC with license number GB23201599.
Clause 1.2 in Client Agreement, p.1
Read from the broker's site on Open the reference

Where it sits: section 30 of 555 in the Client Agreement, near the start.

CapitalXtend's entire risk disclosure covers deposits, technical failures and force majeure in about 500 words. It never states what share of retail traders lose money.

Why this matters

The document that should explain your downside spends most of its length listing what the company is not liable for. Read the Client Agreement instead.

Exhibit 20NoticeHarder than usual

The Company is not responsible for the client losses sustained because of an incorrect trading strategy choice or his/her disregard of the rules of capital management.
Clause 1.2 in Risk Disclosure
Read from the broker's site on Open the reference

Where it sits: section 9 of 26 in the Risk Disclosure, 35% of the way through.

Set against a regulated standard: FCA (UK), ESMA (EU), CySEC (Cyprus)

Firms licensed by the FCA or under ESMA rules must show a standard warning giving the percentage of retail accounts that lose money on CFDs. No such figure appears in this disclosure.

CapitalXtend is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Where the marketing and the contract disagree

A promise made in public, set against the clause that governs it

01

CapitalXtend markets a full trading service in Persian while telling readers the service is not meant for residents of Iran.

Said in public, in Persian

یک کارگزاری بین المللی برای معامله‌گران حرفه ای

Word for word in English: An international brokerage for professional traders

Main hero heading on the Persian language homepage

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of capitalxtend.com

In the contract

The information in this content is not intended to be provided to residents of the USA, Iran, Russia, Myanmar, Canada, Haiti, Suriname, North Korea, Puerto Rico and is not intended to be distributed or used by anyone in any country or jurisdiction area, as in the country or jurisdiction.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of capitalxtend.com

02

The marketing promises automatic cover up to $1M while the contract says you carry the loss if the institution holding your money fails.

Said in public, in English

Your funds are automatically covered up to $1M.

Step 03 of the How Our Client Fund Insurance Works panel

In the contract · clause 12.7

the Company may only have an unsecured claim against the third party on behalf of the Client, and the Client will be exposed to the risk that the money received by the Company from the third party is insufficient to satisfy the claims of the Client with claims in respect of the relevant account. The Company does not accept any liability or responsibility for any resulting losses.

03

The site advertises 100% negative balance protection while the contract reserves the right to leave a negative balance in place.

Said in public, in English

Negative Balance Protection

Headline statistic shown as 100% in the Enhanced Capital Protection panel

In the contract · clause 10.9.7

Decline to adjust the client's trading account(s);

04

The policy page says the company charges no withdrawal fees of its own while clause 17.5 says it will impose charges on an untraded withdrawal.

Said in public, in English

CapitalXtend does not charge internal withdrawal fees, but external banking, or payment processor fees may apply.

Section 1.4 Fees of the Refund and Withdrawal Policy

In the contract · clause 17.5

In the event where a Client, who funded but has not engaged into any Trading activity, requests for a withdrawal of those funds, the Company shall impose certain charges based on the specific payment method used.

05

The site sells ECN execution while the contract allows CapitalXtend to be your counterparty and the venue at the same time.

Said in public, in English

CapitalXtend combines multi-award-winning ECN execution speeds with unparalleled asset safety.

Reliability Backed by Excellence panel on the fund insurance page

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of capitalxtend.com

In the contract · clause 10.1.1

Depending on each Account type held by the Client, the Company shall be executing Orders as a counterparty in the particular transaction in which case the Company will be the execution venue

06

Accounts are sold on unlimited leverage that the contract withdraws once equity passes $20,000.

Said in public, in English

Unlimited Leverage

Headline feature on the Standard and ECN account cards

In the contract · clause 10.5.6

If a client's equity exceeds USD twenty thousand the Company may reduce the client's leverage as a risk-management measure.

The documents this reading is based on

10 files, all published by CapitalXtend. Each shows when we read it and a fingerprint of its wording.

WIKILIX keeps the copy of each file it read, and does not republish it: what is published is the fingerprint of its wording. Download the file yourself and hash its text, lowercased with runs of whitespace collapsed, and a matching fingerprint means the wording quoted above is still the wording CapitalXtend publishes.

How this reading was done

Every clause above was read out of a document CapitalXtend publishes itself

This reading was published on .

Documents
10 of 10downloaded from the broker's site, and 10 read in full
Pages opened
54pages walked to find those documents, footer links included
Marketing pages
11public pages set against what the contract says
Languages
EN vs FAthe language it advertises in, against the language it contracts in
Position measured
20clauses whose position was counted: which numbered section of the document holds them, out of how many

Who the contract is with

CapitalXtend Limited Liability Company

You contract with the St. Vincent and the Grenadines company, not the Mauritius one the site advertises. Clause 1.1 names CAPITALXTEND LIMITED as the Company. Clause 26.1 puts the agreement under St. Vincent law and clause 26.2 sends every dispute to St. Vincent courts. The Mauritius entity holding licence GB23201599 appears once in the whole agreement, at clause 1.2, only as the party a Cyprus payment agent processes for. The agreement disagrees with itself on the registration number: clause 1.2 says 365LLC2020 while the footer of all 53 pages says 395LLC2020. The bonus page lists a Cyprus telephone number, +357 25056441.

Quotations are copied verbatim from the documents named above, with the clause number and the page each one came from. Where a clause is quoted in another language, the original is shown first and the English is a translation.

The plain-language parts, what a clause means for a client, how ordinary it is, and how it reads against a regulated standard, are WIKILIX's analysis and are labelled as such on every card. This is a reading of public documents, not legal advice and not an allegation of wrongdoing.

In fairness, and what we could not check

A reader who knows the edges of the work can trust the middle of it

The trading numbers are published properly, which many offshore brokers avoid. Stop out at 10%, margin call at 80%, minimum deposits of $12 and $50, spreads from 1.2 and a full swap table per instrument all sit on open pages with no login. Clause 10.11.4 is a real protection: after an inactivity limit CapitalXtend can restrict the account, but it writes that none of those limits will affect your ability to withdraw. Clause 10.2.4 gives three business days notice before margin requirements change. The Client Agreement is one clearly numbered 53 page document rather than a scatter of fragments.

We read the Client Agreement and the AML Policy in full, and the privacy, risk, refund, licence and Financial Commission pages as the site serves them. Five of those pages carry Spanish headings over English legal text, so we read the English. No earlier version of any CapitalXtend document exists to compare against, so this is a first reading with nothing to measure change from. We did not see the bonus, cashback or return on equity terms: the promotion pages refer to terms and conditions, and no such document is published on the site. Deposit and withdrawal charges are said to sit in the client Personal Area, which is behind a login we did not open.

How to check any of this yourself

Every quote above links to the CapitalXtend file it came from. This is what to do with it.

Open the three stepsFind the words in the source, work out the fingerprint, and read what a difference does and does not prove.

Open the source and search for the words

Every quote has a link under it. Open the file, or the web page, and search it for the words we quote. The clause number next to the quote tells you where to look.

If the words are not there any more, the source may have changed after we read it. That is worth knowing too. We keep the date we read it, and a code worked out from its wording, so the quote stays checkable.

What a fingerprint is

A fingerprint is a code worked out from what a source says. Change one word and the code changes completely. We keep two codes for every file we read, and the panel on each source shows both.

The first is the code of the exact file we downloaded. The second is the code of its wording alone, with capital letters lowered and runs of spaces collapsed. When the same words are saved as a new file, the first code changes and the second one stays the same.

Only the first code can be worked out on your own computer. Save the file, then run one of these, putting the name of the file you saved where the example is. The panel on each source prints the command with that source's real file name already in it.

macOS or Linux:
  shasum -a 256 the-file-you-saved.pdf

Windows:
  certutil -hashfile the-file-you-saved.pdf SHA256

The two codes are different from each other, and they are not meant to match. Comparing one against the other proves nothing.

What a difference means, and what it does not

A different file code on its own proves nothing. A PDF saved again with a new date inside it is a new file saying exactly the same thing.

A different wording code means the words themselves changed. That is the one that matters, and it is why we keep it.

Even then, a change is not proof of bad faith. Companies update their documents. What this report says is what the document said on the day we read it, and every quote carries that date.

A source that is a web page and not a file has no file to save, so only the code of its wording is shown.

How this report is made

Every clause quoted above comes from a document CapitalXtend publishes on its own website, downloaded and hashed on the date shown, with the clause number and page recorded so any reader can check it. We do not allege anything the documents do not say, and we do not judge CapitalXtend on anything other than its own published terms and its own public marketing. Where a clause has a qualifier that softens it, the report says so. Last read Sep 12, 2026.

If you represent CapitalXtend and a clause has changed, been withdrawn, or is being read out of context, tell us and we will re-read the documents and update this page. Corrections from the broker are welcome and are published with the reading they change. Contact us.

This is a reading of a contract, not legal advice and not a ruling on CapitalXtend. Whether its licence is real and current is a separate check on the broker profile.

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