ANAX CAPITAL

ANAX Capital is regulated by the UAE Capital Market Authority (CMA) under license number 20200000258, which provides a degree of oversight. However, the broker has been operating for only 1-2 years and holds a moderate overall score of 5.54. Traders are advised to conduct their own due diligence before committing funds.

Yes, ANAX Capital is regulated by the Capital Market Authority (CMA) of the United Arab Emirates under a Forex Trading License (EP) with license number 20200000258.

The minimum deposit for ANAX Capital is $100, which is required for the Prime account. The Pro account requires $1,000, and the Elite account requires $10,000.

ANAX Capital supports MetaTrader 5 (MT5) but does not support MetaTrader 4 (MT4).

Pros: Regulated by the UAE CMA; offers three account types with low minimum deposit ($100); supports MT5; allows scalping and EA trading. Cons: Short operating history (1-2 years); high maximum leverage (1:400) increases risk; no Islamic account option; overall broker score is moderate at 5.54.

Based on the latest broker data, no user complaints have been recorded against ANAX Capital.

The broker's official registration is in the United Arab Emirates and it states global business scope, but it is not explicitly disclosed whether clients from the US region are accepted. Traders should verify directly with the broker.

ANAX Capital offers a low minimum deposit of $100 and supports MT5, which can be beginner-friendly. However, the broker has a short track record (1-2 years) and offers leverage up to 1:400, which carries high risk. Beginners should ensure they understand these risks before trading.

ANAX Capital offers three account types: Elite (spread from 0.8, max leverage 1:200, minimum deposit $10,000), Pro (spread from 1, max leverage 1:400, minimum deposit $1,000), and Prime (spread from 1.2, max leverage 1:400, minimum deposit $100). All accounts allow scalping, EA trading, and position locking. Islamic accounts are not offered.

ANAX Capital offers maximum leverage of 1:200 for the Elite account and 1:400 for the Pro and Prime accounts. Leverage of 1:400 is considered high and can significantly amplify both profits and losses, posing substantial risk. Traders should use leverage cautiously.

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

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