Capital Street FX: CFD accounts, platforms, payment charges and promotional conditions

Capital Street FX assigns STP accounts and promotions to Bancclear in Saint Vincent and the Grenadines, and ECN/prime accounts to Intermarkets in Mauritius. Its Mauritius claim therefore does not automatically cover promotional STP accounts.[17]

Basic advertises no commission and a 0.01-lot minimum. VIP displays 0.01% commission but also describes custom commissions without a complete charging basis. Its FAQ gives a $5,000 minimum, conflicting with the $10,000 headline and comparison table. A written VIP schedule is needed to resolve both points.[2][3]

The FAQ requires identity and address verification before deposits, trading and withdrawals and says all accounts are denominated in USD. Acceptance depends on country and sanctions screening. A country appearing in a registration menu is not evidence of local regulatory permission.[5]

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The dedicated swap page describes a 6% annual rate, calculated daily on contract value and applied at 05:00 GMT, with a designated triple-charge weekday usually Wednesday. The commodities page instead states 6.5% annually. They do not identify a common effective date or account distinction that reconciles the difference. The account’s actual symbol schedule is consequently more useful than treating either number as universal.[13][6]

For illustration only, the swap page’s formula applied to USD 100,000 notional at 6% gives about USD 16.44 per calendar day: 100,000 × 0.06 ÷ 365. This calculation excludes spread, commission, conversion and any multi-day rollover, and is not a current quote for a named instrument.[13]

The commodities page advertises swap-free eligibility from $500 and a replacement administration fee of 0.01% per side. It also gives Zero-account commission as 0.01% per side. The percentage base and complete account/product scope should be established before comparing these charges with a spread-only tier.[6]

Terms clause 3.5 permits a charge after a year without transactions, or when balance is $50 or less: the lower of $50 and the remaining balance, followed by closure. The low-balance trigger is separate; no recurring monthly fee is specified.[4]

The site markets leverage up to 1:10,000, but its leverage page makes the applied level dependent on account approval and bonus arrangements. This is a ceiling, not a product-by-equity entitlement. A complete current margin schedule is needed for the selected symbol and entity.[14]

The FAQ contains incompatible liquidation descriptions: 50% of required margin, 10% of starting balance/equity, and a separate 100% margin-level condition. It also gives a one-lot non-stock minimum while the Basic page says 0.01 lot. These cannot be combined into one reliable stop-out or minimum-size rule.[5][2]

Alt X lists OCO, trailing, market, limit and stop orders. Public descriptions leave instrument-specific stop distances, pending-order validity and trailing-stop persistence after disconnection unresolved. The comparison’s zero-slippage entry is marketing, unsupported by execution measurements.[10][1]

Telephone orders require designated dealing numbers supplied after opening, notified hours and direct conversation with a broker. Voicemail and fax are excluded. Instructions take effect on receipt; the public office number is not identified as an emergency dealing line.[4]

Closure means stopping account activity and requesting the available balance, calculated under trading, verification, payment and any promotion terms. The published policy treats deposits as irreversible and distinguishes closure from cancelling a recurring subscription. It is the company’s stated process, not an independent determination of statutory payment rights.[16]

Transfers of positions, funds or property to another institution can incur a broker-determined charge; no tariff or universal transferability is promised. The broker selects conversion rates from prevailing FX rates. Non-USD funding consequently needs a specific conversion quote.[4]

Segregation and negative balance protection are advertised, but the general terms retain deficit liability beyond equity. An account-specific contractual clause is needed to resolve that conflict. No separate private insurance policy was established.[17][4]

The regulatory disclosure names Capital Street Intermarkets Limited and expressly states that dealing with it is not protected by statutory compensation in Mauritius. It also says issuance of the licence does not vouch for the products’ financial soundness or the firm’s statements. Registration of a separate SVG company should not be read as equivalent investment-dealer supervision.[18]

The online security notice requires immediate reporting of lost, disclosed or misused credentials and permits suspension of platform access where unauthorized use is suspected. It makes clients responsible for credential confidentiality. The inspected materials do not establish a defined withdrawal cooling-off period after account recovery.[19]

The FAQ offers a password-recovery route and support assistance. If a registered email becomes inaccessible, its stated procedure is to close the old account, open one with a new email and internally transfer funds. It does not explain what happens to open positions or historical access during that process.[5]

The MT5 copy facility is a bridge into an Alt X copy account: an MT5 script sends trading actions through an API, and the client maps instrument symbols. It is not proof that a native Capital Street MT5 dealing account is offered. The broker says orders, cancellations, stop changes and closures can be mirrored. Managed alternatives include MAM, PAMM and LAMM with allocation and performance-fee choices.[21]

A client can disconnect from a manager or remove the MT5 script. The public page does not say that this closes existing copied positions or pending orders, identifies who manages residual exposure, or specifies accrued exit fees. Stopping new copying and closing existing exposure therefore remain separate questions.[21]

API access requires a verified live account and requested keys/tokens. The broker advertises ACT REST/WebSocket and FXYFi access for order placement, market data and account monitoring, with a sandbox available on request. It does not publish granular trade-versus-withdrawal permissions, IP controls, token expiry or rate limits in the inspected overview. References to machine-learning strategies describe possible client automation, not delegated discretionary advice.[22]

The dated reporting guide directs clients to History/Reports in the platform or dashboard, select an account and date range, then generate a statement. It says PDF and CSV/Excel availability can vary by platform and account. Reports include trading and balance operations; the guide places backup responsibility on the client. Post-closure access and jurisdiction-specific tax certificates are not established.[23]

The 150% landing instructions require USD 1,000, conflicting with the detailed terms’ USD 100 threshold. Section 5.4 counts a standard lot using the higher of USD 100,000 notional or the product’s benchmark-market standard-lot notional. Partial withdrawals are prohibited before completion. Early cancellation or expiry with incomplete volume leaves the historical low balance/equity less the bonus under its formula; later recovery does not replace that historical low balance. Its worked example gives 18 lots for USD 150 ÷ 8, although the formula yields 18.75. The approved threshold and volume need clarification.[24]

The 900% terms define a qualifying lot on the same basis: the higher of USD 100,000 notional or the product’s benchmark-market standard-lot notional. They use the same historical-low mechanism and prohibit partial withdrawals while volume is incomplete. A USD 90,000 bonus requires 18,000 qualifying lots. They exclude scalping, hedging, EAs, algorithmic/HFT activity and other strategies described as abusive; violations may remove the bonus and affected profits, charge losses to deposits and close the account. These restrictions apply despite general API pages advertising automation.[25]

The regulations body names Capital Street FX Ltd, while the footer and legal disclosure name Intermarkets. No rename or migration notice resolved that discrepancy. The signed agreement must identify the provider to which licence claims apply.[17][18]