ANAX CAPITAL

ANAX Capital is regulated by the UAE Capital Market Authority (CMA) under license number 20200000258, with a regulatory status of 'Regulated'. It holds a moderate overall score of 5.54 out of 10 on WikiFX, with a regulatory index of 4.84 and a risk control index of 7.01. While regulation provides a degree of oversight, trading always carries financial risk, and safety and reliability depend on individual experience and market conditions.

Yes, ANAX Capital is regulated by the Capital Market Authority (CMA) of the United Arab Emirates, holding a Forex Trading License (EP) with number 20200000258. The license status is listed as 'Regulated'.

The minimum deposit requirement for ANAX Capital is $100, which corresponds to the entry condition for the Prime account. Other accounts require higher deposits: Pro ($1,000) and Elite ($10,000).

ANAX Capital supports MetaTrader 5 (MT5) with a full license. It does not support MT4.

Pros: Regulated by the UAE CMA; offers multiple account types (Prime, Pro, Elite) with competitive spreads starting from 0.8; supports scalping, Expert Advisors, and position locking; provides MT5 trading platform. Cons: Relatively new broker (operating 1-2 years); high leverage up to 1:400 can amplify losses; no Islamic account option; minimum deposit of $100 may be high for some; overall WikiFX score is moderate at 5.54.

There are no user complaints recorded against ANAX Capital on WikiFX. However, the absence of complaints does not guarantee future issues; traders should conduct their own due diligence.

ANAX Capital is registered in the United Arab Emirates and states its business scope as 'Global Business'. Specific availability for US residents is not publicly specified. US traders should verify directly with the broker and consider local regulatory restrictions.

ANAX Capital offers a Prime account with a low $100 minimum deposit and supports MT5, which can be beginner-friendly. However, the broker has a short operational history (1-2 years) and provides high leverage up to 1:400, which carries significant risk. Beginners should ensure they understand forex trading risks and consider starting with lower leverage.

ANAX Capital offers three account types: 1) Elite – minimum deposit $10,000, spread from 0.8, maximum leverage 1:200; 2) Pro – minimum deposit $1,000, spread from 1, maximum leverage 1:400; 3) Prime – minimum deposit $100, spread from 1.2, maximum leverage 1:400. All accounts support scalping, Expert Advisors, and position locking. None offer Islamic account options.

ANAX Capital offers leverage up to 1:200 on the Elite account and up to 1:400 on Pro and Prime accounts. Leverage of 1:400 is considered high, as it magnifies both potential profits and losses. Traders should use risk management tools and be aware that high leverage can lead to significant losses, especially in volatile markets.

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.

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.