You are correct. Most if not all are OOTB locked to 100, 120, 1, 10, 100kHz for some strange reason. Mine's different though, can be set to any freq range between 50Hz~100kHz with a 1Hz increment. So is the sinewave voltage and of course a bias (both with 1mV increment). It's a Victor4080 which is a rebrand of the East Tester ET430 if I'm not mistaken. Firmware was an easy hack to get all the features unlocked on that device (enables DCR, ECap, 1Hz & 1mV increment, etc etc) of which I'm not going to elaborate on here.
Supports all SPCI cmd so I have it hooked up to a UWP app via serial com running freq sweeps and all that fun stuff I shouldn't have to do; still completely clueless why vendors hides the fact that their ECaps are dumb resistors at low/medium frequencies and inductors at higher ones. Clever...
ps. Recommend. Had it checked by a friend side-by-side to a IM3523 last year, accurate to 0.5~1% surprisingly. Fascinating testing equip... one I rely on quite a lot in fact.