Capital.com Review |
|
📅 Year founded |
2016 |
📈 Multiple top-tier regulation |
Yes |
📍 Headquarters |
London, United Kingdom |
🌍 Country of regulation |
United Kingdom / Australia / Cyprus / Mauritius / Bahamas |
✅ Regulators |
FCA / ASIC / CySec / FSA / SCB |
📈 Execution Type |
Market Execution |
💰 Minimum Deposit |
$20 USD |
🛡️ Negative Balance Protection |
Yes |
📉 Trading Platforms |
MetaTrader4 / TradingView / Capital.com Web Trading Platform |
☪ Islamic account |
No |
📉 Trading Instruments |
Forex / Indices / Commodities / Shares / Cryptocurrencies |
📱 Mobile trading |
iOS / Android / Windows |
💳 Payment Types Accepted |
Debit and Credit Card / Bank Wire Transfer / ApplePay / SOFORT / SPEI |
🎮 Demo Account |
Yes |
ⓒ Copy Trading |
Yes |
🎁 Bonus Offer |
Rebates |
💰 Account Currencies |
USD / EUR / GBP |
📈 Minimum Trade |
0.01 Lots |
📈 Account Types |
ECN / STP |
📈 Margin Trading |
Yes |
📈 Trading fees |
Low |
📈 Inactivity fee |
After 12 consecutive months, 10 units of account base currency |
💰 Withdrawal fee |
None |
☎ Customer Support |
24/7 |
💰 Max. Leverage |
30:1 |
✔️ Hedging Allowed |
Yes |
✔️ Scalping Allowed |
Yes |
💰 Commission |
Zero |
💰 Spreads |
From 0.6 pips |
💰 Leverage |
Flexible |
💰 Currency Pairs (Total Forex pairs) |
112 |
🔢 Number of clients |
610 000 + |
🥇 Instruments Offered |
3 000 + |
📙 Education |
Learning Hub / Investmate App |
WHAT IS CAPITAL.COM?
Capital.com is a prominent online financial services provider that was founded in 2016 and based in London, United Kingdom. The broker is known for its commitment to providing innovative financial technology and access to a wide range of financial markets.
Regulation is a critical component of the trustworthiness and integrity of any broker and Capital.com excels in this area. It is regulated by several of the world’s leading financial authorities, ensuring a high standard of operational compliance and client security.
In the UK, it operates under the stringent oversight of the Financial Conduct Authority (FCA), known for its rigorous regulations and strict operational standards. In Australia, Capital.com is regulated by the Australian Securities and Investments Commission (ASIC), which is well-regarded for enforcing financial services laws and protecting consumer rights.
Additionally, the Cyprus Securities and Exchange Commission (CySEC) governs its operations within Cyprus and the EU, further enhancing its credibility and reliability.
Capital.com also holds licenses from the Financial Services Authority (FSA) in Seychelles and the Securities Commission of the Bahamas (SCB), allowing it to reach a global clientele while adhering to internationally recognised financial standards. These regulatory bodies ensure that Capital.com maintains the highest level of financial integrity and operational transparency, providing a secure and reliable trading environment for its users.
INTRODUCTION
Capital.com offers a dynamic platform that caters to diverse trading needs across the globe. Established in 2016 and based in London, this broker has carved out a significant niche in the crowded marketplace of online financial trading.
What sets Capital.com apart is its robust offering of financial instruments and its adoption of cutting-edge technology, aimed at enhancing the trading experience for all levels of investors.
Traders at Capital.com have access to a wide array of financial markets including forex, indices, commodities, shares and cryptocurrencies. This comprehensive range allows traders to diversify their portfolios and take advantage of various market conditions using a single platform.
Capital.com also stands out due to its choice of trading platforms including MetaTrader4 (MT4), TradingView and its own proprietary Capital.com Web Trading Platform.
With a focus on utilising advanced technological solutions, Capital.com offers an intuitive and powerful trading experience that caters to both beginners and experienced traders. This commitment to technology and user-friendly service is one of the many reasons Capital.com has grown to be a respected name in the financial trading industry worldwide.
PROS & CONS
PROS
- Variety of advanced trading platforms on offer.
- Wide range of trading instruments with over 3 000 instruments available.
- Competitive spreads and no commissions on trades.
- In-depth research and educational tools on offer.
- Well-regulated across multiple jurisdictions.
- Low minimum deposit of only $20 USD required.
CONS
- Low leverage of only 30:1 available.
- Limited account types available.
TRADING INSTRUMENTS
Capital.com prides itself on offering a broad and diverse range of trading instruments, enabling traders to engage with various markets from around the world. The selection includes major asset classes such as forex, indices, commodities, shares and cryptocurrencies.
Forex
Capital.com provides access to a vast array of currency pairs including major pairs, minors and exotics. Forex trading is favoured by many investors due to its massive liquidity, 24/5 trading hours and the extensive use of leverage.
Traders at Capital.com can benefit from tight spreads starting from 0.6 pips and access to over 112 currency pairs, one of the largest selections made available by any broker in the industry.
Indices
For those interested in broader market movements, Capital.com offers the ability to trade on global indices. This includes popular indices like the US S&P 500, the UK’s FTSE 100 and Germany’s DAX, among others.
The broker offers over 19 indices, ensuring traders have a wide array of trading options.
Commodities
Traders can also engage with a variety of commodities, which are fundamental for diversifying trading strategies and hedging against inflation or currency devaluation. Capital.com’s commodities is one of the most extensive offerings in the industry, with over 30 commodities available for trading including lesser known assets such as feeder cattle, live cattle and orange juice.
Shares
Capital.com offers a wide range of shares from global markets, allowing traders to buy and sell stocks of major companies in sectors such as technology, finance, healthcare and consumer goods. The broker offers access to shares from nearly 4 000 companies around the globe.
Cryptocurrencies
Recognising the growing demand for digital assets, Capital.com provides the ability to trade popular cryptocurrencies such as Bitcoin, Ethereum, Ripple and many more. Cryptocurrency trading has become increasingly popular due to its high volatility and market liquidity, providing significant opportunities for profit as well as risks.
Capital.com offers competitive spreads and robust security measures for trading cryptocurrencies, addressing the common concerns associated with digital asset investments. With over 140 cryptocurrencies available, traders are never short of options.
Overall, the range of trading instruments available at Capital.com is designed to meet the needs of modern traders who seek to capitalise on global financial markets through a reliable and regulated platform.
Whether you are looking to trade forex, delve into the stock market, speculate on commodity prices or explore the burgeoning field of cryptocurrencies, Capital.com offers a comprehensive and versatile trading environment.
TRADING PLATFORMS
Capital.com distinguishes itself in the competitive online trading industry by offering a diverse range of trading platforms, each designed to cater to different trading styles and preferences. The broker provides access to MetaTrader4 (MT4), TradingView and its proprietary Capital.com Web Trading Platform.
MetaTrader4 (MT4)
Renowned for its powerful analytical tools, MT4 is a favourite among experienced traders who require advanced charting capabilities, technical indicators and automated trading options. MT4’s robust environment supports custom indicator development and strategy back-testing, which is invaluable for developing and refining trading strategies.
The platform is known for its stability and reliability, offering everything traders need to monitor the markets on a sophisticated level. Its user-friendly interface allows for easy navigation, making it suitable for both new and experienced traders alike.
TradingView
As one of the most innovative web-based trading platforms, TradingView is known for its exceptional charting tools and social networking features. It allows traders to directly engage with a community of like-minded individuals to exchange ideas and strategies.
TradingView is integrated into Capital.com’s trading environment, providing traders with real-time data, a wide array of technical analysis tools and the ability to execute trades directly from charts. Its intuitive design makes it accessible for beginners, while its comprehensive tools satisfy the demands of the most experienced traders.
Capital.com Web Trading Platform
Capital.com’s proprietary platform is crafted to enhance the trading experience through a clean, intuitive interface that simplifies the trading process. It offers a range of professional trading features such as advanced charting tools, risk management options and real-time market updates.
The platform is designed to be highly responsive, ensuring that traders can manage their investments efficiently across multiple devices including desktops and mobiles. This platform is particularly attractive for those who prefer a seamless and integrated trading experience without the need to download or install software.
Each of these platforms comes with its own unique set of features, but all are unified by their user-centric design and sophisticated technology. Whether traders choose MT4 for its powerful trading systems, TradingView for its community-driven insights or the proprietary Capital.com platform for its sleek design and ease of use, they will find a robust tool suited to their market approach.
ACCOUNT TYPES
Primarily, Capital.com offers two broad categories of accounts: Retail Accounts and Professional Accounts. Each type is structured to provide specific features and benefits that align with the trader’s expertise and trading objectives.
Retail Account
Retail Accounts are designed for individual traders who are looking to enter the financial markets. These accounts are ideal for beginners and those with moderate experience who do not meet the criteria for professional status.
Capital.com’s Retail Account offers traders access to all the mentioned trading instruments while providing the safety of negative balance protection, ensuring traders will never lose more money than they have deposited. Additionally, the Retail Account is easily accessible to all traders, with a minimum deposit requirement of only $20 USD.
The only drawback on the Retail Account is the low leverage of 30:1 due to regulatory restraints imposed on the broker.
This account type does not charge any commissions, while spreads are low and start from 0.6 pips on major forex pairs.
Professional Account
Professional Accounts are tailored for experienced traders who meet certain requirements listed on the broker’s website. These requirements are as follows:
- Minimum of 10 trades per quarter for the past 4 quarters in CFDs, spread betting or forex.
- An investment portfolio exceeding 500 000 Euros.
- The trader must have worked in the financial sector for at least one year, giving them experience in CFD trading.
The Professional Account has a wide range of additional benefits including access to higher leverage, cash rebates, lower margins and access to premium hospitality events amongst others.
While Capital.com could certainly provide more account types to suit the needs of different traders, the Retail Account does offer a wide range of benefits for all traders and would be largely suitable for most needs and trading strategies.
HOW TO OPEN AN ACCOUNT
Opening an account with Capital.com is straightforward and designed to be efficient for the broker’s clients. Traders are first required to sign up via the broker’s website, before selecting which account type they would like to utilise (in most cases this would be the Retail Account unless traders qualify for the Professional Account).
Traders are then required to upload their supporting documents as required by the KYC protocol, before selecting their preferred trading platform and depositing funds. Once all this is done, traders may begin trading.
DEMO ACCOUNT
Capital.com offers a free demo account that mirrors the live trading environment offered by the broker. This account is an excellent way for new traders to practice trading strategies and familiarise themselves with the platform without any financial risk.
The demo account is available on any of the broker’s offered platforms, ensuring traders experience the trading environment on the platform they wish to utilise, before committing their live funds to trading.
SOCIAL TRADING AND COPY TRADING
While Capital.com does not currently offer native social or copy trading services, it integrates with external platforms where traders can follow and copy the trades of experienced investors, facilitating a social trading experience.
However, the broker does not limit the use of copy trading services, meaning traders are able to access Expert Advisors (EAs) on the MT4 platform and implement the various copy trading services available on the platform, on their live accounts.
COMMISSIONS AND FEES
Capital.com stands out for its no commission policy on trades. Instead, the broker earns from the spreads they provide, which are highly competitive compared to the rest of the industry.
The broker does charge fees on overnight positions, known as swap fees, which are easily available on their website, ensuring transparency and reliability. Additionally, the broker does charge an inactivity fee on accounts that have been inactive for 12 consecutive months, limited to 10 units of the account base currency.
LEVERAGE
Leverage varies by asset class and the trader’s jurisdiction due to regulatory constraints. Traders who are subject to the jurisdiction of the FCA are only able to access leverage of up to 30:1 on forex pairs and 100:1 on indices.
Once traders qualify for the Professional Account, different rules regarding leverage applies. More information on this can be requested from the broker.
WITHDRAWALS AND DEPOSITS
Capital.com offers several methods for deposits and withdrawals including bank transfers, credit and debit cards, ApplePay, SOFORT and SPEI. While the broker does not charge any fees for deposits and withdrawals, they do state that fees may be charged by third-party financial service providers, depending on the transaction method used.
CUSTOMER SERVICE
The customer service at Capital.com is highly rated, available 24/7 through various sources such as e-mail, Messenger, Viber, Telegram, WhatsApp and the live chat feature. The broker’s team is able to assist traders in over 10 languages, ensuring that traders from all regions can be assisted.
The customer service offered by Capital.com has received multiple positive reviews and is certainly one of the most extensive, high-quality customer service offerings in the industry today.
SAFETY AND SECURITY
Safety and security are a paramount concern when selecting a broker as these factors directly influence the protection of investments and the integrity of trading activities. Capital.com is highly regarded for its commitment to maintaining a secure trading environment, underscored by its compliance with several international regulatory bodies.
The broker is regulated by multiple regulatory bodies such as the FCA in the UK, ASIC in Australia, CySec in Cyprus, the FSA in Seychelles and the SCB in the Bahamas.
The broker’s regulation by the FCA ensures that they comply with the Financial Services Compensation Scheme (FSCS), ensuring their clients’ deposits are protected up to the value of 85 000 GBP in the event of the broker’s insolvency.
Additionally, regulation by CySEC ensures that Capital.com adheres to EU financial regulations, including the Markets in Financial Instruments Directive (MiFID II). This directive aims to improve financial market transparency and protect investors.
Oversight by these regulatory bodies also require the broker to implement segregated client funds, meaning that client fund are held in a separate bank account to the broker’s, ensuring a further layer of protection regarding client funds.
Capital.com employs advanced security measures to safeguard trader data and financial transactions. These include state-of-the-art encryption technologies, secure servers and rigorous data protection protocols that comply with international standards.
In addition to regulatory compliance, Capital.com is committed to upholding fair trading practices. This includes providing transparent pricing, no hidden fees and ensuring fast and reliable trade execution.
The combination of strict regulatory oversight, advanced security measures and a commitment to transparency and fairness makes Capital.com a secure and trustworthy platform for online trading. Traders can feel confident in the safety of their investments and the integrity of their trading activities when working with Capital.com.
PROMOTIONS
Capital.com does not offer any promotions in the form of deposit bonuses or referral fees, however, the broker does offer cash rebates to active traders. This ensures that active traders are rewarded for placing many trades and is especially relevant to traders utilising the Professional Account.
Further information on the cash rebates offered to traders can be found on the broker’s website.
RESEARCH
The broker provides comprehensive market research tools including economic calendars, market analysis, data journalism and TradingView news, ensuring traders are always up to date and have access to a range of data informing the trading decisions.
Additionally, the broker’s provision of the MT4 platform ensures that traders are able to access a wide range of research tools provided by the platform.
EDUCATION
Capital.com places a strong emphasis on education with a vast array of educational resources. This includes in-depth features such as their market guides, trading strategies guides and the Learning Hub.
The Learning Hub includes the offering of a trading education app, the Investmate App, which allows traders to access a further range of educational tools from the comfort of their mobile devices.
This range of educational tools offered by Capital.com is comprehensive and highlights the broker’s commitment to the success of their clients.
GLOBAL AWARDS
Over the years, Capital.com has received numerous awards recognising its technological innovations, customer services and advanced trading environment.
Some of their most recent awards include the following:
- Best in Class: Commissions and Fees (2024) – ForexBrokers.com.
- Best in Class: Ease of Use (2024) – ForexBrokers.com.
- Best in Class: Crypto Trading (2024) – ForexBrokers.com.
- Best in Class: Education (2024) – ForexBrokers.com.
- Best Trading App (2023) – Good Money Guide.
- Best CFD Provider (2023) – Online Money Awards.
- Fastest Growing Broker (2023) – ForexBrokers.com.
- Best Platform for New Investors (2022) – Investors’ Chronicle Investment Awards.
These are just some of the broker’s most recent awards, with the broker winning a total of at least 12 awards in the past 3 years alone, highlighting the world class service offered by the broker.
SAFE OR SCAM?
Capital.com stands out as a reputable and reliable broker due to the various safety features implemented by the broker. Their regulation by multiple regulatory bodies such as the FCA, ASIC, CySec, FSA and the SCB highlight the broker’s commitment to providing a safe trading environment.
Additionally the implementation of negative balance protection and segregated client funds ensures that the protection of their trader’s funds are at the forefront of the broker’s offering.
Capital.com utilises advanced security technologies to protect client data and financial transactions. These include state-of-the-art encryption, secure server infrastructure and rigorous compliance with international data protection laws.
Due to the above, Capital.com demonstrates all the hallmarks of a safe and legitimate broker. It operates with a high level of integrity and transparency, backed by regulatory oversight and protective measures that secure the interests of its clients, making it a trustworthy choice for traders looking for a reliable online trading platform.
CONCLUSION
Capital.com is a reliable and innovative trading platform suitable for traders of all levels. With its comprehensive range of services, robust security measures and commitment to client education and support, it stands out as a leading choice in the online trading community.
The broker further stands out for its low spreads and minimal fees charged to its clients, while still offering a vast range of trading instruments.
Whether you are a beginner or a seasoned trader, Capital.com offers a dynamic trading environment designed to foster success in the financial markets.
After conducting the above review, the team at Brokersuggest.com highly recommends Capital.com as one of the best brokers in the industry, where any trader would have high chances of achieving trading success.