Capital.com Review 2024
Website: www.capital.com
Min. Deposit: US$ 20
Leverage: 1:30
Trading Platforms: MT4, Capital.com WebTrader and Mobile App
Regulation: CySEC, FCA, ASIC, NBRB
Headquarters: Cyprus, UK, Belarus, Gibraltar
Founded: 2016
Regulatory Licenses:
- Capital Com (UK) Limited - authorized by FCA (UK) registration no. 793714
- Capital Com Australia Limited - authorized by ASIC (Australia) registration no. 513393
- Capital Com SV Investments Limited - authorized by CySEC (Cyprus) registration no. 319/17
- Capital Com Stock and CFD Investing Ltd — authorized by FSA (Seychelles) registration no. SD101
- Capital Com Online Investments Ltd — authorized by SCB (the Bahamas) registration no. SIA-F245
Updated on March 13, 2024
Quick Links
In our evaluation process, we meticulously analyze and cross-reference information from a variety of sources. Our comprehensive review methodology includes practical account use, platform testing, and comparison against a rigorous set of standards. This ensures our reviews are balanced and provide a genuine insight into the broker's offerings. Our comparison spans over 1000 brokers, positioning our recommendations in a broader context of the forex and CFD trading industry.
Established in 2016, Capital.com stands as a leading global brokerage firm specializing in CFDs and Forex. With offices located in the UK, Melbourne, Cyprus, and Belarus, the broker has expanded its reach to cater to over 788,000 traders worldwide. Capital.com is renowned for its user-friendly, award-winning CFD trading platform, offering access to over 4,000 markets including popular indices, commodities, cryptocurrencies, shares, and currency pairs with competitive spreads, zero commission, and no hidden costs.
Based on our comprehensive research, Capital.com shines as a highly regulated broker, boasting top tier licenses from CySEC, ASIC, and FCA. The broker ensures trading safety and provides a wide range of instruments for CFD and Forex trading. Noteworthy is its provision of the popular MT4 platform, a seamless account opening process, and relatively low spreads. An added benefit is the low minimum deposit requirement, making it an ideal choice for novice traders.
Pros
High regulatory standards with multiple toptier licenses
Wide range of trading instruments
Low minimum deposit, suitable for beginners
Cons
Limited to CFDs and real stocks, excluding Australian traders for real stock trading
MT4 platform not available for Australian traders
Limited educational and research resources
Is Capital.com Safe or a Scam? ▲
Capital.com is not a scam; it is a safe and regulated broker, endorsed by reputable regulatory bodies such as the FCA and CySEC. Trading on margin comes with high risks; however, Capital.com's regulatory framework and compliance with MiFID guidelines ensure a secure trading environment. Their licenses from regulatory bodies like ASIC further reinforce their legitimacy and dedication to trader safety.
Upon thorough evaluation, Capital.com is deemed a highly reliable and efficient broker, offering a broad spectrum of instruments with competitive conditions. With a minimum deposit lower than the industry average, it stands as an attractive option for beginners. Capital.com's overall ranking is 4.4 out of 5, reflecting its excellence in compliance, safety, and trading conditions, amidst a comparison with over 1000 brokers.
Capital.com assures the safety of retail client funds by segregating them from the company's finances, stored securely at leading banks. The broker adheres to strict protection procedures, ensuring trading accounts and management practices offer peace of mind to traders. Deposits are safeguarded by the Investor Compensation Fund or the Financial Services Compensation Scheme in the UK, depending on regulatory provisions. Furthermore, Capital.com incorporates negative balance protection and margin closeouts to prevent traders from losing more money than their initial deposit.
Does Capital.com Work in USA? ▲
Capital.com does not accept clients from the USA due to regulatory restrictions. To operate legally in the US, a broker must be authorized by the Commodity Futures Trading Commission (CFTC), a requirement that Capital.com currently does not meet.
Leverage can significantly amplify both potential gains and losses. Regulatory bodies have imposed strict leverage limits for retail traders to mitigate risk. As a Cyprus and EU-regulated firm, Capital.com adheres to ESMA restrictions, offering lower leverage levels. Retail traders can access leverage up to 1:30 for major currency pairs, 1:10 for commodities, and 1:20 for non-major currency pairs, gold, and major indices. Professional traders, once verified, may utilize higher leverage levels up to 1:500.
Our in-depth research reveals that Capital.com provides a choice of three distinct account types: Standard, Plus, and Premier, each offering varying levels of services and features tailored to different trader needs. Additionally, Capital.com encourages new traders to familiarize themselves with trading dynamics by offering a demo account option. This practice account aims to help users develop trading strategies and understand market risks without financial commitment. The platform emphasizes the importance of education and risk management, suggesting traders use the demo account alongside their learning tools before transitioning to live trading.
How to use Capital.com?
To start trading with Capital.com, the initial step involves account registration, requiring personal information. Following this, you have the option to select between a demo or a live account. A live account necessitates funding and verification before trading activities can commence. This process is designed to be straightforward, enabling traders to quickly embark on their trading journey.
Capital.com stands out for its transparent and minimal fee structure, primarily earning from spread charges. Our comprehensive analysis, comparing this broker against over 1000 others, awards Capital.com a fee rating of 4.3 out of 5. This competitive fee rating highlights the broker's commitment to affordability and transparency in its pricing policies. For detailed insights into the fee structure, it's advisable to consult the fee schedule provided by Capital.com.
Capital.com's competitive edge is further solidified by its tight spread offerings, with the EUR/USD pair boasting spreads as low as 0.6 pips. Our evaluation places Capital.com's spreads at a high score of 4.4 out of 5, evidencing the broker's position as a market leader in providing cost-effective trading conditions across various instruments.
Pros
Competitive spreads
Transparent fee structure
Cons
Charges an overnight fee
Overnight fee
An essential consideration for traders at Capital.com is the overnight fee, calculated based on leverage for certain instruments like Cryptocurrencies, Shares, and Thematic Investments, and on the total value of the position for Indices, Commodities, and FX. This fee reflects the cost of holding positions open overnight and varies by instrument.
Deposits and Withdrawals
Capital.com facilitates a diverse range of payment options, ensuring flexibility in funding methods. Our evaluation of the broker's funding conditions results in a score of 4.0 out of 5, highlighting the accessible minimum deposit requirements and generally low or non-existent deposit fees. This makes Capital.com an attractive option, particularly for novice traders.
Pros
Low minimum deposit
Wide range of payment methods
Cons
Wire transfer has higher minimum deposit requirement
Deposit Options
Capital.com supports multiple currencies for account funding, including GBP, EUR, USD, and PLN. The platform accommodates a variety of deposit methods such as debit/credit cards, bank wire transfer, and several electronic payment systems, ensuring convenience and accessibility for traders globally.
Capital.com Minimum deposit
The broker sets a notably low entry threshold with a minimum deposit of 20 EUR/USD/GBP or 100 PLN for most payment methods, contrasting sharply with the industry standard of $500. This approach democratizes access to forex markets, making it feasible for a broader audience to engage in trading.
Withdrawals
Withdrawal processes at Capital.com are streamlined to return funds via the original payment method used for depositing. The broker commits to processing withdrawal requests within 24 hours, though the actual fund transfer may take up to 5-7 business days, depending on the payment method.
How to withdraw from Capital.com?
Withdrawing funds is a straightforward procedure at Capital.com. Traders simply select their preferred withdrawal method, specify the amount, and confirm the transaction. The broker ensures efficient processing, aiming for a seamless withdrawal experience for its users.
Capital.com offers a vast selection of trading instruments, including CFDs on stocks, commodities, indices, currency pairs, and cryptocurrencies, along with real stock trading options. The broker's offerings cater to a wide range of trading preferences and strategies. However, it's important to note the regulatory restrictions affecting crypto trading for UK clients and real stock trading for Australian clients.
Pros
Wide range of trading instruments
Low spreads for cryptocurrency trading
Cons
Crypto trading not available for UK clients
No real stock trading for Australian clients
How to trade crypto on Capital.com?
For non-UK traders, Capital.com enables cryptocurrency trading on a CFD basis, featuring low spreads. The platform supports a diverse portfolio of cryptocurrencies against various fiat currencies. Traders are required to fund their accounts and can then select from the available crypto assets to start trading.
Capital.com offers a diverse selection of trading platforms, including its own proprietary web-based platform, the renowned MetaTrader 4 (MT4), and mobile applications for both iOS and Android devices. It is noteworthy that the MT4 platform is not accessible to clients in Australia. The platforms provided by Capital.com are evaluated at 7.9 out of 10. While the availability of the industry-leading MT4 platform is a significant advantage, its unavailability to Australian clients is a drawback. The broker's own platform impresses with its advanced technology, supporting a wide range of tools.
Web Trading
The broker's award-winning online trading platform caters to forward-thinking traders seeking an unparalleled trading experience. This platform offers access to over 75 technical indicators, various chart types, and an array of drawing tools. It enables traders to manage risks effectively with stop-loss orders, capitalize on price surges with take-profit orders, and trade with confidence thanks to negative balance protection.
MetaTrader4
In addition to its proprietary platform, Capital.com also offers the MT4 platform. This platform enhances the trading experience with real-time charts, live quotes, comprehensive analytics, and a suite of order management tools, indicators, and Expert Advisors. The MT4 platform is user-friendly, easy to navigate, and packed with professional-grade features.
Mobile Trading Platform
Capital.com's mobile trading applications for iOS and Android devices are designed to provide traders with an exceptional trading experience on the move. The Capital.com trading app features an AI-powered trading bias detection system, highlighting cognitive biases that may hinder profitable trading decisions. The app is free, easy to use, supports the MT4 platform, and allows traders to customize their mobile trading experience, access account status, request withdrawals, and view fee reports.
Capital.com stands out for its exceptional customer support, providing multilingual support (covering 24 languages worldwide) through live chat, phone, or email 24/7. The broker's commitment to providing sustainable and professional customer service is reflected in its customer support ranking of 10 out of 10. The prompt and relevant responses we received during our testing underscore the broker's dedication to outstanding customer support.
Capital.com enriches its clients with a variety of educational resources, including Trading Courses, educational articles, courses, glossaries, and trading guides. Additionally, the broker offers access to Capital.com TV, webinars, fundamental news, and technical analyses. With an overall education rating of 7.6 out of 10, the educational content provided is of good quality. However, there is room for greater diversity in the educational offerings.
Our trading experience with Capital.com has been highly positive. As a global brokerage firm, Capital.com excels in providing a customer-oriented operation within a secure and well-regulated trading environment, catering to a broad spectrum of trading needs. The broker's services and products are customized to meet specific requirements, offering a wide selection of accounts, platforms, tools, and instruments. Capital.com is suitable for traders of all levels, from beginners to professionals, with competitive spreads, low fees, and minimal deposit requirements. The broker supports a wide array of liquid markets across its user-friendly platforms and is recommended for a variety of trading activities, including cryptocurrency trading, stock trading, MT4 trading, and more, making it adaptable to various trading strategies.
