Capital com Review 2023 Our in-depth analysis

is capital.com a good broker

We would say that there is a clear consistency in the broker’s statements and all of the information on the website is definitely accurate. Besides the Metatrader, another popular trading software is available, which is TradingView. TradingView is relatively newer than MT4, but it offers an interactive interface that is preferred and used by many traders around the world. The Financial Conduct Authority of the UK does not allow cryptocurrency trading, and since Capital.com is a trusted broker by the FCA, traders from the UK will not see this option on their website. There are no trading signals on the platform or app, but you do get access to Refinitiv reports on US stocks, which give you a good overview of historic and potential future financial health. A good feature for those looking at slightly longer-term positions.

  • Capital.com also own currency.com if you fancy a punt on crypto, and shares.com so we can expect to see more comprehensive physical investing options soon.
  • Then, you will receive a verification email, once you do that, you can proceed to the next steps that include inserting your personal information such as full name, telephone number, and country of residence.
  • They have also significantly boosted their UK management team by making a series of high-level executive hires.
  • Only money from accounts in your name can be deposited and withdrawn.

Capital.com is currently able to service users in over 170 countries across the globe. For the purposes of this review, we found customer support responsive, polite, and very helpful. They were able to answer most of our questions to our satisfaction. We suggest you read Capital.com’s risk disclosure, customer agreement, and terms of business before you start trading.

It is easy to find your profit-loss balance and the commissions you paid. Right click on one position, then choose ‘Save as Detailed Report’. However, the platform feels outdated and some features are hard to find. For example, it took quite some time until we figured out how to add an asset to the watchlist. To read much more details about the broker’s services and features, expand on the sections below. Still, Capital.com is far from being an all-round broker, as popular asset classes such as real stocks and options are not available.

By any comparison, this is an impressive range of assets that would likely satisfy the requirements of most traders. The platform distinguishes itself through its high-quality investment research, educational materials, and intuitive design making it a brilliant choice for both new and experienced traders. Founded in London, UK, in 2016, Capital.com’s low costs, huge range of instruments, and user-friendly trading platform have quickly made them one of the most popular Forex brokers around.

At Capital.com, the minimum deposit amount is $20, which is mandatory for you to start trading. Clients can convert their live trading account into an Islamic account or apply for a standalone account with a separate application procedure. Experienced traders who intend to try out their trading strategies in a live environment can also benefit from this. In layman’s terms, beginner-level traders should try to opt for Retail type accounts, especially the Standard (retail) Account. This is a popular account type at Capital.com and it has a minimum deposit requirement of $3,000.

Features of Capital.com

However, this limitation is actually a good sign, because it means that the broker is strictly following these rules. We will explain what these limitations are further through this review. The spread offered is variable, and the tightest it could get is for trading Forex currencies. However, there are more than 6,200 financial instruments that can be traded, and the spread changes accordingly.

  • Although there is no account choice at Capital.com, its trading fees are lower than other similar brokers.
  • Being well aware of this, capital.com has spared no expense when it comes to the education of its users.
  • It is important to note that the percentage of customers that lose money with this broker is 78.91%, which is relatively higher than the figure for most brokers.
  • Overall, Capital.com’s educational resources are quite extensive and can be helpful for traders of all levels.
  • I’ve had contact with their support two times and both times were quickly resolved by competent employees (in other words, no robotic copy-paste corporate crap that is wasting everyone’s time).

We were also able to effortlessly toggle in and out of up to six tabs while keeping an eye on all charts and instruments in the trading arsenal. Another benefit of the platform is that it provides traders with smart risk management tools allowing traders to control their risk with various stop loss and take profit tools. Looking at their order execution will help you see how the process works. According to their execution policy, the forex broker operates a hybrid execution model.

The minimum deposit is $20 but if traders wish to use deposit options like a bank wire, the minimum deposit required is $250. The following fiat currencies are also allowed on the platform- GBP (£), USD ($), EUR (€), or PLN (zł). There are no deposit fees charged by the broker as there are also no withdrawal fees charged. For bank transfer the minimum deposit is $250.It’s packed with multi-chart modes and useful technical indicators. Capital.com offers its users ample spread bets and CFDs opportunities with zero fees commissions and tight spreads. All the providers would have a certain period of retail investor accounts that lose money when trading CFDs with their company.

Capital.com Video Review

It is known to be one of the best brokers in the market, though even the best brokers have some major flows that you should be very attentive with. Capital.com offers different types of accounts based on the client’s level of knowledge and needs. All the clients of Capital.com are offered negative balance protection. Depending on the country, you may get access to trade with real stocks and real ETFs with no commissions. This is mostly for the clients of Capital.com who are from Europe and the UK. Let us see some brief details on commissions and spreads for different assets.

is capital.com a good broker

Capital.com is a multinational CFD broker, which also offers commission-free stock trades in some countries. Depending on the exact account type and withdrawal method, the limits may change. For comprehensive details on withdrawal limitations, it is preferable to visit the official Capital.com review, call their customer care, or send an email. It can be a good choice for traders looking for a reputable broker with competitive trading conditions.

Capital.com also offers a unique security feature called Negative Balance Protection, which protects you when the positions in your account drop in value. Negative Balance Protection ensures you can never lose more money than what you’ve deposited into your account. This means Capital.com receives a 0/10 score, similar to many other trading platforms. Let’s take an overall look at how Capital.com compares to its peers when it comes to platforms, fees, account opening and education tools. There are trading statistics on Capital.com’s trading platform, such as the most traded or most volatile assets. Capital.com does not have an in-house desktop trading platform; it uses MetaTrader 4.

How do you trade on Capital.com?

Along with all these benefits, the platform also exempts clients to pay tax from capital gains, and thus customers have a cost-effective way to earn a profit. However, spread bets are only available for individuals residing in Ireland or the UK. USD EUR fees are build into the spread, 0.6 pips is the average spread cosy during peak trading hours. It is a highly secured platform regulated by FCA and CySec that makes the broker more reliable and trustworthy. This is quite a riskier investment that can only be used by professional traders.

The broker allows its clients to change the size of leverage, which is great. Changing leverage is a useful feature when you want to lower the risk of your trade. Despite the fact that there is a lot of information available regarding the market, it still doe snot mean that the newcomers will understand the market and will be happy to start trading with Capital.com. Even if you have not thought about it yet, as you have just decided to trade online, we will help you in choosing a proper broker, who will be a guiding light through your journey.

is capital.com a good broker

Whether you are a beginner or an experienced trader, the mobile app offers flexibility and convenience, allowing you to stay connected to the markets at all times. It offers an extensive selection of assets, including stocks, indices, commodities, cryptocurrencies, and more. This diversity https://limefx.group/ provides traders with ample opportunities to diversify their portfolios. The intuitive and easy-to-navigate platform makes it suitable for beginners. Capital.com offers a clean interface, educational resources, and advanced charting tools to aid traders in their decision-making process.

The Trustpilot Experience

Accounts lose money by most of the investors due to lack of knowledge. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The majority of retail investor accounts lose money when trading CFDs. We found that Capital.com allows you to choose limefx broker reviews from 3 account types, which are Standard, Plus, and Premier. These accounts differ in services and additional functions available for the traders. Also, Capital.com allows you to either open a demo account and test trading strategies or to open a live account to enter forex markets.

Free educational videos and deep market analysis

It is important to note that the percentage of customers that lose money with this broker is 78.91%, which is relatively higher than the figure for most brokers. CFDs are complex instruments and come with a high risk of losingmoney rapidly due to leverage. 84% of retail investor accounts losemoney when trading CFDs with this provider. You should considerwhether you understand how CFDs work and whether you can affordto take the high risk of losing your money. You can deposit funds into your Capital.com trading account by bank transfer, credit/debit card, or alternative methods such as Apple Pay or PayPal. Just go to ‘Fund my account’ inside the client area or in the mobile app and choose your preferred method.

Hi, we are truly grateful for your review and for sharing your experience with us and the community. We devote all our effort to improve our app and it’s great that the trading experience we create works for you! A dealing-desk platform with severe slippage makes my account balance negative. The trading view is quite easy and offers a registration form at the top of the page. Where you need to fill all the details along with registration number.