Capital.com Review 2022
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Capital.com is a global CFD broker that offers 5,600 markets to 500,000+ registered clients. The brokerage offers extensive educational materials and user-friendly risk management tools. In this review, we reveal our findings when using Capital.com. We look at the broker’s online trading app, investing fees, demo account, login security, and more. Find out the pros and cons of trading with Capital.com.
Last Updated: September 23 2022
The online brokerage was founded in 2016. The group has upwards of 70,000 active monthly traders and operates in over 180 countries. More than $46,000,000 is invested each month through the broker’s platform and app, while the firm processes over $17,000,000 in monthly withdrawals.
Capital.com enables clients to trade CFDs and other derivatives on forex pairs, commodities, stocks, and indices. The firm also uses artificial intelligence to help traders with ongoing education and decision-making.
Capital.com has separate entities which are individually regulated by the Cyprus Securities & Exchange Commission (CySEC), the Australian Securities & Investments Commission (ASIC), the Financial Services Authority (FSA) and the UK Financial Conduct Authority (FCA).
Costumer reviews on platforms like Wiki, YouTube, Reddit, LinkedIn, Trustpilot, Glassdoor, and many others highlight the simple login process and the low fees.
Capital.com offers an intuitive trading platform. When we used the terminal, it was obvious there has been a focus on user experience from the development team.
The platform offers over 75 technical indicators, several graphs and charts, plus sophisticated drawing tools. Clients also benefit from stop-loss and take-profit orders, while negative balance is integrated for all user accounts. In addition, personalized watchlists and interactive price alerts help traders keep abreast of market developments. Up to six markets/tabs can be setup and maintained simultaneously.
While using the Capital.com platform, our experts particularly liked the ‘Discover’ function. Simply select ‘Discover’ from the left hand menu when you open the platform and you will be taken to the terminal shown below. Here, you can view the assets with the most volume and volatility, plus the biggest risers and fallers. If you click on an asset, a live price chart will then automatically open so you can conduct more detailed analysis.
Moving from the web-based application to mobile is also seamless, offering an extensive level of technical analysis without overwhelming the screen space with too much unnecessary data.
This simple, clean interface is an excellent gateway into trading CFDs, although experienced investors may want access to more detailed figures, charts and analysis tools. The kind offered by MetaTrader 4 (MT4), for example, which is also available through Capital.com. MT4 boasts a wide range of technical indicators, charting options and support for automated trading through expert advisors (EAs).
The firm also allows users to integrate their accounts with TradingView and make the most of both investing environments.
Assets & Markets
There is a broad selection of markets and asset classes available at Capital.com:
- 45+ commodities
- 130+ forex pairs
- 5,500+ shares
- 25+ indices
Clients from the UK and Ireland can also make use of the spread betting service.
In addition, cryptocurrencies are offered to users outside of the UK. Customers can invest in Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC), among others.
Spreads & Commission
Capital.com offers some of the tightest spreads currently available in the market. For example, one of the most liquid currency pairs, EUR/USD, comes in at around 0.0007 pips. Crude oil spreads are 0.03, the UK100 0.9, and the US Tech 100 comes in at 1.5.
The broker charges no commissions or fees on deposits, withdrawals, real-time quotes, educational materials and charting tools. However, overnight fees apply.
The specifics of the fees/trade costs will depend on the market – full details can be found on the official site.
Capital.com is fully compliant with the ESMA’s leverage requirements for retail traders. Leveraged trading opportunities vary by asset class:
- 1:30 for major currency pairs
- 1:5 for individual equities
- 1:2 for cryptocurrencies (not available to UK clients)
- 1:20 for non-major currency pairs, gold and major indices
- 1:10 for commodities other than gold and non-major equity indices
These leverage rules are put in place to limit the risk a trader assumes – this is particularly important for new traders, as overextending your position without sufficient capital can be extremely risky.
Negative balance protection is also applied at Capital.com, so an investor cannot lose more than the amount they have in their account.
In addition, traders can apply for a professional account, but this requires proof of investing experience and sufficient capital. It should also be noted that professional clients may lose more than they deposit and they are generally not afforded the same level of regulatory protection.
Capital.com has both a web-based platform and an excellent mobile application (CFD trading app) with full functionality (developed for iOS and Android). The app is available to download directly from the App Store and Google Play. Users can scan the markets, create watchlists and enter buy and sell positions.
Capital.com has also developed a supplementary app called Investmate, which exists primarily as an educational platform. This is also available to download on both iOS and Android. Our experts found that this is a particularly good tool for beginners looking to get up to speed on popular day trading markets.
Various payment options exist at Capital.com. Clients are able to make a bank transfer, use either a credit or debit card, PayPal, Sofort, iDeal, Giropay, Multibanko, Przelewy24, Apple Pay, Trustly, 2c2p, and a long list of other popular e-wallets (the full list is available in the FAQ section of the official website).
Traders can open accounts in pounds (GBP), euros (EUR), zlotys (PLN) or US dollars (USD).
There is no commission charged for withdrawals or deposits.
The minimum deposit is set at $20 and the minimum trade at $1.
Capital.com Demo Account
A free demo account is available. On registering, users can make a choice of which platform to continue on. Clients get to test their investment strategy on a $10,000 virtual account that simulates the trading conditions of a live account before committing to spending any real money.
Head to the Capital.com to register for a demo account.
Bonuses & Promotions
Referral vouchers are provided for clients who wish to invite their friends. However, Capital.com does not have any clear deals or promotions running. Fortunately, this is an indication of the strength of the trading platform – there is no need to rely on introductory offers, which for several brokers tend to fall under the category of ‘gimmicks’ more than useful features.
Regulation & Licensing
Capital.com has group entities authorized and regulated locally by the UK Financial Conduct Authority (FCA), the Australian Securities & Investments Commission (ASIC), the Cyprus Securities & Exchange Commission (CySEC), and the Financial Services Authority of Seychelles (FSA).
The Capital.com entity regulated by the FCA (Capital.com UK) separates bank accounts for broker and client, according to CASS rules, adding an extra layer of security.
The corporation has also been featured in several reputable publications (such as The Guardian and City AM).
Overall, this is a platform that investors can trust.
Capital.com use artificial intelligence to help clients, offering tailored news feeds rather than a ‘one size fits all approach’, spotting biases emerging within patterns of trades, as well as a whole host of other educational tools such as the Investmate app.
They also offer in-depth webinars, and access to an economic calendar so traders can anticipate key market-moving events. In addition, the broker hosts its own TV channel.
Capital.com offers one retail account and a real stocks (Capital.com Invest) account. Both accounts have zero commissions. The retail account allows trading on all assets, except for region-specific restrictions such as cryptos that cannot be invested in from the UK, while the stock brokerage account only has stocks available.
Account variations are possible for professional (Capital.com Pro) and institutional investors (Capital.com Prime).
The user education angle is one of the key differentiators between Capital.com and its competitors.
Utilizing artificial intelligence for smarter, actionable insights means investors have the opportunity to learn from their mistakes. This feature meets an enormously important user need: up-to-date, relevant news relating to their positions.
The simplicity and functionality of the user interface is another attractive feature, as well as the lack of commission charged on trades. Clients also benefit from execution speeds of 0.022 seconds.
The initial deposit can be higher than rivals at $20 for retail clients using a card.
In addition, some traders may prefer simpler (or more traditional) brokerage services, without the extensive news feed or learning platforms.
Finally, the lack of welcome bonuses and sign-up offers may deter some budding investors.
Capital.com Trading Hours
The platform is available to use 24/7, although market opening times will differ depending on what asset class you are looking to trade.
You can find more information about relevant opening times on the website.
Capital.com are available 24 hours a day, 7 days a week on the phone, via an in-website chat window – logo located on the right-hand side, or through messenger. You can also email an inquiry using a web form.
So, there are several options available for users to get in touch with the support team. There is also an extensive FAQ section on the website covering many important points.
The full list of support details, including contact numbers, is available on the ‘Contact Us’ page of their website.
Capital.com is a reliable platform, with comprehensive levels of account and identity verification required to commence trading.
Their website processes personal data according to GDPR, which makes them compliant with the Data Protection rules.
Overall, Capital.com is an excellent choice for investors looking at using an online brokerage service. The company operates entities regulated by the FCA, CySEC, FSA and ASIC. The platform is easy to use and the mobile applications boast impressive functionality. For traders looking to educate themselves on financial markets, techniques and economic conditions, Capital.com is a great place to start.
USA, Canada, Japan, Turkey, Belgium, Pakistan, Iraq, Iran, DPRK, Mainland China, Palestine, Afghanistan, Syria, Somali, Botswana, Bahamas, Ethiopia, Ghana, Sri Lanka, Tunisia, Trinidad and Tobago, United States Minor Outlying Islands, Yemen, Portugal.
Alternatives to Capital.com
If you are looking for alternatives to Capital.com we have compiled a list of the top 5 brokers that are similar to Capital.com below. This list of brokers like Capital.com is in order of similarity and only includes companies that accept traders from your location.
- IG Group – IG-US offer spread betting, CFD and Forex trading across a range of markets. They are FCA regulated, boast a great trading app and have over 47 year track record of excellence.
- eToro – eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs. eToro USA LLC does not offer CFDs, only real crypto assets available.
- Forex.com – Forex.com boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer tight spreads on a cutting edge platform.
- LQDFX – LQDFX offers online trading with multiple STP accounts and MT4 analysis tools.
- OANDA – OANDA offers 70+ forex pairs with two competitive pricing models and a substantial welcome deposit bonus
Where Does Capital.com Have Offices?
The broker has a London office in addition to many other international locations like in Limassol, Gibraltar, Melbourne, Warsaw, Sofia, Vilnius, Kiev, Mahe, Singapore and Kuala Lumpur. However, the day trading firm does not have a presence in Belarus, Valencia, Panama or Canada. More information about the company’s locations can be found on Crunchbase.
What Is The Minimum Deposit Offered By Capital.com?
The minimum deposit is $20 and the minimum trade is $1.
Does Capital.com Take Any Fees?
Yes, the broker takes spread fees, however, there is no commission charged. Spreads are competitive versus alternatives.
Is Capital.com A Good Choice For Beginners?
Yes, the broker is one of the best for beginner traders because it offers comprehensive educational material like the Investmate app.
Does Capital.com Provide A Demo Account?
A demo account is available for users to test their investing strategies before committing real funds. The online account comes charged with $10,000 in virtual money.
|Capital.com offer CFDs on a range of markets with competitive spreads and zero commissions. The broker also offers the Investmate app, negative balance protection and leveraged trading.
80.61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Capital.com vs Other Brokers
Compare Capital.com with any other broker by selecting the other broker below.