Capital Index Review 2024


2.5 / 5
Capital Index is #108 in our CFD broker rankings.

Capital Index is a spread betting, FX & CFD provider offering reasonable trading fees.

$100
MT4
Forex, CFDs, spread betting
$50 welcome bonus
USD, EUR, GBP
Visa

Forex Trading

Buy and sell over 50 forex pairs

Stock Trading

Trade on 10+ large stock indices, including the FTSE.

CFD Trading

Trade CFDs on the markets with high leverage

Spread Betting

Trade with leveraged spread betting products at Capital Index.

Capital Index is a global broker that offers trading on forex, CFDs and spread betting. We look at user reviews to uncover the main aspects of trading with Capital Index, including login and withdrawal, leverage rates and demo accounts.

Capital Index Headlines

Capital Index was established in 2014 and has expanded into an international brokerage firm. The brand is made up of three entities:

This broker serves clients from multiple countries and has offices in London, Sydney, and Nassau in the Bahamas.

Trading Platforms

MetaTrader 4

All branches of Capital Index including the UK and Global use the MetaTrader 4 (MT4) trading platform. Once traders have opened an account they can access the MT4 portal with their login credentials. The software provides a user-friendly interface to execute trades and the terminal is industry-leading.

The downloadable MT4 platform for Windows and Mac comes equipped with ample features to help traders make informed decisions:

Capital Index MT4
Capital Index MT4

WebTrader

Traders can also access the markets through WebTrader, the desktop version of MT4 that includes all the functionality of the original program but with the convenience of trading through any browser on any device.

Products

Capital Index offers a range of assets for trading:

Capital Index has a good rating in our review for its spread betting products in addition to the forex and CFD instruments found at most brokers. To improve further, we’d like to see trading in shares and cryptocurrencies.

Trading Costs

At Capital Index, spreads vary by account. EURUSD rates range from 1 pip with the Pro account to 1.4 with the Advanced option. Competitive spreads from 1.4 pips are also available with the copy trading solution. For the tightest spreads of just 0.4 pips, you need an invitation to open a Black account and will need to meet larger deposit and volume requirements, detailed further below.

The broker also charges a standard overnight swap fee plus a monthly inactivity payment of £15 following six months of inactivity.

Leveraged Trading Review

Capital Index offers leveraged trading options, which vary depending on where you’re trading from:

Mobile App

Capital Index has MT4 integration, and clients can download the mobile app from Apple and Android app stores. The app incorporates the key aspects of the platform such as one-click trading and also includes chat functionality and notifications so clients can stay on top of the markets.

Capital Index MT4 mobile
Capital Index MT4 mobile

Deposits & Withdrawals

Capital Index offers the following minimum deposits:

From the client portal, traders can fund their account using prepaid debit or credit cards. Capital Index charges £15 if clients request a same-day service but otherwise there is no fee. Withdrawals are limited to two per day, and additional identity verification may be required.

Demo Account

Prospective clients can sign up for a demo account to learn how to trade the financial markets and use the MT4 platform. To try forex or CFD trading and to test out execution times, customer support and copy trading, the practice account is a good place to start.

Note, the demo account will time out after an extended period of inactivity.

Bonuses

Capital Index Global currently advertises three promotions to new traders:

Regulation Review

Capital Index appears to be a safe and trustworthy broker. All branches are regulated by financial authorities: Capital Index UK is authorised by the Financial Conduct Authority (FCA); Forex CFDs is authorised by the Australian Securities and Investment Commission (ASIC), and Capital Index Global is authorised by the Securities Commission of the Bahamas (SCB).

All entities segregate client funds from business capital for safeguarding purposes. The UK branch also offers negative balance protection, so traders cannot lose more than their initial deposit, and is signed up to the Financial Services Compensation Scheme to the tune of £85,000 per client. Note, professional clients do not receive negative balance protection.

Additional Features

Capital Index provides market analysis and news updates on its website, plus an economic calendar. Our review was pleased to see the broker also has considerable education resources, including 15 trading guides on general trading, forex and CFD investing. Smart charts and tables to explain prices and product specifications are also available on the broker’s website.

Capital Index economic calendar
Capital Index economic calendar

Trading Accounts

All branches offer the Advanced, Pro, and Black accounts in three currencies (EUR, GBP and USD). Our review noted that Capital Index Global also offers a dedicated Copy Trading account, with a deposit of £500 required for spreads from 1.4 and leverage up to 1:200.

Bar the Black account, all accounts have a minimum lot size of 0.01 and are commission-free. Note the Black account is invitation-only, and the broker runs a separate website dedicated to traders with this account.

Pros

Clients at Capital Index benefit from:

Cons

Disadvantages of opening an account include:

Trading Hours

Clients can use the customer portal and website at any time, but trading hours depend on the specific market. Capital Index lists the opening hours for each asset within its product specifications, for example, forex can be traded 24 hours a day Monday through to Friday.

Contact Support

This broker has live chat options on the UK and Global websites, and customer support can also be assessed using the following:

Capital Index UK

Forex CFDs

Capital Index Global

Security

Capital Index protects its clients’ personal information from disclosure to other parties and stores this information on secure, password-protected servers. The broker uses physical and electronic methods to keep client data safe and to ensure privacy is maintained.

Capital Index Verdict

Capital Index is a forex and CFD broker that also offers spread betting in the UK. Our review was pleased with the MT4 platform, range of bonuses, and the multiple regulations and licenses. Our only real gripe is that a large minimum deposit is needed to open an account with really tight spreads.

Top 3 Alternatives to Capital Index

Compare Capital Index with the top 3 similar brokers that accept traders from your location.

  1. IG – Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand offers spread betting, CFD and forex trading across an almost unrivalled selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.

  2. AvaTrade – AvaTrade is a leading forex and CFD broker, established in 2006 and regulated across 9 jurisdictions. Over 400,000 users have signed up with the broker which processes over 2 million trades each month. The firm offers multiple trading platforms, including MT4, MT5, and a proprietary WebTrader. 1250+ financial instruments are available for day trading, from CFDs to AvaOptions and now AvaFutures, alongside a comprehensive education center and multilingual customer support.

  3. Pepperstone – Established in Australia in 2010, Pepperstone is a top-rated forex and CFD broker with over 400,000 clients worldwide. It offers access to 1,300+ instruments on leading platforms MT4, MT5, cTrader and TradingView, maintaining low, transparent fees. Pepperstone is also regulated by trusted authorities like the FCA, ASIC, and CySEC, ensuring a secure environment for day traders at all levels.

    CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.

Capital Index Comparison Table

Compare Capital Index With Similar Brokers
Capital Index IG AvaTrade Pepperstone
Rating 2.5 4.4 4.9 4.8
Markets Forex, CFDs, spread betting CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting
Demo Account Yes Yes Yes Yes
Minimum Deposit $100 $0 $0
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots 0.01 Lots
Regulators FCA, ASIC, SCB FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA, FINMA ASIC, CySEC, FSCA, ISA, CBI, FSA, FSRA, BVI, ADGM FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB
Bonus $50 welcome bonus
Education No Yes Yes Yes
Platforms MT4 Web, ProRealTime, L2 Dealer, MT4, AutoChartist, TradingCentral WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade
Leverage 1:30 (UK), 1:200 (Forex CFDs), 1:500 (Global) 1:30 (Retail), 1:250 (Pro) 1:30 (Retail) 1:400 (Pro) 1:30 (Retail), 1:500 (Pro)
Payment Methods 1 6 13 11
Visit Visit Visit Visit Visit
Review IG
Review
AvaTrade
Review
Pepperstone
Review

Compare Trading Instruments

Compare the markets and instruments offered by Capital Index and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare Capital Index Trading Instruments
Capital Index IG AvaTrade Pepperstone
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil No Yes Yes Yes
Gold Yes Yes Yes Yes
Copper No Yes Yes Yes
Silver Yes Yes Yes Yes
Corn No No Yes Yes
Crypto No Yes Yes Yes
Futures No Yes Yes No
Options No Yes Yes No
ETFs No Yes Yes Yes
Bonds No Yes Yes No
Warrants No Yes No No
Spreadbetting Yes Yes Yes Yes
Volatility Index No Yes Yes Yes

Capital Index vs Other Brokers

Compare Capital Index with any other broker by selecting the other broker below.

 

Customer Reviews

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Capital Index is a spread betting, FX & CFD provider offering reasonable trading fees.

FAQ

Is Capital Index regulated?

All three entities under the Capital Index brand are regulated by respected financial authorities in their respective jurisdictions. This entails regulation from the Financial Conduct Authority (FCA), the Australian Securities and Investment Commission (ASIC), and the Securities Commission of the Bahamas (SCB).

Is Capital Index a trustworthy broker?

Capital Index appears is a relatively safe choice with multiple licenses in place. The UK branch also has negative balance protection and is signed up to a compensation scheme.

Does Capital Index offer any deals or promotions?

The Global branch of Capital Index offers three promotional schemes for new clients. This includes a $50 welcome bonus, a 10% deposit contribution, and a 50% loss rebate scheme.

What platform does Capital Index use?

Capital Index offers the MetaTrader4 (MT4) terminal. The platform is market-leading for analytics and charting and is also available via a browser as WebTrader and as a mobile app.

What is the minimum deposit amount at Capital Index?

Clients need to deposit £100 to open an Advanced account. For higher account tiers, new traders will have to load their account with up to £50,000.