Capital.com Review 2024

Capital.com was established with the ambition of trading and finance being more approachable, practical, and interesting. Since operations kicked off in June 2017, Capital.com has grown to become one of the biggest CFD brokers in Europe, establishing offices in several countries such as Australia, Gibraltar, and Belarus.

Its development staff have a wealth of expertise in creating cutting-edge online trading systems. When Capital.com was initially founded, their primary objective was to create the most user-friendly and transparent financial platform while also revolutionizing the interaction between a trading system and its users.

To do this, they developed a patented AI trading bias detection system, Emotional Quotient (EQ).

The company's ad-supported software is designed to make trading in all financial instruments simple to comprehend and use, for both novice and seasoned investors alike.

The six personalized financial trading pathways, a jargon-free dictionary, financial quizzes, and trading advice are all included in Capital.com mobile trading.

Trading is available on more than 2,500 of the major markets.

I'm a Beginner

As a newbie trader you won’t find it daunting to navigate their user-friendly interface. There is also a lot of educational materials available to support you.

With the Invest Mate app, you can easily identify interesting topics and participate in quizzes. To help newcomers understand the vocabulary and ideas related to leverage and CFD trading, Capital.com also provides online trading tutorials and courses. Finally, virtually anyone can register a demo account and practice their talents with no risk.

I'm an Expert

Capital.com is an attractive choice for more experienced traders due to offering access to over 70 technical indicators and hundreds of charts. The broker has created a microservice hosting architecture where various platform components are housed on multiple servers to prevent downtime, ensuring robust performance. Additionally, clients may anticipate ongoing market updates, news, projections, and analytical tools driven by AI to keep them informed of the most recent happenings.

Payment Methods and Limits

At Capital.com, you may choose from 5 distinct base currencies: USD, GBP, EUR, AUD, and PLN. Once you fund your trading account in the same denomination as the bank account or transact in items in the same denomination as the trading account base currency, you are exempt from paying a conversion charge.

Accepted Methods of Deposit

You can also deposit and withdraw money from Capital.com using various methods, including credit/debit cards, wire transfers, Asian online banking, Qiwi, Przelewy24, and WebMoney.

Limits on Minimum Deposit and Withdrawals

Every payment option (except wire transfer, which requires a minimum deposit of €250) has a low minimum deposit of £20 or its equivalent in the currency of the trading account, which is $20, €20, or z20 etc.

Trading Restrictions

The Standard account allows a maximum deposit of $3,000; the Plus and Premier accounts, however, enable bigger deposits with a minimum of $3,000 and $10,000, respectively.

Performance, Features and Functionality

A unique benefit of Capital.com is its smart trading app. It reveals cognitive biases that prevent traders from making profitable trading decisions using an AI-powered detection system. It will automatically spot any deviations in your trading behaviour, immediately alert you and offer helpful content to boost your trading skills.

Trading Platforms

The award-winning trading platform from Capital.com is available online without any downloads required. You can choose between a bright or dark colour scheme for the layout, and they offer smooth multi-chart toggling so you can quickly switch between up to six tabs. 

The charts are simple to read and can be customized; traders can select between Heikin-Ashi, candlestick, bar, area, or line charts. They can then utilize various sketching tools, like trend lines and Fibonacci retracements to pinpoint important support and resistance levels.

Educational Resources

There is a competitive amount of instructional materials available on Capital.com. They also offer an exclusive app designed to teach users more about the trading markets.

Capital.com hosts frequent webinars so that you can learn about the most recent market trends and some of the greatest strategies for creating a profitable trading plan. Their qualified technical analysts can also provide expert-based insights - this is a fantastic bonus that you won't find with many other brokers.

Account Types

Retail and business accounts are both available on Capital.com. Compared to some brokers with a minimum of $200 or more, the minimum deposit is inexpensive at only $20.

Standard Account

20 EUR, 20 USD, 20 GBP, or 80 PLN up to 3,000 EUR/USD/GBP or 12,000 PLN can be used as the deposit for this type of account. In addition, negative balance protection and leverage up to 1:30 are both available.

Plus Account

The leverage is up to 1:30 with negative balance protection and a USD 3,000 minimum deposit.

Premier Account

The minimum deposit for this kind of account is $10,000. Leverage is available up to 1:30 with negative account safety.

Professional Account

Customers who meet the criteria for professional traders may create a professional account with a maximum leverage of 1:500, however with no negative balance protection above leverage of 1:50.

The following three criteria must be met for a customer to be considered professional:

1. Have a portfolio worth more than $500k
2. Possess a proven track record of trading
3. Have held a position of professional responsibility in the trading, speculating, or derivatives industries.

Demo Account

Users can establish a free demo account to test online trading if they don't want to risk any real money. We recommend this as a great approach to practicing trading tactics and building confidence before considering financing a genuine account.

Trading Options

In 2020, Capital.com introduced spread betting, a flexible way of speculating on upward and downward market moves. This trading method is particularly popular with traders in the UK, where it is free from capital gains tax and stamp duty (subject to changes in tax laws.)

Fees and Costs of Capital.com

Capital.com does not have fees on trades. To help you optimize your profits, the broker offers a narrow spread (as low as 0.6 pips for its standard retail account) and quick execution.

Leverage for Capital.com is at 30:1. Not all traders, however, will benefit from the broker's overnight fees. For the value of commodities, foreign exchange, and indices, Capital.com applies swap rates.

Some asset classes have lesser swap rates but only pertain to the amount borrowed, making long-term trading less expensive. In addition, traders priced in a denomination besides the account base denomination are less expensive because there are no currency conversion costs, which is a substantial benefit when trading Forex.

Regulation and Security

Three jurisdictions - the UK, Cyprus, and Belarus - regulate Capital.com.

The Financial Conduct Authority (FCA) has even licensed and regulated Capital Com (UK) Limited under register number: 793714. Capital Com (UK) Limited is incorporated in England & Wales with the CRN no: 10506220.

Capital Com SV Investments Limited is licensed by the Cyprus Securities and Exchange Commission under license number 319/17 and is incorporated as an Investment Company in Cyprus with the registration number: HE 354252.

Capital.com adheres to the Market in Financial Instruments Directive's standards because it is situated in the European Union (MiFID). The broker is administered by the National Central bank of Belarus and is incorporated in Belarus as a private joint-stock company called "Capital Com Bel" with business reg number: 193225654.

Reputation

Capital.com has gained a reputation as a reliable place where traders may hone their abilities while having access to all major marketplaces throughout the world.

Capital.com has received honours from esteemed international awarding bodies, such as Top Online Trading System in the 2019 Shares Awards and the Most Creative Broker and Most Transparent Brokerage Service Provider at the European Global Business Awards 2020.

Is Capital.com Safe?

The PCIS standards are fully adhered to by Capital.com. The best and most highly secured environments are used to transfer client cash.

Additionally (as highlighted in the section before) they are governed by the Australian Securities and Investments Commission, the Financial Conduct Authority (FCA), and the Australian Securities and Investments Commission (NBRB). National Bank of the Republic of Belarus and the Cyprus Securities and Exchange Commission.

More than 750,000 customers trust Capital.com and their apps have excellent ratings in the Apple App Store and Google Play.

According to applicable requirements, the broker separates all retail clients' assets from their funds, and Deloitte, a prominent auditing firm, audits the broker annually. Both organizations offer eligible retail traders compensation (up to EUR 20,000) if the broker goes out of business.

Capital Com (UK) Ltd is a part of the Financial Services Compensation Scheme (FSCS), and Capital Com SV Investments Limited is a part of the Investor Compensation Fund (ICF). Based on where you are, you may pick which jurisdiction you want to be a part of.

You'll unlikely need to contact customer service as Capital.com does a good job of integrating new customers to its features and products. However, Capital.com offers a variety of ways to get in touch with customer support, including live chat, phone, email, and a web form.

Additionally, you may contact them via Telegram, Viber, Facebook Messenger, WhatsApp, and other common consumer messaging platforms.

When you use Capital.com to trade cryptocurrencies, you can expect to receive various perks.

They offer a huge variety of instruments and marketplaces. With stocks, indexes, and cryptocurrencies all included in this.

All of these may be used by clients to trade using CFDs and spread betting. With a maximum of 30:1, the maximum leverage permitted on retail accounts varies based on the asset and the regulations under which you are registered. However, it's crucial to remember that trading on margin multiplies both possible losses and potential gains.

Even more than 80 distinct studies may be applied to markets, thanks to the large variety of technical indicators. For example, moving averages may be used for trading, the Relative Power Indicator for overbought and oversold measurements, and Stochastics for swing trading.

More advanced strategies, including employing Bollinger bands to detect changes in market volatility, are also available to traders.

Considering everything, we believe Capital.com is be a fantastic option for anyone looking to trade a wide range of CFD products. They provide all the well-known markets you might anticipate, such as FX, equities, and cryptocurrencies.

Thanks to the user-friendly, unique web-based platform and mobile apps, anyone may engage in online trading. Free sample accounts are accessible, and the minimum fee required to deposit is low relative to competitors.