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Capital.com was founded in 2016 and it rapidly expanded to have 9 different branches and be globally regulated by the most respected bodies such as FCA, ASIC, and CySEC.
They provide low trading costs and are also able to cover most fees you will incur.
In this Capital.com review, InvestinGoal took into consideration all the features regarding trading accounts with Capital.com.
The main strengths of Capital.com include:
- Globally regulated
- Easy account opening process
- Low minimum deposit
- Tight spreads with no commissions
- User-friendly platform
- Spread betting for UK traders
Capital.com also provides an unlimited demo which proves helpful to learn trading features and getting familiar with the platform and the industry.
(84% of retail CFD accounts lose money)
Our Opinion on Capital.com
Capital.com is a Market Maker broker with a wide choice of more than 6,000 CFDs. Ideal for beginners with an unlimited demo account, while experienced traders can avail of powerful tools to spot market trends.
A low minimum deposit makes it all the more attractive to open a trading account with low trading costs.
The broker is relatively new in the industry having been founded in 2016. In this time however, Capital.com can already boast many industry awards.
Pros and Cons
On the positive side, the Capital.com demo account is unlimited and if you wish to switch to a live account there is a low minimum deposit. The broker also claims to offer tight spreads with no other commissions.
The broker is also well-regulated by some of the most respected bodies like the FCA in the United Kingdom and the ASIC in Australia. Capital.com is also able to cover most fees you will incur including conversion fees.
Continuing with some of the issues at Capital.com, they do not have any copy or social trading features. The broker also does not offer a swap-free account to cater to Islamic traders.
The education section of the broker is also somewhat limited while deposits and withdrawals may require some time to be processed.
Pros and Cons: a summary
|Demo account||Unlimited||You have to create a new demo account when balance is over|
|Minimum deposit||$20||Bank transfers may require higher deposits|
|Forex & CFDs||138 forex pairs available||Spreads can be higher on certain pairs|
|Spread Betting||Zero commissions and tight spreads||Exclusive to UK traders|
Forex & CFDs trading Review
The broker has more than 6,100 assets available as CFDs and it is possible to trade over 130 forex pairs with spreads starting from 0.6 pips. The range of available assets also includes shares, indices, commodities, and cryptocurrencies.
- Wide asset range
- Low trading costs
- No commissions
- UK retail traders can’t access cryptos
Spread Betting Review
Capital.com spread betting is only available to UK and Ireland traders. There is a minimum deposit of £20 and the same spreads are applied here. The broker provides access to more than 3,000 global markets for spread betting.
- Positions can be opened from £1
- Low spreads
- Limited to UK and Ireland traders at the moment
Is Capital.com regulated and legit?
Capital.com is well-regulated in a number of jurisdictions including regulatory oversight from some of the most respected authorities in the industry. Here is a breakdown of the global regulations the broker has in place:
- Capital Com UK Limited is authorised and regulated by the Financial Conduct Authority (FCA), registration number 793714
- Capital Com SV Investments Limited is regulated by the Cyprus Securities and Exchange Commission (CySEC), license number: 319/17
- Capital Com Australia Limited is regulated by the Australian Securities and Investments Commission (ASIC), under AFSL 513393
- Capital Com Bel is regulated by the National Bank of the Republic of Belarus (NBRB), registration number 193225654
- Capital Com Stock and CFD Investing Ltd is regulated by the Financial Services Authority of the Seychelles (FSA), license number SD101
- SMART FOREX BROKER LLC is a limited liability company registered in St. Vincent and the Grenadines (SV), registration number 1296 LLC 2021
|Capital.com entity||Regulation||Registration ID|
|Capital Com UK Limited||FCA||793714|
|Capital Com SV Investments Limited||CySEC||319/17|
|Capital Com Australia Limited||ASIC||513393|
|Capital Com Bel||NBRB||193225654|
|Capital Com Stock and CFD Investing Ltd||FSA||SD101|
|SMART FOREX BROKER LLC||SV||1296 LLC 2021|
Foundation and Offices
The broker was founded in the UK in 2016. They currently have a physical presence in 9 different offices around the world as follows
- London, UK (16 Great Queen Street, London, WC2B 5DG, United Kingdom)
- Limassol, Cyprus (28 Oktovriou, 237 Lophitis business centre II, 6th floor, Limassol, Cyprus, 3035)
- Gibraltar, Gibraltar (Unit 5.24, World Trade Centre, 6 Bayside Road, Gibraltar GX11 1AA, Gibraltar)
- Melbourne, Australia (Level 34, 120 Collins Street, Melbourne, 3000, Victoria)
- Warsaw, Poland (ul. Prosta 67, Wola, 00-838 Warszawa 32nd and 33rd floors, Skyliner building)
- Sofia, Bulgaria (14, Filip Kutev str., Sofia)
- Vilnius, Lithuania (9, J. Balcikonio str, Vilnius, Lithuania)
- Kiev, Ukraine (36, Vozdvyzhenska st., Kyiv, Ukraine, 04071)
- Mahe, Seychelles (CT House, Office 5A, Providence, Mahe, Seychelles)
There are several measures in place to protect funds at Capital.com. This includes negative balance protection for all retail accounts. Professional traders under ASIC can access it on request.
Segregated bank accounts for all clients are also available (Royal Bank of Scotland, Raffeissen, Eurobank, Commonwealth Bank of Australia).
Under FCA regulation clients have an FSCS compensation scheme of up to £85,000, while, under CySEC regulation clients are protected by the ICF fund up to €20,000
The broker is multi-award winning. They won the Best Spread Betting Platform for 2022 at the ADVFN International Financial Awards and the Best crypto and forex broker for 2022.
Countries where Capital.com is not available
Traders from most countries can register with Capital.com. There are a few exceptions including USA, Canada, Sudan, Syria, North Korea, and Iran.
- Strong regulatory protections in place
- Broad physical presence
The Capital.com demo account is only available on a CFD account and allows traders to have a virtual cash balance of $1,000. This balance can be easily recharged with $10,000 for a maximum balance of $90,000.
The demo account does not expire and it is possible to have up to 10 demo accounts at one time.
The CFD account at Capital.com is available under any regulatory body of the broker and has a minimum deposit of $20.
The account provides access to more than 6,100 assets and charges no commissions. The spreads here start from a low 0.6 pips on the EUR/USD and there is a minimum investment of $1.
Spread Betting Account
Spread betting accounts are available at Capital.com but only to traders under FCA regulation in the UK & Ireland.
Profits on these trades are tax-free and the account has a minimum deposit of £20. There are no commissions charged and spreads start from 0.6 pips on the EUR/USD.
Spread betting is possible on 3,000+ assets including stocks, forex, commodities, indices, and cryptocurrencies.
Stock Investing Account
Stock Investing Accounts are available only under FCA and CySEC regulations.
The minimum deposit is $20 and this account type provides access to more than 1,000 company shares worldwide.
There is also excellent mobile access and the ability to buy and sell shares with ease and hold shares without any fees. Dividends are also given if these are paid by the company invested in.
While leverage is unavailable on this account type, there are no commissions and low spreads. Fractional share trading is not yet available.
A professional account is available to traders under ASIC, FCA, and CySEC regulations. In order to qualify, traders must satisfy 2 of the 3 following conditions:
- Have carried out an average of 10 transactions of significant size per quarter, in the relevant market, for the last year.
- Have a liquid investment portfolio exceeding 500,000 EUR.
- Working or having worked, for at least one year, in a professional position in the financial sector relevant to the Firm’s services and leveraged products.
This account provides access to higher leverage of up to 500:1 on major currency pairs and provides negative balance protection up to a 50:1 leverage.
Insurance plans do not apply on this account and only Australian professional traders under ASIC, may receive monthly cash rebates if they meet the minimum monthly trade volume requirements.
Deposit and Withdrawal
Account Base Currency
Capital.com supports several base currencies including EUR, PLN, USD, GBP, and AUD. Conversion fees may be applied if deposits are not made in one of these currencies but it might be covered by Capital.com.
The minimum deposit is the same with any account type at $20 to open a trading account or £20 for a spread betting account.
There are numerous deposit methods available that can be broken into the following categories:
These may require $250 as a minimum deposit and generally take up to three business days to complete.
Visa, MasterCard, and Maestro are all available. These are generally instant though and their availability depends on trader location.
eWallet deposits are available in various countries. In Europe, PayPal, Sofort, Ideal, giropay, and Trustly are available, while in the UK, Citizen is accessible and POLi in Australia. These generally take up to two business days.
Online banking transfer is available for Indonesia, Malaysia, Philippines, and Vietnam while other methods may be possible depending on location.
No fees are applied on deposits, as Capital.com covers all fees. Any other fee is levied by banks or payment issuers.
There is no minimum withdrawal with the exception of bank transfers. These have a $10 or equivalent minimum.
Each available withdrawal method is the same as the deposit methods and funds can only be returned to the payment methods used to deposit.
The withdrawal process generally takes about 24 hours but it can take up to 5 business days to reach your account.
Again, there are no withdrawal fees. Capital.com covers any fee with the exception of those levied by individual banks or payment providers.
Floating spreads only are offered by Capital.com. These start low and there is no other commission. The average spreads are as follows:
- 6 pips on EUR/USD
- 7 pips on US500 index
- 18 pips on GOLD
- 06 pips on AMZN
- 90 pips on BTC
Overnight fees are charged. The amount depends on the entire value of your position for most assets and is based only on the leverage provided rather than the entire value of your position for Cryptocurrencies, Shares, and Thematic Investments.
The precise amount varies per asset and more information is always available from the platform at the time of trading.
Non Trading Fees
No inactivity fees are charged by Capital.com.
- No fees on deposit/withdrawal
- Easily manageable demo account
- Low minimum deposit
- No Islamic account provided
- Fewer account choices for traders outside Europe
All assets traded with Capital.com are provided as CFDs while traders under CySEC and FCA regulations can apply for the stock investing account for real stocks.
Trading is possible on more than 130 forex pairs. Some of the spreads provided include the following:
- EUR/USD 0.6 pips
- AUD/USD 0.6 pips
- USD/JPY 0.8 pips
- GBP/USD 1.3 pips
More than 40 commodities are available to trade. This includes soft and hard commodities as well as energies. Spreads start from:
- Gold from 0.18 pips
- Silver from 0.020 pips
- US crude oil from 0.02 pips
- UK crude oil from 0.04 pip
More than 20 indices are available including the Dow, FTSE 100, S&P 500, and DAX 30. It is also possible to earn dividends by holding positions on indices. The average spread on the US500 is 0.7 pips.
Crypto trading is not available to retail traders under FCA regulation (UK) but for others, there are more than 470 tradable assets as CFDs. These include Bitcoin, Litecoin, Ripple, TRON, Ethereum, and others available to trade with different fiat currencies.
The average spreads are from:
- Bitcoin from 90 pips
- Ethereum from 6 pips
- Ripple from 0.006 pips
- Tron from 0.00140 pips
- Litecoin from 0.7 pips
There are more than 5,400 global stocks available to trade. Example spreads are as follows:
- 28 pips Tesla
- 78 pips Amazon
- 06 pips Apple
Stock investing accounts are available for CySEC and FCA traders shares and ETFs available.
Execution, leverage and position sizing
Capital.com is a market maker broker.
Leverage at Capital.com is available but under CySEC, FCA, and ASIC leverage is limited to 30:1 on major forex pairs for retail clients. For professionals is increased to 500:1.
International traders under FSA can avail of high leverage up to 2000:1 on major forex pairs.
The minimum trade size at the broker is one micro lot and positions can be opened from $1.
A number of risk management tools and features are available at the broker. These include the ability to set stop loss and take profit positions on assets.
Limit orders and market orders can also be placed while the broker does provide margin calls and a guaranteed stop-loss feature.
Opening hours for US equities will be 2.30pm – 9pm GMT. The FX markets hours are 24 hours a day from 10pm (UTC) on Sunday to 10pm (UTC) on Friday. With daylight savings, this goes 1 hour prior.
CFD Indices trading hours change depending on the index. For energies, it’s either 01:00-24:00 or 03:00-24:00, 5 days a week while for metals it’s 01:00-24:00 five days a week.
Forbidden trading techniques
Capital.com caters to a wide range of trading techniques. These include day trading, scalping, hedging, swing trading, algo trading, and automated trading through MT4 capabilities.
Spread trading is also available for UK & Ireland traders under the FCA regulation.
Platforms & Mobile
Trading platforms are an essential part of any top broker. Here is exactly what is on offer from Capital.com in this regard.
Charting and Trading tools
The broker provides an intuitive trading platform with AI-powered post-trade behavioral analysis.
The proprietary platform also has live updates and price alerts for all markets. There are more than 70 technical indicators to choose from and an extensive range of drawing tools. A total of 85 custom indicators are also pre-installed.
Additional Smart Trader Tools are also available, including 30 popular technical indicators and 24 analytical objects. Multiple chart setups are possible and the guardian angel personalized trading feedback tool provides additional support.
Proprietary (Desktop platform)
The Capital.com desktop platform is an award-winning CFD trading platform that provides a wide range of insightful features and analysis capabilities.
Multi-chart toggling is seamless within as many as six tabs and the platform is very customizable including personalized watchlists for a very user-friendly experience.
MT4 is available as a web platform, desktop, and mobile app.
As always, it is one of the most robust and usable trading platforms in the industry offering lightning-fast order execution and a range of integrated features for automated and algo-trading such as the expert advisors function.
The Capital.com bile platform is available on both iOS and Android and provides a very easy-to-use interface and a full range of assets and features.
The sign-up process is also very swift and trading through the platform is extremely intuitive.
TradingView provides access to the world’s top markets as well as the benefit of an AI-powered app with personalized trading insights.
A wide selection of charts as well as 75 technical indicators are available with both mobile and web versions available.
Special features you can find on Capital.com
Cash rebates are available only for professional traders under ASIC regulation. These are available on request if traders meet the monthly trade volume requirements.
TradingView can be integrated with Capital.com accounts. This allows for further powerful charting and analysis features.
Social Trading – Copy Trading
There is no direct social or copy trading function with Capital.com currently though it is possible to use the MT4 EAs feature.
- Good risk management tools available
- Wide asset choice
- Spread betting available in the UK and Ireland (FCA-regulated)
- No social/copy trading
- Stocks investing limited to CySEC and FCA traders
The Capital.com website supports 28 international languages in total. The broker also has a strong physical presence with 9 branches worldwide. Support phone numbers with the related local language are also available.
Customer support from Capital.com includes web-based live chat, email, and a call-back service. The broker also provides a support center infrastructure with a number of helpful features and a detailed FAQ section.
Research and Education
The research area of the broker features news and analysis that is regularly updated and can keep traders informed. A detailed economic calendar, as well as access to a range of regular webinars, are also accessible.
The education section at Capital.com includes a range of videos and other helpful materials in the Capital.com TV feature area. There are also news and analysis sections with content that can help traders learn, and a series of helpful videos on how to use the trading platform.
- Strong physical presence
- Wide language choice
- Research and education are a bit limited
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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