Capital.com Review: What You Must Know Before Trading

It is owned and operated by Capital Com SV Investment Limited in Cyprus and offers access to a vast array of tradable assets in the financial market. While headquartered in Cyprus, it caters to traders from over 180 countries, including the United Kingdom.

With regulatory oversight from multiple jurisdictions, this global broker ensures the utmost protection of clients' funds. In this Capital.com review, we will delve into trading reviews, features, fees, the Capital.com app, and other essential services provided to traders worldwide. Explore this Capital.com review UK for more insights.

Overview of Capital.com

Capital.com, a global company, operates from various locations, including the United Kingdom, Australia, Cyprus, Poland, and Seychelles. Since its establishment in 2016, it has obtained regulatory approvals from renowned bodies such as the UK's Financial Conduct Authority, the Australian Securities and Investments Commission, and the Cyprus Securities and Exchange Commission.

Notably, to cater to European traders, Capital.com is registered in the UK under registration number 10506220. This broker platform grants access to a wide range of instruments, encompassing real stocks, currency pairs, indices, and commodities. Impressively, in 2022, Capital.com boasted over seven million user accounts and facilitated a staggering trading volume of over USD1 trillion on its platform.

Pros and Cons of Capital.com

When assessing the strengths and weaknesses of the Capital.com trading platform, it becomes evident that there are notable advantages. Let's explore some of the platform's pros:

Excellent Trading Experience: Capital.com provides a seamless and enjoyable trading experience for its global traders. The platform is designed to be user-friendly, intuitive, and responsive.
Educational Resources: Traders benefit from high-quality educational articles and courses offered by Capital.com. These resources provide valuable market insights, research, and educational materials to enhance trading knowledge and skills.
Competitive Fees: The platform stands out with its fee structure. Capital.com offers commission-free trading on stocks and low forex fees on CFDs, making it cost-effective for traders.
Multilingual Customer Support: Capital.com prides itself on its exceptional customer support. Traders can access professional and multilingual support to address any concerns or inquiries promptly.
Wide Range of Instruments: With over 400 crypto CFDs and thousands of tradeable instruments, Capital.com offers a diverse selection to cater to the preferences and strategies of global traders.

However, it is important to consider some drawbacks associated with the Capital.com platform:

Limited Withdrawal and Deposit Options: International traders may find that Capital.com has a limited range of withdrawal and deposit options available. This limitation can restrict the convenience and flexibility of financial transactions.
Lack of Referral Program: Unlike some other platforms, Capital.com does not offer a referral program. This means traders are unable to earn rewards or incentives by referring new users to the platform.

While Capital.com has several strengths that contribute to its appeal, it is crucial to weigh these against the identified limitations when considering this trading platform.

Is Capital.com Legit or Scam?

Capital.com is a forex broker that operates in the international financial market and is regulated by various jurisdictions to ensure compliance and security. The following regulatory bodies oversee the operations of this forex broker:

Financial Conduct Authority (FCA) - United Kingdom
Australian Securities and Investment Commission (ASIC) - Australia
Cyprus Securities and Exchange Commission (CySEC) - Cyprus
Financial Services Authority (FSA) - Seychelles

These regulatory frameworks provide a robust oversight of Capital.com's activities, ensuring that it maintains high standards and delivers reliable trading services to its clients worldwide.

One notable security feature offered by Capital.com is the Negative Balance Protection. This feature acts as a safeguard for traders by preventing losses exceeding their deposited funds. For example, if you deposit USD50 into your account and enter a losing position, the Negative Balance Protection ensures that you will not lose more than the deposited amount, limiting your potential losses to USD50.

With its strong regulatory framework and innovative security features, Capital.com aims to provide a safe and secure trading environment for its clients, regardless of their location in the world.

What Can You Trade on Capital.com?

Capital.com provides a diverse selection of instruments within the financial markets, catering to the needs of traders. With a wide range of CFD instruments available, traders can explore various opportunities. Here are some of the instruments offered by Capital.com:

Indices CFDs: A selection of 26 indices CFDs allows traders to speculate on the performance of global stock market indices.
Forex CFDs: With 138 forex CFDs, traders can participate in the dynamic foreign exchange market and trade major, minor, and exotic currency pairs.
Cryptocurrency CFDs: Capital.com offers 490 cryptocurrency CFDs, enabling traders to engage in the growing crypto market and trade popular digital currencies.
Commodities CFDs: Traders can access 48 commodities CFDs, including precious metals, energy resources, agricultural products, and more, to diversify their portfolios.
Shares CFDs: With over 5,000 shares CFDs available, traders can invest in the stock market and trade shares of various companies.

European traders using Capital.com also benefit from the opportunity to invest in real stocks without incurring commissions, providing a cost-effective option for building their investment portfolios. However, it's important to note that while traders in the UK have access to spread betting, investing in Capital.com crypto is not available for them.

It's worth mentioning that Capital.com does not offer investment options in bonds, options, or futures. If these instruments are of particular interest to you, you may want to explore alternative brokers that provide access to such products.

Overall, Capital.com provides a diverse selection of instruments across different asset classes, empowering traders to explore various markets and find opportunities that align with their investment goals and strategies.

Trading Fees

When it comes to fees, Capital.com stands out as a competitive forex broker in the financial market. It offers advantageous fee structures, making it an attractive choice for traders. Let's delve into the details of Capital.com's fees:

Commission Fees: Capital.com provides zero commission fees on real stocks, which is a notable advantage for traders looking to invest in stocks without incurring additional costs. This feature enhances the affordability of trading real stocks on their platform.
Trading Fees: When trading currency pairs and CFDs, Capital.com implements fees through spreads. The spreads offered by Capital.com are typically tighter than those of their competitors, ensuring favorable trading conditions for traders.
Overnight Swap Fee: If a trade remains open for more than 24 hours, Capital.com applies a swap fee, also known as an overnight fee. This fee compensates for the interest rate differentials between the traded currencies or other instruments. It is important to consider this fee when holding positions overnight.
Deposit and Withdrawal Fees: Capital.com does not charge any fees for depositing, withdrawing, or maintaining your trading account. This user-friendly approach ensures that traders can easily manage their funds without incurring additional costs.
Inactivity Fee: Unlike many CFD brokers, Capital.com does not impose an inactivity fee. Traders can take their time and trade at their own pace without worrying about incurring fees due to account inactivity.

Here is a summary of Capital.com's fees:

Withdrawal Fee: No
Deposit Fee: No
Trading Fee: Yes, usually through spreads in currency pairs
Inactivity Fee: No
Swap Fee: Yes

Overall, Capital.com offers a fee structure that is favorable for traders, with no deposit or withdrawal fees, competitive spreads, and no inactivity fees. It is important to note that while trading fees are involved, the absence of commission fees on real stocks contributes to the cost-effectiveness of trading with Capital.com.

Accounts Offered in Capital.com

Capital.com excels in providing a seamless and user-friendly account opening experience, positioning itself as one of the top choices among forex brokers. Whether you are a beginner or an experienced trader, Capital.com offers different account types tailored to your needs. Let's explore the account opening process and the account options available:

Account Opening Experience: Opening an account on Capital.com is hassle-free and well-designed, ensuring a smooth onboarding process for traders. The intuitive interface and user-friendly approach make it convenient to open an account and start trading promptly, even while on the go.
Demo Account: For users who want to practice and test their trading strategies without risking real money, Capital.com provides a Demo Account. This feature allows traders to familiarize themselves with the platform, explore the available instruments, and gain valuable experience in a risk-free environment.
Account Types: Capital.com offers two main account types: the Standard (Retail) Account and the Standard (Professional) Account.
a. Standard (Retail) Account: Designed for beginners, this account type requires a minimum deposit of USD20. It offers zero commissions on real stocks, making it an attractive choice for traders who primarily focus on stock trading.
b. Standard (Professional) Account: Geared towards experienced traders, this account type features lower minimum deposits and provides higher leverage of up to 1:50. Professional traders can benefit from the enhanced trading conditions and flexibility offered by this account.
Account Opening Process: Opening an account with Capital.com is straightforward. Follow these simple steps:
a. Visit Capital.com's website and complete the registration form to initiate the account application process.
b. Once the form is submitted, you will need to verify your account by uploading relevant proof of identity and address documents.
c. The verification process typically takes a day, provided you have provided valid and up-to-date documents.
d. After verification, you can make your initial deposit and start trading on the platform, leveraging the wide range of instruments available.
Account Upgrade: Capital.com encourages growth and offers the possibility of upgrading from a retail account to a professional account. To qualify for the upgrade, you need to meet the following criteria:
a. Have a track record of ten profitable trades in the previous quarter.
b. Maintain a portfolio value exceeding 500,000 Euros.
c. Possess at least one year of work experience in the financial sector.

By fulfilling these requirements, you can unlock the benefits and advantages offered by a professional account on Capital.com.

In conclusion, Capital.com sets the bar high with its user-friendly account opening process, which caters to both beginners and experienced traders. The availability of a Demo Account allows users to practice their strategies, while the Standard (Retail) and Standard (Professional) Account options cater to different trading preferences. By adhering to the straightforward steps outlined above, you can swiftly open an account with Capital.com and explore the extensive range of trading opportunities it provides.

Deposits on Capital.com

To deposit funds into your Capital.com account, it is essential to complete the verification process. This process is free of charge, and the minimum deposit requirement is USD20. The forex broker offers multiple base currencies, including USD, GBP, EUR, AUD, and PLN. Here are the available deposit options:

Wire (Bank) Transfer: This option allows you to transfer funds from your bank account to your Capital.com trading account. It may take up to three business days for the funds to be credited to your account before you can start trading.
Credit or Debit Card: Capital.com accepts credit and debit cards for instant deposits. Simply provide the necessary card information, such as the card number, CVC code, and expiry date. Enter the desired deposit amount (minimum USD20), verify your details, and proceed with the deposit.
Electronic Wallets: For EU traders, electronic wallets like Skrill, PayPal, and Apple Pay are available as deposit options. Enter the amount you wish to deposit into your account, log in to your e-wallet account, and complete the payment process.

It's important to note that while card and electronic wallet deposits are usually instant, bank transfers may take a few business days to reflect in your trading account.

Here is a step-by-step guide to making your first deposit:

Log in to your Capital.com trading account.
Navigate to the menu bar and click on "Deposit."
Select your preferred deposit option.
a. For card deposits:
a. Provide the required card information (number, CVC code, expiry date).
b. Enter the desired deposit amount (minimum USD20).
c. Verify your details and proceed with the deposit.
b. For bank transfer deposits:
a. Obtain the recipient's bank details provided by Capital.com.
b. Log in to your bank account and initiate a wire transfer.
c. For electronic wallet deposits:
a. Enter the desired deposit amount.
b. Log in to your e-wallet account and complete the payment process.

While there are no deposit fees charged by Capital.com, it's important to be aware that conversion fees may apply, which can be relatively high. To avoid excessive conversion fees, consider opening a multi-currency account with a digital bank.

If you encounter any difficulties during the deposit process, you can seek assistance from Capital.com's customer support via the live chat option available on the platform.

With the deposit completed, you are now ready to explore the trading opportunities provided by Capital.com and make informed investment decisions.

Capital.com Withdrawals

When it comes to withdrawing your earnings from your Capital.com account, you can utilize the same methods available for deposits. These include wire transfers, debit/credit cards, and electronic wallets such as PayPal, Neteller, and Apple Pay, among others. It is important to keep in mind that the minimum withdrawal amount is USD50.

Regardless of the withdrawal option you choose, the process is free of charge and typically processed within a day. It is worth noting that withdrawals can only be made to an account that bears the same name as the one provided on your trading account. This measure ensures the security and accuracy of fund transfers.

Mobile Trading Apps

To cater to the trading and educational needs of its global traders, Capital.com offers three mobile trading apps:

Capital.com app
Investmate mobile app for education
MetaTrader 4 (MT4) mobile app

These user-friendly apps can be downloaded free of charge from the Android and iOS app stores. While Capital.com provides its own intuitive web platform and mobile app, it does not support trading services on MetaTrader 5 (MT5).

Capital.com Proprietary Platform The forex broker's web-based trading platform and mobile app are designed to meet your trading requirements. The platform provides an overview of the market, displaying actively traded and volatile instruments. It includes a watchlist section for easy access to popular indices and forex pairs. The web platform offers extensive customization options and delivers a seamless trading experience suitable for traders of all skill levels.

MetaTrader Platform In addition to Capital.com's proprietary platform, you can also access the broker's services through the MetaTrader 4 platform on mobile or desktop. The MetaTrader platform is widely used by many brokers due to its user-friendly charts and support for various technical indicators.

Customer Service

At Capital.com, client support is a top priority, and they offer various communication channels to ensure timely assistance. Clients can reach out to the broker through email, live chat, phone, and popular social media apps like Telegram and WhatsApp.

The customer service team is available 24/7, providing prompt responses via email, phone, or live chat. They are dedicated to offering comprehensive support and guidance to clients, addressing their specific needs with precise detail. Additionally, Capital.com provides a support center where clients can access assistance on a wide range of topics, including deposits and withdrawals, trading account inquiries, partnership information, and general trading-related queries.

Summary

Capital.com has established itself as a reputable and competitive trading platform, catering to clients of all experience levels. With zero commissions on real stocks and no fees on deposits and withdrawals, it offers cost-effective trading services.

The platform is regulated by multiple jurisdictions, ensuring the safety of clients' funds. Capital.com keeps its users informed about the latest financial market events and news. Additionally, clients have access to educational resources and courses to enhance their trading skills.

Whether you are a beginner or an experienced trader, this Capital.com trading review provides valuable insights on navigating the platform and utilizing its features to gain a competitive edge.

For more information about this forex broker, visit the official homepage and reach out to customer support.

FAQs

Is Capital.com free to use? Capital.com offers free broker services to clients and does not charge extra fees on deposits and withdrawals. Their fees are incorporated into the tight spreads of traded instruments.
Is Capital.com available in the UK? Capital.com is accessible to UK traders as it is registered in England and Wales under registration number 10506220. It is regulated and authorized by the Financial Conduct Authority (FCA) with register number 793714.
Is Capital.com legit or a scam? Capital.com is an average-risk broker regulated by the FCA and CySEC. It provides Negative Balance Protection, ensuring that clients do not lose more than their deposited amount.
What is the minimum deposit on Capital.com? The minimum deposit on Capital.com is USD20, which can be made through wire transfers, debit/credit cards, and electronic wallets. There are no charges for deposits, but consider conversion fees when changing currencies.
What can I trade on Capital.com? Capital.com offers access to over 6,000 instruments, including forex pairs, real stocks, indices, commodities, and cryptocurrencies. However, it does not support trading of bonds, options, or futures.
How do I withdraw from Capital.com? Withdrawing funds from Capital.com is a straightforward process. You can close any open positions on your account and then initiate a withdrawal via bank transfer or electronic wallet, with a minimum withdrawal amount of USD50.
Does Capital.com offer leverage? Yes, Capital.com allows trading on leverage, offering up to 1:30 leverage for all standard accounts.