Company DetailsTrading PlatformAssets / MarketsSpreads & CommissionLeverageMobile AppsPayment MethodsDemo AccountBonusRegulation And LicensingAdditional FeaturesAccount TypesBenefitsDrawbacksCapital.com Trading HoursContact Details / Customer SupportSafety And SecurityVerdictAccepted CountriesAlternatives to Capital.com
Capital.com is an exciting fintech group of companies with offices in London, Cyprus, Gibraltar and Australia. They aim to allow retail and commercial clients the ability to trade across a variety of financial markets, and utilise patent-pending AI technology.
Last Updated: May 3 2022
Company Details
Capital.com was founded in 2016. They have upwards of 500,000 clients globally and operate in over 50 countries.
They aim to allow clients to trade CFDs and other derivatives on Forex pairs, commodities, stocks and other indices, and leverage artificial intelligence within their platform to help with ongoing education and decision making optimisation.
They have offices in Gibraltar and Australia. Capital.com has separate entities which are individually regulated by the CySEC, ASIC, FSA and the FCA.
Trading Platform
Capital.com as a trading platform is very intuitive to use: there has obviously been a real focus on user experience from the development team.
The experience of moving from the web-based application to mobile is 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 for users, 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). MT4 is not available to UK traders.
Assets / Markets
There is a broad selection of markets and asset classes for users to trade across with Capital.com:
28 commodities
400+ cryptocurrencies (not available to UK clients)
138 Forex pairs
23 indices
5000+ individual stocks.
You can also speculate on CFDs for a range of asset classes.
Spreads & Commission
Compared with many competitors, Capital.com offers some of the tightest spreads currently available on the market – for example, one of the most liquid currency pairs, EUR/USD, is around 0.6 pips.
Capital.com operate with tight spreads. The specifics of the fees / trade costs will depend on the market – full details can be found on the site.
Leverage
Capital.com is fully compliant with the ESMAs leverage requirements across multiple asset classes;
30:1 for major currency pairs
20:1 for non-major currency pairs, gold and major indices
10:1 for commodities other than gold and non-major equity indices
5:1 for individual equities and other reference values
2:1 for cryptocurrencies (Not available to UK clients)
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 applied at Capital.com, so a trader cannot lose more than the amount they deposit.
Traders can also apply for a professional account to access higher levels of leverage, but this requires proof of trading experience and sufficient trading capital.
It should also be noted though that professional clients may lose more than they deposit and they are generally not afforded the same level of regulatory protection.
Mobile Apps
Capital.com have both a web-based platform and an excellent mobile application (CFD Trading App) with full functionality (developed for iOS and Android).
It’s available to download directly from the app store. They also have developed a supplementary app called Investmate, which exists primarily as an educational platform, which again is available to download on both iOS and Android.
Payment Methods
Various payment options exist at Capital.com. Users are able to make a bank transfer, use either a credit or debit card, iDeal, Giropay, QIWI, ApplePay, Webmoney, and a long list of other popular e-wallets (the full list is available in the FAQs section on the website).
You can open accounts in GBP, Euros, Zlotys or US Dollars. Capital.com separates bank accounts for brokers and clients, adding an extra layer of security.
The Capital.com entity regulated by FCA (Capital.com UK) separates bank accounts for broker and client, according to CASS rules.
There is no commission charged for withdrawals.
Demo Account
A demo account is available. On registering, users can make a choice which platform to continue on.
Bonus
Capital.com don’t have any clear deals or promotions running, but this is an indication of the strength of the trading platform – there’s no need to rely on introductory offers, which for several platforms tend to fall under the category of ‘gimmicks’ more often than useful features.
Regulation And Licensing
Capital.com are legitimate. They are regulated by CySEC, the FCA, FSA and ASIC.
Capital.com has been featured in several reputable publications (such as The Guardian and City AM). This is a platform traders can trust.
Traders can set stop losses depending on your individual attitude to risk.
Additional Features
Capital.com use artificial intelligence to help investors, 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 offerings.
They also offer in-depth webinars, and access to an economic calendar so traders can anticipate key market moving events.
Account Types
Capital.com offer three broad account types. The account types are
CFD Account
Prime Account (Institutional)
Invest
Although all accounts offer the core features, benefits vary based on the specific type of account used, and the minimum deposit is €20 from card, or €250 via wire transfer.
Capital.com Invest
The latest account offering by Capital.com, the Invest account offers clients a completely fee-free stock investment service, including tight spreads.
With no commissions, transaction fees or mark-ups, this account allows European traders to trade stocks and shares with market data straight from the exchanges.
Benefits
The user education angle is one of the key differentiators between Capital.com and it’s competitors.
Utilising artificial intelligence for smarter, actionable insights means traders have the opportunity to learn from their mistakes much faster than with traditional trading platforms.
This feature meets an enormously important user need: for 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.
Drawbacks
The initial deposit can be higher than rivals, depending on what sort of account users have.
In addition, some traders may prefer simpler (or more traditional) brokerage services, without the additional news feed or learning platforms.
MT4 Integration may also help some traders, but it is not available to UK clients.
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 – an important facet of trading to remember.
You can find more information about relevant opening times on the website.
Contact Details / Customer Support
Capital.com are available to be contacted 24 hours a day, 7 days a week on the phone, via an in-website chat window, or through messenger. You can also email an enquiry using a web form.
So, there are several options available for users to get in touch with the support team. There’s also an extensive FAQ section on the website covering many important points.
The full list of contact details are available on the ‘Contact Us’ page of their website
Safety And Security
Capital.com is a reliable platform, with comprehensive levels of account and identity verification required to commence trading.
Their website processes your personal data according to the GDPR, which makes them compliant with the Data Protection rules.
Verdict
Overall, Capital.com are an excellent choice for investors looking at using a brokering service. The broker operates entities regulated by the FCA, CySEC, FSA and ASIC.
The platform is easy to use and the mobile applications boast impressive functionality. For investors looking to educate themselves on financial markets, techniques and economic conditions, Capital.com is a great place to start.
Accepted Countries
Capital.com is restricted in:
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.
Pepperstone – Pepperstone offers CFD trading to both retail and professional traders. Clients can trade FX, indices, commodities and shares on MT4, MT5 and cTrader platforms.
FXPro – Multi-Award winning broker. Specialising in Forex but also offering stocks and tight spreads on CFDs and Spread betting across a huge range of markets.
Admiral Markets – Admiral Markets is leading Forex and CFD broker offering the MT4 & MT5 platforms
Hantec Markets – Hantec Markets is a multi-regulated online FX broker offering MT4 and a tailored service providing flexibility to suit any trader.
Trading212 – Trading 212 Offer a truly mobile trading experience. With tight spreads and a huge range of markets, they offer a dynamic and detailed trading environment. Recent customer care issues have severely damaged the reputation of the brand.