capital.com review
6.9

Capital.com Review 2023: Pros, Cons and Overall Rating

6.9/10 (Expert Score)
Product is rated as #7
Trust
7
Fees
8
Platform and Tools
7
Customer Support
7
Tradeable Instruments
6
Account Types and Terms
7
Deposit and Withdrawal
7
Research and Education
6
Capital.com
6.9
Expert Score
Product is rated as #7 in category Forex Brokers
VS
ZFX
9.2
Expert Score
Product is rated as #1 in category Forex Brokers
VISIT BROKER

Capital.com Overviews


Capital.com is an established and award-winning broker that offers a huge collection of free high-quality educational content to aspiring traders, makes use of AI technology and doesn’t charge withdrawal, deposit or inactivity fees.

Capital.com Review 2023: Pros, Cons and Overall Rating

Capital.com is run by Capital Com SV Investments Limited. It offers over 3,700 assets, including 27 indices, 200 cryptocurrencies, 37 commodities, 3293 shares, and 138 currency pairs via its award-winning web trading platform powered by TradingView. 

With such a diverse portfolio of assets, Capital.com is one of the best brokers on the market in terms of available instruments. It has established itself as one of the most competitive and dependable brokers.

As a result, Capital.com has received several honours, including Investment Trends 2021, The European 2020, Shares Magazine 2020, and UK Forex Awards 2020 among others. 

Facts About Capital.com
  • Founded in 2016 and offers CFD trading
  • Headquarters in London, UK with offices in 9 countries/territories
  • Accepts customers from more than 183 countries globally
  • More than 500,000 registered clients
  • $530 billion traded in volume

Pros and Cons


PROS
  • Regular live updates and price alerts for 3,700+ markets
  • 0% commission and no hidden fees
  • Market-leading spreads
  • No withdrawal, deposit, or inactivity fees
  • Fast order execution
  • Non-expiring Free demo account
  • Hedging mode and risk management tools
CONS
  • Stock trading is not currently available on their web terminal
  • Limited offering of stocks
  • No bonds offered
  • Doesn’t offer MetaTrader5 (MT5)
  • Overnight fees

Is Capital.com Safe? Broker Regulations


Capital.com is a highly regulated broker. It is one of the few brokers available that is regulated in more than one jurisdiction.

  • Financial Conduct Authority (FCA)
  • Australian Securities and Investments Commission (ASIC)
  • Cyprus Securities and Exchange Commission (CySEC)
  • National Bank of the Republic of Belarus (NBRB)
  • Financial Services Authority of Seychelles (FSA)

What Can I Trade with Capital.com?


Capital.com boasts a wide variety of financial instruments including the crypto, stock, commodity, index and forex markets. You’ll find exotic currency pairs such as the Belarusian Ruble, Mexican Peso, Thai Baht, Hungarian Forint and more are available on the broker.

Clients will also find a great selection of equity CFD at Capital.com, which includes mid-cap and large-cap companies.

  • Forex: EURJPY, GBPUSD, AUDUSD, USDJPY, NZDUSD
  • Commodities: Silver, Gold, Brent
  • Indices: Germany 30, US100, HK50, FR40, UK100
  • Cryptocurrencies: Bitcoin, Litecoin, Ethereum*
  • Shares: Apple, Amazon, Intel

Although the asset options are far more diverse than industry rivals, it’d be great if Capital.com provided small-cap alternatives and ETFs.

*Cryptocurrencies are not available to users registered with the Capital.com (FCA) entity.

How to Trade with Capital.com?


There are several trading platforms to choose from, these are:  

  • Web terminal (all devices) 
  • Trading app (iOS and Android) 
  • Investmate (iOS and Android) 
  • MetaTrader 4 app (desktop and mobile) 
  • TradingView web platform 

Please note MetaTrader5/MT5 is not available.

Here’s a closer look at each of the above in more detail:  

Web Terminal

Capital.com’s custom-built trading platform that has a simple, yet powerful layout. It includes: 

  • 70 technical analysis indicators 
  • Drawing tools 
  • Financial Articles 
  • Multi-chart layouts  
  • Personalised watchlists/price alerts 
  • Hedging mode  

Mobile Trading App

The Capital.com app allows for much of the above plus stock trading, which is not yet available on the web terminal.  Features include: 

  • Access to various markets  
  • Instant access to account portfolio 
  • Financial articles with the latest news and updates  
  • Watchlists for portfolios  

Investmate

This free, education-based app allows new investors to familiarize themselves with industry concepts. It is ideal for those who would like to learn how to invest without taking any risks as there is a built-in market simulator that allows the user to make virtual investments using virtual cash. The lectures are short and include definitions for common trading terms.  

After downloading and installing, the app asks the user a series of questions to better gauge what sort of help they need. Lessons cover topics such as: 

  • The ABC of finance 
  • How to predict trends 
  • Become an expert in CFD trading 

The material is divided into levels and after completing each lesson there is a quiz before moving on to the next level. 

MetaTrader4 (Desktop and Mobile)

MetaTrader4 is the industry standard, chosen by novice and more experienced traders for its user-friendly interface and ample trading capabilities. Its features include: 

  • 85+ preinstalled technical indicators 
  • 1-click trading & trade from charts 
  • 24 analytical charting tools 
  • Automated trading 24/5 

TradingView

Capital.com is compatible with TradingView, which is well known for its powerful charting tools. It has rich features such as built-in libraries for indicators, oscillators and strategies and a drawing tab to create lines, patterns, etc., on charts.   

How Can I Open Capital.com Account? A Simple Tutorial


Setting up an account couldn’t be easier: 

  • Press the “Log In” button on the top right-hand corner, then select “Sign Up”. Enter your email address and choose a password. Alternatively, you can log in instantly by using your Gmail or Facebook account.
  • You will now have access to the live platform, which allows you to familiarize yourself with the program before carrying out any actual trades.
  • Under “Settings”, you will be able to set up a demo account, which is immediately credited with $1,000 in virtual funds. There is also an option to top it up with an additional $10,000 in virtual funds.

Once you are ready to trade, select the “Complete Registration” option. This takes you to a section where you’ll need to answer a few basic questions. These include your country of residence, employment status, financial status, etc. You’ll also need to answer questions about your knowledge regarding trading products. Finally, you’ll be asked to select the currency you’d like to use in the account.  

The last part of the setup process involves uploading personal ID such as a passport, driver’s license, or national ID card and proof of residence (bank statement, utility bill, etc.). 

Accounts are usually verified within one business day.

Capital.com Trading Fees

Here are the main Capital.com fees to be aware of.

  • The broker does not charge any deposit or withdrawal fees
  • There is no inactivity fee.
  • Capital.com’s minimum spreads for various markets range from 0.004 in stocks, 0.07 in indices, 0.018 commodities, and 0.7 pips currencies. 
  • Minimum deposits are $20 (credit card) or $250 (wire transfer), with various deposit and withdrawal methods available

Capital.com Charts and Analysis


The Capital.com browser-based terminal is a custom-built software program that is aesthetically pleasant and easy to use. It offers over 75 technical indicators and extensive drawing tools.

The best part about Capital.com is that it provides a large variety of market research including News, Market Analysis, Webinars, Capital.com TV and an Economic Calendar.  

All the market research was both written and video formats with high-quality content, updated regularly and suitable for beginners and advanced traders.

  • News: Includes extensive coverage of the latest global news and events across multiple markets including Forex, Economic, Commodities, Stocks and Cryptocurrencies.
  • Market Analysis & Capital.com TV: Includes regular articles written by Capital.com analysts as well as live market analysis videos streamed on the broker’s YouTube channel. The Capital.com TV section also includes video content on trading strategies, news, trader education platform tutorials and more.
  • Webinars: Users can subscribe to a free 30-minute weekly webinar covering practices to improve your trading strategy, expert-based insights from a professional trader, detailed market outlook and up-to-date trends.
  • Economic Calendar: Allows users to keep up to date with current and future economic events and data releases.

Capital.com Account Types


There are 3 account types which are Standard, Plus and Premier.

The Standard account is best suited for new traders whereas the Plus account is more for experienced traders, as it requires a higher minimum deposit, but offers exclusive access to events and private webinars. Professional traders have access to the following leverage as per the financial instruments that they can trade:

  • Forex majors – 1:500 
  • Major indices – 1:200 
  • Commodities – 1:200 
  • Shares – 1:20 

Standard Account Plus Account Premier Account
Minimum deposit $20 $3,000 $10,000
Spread From 0.6 From 0.6 From 0.6
Commission $0 $0 $0
Max leverage 30:1 30:1 30:1

With Capital.com, the maximum leverage depends on your account type and regulationfrom 1:2 to up to 1:100.

Free Capital.com Demo Account for Trading Practice

As mentioned above, users have the option to test-drive the platform with a free demo account. This allows them to try out different strategies and to learn more about the Capital.com software before committing any real money.

Users are presented with a virtual fund of $1,000, which can be topped up with an additional $10,000 to use as they want. Once they are ready for the real deal, demo accounts can easily be switched over to live accounts.

Do I Have Negative Balance Protection with This Broker?


Negative balance protection is enabled by default, meaning that losses are restricted to the account’s balance. There is also stop-loss and take-profit, which protects users from any unforeseen downturns in the market.

Capital.com Deposits and Withdrawals


There are several different ways to fund accounts. Funds can be deposited and withdrawn in a multitude of ways, including Credit/Debit Cards, Wire Transfer, Skrill, Apple Pay, UnionPay, WorldPay, Neteller, GiroPay, iDeal, Multibanco, Przelewy24, Sofort, Qiwi, WebMoney, Asian online banking.  

Deposit times for online wallets and debit/credit cards range from instant to a few hours. Wire transfers typically take two to three days. Withdrawal times range from one business day to several days, depending on the method used.  

Deposits and withdrawals with Capital.com:

  • The minimum deposit is $20
  • There are no fees for deposits or withdrawals
  • Immediate withdrawals are possible
  • Several payment processors are accepted, many of which are country specific

Support Service for Customer


Capital.com is a global broker and as such, support is available in more than 24 languages. You’ll be able to get in touch with the Capital.com customer support in a number of ways:

  • Telephone (English)
  • Chat (multiple languages): Live chat, Viber, WhatsApp, Telegram and Facebook messenger
  • E-mail (multiple languages)
  • Searchable Q&A

Local customer support agents are available in the following territories/languages (times shown are local): 

  • United Kingdom / English (24/7) 
  • Vietnam/Vietnamese (24/5, Monday to Friday) 
  • Thailand/Thai (24/5, Monday to Friday) 
  • Indonesia/Bahasa Indonesian (9am-5pm, Monday to Friday) 
  • Philippines/Tagalog (10am-6pm, Monday to Friday) 
  • India/Tamil (7.30am-3.30pm, Monday to Friday) 
  • India/Hindi (9.30am-9.30pm, Monday to Friday) 

Prohibited Countries: Where Can I Not Trade with this Broker?


People living in the United States, North Korea, Iran and a select number of other nations are not permitted to do business with Capital.com.

Special Offers for Customers


Due to regulatory restrictions, Capital.com does not provide any bonus or promotions.

Capital.com Review Conclusion: Reputable Broker with Easy-to-use Platform


Capital.com is an award-winning broker that has been around for six years. Its easy-to-use, custom-built trading platform runs well on both desktop and mobile devices.  Users can choose to use their proprietary platform or import their Capital.com data into TradingView.   

The broker offers a variety of accounts, ranging from retail to professional accounts and there is negative balance protection in place. They offer low spreads and do not charge withdrawal fees, deposit fees or inactivity fees.

Summary and Key Takeaways


Capital.com is a legitimate and safe, zero-commission stockbroker.

  • Trading with Capital.com is commission-free and the spreads are competitive.
  • Its offer includes direct investing and trading in shares, although this can only be done via the mobile app.
  • The platform makes use of a patented Artificial Intelligence (AI) system that analyses users’ investment behavior and alerts them to any biases it detects.
  • It offers hundreds of high-quality educational videos on its YouTube channel and its education-based app, Investmate. This app provides extensive financial lessons, making it especially interesting for those new to investing.
  • The company has really focused on user experience and providing significant training.
  • Capital.com does not charge any commissions to its users. It also offers tight spreads that enable its clients to maximize their earnings.

FAQs


Are my funds safe with Capital.com?

Investor funds are kept separate and secure in segregated accounts. Furthermore, Capital.com’s services are fully compliant with PCI Data Security Standards. This ensures the security of your data and funds. Client funds are routed through the best and most secure data environments.

How does Capital.com make money?

Capital.com makes money mainly through spreads and swaps in certain asset classes.

Can I open more than one account on Capital.com?

Yes. You can have up to ten accounts, including demo accounts, in multiple currencies such as GBP, EUR, and USD.

Who Is Capital.com Recommended For?

Capital.com is recommended for traders who want to leverage the power of technology in order to maximize their earnings. It is also suited to investors looking for a premium user experience. Finally, this broker is recommended for new traders because it offers a range of training and support material to its users and even provides a “Learning Mode”.

Can the value of markets exceed the funds in my account?

Yes. Capital.com offers leveraged trading, in other words, it allows you to trade with more funds than you have in your account. It provides leverage of up to 1:200. However, leveraged trading is extremely risky.

Capital.com Review 2023: Pros, Cons and Overall Rating
Capital.com Review 2023: Pros, Cons and Overall Rating
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