Capital.com is an online CFD (Contracts for Difference) broker offering a user-friendly platform and a wide range of tradable assets. Here's a breakdown of their services:
Regulations
Capital.com operates under multiple regulations, including:
Financial Conduct Authority (FCA) of the UK
Cyprus Securities and Exchange Commission (CySEC) (Important Note: Retail CySEC regulations might have limitations in the EEA after March 2021)
Australian Securities & Investments Commission (ASIC) of Australia This provides a layer of security for traders in these jurisdictions. However, Capital.com does not accept clients from the United States. Double-check regulations based on your location.
Account Types
Capital.com offers a single standard account with features suitable for beginners and experienced traders alike.
Account Registration
Signing up for a Capital.com account is reportedly fast and can be done entirely online.
Trading Platform
Capital.com provides a proprietary web-based trading platform with a user-friendly interface and various analytical tools.
Trading Instruments
Capital.com offers a wide variety of CFDs on tradable assets, including:
Stocks: Shares of individual companies from various global markets.
Indices: Major stock market indices from around the world.
Commodities: CFDs on precious metals, energies, and agricultural products.
Forex: Major, minor, and exotic currency pairs.
Cryptocurrencies: CFDs on popular cryptocurrencies (availability may vary depending on regulations).
Important Note: Capital.com does not allow trading in underlying assets themselves. You are essentially trading contracts that mirror the price movements of the assets.
Fees
Spreads: Capital.com offers competitive spreads, but they can vary depending on the underlying asset and market conditions.
Commissions: Capital.com does not charge commission fees on trades.
Overnight fees (Swaps): Overnight financing fees apply for holding CFD positions overnight.
Inactivity Fees: Accounts inactive for extended periods may incur fees.
Deposit/Withdrawal Fees: Check Capital.com's website for any applicable fees.
Deposits and Withdrawals
Capital.com offers various deposit and withdrawal methods, including:
Credit/Debit Cards
Bank Transfers
E-wallets (availability may vary)
Processing times can vary depending on the chosen method.
Education and Research
Capital.com provides some educational resources, including articles, tutorials, and video lessons. However, compared to some brokers, their educational resources might be considered limited.
Affiliate Program
Capital.com has an affiliate program allowing partners to earn commissions by referring new traders.
Verdict
Pros:
Regulated by multiple Tier-1 authorities (except US)
User-friendly web-based trading platform
Wide range of CFDs on various assets
Competitive spreads and commission-free trading
Affiliate program
Cons:
Only offers CFD trading (not underlying assets)
Limited educational resources compared to some brokers
Inactivity fees and potential withdrawal fees
Not available for US residents
Capital.com can be a good option for beginner and experienced traders seeking a user-friendly platform and a wide range of CFDs. However, the lack of underlying asset trading, limited educational resources, and potential fees are important considerations before choosing them.
FAQ
Is Capital.com safe? Regulation by multiple authorities adds a layer of security, but check regulations based on your location (not available in US). Remember, CFD trading involves risk, so do your research before investing.
What is the minimum deposit? The minimum deposit varies depending on your location. Check Capital.com's website for details.
Does Capital.com offer a demo account? Yes, Capital.com offers a free demo account for practicing your trading strategies before using real capital.
How do I contact Capital.com customer support? Capital.com offers customer support via phone, email, and live chat.