Capital.com is a well-regulated and fully audited online broker, used by traders and investors of all experience levels. Through their award-winning platform, you can trade CFDs on a generous selection of more than 2,000 financial instruments across markets such as indices, commodities, cryptocurrency, stocks, and forex currency pairs. I think they have a good range of trading products and services if you are looking for an enjoyable trading experience in a regulated environment with low fees, tight spreads and reliable execution speeds. They also have a sizeable amount of educational resources which is great if you are a beginner. There is even the option of a demo account if you would like to practice trading online and see what they have to offer without making an investment.
Pros & Cons
- Proprietary desktop platform and trading app
- Good selection of CFD instruments
- Reliable trade execution
- Zero commission fees
- Great choice of funding options
- Investmate educational app
- Competitive fixed spreads
- Free demo accounts
- Swap-free accounts for Muslim traders
- Excellent customer support
- Cannot accept clients from certain countries
- The MetaTrader platforms are not available
- Not the lowest spreads as they have a mark-up
Capital.com is an online CFD broker that give you direct access to trade more than 2,000 trading instruments spread across five major asset classes via their user-friendly and award-winning CFD trading platform. You can take advantage of competitive spreads, zero commission fees, fast execution, and negative balance protection. I like that they have a wide range of trading tools to help make informed trade decisions. I am also impressed by the collection of highly rated educational materials provided free of charge. This shows me that they have traders best interest in mind.
The trading brand, Capital.com, is operated by three firms with offices in London, Gibraltar, Limassol, and Minsk. They are transparent with their charges, with their leverage-based overnight charges known beforehand. The broker offers multilingual customer support services so you can speak to someone in your native language.
However, I found there to be some minor limitations. For instance, there are no ECN account services, which means that they do not offer direct access to the market. You will notice that spreads are higher when compared to other brokers as they incur a mark-up. This is because the broker does not charge a commission but instead includes it within the spread. If you plan on using a strategy that requires the lowest spreads possible, you may want to consider IC Markets who have spreads starting from 0.0 pips.
Capital.com is regulated in an impressive three jurisdictions — the UK, Cyprus, and Belarus. This regulation gives me confidence that I can trust them with my funds and trade without needing to worry.
Capital Com (UK) Limited is registered in England and Wales with company registration number: 10506220, and it’s authorized and regulated by the Financial Conduct Authority (FCA) under register number: 793714.
Capital Com SV Investments Limited is registered as a Cyprus Investment Firm with the registration number: HE 354252, and it’s regulated by the Cyprus Securities and Exchange Commission under the license number: 319/17. Since it’s based in the European Union, Capital.com complies with the requirements imposed by the Markets in Financial Instruments Directive (MiFID).
In Belarus, the broker is registered as a closed joint-stock company, “Capital Com Bel”, with company registration number: 193225654, and it is regulated by the National Bank of the Republic of Belarus.
The broker segregates all retail clients’ funds from their own money in accordance with relevant regulations, and they are audited by Deloitte — a world-renowned auditing firm. Capital Com (UK) Ltd is a member of the Financial Services Compensation Scheme (FSCS), while Capital Com SV Investments Limited is a member of the Investor Compensation Fund (ICF) — both organizations provide compensation for eligible retail traders (up to EUR 20,000) in the event that the broker goes bankrupt. You can choose which of the jurisdictions you wish to belong to, depending on where you are located.
Capital.com offers their services to clients from all the European Economic Area, as well as traders from different parts of the world, including Asia, Africa, and Latin America. However, the broker does not offer their services to residents of the United States and Canada. If your country is not accepted, please feel free to use our broker comparison tool to find an alternative.
Capital.com give you a choice of two unique trading platforms. You can choose from the Capital.com web trading platform which runs directly in your web browser or the Capital.com CFD trading app for your mobile devices. I think both platforms are easy to use and suitable for market analysis, placing and managing trades with minimal fuss.
Capital.com Web Trading Platform
The broker provides you with their proprietary web-based trading platform, which comes with more than 75 technical indicators, multiple trading chart types, and extensive drawing tools for in-depth financial market analysis. The award-winning platform is user friendly, and it’s equipped with smart risk-management functionalities, such as stop loss, take profit, and negative balance protection.
I found the platform easy to navigate and thought that the modern interface was pleasing on the eyes. This is important if you are day trading and looking at charts all day long. The fact that it runs in a web browser is great as I can access my account from any device at any time I need to.
Capital.com CFD Trading App
The broker also provides you with a trading app version of their CFD platform to help those of you who need to access the market whilst on the move. You can literally access your account anywhere in the world provided you have an internet connection. I am an avid user of trading apps as I find it is the easiest way for me to follow the progress of my positions. I don’t always want to switch on my laptop just to take a quick look at what is happening in the markets.
With up to 70 technical analysis indicators and other technical tools, you can easily analyze the markets on the go and place trades very fast. The mobile app is available for both Android and iOS devices.
I don’t think they have the greatest selection of trading tools. There are a few that are focused around technical and fundamental market analysis but they don’t provide any market analysis software such as Trading Central or Autochartist. If you think that these would benefit your trading, you could consider easyMarkets instead. That being said, unless you have overly complex strategies, most of you could probably get by with the tools already included within the platforms.
You can get access to an economic calendar with the timetable of scheduled economic data releases, financial events, and general industry announcements that tend to affect the markets. I like using a calendar is it helps me stay in touch with what is happening in the markets. This can be a vital part of the fundamental analysis of your trading strategies.
The broker provides you with an online TV where their experts technically analyze different markets from time to time and review the effects of fundamental data releases, such as the Nonfarm reports. Whilst I appreciate some form of market analysis, ActivTrades go into a lot more detail.
You can use your real-time newsfeed to keep up to date with what is going on in various global financial markets. I like that you can get the news directly onto the web trading platform and also on the website.
You will find a decent selection of educational content, including an app dedicated to helping you learn more about the markets. I think this is a great addition for those of you who are beginners and need some guidance to get started on your journey.
This is an educational app where you can learn more about a good variety of trading topics. It is an all-in-one app to learn about the markets. I found it to have a rich and free toolkit that includes a generous range of learning materials, with 30+ courses including short lessons that take as little as 3 minutes to complete. There are also useful trading tips and thought-provoking videos that simplify technical analysis for you. Those of you with experience probably won’t learn anything else here but it could act as a good refresher.
Capital.com organizes webinars for you to get informed about the latest market trends and become aware on some of the best practices for developing a successful trading strategy. If this wasn’t enough you can also get expert-based insights from their professional technical analyst. I think this is a great addition that you won’t find with many other brokers, CM Trading being one of the exceptions.
Learn to Trade Guides
There is a section on the website called ‘Learn to trade’, which contains courses and guides on how to trade the various markets. It has topics like ‘The ABC of Derivatives and CFDs’, ‘Commodity Trading Guide’, and a ‘Crypto Trading Guide.’ You could probably get this information from anywhere but it is nice to have it all in one place.
There is a great choice of more than 2,000 CFD instruments for you to trade with Capital.com. One of the main advantages of CFD trading is that you can buy or sell instruments without actually needing to own the underlying asset. You can therefore anticipate price movements and make a profit or loss depending on if you took a position in the correct direction that price moved.
Here are the available CFD instruments that you can choose from:
You can trade forex with a good selection of different FX currency pairs, including the major pairs, minor pairs, and some exotic pairs. I would compare the forex products to those at Pepperstone.
The broker lets you trade commodity CFDs on precious metals (including gold, silver, platinum, and palladium), energies (US Crude Oil, Brent Crude Oil, and Natural Gas), and soft commodities like orange juice, cocoa, and sugar.
You can trade indices in the world’s major stock indices, such as the Dow Jones Index, S&P 500 Index, FTSE 100, Nikkei 225, and Dax 30.
I was impressed with the choice of stock CFDs. You can trade stocks of some of the biggest companies around the world. There are up to 2,000 stocks available on the platform. This is a good amount but not quite up there with IG who have a huge selection of over 17,000.
Capital.com offers both retail and professional accounts. The minimum deposit starts at $20 which is low compared to some brokers who have a requirement of $200 or more. On the other hand, Trade Nation have a minimum deposit of just $1. The leverage is restricted top 1:30. This is usually more than enough for my personal taste but if you need more, then FXGiants support leverage up to 1:1000. Just be wary of trading with leverage and the risks involved.
For the retail account, there are 3 account types. The main difference is the minimum deposit amount and features you can get access to. If you just want to follow the markets and trade, any account should be fine. If you want extra features such as market analysis, education and rebates, you will probably want to look at the plus and premier accounts.
The deposit can range from 20 EUR, 20 USD, 20 GBP, or 80 PLN to 3,000 EUR/USD/GBP or 12,000 PLN. There is up to 1:30 leverage and negative balance protection.
The minimum deposit is USD 3,000, and the leverage is up to 1:30, with negative balance protection.
For this account type, the minimum deposit is USD 10,000. There is up to 1:30 leverage, with negative account protection.
Clients that qualify as professional traders can open the professional account, which can have up 1:500 leverage but without negative balance protection beyond 1:50 leverage.
To qualify as a professional client requires meeting 2 out of the 3 following guidelines, 1) Have a portfolio of greater than $500k (not including property or cash) 2) Have a verified history of placing significant sized positions (down to broker discretion) 3) Have worked in the capacity of a professional position related to derivatives / speculation / trading. Match any two of these requirements to qualify as a professional client.
It is important to note that negative balance protection, Investor Compensation Fund and recourse to the Financial Ombudsman Service is removed should you qualify for a professional account as you are then classified as professional trader under ESMA regulation.
If you are new to trading online and just want to try it out without taking any financial risk, you could open a free demo account. This comes preloaded with virtual funds and is a great way to practice trading strategies and gain confidence before you think about funding a live account.
For those of you who are of the Muslim faith, you can request a swap-free account so that you do not have to pay any interest fees.
Opening an account with is a simple process. You just need to click on the ‘Trade Now’ button which you can find on the top right corner of the website to get started. When you click on the button, it will open the page where you input your email and password. After that, you see a page where you state your nationality and country of residence. When you continue you will see a page to fill your name. Then, click ‘continue’ to fill other details and answer the account opening questions. You will have to provide proof of identity (POI) and proof of address (POA). When your POI and POA are confirmed, you can fund your account and start trading.
You get access to a multilingual customer support service in over 24 languages. You can reach them via several channels, including telephone, email, and Live Chat. They can also be reached through multiple messengers, such as Telegram, Whatsapp, Viber, and Facebook Messenger. I found the customer support team to be very helpful. I like that they are available 24/5 to respond during trading hours.
I appreciate that the broker accepts different payment channels as you can make deposits and withdrawals using a method that works best for you. Unlike some brokers, they do not charge any fees for deposit or withdrawals which is great. Just be wary that your financial service provider may charge third-party fees for the transactions. There is a useful video guide that shows you how to fund your accounts but I think it is pretty self-explanatory and shouldn’t give you any problems.
Here are the payment options you can choose from:
The broker accepts MasterCard, Maestro, and Visa cards. Deposit is immediate, but withdrawals take about 2-3 business days or more.
The minimum you can deposit through this channel is USD 250. Both deposits and withdrawals may take a few days to process.
Alternative Payment Methods
They accept digital wallets, such as Sofort, iDeal, Giropay, Multibanko, Przelewy24, QIWI, Webmoney, Worldpay, Trustly, Neteller and Skrill. Deposits are processed in a few hours. This is a great range of digital wallets, putting them up there with FXChoice in terms of variety.
Compare Broker Features
|This Broker||AvaTrade||IG||IC Markets|
|Regulated||ADGM FRSA, ASIC, BVIFSC, CBI, FFAJ, FSCA, IIROC, JFSA||ASIC, BaFin, CFTC, DFSA, FCA, FINMA, FMA, FSA, FSCA, JFSA, MAFF, MAS, METI, NFA||ASIC, CySEC, FSA, SCB|
|Commission||From $0||From $0||From $0|
|Instruments||Forex, Commodities, Crypto, Stocks, Indices, Options, Bonds, ETFs||Forex, Commodities, Crypto, Stocks, Indices, Options, Bonds, ETFs||Forex, Commodities, Crypto, Stocks, Indices, Bonds|
|Platforms||MetaTrader 4, MetaTrader 5, AvaTradeGO, AvaOptions, AvaSocial, DupliTrade, ZuluTrade||MetaTrader 4, IG Platform, IG Progressive Web App, ProRealTime (PRT), L2 Dealer, FIX API||MetaTrader 4, MetaTrader 5, cTrader|
|Funding||Bank Transfer, Credit/Debit Card, E-Wallets||Bank Transfer, Credit/Debit Card, E-Wallets||Bank Transfer, Credit/Debit Card, E-Wallets|
Putting everything together, I believe that Capital.com can be a great choice for anyone who wants to trade a generous selection of CFD instruments. They have all of the popular markets you would expect, including forex, stocks and cryptos. The proprietary web-based trading platform and mobile apps are easy to use, making online trading accessible to anyone.
The minimum deposit is low and free demo accounts available. I like that they do not charge any commission and have decent spreads with fast execution speeds. Perhaps most importantly, they are a regulated company which gives me confidence my funds are safe.
You can get access to a good variety of educational resources but I think they could improve by adding some extra trading tools for market analysis and copy trading. There are not managed accounts either. If this matters to you, Key to Markets do provide them. I would also prefer if they had the MetaTrader platforms as it is my platform of choice.
Despite the minor flaws and room for improvement, I think the average retail trader should find Capital.com to be more than good enough for trading online.