Capital.com is a great brokerage with headquarters in London, UK, as well as other subsidiaries in Belarus and Cyprus. It was founded only in 2016, and it already has more than 2 million traders.
Also, it managed to process more than $18 billion in volume. It also has segregated funds at two of the largest financial institutions in Europe.
Even though it seems that Capital.com could offer you the best deal of your life, the fact that it is newer may be concerning to you. On top of that, you may not know many details such as licensing and regulation, or the overall security the platform can offer. Because of this, it’s hard to decide whether you should open an account or not.
Fortunately, this review was made for you, as it has all the information you may want to find out regarding safety and more aspects.
Who Is Capital.com for?
Capital.com is user-friendly, and it tends to be a good place for beginners. The trading platform is good, but not that complex. For this reason, it is a great way for beginners to learn how trades are done.
They also have the option to test some basic tools and features that will help them become better traders in the future. The account opening process is pretty simple as well, which makes things even better for those who are just starting their trading journey. A demo account will also be available for those who wish to try out Capital.com with no risk in the beginning.
It is also a great place to start for people with lower incomes or individuals who are not willing to spend a lot on trades right now. This is because real stocks are free of commission, and the CFD and stock fees are very low as well. There isn’t any inactivity or withdrawal fee either, making things even more convenient as a result.
Things We Like
Some features we discovered while researching Capital.com were quite impressive. For example, we loved how fast and easy it is to open an account. The average waiting time is one day, but the process itself is straightforward and it’s highly unlikely to encounter issues. Then, we also loved the fact that there are very few fees, and the fees that apply are low as well.
The customer support is wonderful. We were pleased to see how helpful they are. They are professionals and know how to handle any issue, no matter the situation. The trading instruments they offer are pretty great too.
Things We Don’t Like
We noticed a few issues here and there, such as the fact that the MetaTrader 4 platform is pretty outdated. While functional, it may not be ideal for some traders, particularly more experienced ones.
And while the instrument range is nice, it is not as varied as some would like it to be. What’s more, the research and educational materials are very limited. Therefore, it is not ideal for people who would like to explore trading a little more and learn some things during their time with Capital.com.
Pros / Cons
- The stock CFD and Forex fees are very low
- Great trading instrument range
- MT4 trading platform available
- You can only trade real stock and CFD
- The web platform has no price alerts
- The MT4 platform is quite outdated
Safety and Regulation
Safety is one of the most important aspects of any platform. So, you need to know all the safety features offered by Capital.com before you start trading.
Who Is Capital.com?
Capital.com is a global brokerage company that was established in 2016. It specializes in Forex and CFD trading, and it has more than 3,000 markets available, as well as tight spreads. Furthermore, it also has millions of traders all over the world.
The brokerage firm has several subsidiaries in Cyprus, Belarus, and the UK. It is also owned by Capital Com SV Investments Limited.
Is Capital.com Regulated?
Capital.com is regulated by the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), the National Bank of the Republic of Belarus (NBRB), and the Financial Conduct Authority (FCA) of the UK.
- Capital Com Bel – authorized NBRB (Belarus) registration number 193225654
- Capital Com (UK) Limited – authorized by FCA (UK) registration number 793714
- Capital Com Australia Limited – authorized by ASIC (Australia) under AFSL number 513393
- Capital Com SV Investments Limited – authorized by CySEC (Cyprus) registration number 319/17
Is Capital.com Safe or a Scam?
Safety is pretty much ensured with Capital.com thanks to the fact that it is regulated by multiple top-tier authorities. Most clients belong to a top-tier authority as well, which is great. There is also negative balance protection, keeping clients’ funds safe.
However, there are several negative aspects that don’t make it the safest platform to be on. The financial information is not available publicly, and the company is not listed on the stock exchange. Moreover, the platform doesn’t have a banking license.
Countries It Accepts Clients from
Capital.com is available in hundreds of countries. Some of them include Norway, Sweden, Australia, Qatar, France, Italy, Germany, South Africa, Hong Kong, Singapore, Denmark, Saudi Arabia, and the United Kingdom.
There are also many countries where the platform is banned, though. Some of these countries are Syria, Turkey, Japan, China, Iran, Iraq, Ethiopia, Spain, Yemen, Portugal, Sri Lanka, Belgium, and the United States.
Despite not being around for a very long time, Capital.com also won some awards. It was rated as the ‘Best Online Trading Services’ by Shares Magazine in 2020, ‘Best Trading Features’ by BROKERCHECK.eu in 2020, and also named the ‘Most Innovative Broker’ by The European in the same year.
Range of Offerings and Products
Several asset classes and markets are offered for Capital.com users. For instance, they can trade 68 currency pairs, 29 cryptocurrencies, 18 commodities, about 1,700 individual stocks, and multiple indices. Besides, people can speculate on CFDs for multiple asset classes.
Capital.com doesn’t have the largest product variety compared to other brokers, which is a bit of a downside for people looking to diversify their portfolios. On the good side, though, users will have access to some of the most liquid and popular markets, which is still pretty nice.
Since Capital.com is regulated in the EU and Cyprus, it may have lower leverages that vary based on the particular instrument you are trading. The maximum leverage is 1:30 for retail traders for major currency pairs, 1:20 for non-major currency pairs, major indices, and gold, and 1:10 for Commodities.
At the same time, there is a leverage of 1:500 available for professional traders, but only when they get a status confirmation.
The broker offers MT4 trading, and it has a web trading platform, a desktop one, and a mobile one.
The web platform is user-friendly and has a clear fee report and a 2-step login. It has a pretty nice design as well. Sadly, there are no price alerts, and the customizability is limited.
The mobile platform is a bit better. It is very nicely designed too, has a great search function and unlike the web platform, it has a 2-step login. There is no touch or face ID login, though.
As for the desktop platform, it has nice customizability, price alerts, and a clear fee report, but it has a bad design and has no 2-step login.
Capital.com has three different account types, which all bring different benefits and requirements to the table. You can open a Standard, Plus, or Premier account.
Users can also start by using a demo account in order to explore the platform and trade with no risks.
Deposits and Withdrawals
Deposits can be made either by bank transfers, e-wallet, or credit/debit cards.
What Is Capital.com’s Minimum Deposit?
Capital.com has a $20 minimum deposit for card or Apple pay deposits. Bank transfers require a deposit of $250, though.
Users can withdraw funds using the same methods that are available for deposits, giving them good options to choose from.
Some bonuses may apply to certain users. For instance, people who open an account under the Belarus branch and then make a deposit and finish a trade within 30 days can enter a trading competition. This trading competition can grant them a one-off $50 sign-up bonus. The bonus is, of course, subject to the terms and conditions of the platform.
Client Support and Education
The education section is not the best. Although there is a demo account and some educational videos, the trading platform is far from perfect in terms of education. There are very few materials available, and there are no tutorial videos either.
Verdict – Overall Rating
Capital.com is good for newer traders, as it has low fees and makes the account opening process a piece of cake. However, it needs to work a bit more on the education section and also improve the trading platform.
All brokers listed on our website are regulated by at least one financial regulator and have never been reported as a scam. Our reviews and overall scores are based on the key areas above, in a combination with our opinion and commentary.
The reviews are shared and discussed with the brokers, but the authors of our website always have the final word. Furthermore, we always strive to keep the information on our website updated and relevant for our readers.
What helps us stand out is that we always test our brokers with an anonymous live account, to ensure we deliver the most accurate information and experience to our readers. Finally, our reviews and evaluation are always independent of any financial compensation we may receive from the brokers.
There is a very high degree of risk involved in trading securities.
With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection, and market volatility that may substantially affect the price or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Learn more at Wikipedia.
All investments involve risks and are not suitable for every investor. The value of securities may fluctuate and as a result, clients may lose more than their original investment. The past performance of a security or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk it does not assure a profit, or protect against the loss, in a down market.
There is always the potential of losing money when you invest in securities or other financial products. Investors should consider their investment objectives and risks carefully before investing. More details here.
Looking for more information on brokers and trading? Have a look at our trading guides:
- Best Forex Brokers for 2021
- Best Binary Options Brokers for 2021
- Best Online Stock Brokers for 2021
- Best Trading Apps for 2021