Home Forex Trading Capital com Review Aug 2023: Why Its My #1-Rated Trading Platform

Capital com Review Aug 2023: Why Its My #1-Rated Trading Platform

is capital.com a good broker

This will include both technical analysis and a discussion about the underlying fundamentals of the asset. The level of research offered by capital.com far and away exceeds the amount of research offered by the majority of brokerage services. Availability – We noted at the outset that capital.com can service clients in a large number of jurisdictions. However, it is currently unable to offer its services to US-based clients. As such, if you are a United States citizen, you will need to look elsewhere for your brokerage services.

  • By any comparison, this is an impressive range of assets that would likely satisfy the requirements of most traders.
  • I would like to give my honest feedback about capital.com, its very good company for CFD trading, they have different types of account but haven’t used those.
  • For the Vodafone CFD, the fees are built into the spread with an average spread cost of 0.3 during peak hours.
  • The verification process is similar to other trading platforms and involves uploading all the needed documents.

Thankfully, capital.com have a significantly comprehensive range of assets and is likely to satisfy your requirements in this regard. We value transparency and openness in the way we review the partners. To bring transparency to the forefront, we have published our review process. Central to that process is the evaluation of the broker’s reliability, the platform offering of the broker, and the trading conditions offered to clients, which are summarised in this review.

How long does it take to open an account at Capital.com?

Capital.com, a fully regulated broker, already increases the trust factor among the traders. To add up to the credibility, the proprietary trading platform undergoes an audit by Deloitte. Apart from this, Capital.com offers protection to customers that will protect them whenever their account balance becomes negative. Moreover, the AI-driven technology helps the best brokers to store the clients’ money in segregated accounts that add an extra layer of security to the client’s money (Add funds).

is capital.com a good broker

The verification process is similar to other trading platforms and involves uploading all the needed documents. Each of these regulators has its own rules designed to protect users and investors. For example, the Financial Conduct Authority covers https://limefx.vip/ deposits up to £85,000, which means that if Capital.com went bankrupt, you’d get back 100% of your account balance up to £85,000. The Investors Compensation Fund (ICF) also covers retail funds up to £20,000, which offers further assurance.

Resources Offered by Capital.com

Capital.com’s educational materials are excellent compared to other similar brokers. Based on the safety of clients’ funds, Capital.com is trustworthy because they are regulated in the UK by the FCA and other Top-Tier financial regulators. You can transfer to a live agent by selecting the ‘Questions about the account’ option, then ‘Technical Issues’. You will be required to submit your email and name, then transferred to a live chat. The economic calendar lets you know when key economic events are taking place, previous/forecasted data, and their potential impact on the market. The key data available include earnings, dividends, splits, IPOs, and holidays.

Capital.com offers competitive pricing, and it’d be even better if they added a volume-based reward program to reduce trading costs even more. Capital.com applies swap rates on the position value for commodities, Forex, and indices. Swap rates for some asset classes are below the industry average and only apply to the borrowed amount, resulting in a less pricey long-term trading. In this Trade Republic review, we cover the pros and cons of trading stocks, forex and crypto with Trade Republic in Germany, Austria and France.

But now I use my demo account as a testing ground where I can try out my trading strategies with zero risk. I elaborate in section #6 below why I’m such a fan of Capital.com’s customer support structure, which assigns every user with a dedicated account manager. Capital.com’s research tools are available on its web trading platform. Just like the platform itself, every tool is easy to use and the language options are the same as on the web platform. Be careful with forex and CFD trading as the preset leverage levels are high.

Is Capital.com Regulated?

Thus the user-friendly interface is very simple and straightforward without any unnecessary jargon used anywhere on the website. Only 001% is providing site visitors with quality data they can trust. It has a stunning web platform and powerful tool to ensure a successful trading experience. Capital.com offers trading signals embedded within its proprietary trading platform. Chief Market Strategist David Jones leads the in-house research team with market commentary and trading ideas on Capital.com TV. One of the most ignored trading costs is swap rates on leveraged overnight positions.

  • If you decide to open a professional account (this is met with specific criteria), there are added risks, such as no investor compensation schemes, and you can lose more than you deposit.
  • Free and simple to use app suitable for iPhone and Android devices, supporting MT4 version as well, so you can remain updated about trading on the go.
  • All of the accounts have negative balance protection, meaning that you can never lose more than you have invested.
  • For many of us, that’s going to be the U.S. dollar since most of the major global markets use the dollar.
  • Although this does not necessarily make them unreliable, it is certainly something we hope to see progress over time.

With its intuitive interface and advanced trading tools, Capital.com caters to both experienced traders and newcomers looking to enter the world of online trading. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading spread bets and/or CFDs with this provider. limefx courses scam You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

Money safety

There is a dedicated account manager support center that provides innumerable trading videos to help clients meet their web trading platform and financial regulators needs. Capital.com makes the deposit and withdrawal of money pretty fast and straightforward. Traders can use multiple payment methods like a debit card, credit card, Giropay, bank transfer, iDeal, or e-wallets like Apple pay, Neteller and Skrill.

Range of Assets – Unlike some other brokerages, capital.com does not focus on any specific asset class. This allows it to offer you a wide range of assets that you can either trade CFDs or hold for the long term. If you are the type of trader who prefers to have all of your holdings within a single account, you must sign up for a brokerage that can provide all the assets you wish to trade CFDs on.

The maximum leverage and spreads of the plus account are pretty much the same as the standard account. There is no specific requirement for any minimum deposit, yet it has been suggested to keep at least $20 in the account. Except for a few countries, which include the United States, most countries can access the services offered by Capital.com. The process of opening an account at Capital.com is straightforward. The process happens to be relatively easier compared to most other brokers.

It provides competitive spreads, ensuring that traders receive fair pricing when executing trades. CFDs are leverage-based financial instruments that allow users speculate on various financial markets. With capital.com, you will be able to trade CFDs on a number of different asset classes. This includes stocks, forex, indices, commodities, and cryptocurrencies. With CFD trading available in over 6.100 markets, capital.com offers greater exposure to global financial markets. Capital com is good for beginners because they have demo accounts and an app – Investmate, dedicated to educating new traders about trading financial assets.

No, Capital.com is not a scam, it is a safe broker since it is a regulated broker, with established under reputable FCA and CySEC regulations. However, we want to remind you that trading on margin is a high risk. Finally, trading stats, like the most volatile or traded assets, are available on the broker’s platform. When you sign up for Capital.com, you’ll need to choose your base currency from either the U.S. dollar, the Euro, or the British pound. The best currency for you is the currency of the markets you plan to trade.

Capital.com review

Licenses – Unfortunately, capital.com is not licensed in as many tier 1 jurisdictions as we typically like to see when reviewing our brokerages. Although this does not necessarily make them unreliable, it is certainly something we hope to see progress over time. The Financial News and Features section is filled with well-presented, up-to-date analytics and fundamental analyses. The overall quality of the content, the comprehensive analysis, and the research’s educational value far exceed its competitors. This research material correlates with videos presented on the Capital.com TV platform. Another thing about the Capital.com live chat support is that you cannot initiate a new chat and there is no way to end the chat and connect with a new agent except you clear the cache for your browser.

One downside of the web trader is that you cannot set any price alerts. The minimum deposit amount is €20/$20/£20/1500RUB/100PLN, except for a wire transfer with a minimum deposit of €250. It has low spreads on Forex and Stocks CFDs and excellent customer support. On the downside, it is missing some common products such as Options and Bonds.

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