Ideal for day traders, Capital.com has an app available for both Apple and Android smartphones, and trading is always commission-free. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. Overall, the Capital.com web platform is a great choice for nearly all types of traders, balancing ease of use with a variety of rich features. It ranks closely behind platform offerings from the best forex brokers in this category.
Capital.com Alternative Brokers
The Forex broker offers traders a total of over 6,500 tradable instruments, which includes everything from currency pairs, to cryptocurrencies and stocks. However, keep in mind that depending on your xcritical location, there might be certain limitations on the availability of assets. This policy is aimed at ensuring that no matter what happens in the market, your account balance will never go into negative territory. When using leverage for trading, if the broker is not offering negative balance protection, traders can lose more money than they have, leaving them indebted to the broker.
Empowering Traders with User-Friendly Choices
Based on our research, Capital.com works with a variety of payment service providers that ensure your possibility to cover a wide range of deposit methods. Leverage levels are usually defined by several factors as this tool increases the initial trading size you may operate and results in the potential to magnify your gains. However, along with its great capabilities, leverage increases risks too, making it possible to lose and gain a bigger amount in parallel. Capital.com offers a selection of more than 1,000 stocks for share trading. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights, in the commission-free Capital.com account. While MT4 is available, Capital.com does not offer clients MetaTrader 5, which is another very popular platform.
According to their prediction, these traders are making speculative contracts with brokers. If their idea about future price movements is correct once the deadline of the contract comes, you will be able to make xcritical courses scam profits. However, if you end up making the wrong prediction, you will lose your position. CFDs stand for “contracts for differences” and are very popular instruments that allow individuals to trade different types of assets without having to directly invest in them.
Unveiling a Modern Trading Experience
After this, you will also have to provide the broker with a copy of a utility bill or other legal document showing your address that was issued over the past three months. After this, your account will be reviewed and if all checks out it will be activated. It usually takes around one business day to verify an account on Capital.com.
Our team has comprehensively reviewed Capital.com, and found it to be a great choice for both forex and CFD traders, especially given its excellent overall assessment in our rigorous testing process. It is well-suited for traders xcritical official site looking for a variety of investment options and competitive fees. It also offers video guides and market news, which can be used by traders to stay connected with ongoing events.
Capital.com Opening an Account
Like almost all international brokers, US-person clients cannot open trading accounts at Capital.com. MT4 offers more flexibility and is ideal for testing EAs or different trading strategies. I want to caution that demo trading may promote wrong trading behaviour for beginner traders, especially if the account balance is excessive. When you are looking for a Forex broker, there are many things that should be kept in mind and considered. One of the most important factors is to find a Forex broker that is able to provide you with numerous different trading platforms to ensure you have the opportunity to find something that fits your needs the best. In order to understand how competitive this Forex broker really is, it is a good idea to compare the fees and commissions charged by Capital.com with other leading brokers available in the market.
The trading platforms are compatible with both Windows and Mac operating systems, providing multi-device access for flexibility and convenience. Capital.com maintains a fee structure that aligns with its commitment to a user-centric trading experience, offering traders a clear breakdown of fees for informed decisions. Trading with Capital.com involves zero commissions (other fees apply), competitive spreads, and complete fee transparency. Trade execution costs are embedded within the spread, representing the buy-sell price difference, ensuring clarity without hidden charges.
The company prioritizes regulatory compliance and employs robust measures to ensure the security of clients’ funds and personal information. The only requirement to do so is being a verified customer by having submitted your proof of identity and proof of address before any withdrawal occurs. Additionally and if the amounts deposited or withdrawn are large, Capital.com may present other requirements such as proof of source of funds. Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Capital.com multilingual support (supports 24 languages worldwide) is available with the service the trader requires daily which is also on a very sustainable and professional level.
- Based on our findings and test, Capital.com offers some of the tightest spreads on the market, such as the EUR/USD is listed as low as 0.6 pips.
- The market variety is vast, the costs are low and the platform is easy to navigate whether you’re using the app or web version.
- However, it’s important to note that some of the products we discuss are from our partners.
- All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor.
The most likely reason why you can’t withdraw from Capital.com is due to an issue with your verification process. Capital.com being a regulated broker by several governmental bodies is required to comply with several laws and especially those related to AML (Anti money laundering). If you correctly verify your identity by providing your ID, proof of residence and proof of funds (only if requested to do so) then most likely your withdrawals will be processed without an issue. Yes, Capital.com charges overnight fees on leveraged positions and spreads. Overall, we believe it’s a great platform for beginner and intermediate traders.
Because the broker is regulated by so many agencies around the world, it would be fair to say that it is among the safest brokers available in the market. However, when compared to other leading brokers, it should also be noted that the broker is not regulated by as many agencies as others. Yes, clients can withdraw funds via both the web platform and mobile app and expect to receive their funds within five business days. With more than 2,700 markets available, Capital.com’s offerings are tough to beat.
Its commitment to providing a safe and efficient trading environment is complemented by a focus on technological advancement and customer education. The offerings from Capital.com in platforms and tools are highly recommended. It provides both MetaTrader 4 and its own proprietary platform, catering to diverse trading needs and preferences. The Forex broker is regulated by several tier-1 agencies and is able to offer traders a safe and secure trading environment. Because of this and many other reasons that we have already discussed above, we are able to say that Capital.com is a legit and secure Forex broker.