New Capital.com broker review – updated July 7th, 2020.
Capital.com is a exciting fintech firm with offices in both London and Gibraltar, in addition to a study center in Minsk. Their goal is to let retail and industrial customers trade across many different financial markets, and use patent-pending AI technologies to offer investment ideas and advice.
Capital.com was set up in 2016. They’ve upwards of 300,000 customers and operate in more than 50 nations. They plan to allow customers to trade CFDs and other derivatives on Forex pairs, commodities, stocks and other indices, and leverage artificial intelligence inside their platform to assist with continuing education and decision making money.
They are active in London, Belarus and Cyprus. Capital.com is among a select few CFD trading platforms that’s completely compliant with the regulations set by the European Security and Markets Authority (ESMA), shielding investors cash with leverage of up to 200:1 (based on the kind of account customers have).
Capital.com will also be trading partner to the dominant La Liga soccer team, Valencia Cf, in Spain.
Capital.com as a trading platform is quite intuitive to use: there’s always been a true focus on user experience from the development group. The experience of moving out of the web based program to smart phones is easy, offering a comprehensive degree of technical investigation without overpowering the display space with too much unneeded information.
This simple to use interface is a great gateway to trading CFDs for consumers, although seasoned investors may need access to more detailed statistics, graphs and analysis.
Assets / Markets
You will find a extensive choice of markets and asset categories for consumers to exchange around with Capital.com:
- 18 commodities
- 29 cryptocurrencies
- 68 Forex pairs
- Different indices
- Virtually 1700 individual stocks.
You could even speculate on CFDs to get a selection of asset classes.
Spreads & Commission
In comparison with many competitions, Capital.com provides some of the tightest spreads now on the market — for instance, among the most liquid currency pairs is EUR/USD and it is approximately 0.6 pips. Capital.com does not charge commission on transactions, and prices are charged if positions have been held open overnight. The particulars of the charges will be dependent on the marketplace — complete details are seen on the website.
Capital.com is completely compliant with all the ESMAs leverage demands over several asset classes;
- 30:1 for major currency pairs
- 20:1 to get non-major currency pairs, gold and important indices
- 10:1 for commodities aside from gold and non-major equity indices
- 5:1 for individual stocks along with other reference worth
- 2:1 to get cryptocurrencies
These leverage rules are set up to restrict the danger a trader presumes — this is very critical for new dealers, since overextending your position without adequate funds can be particularly risky. Negative equilibrium protection is counted upon in Capital.com, so the dealer can’t lose over the sum they deposit.
Dealers may also make an application for a pro account to get high levels of leverage, but that necessitates proof of trading expertise and adequate trading capital.
Capital.com has a web-based system, and an superb smartphone application (CFD Trading Program ) with complete functionality (designed for iOS and Android).
It is available to download directly from the app shop. In addition they have developed another program named Investmate, which is primarily an educational addition, which is available to download both iOS and Android.
Different payment options exist in Capital.com. Users can generate a bank transfer, use either a debit or credit card, iDeal, Giropay, QIWI, Webmoney, and also a very long list of other favorite e-wallets (the complete list can be found from the FAQs section on the site ).
Capital.com divides bank accounts for agents and customers, including an excess layer of safety. Skrill and Neteller may be used for deposits following the first deposit. You can have accounts in GBP, Euros, Zlotys and US Dollars.
On registering, users may create a decision which platform to keep on.
Capital.com do not have some apparent promotions or deals running, but that really is an indication of the potency of this trading platform — there is no need to rely on introductory supplies, which for many platforms have a tendency to fall under the class of ‘gimmicks’ more frequently than under the pretense of useful capabilities.
Regulation And Licensing
Capital.com is incredibly reliable. Capital.com was featured in many respectable books (like The Guardian and City AM). This is a platform dealers can trust. Downside is shielded and it’s simple to place stop losses based upon your personal attitude to risk. Capital.com is compliant with ESMA regulations and even FCA.
Capital.com puts artificial intelligence in use to help traders make better trading decisions, offering customized information feeds instead of the usual ‘one size fits all approach’, spotting biases emerging in patterns of transactions and offering corrective guidance, in addition to a whole slew of additional instructional offerings.
They also offer you comprehensive webinars, and access to a economic calendar so dealers may expect crucial market moving events.
Capital.com provides three comprehensive accounts types in two categories, Retail and Professional. The account forms are:
Though all accounts have the core attributes, benefits vary dependent on the particular kind of accounts used, and also the minimal deposit rises – from $100 for its Standard all the way up to $10,000 for Premier. Professional accounts admit a certain level of trading expertise to be able to acquire access to more complicated tools and margin.
The consumer instruction angle is just one of the main differentiators between Capital.com and its competitors. Implementing artificial intelligence for more smart, actionable insights signifies dealers have the chance to learn from their mistakes considerably quicker than with conventional trading platforms.
This attribute meets an enormously significant user requirement: for up to date, important news concerning their own positions. The ease and performance of the user interface is just another appealing feature, in addition to the absence of commission charged on transactions.
The initial deposit may be greater than their rivals’, based on what type of account users possess. Additionally, some dealers might choose simpler (or more conventional ) brokerage solutions, without the further news feed or studying programs.
MT4 currently isn’t available at Capital.com.
The platform is currently available to use 24/7, although marketplace opening times will fluctuate based on what asset type you are seeking to exchange — a significant aspect of trading to recall. You may find more info about applicable opening times on the site.
Contact Details / Client Support
Capital.com are readily available to be contacted 16 hours per day, 7 days per week on the telephone, through an in-website chat window, or even via messenger. You could even email an inquiry by means of an internet form. So, there are numerous alternatives out there for consumers to get in contact with the service staff. There is also an extensive FAQ section on the site covering several vital points.
Security and safety
Capital.com is a very secure platform, using comprehensive levels of identity and account verification needed to start trading. The site is quite secure, and always updated to ensure the security and safety of consumers. Concerning information security, Capital.com are completely GDPR compliant.
Our Capital.com Verdict
In general, Capital.com are a superb alternative for investors considering using a brokering service. The agent is totally controlled and protected by different authorities, utilizes the most recent technologies to improve user experience and provides exceptionally attractive spreads.
The system is easy to use and also the cellular programs boast impressive performance. For investors seeking to educate themselves on financial markets, processes and financial requirements, Capital.com is a fantastic place to get started.
Capital.com only accepts dealers from Argentina, Austria, Bahrain, Armenia, Bulgaria, Chile, Croatia, Cyprus, Czech Republic, Germany, Estonia, Finland, Georgia, Germany, Gibraltar, Greece, Hungary, Iceland, Indonesia, Ireland, Italy, Kuwait, Latvia, Liechtenstein, Lithuania,, Mali, Mexico, Monaco, Oman, Netherlands, Norway, Pakistan, Philippines,, Portugal, Qatar, Romania, Sierra Leone, Slovakia, Spain, Sweden, Switzerland, Thailand, United Arab Emirates, United Kingdom.