Capital.com Review for UK Traders
Hw legit is this broker?
!! Regulator Warning !!
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Problematic deposit methods especially in Africa. I think they should support more African payment methods like MPESA, Kora Pay, etc. However, they are a good broker with smooth tradingview connectivity
FCA Regulated forex broker with $10 minimum deposit & $20 minimum withdrawal
| 👨 Broker | Capital Com Online Investments Ltd |
| 👨 Trading Name | Capital.com |
| 👨 Accepts UK Traders? | Yes |
| 📅 Year Founded | 2016 |
| ⚖ Regulators | FCA UK, SCB Bahamas |
| ⚖ Firm Reference No. | 793714 |
| ⚖ Investor Protection | FSCS |
| 💰 Minimum Deposit | $10 |
| 💰 Minimum Withdrawal | $20 |
| 📈 Ways to Trade | CFD & Spread Bet |
| 📈 CFD Instruments | Forex, Stocks, Indices, Commodities, Crypto, ESG |
| 🚀Leverage | 1:30 |
| 🔎Auditors | |
| 💻 Platforms | MT5, TradingView, Proprietary Mobile App & Web Trader, API |
| 📋Account Types | Standard Account Only (Sub-Accounts Allowed) |
| 💱Account Currency | GBP,EUR,USD, AUD |
| 📞Live Support | 24/7 |
| 🏖️ Inactivity Fee | $10 after 1 year of dormancy |
| 😭CFD Traders Who Lose Money | 85.24% |
| ✅Reason To Trade | |
| ❌Reason To Avoid |
Regulation - 10/10
Is Capital.com Legit?
Capital.com is legit because it is regulated by the Financial Conduct Authority (FCA) here in the United Kingdom. Their Firrm Reference Number is 793714.
Capital.com is also a member of the Financial Services Compensation Scheme (FSCS) in the UK so investor protection up to 85,000 GBP is available incase they go bankrupt.
Funding & Withdrawal - 7/10
Capital.com Minimum Deposit
Capital.com minimum deposit is 10 USD/GBP/EUR/CHF for traders in the UK.
Capital.com Minimum Withdrawal
Capital.com UK has a 20 USD/GBP/EUR/CHF minimum withrawal limit for traders in the UK. However, if you must withdraw below this $20 limit, then you have to emty your trading account by withdrawing the entire account balance.
Capital.com Funding & Withdrawal Methods
- Local UK Banks
- Cards (Visa/Master/Maestro)
- Google Pay
- Neteller
- Skrill
- USDT
Capital.com Withdrawal Time
Capital.com withdrawals via local UK banks, GPay, Skrill & Neteller are instant. Other withdrawal methods like international bank transfer, USDT etc. can take up to one week.
Account Types - 5/10
Capital.com only offers one type of account which is the Standard Account only so you dont get ECN or Raw Accounts here.
Account Management - 6.5/10
Account Currencies
USD, EUR, GBP, MXN, AUD, PLN, CHF, HKD & AED account currencies are available.
Number of Trading Accounts Allowed
You can only open one trading account per personal area but you can open additional sub-accounts in different base currencies.
Margin Call & Stop Out
if your margin level falls to 75% you will receive a margin call alert to deposit more funds. If you margin level falls to 50% then the broker will start closing your trades so as to free up more margin.
Negative Balance Protection
Capital.com trading accounts are prevented from slipping into negative balance due to the Negative Balance Protection feature offere by the broker.
Range of Markets - 8.7/10
1. Forex CFDs & Spread Bet
100+ forex CFDs are available for trading with live pricing for enhanced transparency.
2. Index CFDs & Spread Bet
40+ indices CFDs are available and these include Nasdaq, US30, US500, UK100 etc.
3. Commodity CFDs & Spread Bet
60+ Commodities such as XAU/USD, Oil, Nat Gas, Copper, Agricultural Commodities, Livestock, etc. are available.
4. Crypto CFDs & Spread Bet
100+ Cryptocurrency CFDs are available for trading including Bitcoin, Ethereum, Ripple, Trump Coin, PEPE etc.
5. Stock CFDs & Spread Bet
Over 4,000+ Stock CFDs from US, UK, Asia, Australia, Europe etc. are on offer with live pricing.
Capital.com Fees - 6.5/10
Spread
For popular currency pairs like EUR/USD, spreads start from 0.6 pips at Capital.com. For popular indices like nasdaq, the spread is around 1.8 pips and XAU/USD spread is around 3.0 pips.
Capital.com does not charge commissions so it makes it income basically from the spreads.
Overnight Fees
Any CFD trades you leave open till the next day will attract overnight swap fees. Unlike some other brokers, Capital.com does not do swap-free instruments.
Withdrawal Fees
No, Capital.com does not charge withdrawal fees.
Inactivity Fees
Yes, a $10 inactivity fee is charged on any Capitl.com trading accounts that have not been used for one year.
Platforms - 7/10
1. MT4
The MT4 platform is available as a web, mobile and desktop platform.
2. Capital.com Mobile App & Web Trader
you can also trade on Capital.com custom platforms which come as a mobile app and web trader.
3. TradingView
you can connect your Capital.com trading account to the TradingView super charting platform and trade from there. TradingView charts load faster and are more advanced that MT4.
Tools - 6/10
1. API Tool
Capital.com API is free and works with their demo account also, making backtesting better.
APIs let apps talk to each other, so you can build a trading robot and connect it to Capital.com API so that it can extract live price information, price history of instruments etc. and feed to your robot.
2. Profit & Loss Calculator
The P&L calculator tool works with past and present dates so it can estimate how much P&L you would have made trading an instrument today or at a past date. This is great for backtesting procedures.
Customer Support - 6/10
Live Chat
You can reach out to a Capital.com agent via live chat 24/7 but wait times can reach 10 minutes.
Submit A Request
this feature is equivalent to sending an email to Capital.com and you can access it from their website under the support tab.
Beginner Education
Capital.com beginner education is available on their website but it comes mosty as text format as there are no learning videos, which makes it less interactive.
Final Verdict - 7.5/10
Capital.com is one of our best forex brokers for experienced traders.