Editor’s Verdict

Capital.com offers traders cutting-edge trading tools, AI-assisted trade analysis, a competitively priced commission-free pricing environment, and a well-balanced asset selection. The key question I have focused on answering in this review is whether the Capital.com’s trading environment delivers an edge with its advertised tight spreads and fast order execution. Is Capital.com the right broker for you?

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Overall
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Fees
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Deposit and withdrawal
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Asset selection
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Ease of account opening
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Regulation and security
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Pros
  • Excellent Forex and cryptocurrency selection

  • A competitive commission-free pricing environment

  • Award-winning proprietary trading platform alongside MT4

  • High-quality educational section built around Investmate

Cons
  • Leverage for FCA/CySEC clients restricted to 1:30

  • Limited deposit and withdrawal methods for many international clients

Overview

Capital.com - A leading Forex and cryptocurrency broker with excellent trading conditions

HeadquartersCyprus
RegulatedCySEC, FCA, ASIC
Year Established2016
Execution TypeMarket Maker
Minimum Deposit$20
Trading Platforms(s)MetaTrader 4, Proprietary platform, Web-based
Signals
US Persons Accepted?
Islamic Account
Segregated Account
Managed Accounts
Support Hours24/7
Customer Supportemail-support chat-support
Demo Account

I like that Capital.com does not ignore the benefits of MT4, the market leader in algorithmic trading and used by tens of millions of traders globally, despite also offering a cutting-edge proprietary trading platform.

Capital.com – Key Takeaways

  • Excellent Forex and cryptocurrency selection, ranking among the best industry.
  • Competitive commission-free pricing environment, deep liquidity, and fast order execution.
  • Cutting-edge proprietary trading platform alongside MT4.
  • In-depth analytics, market commentary, and Capital.com TV.

Capital.com Main Features

Retail Loss Rate
75.26%
Regulation
Yes
Minimum Raw Spreads
Not applicable
Minimum Standard Spreads
0.6 pips
Minimum Commission for Forex
Commission-free
Commission for CFDs/DMA
Commission-free
Commission Rebates
Not applicable
Minimum Deposit
$20
Demo Account
Yes
Managed Account
No
Islamic Account
No
Inactivity Fee
No
Deposit Fee
Third-party
Withdrawal Fee
Third-party
Funding Methods
43 (availability dependent on location)

 

Regulation and Security

Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders to check for regulation and verify it with the regulator by checking the provided license with their database. Capital.com presents clients with three well-regulated entities.

Country of the Regulator
Name of the Regulator
Regulatory License Number
UK  
Financial Conduct Authority (FCA)
License Number 793714
Cyprus
Cyprus Securities and Exchange Commission
License Number 319/17
Australia  
Australian Securities and Investments Commission (ASIC)
License Number 513393
Belarus  
National Bank of the Republic of Belarus (NBRB)
Registration Number 193225654

Reasons I prefer the Cyprus subsidiary:

  • Broadest deposit and withdrawal options.
  • Negative balance protection.
  • Segregation of client deposits from corporate funds, namely with RBS in the UK and Raiffeisen Bank in Austria.
  • Accounts audited by Big Four accountancy Deloitte, one of the most well-known and respected financial auditors globally.
  • All transactions adhere to the PCI Data Security Standards.

Note that several of these benefits are also available through other subsidiaries.

What is missing?

  • Higher leverage and flexible trading conditions for retail traders.
  • Third-party insurance.
  • Details about the core management team.

Noteworthy:

  • The Cyprus subsidiary offers an investor compensation fund up to 90% or €20,000 of deposits but more restrictive trading conditions.
  • The UK subsidiary offers an £85,000 compensation fund plus an option to return its regulatory environment to the pre-ESMA crackdown on leverage and bonuses.
  • Capital.com has a clean regulatory track record.
  • Transparent broker with all necessary documents published on its website, including Pillar 3 disclosures and Key Information Documents (KID).

More than 788,000 traders trust Capital.com with their deposits and portfolios, and Capital.com remains highly ranked on Trustpilot, Google Play, and the Apple App Store.

Capital.com Regulators

Fees

Commissions/SpreadsSpread
Withdrawal options
  • :
  • Deposit options
  • :
  • I rank trading costs among the most defining aspects when evaluating a Forex broker, as they directly impact profitability.

    Capital.com offers traders one cost structure:

    • Commission-free trading costs start at 0.6 pips or $6 per 1 standard lot.
    • Capital.com levies swap rates on leveraged overnight positions only on the borrowed amount for cryptocurrencies, shares, and thematic investments, resulting in a competitive pricing advantage.
    • Swap rates apply on the entire position value for Forex, commodities, and indices.

    Noteworthy:

    • Capital.com offers tight spreads and fast order execution, making overall trading costs cheaper versus most competitors.

    Here is a screenshot of Capital.com live quotes during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads:

    Capital.com Live Forex Quotes

    How does the Capital.com pricing environment benefit traders?

    I recommend traders consider the following:

    • The 0.6 pips commission-free minimum spread at Capital.com ranks on par with most of the competitive commission-based offers.
    • Commission-free equity CFDs with tight spreads result in higher profits for traders.
    • Swap rates remain lower than the industry average and apply only on the borrowed amount for select asset classes, making longer-term trading less expensive.
    • The absence of currency conversion fees makes trades quoted in a currency other than the account base currency cheaper, a notable benefit when trading Forex.

    What is missing at Capital.com?

    • A volume-based reward program that lower trading costs further.

    The average trading costs for the EUR/USD in the commission-free Capital.com account:

    Average Spread
    Commission per Round Lot
    Cost per 1 Standard Lot
    0.6 pips
    $0.00
    $6.00

    Noteworthy:

    • Spreads at Capital.com are tight, confirming the availability of deep liquidity, ideal for scalpers and high-frequency traders.

    One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs.

    Noteworthy:

    • Capital.com levies swap rates only on the borrowed amount for cryptocurrencies but the entire position value for Forex trading.

    MT4 traders can access swap rates from their platform by following these steps:

    1. Right-click on the desired symbol in the Market Watch window and select Specification.

    2. Scroll down until you see Swap Long and Swap Short.

    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.

    Taking a 1 standard lot buy/sell position, in the EUR/USD at the average spread and holding it for one night will cost the following:

    Minimum Spread
    Commission per Round Lot
    Swap Long
    Swap Short
    Total Trading Costs
    0.6 pips  
    $0.00
    -$6.440
    X
    $12.440
    0.6 pips  
    $0.00
    X
    $1.265
    $7.265

    Taking a 1 standard lot buy/sell position, in the EUR/USD at the average spread and holding it for seven nights will cost the following:

    Minimum Spread
    Commission per Round Lot
    Swap Long
    Swap Short
    Total Trading Costs
    0.6 pips  
    $0.00
    -$45.080
    X
    $51.080
    0.6 pips  
    $0.00
    X
    $8.855
    $14.855

    My additional comments concerning trading costs at Capital.com:

    • Capital.com does not list currency conversions costs
    • An inactivity fee does not exist

    What Can I Trade

    I like the well-balanced asset selection at Capital.com, especially its exposure to the Forex and cryptocurrency markets, where traders get choices of 138 and 205 assets, respectively. Capital.com also offers exotic currency pairs like the Mexican Peso, Belarusian Ruble, Hungarian Forint, or Thai Bhat, to name a few. It makes Capital.com a market leader in both sectors as a duo.

    Capital.com offers most traders an excellent equity CFD selection, consisting of large-cap and mid-cap companies.

    What is missing?

    • I would like small-cap alternatives and ETFs, but the overall asset selection remains notably more diversified versus most competitors.

    Asset List and Leverage Overview

    Commodities
    Metals:
    Indices
    Stocks
    CFDs
    Oil
    Gold
    ETFs

    Capital.com Leverage

    Retail traders at Capital.com get maximum leverage up to 1:30 at all four operating subsidiaries. Professional traders get access to 1:500, but negative balance protection only applies for leveraged accounts up to 1:50, making it a high-risk approach which I cannot recommend.

    Also noteworthy about Capital.com leverage:

    • Negative balance protection is given, ensuring traders never lose more than their deposit, applicable to all retail trading accounts.

    Capital.com Trading Hours (UCT Server Time)

    Asset Class
    From
    To
    Cryptocurrencies
    Monday 00:00
    Sunday 24:00
    Forex
    Sunday 22:05
    Friday 22:00
    Commodities
    Sunday 23:05
    Friday 22:00
    European CFDs
    Monday 08:00
    Friday 16:30
    US CFDs
    Monday 14:30
    Friday 21:00

    Noteworthy:

    • Equity markets open and close each trading and are not operational continuously like Forex and cryptocurrencies

    I recommend the following step for MT4 traders to access trading hours:

    1. Right-click on the desired symbol in the Market Watch window and select Specification.

    2. Scroll down until you see Sessions.

    Account Types

    Capital.com offers the same CFD trading account type to all traders. A professional account upgrade is available to qualifying traders, and UK-based clients may opt for a tax-free spread betting account. A share investing option is also available, ideal for long-term strategies without using leverage.

    Traders must decide the following:

    • Do they qualify for a professional account, unlocking higher leverage for less protection?
    • Are they eligible for a tax-free spread betting account (the UK and Irish traders)?

    My observations concerning the Capital.com account types:

    • Most traders will trade in CFDs at Capital.com, available from a minimum deposit of only $20, making it one of the most accessible accounts across the industry.
    • Algorithmic trading and copy trading are available in the MT4 trading platform.
    • MAM/PAMM accounts for traditional account management is not available.
    • Capital.com offers spread betting to eligible traders.
    • Long-term investor will benefit from the share investing account, where 1,000+ assets await.
    • Retail accounts get 100% negative balance protection, but not more than 1:30 leverage.
    • Professional traders get higher leverage but negative balance protection only up to 1:50, and traders may lose more than their deposits.
    • Capital.com does not offer Islamic accounts.
    • Corporate accounts are available via Capital.com Prime.

    My recommendations:

    • Unless traders reside within the UK or Ireland, making them eligible for tax-free spread betting, the CFD account remains the best option.
    • Investor should opt for the unleveraged share investing account.
    • Professional traders should limit their maximum leverage to 1:50.

    Capital.com Demo Account

    Unlimited demo accounts are available 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. It can also create unrealistic trading expectations.

    My recommendation:

    • MT4 offers flexible deposits, and traders should select one of a similarly sized balance to what they plan to deposit in a live trading account.

    Trading Platform

    Capital.com developed its proprietary web-based trading platform, a cutting-edge solution for manual traders, also available as a highly rated mobile app. Algorithmic traders get the trusted MT4 trading platform, which also comes with an embedded copy trading service. Traders may use MT4 as a desktop client, a web-based alternative, and a mobile app.

    The cutting-edge features of the proprietary Capital.com web-based trading platform are:

    • In-depth technical analysis
    • Actionable trading ideas
    • Financial articles
    • Seamless multi-chart toggling
    • Personalized watchlists
    • Hedging and risk management tools
    • TradingView
    • AI-powered post-trade behavioral analysis

    What is missing?

    • MT4 add-ons are unavailable, leaving traders with the core MT4 version and a sub-standard trading solution.
    • No API trading to connect advanced trading solutions to the Capital.com infrastructure.
    • VPS hosting is not available.

    My observations:

    • Manual traders should use the proprietary Capital.com trading platform, as it presents a superior solution to MT4.
    • Algorithmic and copy traders must trade with the MT4 desktop client, as it remains the only one supporting both trading styles.

    Overview of Trading Platforms

    Platform Languages
      • English
  • OS Compatibility
      • Mac
      • Windows
      • Linux
      • Mobile
      • Web
      • iPhone
      • iPad
  • Charting Package
    Scalping
    Hedging
    Mobile Alerts
    E-mail Alerts
    Guaranteed Limit Orders
    Guaranteed Execution
    One-click Execution
    OCO Orders
    Interest on Margin
    Web-based Trading
    Mobile Trading
    MT4
    MT5
    cTrader
    Proprietary Platform
    Automated Trading
    Guaranteed Stop Loss

    Unique Features

    Capital.com executes exceptionally well in its core trading environment. I rate this as a feature worth noting. The Capital.com TV webcast also offers exceptional value and offers traders excellent videos covering a wide range of trading-related content. 

    Capital.com TV

    Research and Education

    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.

    Investmate is at the core of the educational platform at Capital.com, available for Android and iOS devices. I also recommend the five lessons presented on the website, consisting of numerous sub-categories, with a quiz to conclude each topic.

    Another high-quality educational resource is the Capital.com official YouTube channel. Traders get 675 videos, updated regularly, with 126K subscribers, including free 30-minutes webinars hosted by David Jones.

    My takeaways:

    • Capital.com deliver quality content, comprehensive analytics and includes educational value within the research sector for a competitive trading service available to clients and non-clients alike.
    • Besides the well-executed Capital.com TV stream, beginner traders get quality content from the News section, divided into numerous sub-categories.
    • Investmate remains one of the best educational platforms industry-wide, with 30+ interactive courses.

    My recommendations:

    • Traders may rely on the quality research at Capital.com to confirm their trading signals.
    • MT4 has thousands of EAs, and traders may explore them to determine if they suit their trading style.
    • Traders should seek additional information from trusted third parties free of charge for a more comprehensive overall educational approach.
    • The glossary provides a valuable list of terminology.

    Customer Support

    Support Hours24/7
    Customer Supportemail-support chat-support
    Website Languages
      • English
      • Hungarian
      • Polish
      • Swedish
      • Bahasa
      • Thai
      • Portuguese
      • Russian
      • Chinese
      • German
      • French
      • Italian
      • Spanish
      • Other
  • Customer support is available via live chat, e-mail, eight phone numbers, or webform. Capital.com states it offers 24/7 customer support.

    Capital.com Customer Support

    Capital.com explains its products and services well, ensures flawless operations, and notes its system status. I doubt traders will require customer support, but it I readily available.

    My recommendations:

    • Traders should read the FAQ section before reaching out to a customer service representative.
    • Capital.com provides phone support, ideal for urgent matters.
    • Live chat is the most convenient option for non-critical issues.

    Bonuses and Promotions

    At the time of this review, Capital.com neither offered bonuses nor promotions. I want to note the quality affiliate program, allowing traders to create a passive income stream. A $250 refer-a-friend program is also available for casual referrals.

    Capital.com Partnership Program

    Opening an Account

    I like the initial step of opening a Capital.com, taking less than ten seconds to complete.

    Capital.com Account Opening

    It requires only an e-mail address and password, and traders may use their Facebook, Google, or Apple accounts to sign-up.

    Capital.com conducts a source of funds check, which many brokers do not require. Traders may also have to fill out an unnecessary questionnaire, all due to regulatory requirements.  It may discourage some traders, but limits exist, which require no proof.

    Account verification is mandatory, and most traders will complete it after sending a copy of their ID and one proof of residency document.

    Minimum Deposit

    The minimum deposit for the Capital.com account is only $20.

    Payment Methods

    Capital.com offers bank wires and credit/debit cards to most international traders. Depending on the geographic location, localized options exist. EU/EEA traders also have access to ApplePay, PayPal, 2C2P, Sofort, Ideal, Giropay, Multibanco, Prezelewy, Qiwi, Webmoney, and Trustly.

    Accepted Countries

    Capital.com caters to most international traders and does not list restrictions on its website. Like almost all international brokers, US-person clients cannot open trading accounts at Capital.com.

    Deposits and Withdrawals

    All financial transactions take place in the secure back office of Capital.com or via the mobile trading app.

    My observations:

    • Most deposits and withdrawals remain free of charge, but third-party processing fees may apply.
    • Capital.com does not list a currency conversion fee.
    • Capital.com processes all withdrawals within 24 hours, but it may take up to five business days for funds to arrive, depending on the payment processor.
    • Most international traders can only deposit via costly bank wires or credit/debit cards.
    • EU/EEA traders have access to many online payment processors.
    • Not all deposit and withdrawal methods are available to all traders, dependent on the location.
    • Capital.com offers more deposit methods than withdrawal options, resulting in costly bank withdrawals.
    • The minimum deposit is $20 or a currency equivalent.

    My recommendations:

    • Traders should select the payment processor with the lowest fees for regular use.
    • I also recommend checking the costs from the payment processor to the bank account unless a debit/credit card is available.
    • It is ideal to use an option besides the bank or credit/debit card used for day-to-day financial operations.

    Capital.com Deposits

    Capital.com Withdrawals

    Bottom Line

    I like the trading environment at Capital.com, especially for Forex and cryptocurrency traders, as the asset selection and trading costs remain excellent. Beginner traders get a high-quality educational platform and Capital.com valuable competitive in-house research. Capital.com also caters to asset management firms via its Prime Capital division. Capital.com TV is a hidden gem, and the competitive Capital.com’s high-quality trading environment deserves serious consideration by committed traders.

    Capital.com Broker Alternatives & Comparisons

    FAQs

    Is Capital.com legit?

    expand.png
    Capital.com is a legit broker operating with oversight from four regulators. In its relatively short history, Capital.com has established itself as a reliable brokerage.

    How do you trade on Capital.com?

    expand.png
    Traders can either download the proprietary mobile app, use the webtrader, or the MT4 desktop client.

    Is Capital.com suitable for new traders?

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    Beginner traders get a high-quality educational platform, making Capital.com ideal for new traders.

    Can you trade shares at Capital.com?

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    Capital.com offers a selection of more than 1,000 stocks for share trading.

    About the Author

    DailyForex.com Team
    The DailyForex.com team is comprised of analysts and researchers from around the world who watch the market throughout the day to provide you with unique perspectives and helpful analysis that can help improve your Forex trading.