Lastly, capital.com will attempt to discern your level of education before opening your account. As you know, trading in the financial markets is a risky activity and so capital.com attempts to ensure that its users have a basic understanding of the capital markets prior to opening an account. The broker offers a pretty wide range of instruments traders can choose from based on their needs and use Capital.com’s user-friendly portal to benefit from trading.
- It ranks closely behind platform offerings from the best forex brokers in this category.
- If, however, you chose to be regulated offshore or in Australia then no funds protection is offered.
- This should be easier for those who are used to trading Forex as it is similar in practice.
- As a retail client money is fully segregated from the broker funds and is kept separately and safely with world-leading banks.
- If you use a credit/debit card, they will transfer money back to the card you used.
- 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.
Another shame is that they don’t offer support for the MT4 trading platform which could put off some advanced users. However, the platform is easy to use and the mobile applications provide excellent functionality. The platform’s comparative analysis feature allows traders to benchmark their strategies, while advanced risk management tools ensure a secure trading environment. Capital.com’s commitment to education xcritical website is evident through structured courses, videos, articles, glossaries, and webinars. Additionally, the broker continually enhances its demo trading experience to help traders refine their skills without risking real capital. 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.
Assets & Markets
Opening an account with Capital.com is a straightforward process designed to provide traders with a seamless start to their trading journey. The broker’s user-friendly interface and step-by-step guidance make the application process easy even for beginners. Capital.com further enhances its support services by maintaining a comprehensive FAQs section and help center, which offers swift answers to common queries and provides valuable self-help resources.
- Let’s say you opt to focus on auto stocks, only the auto industry experiences a major shakeup in the coming year that causes share prices to plummet.
- Account segregation is a very important policy that ensures the safe storage of the traders’ funds.
- However, we want to remind you that trading on margin is a high risk.
- One of the biggest advantages of Capital.com is that the broker charges very low fees.
Unlike the web-based platform, you can set alerts and notifications on this mobile-based platform. Just choose the asset and select the price level for which you want to get notifications. Because there are no currency conversion fees, trades quoted in a currency other than the account base currency are less expensive, which is a significant advantage when trading Forex.
Forex Trading Details
Capital.com has a professional team of customer support specialists, who are always ready to provide reliable and useful information to clients. On the website of Capital.com, under the section Learn to Trade, you can find a wide array of educational opportunities. Here they offer traders everything from simple guides about market basics, to a comprehensive and detailed overview of hard-to-comprehend concepts. Depending on the type of account you are using, you will be required to deposit different amounts of money. Usually, the minimum deposit to open an account on Capital.com requires a deposit of $20.
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. Once you are done with the first step, you will have to move on to the verification of your account. This is aimed at ensuring that every single client of the broker is a legitimate trader. To create a live account on Capital.com, you should start by clicking the Trade Now button on the left side of their home page.
All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. Capital.com also offers downloadable trading software compatible with Windows as well as Mac operating systems. Read our full explanation and accounting of our research and testing process to learn more about how we test. Yes, based on your detected country of NL, you can open an account with this broker.
How to Open an Account
Along with this platform, traders get access to over 75 technical indicators, multiple trading chart types, and extensive drawing tools. The broker offers multi-channel support, including a user-friendly live chat feature accessible on the Capital.com website and trading platforms, enabling real-time communication with knowledgeable support agents. Traders can also communicate via email, which provides a documented record of inquiries and responses. Although there is no phone helpline available, support agents and account managers can initiate calls to clients upon request. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
I do not have enough experience to…
Trading cryptocurrencies on Capital.com is possible thanks to CFD trading, which means that traders do not have to worry about holding the underlying assets. If you are a Forex trader using high leverage, you might sometimes be worried about losing more money than you have in your trading account. To ensure that there are no such scenarios, this broker has adopted a negative xcritical scam balance protection policy. 77% of retail investor accounts lose money when trading CFDs with this provider. Of course, Captial.com provides new users with a risk-free demo account that comes with $10.000 in virtual funds. This gives you the opportunity to introduce yourself to the broker and test your trading strategies to see if the broker fits your trading needs.
If at some point you believe that your account is no longer enough for your needs, you can simply contact the representatives and ask them to change the type of account you are xcritically using. Still, Capital.com is able to maintain the safety and security of its clients. They also have a bank of articles on common issues and questions clients have. The products offered by Capital.com are limited, and what you can trade will be dependent on where you are in the world. Some standard products are not available on Capital.com, such as Options and Bonds. In terms of order types, you can execute market orders, limit orders, take profit and stop losses on Capital.com.
Capital.com group is an award-winning broker with a massive base of +4,000,000 accounts created and operating in over 50 countries. Hi investors, here is our honest review of Capital.com to help you see if it is a good fit for your investing needs. The official YouTube channel of the broker is another excellent source https://dreamlinetrading.com/ of education on Capital.com. You get access to 650+ educational videos, which are updated on a monthly basis, as well as free 30-minute webinars conducted by David Jones. Although the asset options are far more diverse than industry rivals, it’d be great if Capital.com provided small-cap alternatives and ETFs.
Please note that for wire transfers, the minimum deposit requirements may vary. Trading in individual companies is also a viable option, as Capital.com offers a wide range of CFDs on stocks from various global markets, granting traders the chance to trade in their preferred companies. 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. Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Check out our PayPal guide to learn more about using PayPal to deposit funds with your forex broker, and to see our picks for the best forex brokers that accept PayPal.