The Cyprus Securities and Exchange Commission (CySEC) and Financial Conduct auothority (FCA) are some of the most reputable financial services regulators in Europe and one which is also adored on a global scale. Capital.com is a well-regulated broker that offers online in Forex currency pairs, CFDs and precious metals through their own proprietary platform under competitive conditions. The company is regulated by both CySEC and the FCA, which gives it a lot of credibility.
FCA, CySEC apply certain rules and requirements to regulated firms, which are not as stringent as those in the US, for instance, however they provide a good level of credibility. Besides, licensed brokers are required to keep customer funds in segregated accounts, separated from the company’s operating funds.
As a further guarantee to clients’ funds, all companies regulated in UK and Cyprus are covered by compensation schemes as additional guarantee to clients funds. All deposits with a UK regulated forex broker up to £50,000 per client are guaranteed by the Financial Services Compensation Scheme (FSCS) – UK’s statutory compensation scheme for clinets of authorised financial services companies. Similarly, Cypriot Investment Firms are members of the Investor Compensation Fund, which is able to pay compensation up to 20,000 EUR, If the company is in default.
MT4 is an internationally acclaimed trading software, offering a full array of trading tools and features: more than 50 built-in technical indicators, advanced charting package, a wide range of Expert Advisors (EAs) and extensive back-testing options for them. Traders can download ready-made or create their own EAs and let the program do all the work, no human emotions involved.
Although Capital.com provided their own in-house platform, it may lack some of the analytical capabilities of the desktop version of the world’s most popular forex trading platform MetaTrader4 (MT4).
ESMA’s latest requirements, insures that Forex brokers offer leverage up to 1:30, however, professional traders are allowed to use higher ratios, reaching 1:200.
Higher leverage levels can allow you to take bigger positions, with less capital to back them up. This can be devastating, if miss-used. Be sure to fully understand the risks involved with margin trading, before participating in it.
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Capital.com Review
Capital.com is an European based Forex and CFD broker, which is offering products to enhance your trading experience. Capital.com is run by two companies in Europe. Capital Com (UK) Limited is registered in England and Wales with company registration number 10506220. Authorised and regulated by the Financial Conduct Authority (FCA), under register number 793714. Capital Com SV Investments Limited is a Cyprus Registered Company with Company Registration Number HE 354252. Authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), under license number 319/17. They have offices in major financial hubs in Europe.
London, UK
Located at the centre of one the leading financial centres in the world, our London
4th Floor 64-66 Vincent Square, London, United Kingdom, SW1P 2NU
+44 203 870 3087
Limassol, Cyprus
Home to our legal, compliance and customer service teams.
28 Oktovriou, 237 Lophitis business centre II, 6th floor Limassol, Cyprus, 3035+357 22 008191
Gibraltar, Gibraltar
The residence of our marketing team.
Unit 5.24, World Trade Centre, 6 Bayside Road, Gibraltar GX11 1AA, Gibraltar
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Review Summary
Overall
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Trust
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Trading Cost
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Forex Trading Platform
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Assets and Leverages
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Transparency
Verdict
Proclaimed “The world’s biggest markets”, Capital.com offers trading services through a well-established and proven online platform, aimed at more than 2,000 trading instruments. The tradable instruments are currently broken up into three distinct markets: Forex, Share, Commodities, Crypto currencies and Indices. Their 68 Forex pairs, 19 commodities, 29 crypto currencies, 22 indices as well as 2039 shares to trade online and in mobile.
Pros
- Excellent regulation
- Competitive spreads
- Many payment methods
- Solid web platform
Cons
- MT4 not available
Expert Score
Here at ForexBrokerExpert.com , we have reviews of many Forex brokers and trading software with expert score of 1-100. The number one item we check when reviewing a broker to see if they are a scam is a valid tier-1 license.
The reason smart people online invest with a licensed broker, is because there are many investment scams online. By using a licensed and regulated broker, you know your money is safe, and the company is monitored by the governments regulators.
Trust Comparison
| Criteria | Capital.com | FXTM | XM | BDSwiss |
|---|---|---|---|---|
| Founded | 2016 | 2011 | 2009 | 2012 |
| Publicly traded | No | No | No | No |
| International Locations | 2 | 4 | 4 | 3 |
| International offices | 3 | 6 | 4 | 3 |
| Grade1 License | 2 | 2 | 3 | 1 |
| Grade 2 License | 0 | 2 | 1 | 1 |
| Grade 3 License | 0 | 0 | 0 | 0 |
| Trust Score | 79 | 89 | 90 | 80 |
Capital.com Commission and Fees
Forex account types
| Account type | Minimum deposit | Maximum leverage | Average Spreads |
|---|---|---|---|
| Standard | $100 | 1:30 | 0.6 (+commission N/A) |
| Plus | $3000 | 1:30 | N/A |
| Premiere | $10000 | 1:30 | N/A |
The basic difference between the retail and professional account type is that the professional account leverage is up to 1:200.
Commission and Fee comparison
| Broker | Minimum deposit | Min. trade size | Maximum leverage | Average Spreads |
|---|---|---|---|---|
| Capital.com | $100 | N/A | 1:30 | from 0.6 (commission N/A) |
| XM | $5 | 0.01 lot | 1:500 | from 0.1 pips |
| FXTM | $10 | 0.01 lot | 1:500 | from o pips |
| BDSwiss | $200 | 0.01 lot | 1:500 | from 1.0 pips |
The minimum deposit is apparently a little higher than at FXTM and IQ Option, though it is safe to say they are still well within industry standards. Currently, they are in the $100 range for the most basic account, which is indeed rather massive for those looking to explore the world of currency trading.
Capital.com Trading Platform
The Capital.com trading platform comes in form of trading app and web based platform. The App is available in android and iOS. The platform’s design feels intuitive and pleasant, and it offers a good selection of technical analysis indicators.
Trading Platform comparison
| Features | Capital.com | XM | FXTM | BDSwiss |
|---|---|---|---|---|
| MT4 | No | Yes | Yes | Yes |
| MT5 | No | Yes | Yes | Yes |
| Mobile App | Yes | Yes | Yes | Yes |
| Web based | Yes | Yes | Yes | Yes |
| Desktop platform | No | Yes | Yes | Yes |
| In-house platform | Yes | No | No | No |
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Capital.com Deposit/Withdrawal methods
Deposit are in the form of bank transfer, credit/debit card, Neteller, Skrill, Sofort, iDeal, Giropay, Multibanko, Przelewy24, QIWI, Webmoney, Trustly, 2c2p, or Astropay.
Deposit and withdrawal comparison
| Deposit Methods | Capital.com | XM | FXTM | BDSwiss |
|---|---|---|---|---|
| Bank wire | Yes | Yes | Yes | Yes |
| Credit cards | Yes | Yes | Yes | Yes |
| Debit cards | Yes | Yes | Yes | Yes |
| Popular E-wallets | Yes | Yes | Yes | Yes |
Compare Capital.com
When comparing the CFD and Forex brokers, it is always important to check that your broker is actually licensed to operate in your country. There are many brokers to choose from, but ultimately, traders only use the legitimate brokers with a high expert score.
FXTM is a unique broker, because they don’t have annoying high pressure salesmen!
They are a very large broker that is regulated in multiple jurisdictions, see here.
Our best advise for you
Finding a dependable Forex broker is becoming increasingly difficult as the demand for a way to make money online become more and more pronounced.
This is due to the fact that many scammers have realized that most investors lack the general knowledge to make educated decisions regarding Forex investing, which has resorted in con-artists launching illicit and unlicensed brokers nearly at will.
With these facts in mind, we believe your best bet would be to only conduct business with brokers that reflect an overly abundant sum of positive reviews and that are regulated within your local jurisdiction.