About the company:

Capital.com is a dynamic fintech group with locations in London, Cyprus, Gibraltar, and Australia. Their goal is to offer retail and business clients the ability to trade on a variety of financial marketplaces while also utilizing unique artificial intelligence technology.

Information about the company

The company was established in 2016. They serve more than 500,000 customers in more than 50 countries. Clients will be able to trade CFDs and other derivatives on currency pairings, commodities, stocks, and other indices through the company’s platform, which will incorporate artificial intelligence to aid in continual learning and decision making.

Their offices are located in Gibraltar and Australia, respectively. Capital.com is divided into sections that are regulated by CySEC, ASIC, the Financial Services Authority of Singapore (FSA), and the Financial Conduct Authority of the United Kingdom (FCA).

Trading platform

The move from web to mobile is seamless, allowing for a broad range of technical analysis without crowding the screen with extraneous information.

Although experienced investors may wish to access more detailed information, charts, and analysis tools, this simple interface is a wonderful way for consumers to trade CFDs.

Assets/Markets

There is a wide variety of markets and asset classes that Capital.com users can trade with:

• 28 items
• Over 400 cryptocurrencies (not available to UK customers)
• 138 currency pairs.
• 23 indices
• over 5000 individual shares.

You can also speculate on CFDs in various asset classes.

Spreads and commissions

The firm has the lowest spreads on the market compared to many competitors—for example, one of the most liquid currency pairs, EUR/USD, is about 0.6 pips.

Low spreads are used by the company. Fees and trading costs will vary depending on the market; complete details can be obtained on the website.

Mobile applications

The broker features a fully functional web platform as well as a fantastic mobile app (CFD trading app) (designed for iOS and Android).

It is available for free on the App Store. They’ve also created Investmate, a spin-off app that serves primarily as an educational platform and is available for download on iOS and Android.

Trading account replenishment methods

A trading account can be replenished in a variety of ways. Bank transfers, credit or debit cards, iDeal, Giropay, QIWI, ApplePay, Webmoney, and a lengthy list of other popular e-wallets are all available to users (the full list is available in the FAQ section of the website).

You can use pounds sterling, euros, zlotys, or US dollars to fund your account. Capital.com keeps broker and customer bank accounts separate, offering an extra layer of security.

According to CASS guidelines, an FCA-regulated firm keeps separate bank accounts for the broker and the client. There is no charge for withdrawals.

Demo account

There is also a demo account accessible. Users can choose the platform they want to work on after registering.

Regulation and licensing

CySEC, FCA, FSA, and ASIC all regulate corporations. Several respectable newspapers have featured the broker (such as The Guardian and City AM). Traders can put their trust in this platform.

Traders can establish stop losses based on their risk tolerance.

Account Types

The broker offers three main types of accounts.

• CFD account
• Master account
• investment account

While all accounts have the same basic characteristics, the perks differ based on the account type. The minimum deposit is €20 by card or €250 by bank transfer. Clients who open an investment account get a completely free stock investment service with low spreads. This account allows European traders to trade equities utilizing market data directly from the exchanges with no commissions, transaction fees, or markups.

Benefits

One of the primary features that distinguish Capital.com from its competitors is its commitment to user education.

Traders may learn from their mistakes faster than with traditional trading platforms because of the use of artificial intelligence to deliver wiser and more actionable information.

Other appealing aspects include the user interface’s simplicity and functionality, as well as the lack of transaction commissions.

Flaws

Depending on the type of account that users have, the initial deposit can be more than the competition.

Furthermore, some traders may choose straightforward (or more traditional) brokerage services that do not include supplementary newsfeeds or training sites.

Some traders may benefit from MT4 integration, but it is not available to UK clients.

Trading hours

The platform is available 24 hours a day, seven days a week, though market opening times differ based on the asset class you desire to trade — a crucial component of trading to remember.

More information about the respective operating hours can be found on the website.

Customer Service

The broker can be reached by phone, chat, or messenger 24 hours a day, 7 days a week. You can also send an email with your request. As a result, users have several choices for contacting assistance. The website also contains a comprehensive FAQ section that covers a wide range of topics.

On their website’s “Contact Us” page, you can find a complete list of contact information.

Safety

The company is reputable, and full identification verification is required before transactions can begin.

Their website complies with data protection requirements by processing your data by the GDPR.

In countries where it does not work,

United States, Canada, Japan, Turkey, Belgium, Pakistan, Iraq, Iran, North Korea, Palestine, China, Afghanistan, Syria, Somalia, Botswana, Bahamas, Ethiopia, Ghana, Sri Lanka, Tunisia, Trinidad and Tobago, Minor Outlying Islands of the United States, Yemen, Portugal.

Conclusion

Overall, Capital.com is a fantastic alternative for investors who want to use brokerage services.

The platform is simple to use, and the mobile apps provide a lot of features. The broker is an excellent place to start for investors who want to learn about financial markets, strategies, and economic situations.