Capital Review 2022

Forex CFD fees are low and some clients can trade real stocks for free, but stock index CFD fees (spreads plus overnight fees) are high. As a plus, there are no inactivity or withdrawal fees.

How we ranked fees

We ranked Capital.com‘s fee levels as low, average or high based on how they compare to those of all reviewed brokers.

First, let’s go over some basic terms related to broker fees. What you need to keep an eye on are trading fees and non-trading fees.

• Trading fees occur when you trade. These can be commissions, spreads, financing rates and conversion fees.
• Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees.

In the sections below, you will find the most relevant fees of Capital.com for each asset class. For example, in the case of forex and stock index trading the most important fees are spreads, commissions and financing rates.

We also compared Capital.com’s fees with those of two similar brokers we selected, XTB and XM. This selection is based on objective factors such as products offered, client profile, fee structure, etc. Here is a more detailed rundown of Capital.com alternatives.

To have a clear overview of Capital.com, let’s start with trading fees.

All fee-related information was collected between November 1, 2021 and December 10, 2021.

Capital.com trading fees

Capital.com offers low trading fees. 

We know it’s hard to compare trading fees for CFD brokers. So how did we approach the problem of making their fees clear and comparable? We compare brokers by calculating all the fees of a typical trade for selected products.

We selected popular instruments within each asset class:

• Stock index CFDs: SPX and EUSTX50
• Stock CFDs: Apple and Vodafone
• Forex CFDs: EURUSD, GBPUSD, AUDUSD, EURCHF and EURGBP

A typical trade means buying a leveraged position and holding it for one week before selling. In terms of  volume, we chose a $2,000 position for both stock index and stock CFDs and $20,000 for  forex transactions. The leverage we used was:

• 20:1 for stock index CFDs
• 5:1 for stock CFDs
• 30:1 for forex CFDs

These catch-all benchmark fees include spreads, commissions and financing costs for all brokers. Let’s see the verdict for Capital.com fees.

Stock and index CFD fees

Capital.com has high stock index CFD fees, which are mostly higher than those charged by its closesxt competitors.

Capital.com has one of the best account opening processes we’ve ever encountered: it is simple, quick, well-designed and intuitive. We are impressed.

Ưu điểm

• Fast
• Fully digital
• Low minimum deposit ($20 for card)

Nhược điểm

• None

Capital.com accepts clients from all over the world with a few exceptions, most notably the US.

What is the minimum deposit at Capital.com?

The required minimum deposit at Capital.com is $20 if the funds are transferred via credit/debit card, Apple Pay, or PayPal. For bank transfers, the minimum deposit is $250.

Account types

Capital.com offers individual accounts as the standard account. You can also open a corporate account, but you need to contact customer support directly to set this up.

Capital.com categorizes clients as either retail or professional. Even if you are initially categorized as a retail client, you can qualify as a professional client later, which allows you, for example, to trade at higher leverage. To qualify, you have to meet the following criteria:

• 10 trades placed in the previous quarter; these trades have to be relevant with a significant size
• your portfolio exceeds €500,000
• you worked in the financial sector for at least one year

How to open your account

The account opening experience at Capital.com is excellent: it is a smooth ride, quick and easy. Our account was approved within 1 day.

Besides asking you to provide some basic personal and contact information,Capital.com’s account opening process focuses on two things:

First, a few steps into the registration process, you will be asked about your trading experience (such as how long you have been trading); your financial knowledge (via a brief quiz); your financial situation (like your income and savings); and your trading attitudes.

Deposits and withdrawals are free at Capital.com and many options are provided, including Apple Pay or PayPal. However, only four major currencies (USD, GBP, EUR, AUD) and one smaller (PLN) are available.

Account base currencies

At Capital.com, you can choose from 5 base currencies: GBP, USD, EUR, PLN, and AUD.

The selection offered here is similar to XTB’s but lags behind XM’s offering.

Why does this matter? For two reasons. If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you don’t have to pay a conversion fee.

A convenient way to save on currency conversion fees is by opening a multi-currency bank account at a digital bank. These usually offer bank accounts in several currencies with great currency exchange rates, as well as free or cheap international bank transfers. Opening an account only takes a few minutes on your phone.

Capital.com has an easy-to-use and well-designed web trading platform, with clear fee reports and a two-step login. However, the platform has limited customizability and lacks price alerts.

Capital.com has its own self-developed trading platform. Besides, you can also use the MetaTrader 4 platform (not available for UK clients) and TradingView.

The web trading platform is available in many languages.

Look and feel

The Capital.com web trading platform is user-friendly and has a great design. All the important functions, such as search and portfolio reports, can be found easily.

Its biggest drawback is that you cannot customize the platform to your own needs.

Login and security

Capital.com provides a more secure, two-step login option, which is great.

Search functions

The search functions are good. There are pre-set categories where you can search (e.g. US stocks, indices, commodities), but there is also a search bar where you can enter your search terms manually.

Capital.com has group entities that are authorized and regulated locally by authorities, like the top-tier FCA and ASIC. On the negative side, it does not have a banking license and publishes no financial information.

Is Capital.com regulated?

Yes, Capital.com has group entities that are authorized and regulated locally by authorities, like the UK’s Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), and the Financial Services Authority of Seychelles (FSA).

Is Capital.com safe?

To be certain if a brokerage is safe, we highly advise that you check two facts:

• how you are protected if something goes wrong
• what the background of the broker is

How you are protected

Whether you are covered by investor protection and to what amount depends on the legal entity you belong to. You can check out the available countries and regulators in this handy spreadsheet.

Capital.com is a great CFD broker and has entities regulated by top-tier authorities such as the UK’s FCA and ASIC in Australia.

On the plus side, forex CFD fees are low, the account opening is very user-friendly, and customer support is exceptional.

Among drawbacks, stock index CFD fees are high, Capital.com offers only CFDs (equity, index, crypto – the latter not available to UK clients -, commodity, forex) and real stocks as tradable products. Only major currencies are supported as account base currencies and price alerts are not available on the web platform.

As there is no inactivity fee and the account opening is fast, feel free to try Capital.com.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83.45% 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.

How do I deposit money into Capital.com?

You can deposit funds into your Capital.com trading account by bank transfer, credit/debit card, or alternative methods such as Apple Pay or PayPal. Just go to ‘Fund my account’ inside the client area or in the mobile app and choose your preferred method. Capital com charges no deposit fees.

How much does it cost to start Capital.com?

Before you start trading at capital com, you must deposit a minimum amount into your trading account, which is $20 if done by credit/debit card, Apple Pay or PayPal. Once you have made your deposit, it is possible to invest as little as $1 at a time.

Does Capital.com accept PayPal?

Yes, you can use PayPal to deposit money to your capital com trading account if you live in the UK or the European Union.

Below you can find links to all aspects of Capital.com in this comprehensive collection.