Capital.com Review – Is It Safe and Legit?

Capital.com is an award-winning broker that was founded in 2016 and is headquartered in the UK, Australia, Cyprus, and Belarus. It has licenses from the FCA, CySEC, ASIC, and NBRB. The broker is dedicated to providing the greatest trading experience ever through its unique, AI-enabled technology. It's a fast-emerging leader in the Europe-based leveraged trading market, known for its wide range of assets and high-quality 24/7 customer service.To get more news about capital.com pros & cons, you can visit wikifx.com official website.

But is Capital.com really the best out there? We’ve run the reputable broker through our criteria to provide you with a clear answer, and by the end of this unbiased review, you should be able to make a decision on whether you should invest with Captial.com or look for a better alternative.

Capital.com has proven to be one of the most competitive, reliable brokers, with fewer major flaws than many other brokers. Some of the many aspects to love about it are that it’s heavily-regulated, it has a low minimum deposit ($20), AI technology-driven trading platform, attractive fees, highly competitive spreads, useful educational material, and excellent customer support.

Capital.com has a lot more pros than cons, no one can argue with that. In the following table: we summarized all the aspects where Capital.com excels as well as the aspect where it falls short:

There are many good brokers out there that strongly compete with Capital.com, the broker outperforms them in some aspects, but falls behind in other ones. Check the following table to get a bigger idea about how Capital.com compares to five of the best brokers in the industry.

Capital.com offers new users a smooth and quick account opening process. To open a Capital.com account, go to their official website or download the mobile app and fill out a registration form you’ll be asked to provide personal information (your name, phone number, nationality, place of birth, date of birth, and country of residence). You’ll have access to a genuine account in the currency you picked at registration and a demo account once you finish the registration process.

To start trading with a real money account, you must first fund and verify it. The verification process is similar to other trading platforms and involves uploading all the needed documents.

You have access to the same CFD trading account type that Capital.com offers to all clients. Individual accounts are available as standard accounts on Capital.com. You can also create a corporate account, but you'll have to contact customer service to do so. Capital.com divides its clients into 2 categories: retail and professional. You start off as a retail client, but you can upgrade to a professional client later on.

Many clients will use the broker to trade CFDs because it has an attractive minimum deposit of $20, which makes Capital.com’s trading account one of the most affordable accounts compared to rivals.

Qualifying clients at Capital.com can upgrade to a professional account, and clients from the UK can choose a tax-free spread betting account. However, you must ask yourself first whether you meet the criteria for a professional account, which grants you more leverage in exchange for a lower level of protection, and if you're a UK-based or Ireland-based client who’s qualified for a tax-free spread betting account.

Capital.com also provides a share investing option, which is suited for long-term strategies that do not require the use of leverage. Negative balance protection is guaranteed for retail accounts, although leverage is limited to 1:30. On the other hand, professional traders have larger leverage, but negative balance protection is limited to 1:50, making them risk losing more than their deposit if they go over that.

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. Bear in mind, though, that demo accounts can lead novices to make poor trading decisions, especially if the account virtual funds are large. It may also result in false expectations about the trading environment.