For detailed fee information, refer to the charges and fees section on Capital.com’s website. Capital.com is a very low fee trading platform with more than 6,000 assets. With easy to use trading platforms, both new and experienced traders can enjoy trading at Capital.com. Traders choosing to scammed by xcritical use credit or debit cards can also pay using Apple Pay too. Why Apple Pay is supported and not Google Pay or Samsung Pay has not been explained by the broker. Apple Pay, card payments, and PayPal deposits are all processed instantly and should appear in your trading account immediately.
- There are no commissions charged and spreads start from 0.6 pips on the EUR/USD.
- Another shame is that they don’t offer support for the MT4 trading platform which could put off some advanced users.
- The difference in the two positions represents your profit or loss.
- Capital.com charges spread and overnight fees when a trade is opened with leverage.
The most likely reason why you can’t withdraw from Capital.com is due to an issue with your verification process. Capital.com being a regulated broker by several governmental bodies is required to comply with several laws and especially those related to AML (Anti money laundering). If you correctly verify your identity by providing your ID, proof of residence and proof of funds (only if requested to do so) then most likely your withdrawals will be processed without an issue. It should be noted though that professional clients may lose more than they deposit and they are generally not afforded the same level of regulatory protection. When it comes to currencies and commodities, Capital.com’s spreads are definitely amongst the best ones out there in the realm of commission-free brokers. On the other hand, for equities they definitely have a moderate markup applied.
EU/EEA traders also have access to ApplePay, PayPal, 2C2P, Sofort, Ideal, Giropay, Multibanco, Prezelewy, Qiwi, Webmoney, and Trustly. Yes, clients can withdraw funds via both https://xcritical.solutions/ the web platform and mobile app and expect to receive their funds within five business days. The only other cost Capital.com customers might encounter is the overnight fee.
Capital.com Mobile Trading Platform Review
However, it’s important to note that there is an inactivity fee for SCB and CySEC accounts. Capital.com applies an overnight financing fee for holding CFD positions. These fees are subject to variation and apply to every position retained overnight. If you are a U.S. resident, you must only trade with a broker that is licensed in the U.S.
However, there is potential for improvement in enhancing the accessibility and responsiveness of their support representatives. The broker’s trading fees are conveniently incorporated within the spread, ensuring traders know the upfront cost without hidden charges. For currency traders, Capital.com offers an extensive selection of currency pairs, facilitating participation in the dynamic world of forex CFD trading.
Funds Safety & Regulation
All CySec regulated brokers must join ‘The Investor Compensation Fund’ which offers a guarantee of funds of 90% of remaining deposit up to €20,000 in case of firm liquidation. Capital.com caters to most international traders and does not list restrictions on its website. Like almost all international brokers, US-person clients cannot open trading accounts at Capital.com.
Investors can access more than 75 technical indicators, a range of trading charts, and drawing tools too. We found the platform to be highly customisable and it featured several hedging and risk management tools also. The research area of the broker features news and analysis that is regularly updated and can keep traders informed. A detailed economic calendar, as well as access to a range of regular webinars, are also accessible. The minimum deposit is the same with any account type at $20 to open a trading account or £20 for a spread betting account. Profits on these trades are tax-free and the account has a minimum deposit of £20.
Social Trading – Copy Trading
We also revealed two order time limits during our review of Capital.com with Good ‘til Time and Good ‘til Cancel. The Web Trader platform is wonderfully user-friendly and features some great design work. Novice traders will have no problem locating the most important functions such as your portfolio and the ever-important search function. The search bar is a little bit much for new traders in that you can search for terms manually but also click on pre-set categories – which we felt wasn’t entirely necessary for most investors. Customer support from Capital.com includes web-based live chat, email, and a call-back service.
While analysing their online reputation, we were pleased to find a great amount of positive reviews in several web portals. Another option to reach out to the support team is using social media platforms such as WhatsApp, Messenger, Viber, and Telegram for instant communication. In addition, a client may use the telephone number or the support email address.
