Our opinion on the capital.com site. Did you want it? We are going to talk about this trading site that we like. Are you interested in crypto trading and the stock market in general? You may already be using a trading platform and you may have heard of Capital.com? Well, if that’s the case, that’s great!
We already told you about the platform Capital.com and in this article, we are going to dig a little deeper into the subject. We will see what we can do on this trading platform and see why it is very interesting. We will also see the advantages and disadvantages of this platform.
Since its creation in 2016, Capital.com has become increasingly present in the world of trading. Always gaining customers and gaining notoriety, the Capital site is becoming a must in the industry.
Now we will see how Capital.com may be interesting for you depending on your profile and your objectives.
This article will help you know if it is the right platform for you.
Presentation of Capital.com, a company with many awards
First, let's start at the beginning. Capital.com is therefore a CFD broker that has existed since 2016 and is based in London. Being based in England, the company is under the authority of European financial authorities. Like most trading companies, remember that the company still has subsidiaries elsewhere in Europe such as Cyprus and Belarus.
That said, Capital.com is approved by the FCA and Cysec; This is how we have the guarantee that this is a reliable broker that we can trust. Since its launch, the company has continued to grow in terms of notoriety and customer acquisition. Today, Capital.com is one of the best trading platforms on the market.
This isn't just a subjective opinion we're writing casually. In fact, the company has received numerous awards and recognition from industry professionals.
We can see for example that Capital.com received the most innovative broker award in 2018, as well as the award for best online trading platform in 2019.
The company announces that it has around 800 customers in more than fifty countries. The site is in fact translated into several languages including French and can be used on a computer or on its mobile application.
Concretely, on Capital.com, we have access to more than 3000 available markets with more than 2500 stocks, 142 currencies, 34 listed indices, 54 commodities and of course, the essential peers of Forex and cryptocurrencies.
We therefore have a complete broker, with many assets available, with a simple interface and a legal company under a European financial authority. So far, we are dealing with a solid and reliable company.
What are the particularities of Capital.com?
Now that we have seen the presentation of the company, it is time to take a look at the functionalities and particularities of the broker, as such.
It is in this paragraph that you will better know if this broker is right for you.
Already, what we can say is that Capital.com has the most sophisticated, most popular tools for traders. That said, it's normal, you tell me. A broker who wants to stay in the race must constantly update himself and offer the best possible trading experience.
In fact, everything has been designed so that the trader (beginner or experienced) can benefit from all the tools required to trade optimally.
In addition, here is what you can find and use on Capital.com:
? The calendar of events : This is the classic tool widely used by traders as you know. Whether we do technical or fundamental analysis only, the calendar and agenda of economic events remain essential to better understand the markets.
? TV Capital.com : Here again, it is a tool that is increasingly used and offered by online trading brokers. The TV Capital.com shows are quite interesting and accurate. Useful in any case if you want to better understand precise analyses.
In fact, Capital.com provides its clients with online trading courses and free mini training courses. It's always good to learn, especially if you want to improve your trading skills.
There are other modern tools like Artificial Intelligence, which is increasingly used by trading brokers. In the same way that High Frequency trading (with robots) has integrated trading, it is the same with AI. However, we are still at the beginning of this technology applied to trading. Still, Capital.com offers a trading option with artificial intelligence.
? A demo account : We tell you and repeat often on this blog, training is essential to learn how to trade properly. Many beginners start too quickly without trying to improve.
? Customer service available: All brokers must have responsive and available customer service. In theory, this is true, but in the real world, it turns out that we often have the right to a chat bot robot. However, with Capital.com, customer service accessible 24/7 is made up of real people and real employees. If you have any questions, you will have support who speaks your language.
What assets can you invest in on Capital.com?
As on most classic trading platforms, you can invest and trade on different assets:
✅ Forex:
This is indeed the basis. Trading forex, that is to say currency pairs, is indeed often the royal road for beginners. It is even the largest volume in terms of trading. On Capital.com, you can trade the main currencies as well as so-called exotic currencies. You will be spoiled for choice, even.
✅ Actions:
Want to buy Tesla, Amazon, Nike or Apple stocks? On Capital.com, you can easily do this (I show you below how to open an account and start trading securities). The list of stocks available is very wide and varied on this broker. You can invest in more than 2000 stocks from more than 14 different countries! It would be difficult not to find the stock that interests you. In addition, on the platform, these are grouped according to whether they are the most traded, the most volatile or the best rated. This can help you select stocks based on these criteria, for example.
✅ Raw materials:
Would a trading platform really be a trading platform if it did not offer the possibility of trading commodities? Of course, on Capital.com you can trade classic commodities like gold or oil. You can choose from more than 50 products; Which is very high compared to other platforms.
✅ The clues :
Like commodities, indices are among the most basic offerings of online brokers. On Capital.com, you can invest in 34 of the world's most famous indices. The most well-known American, Asian and European indices are available. Obviously, we find the famous S&P, the Nikkei, the DAX or the French CAC 40.
✅ Trade cryptocurrencies
On this blog we talk exclusively about cryptocurrencies, right. And if we are talking to you about Capital.com, it is because it is a broker on which you can trade cryptocurrencies. The largest cryptocurrency pairs are listed on the platform. You will be able to trade Crypto/FIAT pairs like BTC/USD for example or crypto to crypto pairs like BTC/XRP for example.
? Important Note : As you probably already know, on trading platforms like Capital.com, you do not buy cryptocurrencies directly. Basically, you don't have a wallet dedicated to cryptocurrencies. What you are doing, when you trade cryptocurrencies, is actually as CFDs. If you want buy cryptocurrency, it must be done on specialized exchange platforms such as Binance for example.
Likewise, if you ultimately want to use trading bots, then this is not a suitable site for this.
What are Capital.com fees and commissions?
Yes, when you want to choose your trading platform, we are not going to lie, most of the time, it is the fees and commissions which are the number 1 criterion that we take into account.
In fact, if Capital.com is one of the leading platforms in its field, it is mainly thanks to the lowest fees and commissions on the market.
? Indeed, there are no opening costs, nor account closure. The broker clearly specifies "0% commissions" and this is a proven fact. There are no fees on:
- money deposits on the platform
- investments on all assets
- withdrawals to your bank account.
This is certainly what explains the success of this platform, it’s obvious. Likewise, let us point out here that unlike its competitors, Capital.com only charges overnight fees for fees based on leverage rather than on the overall value of the position. Not bad is not it?!
And then you wonder how the broker gets paid, right? This is a completely legitimate question. Like all trading platforms, Capital.com is paid with spreads. It is through purchase/sale margins that the platform is remunerated. In fact, when you initiate a new position, you "pay" the margin, which is, in effect, the difference between the buy and sell prices.
Let's see how spreads work on Capital.com:
On capital.com, spreads differ depending on the type of financial asset you choose to trade. For example, stocks are traded from 0,25% of the security's value. As for forex, pairs are traded with a spread of 0,6 pips. For commodity spreads, the fees are between 0,4 and 0,8% of the contract value. Finally, for indices, these carry a spread fee of 0,35%.
We can understand that Capital.com remains very accessible for all trader profiles. There is no commission and the spread fees remain lower than what you can see on other platforms.
What accounts can you open on Capital.com?
I imagine that now you're more eager than ever to open an account on Capital.com, right? Well, don't worry, I'll get to that very quickly.
Before that, we will explain the different types of accounts that you can open on the platform. There are, in fact, 4 types of accounts that you can create:
- A demo account : The demo account is more suitable for beginner traders, that’s a fact. If you are actually starting trading and want to be a crypto trader or a classic trader, you will need to train. It’s undeniable to train and learn to master yourself.
- Le Standard Account : This is certainly the most popular type of account on the platform. Up to a deposit of 3000 euros you have a standard account. You have limited leverage but sufficient for this level. You have protection against negative balances with this standard account.
- Account Plus : We move up in this type of account. We can already talk about a professional account at this stage and it is for people who have deposited a minimum of 30000 euros. For a fairly experienced trader
- Le Premier Account Pro: I think it's useless to tell you that this is the ideal account for experienced traders. To have access, you must have deposited a minimum of 10000 euros. There, you have the right to much greater leverage and still protection against negative balances.
Now we have seen the different types of accounts that one can open on Capital.com, it is time to know how to open an account on Capital.com and simply sign up.
How to open an account on Capital.com?
This is the same mechanism as on every trading platform when it comes to registration. You'll see, it's really very simple.
Step 1: Register on the site
Of course, this is the beginning, just click here and register. On the site, click on "trade now". There, you have to enter basic information like your name, first name and password.
Step 2: Fill in your personal details and deposit your first funds
As in all platforms, the second step consists of entering your personal data. It is a regulated platform and therefore, it is an obligation for all customers to legally register on the platform. In fact, this is how you can easily and instantly withdraw your winnings later.
The good thing about this broker is that you can deposit funds in several different ways via various payment methods. You can send by bank transfer, use prepaid cards like Sofort or even pay directly by bank card. This will greatly facilitate your trading, that's a fact.
Personally, I deposited via credit card, it is indeed the fastest. The deposit is made instantly and you can start trading immediately afterwards. There are no fees from Capital.com but your bank may charge you a fee (check with your bank).
I would like to clarify here that for withdrawals, you can receive them directly on a bank card or by bank transfer.
Step 3: Open your first trading position.
To open your first position, all you need to do is first choose the type of asset that interests you. For example, you can choose stocks or cryptocurrencies or another asset of your choice.
As you see below on the screenshot of my interface. You need to click on “Trade” to find your asset of choice (cryptocurrencies, Forex, index, etc). Then on the right tab, you have the choice to adjust the parameters of your position.
So much for Capital.com's explanation. Now we can look in summary at what are the disadvantages and advantages of this broker.
What are the advantages and disadvantages of Capital.com
Now let's look at the pros and cons of Capital.com as a trading platform.
| ? The advantages of Capital.com | ? The disadvantages of Capital.com |
|---|---|
– A minimum deposit of 20 euros (which is rare on platforms) – Simple position openings with a pleasant and modern interface. – 0% commissions on account opening fees – No commissions on transactions – Responsive customer service available 24/7 – A company regulated in Europe and a site translated into French | – Cryptocurrency trading is done via CFDs – There is no integration with the MT4 platform |
Our final opinion on Capital.com
That's it, our article on our opinion on the Capital.com broker ends and we hope that we have provided the information you were looking for.
What we can say to conclude is that it remains a leader among trading sites online and we understood the reasons that explain its success. Capital.com is a reliable site where you can practice trading whether you are a beginner or an experienced trader.
In addition, the interface and ergonomics of the site are truly modern and successful. This improves the overall user experience and can mean a lot in the end.
Finally, the absence of fees which makes Capital.com one of the cheapest platforms on the market definitely makes it a first choice platform!
Frequently Asked Questions on Capital.com
You can use Capital.com on the computer version or on your smartphone. It can be used on Android and iOS.
You can deposit a minimum of 20 euros but be aware that a decent account (to receive interesting winnings, a deposit of minimum 250€ is recommended.
There are no fees on the platform except for spread fees.
If you choose a transfer to your bank card, this is immediate. If you chose a bank transfer, it may take up to 3 business days.
To open your account, you will not be asked for your identity documents straight away but for a withdrawal, this will be necessary. You will simply need to send a scan of your ID card. The company regulated by authorities cannot use your personal data under any circumstances.
Yes, all adults can register on the site and start trading immediately.
Obviously and according to financial authorities, Capital.com is a reliable and serious site.
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To buy cryptocurrencies (simple way):
- Go on Bitpanda (Simple and accessible platform)
- Speaking on Binance (Complete crypto trading platform)
To generate interest on your cryptocurrencies:
To secure your cryptocurrencies:
To have fun and play
- The best for Esport and sports betting: CloudBet
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