Capital.com is a CFD brokerage owned and operated by Capital Com SV Investments Ltd, which is a Cypriot firm registered under number 354252 and regulated by the CySEC under licence number 319/17. Interestingly enough, there is no address listed on the webpage for this brokerage. However, in their Terms and Conditions, they list the address: 6th floor, Lophitis Business Centre II, 237, 28th October Street, Limassol, PC3035.
They also have a UK branch (CAPITAL COM (UK) LIMITED), located at 4th Floor 64-66 Vincent Square, London, United Kingdom, SW1P 2NU and a Gibraltar branch located at Unit 5.24, World Trade Centre, 6 Bayside Road, Gibraltar GX11 1AA, Gibraltar.
Is Capital.com a Scam?
At first look I couldn’t find any red flags, so this brokerage seems legit, with an active regulation license and enough transparency to make them trustworthy. They offer information about three of their addresses and about their Directors, which by the way check out from various sources. However, the brokerage went live in mid-2017 so they are fairly new to the scene, so some caution should be used, as with any investment venue.
Why Capital.com Doesn’t Suck in 50 Words
The prolific Bitcoin is available to trade on a fully regulated and trustworthy brokerage. Lately tons of brokerages have started to offer Bitcoin trading but many of them are unregulated and – I have to say it – shady. It’s a great chance to see a regulated CFD brokerage that offers Bitcoin. Just remember that Bitcoin trading doesn’t fall under the CySEC regulation.
Why Capital.com Sucks in 50 Words
Actually I had to look quite hard to find their web-based trading platform. Everywhere I looked they were only talking about their mobile platforms for Android and iOS, and although I finally found the web platform, I realized that Capital.com is focused more on offering a mobile app. That’s not really a bad thing but the normal (web-based) platform could use more features.
Should You Open An Account With Capital.com?
The brokerage went live somewhere in the middle of 2017 and although they offer a web-based platform, they are clearly focused on mobile CFD trading. Both platforms are easy to use and the website itself is well built, with easily accessible information and tons of education material.
Deposits start at 5 USD and Capital.com actually recommends you start with a minimum deposit before making larger investments. This is a 180-degree change from the “old” Binary Options brokerages that recommend you to start with 2K or more. Depositing low in the beginning is actually the smart thing to do and if they allow you such a small amount, why not do it; well, maybe you’ll want to deposit more than 5 bucks if you want to get a real feel of the market.
The education section offers online courses, which are actually helpful to a beginner, not just a rant about how much money you can make and how easy it is to trade. They also have a section dedicated to Daily market updates, including Bitcoin news but also fiat currency, commodities and stocks updates. Let me tell you, that’s a lot of content and it is really updated every day, so kudos to them.
Overall Capital.com looks and feels like a well-oiled machine and nothing like a scam. I like the large amount of information available on their website… but I would like to see more focus on the desktop platform because I am not a big fan of trading on my phone. Anyway, people are different and they look for different things in a brokerage, so if you are into mobile trading, I believe Capital.com offers a great tool.
So far the only complaint we could find was coming from a client who says that “due to lack of experience and not reading the small print, I lost almost 700.00 pounds in one day”. Look, I am sorry for the loss, but trading is not for everyone and if you are not prepared to put in the work, you cannot complain afterward. Other than this, the internet is pretty much blank when it comes to complaints against Capital.com.
There are no bonuses or promotions currently offered by Capital.com. They are regulated by CySEC, which is an authority that clearly expressed their disapproval regarding bonuses, so that is probably the reason why you won’t get a bonus from Capital.com.
The processing time is usually 24 business hours and the methods are credit/debit cards, wire transfers and a multitude of e-wallets including Webmoney, Neteller, Skrill and many others. The fee for withdrawals is 2 EUR but they will not charge for wire withdrawals.
Trading Bitcoin with Capital.com
A big focus of the new breed of brokerages such as Capital.com is Bitcoin in special and cryptocurrencies in general. They offer CFD trading on Bitcoin, Ethereum, Litecoin, and Ripple (against EUR and USD) but you have to remember that you will be trading CFDs on these assets. You will not buy them! Make sure you understand the difference. The leverage they offer is 1:2, which is low but it protects you from bigger losses.
User Friendliness 15/20
The website is translated into 9 languages, is well built and the information is easy to find. Both platforms (mobile and web/desktop) are easy to use but unfortunately, they don’t offer a Demo account. However, the minimum investment is just 5 USD so I don’t think there’s need for a Demo.
Range Of Markets, Spreads And Leverage 15/20
Capital.com offers CFDs on 11 indices, a few hundred stocks, 4 cryptocurrencies (Bitcoin, Ethereum, Litecoin, and Ripple – all versus USD and EUR), 7 commodities and 24 currency pairs. The leverage goes up to 50:1 for fiat currencies and 2:1 for cryptocurrencies. The spreads are floating and vary depending on market conditions.
Deposits And Withdrawals 17/20
The minimum deposit is just 5 USD and the methods are credit/debit cards, wire transfers, Sofort, iDeal, Giropay, Multibanko, Przelewy24, QIWI, Webmoney, Trustly, Neteller and Skrill. Capital.com charges a 2.5% fee for deposits but there’s no fee for wire transfers above 250 USD. The time to process requests is 24 business hours.
Fees And Support 16/20
Capital.com will charge 2.5% to deposit money and 2 EUR to withdraw money. Also, you will have to pay all your bank’s charges but that’s normal. Support was fast to respond and answered my questions straightforward.
Bitcoin news articles updated daily and Bitcoin trading with a focus on mobile platforms.
Capital.com Overall Ratings: 76 + Regulated (+3) = 79/100