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Capital Com (UK) Limited is authorised and regulated by the Financial Conduct Authority (FCA), under register number 793714. There is another company – Capital Com SV Investments Limited – that is regulated by Cyprus Securities and Exchange Commission (CySEC) under license number 319/17.
Capital.com offers more than 2,000 instruments for trading distributed as Currency pairs, Commodities, Indices, Shares, ETFs and Cryptocurrencies. There are real-time quotes of the most traded instruments displayed on the homepage. The average spread of EUR/USD is below 1 pip and that for Bitcoin is around $35.
The company has developed its own trading platform that is web-based and according to the website, it has already been awarded. Customers can download mobile versions from the AppStore and GooglePlay. More than 70 technical indicators, multiple trading charts and some tools for technical analyses and drawing are incorporated there. Unfortunately, clients are not given the opportunity to trade with one of the world’s best platforms – MetaTrader 4 or MT5.
Capital.com offers a selection of three accounts – Standard, Plus and Premier. They differ by the minimum deposit, which is USD3,000 for Plus account. However, the minimum deposit for the Standard account is 20 EUR, 20USD or 20GBP. The maximum leverage complies to the ESMA requirements and it is 1:30 for major currency pairs. Customers can make their deposits by card, Bank Wire Transfer and plenty of e-wallets.
In general, all types of client’s orders can be executed at a significantly worse price compared to the initially set. Slippage usually occurs when the market is volatile and there is a price gap. However, Capital.com provides a useful feature – guaranteed stop loss order that will be fulfilled at a requested price, regardless the market condition. Because the company guarantees the close price, there is a fee charged when the Guaranteed Stop Loss Order is triggered.
The Order execution policy shows that Capital Com (UK) acts as a Straight Through Processing (STP) broker and all the client’s positions are transferred for execution to the other company from the family – Capital Com SV Investments, which is regulated by CySEC and acts as a market maker. There is protection against a negative balance, so customers cannot owe money to this broker.
A large separate section called Learn to trade is dedicated to education and of assets offered is explained there. A huge glossary and training courses are also available.
There is some financial news that can be read from the homepage, but the information is not updated frequently and there are a few lines only per day. However, major currency pairs and commodities are analysed for free. An economic calendar is available as well.
As a conclusion, if you don’t mind the lack of the MT4 platform, Capital.com provides all the necessary trading conditions it can be chosen for. Another thing to mention is that all deals are processed by a subsidiary, which means Capital.com may be considered as a market maker.