Capital.com Review: Is Capital broker legit?
|Regulated by: FCA, CySEC, NBRB|
|Headquarters Country: Cyprus|
|Foundation year: 2016|
|Supported Platforms: Mt4, web trader|
Capital com, a broker that has over 360,000 clients. We decided to check what the reason is. Is this broker really that good, or there is something behind their success? How can a relatively young company get so many clients in such a short period of time?
Read our Capital review 2021 and find out.
Regulation and Security
Capital com is operating from Cyprus under the name Capital Com SV Investments Ltd and has CySEC regulation. The company also has a subsidiary in the UK, Capital Com (UK) Limited, and in Belarus – Capital Com Bel, regulated by the National Bank of Republic of Belarus.
The company is keeping funds on segregated accounts in Royal Bank of Scotland and Raiffeisen bank, which gives us green light at the very beginning.
Capital com is fully compliant with PCI Data Security Standards, which is a guarantee of your personal data protection.
Many reviews are mixing Capital.com with another broker 10-Capital.com, which is unregulated, with many warnings against it. Another not legit broker is Trade Capital, which can be mixed with Capital Com. These brokers may be trying to use Capital com good reputations for their scams. Be careful when registering!
In which countries does this broker work?
The company is accepting clients from everywhere in the world, with the exception of US clients. However, we strongly advise you to check if this broker has the authority to work in your country.
According to its FCA regulation, the broker can provide financial services in the UK, and thanks to CySEC, it can operate within the EEA zone.
Since the company is compliant with the regime of third countries, it can provide its services in Argentina, Armenia, Azerbaijan, Bahrein, Republic of Belarus, Cambodia, Chile, Georgia, India, Indonesia, Kuwait, Kyrgyzstan, Malaysia, Mexico, Monaco, Oman, Pakistan, Philippines, Qatar, South Africa, Switzerland, Tajikistan, Thailand, Turkmenistan, UAE, and Uzbekistan.
What can you trade with a Capital broker?
Broker allows its clients to trade with currencies, commodities, indicies, shares, and cryptocurrencies – over 2000 trading assets are available with this broker.
The main trading platform that the broker is using is the MT4 platform. The platform is available only in English, but company support is available in 15 different languages.
The company is providing trading signals, market analysis, chart trading, and allows scalping and hedging.
The minimum deposit client can make is 20$ for all the payment methods, except wire transfer that requires a minimum of 250$. Payment methods available are debit/credit cards, E-wallets, and wire transfer. When it comes to withdrawals, the same payment options are available.
This broker offers leverage up to 1:30, except for professional account – 1:500.
This broker is insisting on education, along with new technology – AI trading. We find this a bit misleading advertising since you cannot claim to have successful trading AI without proven results. However, it is notable that the broker is trying to be a step ahead of its competition, which is probably a reason for this type of advertising.
Scammed by Capital? What to do?
Despite its amazing reviews, we need to be very cautious. If you had a bad experience with this broker, have any complaints, or got scammed by Capital Com, please contact us immediately so we can help you get your funds back! Do not let a broker scam your hard-earned money.
Is Capital com a good broker?
Capital com is a broker regulated by FCA and CySEC, two top-tier regulators. Also, it is offering a wide range of assets, over 2000, which makes it a good broker.
Is Capital com regulated?
Yes, Capital com is regulated by FCA and CySEC, two top-tier regulatory bodies