If you’re searching for an online trading platform to invest in stocks, forex, CFDs, and CFDs on cryptos (crypto derivatives not available for UK retail clients) then Capital.com Group might be right for your trading needs. To get more news about Capital.com Pros Cons, you can visit wikifx.com official website.
In this Capital.com Group review 2022, we cover everything you need to know about the forex and CFD broker. We analyse key metrics such as fees, commissions, tradable assets, payment options, regulations, and more.
What is Capital.com Group?
Capital.com Group is a popular forex and CFD broker that was established in 2016 and has entities regulated by several major financial authorities including the UK’s Financial Conduct Authority, the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), and the National Bank of the Republic of Belarus.
Capital.com Group provides access to CFD forex trading as well as heaps of CFD derivatives. When it comes to supported trading platforms, Capital.com Group traders have access to MetaTrader 4 (not available to UK), mobile trading apps, web and desktop platforms, spread betting, TradingView and more.
Capital.com Group provides a user-friendly platform and website, with tons of educational materials that new traders will appreciate. Furthermore, you can also open a demo account in a matter of minutes and practice your trading strategies with $1,000 worth of virtual funds.
With Capital.com Group you can speculate on the future price movements of more than 6,500 markets on a range of platforms and pinpoint unique investment opportunities with more than 75 technical indicators and customizable charts.
Capital.com Group has amassed more than 1,750,000 registered clients globally, which can be justified by its reputation as a free trading platform. This online brokerage firm facilitates commission-free investing, with the trading fees being included in the market-leading spreads.
Capital.com Group supports forex trading and CFD trading. This includes 3,418 share CFDs, 26 indices CFDs, 34 commodities CFDs, 138 forex pairs, as well as cryptocurrency CFD derivatives (not available to UK retail clients).
CFDs or contracts for difference are contracts between sellers and buyers that require the buyer to pay the seller the difference between the current price of an underlying asset and its worth at a predetermined date. CFD traders earn profits and incur losses from price fluctuations that work in their favor or not with the added benefit of not taking ownership of the underlying asset. The value of a CFD contract depends on the difference between the opening and closing price of the trade.
Some of the main advantages of CFD trading include:
Having the ability to go short as you can speculate on markets that are headed both down and upwards.
Access to leverage increases your purchasing power as you are only required to deposit a portion of the trade’s total value.
Seeing as you do not take ownership of the underlying asset you avoid stamp duty tax.
CFDs are used to trade thousands of markets, such as cryptocurrencies (not available to UK retail clients), indices, shares, and more, which can be accessed on one trading account via Capital.com’s web, desktop, or mobile trading platforms.
If you want to speculate on the wider exchanges, Capital.com Group offers more than 30 indices for you to choose from. When it comes to major stock markets this CFD broker covers the FTSE 100, the SP 500, the Dow Jones Index, the US Tech 100, and the Japan 225 index and many more. You can also trade less popular indices including the Netherlands 25, France 40, and the Swiss 20.
While you do not pay any commission for trading CFDs on Capital.com, the variable spreads differ depending on the asset you choose. So, this is something you need to keep in mind when calculating your overall trading costs.