Trading forex and CFDs carries high risk. Information is educational, not advice.
Independent Review · Edition

Capital Review

★★★★☆ 4.1/5 Editor's Score · Trustpilot 4.4/5

Capital is a broker regulated by FCA, CySEC, ASIC, SCA, BAH and based in Cyprus. It offers Forex, CFDs, Gold, Oil with leverage up to 1:200.

Editor's score breakdown

How Capital scores across the four dimensions that matter most.

Regulation
100%
Cost
80%
Platforms
50%
Support
100%

Key advantages

  • Commission-free CFDs with an app featuring built-in AI market insights; a modern experience
  • 3000+ instruments, FCA and CySEC regulated, with negative balance protection
  • Intuitive interface with ample research and education
  • Low deposit barrier and a smooth onboarding flow

Considerations

  • No native MT4/MT5 support; needs a separate terminal
  • Pure CFDs — you cannot hold real shares
  • Spreads on some instruments run wide
  • No crypto deposits
Our take: Suited to traders who like a modern commission-free CFD app and value research and ease of use.

Full specifications

Every key fact about Capital in one place.

Minimum deposit$20.0
Minimum position0.08
Max leverage1:200
Typical spread0.6 pips
RegulationFCA, CySEC, ASIC, SCA, BAH
Country / HeadquartersCyprus / Cyprus
Founded2016
Trading platformsMT4, WebTrader
InstrumentsForex, CFDs, Gold, Oil
Account typesStandard, Demo
Payment methodsPayPal, credit cards, wire transfer, Apple Pay,Neteller, Skrill(MoneyBookers)
Customer support24/5 support, Live chat, Email, Phone
Trustpilot4.4 / 5

Trading platforms

What you can trade on with Capital — and what each terminal is best for.

MetaTrader 4 (MT4)

The industry-standard terminal: supports Expert Advisors (EA automated trading), thousands of custom indicators, one-click trading and hedging. Suited to forex-focused traders who want to run strategies.

WebTrader

Trade right in the browser with no download. Good for quick logins and managing positions across devices, but with weaker advanced-automation capability.

Your platform choice directly affects how you implement strategies (automated trading, indicators, mobile experience). Before committing, test order speed and stability on a demo account.

Account types

Pick the account structure that fits your strategy and starting capital.

Standard account

Classic account: the spread is built into the quote, with no separate commission. The default choice for most retail traders.

Demo account

A zero-risk practice account using virtual funds and mirroring real market prices, for testing strategies and getting familiar with the platform.

Different account types from the same broker can differ greatly in spread/commission structure — cost-sensitive strategies must calculate the combined "spread + commission" cost before opening an account.

Fees & costs

The charges that shape your real, all-in trading cost.

Minimum deposit$20
Typical spread0.6 pips
CommissionDepends on the account: Standard-type accounts have no separate commission; ECN/Raw-type accounts charge a small commission per lot.
Max leverage1:200
Overnight financingHolding a position past 17:00 ET incurs an overnight rollover (swap) fee; Islamic / swap-free accounts are exempt.
Inactivity feeMost brokers charge an inactivity fee on long-dormant accounts (typically after a 3–12 month lapse); specifics are per the broker's terms.
Deposit / withdrawalPayPal, credit cards, wire transfer, Apple Pay,Neteller, Skrill(MoneyBookers)

"Low spread" does not equal "low cost" — if the account stacks commission, or inactivity/overnight fees are high, the true cost must be calculated holistically.

Regulation & safety

Who supervises Capital, and what that means for your money.

UK Financial Conduct Authority (FCA) Tier-1 strong regulation

One of the strictest regulators: mandatory client fund segregation, negative balance protection, and covered by the FSCS compensation scheme up to £85,000. Retail leverage cap 1:30.

Australian Securities & Investments Commission (ASIC) Tier-1 strong regulation

Strong Australian regulation: client fund segregation, retail leverage cap 1:30, strict enforcement and disclosure requirements.

Cyprus Securities and Exchange Commission (CySEC) Tier-1 strong regulation

Regulated under the EU MiFID II framework, with an Investor Compensation Fund up to €20,000 and a retail leverage cap of 1:30.

UAE Securities and Commodities Authority (SCA) Offshore / weak regulation

Regulates brokers operating in the UAE; standards are gradually rising.

BAH Entity to verify

Verify the licence number and entity validity on the regulator's official website.

Our verdict:This broker holds multiple tier-1 strong-regulation licences, with solid client fund segregation and investor protection.

The same brand often has multiple entities across regions, with different regulatory strength and leverage caps. Be sure to confirm the entity you actually open an account with.

Deposits & withdrawals

Funding methods this broker supports, and what to watch for on processing times.

PayPalcredit cardswire transferApple PayNetellerSkrill(MoneyBookers)

Processing times and fees vary by method and entity — cards and e-wallets are usually instant, while bank wires can take 1–5 business days. Confirm the exact schedule on the broker's site before funding.

What a trade really costs

A worked example of all-in spread cost for Capital, using its published typical spread.

Trading 1 standard lot (100,000 units) of EUR/USD with a spread of 0.6 pips costs ≈ $6.0 per side in spread — roughly that amount to open and the same to close. With maximum leverage up to 1:200, a 1% adverse move can erase a large share of a small account, so position sizing matters as much as the headline spread.

This is an illustrative all-in spread cost only. Commission-based (ECN/Raw) accounts add a per-lot fee, and holding overnight adds swap. Size positions to risk ≤1–2% of equity.

Mobile trading

This broker supports mobile trading: MetaTrader and cTrader offer full-featured iOS and Android apps for charting, one-tap execution and push alerts, so you can manage positions on the go.

How to open an account

The five steps from sign-up to your first live trade with Capital.

  1. 1
    Sign up

    Register with email/phone and choose your account type and base currency.

  2. 2
    Verify identity (KYC)

    Upload ID and proof of address; regulation requires this before funding.

  3. 3
    Fund the account

    Deposit via your preferred method; respect the minimum deposit.

  4. 4
    Install the platform

    Download MT4/MT5/cTrader or use the web terminal; log in with your credentials.

  5. 5
    Start on a demo, then go live

    Practice risk-free first, then trade small and scale with experience.

Always read the broker's legal documents (terms, risk disclosure, fee schedule) before funding. Account opening is free; only trading risk is real.

Availability in your country

Broker availability, leverage caps and investor-protection schemes differ by country and entity. Confirm the broker accepts clients from your region and which licence you contract under before opening an account. See our By Country pages to check regional availability.

Who is Capital best for?

Capital is best suited for beginners looking for a low deposit, traders who prioritise strong regulation.

Not sure if Capital is right for you? Compare it side-by-side with 24 other regulated brokers and filter by the features that matter to your strategy.

Compare all brokers

Risk disclosure

Trading leveraged products involves substantial risk of loss and is not suitable for all investors.

This review is published for informational purposes only and does not constitute investment advice. Past performance and broker terms can change; always read the broker's legal documentation before opening an account.