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Capital.com Review UK
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Capital.com Review UK
Founded in 2016, Capital.com may be one of the newcomers to the market but they have made up ground quickly with a staggering number of assets pulling them ahead of most of the competition in terms of instruments offered. It is little wonder that they already have more than 2 million registered users on their platform.To get more news about capital.com review, you can visit wikifx.com official website.
For people who are new to trading, this is the perfect option. Capital.com really have demonstrated a commitment to education with their educational app, Investmate which I have gone into in more detail below. They have also made the platform accessible with a low minimum deposit of only $20.
There is plenty to like about this platform if you’re interested in CFDs however, whilst they do have all the educational material you could ask for, 75.26% of retail investor accounts lose money when trading spread bets and/or CFDs with this provider.Therefore, it’s important to appreciate that spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
That being said, if you did want to try your hand at CFDs, and wanted to take a turn around the platform without any of the associated risks, then I would recommend you give their demo account a try.
Share CFDs
There are more than 5000 share CFDs to trade from markets across the globe with up to 5:1 leverage. You can get started with as little as $100 to control a position of $500. Shares CFDs provide 24/5 trading opportunities in a rising and falling market where you can use Capital.com’s tools to define stops and limits in order to close your position at a predetermined price. There is also the option to set up price alerts, informing you of any significant movements.Indices CFDs
Access a wide range of 27 indices from across the globe with up to 20:1 leverage. Get started with as little as $100 to control a position of $2,000. Indices CFDs provide 24/5 trading opportunities as well as the option to define stops and limits to ensure positions close at a pre-determined price. In addition, there are price alerts to let you know of any major changes in value.Commodities CFDs
Capital.com has 29 hard and soft commodities currently available and the list is constantly growing. Leverage is up to 10:1 allowing traders to start with just $100 in order to control a position of $1000. This asset class also allows for stops and limits in order to close positions at a predetermined price as well as price alerts.Forex CFDs
There are 138 of the world’s most popular currency pairs available at Capital.com with the added bonus of Capital.com’s economic calendar which allows traders to stay abreast of the major economic announcements. Leverage on currency pairs is up to 30:1 and traders are able to define stops and limits as well as set up price alerts when forex trading.
The absence of currency conversion fees at Capital.com allows traders to select the base currency in the market that they intend to trade and the addition of a multicurrency bank account would support this in its entirety, potentially saving traders a significant amount in fees.There are 5 base currencies to choose from which include GBP, USD, EUR, PLN and AUD.
You can deposit money using bank transfer, credit/debit card, Apple Pay and Paypal. It’s worth noting that bank transfers take 3 working days to process, however, electronic wallets and credit/debit cards are instant.
Both deposits and withdrawals are completely free at Capital.com with the option to withdraw to any of the deposit methods listed above. Upon testing the platform, I found withdrawal times to be quick (in my case one business day).