Brokerages are our gateway into the world of trading. These services provide you with access to a range of different investment products and assets. In doing so, they facilitate your journey to financial freedom through the purchase of assets that could appreciate over time.To get more news about capital.com pros & cons, you can visit wikifx.com official website.
Not all brokerages are created equal and every new trader must select the right brokerage for them. Each brokerage account will provide its users with its own unique set of tradable assets, subject them to its fees, and implement its tools and resources for users to inform their trading decisions.
Throughout this capital.com review, we will examine the strengths and weaknesses of the capital.com investment platform as well as explore its features, fees, and how to place your first trade. If you are interested in starting to trade CFDs, this capital.com review may be for you. Let’s get started!
What is Capital?
Founded in 2016, capital is a global CFD trader with offices in the United Kingdom, Gibraltar, Cyprus, Belarus, and Seychelles among other places. Capital.com is currently able to service users in over 170 countries across the globe.
At the time of writing, capital.com offers its users access to over 6.000 tradable assets from a multitude of asset classes. By any comparison, this is an impressive range of assets that would likely satisfy the requirements of most traders. The platform distinguishes itself through its high-quality investment research, educational materials, and intuitive design making it a brilliant choice for both new and experienced traders.
Pros
Education & Research - A firm grounding in your trading education is important for every trader. Being well aware of this, capital.com spares no expense when it comes to the educational content it provides its users. They offer high-quality educational articles, newsroom-grade research articles, video-based educational content, and various online courses/guides targeted toward beginner-level trading education.
Range of Assets - Unlike some other brokerages, capital.com does not focus on any specific asset class. This allows it to offer you a wide range of assets that you can either trade CFDs or hold for the long term. If you are the type of trader who prefers to have all of your holdings within a single account, you must sign up for a brokerage that can provide all the assets you wish to trade CFDs on. Thankfully, capital.com have a significantly comprehensive range of assets and is likely to satisfy your requirements in this regard.
Cost - We often bring attention to the fact that the fees and commissions charged by your brokerage can have a massive impact on your overall return over time. Therefore, it is vital that you find a brokerage that is competitive with its fee and commission structure. Thankfully, capital.com is reasonably competitive in this regard. We will cover its fees and commissions in more depth throughout the fees and commissions section below.
Cons
MetaTrader 5 - Regrettably, capital.com does not provide access to the popular MetaTrader 5 platform. This platform is regularly used by active traders and is especially desired by forex traders. If you are looking for a platform to trade forex and are not willing to compromise on access to the MetaTrader platform, capital.com may not be the brokerage for you.
Licenses - Unfortunately, capital.com is not licensed in as many tier 1 jurisdictions as we typically like to see when reviewing our brokerages. Although this does not necessarily make them unreliable, it is certainly something we hope to see progress over time.
Availability - We noted at the outset that capital.com can service clients in a large number of jurisdictions. However, it is currently unable to offer its services to US-based clients. As such, if you are a United States citizen, you will need to look elsewhere for your brokerage services. Although the exclusion of one jurisdiction may not seem like a significantly negative point, when you consider the considerable number of retail traders/investors within the United States and the strength of the U.S regulator, it is disappointing that capital.com is unable to operate in the United States.