Capital com Review: Things you need to know
Are you interested in investing in the capital com platform? If yes, this article is for you where we will tell you about the important information.
Capital com is a UK-based company founded in 2016 and depends on a specific transaction method. However, it combines the expertise of software developers and bankers. When using leverage, you’ll only be responsible for the buy-sell margin and maintenance fees.
There are various international regulatory agencies monitoring Capital.com, in addition to the Financial Conduct Authority (FCA), which is responsible for supervising the company in the United Kingdom. We’ll investigate every element of the trading system, such as its pricing structure, the types of assets you may trade, customer service, and more, in-depth in this Capital com review.
There are just a few countries where Capital.com is not accessible, such as the United States, Taiwan, Belgium, and just a few small island states. These countries include India and the Netherlands.
Benefits & Drawbacks of Capital.com
Pro #1: There are no fees
Capital.com doesn’t charge any commissions (other than spreads and maintenance costs), and I’ll go into more detail about this in the upcoming paragraphs. This one is essential.
Pro #2: Trade shares and crypto together
If you want to trade both shares and cryptocurrency, Capital.com is the only brokerage that allows you to do so. Furthermore, you don’t have to deal with complicated crypto wallets when trading cryptos on the Capital.com trading system.
Pro #3: Special Account Manager
The reason I love Capital.com’s customer service strategy so much—which gives each user a personal account manager.
It may not prove to be an important development, but believe me when I say it has the potential to change destiny.
Think of never having to wait again!
CFDs are sophisticated products that carry a high degree of risk. However, the leverage allows you to make a lot of money in a short time; although, there is also a risk of losing money.
With this company, you can make money trading CFDs. You may consider whether you know how CFDs work and whether you would afford to accept the significant risk of financial loss.
Pro #4: Outstanding Desktop & Smartphone App
The mobile and desktop brokerage firms of Capital.com bring together beauty and functionality in a package. Mobile trading is made so much easier with the app, and I still have access to the website for more complicated trades whenever I need it.
For the past three years, I’ve been using Capital.com to trade, and I’ve only experienced one problem with them.
Pro #5: The ideal demo account
You may be asking yourself, “Who are your concerns about the demo account?” I did, too, before I began trading with Capital.com. But these days, I consider my demo account as a risk-free test platform in Which I can practice my trading ideas.
Con #1: Lack of referral program
There is no referral program on this platform, which is a downside. It is unnecessary if you intend to trade alone; however, if you also wish to sign up with your friends, it implies that you won’t receive anything in return. Among all, several other brokerage firms do not provide referral programs, so if you let the loss of a referral program turn you away, realize that it’s more of an industry issue than one unique to Capital.com.