Capital.com Review: Trusted, and Cheap in the Places That Usually Cost You

Quick facts

Capital.com does something unusual for a CFD broker: it charges nothing for the things most brokers charge for. No inactivity fee, no deposit fee, no withdrawal fee, no commission on CFDs. Its terms say so in the entities’ own contract language, not in marketing copy. That is most of why this rates 8.0 out of 10 and lands solidly inside Trusted rather than on its edge.

The catch is not hidden, but it is quiet: a 0.7% currency conversion charge, and crypto overnight financing at 22.5% a year on long positions. Neither is unusual. Both are where the money is.

Which entity you actually trade with, and why it changed recently

Capital.com has quietly migrated its EU business onto a second, newly licensed Cyprus entity, and almost no coverage of this broker reflects it yet.

We read both CySEC entries on 5 September 2026:

Both are current. Both list capital.com/en-eu/ among their approved domains, both hold dealing-on-own-account permission, and both are passported across the EEA. The footer of capital.com/en-eu names Capital Com Group Ltd and licence 463/25, so that is the entity a new EU client should expect. The older entity keeps a branch in Milan.

What Capital.com does not publish is a country-by-country or cohort-by-cohort map of who sits with which. Two live licences serving the same URL, with no published allocation rule, is the main reason transparency scores 7.0 here rather than 8. Before you fund an account, read the entity name on the client agreement you are actually signing.

One small thing settled while we were in the register. Capital.com’s own PDFs disagree with each other on the older entity’s company number, some saying HE 354252 and some HE354352. The CySEC register says 354252.

Outside the EU: Capital Com (UK) Limited holds FCA firm reference 793714, Capital Com Australia Pty Ltd holds AFSL 513393, and the offshore entity is Bahamian, not Seychellois – Capital Com Online Investments Ltd, SIA-F245 with the Securities Commission of The Bahamas. Reviews that put Capital.com in Seychelles have it wrong.

What happens to your money

For the EU entity, three layers.

Segregation. Both entities’ terms commit to depositing client funds entirely into segregated bank accounts and not using them for the company’s own account. Capital.com describes the banks as top-tier financial institutions but does not name them, which is the industry norm and still a gap.

The Investor Compensation Fund. Cyprus pays the lesser of 90% of your covered claim or €20,000. Their own ICF policy document, version 4.0 dated September 2025, states it in those terms. Professional clients are excluded.

Insurance above the ICF. Capital.com’s EU client-funds page states cover for losses above €20,000 up to €1,000,000 in the event of the firm’s insolvency, at no extra cost, with trading losses and market movements expressly excluded. The underwriter is not named on that page, which is why we treat this as a real but unverified addition rather than a headline. If it holds, it is materially better than what most CySEC brokers offer, and it is the single strongest thing on this review.

Negative balance protection applies on an account basis, following ESMA’s rule, so you cannot lose more than the account holds.

Costs, in full

Spread-only on CFDs. No commission. EUR/USD from 0.6 pips, gold from 0.30 points, UK 100 from 1 point, Apple from 0.13 points, Bitcoin from 50 points.

Then the things that are free, which is the unusual part. Both entities’ terms state, in contract language rather than marketing: no fee in relation to inactive accounts, and no fees charged by the company for deposits to or withdrawals from the account. The EU fees page lists opening an account, closing an account, deposits and withdrawals as no fee. On a $100-minimum broker, a dormant account here costs nothing at all, which is worth comparing against AvaTrade, where the same dormancy costs $300 in the first year.

What you do pay:

• Overnight: a basis adjustment plus a daily fee of 0.01111% on most assets.
• Crypto overnight: 0.06164% a day on long positions, which is 22.5% annualised. Short positions are 0.0137% a day, 5% a year. Do not hold a leveraged crypto long here for months.
• Currency conversion: 0.7% on CFDs for retail clients, applied as a rate 0.7% worse than spot. Share dealing uses a separate 0.4% markup. These are two different rates for two different products; do not read one as the other.
• Guaranteed stop: a premium on the position, with 0.03% given as an example.

Minimum deposit is €20, or €50 by wire. See the full fee page.

Regulatory record

One matter. CySEC published a decision concerning Capital Com SV Investments Ltd dated 14 March 2022. We could not open the document at CySEC’s own site, and we are not going to publish a figure or a description we took from trade press. What we can say is the date and the entity, and that we could not read it. If you want the detail before depositing, the document is on cysec.gov.cy under that date.

We found no FCA enforcement against the UK entity. Capital.com is not named in ASIC’s January 2026 report on the CFD sector, which did name other brokers.

Platform and instruments

Capital.com’s own web platform and mobile apps, plus MT4, MT5 and TradingView. That combination is rarer than it sounds: plenty of brokers with a good proprietary platform drop MetaTrader, and plenty of MetaTrader brokers have nothing else. Around 5,500 markets across forex, shares, indices, commodities, crypto, bonds and ETFs, though Capital.com does not publish a per-asset-class breakdown.

On execution reporting, the most recent report we could find is an RTS 28 publication for 2021. RTS 28 has since been withdrawn in the EU and UK, so its absence after that is a rule change rather than a retreat. A Pillar 3 disclosure for the CySEC entity for the year ended 31 December 2024 is published.

Who this suits

If you hold positions for days rather than months and you want a low fixed cost of ownership, this is one of the cheapest regulated CFD accounts in Europe: no commission, no inactivity charge, no withdrawal fee, €20 to start. If you trade crypto CFDs long and hold them, the 22.5% annualised financing will eat the position and you should look elsewhere. If you move money in and out frequently in a non-account currency, price the 0.7% conversion first.

What would move this rating

• Up: naming the insurer behind the €1m cover, and publishing which clients sit with which of the two CySEC entities.
• Down: an enforcement outcome at either Cyprus entity, or the €1m insurance turning out to be narrower than the page implies.

Sources

• CySEC register entries for Capital Com Group Ltd (463/25) and Capital Com SV Investments Ltd (319/17), both read 5 September 2026.
• FCA clone-firm warning naming Capital Com (UK) Limited, FRN 793714, published 2 June 2021.
• Capital.com regulations page, EU terms and policies, and both entities’ terms and conditions (CCEU v2 June 2026; CCSV v21 July 2026).
• Capital.com Investor Compensation Fund Policy v4.0, September 2025.
• Capital.com EU client funds protection page and EU pricing and fees pages, read 5 September 2026.
• CySEC announcement concerning Capital Com SV Investments Ltd, 14 March 2022 (document not read).

Scored on our published methodology. Compare against eToro, which has a listed parent and a stronger UK entity but a costlier structure for moving money.

Answered in detail

Rated higher on the same scale

Rated Trusted or Neutral against the same six pillars. These link to our own reviews, not to the brokers, and no broker can pay to appear here.

Verdict changelog