Last Updated on by BBE Research Team
Capital.com is a cryptocurrency trading platform with UK regulatory oversight. It went operational in June 2017 and is now accessible using a desktop or mobile apps for iOS and Android. The corporation has offices worldwide, including Australia, Cyprus, and Gibraltar, although its headquarters are in London.
Capital Fees and Limits
Capital typically charges no fees for deposits or withdrawals. Rather, the Buy/Sell spread generates profits for its services. This spread is never a separate fee to be paid by the trader; it is always included in the quoted rate and is typically lower than any other platform.
Capital may impose an overnight fee based on a user’s trading patterns. Forex, commodities, and indices overnight fees are calculated based on the total value of a trader’s position
Is Capital Safe?
To begin with, Capital.com has group companies that are authorized and subject to local supervision by the Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), the NBRB, and the Financial Services Authority of Seychelles (FSA).
Furthermore, each deposit a trader puts is safeguarded by the Investor Compensation Fund in compliance with legal requirements. Retail users are the only ones who can access the Investor Compensation Fund.
A trader’s data is encrypted and safeguarded by Capital.com using Transport Layer Security, which is duplicated in real-time and safely backed up every day. This ensures that all trader information is protected.
Capital Exchange – Q&A
There are undoubtedly many critical queries regarding the cryptocurrency trading platform. These questions are precisely addressed in this Capital review to aid in your understanding. Contact the company’s customer support through the website or app if you have any extended inquiries:
How to start trading on Capital?
Creating a trading account on its site/app is the initial step. After that, verify your account using your identification photo (passport or driving license) and proof of address (bank statement or utility bill).
How much does Capital.com require to start trading?
You must deposit a minimum of $20 into your trading account before you can begin trading at capital com. Once you’ve placed your deposit, you can make investments as low as one dollar at a time.
Is Capital legit?
The legitimacy of Capital.com is guaranteed because it is overseen by various influential regulators and conforms with PCI data security regulations.
Does Capital have high fees?
Capital.com is one of the least expensive platforms available because it uses a commission-free marketing approach and charges reasonable spreads.
Can I use PayPal on Capital.com?
If you reside in the UK or the European Union, you may use PayPal to make deposits to your Capital.com Trading account.