What is CapitalIndex.com?
CapitalIndex.com is an online broker that offers trading in forex, CFDs, and Spread Betting. The company is headquartered in London, UK and was founded in 2014. Capital Index is regulated by the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC).
The broker provides its clients with the MetaTrader 4 (MT4) trading platform and a mobile trading app for Android and iOS devices. Capital Index offers competitive spreads on major currency pairs starting from 0.7 pips. The minimum deposit for a live account is $100 and there is no minimum deposit for a demo account.
Capital Index offers bonuses of up to $10,000 for new clients who open a live account and make a deposit. The broker also has a referral program that pays commissions to clients who refer new customers to the company. Overall, Capital Index is a reliable broker with good customer support and a wide range of tradable assets.
The Different Types of Accounts Offered
The types of accounts that are offered by Capital Index are:
1. Standard Account
2. Swap-Free Account
3. ECN Account
4. VIP Account
1. Standard Account: This account is best suited for those who want to trade with low spreads and no commission. The minimum deposit for this account is $100, and the leverage is up to 1:200. There are no swap or rollover fees associated with this account type.
2. Swap-Free Account: This account is best suited for those who want to trade without incurring any swap or rollover fees. The minimum deposit for this account is $500, and the leverage is up to 1:100. Note that there is a commission charge of $20 per lot traded on this account type.
3. ECN Account: This account gives traders the ability to trade with tight spreads and low commissions. The minimum deposit for this account is $5,000, and the leverage is up to 1:50. Note that there is a commission charge of $7 per lot traded on this account type.
4. VIP Account: This account is best suited for those who want to trade with exclusive benefits and privileges. The minimum deposit for this account is $100,000, and the leverage is up to 1:50. Some of the benefits associated with this account type include dedicated customer support, higher leverage, and lower commissions.
Pros and Cons of Trading with CapitalIndex.com
When it comes to online trading, there are a lot of options available to traders. One option is CapitalIndex.com. CapitalIndex is an online brokerage that offers forex and CFD trading. In this CapitalIndex review, we will take a look at the pros and cons of trading with this broker.
PROS
1. CapitalIndex offers a user-friendly platform: The broker’s proprietary web-based platform is easy to use and navigate. It is also available in mobile versions for Android and iOS devices.
2. Minimum deposit requirement is low: You only need $100 to open an account and start trading with CapitalIndex.
3. Wide range of tradable assets: The broker provides access to over 50 currency pairs, as well as major, minor, and exotic currency pairs. You can also trade commodities, indices, stocks, and cryptocurrency CFDs with CapitalIndex.
4. Leverage up to 1:500: CapitalIndex offers high leverage ratios of up to 1:500, which can be used to amplify your profits (or losses).
5 . Negative Balance Protection: This feature protects your account from incurring debt in case you sustain heavy losses in your trades.
CONS
1 . Restricted countries : Residents of the United States, Canada, Japan, Israel, Iran, Syria, Sudan ,and North Korea are not allowed to open accounts with CapitalIndex .
2 . Lack of education resources
What do Traders Say about CapitalIndex.com?
When it comes to CapitalIndex.com, traders have a lot to say. And for the most part, they have positive things to say about this online broker.
For starters, many traders appreciate the low minimum deposit requirement of just $100. This makes CapitalIndex.com an accessible broker for those with limited capital.
Another plus is the fact that CapitalIndex.com offers both MetaTrader 4 and cTrader platforms. This gives traders a lot of flexibility when it comes to choosing their trading platform.
Similarly, traders also like the fact that CapitalIndex.com provides access to a wide range of markets, including forex, commodities, indices, and cryptocurrencies. This gives traders plenty of opportunities to find profitable trading opportunities.
Finally, many traders appreciate the customer service offered by CapitalIndex.com. The broker’s customer service team is available 24/7 through live chat, email, and telephone. This means that help is always available when you need it.
Conclusion
CapitalIndex.com is a forex broker that offers its clients the ability to trade on the foreign exchange market. The company has been in operation since 2014 and is headquartered in London, England. CapitalIndex.com is regulated by the Financial Conduct Authority (FCA) of the United Kingdom and offers its clients a number of benefits, including a demo account, 24/7 customer support, and competitive spreads. However, some drawbacks of trading with CapitalIndex.com include its limited range of tradable instruments and lack of educational resources. Overall, CapitalIndex.com is a decent choice for beginner forex traders who are looking for a simple platform with low fees.