Capital.com Review for UK Traders
Reviewed by Phillip Ashdown
Last updated:
An independent, in-depth review of Capital.com, an FCA-regulated broker offering CFD trading and UK spread betting with a £20 minimum deposit and a multi-platform ecosystem.
4.8/5 overall rating
Capital.com is an FCA-regulated UK broker offering CFD trading and spread betting across 5,000+ markets, with a £20 minimum deposit, zero commission (other fees apply), and a multi-platform ecosystem including TradingView and MT4.
Key Facts
- FCA regulated
- Yes (FRN 793714)
- Minimum deposit
- £20
- Platforms
- Capital.com Platform, Mobile App, TradingView, MT4
- Spread (EUR/USD)
- From 0.6 pips
- Account types
- CFD, spread betting, 1X
Our Verdict
Capital.com has been FCA-regulated since October 2018 and is part of a group founded in Cyprus in 2016. The UK proposition is built around accessibility. A £20 minimum deposit, zero commission (other fees apply) across all asset classes, and integrations including TradingView, MetaTrader 4 and MetaTrader 5 put Capital.com among the lower-friction entry points in the FCA-regulated market.
The platform offering is a strong argument for choosing Capital.com. The proprietary web platform carries more than 100 technical indicators with risk management tools including trailing stops, take-profits, and guaranteed stop-loss orders (which incur a fee if activated).
The cost structure places Capital.com in the competitive mid-range for variable-spread UK brokers. EUR/USD spreads on Capital.com's own pricing examples start from 0.6 pips, with zero commission applied (other fees apply). Traders prioritising raw-spread or ECN pricing will find lower headline costs at Pepperstone or IC Markets, where commission applies per lot.
The product range is broad rather than the broadest. CFD trading and UK spread betting are both available. The 1X unleveraged CFD product is a genuinely distinctive option for traders who want directional exposure without leverage. Crypto derivatives are not available to UK retail clients, in line with the FCA's 2021 prohibition. There is no Stocks and Shares ISA wrapper.
Overall, Capital.com is well-suited to new and intermediate UK traders who want a credibly regulated broker, low entry friction, and a multi-platform stack with strong education behind it. Active scalpers focused purely on raw cost, or traders who specifically need cTrader, will find better-fitted alternatives.
You can find full platform details on the official Capital.com website.
For more options, see our full list of the best FCA-regulated forex brokers in the UK.
Capital.com Account Types
Capital.com offers three product accounts for UK clients plus a demo account.
The CFD trading account is the standard leveraged product. FCA retail leverage caps apply: 1:30 on major forex pairs, 1:20 on non-major forex and gold, 1:10 on commodities and minor indices, and 1:5 on individual equities. Leverage amplifies both potential profits and losses. The CFD account gives access to the full Capital.com catalogue of 5,000+ markets.
The spread betting account is UK-only and was launched at Capital.com in May 2020. It carries the same spread-based cost structure as the CFD account, but profits are generally exempt from UK Capital Gains Tax and free from stamp duty. Tax treatment depends on individual circumstances and may change.
The 1X account is a distinctive Capital.com product. It is an unleveraged CFD, where the only trading cost is the spread. There is no overnight funding on most markets, no guaranteed stop-losses available, and no leverage applied. The 1X account may suit traders who want directional exposure to a market without the cost or behavioural pressure of leverage. Despite leverage not applying to 1X, using the account still carries risk.
A free demo account is available with virtual funds and mirrors the pricing of the live Capital.com platform. Account currencies supported are GBP, EUR, and USD. Capital.com supports multiple accounts in different currencies under a single client relationship.
Capital.com Fees Explained
Capital.com is a zero-commission broker. The main trading cost is the spread, plus overnight funding on leveraged positions held past the daily cut-off. Most unleveraged markets do not incur overnight adjustments. The exceptions are Natural Gas, US Cocoa, Volatility Index (VIX), and forex pairs with Turkish Lira (TRY).
Additional charges include a 0.7% currency conversion fee for retail clients on transactions denominated in a different currency to the account's base currency (0.5% for Pro clients) and a fee on guaranteed stop-losses that are activated.
Spreads at Capital.com are variable. The pricing examples on Capital.com's own pages quote EUR/USD at 0.6 pips, Gold at 0.30 points, the UK 100 (FTSE 100) at 1 point, and Apple shares at 0.13 points. These figures are typical rather than minimum. Live spreads can widen during major news events or low-liquidity periods.
Overnight funding combines Capital.com's own 4% per annum daily fee with the relevant interest-rate benchmark (SONIA for GBP-denominated markets, SOFR for USD, and similar). For a long FTSE 100 position priced at 8,175 at £1 per point, the daily overnight charge works out to roughly £2 against the position.
The currency conversion fee of 0.7% applies on profit and loss conversion, on overnight funding adjustments, on dividend payments, and on guaranteed stop-loss premiums. For UK clients trading USD-denominated instruments from a GBP-base account, this fee stacks up over time.
Does Capital.com Charge Commission?
No. Capital.com does not charge commission on any trades, although other fees apply. Trading costs are built into the spread, with no separate per-trade fee. This applies across all asset classes including forex, indices, shares, commodities, bonds, and interest rates. The cost model is variable-spread zero-commission throughout.
Commission-based pricing models, where the spread is razor-thin and a separate per-lot commission applies, are not available at Capital.com. Traders who prefer this structure (often high-volume scalpers and algorithmic traders) will find it at Pepperstone's Razor account or IG's ZERO account.
Is Capital.com Safe?
Capital Com (UK) Limited is authorised and regulated by the Financial Conduct Authority under firm reference number 793714, with authorisation in place since October 2018. FCA-required protections are available to UK retail clients: segregated client funds held at top-tier UK banks, negative balance protection on retail trading accounts, and Financial Services Compensation Scheme coverage of up to £85,000 per eligible claimant if the Firm fails. Clients are also covered by the Financial Ombudsman Service for complaint resolution.
The broader Capital.com Group operates regulated entities in Cyprus (CySEC, since 2017), the UK (FCA, since 2018), Australia (ASIC, since 2021), and the UAE (Securities and Commodities Authority, since 2024). UK clients are served exclusively by the FCA-regulated UK entity.
No CFD trading is ever risk-free. 61% of retail accounts lose money trading spread bets and CFDs with Capital.com, in line with the typical UK CFD loss-rate range. The regulatory safety net is structurally identical to the strongest UK brokers.
Capital.com Minimum Deposit
Capital.com requires a minimum deposit of £20 for UK clients, with equivalent thresholds of €20 or $20 for euro or US dollar accounts. This is among the lowest minimums of any FCA-regulated UK broker, broadly comparable with Trade Nation and XTB (effectively £0), and considerably lower than Plus500 (£100) or IG's £250 minimum on card and PayPal deposits.
The £20 figure applies to debit card deposits. Other payment methods including bank transfer may have different minimums depending on the underlying provider. There is no ongoing minimum balance requirement and no inactivity fee published. Both deposits and withdrawals are free.
For new UK traders looking to test a broker with a small initial commitment, the £20 minimum makes Capital.com one of the lowest-friction starting points in the UK CFD market.
Is Capital.com Good for Forex Trading?
Capital.com is a credible option for UK forex traders across beginner and intermediate experience levels, though it suits some trader profiles better than others.
The £20 minimum deposit, zero commission (other fees apply), and demo account give beginner traders multiple tools to assist their development. The 61% UK retail loss rate is lower than several alternative providers, which is a measurable indicator of less risk-stretched client behaviour.
For intermediate traders, the combination of 120+ currency pairs, multiple platforms including web, mobile app, TradingView and MT4/MT5, help provide a credible all-round forex offering.
For advanced scalpers and high-frequency traders, Capital.com is less competitive on cost than raw-spread or ECN brokers. Pepperstone's Razor account, IG's ZERO account, and IC Markets offer lower headline spreads with commission per lot, which suits sub-pip-sensitive strategies. Capital.com also lacks cTrader, which experienced algorithmic forex traders sometimes specifically require.
UK spread bettors are well served. The spread betting account covers the full range of forex pairs, and the UK tax efficiency of spread betting makes it the natural account type for most UK retail forex traders, though individual tax circumstances will vary.
Pros & Cons
✓ Pros
- ✓ FCA-regulated (FRN 793714) since 2018 with segregated client funds and FSCS eligibility
- ✓ Low £20 minimum deposit, among the lowest of any FCA-regulated UK broker
- ✓ Zero commission across all asset classes with EUR/USD spreads from 0.6 pips (other fees apply)
- ✓ Multi-platform line-up including TradingView and MetaTrader 4/5
- ✓ Spread betting available alongside CFDs for UK tax-efficient trading
- ✓ 99.64% of withdrawals processed within 24 hours in 2025 (source: Capital.com Group, May 2026)
⚠ Cons
- ⚠ cTrader is not available
- ⚠ Crypto derivatives are not available to UK retail clients
- ⚠ No Stocks and Shares ISA wrapper for UK clients
- ⚠ Variable spreads can widen during low-liquidity periods or major news events
- ⚠ Currency conversion fee of 0.7% applies for retail clients on non-base-currency transactions. For Pro clients the fee is 0.5%.
Spreads and Fees
Capital.com offers competitive spreads with zero commission across all asset classes. Typical spreads on EUR/USD start from 0.6 pips on Capital.com's own pricing examples, with all costs built into the spread rather than charged separately. Spreads are variable and may widen during low-liquidity periods or major news events.
| Fee Type | Details |
|---|---|
| EUR/USD Spread | From 0.6 pips |
| Commission | None |
| Overnight Funding | 4% per annum daily + benchmark (SONIA, SOFR, etc.) |
| Currency Conversion Fee | 0.7% of spot rate (retail), 0.5% (Pro) |
| Inactivity Fee | None published |
| Withdrawal Fee | Free |
Fee Comparison
| Fee | Capital.com | IG | Pepperstone |
|---|---|---|---|
| EUR/USD Spread | From 0.6 pips | From 0.6 pips | From 0.0 pips (Razor) |
| Commission | None | None (standard) | $7/lot (Razor) |
| Minimum Deposit | £20 | £250 (card) | Effectively £0 |
| Inactivity Fee | None published | £12/mo after 2 years | None |
| Withdrawal Fee | Free | Free | Free |
Trading Platforms
Capital.com offers multiple trading platforms to UK clients, covering both proprietary and third-party options. The line-up extends from the beginner-friendly Capital.com web and mobile platforms through to MetaTrader 4/5 for algorithmic traders.
- Capital.com Web Platform: Best for traders who want a clean, intuitive browser-based platform with 100+ technical indicators, in-platform financial news, and integrated risk management tools including trailing stops and guaranteed stop-losses (fees apply).
- Capital.com Mobile App: Best for mobile-first traders who want full execution functionality on the move. Available on iOS and Android.
- TradingView: Best for chart-focused traders who want to execute Capital.com trades directly from TradingView, with access to 100+ pre-built indicators, Pine Script, and TradingView's social network.
- MetaTrader 4 (MT4): Best for algorithmic traders who want Expert Advisors, custom indicators, and the industry-standard MetaTrader workflow. Available on Windows, macOS, mobile, and Web Terminal.
Is Capital.com Safe?
Capital Com (UK) Limited is authorised and regulated by the Financial Conduct Authority under firm reference number 793714. The firm has held FCA authorisation since October 2018. UK retail clients have segregated client funds held at top-tier banks, negative balance protection on retail trading accounts, and Financial Services Compensation Scheme (FSCS) coverage of up to £85,000 per eligible claimant if the firm fails. UK clients are also covered by the Financial Ombudsman Service for complaint resolution.
Capital.com is authorised and regulated by the Financial Conduct Authority (firm reference number 793714), which you can verify on the FCA register.
Learn more about FCA regulation and how it protects UK traders.
Who Is This Broker For?
Best For
- New and intermediate UK traders who want low entry friction and platform flexibility
- UK spread bettors who want tax-efficient forex and index trading
- Mobile-first traders who value a user-friendly trading experience on the move
Good For
- Traders who want both TradingView and MetaTrader 4 in one broker stack
- Beginners seeking structured education through the Learn hub and demo
- Risk-conscious directional traders interested in the 1X unleveraged CFD product
Not For
- Cost-focused scalpers who need raw-spread or ECN pricing with per-lot commission
- Traders who specifically require cTrader
- UK clients wanting a Stocks and Shares ISA wrapper or crypto derivatives access
Minimum Deposit
Capital.com requires a minimum deposit of £20 (or €20 / $20 if using a euro or US dollar account). This is among the lowest of any FCA-regulated UK broker, comparable with Trade Nation and XTB, and substantially lower than Plus500 (£100) or IG's £250 minimum for card and PayPal deposits. Deposit and withdrawal fees are free, and the same £20 minimum applies on bank-card withdrawals.
Ready to open a Capital.com account?
If you want an FCA-regulated broker with a low £20 minimum, zero commission, and a multi-platform stack including TradingView and MT4, Capital.com is a strong all-round option for UK traders.
Your capital is at risk.
Final Verdict
Capital.com is one of the more accessible FCA-regulated UK brokers for new and intermediate traders, combining a £20 minimum deposit, zero commission, multiple platforms including TradingView and MT4, and structured education. The 1X unleveraged CFD product adds a genuinely distinctive option. It may not suit traders focused purely on raw-spread pricing or those who require cTrader or an ISA wrapper, but for most UK traders starting with smaller initial capital it remains a strong all-round option. **Risk Warning:** Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.