How to get to your first trade at Capital.com?

Reading time: 6 minutes

Choosing Capital.com as your broker to do your first trade is a good idea, go for it. In this article, we are going to take you through all the steps necessary, from the registration all the way to setting up your first order. At Capital.com, opening an account is easy, and needs no prior knowledge. If you have opened an account anywhere on the internet before, you pretty much already know what to expect.

To give you a brief summary: Capital.com is a global CFD broker, regulated by the FCA, CySEC, NBRB, and ASIC.

THE ESSENCE:

  • Signing up takes 15 minutes, while the approval of your account could take 1 day
  • Available in most countries, except most notably the US
  • You will need to prove your identity and residency with documents. Some examples:
    • Proof of identity: national ID / passport / driver's license
      Proof of residency: bank statement / utility bill
  • Capital.com is a reliable broker regulated by a top-tier regulator
  • Visit Capital.com's site and start registering now!

First, let's see if Capital.com is available in your country?

Disclaimer: 87.41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

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87.41% of retail CFD accounts lose money

Capital.com account opening
How to get a verified trading account at Capital.com?

BrokerChooser's analysts gave the highest score to Capital.com's account opening experience, so you don't need to worry, it is simple, quick, well-designed, intuitive and we will make sure you arrive prepared after reading this article.

First you need to fill a registration form to apply for an account. Your application needs time to be verified [1 day] after which you can deposit and start trading.

The journey at Capital.com

Capital.com account opening step-by-step guide

  1. Go to Capital.com's website to start the account opening process.
  2. Follow the account opening process: it is self-evident, but you might need help at some point. Don't worry, we cover the main issues here.

Which Capital.com account to choose?

At Capital.com we tested the two most popular account type setups:

  • If you are a beginner, go with the 'Standard (retail)' account - Low minimum deposit, low forex CFD fees, commission-free real stocks .
  • If you are more experienced, choose 'Standard (professional)' account - Low minimum deposit and fees, higher leverage, negative balance protection up to 1:50 leverage.

If you represent a company you can apply for a Corporate account, but in order to do this you have to contact Capital.com customer service directly.

We have more details about the alternative account types in our review for you to explore.

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87.41% of retail CFD accounts lose money

Which base currency to choose?

Why does this matter? You can cut your costs.

  • If you fund your trading account in the same currency as your bank account, or you trade assets in the same currency as your trading account base currency, you don't have to pay a conversion fee.
  • A convenient way to save on the conversion fees is by opening a multi-currency bank account at a digital bank, which is fast and easy.

The base currencies at Capital.com are: GBP, USD, EUR, PLN, AUD.

Once you have filled out the form, uploaded your documents, chose your account type, base currency and finished the trading survey, Capital.com will verify your account very shortly.

Why do I need to fill the trading experience survey?

It might seem scary at first, but it is nothing to worry about. This is standard procedure, as brokers need to make sure that you have a basic financial knowledge and you are aware of the risks of trading.

Also don't worry if the broker asks questions about your financial background e.g. your available assets, salary range. This is also part of the risk assesment process - to make sure you don't take on investments and trades you can't afford.

Capital.com account opening
How to deposit and start trading at Capital.com?

To do your first trade, you have to fund your account. Generally, brokers offer a Bank transfer / ACH / Credit or debit card / E-wallet transfer solution.

This is where you stand at the account opening at Capital.com

Is there a minimum deposit at Capital.com?

Unfortunately, yes. At Capital.com, the minimum deposit amount is $20.

This means that you have to deposit at least $20 to be able to start trading.

However, if you feel like this service is not your cup of tea: no worries. After depositing, you can opt out and withdraw your funds anytime.

If you received your verification email, you are good to go to fund your account and start investing!

Here's how to start after funding your account:

  • On the left side of the menu bar if you select 'Trade' you can check different asset classes and categories like 'Most traded', 'Top risers' or 'Top fallers'. You can also search for assets in the top left corner
  • To see the chart click on the asset's name
  • After you have selected an asset you can specify the transaction size and order type after clicking either 'Sell' or 'Buy'
  • After this step, it is easy to specify the transaction size, order types, and terms.

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87.41% of retail CFD accounts lose money

"I think Capital.com's account opening process is one of the best. I liked it because it is simple, quick, well-designed, intuitive, and available in several languages. I strongly recommend it to new forex traders becasue the process is easy-to-understand and fast. Registration took me about 10 minutes and they verified my account within one day, so I could start trading quite quickly." - Bence András Rózsa, Broker analyst

Capital.com account opening
Is Capital.com safe?

Yes, Capital.com can be considered a legit broker, as it is regulated by at least one top-tier regulator, which is a great sign for reliability.

For you, this means that your money is in good hands and you will most probably not become a victim of a scam by Capital.com.

Throughout the account opening process at Capital.com, you won't be required to pay anything to create your account. Also, you can close your account anytime you like.

Every time you are planning to dive into finances, make sure you know who you trust your money with. Make sure that the broker is considered trustworthy. We, at BrokerChooser, only recommend regulated brokers on our site, meaning the broker's operations are overseen by a trusted body.

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87.41% of retail CFD accounts lose money

Capital.com account opening
Wrap-up

You are awesome for having read through this article! Opening an account might seem cumbersome at first, but the best time to start dealing with your finances is always right now.

We want to help you along the way, so if you are stuck somewhere, have a question, or a suggestion, please drop us an email at [email protected].

Capital.com account opening
FAQ

How do I deposit money into Capital.com?

You can deposit funds into your capital.com trading account by bank transfer, credit/debit card, or alternative methods such as Apple Pay or PayPal. Just go to 'Fund my account' inside the client area or in the mobile app and choose your preferred method. Capital.com charges no deposit fees.

How much does it cost to start Capital.com?

Before you start trading at Capital.com, you must deposit a minimum amount into your trading account, which is $20 if done by credit/debit card, Apple Pay or PayPal. Once you have made your deposit, it is possible to invest as little as $1 at a time.

Does Capital.com accept PayPal?

Yes, you can use PayPal to deposit money to your Capital.com trading account if you live in the UK or the European Union.

How long does it take to open an account at Capital.com?

Completing the registration process should take about 15 minutes. Once Capital.com receives all your information and documents, your account will be approved usually in less than a day.

How long does it take for Capital.com to approve my account?

Once you have completed the registration form and uploaded all documents to verify your identity, in theory your account will be approved within 48 hours. In practice, Capital.com will usually approve your account in less than a day.

How do I know if my Capital.com account is approved?

You will be notified by email as soon as your account is activated by Capital.com.

Can I use a debit card to deposit to Capital.com?

Yes, you can deposit to your Capital.com trading account using a debit card. Debit card deposits are free, and the funds will appear on your trading account instantly. Please note that you can only use cards that are in your name, and that Capital.com does not accept deposits from US banks or from US clients.

Author of this article

Ádám Nasli

Author of this article

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo-trading, programming and trading.

Ádám Nasli

Analyst head

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo-trading, programming and trading.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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87.41% of retail CFD accounts lose money

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