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Written by: Krisztián G. Updated: Dec 2022
Expert verified
Recommended for
  • equity trading 4.5/5
Trusted broker
Regulated by top-tier financial authorities
Popularity
3,157 people chose this broker in the last 6 months
BrokerChooser Score
4.1/5

CapTrader review summary

CapTrader is a Germany-based global stockbroker for investors and traders. CapTrader has low stock and ETF fees. Thanks to its link to Interactive Brokers, CapTrader covers a vast range of markets and products, and offers a multitude of great research tools on its sophisticated trading platforms. Partly because of that, though, we recommend this broker mainly for advanced traders, as the account opening process is complicated and the desktop trading platform isn't the most simple to use. Among other drawbacks, most users can only make deposits and withdrawals via bank transfer. BrokerChooser gave CapTrader a 4.1/5 rating based on analyzing 500+ criteria and testing via opening a live account.

CapTrader is a regulated broker, it is overseen by a top-tier financial regulator in Ireland . CapTrader is also covered by investor protection in selected jurisdictions. We at BrokerChooser always test brokers with real money, including the withdrawal process.

You can't open an account at CapTrader if you live in United States. See the best alternative available in your country.

CapTrader pros and cons

Pros Cons
Low stock and ETF fees Complicated account opening
Wide range of products Complex desktop trading platform
Many great research tools

CapTrader main highlights

🗺️ Country of regulation Ireland
💰 Trading fees class Average
💰 Inactivity fee charged Yes
💰 Withdrawal fee amount $0
💰 Minimum deposit $2,000
🕖 Time to open an account >3 days
💳 Deposit with bank card Not available
👛 Depositing with electronic wallet Not available
💱 Number of base currencies supported 9
🎮 Demo account provided Yes
🛍️ Products offered Stock, ETF, Forex, Fund, Bond, Options, Futures, CFD, Crypto, Warrants, Structured products
To read much more details about the broker's services and features, expand on the sections below.

CapTrader review
Fees

3.6
CapTrader has low stock and ETF fees, and margin rates are also low. On the other hand, options and futures fees are high.
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CapTrader review
Account opening

1.0
CapTrader's account opening is fully digital, but the positives stop there: the process is complicated, account verification takes long, and there's a steep €2,000 minimum deposit.
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CapTrader review
Deposit and withdrawal

3.0
CapTrader offers one free withdrawal per month and has a decent selection of account base currencies; however, it doesn't accept credit/debit cards and electronic wallets.
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CapTrader review
Web trading platform

4.3
CapTrader's WebTrader platform is user-friendly, has a clear fee report, and is accessible via a safe two-step login process.
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CapTrader review
Mobile trading platform

3.5
CapTrader's mobile trading platform has a safe two-step login, and comes with a good search function and multiple order types. However, beginners may find it too complex.
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CapTrader review
Desktop trading platform

3.5
CapTrader's desktop trading platform offers good customizability and many order types. However, the search function is poor, and overall the platform is too complex for beginners.
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CapTrader review
Markets and products

5.0
Through CapTrader, you can access an extremely wide range of markets, and virtually all product types imaginable.
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CapTrader review
Research

4.3
CapTrader has almost limitless research possibilities, but the user interface is overly complicated, hard to follow and not very well designed.
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CapTrader review
Customer service

4.5
CapTrader has good customer service, giving fast and relevant responses, as well as an automated chatot. However, the live chat is slow and most options are not available 24/7.
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CapTrader review
Education

3.5
CapTrader offers a handful of educational materials and tools, though some of these are only available in German. You can also test the waters with a demo account.
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CapTrader review
Safety

As an introducing broker of IB, CapTrader is covered by a top-tier regulator, granting most clients strong protection. However, there is no banking background of IB or CapTrader.
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CapTrader review
Bottom line

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CapTrader review
FAQ

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Author of this review

Krisztián Gátonyi

Author of this review

Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. He received his MSc degree in International Business from the University of Middlesex. He is interested also in real estate and dividend growth investing. His purpose is to help people find the best investment provider.

Krisztián Gátonyi

Senior Broker Expert

Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. He received his MSc degree in International Business from the University of Middlesex. He is interested also in real estate and dividend growth investing. His purpose is to help people find the best investment provider.

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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