CapTrader Logo

CapTrader Review 2024

Written by
Krisztián G.
Fact checked by
Adam N.
Updated
1w ago
Key data
Fees
Safety
Deposit and withdrawal
Account opening
Mobile app
Desktop platform
Product selection
Regulated and trusted. Tested via live trading.
9,354 people chose this broker
Not available in United States; see best alternatives

Why choose CapTrader

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, CFD and forex trading fees are high, and most users can only make deposits and withdrawals via bank transfer.

BrokerChooser gave CapTrader a 3.9/5 rating based on analyzing 600+ criteria and testing via opening a live account.

  • Low stock and ETF fees
  • Wide range of products
  • Many great research tools
  • Pays interest on uninvested cash

Explore the key metrics of CapTrader

Overall score
3.9/5
Minimum deposit
$2,000
Stock fee
Low
FX fee
High
Inactivity fee
yes
Account opening
>3 days

Not sure if this is the right broker for you? See the best ones.

See how the best brokers in the United States compare to CapTrader

EURUSD spread
Usual spread in pips

Fees

Score: 3.1/5
CapTrader has low stock and ETF fees, and margin rates are also low. On the other hand, trading fees for products other than stocks/ETFs are high.
  • Low stock and ETF fees
  • One free withdrawal per month
  • Low margin rates

We compared CapTrader's fees with two similar brokers we selected, Saxo Bank and Swissquote. These competitors were selected based on objective factors like products offered, client profile, fee structure, etc. See a more detailed comparison of CapTrader alternatives.

Low stock and ETF commission

CapTrader US stock fees are about half of the industry average. US stock fees are calculated as follows: $0.01 per share; min. $2, max. 1% of trade value

Broker
US stock
CapTrader
$2.0
Saxo Bank
$1.6
Swissquote
$20.0
CapTrader stock and ETF commission

High FX fees

CapTrader charges a forex commmission: Trade value less than $1 billion: 0.3 bps * trade value; min. $3.75. Spread costs come on top of this, e.g. the EUR/USD spread is 0.2.

Broker
EURUSD spread
FX commission per lot
CapTrader
0.2
Trade value less than $1 billion: 0.3 bps * trade value; min. $3.75
Saxo Bank
0.8
No commission is charged
Swissquote
1.6
No commission is charged
CapTrader forex spreads and commissions

High options commission

CapTrader US stock index options fees are much higher than the industry average. US stock index options fees are calculated as follows: $3.5 per contract

Broker
US stock index options
CapTrader
$35.0
Saxo Bank
$20.0
Swissquote
$19.9
CapTrader stock index options commission

Low inactivity fee, no withdrawal fee

In general, there are no monthly minimum turnover fees or other running fees at CapTrader. Recurring monthly costs will only be charged if you have opted for Realtime packages.

Broker
Inactivity fee
Withdrawal fee
CapTrader
$0
Saxo Bank
$0
Swissquote
$10
CapTrader inactivity, withdrawal and other fees

An inactivity fee will only be charged if the total value of your account balance is less than $1,000 (or equivalent) and you are not trading actively. This fee is $1 per calendar month, applicable if you haven't carried out any trades in the past month.

Other commissions and fees

Average mutual fund commission: trading mutual funds involves the following charges - $14.95 per transaction or 3% of trade value, whichever is lower.

High futures fees: US index futures fees are as follows - $3.5 per contract.

Low bond commission: US treasury bonds come with the following charges - For the first $1,000,000 face value: 0.002% of trade value with $5 min. Free with IBKR Lite that is available for US and Indian clients..

Low margin rates: the USD annual margin rate is 7.8%.

Broker
Mutual fund
US micro e-mini stock index futures
CapTrader
$15.0
$35.0
Saxo Bank
$0.0
$30.0
Swissquote
$9.0
$19.9
Misc. fees compared with other brokers

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 at either IB or CapTrader.
  • Majority of clients belong to a top-tier financial authority
  • Negative balance protection
Read more

Deposit and withdrawal

Score: 2.6/5
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.
  • No deposit fee
  • One free withdrawal per month
Read more

Account opening

Score: 1.3/5
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.
  • Fully digital
Read more

Mobile app

Score: 3.5/5
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.
  • Two-step (safer) login
  • Good search function
  • Good variety of order types
Read more

Desktop platform

Score: 3.5/5
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.
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
Read more

Product selection

Score: 5/5
Through CapTrader, you can access an extremely wide range of markets, and virtually all product types imaginable.
Read more
“I recommend CapTrader for investors and traders looking for low fees and sophisticated trading platforms.”

FAQ

Read more
Got questions?
Engage with our growing community of traders and investors like you to find your answers.
Join now

Author of this review

Krisztián Gátonyi

Method-Man | Forex • Market Analysis • Stock Market

I have 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. I'm actively involved in reviewing the 100+ brokers listed on our site. I personally open accounts with real money, execute trades, test customer services. I hold an MSc in International Business from the University of Middlesex. My 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.

Follow us

Regional settings

×
I'd like to trade with...