Capital Index Review

Capital Index offers a multitude of trading conditions and accounts that people will enjoy. The broker also offers its Islamic account, which of course allows traders to forgo interest due to religious reasons. Capital Index puts the world at your fingertips, giving you the ability to trade global markets.

Capital Index Regulation & Company Information

Capital Index operates multiple companies around the world. The Capital Index (Cyprus) Limited branch is regulated by the Cyprus Securities and Exchange Commission, while the Capital Index (UK) Limited is regulated by the Financial Conduct Authority in the United Kingdom. Beyond that, there is also Capital Index Pty Limited, a subsidiary of the Cyprus branch that operates in Australia and is registered with ASIC. All of these entities form the Capital Index group and offer essentially the same products and trading conditions.

Because of this, the company is highly regulated around the world and of course is required to adhere to safety of funds principles by the perspective regulatory bodies.

Trading accounts

Capital Index offers three main account types including: Islamic, Advanced, and Pro. The Islamic account is suitable for traders looking to forgo interest. The Advanced account is more targeted at the average trader, who isn’t looking to trade high-volume, but is looking for variable spreads. For the professional trader, the Pro account offers tight variable spreads, but spread betting is not allowed. Capital Index offers Forex, indices, commodities, bonds, metals, in the CFD and spread betting situations.

Trading conditions

Initial deposit

Capital Index requires at least an initial deposit of £/$100 to open a live account. Compared to many other brokers, it offers the lowest barrier to entry. Capital Index allows deposits via debit/credit card, wire, bank transfer and Skrill.

Spreads and commissions

Capital Index offers both fixed and variable spreads. The fixed spreads in the Classic commission free accounts amount to two pips on EUR/USD. Variable spreads are available on the upper tier accounts, amount to roughly 0.9 pips on the EUR/USD pair, but also involves commission charges of $3.50 per lot per side.

Maximum leverage

Capital Index offers leverage up to 1:30, which is low for most brokers. There are brokers out there that offer more leverage, but quite frankly high leverage levels are a bit dangerous. Obviously, you can make large profits on a small deposit, but the exact opposite is also true.

Trading platforms

Capital Index offers MetaTrader 4, which should be known by most traders. This allows you to automate your trading by using Expert Advisors, it’s a lot a robotic algorithm do its thing. There are a wealth of technical indicators, a strong back testing environment, and the charting package which is second to none.

Extras

Capital Index has a significant offering of extras, including strong analysis and educational areas. There is a glossary, a “learning to trade” section, and a large news and in the analysis situation. They even have the “idea of the day” that is quite popular. Ultimately, this is a broker that is highly regulated and gives you the ability to trade the world, something you’ll enjoy.