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CAPITAL INDEX Broker Review 2024

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CAPITAL INDEX Broker Review 2024
1:200 Maximum Leverage 24/5 Support Demo Trading
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Your Capital is at risk.

Your Capital is at risk.

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Overview
Company:CAPITAL INDEX
Founded:2014
Min Deposit:$100
Max Leverage:200
Headquarter:London
US Accepted:
About
Regulated by FCA United Kingdom and SCB Bahamas, CAPITAL INDEX is a broker with demo trading, Islamic account features and allows traders to use EAs.
Contact
75 King William St London EC4N 7BE
Rank and Score
Pros and Cons
Account Types
Platforms
Pros
Regulated By FCA And SCB
Competitive Spreads (From 1.0 Pip)
User-Friendly MT4 And Proprietary Platforms
No Hidden Commissions
Suitable Educational Resources
Cons
Low Range of Trading Instruments
Relatively High Minimum Deposit for Pro Account
No Cent Accounts for Beginners
No Passive Income Options

Forex, CFD and spread betting trading are available in CAPITAL INDEX broker with minimum deposit of $100. The broker is licensed by FCA United Kingdom and enables traders to use maximum leverage of 1:200.

CAPITAL INDEX Company Information & Regulation

CAPITAL INDEX
CAPITAL INDEX is a British broker operating under the banner of FCA since 2014

CAPITAL INDEX (UK) LIMITED, founded in 2014, is a private limited company registered in England and Wales. With its headquarters at 75 King William Street, London, EC4N 7BE, the company has established itself as a significant player in the financial intermediation sector. CAPITAL INDEX Information:

  • Company number: 09532185
  • Company status: Active
  • Nature of business: Financial intermediation not elsewhere classified

CAPITAL INDEX is regulated by the UK's Financial Conduct Authority (FCA), one of the most respected financial regulators globally. This regulation ensures that the broker adheres to strict financial standards, providing a layer of security for traders.

Additionally, the company is regulated by the Securities Commission of The Bahamas (SCB), further extending its global reach and regulatory compliance.

Specifications

CAPITAL INDEX stands out in the crowded forex market with its robust offering of trading instruments and user-friendly platforms. Here's a quick overview of what sets this broker apart:

Broker

CAPITAL INDEX

Account Types

ADVANCED, PRO

Regulating Authorities

FCA Britain, SCB Bahamas

Based Currencies

GBP/EUR/USD

Minimum Deposit

$100

Deposit/Withdrawal Methods

Bank Transfer and Credit/Debit Cards

Minimum Order

0.01

Maximum Leverage

1:200

Investment Options

None

Trading Platforms & Apps

MT4, MarketBook

Markets

Forex, CFD, Spread Betting

Spread

From 1.0 Pips

Commission

0.02/unit/trade

(min Ā£10 (UK)/ā‚¬10 (EU)/$15 (US) per trade)

Orders Execution

Market

Margin Call/Stop Out

No Information Provided

Trading Features

24/5 Support, Demo Trading, 1:200 Maximum Leverage

Affiliate Program

Yes

Bonus & Promotions

No

Islamic Account

Yes

PAMM Account

No

Customer Support Ways

Indoor Meeting, Phone Call, Email, Live Chat

Customer Support Hours

24/5

What Accounts Does CAPITAL INDEX Offers?

CAPITAL INDEX Account Types
There are only 2 accounts in CAPITAL INDEX

CAPITAL INDEX offers two primary accounts [ADVANCED & PRO] to cater to different trading styles and experience levels; CAPITAL INDEX Account Types:

Specifics

ADVANCED

PRO

Spreads

From 1.4 Pips

From 1.0 Pips

Minimum Deposit

$100

$1000

Base Currencues

GBP/EUR/USD

GBP/EUR/USD

Minimum Position Size

0.01 lot / Ā£0.10

0.01 lot / Ā£0.10

Commission

0.02/unit/trade

(Min Ā£10 (UK)/ā‚¬10 (EU)/$15 (US) per trade)

0.02/unit/trade

(Min Ā£10 (UK)/ā‚¬10 (EU)/$15 (US) per trade)

Maximum Leverage

1:200

1:200

What Are Advantages and Disadvantages?

Answer to this question helps you to have a better outlook from this broker; CAPITAL INDEX Pros and Cons:

Advantages

Disadvantages

Regulated By FCA And SCB

No Cent Accounts for Beginners

User-Friendly MT4 And Proprietary Platforms

Low Range of Trading Instruments

Competitive Spreads (From 1.0 Pip)

No Passive Income Options

No Hidden Commissions

Relatively High Minimum Deposit for Pro Account

Suitable Educational Resources

Sign Up & Verification: Comprehensive Guide

Opening an account in this broker is easier than what it seems and can be completed in just a few minutes. CAPITAL INDEX Sign Up Guide:

  1. Go to the official CAPITAL INDEX website and click on the "CREATE ACCOUNT" button;
  2. Choose your preferred trading platform between MT4 and MarketBook;
  3. Fill out the application and provide your personal information, including name, address, and contact details.
  4. Choose your account type between the Advanced and Pro.
  5. Complete the appropriateness assessment and Answer questions about your trading knowledge and experience.
  6. Verify your identity and to do so, upload required documents for KYC purposes (Government issued ID and proof of address).
  7. Fund your account and make your initial deposit using one of the available payment methods.

The verification process usually takes 1-2 business days. Once approved, you'll be able to start trading immediately.

What Are CAPITAL INDEX Trading Platforms?

CAPITAL INDEX offers two robust trading platforms to suit different trader preferences; CAPITAL INDEX Global Trading Platforms:

MetaTrader 4 (MT4)

  • Trading-standard platform with advanced charting tools;
  • Customizable interface and indicators;
  • Supports Expert Advisors (EAs) for automated trading;
  • Available on desktop, web, and mobile devices.

MarketBOOK

MarketBook
MarketBook is the proprietary platform of CAPITAL INDEX
  • Proprietary CAPITAL INDEX platform designed for both novice and experienced traders;
  • Real-time market data and analytics;
  • Customizable indicators and alerts;
  • Advanced risk management features;
  • Automated trading capabilities.

How Much Are CAPITAL INDEX Broker Spreads and Commissions?

CAPITAL INDEX spreads and commissions is based on their account types and you can compare them in the table below:

Fees

ADVANCED

PRO

Spreads

From 1.4 Pips

From 1.0 Pips

Commission

0.02/unit/trade

(Min Ā£10 (UK)/ā‚¬10 (EU)/$15 (US) per trade)

0.02/unit/trade

(Min Ā£10 (UK)/ā‚¬10 (EU)/$15 (US) per trade)

It's important to note that overnight positions may incur swap fees, which is standard practice in the forex industry.

What Are Deposit & Withdrawal Methods of CAPITAL INDEX?

In this part of CAPITAL INDEX reviews, we checked its payment methods and discovered that there are only 2 available options! CAPITAL INDEX Payment Methods:

  • Bank Transfer
  • Credit/Debit Cards (Visa, Mastercard)

Key Points of Withdrawing or Depositing in This Broker:

  • No fees for deposits or standard withdrawals;
  • Same-day bank transfers incur a small charge;
  • Client funds are fully segregated from company assets;
  • Covered by the UK's Financial Services Compensation Scheme (up to Ā£50,000 protection for retail clients);
  • Third-party payments are not allowed.
  • The minimum funding to open an account is $100 units.

Copy Trading & Investment Options Offered by CAPITAL INDEX

Unfortunately, CAPITAL INDEX does not currently offer copy trading or social trading features. This could be a drawback for traders who prefer to follow and replicate the strategies of successful traders. Additionally, there are no specific investment options or managed account services available through the platform.

Does CAPITAL INDEX Provide Bonuses?

At the time of writing, CAPITAL INDEX does not offer any bonuses or promotional offers. This approach aligns with stricter regulatory requirements in some jurisdictions, which have limited or banned trading bonuses.

Customer Support

CAPITAL INDEX
Customer support in this broker is not available 24/7

CAPITAL INDEX customer support is available 24/5 and off at the weekends or holidays. You can contact them through multiple channels:

  • Phone: Available 24/5 for urgent inquiries
  • Email: For less time-sensitive questions
  • Live Chat: Instant support during business hours
  • In-Person Meetings: Available by appointment at their London office

The support team is staffed by experienced professionals who can assist with technical issues, account queries, and general trading advice. However, it's worth noting that 24/7 support is not available, which could be an issue for traders operating in different time zones.

CAPITAL INDEX Trust Scores & Reviews

CAPITAL INDEX global ForexPeaceArmy
CAPITAL INDEX trust score in ForexPeaceArmy

As we went through CAPITAL INDEX reviews, discovered that it has received mixed reviews from traders in Trustpilot and ForexPeaceArmy, reflecting both positive experiences and areas for improvement:

  • Trustpilot: 3.1/5 based on 25+ reviews;
  • ForexPeaceArmy: 2.1/5 out of just 4 reviews.

While some traders have reported positive experiences with CAPITAL INDEX's customer service and trading platforms, others have expressed concerns about withdrawal difficulties and aggressive sales tactics.

As with any broker, it's essential to conduct thorough research and consider multiple sources of information before opening an account.

TradingFinder Expert Conclusion and final words

CAPITAL INDEX offers 2 account types [ADVANCED, PRO] with commission 0.02 unit per trade. Spreads start from 1.0 pips, no bonuses and lack of copy trading are some of the cons of CAPITAL INDEX broker.

FAQs

Is CAPITAL INDEX a regulated broker?

Yes, CAPITAL INDEX is regulated by the UK's FCA and the Bahamas' SCB.

What is the minimum deposit for CAPITAL INDEX?

The minimum deposit is 100 GBP/EUR/USD in this broker.

Does CAPITAL INDEX offer copy trading?

No, CAPITAL INDEX does not currently offer copy trading features.

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