CapTrader Full Review- Is It Safe to Invest?

CapTrader is a Forex and CFD trading broker, serving both individual and institutional clients. The broker offers more than 1.2 million trading products across various asset classes such as stocks, shares, forex, CFDs, options, futures, ETFs, bonds, and more.

It aims to provide competitive and reliable trading conditions, a wide range of trading products, and an advanced trading platform suitable for beginners, experienced traders and professionals. Keep reading this CapTrader review to learn more about this platform.

A Detailed Table on CapTrader

Features Descriptions
Country of Regulation Ireland
Minimum Deposit $2000
Leverage 1.30
Available base currencies EUR, GBP, USD, CHF, CZK, PLN, DKK, NOK, SEK
US Stock Fee $0.01 per share; min. $2, max. 1% of trade value
EUR/USD Spread 0.1 pips

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Regulation and Security of CapTrader

CapTrader prioritizes the safety and security of its users through robust regulatory measures. Committed to transparency and compliance, CapTrader operates under the supervision of reputable regulatory authorities. 

It ensures adherence to industry standards and financial regulations. Client funds are held in segregated accounts, assuring their protection from operational risks. The platform employs advanced encryption technologies to safeguard sensitive information and employs strict authentication protocols for user access.

What are the Trading Platforms 

CapTrader offers a couple of powerful trading platforms for its clients. The most popular ones are MT4 and MT5.

MT4 (MetaTrader 4) is a popular trading platform used by millions of traders worldwide. It offers advanced charting tools, automated trading options, and a simple interface. Their MT4 platform gives you access to over 10,000 financial instruments including forex, stocks, indices, metals, and cryptocurrencies.

MT5 (MetaTrader 5) is the updated version of MT4, with some improved features like an economic calendar, fundamental analysis tools, and the ability to trade on multiple asset classes from a single platform. If you’re looking for more advanced tools, MT5 is a great choice.

Commissions and Fees of CapTrader

Commissions and fees are an important factor to consider with any broker. With this platform, here’s what you can expect:

  • Trading commissions: CapTrader charges a flat fee of $1 per trade for US stocks and ETFs, regardless of order size or share price. For options, the base fee is $1 plus $0.15 per contract. These rates are very competitive.
  • Account fees: There are no CapTrader fees for any monthly or annual account. They make money from the trading commissions and interest earned on cash balances.
  • Margin rates: If you want to trade on margin, CapTrader’s rates start at 3.5% and go up to 7% for larger balances. These rates are in line with industry averages.
  • Other fees: CapTrader charges a $50 full account transfer fee and a $15 partial transfer fee. Domestic wire transfers are $25 and international wires are $45. Returned ACH or wire fees are $30.

Deposits and Withdrawals of CapTrader

As a CapTrader customer, you have several convenient options for funding your account and withdrawing your money. For deposits, you can use bank wire transfers, credit/debit cards like Visa and Mastercard, Skrill, Neteller, and select cryptocurrencies. The CapTrader minimum deposit amount is $2000.

Wire transfers typically take 1-3 business days to process, while e-wallets and crypto are usually instant. Debit/credit card deposits are also fast and processed within 24 hours. Keep in mind that fees may apply for some methods.

When you’re ready to withdraw funds from your account, you have the same options. Expect most withdrawals to be processed within 3 business days, though wire transfers can take 5 days or more. There are no fees for one withdrawal per month. After that, a $30 charge applies for additional withdrawals within the same calendar month.

Leverage of CapTrader

CapTrader offers generous leverage for trading the financial markets. Leverage allows you to control a larger position in the market while only tying up a small percentage of your capital. At CapTrader, you can trade with leverage up to 1:30 for major currency pairs like EUR/USD. This means for every $1 in your account, you can control a position worth $40.

How to Create an Account on CapTrader

To create an account on CapTrader, follow these simple steps:

Visit the Website: Go to the official CapTrader website.

Click on “Open Account”: Look for the “Open Account” or similar button on the homepage.

Provide Personal Information: Fill in your personal details, including name, address, and contact information.

Financial Information: Input relevant financial information as required.

Submit Identification Documents: Depending on regulatory requirements, you may need to upload identification documents for verification.

Review and Confirm: Carefully review the provided information and confirm its accuracy.

Account Activation: Once submitted and verified, your account will be activated, granting you access to CapTrader’s comprehensive trading platform.

Is CapTrader Legit or Scam?

CapTrader is a legitimate forex and CFD broker, regulated in two major jurisdictions. It is licensed by the Federal Financial Supervisory Authority (Bain) in Germany, as well as the Financial Conduct Authority (FCA) in the UK. These regulators require brokers to follow strict rules around client funds, trade execution, and transparency.

It has been in business since 2003, and over this time has built a reputation as a trusted broker. It is a subsidiary of FXFlat Bank AG, a fully licensed German bank, further adding to its credibility. CapTrader does not offer binary options, cryptocurrencies or other risky products that are prone to scams.

Rather than a “get rich quick” scheme, CapTrader promotes responsible trading through education. Its platforms and accounts are geared toward new and experienced traders alike. CapTrader’s longevity and dual regulation give traders confidence their funds and data will be handled professionally.

If you have lost money to companies like WeltradeEasyEquities, or MEXEM, please report it today by the below form.

Final Thought

CapTrader seems to offer a solid trading experience with competitive pricing, a decent range of assets, and a reputable platform. The deposit and withdrawal options cover most bases, and customer service appears responsive if you run into any issues. You can also use the CapTrade app for easy trading.

While no broker is perfect, CapTrader checks a lot of boxes for the average trader looking to access the global markets. If you’ve made it this far, you’ve got a good sense of whether CapTrader is the right fit for your needs. Thank you all for reading this article.

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