General Information& Regulation
Capital Index was established in 2014 and has expanded into an international brokerage firm. The brand is made up of three entities: Capital Index (UK) Limited authorised by the Financial Conduct Authority (Registration No.709693);ForexCFDs, or Sirius Financial Markets Pty Ltd, authorised by the Australian Securities and Investment Commission (ASIC);Capital Index (Global) Limited, authorised by the Securities Commission of the Bahamas (SCB). Capital Index is an online broker that is located in the United Kingdom (UK), providing clients around the globe with CFD and Spread Betting via the user friendly MetaTrader 4 (MT4) platforms.
Market Instruments
Capital Index offers investors a range of financial instruments including forex currency pairs, commodities, indices and precious metals.
Minimum Deposit
Two account options available for investors to choose from at Capital Index: the Advanced account (the minimum deposit of 100 GBP/ /EUR/USD) and the Pro account (the minimum deposit of 10,000 GBP/ /EUR/USD).
Leverage
Capital Index offers the leverage options , which vary depending on where you are trading from: Capital Index UK – up to 1:30, ForexCFDs – up to 1:200, Capital Index Global – up to 1:500.
Spreads & Commissions
Various account types designed to differences between trading needs. For the Pro account, the spreads on EURUSD from 1pip, GBPUSD 1.3 pips, EURGBP 1.2 pips And with regard to the advanced account, spreads are obviously wider, EURUSD 1.4 pips. No commissions required, and always consider overnight fees as a trading cost.
Besides, there is a monthly inactivity fee required by Capital Index, which can be a big drawback.
Trading Platform Available
Capital Index provide clients with access to the worlds financial markets via the MetaTrader 4 (MT4) platform which is used by millions of traders around the globe. MT4 is widely regarded as the most popular online forex and CFD trading platform for traders of all experience levels. MT4 platform has a fully customisable and user-friendly interface along with a short learning curve and vast array of tutorials to familiarise yourself with the platform.
Deposit & Withdrawal
Clients of Capital Index can make bank transfer and card deposits via one of two pretty secure payment service providers. Deposits and withdrawals cannot be made to/from third party accounts. Objective speaking, the funding options are rather limited compared to some other online brokerages. Besides, what is worth to be mentioned is that funding via bank transfer same day requires a fee of 15GBP/USD/EUR.
Trading Hours
Clients can use the customer portal and website at any time, but trading hours depend on the specific market. Capital Index lists the opening hours for each asset within its product specifications, for example, forex can be traded 24 hours a day Monday through to Friday.
Accepted Countries
Capital Index accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.