Capital.com Review for Australians

What is Capital.com?

Capital.com has grown exponentially over the past few years. One of the biggest CFD trading platforms on the internet, it comes with tons of features along with immense diversity that allows you to have a portfolio consisting of thousands of assets. Since its inception, Capital.com has stayed true to its mission of making the financial industry accessible for all. It is available in over 180 countries, including Australia where they have a legal license to provide their financial services. Their AFS-licensed office in Melbourne provides Australians with a seamless trading experience without any restrictions.

Capital.com has unique aspects that attract both experienced and new traders. The platform is popular for its on-point insights, latest industry news, webinars, educational content, and demo account to practice for free. Combined with automated trading, the inclusion of several markets like crypto, indices, and forex, 10+ payment methods, and extremely low fee, these features bring convenience to Australian and global traders. To get started with Capital.com, simply sign up on the platform, verify your identity by submitting your authentic and official Australian documents, and you will be good to go.

Capital.com features for Australians

Take a quick look below to see what Capital.com brings to the table for Australian users.

With these features, Capital.com exceeds the expectations of most traders. Be it the diversity, learning opportunities, professionals, payment methods, and whatnot; they are good in all aspects. So, let’s take a closer look at the features of Capital.com and evaluate what you as a trader can get.

Several payment methods for easy and fast deposits

The best thing about Capital.com is that the platform offers a variety of payment methods that Aussies can go with for easy and fast deposits. For starters, you can instantly use your credit or debit card on the platform and deposit cash without worrying about the inconvenience. You will not be charged a single extra buck except for the conversion fee, and the funds will be available in your Capital.com account to use. But if you do not want to use your card, there are many alternatives available like Skrill and Netteler. These electronic wallets also support AUD as a fiat currency which you can then deposit in your Capital.com trading account. But do note that AUD is not supported as an individual fiat currency on Capital.com, so the funds in your account will be converted into USD, EUR, or GBP.

Capital.com users can also make a deposit through direct bank transfers. But make sure to check out the minimum deposit amount, and the time it would take to process your transaction in order to avoid confusion. If you are a resident of Australia, you will not face any problem topping up your account.

Over 6,000 CFDs are available in different markets

Capital.com is the king of diversity! The platform offers over 6,000 CFDs that anyone from Australia or any other part of the world can access. So, if you want to have unlimited opportunities to explore and check out, Capital.com can be your go-to platform. Plus, these 6,000 assets are divided into multiple markets, including cryptocurrencies, forex, indices, shares, and commodities.

Capital.com also updates their CFDs list periodically. You can efficiently divide the risk by investing in multiple markets and assets rather than trading a single or a few pairs only all the time. The diversity allows you to make more money while exploring and learning new market movements which can help you develop strategies.

Basic and advanced trading interfaces

Capital.com has two types of trading interfaces that traders can use while executing their trades. The default layout is actually very basic and comes with a small chart along with the section to place the order. The advanced layout is targeted toward professionals and experienced traders in the field. With the advanced interface, you can evaluate the charts more efficiently. You can also select different timestamps or compare two different pairs at the same time on a single screen.

With the integrated sidebar, you can also select other options and customize the layout. But if you do not want to deal with such complicated features, you might want to stick to the default layout with basic features only.

Mobile applications for iOS and Android devices

Capital.com brings mobile applications for users who do not want to miss an opportunity to trade at the right time and win. With Capital.com’s mobile applications, you can trade anywhere and anytime you want. The easy-to-use interface allows users to explore all the markets and trade efficiently with their mobile devices. You can also turn on the notifications and alerts so that you can know how your positions are performing or what the latest news has come in.

Capital.com mobile applications are available for Android and IOS devices. Just visit the application store of your device and install the application with a single click.

Trade with MetaTrader for more options

MetaTrader is one of the most popular trading software that is used by millions of traders from all over the world. In case you are not comfortable using the Capital.com trading layout, you can download MT4 on your mobile or computer and link your Capital.com account with it. 

MT4 offers more options than the average trading layout offered by trading exchanges. You can create your own strategies, enable automated trading, integrate bots, make scripts, and do whatnot without any sort of restrictions. MT4 gives you complete freedom to customise your trading experience with your skill set rather than restricting yourself to limited features only.

Earn up to $800 CPA or 30% revenue share with an affiliate program

Capital.com has an excellent affiliate program that pays users well when they bring other users to their platform. If you have friends or family members in Australia or anywhere who might be interested in trading, you can recommend Capital.com and ask them to join the platform. Capital.com pays a 30% revenue share for each person you bring, or you can go with the CPA model to get your rewards. It is a good way of creating another income stream while you trade on the platform. The more people you bring to the platform, the more you will be able to earn.

Trade and practice for free with a demo account

No one is a professional right from the start. Everyone starts somewhere and makes mistakes before they can be stable in whatever they are doing. The same scenario goes with trading, where if you make a bad move, you can lose a lot of money. That is why Capital.com has offered demo account option, which users can opt for and practice for free with all the available features. You can get hands-on experience and test out all the strategies using virtual money. This helps you learn how the market moves, when to place trades, how to read charts, where to take risks, and how to win the trades with the algorithms you have created.

Latest news, analysis, and insights

Capital.com has a separate section for the latest news, analysis, or insights. Whether you want to know how the Australian market is performing or what could happen next in the crypto industry, you can rely on Capital.com’s to post the latest news and analysis. You can also check out their educational webinars designed to help traders open a path to better trading. With the news and analysis, you can easily predict what might happen in the future or where the market will move.

Regulated and licensed in Australia with the best security

One of the biggest concerns for traders is the legitimacy and regulation of a trading exchange they are going to join. If you are an Australian and planning to sign up for Capital.com, you need not worry.  The platform is licensed and regulated by Australian authorities, making it even safer and more secure. Capital.com is also very keen on providing different means to protect their users’ accounts. Aside from just a simple password, you can also enable 2FA and email alerts for your account so that no unauthorised party will be able to access your account.

24/7 English customer support

Capital.com offers customer support in 9 different languages, and you can get 24/7 English support to sort out your issues. You can also email them your problem in detail, and they will get back to you with a solution to help you out.

Fees and payment methods of Capital.com for Australians

Capital.com is one of the most affordable trading platforms on the internet. Instead of a fixed trading fee, Capital.com works on a spread-increment basis which also varies depending on the chosen pair and the type of market. In short, whenever you trade on Capital.com, you will get a slightly higher price spread, but it will be the fee you would pay to the platform. Capital.com claims that their spreads are competitive even with the many features they offer.

There are no deposit fees and fees for using different payment methods! Yes, you read that right. You can use any of the available methods, and all the fees will be covered by the platform.

The same scenario goes with withdrawals; Capital.com covers all the withdrawal fees incurred on your transaction. You can transfer the funds to your bank account or withdraw them to your electronic wallets without worrying about paying a hefty fee.

Pros and Cons of Capital.com

Conclusion

Capital.com is a perfect blend of everything that a trader would desire. It offers the ultimate trading experience with countless CFDs and almost all the popular markets you would want to trade in. But is it a good choice for Australians? It definitely is! The different payment methods that can be used by Australians, licensing and regulations according to the Australian authorities, and dedicated customer support are just a few reasons why any Aussie would enjoy using Capital.com.

With the support of MetaTrader, you can explore a whole new world of automation and strategies. With the educational content and demo account, you can start from scratch and go all the way up to the professional level.