Capital Index Review 2021

I registered on the Capital Index platform not long ago, so for now I can only tell you about my first impressions. I will say right away: if you have problems with English, forget about working with this broker. That aside, everything else is fine. There is a demo for practice and learning, as well as an account for beginners with an entry threshold of just $100. So far, I have opened a beginner’s account, although a little later I will switch to one of the professional ones because the conditions are more favorable there. The first profit has already been earned and I even managed to access it. The withdrawal to the card took about two days.

Capital Index suits me in many ways. It is immediately clear that the broker is focused on being in the Forex market for a long time. For example, it has all the necessary legal documents, and it has a license from a reputable British regulator.

I started trading here a year ago and during that time there wasn’t a single failure. The execution of trades was instantaneous, and I did not notice any widening of spreads during heavy activity in the market conditions. For active trading, the broker is perfect, IMHO. But fans of passive investing can pass this broker by. The broker did not entertain either PAMM accounts or copy services.

Capital Index positions itself as a modern broker. Trading here is really comfortable, and there are no “hairpins” in the execution of trades. The terminal works without interruptions, and payment discipline is at a high level. But at the same time, this broker has too much red tape and a conservative approach to many things. Take the fact that the choice of payment methods is very scarce. There are no electronic systems for depositing or withdrawing funds. You can use either bank transfers or a card. Trading is not very comfortable here.

Capital Index is my first broker and I think this is a worthy option for entering the financial markets. There is a variety of instruments, and I think the spreads are adequate. The fact that the leverage is low (up to 1:30) should not be viewed as a disadvantage. I believe that this is a kind of "limitation" for traders, preventing newbies from draining their deposits. Sometimes I want to take a risk and make a big trade, but I remember the rules of money management in time and restrain myself. Maybe that's why my account balance is growing - slowly but surely. There are no problems with payments and everything is good.

Capital Index are scammers! When I was depositing money on the account, everybody was so nice communicating with me, and when it came down to withdrawal – everybody disappeared. They sent letters containing no real explanations, just a bunch of useless words and promises. And the last letter was actually written in a rather rude manner. In short, I now know what I’ve gotten myself into.

I registered with Capital Index on a colleague’s recommendation. He lived in the UK for several months, and there he heard about this broker. The company is ready to work with traders, regardless of their experience and the size of their start-up capital. The minimum deposit is $100.

However, I think that beginners will not feel very comfortable here. Within the account for beginners, spreads are offensive, but to open a more favorable premium account, you need at least $5,000! Not everyone can pay such an amount when starting out. It's good that I had experience in active trading and the necessary capital, otherwise, I would hardly want to take out a loan and risk borrowed funds.

I was not given the possibility to multiply my deposit from $100 at Capital Index. I got ‘suffocated’ by swaps. I don’t know what the situation would have been if I had traded inside the day, but this place is definitely not for long-term stuff.