CapTrader Review 2024
Minimum
deposit:
  • $2000

Trading platform:

  • WebTrader
  • CapTrader Mobile
  • Client Portal (Desktop)
Regulation:
  • FCA
  • BaFin

CapTrader Review 2024

Updated:
Updated: October 06, 2023
Via CapTrader's secure website.

7.51

/

10

TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum
deposit:
  • $2000

Trading platform:

  • WebTrader
  • CapTrader Mobile
  • Client Portal (Desktop)
Leverage:
  • from 1:5 (on CFDs on stock indices), up to 1:20 (on CFDs on stocks)
Trading features:
  • Inactivity fee

Summary of CapTrader Trading Company

CapTrader is a reliable broker with the TU Overall Score of 7.51 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by CapTrader clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews showed that the broker’s clients are mostly satisfied with the company. CapTrader ranks 5 among 79 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.

CapTrader — works according to the ECN scheme and thus provides its clients with direct access to liquidity providers. The company's clients can access such instruments as Forex, futures, options, stocks, ETFs, etc. In addition, CapTrader offers two programs for investing through MAM accounts. CapTrader is an Interactive Brokers Introducing Broker targeted at a European audience. The broker's minimum deposit is $2,000, and the maximum leverage is 1:20.

CapTrader is a Forex broker, which was founded in Germany in 1997. The company is headquartered in Dusseldorf. CapTrader is an Introducing broker to Interactive Brokers. The platform uses Interactive Brokers software, which is why the brokers have identical user accounts, trading platforms and products. CapTrader provides access to 7 categories of assets and trading instruments: Forex, commodities, stocks, ETFs, futures, options and CFDs. The company is regulated by the Federal Financial Supervisory Authority (BaFin, 10156708). In addition it is an introducing broker and the European licenses from the regulators of Ireland and the UK (208159) held by Interactive Brokers apply to it as well.

💰 Account currency: EUR, GBP, USD, CHF, CZK, PLN, DKK, NOK, SEK
🚀 Minimum deposit: USD 2,000
⚖️ Leverage: from 1:5 (on CFDs on stock indices), up to 1:20 (on CFDs on stocks)
💱 Spread: from 0.3 pips
🔧 Instruments: Currency pairs (105), stocks (7,100), ETF (13,000), options (33), futures (32), CFD
💹 Margin Call / Stop Out: 100%/50%

👍 Advantages of trading with CapTrader:

  • Partnership with a well-known broker – International Brokers.
  • Access to 145 global stock markets.
  • 70,000+ trading instruments.
  • 3 types of trading platforms.
  • Access to analytical service Trading Workstation.

👎 Disadvantages of CapTrader:

  • High minimum deposit – $2,000 or an equivalent.
  • Limited education options.
  • Technical support is available 24/5.

Evaluation of the most influential parameters of CapTrader

User Satisfaction Customer Satisfaction Score (CSAT) is a unique metric of Traders Union based on the analysis of user reviews posted on pages of each broker profile by the visitors of our website from all around the world. We have been collecting these broker reviews for over 13 years, and therefore, we know and understand the level of customer satisfaction with a specific brokerage company better than anyone else.

7.22

/10

Regulation and safety The score for this parameter is based on the licenses a company holds. The higher the level of the license, the higher the score. Obtaining licenses in other jurisdictions also improves a broker’s score. We divide all licenses into three levels:

Level 1 jurisdictions (high level of trust): CFTC – USA, FINMA – Switzerland, FCA — UK, ASIC – Australia, CBI – Ireland, JFSA — Japan, MAS – Singapore, FMA — New Zealand, IIROC – Canada, SFC – Hong Kong.

Level 2 jurisdictions (medium level of trust): CySEC – Cyprus, FSCA – South Africa, CBRC – China, SEBI – India, ISA – Israel, SECT – Thailand, DFSA – United Arab Emirates

Level 3 jurisdictions (low level of trust): FSC – Belize, FSC – British Virgin Islands, FSC – Mauritius, VFSC – Vanuatu, SCB – The Bahamas, BMA – Bermuda, CIMA – Cayman Islands

9.50

/10

Commissions and fees This parameter comprises a comprehensive analysis of all commissions and fees charged by a brokerage company, including trading and deposit/withdrawal fees. Also specific fees, for example the inactivity fee, are taken into account in the final score for the fees. Users can find detailed fees charged by a company in the broker’s profile.

9.30

/10

Trading instruments For this parameter, we evaluate the number of trading assets a broker offers access to in each group of financial instruments. We analyze the quotes a broker offers on Forex pairs, metals, indices, commodities, stocks, and cryptocurrencies. This parameter also includes evaluation of broker’s investment programs, for example access to copy trading, which we regard as an additional type of a trading instrument.

8.80

/10

Brand popularity Traders Union experts are confident that brand awareness mostly fully reflects the real state of affairs in a company – the more popular the broker, the more people trust it. The score for this indicator is based on the data analysis of such services as Ahrefs and SemRush, which show how often a company’s brand is searched on Google. In addition, indicators of the SimilarWeb service, which show the approximate number of visitors of the broker’s website, are also taken into consideration. We also review disclosed official reports of brokers, which allow for evaluating their client base.

8.90

/10

Customer support The score of this parameter is based on the number of available communication channels of a company’s support service. The quicker and easier it is to contact the broker’s support, the higher the score. We check every available support channel, test the speed of processing of requests and completeness of provided information through several interactions.

9.10

/10

Education This parameter provides an evaluation of a company’s capacity to work with beginners. Only quality training and provision of full and unbiased information can help novice traders and investors minimize the risks of losing money, even when working with top-ranked companies. Brokers with useful educational and informational tools, including webinars, tutorials, podcasts and articles, receive higher scores.

9.60

/10

Geographic Distribution of CapTrader Traders

Popularity in

68.24%
DE
Germany
8.07%
CH
Switzerland
6.7%
AT
Austria
4.66%
PL
Poland
4.19%
RU
Russian Federation
3.5%
US
United States
3%
TR
Turkey
2.9%
GB
United Kingdom
2.84%
CA
Canada
2.51%
IN
India
15.39%
Others
Others

Video Review of CapTrader i

User Satisfaction i

19 comments
Total score:
6.9 /10

Share your experience

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cindyxt11
1 year ago

They blocked my account, robbed me of $9,000. That's so easy and simple. Know who you are going to do business with!

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Sophearktr
15 weeks ago

2023 turned out to be a good year for me with Cap Trader. The broker launched a lot of new things. I gradually began to receive a stable profit, although not very big. Overall, I'm happy with my trading. I still wish development for the broker, as there is always something to work on, and I wish more profit for myself!

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Anastasialype
1 year ago

Normal company. I was able to earn quite a decent amount with her in the first month. I think this is an indication. Yes, they have obvious shortcomings, but I hope they will be eliminated over time. They have no significant effect on trade.

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MichaelLop
2 years ago

CapTrader is aimed at professionals. A beginner will not pull a deposit or a commission. By the way, this is the first time I've come across commission limits. Usually a floating spread is just a floating spread. And with CapTrader, even with a zero spread, you will have to pay a minimum of $3.75. I don't understand the rationale behind this approach. They would withhold the commission for the lot, and there would be no claims. They also charge for withdrawal. It’s good that it’s only 1 euro, otherwise there is still a bank commission, and it’s not so small. The terminal is suitable for professional trading - a lot of indicators and drawing tools. Fundamental data is also broadcast. Automated trading and any strategies are allowed.

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jdportes
2 years ago

CapTrader is a licensed broker and that guarantees that it will pay regularly. It is regulated by the UK, Germany, and Ireland, so it will not go beyond its legal framework. The execution of transactions was fast, and I did not notice slippages and requotes. Separately, the smooth functionality should be noted, and the company stands out favorably against its competitors. I intend to continue using this trading platform.

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tilleydb
2 years ago

I only regret that CapTrader did not come across to me earlier because I lost a lot of time on several scams, which poured out empty promises, but did not fulfill their obligations. But you can completely rely on this broker; it does not fail either in the execution of transactions or with the withdrawal of earned funds. Plus, it should be noted the availability of automated trading. Plus, there are no restrictions on trading strategies.

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jitintewari
2 years ago

CapTrader is a good option for both experienced investors and beginners. Do not let novice traders be intimidated by the high entry threshold, this is a normal starting deposit for reputable brokers who are aimed at long-term play, and not at ripping off users. The leverage is quite low, so you shouldn't really count on it. One of the advantages that I cannot remain silent about is the presence of the powerful Trading Workstation analytical tool.

Expert Review of CapTrader

CapTrader is an example of how you can build a successful brokerage company based on the Introducing Broker partnership program. The company appeared in 1997 as a partner of the globally known brand Interactive Brokers and took all the best from it – a user-friendly account interface, trading platforms, Investor’s Marketplace platform, where professionals offer their services.

CapTrader offers its clients one type of trading account, which makes trading conditions equal for all. The commission limits set by the broker are worth taking notice of. The minimum commission is USD 3.75. The broker also provides low leverage for retail traders. The broker has a professional analytical instrument Trading Workstation, and 3 types of trading platforms. There is automated trading and there are no limitations on trading strategies.

CapTrader is regulated under the licenses of Interactive Brokers, namely by the regulators of Ireland and the UK. The broker also holds a license in Germany. It is an important factor in terms of reliability. Therefore, CapTrader is a reliable platform with a wide set of features, targeted primarily at the professional traders.

Anton Kharitonov

Anton Kharitonov

Financial expert and analyst at Traders Union

Dynamics of CapTrader’s popularity among
Traders Union’s traders, according to 2023 data

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Investment Programs, Available Markets and Products of the Broker

CapTrader offers solutions not only to traders, but only to investors. Specifically, the company’s clients can use managed accounts (MAM). The company offers MAM accounts to investors with different risk levels, minimum investment amount, types of used assets and trading instruments, etc. The clients of the company are also awarded additional bonuses through referring new traders.

MAM accounts – passive income solutions

CapTrader offers its clients investment accounts managed by the company’s specialists. They are available to all broker’s clients, who deposit the required minimum amount. There are two types of MAM accounts on the platform:

  • Rating A. The minimum investment amount for opening this type of trading account is EUR 10,000. The expected return on this account type is 10-20% per annum. The key instruments to earn the return are options, benchmark – EuroStoxx 50. This type of MAM account has been available since 2011.

  • WHITE². The minimum investment amount for this type of trading account is EUR 20,000. The expected return is 10-20% per annum. The key instruments to earn the return are options, stocks, ETFs.  Benchmark – S&P 500. This type of MAM account has been active since 2017.

The clients get direct access to positions and trades via the trading platform. The commission on MAM accounts ranges from 10% to 20% of the return depending on the risk level chosen by you.

Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

CapTrader’s partnership program

  • CapTrader partnership program envisages financial bonuses for referring new clients to the platform. In order to participate in the program, a trader needs to fill out and submit a corresponding application.

According to the conditions of the program, a client is considered referred once he/she registers and funds the account. If the referral deposited EUR 2,000 to the account, the user who referred him/her will be credited EUR 74. For deposit amounts from EUR 2,000 to EUR 25,000, the premium is EUR 150. If the initial deposit exceeds EUR 25,000, the user who referred the new client will be awarded EUR 250.

Trading Conditions for CapTrader Users

CapTrader offers its clients access to trading over 70,000 assets and trading instruments, including currency pairs, stocks, ETFs, mutual funds, commodities, futures, options and CFDs. Marginal trading is available and the leverage ranges from 1:5 to 1:20. The broker’s clients can test the platform and the trading conditions of CapTrader using a free demo account.

$2000

Minimum
deposit

1:20

Leverage

24/5

Support

💻 Trading platform: WebTrader, Client Portal (Desktop), CapTrader Mobile
📊 Accounts: Demo, Standard
💰 Account currency: EUR, GBP, USD, CHF, CZK, PLN, DKK, NOK, SEK
💵 Replenishment / Withdrawal: Wire transfer
🚀 Minimum deposit: USD 2,000
⚖️ Leverage: from 1:5 (on CFDs on stock indices), up to 1:20 (on CFDs on stocks)
💼 PAMM-accounts: Yes
📈️ Min Order: 0.01
💱 Spread: from 0.3 pips
🔧 Instruments: Currency pairs (105), stocks (7,100), ETF (13,000), options (33), futures (32), CFD
💹 Margin Call / Stop Out: 100%/50%
🏛 Liquidity provider: over 20 major banks
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Orders execution: Market Execution
⭐ Trading features: Inactivity fee
🎁 Contests and bonuses: No
Your capital is at risk. 
Via CapTrader's secure website.

CapTrader Commissions & Fees

Information
Traders Union experts have analyzed trading and non-trading commissions of CapTrader. The broker offers one account type, which is why the clients pay the same commissions. The spread of 0.3 pips is applied to the currency pairs. However, there is a minimum commission – USD 3.75 or an equivalent amount in another currency per trade. There is also an inactivity fee – USD 1 per each month of inactivity. There are withdrawal fees as well. For the first withdrawal, the broker charges EUR 8 fee and for each next one – EUR 1.
Account type Spread (minimum value) Withdrawal commission
Standard From $3.75 Yes

The broker charges swaps (commission for position rollover to the following day). Traders Union analysts also compared average commissions of CapTrader, Admiral Markets and FXPro. You can see the results of the comparison in the table below.

Detailed Review of CapTrader

CapTrader aspires to offer its clients the best prices and the widest variety of trading instruments. The company operates based on the Introducing Broker program at Interactive Brokers, one of the top platforms for trading and investment in the world. The order execution type available to the broker’s clients is Market Execution. Also, automated trading is allowed on the platform and the trader can use the company’s analytical services.

CapTrader in figures:

  • Over 24 years in the market.

  • Over 70,000 trading instruments.

  • Over 145 markets.

CapTrader is a broker for trading and investment

CapTrader operates based on the ECN (Electronic Communication Network) technology, providing its clients with direct access to Forex liquidity providers. Thanks to this, order execution is very quick and it is possible to trade with minimum market spreads. Clients of the company have access to 7 classes of assets: Forex, commodities, stocks, ETFs, futures, options and CFDs. For passive investment, the traders can use MAM accounts, which CapTrader offers. The broker has two MAM account programs for different budgets and with different types of used instruments. There is also an option for setting up risks, on which the commission per trade depends.

CapTrader provides access to trading via WebTrader, Client Portal (Desktop) and CapTrader Mobile platforms. The company does not have any limitations on the use of trading strategies.

Useful services offered by CapTrader:

  • Trader Workstation – an analytical platform provided to the company’s clients for free. Using it, you can quickly and conveniently analyze charts and receive news. You can connect up to five charts and monitor them simultaneously.

  • Agena Trader – CapTrader’s software for trading automation. Clients can set up risk management criteria, automate calculation of orders, use an integrated trading diary, etc.

Advantages:

1

7 classes of assets are available for trading.

2

All funds of the traders are kept on segregated accounts, separately from the broker’s funds.

3

Negative balance protection.

4

Spreads from 0.3 pips.

5

MAM accounts managed by the company’s specialists are available to investors.

6

The broker provides analytics, online instruments for fundamental and technical analysis for all clients.

All trading instruments of the broker are provided for free to all traders, who opened an account with the company. Also, automated trading is available on CapTrader.

How to Start Making Profits — Guide for Traders

CapTrader offers its users only one trading account type, which is why the trading conditions are the same for all clients. The minimum deposit is USD 2,000 or an equivalent in another currency. Marginal trading, which depends on the chosen type of trading instruments, is available to the traders. Also, the broker provides access to marginal trading with the following leverage:

Account Type
Description
1:5
for traders working with CFDs on stock indices;
1:20
for clients trading CFDs on stocks.

Demo accounts of the broker are available for all trading platforms.

CapTrader is an ECN broker that provides beneficial trading conditions, a wide selection of assets and trading platforms for the clients.

Bonuses Paid by the Broker

At the moment, CapTrader does not offer bonuses to the clients. The traders, who opened an account with the broker, use 100% of their personal funds for trading.

Investment Education Online

Information

Education on the platform is rather limited to only webinars. At that, CapTrader does not provide the schedule of the events; you can find out about it only by contacting the technical support.

Information provided in the Education section
Information lacking on the CapTrader website
Webinars
Forex glossary
Video tutorials on working with the company’s products
Description of trading strategies
 
Trading psychology
 
What is CFD?
 
Main types of Forex transactions
 
Methods of risk management

The broker does not offer a cent account, which is why the demo account is the only option to test your knowledge in real life.

Security (Protection for Investors)

Information

CapTrader was founded in Germany and continues to operate there in 2021. The company’s headquarters are located in Dusseldorf. The company operates on the Introducing Broker program by Interactive Brokers and is regulated by the same regulators and the same licenses.

In particular, CapTrader operates in the UK on the FCA licenses No. 208159. The operation in other countries is regulated by the financial institution of Ireland – Central Bank of Ireland, license No. C423427. The company is also registered and regulated by the German regulator BaFin.

👍 Advantages

  • The funds of the clients are separated from CapTrader’s capital and are kept on segregated bank accounts
  • Negative balance protection
  • In the broker violates the obligations envisaged by the offer, the client can file a complaint with the regulator

👎 Disadvantages

  • Opening an account requires provision of detailed financial information
  • It is impossible to deposit and withdraw funds without verification
  • Limited choice of electronic payment systems for deposit and withdrawal transactions

Withdrawal Options and Fees

  • CapTrader processes a withdrawal application within 2-3 working days.

  • The money can be withdrawn via a wire transfer. Debit/credit cards, electronic wallets and cryptocurrencies are not supported by the broker.

  • In order to withdraw funds, you need to link the details of your bank account to your trading account. You will need to specify the name of the bank, country of its registration and IBAN.

  • The broker charges EUR 8 withdrawal fee for the first withdrawal of the month and EUR 1 for every following withdrawal transaction.

  • A trader needs to pass verification in order to be able to deposit funds.

Customer Support Service

Information

Customer support on CapTrader operates 24 hours a day from Monday to Friday. The support is not provided on the weekends.

👍 Advantages

  • You can ask a question in the online chat without being the company’s client
  • Support is available in English and German

👎 Disadvantages

  • Operates 24/5

The broker offers the following methods of contacting customer support:

  • Phone (specified in the Contact section);

  • email;

  • online chat on the website or in the Personal Account;

  • feedback form;

Both registered and unregistered users can submit their enquiries to the technical support.

Contacts

Foundation date 2001
Registration address Elberfelder Str. 6, 40213, Dusseldorf, Germany
Regulation
Official site
Contacts
Your capital is at risk. 
Via CapTrader's secure website.

Review of the Personal Cabinet of CapTrader

In order to start trading with CapTrader, you need to become the broker’s client by opening a trading account. Here is a brief guide to account opening:

1

In the upper menu of the website, select the Account tab and click on Live Account.

CapTrader review – Live Account
CapTrader review – Live Account
CapTrader review – Live Account
2

Next you will see a short review of trading conditions and a registration form, where you will need to provide your place of residence, first name and last name, gender, age and other information.

CapTrader review – Basic registration form
CapTrader review – Basic registration form
3

Next, the broker will ask you to provide detailed information. You will need to provide your address and country of residence, nationality, financial information, date of birth, etc. You will also need to specify the types and numbers of documents that will be used for verification.

CapTrader review – Detailed registration form
CapTrader review – Detailed registration form
4

The last stage of registration is verification. Without it, you will not be able to access your trading account, deposit or withdraw funds. You will need to upload scanned copies of your passport or ID card and proof of your address.

CapTrader review - Verification
CapTrader review - Verification

The following features are available in Personal Account:

  • Reports. This section features detailed information about the trades performed by the trader, trading assets the client works with, etc.

  • Trading. In this tab, the clients get access to all trading platforms and analytical services available on CapTrader.

  • Investor’s Marketplace. This is a feature borrowed from Interactive Brokers. The company’s clients can use it to promote their services on asset management, education, consulting, etc.

Disclaimer:

Your capital is at risk.  Via CapTrader's secure website. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.

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FAQs

Do reviews by traders influence the CapTrader rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about CapTrader you need to go to the broker's profile.

How to leave a review about CapTrader on the Traders Union website?

To leave a review about CapTrader, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about CapTrader on a non-Traders Union client?

Anyone can leave feedback about CapTrader on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

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