After researching dozens of online platforms and personally testing the most highly recommended of them, we strongly believe Capital.com is the best online trading platform in India. With zero fees on intra-day trading, a lightning fast web platform and their proprietary Negative Balance Protection, Capital.com gives you the best chance at financial success with a clean, easy-to-use interface.
The fact that you’re reading this tells me you know how tough it can be to find a good online trading platform in India. There’s so much information out there that just getting started with a stock broker in India can be overwhelming.
That’s why we wrote this guide: to cut through all the nonsense and give you a clear, pointed answer of who you should open your trading account with. We’ve researched dozens of online trading platforms from all over the world, tested many of them, and have paid particular attention to local Indian brokers as well.
By the end of this post, you’ll have all the tools and information you’ll need to make your first online trade within the next 15 minutes. And no, that’s not an exaggeration. Let’s get started.
- Who This Guide Is For
- Who This Guide Is Not For
- Our Selection Process
- The Winner: Capital.com
- Capital.com vs. The Incumbents
- Capital.com vs. Saxo Bank
- Cryptocurrency Trading
- My Experience With Capital.com
- Pricing & Fees
- How To Sign Up
#1 Who This Guide Is Written For
This post is geared at a few specific groups of people:
- People living in India looking to amplify their wealth
- People looking at moving to India seeking an income stream to sustain their lifestyle
- Current or past professional traders looking to trade and profit outside of the office
- Frequent travelers looking to trade part-time while on the road
- Anyone else interested in learning about CFD trading in India, forex, cryptocurrency, and the ins and outs of day trading
If you fit into one (or several) of these groups, read on. If not, this probably isn’t the right guide for you, and you may want to do some more Googling around.
#2 Who This Guide Is Not Written For
There’s one group of people that the recommendations in this guide are not appropriate for: absolute beginners. If you don’t know what “forex” means, you’re in the wrong place. I can’t recommend anyone lacking a base understanding of financial knowledge—whether you’ve gained that understanding through your career, courses at university, or by teaching yourself online and with books—to start trading, since the odds are very high that you’ll lose money. If you’re looking to learn about online share trading in India for beginners, or you don’t know the basics of trading equities, forex pairs and CFDs, go do your homework and come back later. You’ll be in a much stronger position when you’re ready to actually start trading, and you’ll be glad you waited.
(Note: Many online trading platforms, including the one I highly recommend, allow beginners to trade with paper (fictional) money while they get the hang of things. Still, please do not trade with your hard-earned money if you aren’t confident that you know what you’re doing. Losing money is not fun.)
#3 Our Selection Process
If you’re like most people, you want a few specific things out of your online trading platform:
- Low or Zero Fees: This is key for day trading, where bid-ask spreads can already take a big chunk out of your profits.
- Speed: Since you’ll be day trading, having up-to-the-second prices is extremely important. Any platform that has delayed pricing or causes your laptop to run slowly is no good.
- Ease of Use: Ease of use is crucial. When you’re in the heat of a trade, with thousands of dollars on the line, the last thing you want is a clunky trading platform that causes you to make a mistake. As such, we’ve only considered trading platforms that have intuitive, easy-to-use interfaces combined with robust back-ends that are powerful enough to handle all of the transactions you want to make.
- Compatible With India: I don’t mean that the platform has to be exclusive to Indians when I say this. I mean that it needs to work extremely well with existing Indian infrastructure. For example, the platform needs to accept the most common funding methods in India, allow Indians to sign up and start trading with ease, and offer customer support in timezones that match with the waking hours of India.
With these four primary criteria in mind, we dug into dozens of online reviews about these platforms to see what long-time users were saying. We used these reviews to select the top twelve for our own round of testing, where we tested them on just about everything we could think of.
One early thing we noticed was that just about every platform was bound by a lot of regulatory oversight, which makes for a horrible signup process, or it had high/hidden commissions and fees. There were a few that performed well, though, and one that stood out from the pack as being far better than the rest.
We ranked each platform on more than a dozen metrics. We found these to be the most telling:
- Price Accuracy: Using a script that logs equity prices in real-time, we retroactively compared each platform’s prices over multiple intervals with the prices provided by a Bloomberg terminal, which was used as our control. The closer a platform’s prices were to the Bloomberg terminal, the more accurate we deemed the platform to be.
- Bid-Ask Spread: At the same time as we captured prices, we also captured bid-ask spreads and compared them in real-time to the price of the underlying equities. Lower bid-ask spreads are better, of course.
- Commissions & Fees: We looked at commissions and fees on everything: funding your account (using various methods), per-trade fees, bid-ask spreads, overnight fees, withdrawal fees, monthly or annual membership fees, and any other miscellaneous fees we could find that would be relevant to a regular user. Some platforms had extremely high fees (eg. $200 USD or ₹10,000) to solve very unlikely circumstances, but we opted to ignore these fees, since 99+% of users would never find themselves in those situations.
- Customer Support: Each of our testers was given a unique set of scripts to simulate common and uncommon problems they would pose to each platform. They measured response time and indicated the quality of support they received.
- Ease of Use: This is a subjective metric, but still an important one. We measured ease of use by having each of our testers perform a series of tasks (buying an equity, setting a stop-loss, funding their account, and more) and recording both how long those processes took and whether they encountered serious difficulty or frustration in doing so.
- Signup Speed: We had multiple Indians, plus multiple foreigners people living in India (originally of various nationalities), sign up for each of the platforms and logged how much time it took them to be approved, from when they first reached the website to when they were in a position to make their first trade.
After looking at all of this data, both qualitative and quantitative, we identified three online trading platforms that stood out from the rest. None of them were India-specific platforms, since our in-depth research process told us that none of the local competitors were quite as good as these international heavyweights. However, because so many people in India really love some of the local players—Upstox, Zerodha, India Infoline (IIFL), ICICIDirect, Sharekhan, and Market Hunt—we’ve included side-by-side comparisons of each of those below. Some of the costs included below are in $ USD, since that’s the currency these online trading platforms use.
Here’s a side-by-side comparison of the top three:
|Minimum Initial Deposit||$0||$0||$200|
|Inactivity Fee||$0||$10/month||$5/month (after 12 months)|
|Funding & Withdrawal Options||Excellent||Poor||Excellent|
|Intra-Day Trading Fee||$0||$0.005 per share (minimum $1 per trade)||$0|
|Commissions & Fees||Excellent||Good||Average|
|Ease Of Use||Excellent||Poor||Good|
A quick look at this chart makes one thing extremely clear: Capital.com is the best online trading platform in India. With an easy-to-use web and mobile interface, extensive (and free) funding and withdrawal options and zero fees on intra-day trading, it’s an ideal choice for most people.
Capital.com vs. eToro
We like Capital.com over eToro for a number of reasons, but mainly because it has much lower fees:
- Zero Withdrawal Fees: eToro charges a $25 fee on every withdrawal regardless of size. Capital.com never charges a withdrawal fee.
- Zero Inactivity Fees: eToro has an inactivity fee of $5/month after 12 months of inactivity. Capital.com never charges an inactivity fee.
- Zero Currency Conversion Fees: eToro’s currency conversion fees are high when you fund your account with a currency other than USD. Capital.com allows you to hold currency in any of British Pounds (GBP, £), Euros (EUR, €), U.S. Dollar (USD, $), or Polish Zloty (PLN, zł), so you probably won’t need to convert currency to fund your account. I recommend funding your Capital.com account with your N26 Black or N26 Metal account to ensure your account gets funded ultra-fast and with zero fees.
eToro is good, but it imposes a lot more fees than Capital.com, including fees that don’t provide any value to users (eg. inactivity fees). That, combined with Capital.com’s tighter bid-ask spread and better customer support give us full confidence that Capital.com is a better choice than eToro.
Capital.com vs. Interactive Brokers (IBKR)
We like Capital.com over Interactive Brokers (IBKR) for a number of reasons:
- Funding & Withdrawal Options: Probably the biggest pain-in-the-ass when it comes to IBKR is that you can only fund and withdraw money from your account by way of a wire transfer. This was fine a number of years ago when banking was done in branches, but today, it’s completely unacceptable. Interactive Brokers won’t accept funds from debit cards, credit cards or PayPal, nor will it pay out in any way other than a bank wire. Capital.com works with just about every payment you can imagine, and I regularly fund my Capital.com account from my N26 bank account, where the money arrives in less than thirty seconds.
- Ease Of Use. Anyone who has used IBKR knows that their interface is powerful, but far from intuitive. The app often has users going in circles, and doesn’t make it clear how to perform simple transactions like buying and selling an equity. The web interface is no better. By contrast, both Capital.com’s app and web interface are extremely intuitive and easy to use.
- Zero Inactivity Fees. IBKR charges a $10 monthly inactivity fee, and even if you use your account in a given month, they’ll still charge you at least $10. For example, if your trades for the month add up to $4 in commissions, IBKR will charge you $6 more on top to ensure they get their $10 per month. Capital.com never charges any monthly fees.
Interactive Brokers is a fine option, but it can be both difficult and expensive to fund your account with them, since you can only pay with a bank wire. This is a particularly big problem for Indians, whose banking infrastructure is quite different from those of the United States and much of Europe. Plus, IBKR’s clunky, non-intuitive interface feels archaic next to Capital.com’s sleek, modern user experience. We’re very confident that most people will prefer Capital.com over Interactive Brokers.
#4 Capital.com Is The Best Online Trading Platform In India
Founded in 2016, Capital.com is one of the largest investor-centered financial technology (“fintech”) companies in the world. It serves more than 300,000 clients of all experience levels, who buy and sell millions of financial instruments through contracts-for-difference, also known as CFDs.
Capital.com’s artificial intelligence-based app allows traders to leverage the power of artificial intelligence to trade CFDs on a range of financial instruments, including stocks, cryptocurrencies, indices, forex pairs, commodities and more. For traders looking for a more sophisticated way of approaching the markets, Capital.com’s AI-driven platform has the answer.
Other Capital.com review posts only seem to mention a few of the site’s features, and are quite brief when comparing its advantages and disadvantages. I prefer to be much more thorough, so the information below should help guide anyone looking for a better, smarter way to trade financial instruments through CFDs.
#5 Features Of Capital.com
Most people find themselves falling into one of two distinct modes on Capital.com: Learning Mode and Trading Mode.
In Learning Mode, you can study the markets, learn the basics of trading CFDs, and brush up on breaking news in your specific areas of interest. These are the features you’ll enjoy in Learning Mode:
- Free financial webinars
- Educational courses for traders
- Extensive markets glossary
- Comprehensive CFD trading guide
- Cryptocurrency trading tutorial
- Investmate, Capital.com’s investor education app
In Trading Mode, Capital.com’s artificial intelligence helps you to confidently navigate through market ups and downs and decide what and when you want to trade. In short, Capital.com lets you trade from a position of both power (based on its AI) and knowledge (based on its financial tutorials and materials). These are the features you’ll enjoy in Trading Mode:
- Mobile trading app
- Robust web trading platform
- Real-time prices
- Real-time financial news
- Stops & limits
- Negative Balance Protection on levered trades
- Competitive swap rates
- Hedging mode
- Risk management tools
- 70+ tech indicators
- Trader sentiment
What is it like to trade on Capital.com?
If you’re familiar with the look and feel of a Bloomberg terminal, then you’ll feel right at home with the Capital.com trading platform.
If not, though, you certainly won’t be left in the dark.
When I first began trading on Capital.com, I was truly surprised with how easy and simple using the site was. I learned my way around the platform in a matter of minutes, and made my first successful trade less than 10 minutes after beginning the signup process.
What’s even better is that as I used the platform over the ensuing days and weeks, I discovered additional depth and functionality that surprised me even more. The trading platform has managed to be simple without being simplistic.
Three Quick Benefits Of Trading On Capital.com:
- No Fees: That’s right, there are no fees when you day trade with Capital.com. If you hold your positions overnight, you will be charged a very small (0.001% to 0.05%) fee, which is extremely good when compared to the fees and commissions many other platforms charge, which are often 0.5% or more per trade.
- Easy To Use: This couldn’t be more important to me. I’m not a professional trader (ie. I don’t work at a bank or hedge fund), so I like my trading platform to be straightforward enough that I can understand it easily, yet robust enough that it can do everything I need it to do. Capital.com strikes this balance perfectly.
- Lightning Fast: My laptop is getting older, so it slows down quite a bit when I overload it, especially in Google Chrome. Yet Capital.com’s trading platform has never slowed down or frozen my laptop. Not even once. I see up-to-the-second price updates coming in all the time, and I have no problem whatsoever trading with real market data in real time.
You can try out the Capital.com trading platform completely free before verifying your identification or funding your account. Just sign up below to take a look around.
What equities and financial instruments can you trade on Capital.com?
The short answer: all of them.
The entire marketplace is at your fingertips at Capital.com. For clarity and ease of use, each type of security has its own page on the website, but here’s the general breakdown:
- Stocks/Equities: Stock CFDs are one of the best ways to take advantage of general or niche market trends. Capital.com gives traders the ability to personalize your experience and deal with targeted areas of the market or whole swaths of economic activity at once. Currently you can trade on equities from stock markets in the following countries: United States, United Kingdom, Germany, France, Hong Kong, Italy, Norway, Russia, Spain, Sweden, Switzerland.
- Indices: Trade CFDs backed by indices, with nearly 20 of the most heavily-traded global indices—including the S&P 500, the NASDAQ 100, the Dow Jones 30 and the FTSE 100—sorted however you want to see them: based on volatility, biggest gainers, biggest losers, or most traded. Configure charts for any time frame that makes sense for you: hourly, daily, weekly, monthly, etc.
- Forex: It’s easy to trade global currencies via CFDs when you have access to nearly 100 of the most-traded currency pairs. Each pair listed on Capital.com features up-to-the-minute buy/sell data and change percentages. Every instrument listed comes with a full range of functionality so you can use targeted charting, view volatility and examine risers and fallers, or hone in on trading volume.
- Commodities: Play the popular world markets like oil, natural gas, gold, silver, and copper, as well as less popular markets like orange juice, carbon emissions and palladium all from a single platform, all based on real-time data and 100% functional capability.
- Cryptocurrency: Trade more than two dozen of the world’s most relevant cryptos, including Bitcoin (BTC), Ethereum (ETH), Ripple (RPL), Litecoin (LTC) and Bitcoin Cash (BCH) with the added security of not owning them, not having to fret about liquidity, and having access to a wealth of trading data before making a move.
#6 Comparing The Best Stock Brokers In India
After doing our global research and isolating Capital.com as the best trading platform for users around the world, we dug even deeper to ensure that that still held true here in India. We decided not to include discount brokers in India in our comparisons, Capital.com offers a far superior service with even lower (zero!) fees than the discount brokers. As we compared the most popular Indian web trading platforms, we kept noticing that they’re missing these standard, critical features of Capital.com:
- Much More Accurate Pricing. Our research showed again and again that nearly all of the Indian trading platforms offer less accurate pricing (and larger bid-ask spreads) than the international platforms. This probably has something to do with currency conversion, since trading on U.S., European and Japanese markets while using rupees is going to be expensive. This is something most users overlook, but the small spread differences have a big impact on your profits over time.
- Zero Fees. Without exception, all of the Indian online trading platforms charge fees for items that Capital.com does not. For example, they all charge account opening fees and intra-day trading fees (see the chart below), while Capital.com never charges either.
- Better Interface. While some of the Indian trading platforms are reasonably well-designed, none of them come close to the clean, easy-to-use interface of Capital.com. This doesn’t mean that Capital.com is trading robustness for simplicity—it’s still more than powerful enough to do everything you want it to do. It means that the Indian trading platforms don’t have designs that are nearly as user-friendly as Capital.com, and that makes a big difference when it comes to making smart, successful trades.
|Capital.com||Sharekhan||Zerodha||Upstox||India Infoline (IIFL)||ICICIDirect|
|Intra-Day Trading Fee||₹0||0.1%||0.01%||₹20 per trade||0.10%-5.00%||0.275%|
|Account Opening Fee||₹0||₹750||₹300||₹150||₹750||₹975|
Let’s quickly look at each of these in turn.
Capital.com vs. Sharekhan
Sharekhan is one of the most popular online trading platforms in India, though in our testing, we discovered a few glaring deficiencies in what Sharekhan offers. Here’s why we prefer Capital.com over Sharekhan:
- No Account Opening Fee: Sharekhan’s ₹750 account opening fee is one of the highest of all the Indian trading platforms, and it just doesn’t quite make sense. Why would any platform that wants to help their customers make money charge them so much upfront? By contrast, opening an account with Capital.com is completely free.
- Zero Intra-Day Trading Fees: Sharekhan charges 0.1% on all trades, including intra-day trades, which can add up quickly when you add on their moderately large bid-ask spread. In contrast, Capital.com never charges intra-day trading fees, which keeps your money in your pocket.
- Far Superior User Interface: Fees aside, one big issue that Sharekhan users consistently run into is the outdated, clunky interface (see the photo below). The web trading platform looks like something from the 1990s, and the app is only slightly better. Capital.com, on the other hand, is sleek, user-friendly and easy to use from the get-go. If you’ve used Sharekhan in the past, switching to Capital.com will feel like stepping into a new world.
Capital.com vs. Zerodha
Zerodha is another of the favorite web trading platforms in India, but when we dug into things, it proved to be not as good of a product as many people believed. Here’s why we prefer Capital.com over Zerodha:
- More Customer Support Options: More and more customer service is being done over live chat these days, but Zerodha still hasn’t implemented live chat functionality. Zerodha also doesn’t have a toll-free support number, which sounds like a minor thing but can be important if you have an urgent problem to solve while you’re outside of India. Capital.com has live chat, offers local numbers in more than twenty countries around the world, and offers quick responses over email, too.
- Lower Fees Of Every Kind: Zerodha charges a ₹300 account opening fee, an annual ₹300 account maintenance fee, and a ₹9 fee for every transfer you make in and out of your account, which sounds insignificant but adds up quickly. Capital.com never charges any of these fees.
- Superior User Interface: Zerodha’s user interface isn’t as bad as Sharekhan’s, but it certainly isn’t great, either (see the photo below). The app is just the same—not terrible, but certainly not fun to use. Capital.com’s user interface is much, much better.
Capital.com vs. Upstox
Upstox is one of the Indian online trading platforms that actually has a great user interface. It’s intuitive and easy to use, yet there are still some obstacles that prevent us from recommending Upstox. Here’s why we prefer Capital.com over Upstox:
- Zero Brokerage Fees: Upstox charges ₹20 for every transaction, even on intra-day trades. Capital.com doesn’t charge any intra-day trading fees, no matter how large or small your transaction is.
- Trading On Margin: One of the big benefits of Capital.com, which we cover in our in-depth Capital.com review, is being able to trade on margin. Trading on margin (also known as trading with leverage) allows you to multiply your profits by trading with money you don’t actually own. For example, you can trade stocks at a margin of 5:1, which means you can buy ₹5 worth of stock for every ₹1 you add to your account. Capital.com allows even greater leverage on other asset classes: commodities trade at 10:1, stock market indices at 20:1 and forex pairs at 30:1. Upstox doesn’t allow you to buy on margin at all, which means you’ll need to wait longer to make big returns.
Capital.com vs. India Infoline (IIFL)
India Infoline is pretty similar to Sharekhan, so we have similar reasons why we prefer Capital.com over India Infoline as we do Sharekhan:
- Zero Day Trading Fees: IIFL charges intra-day fees on every trade, some of which can be very expensive. For example, its Variable Brokerage Plan charges as much as 5% (2.5% upon opening a position, 2.5% upon settlement) on options, which is an extremely high fee. Its fees on futures (0.05% upon opening a position, 0.05% upon settlement) are more reasonable, but still higher than they need to be. Capital.com never charges any fees on intra-day trading.
- Far Superior User Interface: IIFL’s user interface isn’t quite as bad as Sharekhan’s, but it almost is (see the photo below). The app is a bit better, but still far from inspiring. I just can’t imagine using it every day without going a little bit crazy. Capital.com’s user interface is much, much better.
Capital.com vs. ICICIDirect
ICICIDirect charges some of the highest fees of any of the Indian online trading platforms, but that’s only one of the reasons we prefer Capital.com over ICICIDirect:
- Much Lower Fees: ICICIDirect’s account opening fee of ₹975 was the highest of all the Indian web trading platforms we looked at, and it makes you wonder why. Their 0.275% trading fee is also extremely high, and when you combine it with their bid-ask spread, seriously stacks the odds against day traders. Capital.com never charges an account opening fee or any intra-day trading fees.
- Far Superior User Interface: Just like IIFL, ICICIDirect’s web interface is pretty bad. It’s clunky, it’s slow, and it constantly tries to sell you irrelevant services like help with your income taxes (see the photo below). The mobile experience also looks like it was built ten years ago and never updated once. In the heat of a trade, when money is on the line, I just don’t have confidence that ICICIDirect’s platform will come through for me. Capital.com feels at least 20 years ahead when you compare the two.
Bonus: Capital.com vs. Market Hunt
Market Hunt is another online trading platform that comes up quite a bit in online forums and reviews in India, so it’s worth mentioning here. However, just like many of the other platforms, Market Hunt charges higher fees than Capital.com and has an old-school user interface, which is shown directly on the company’s homepage and in the photo below. Not exactly user-friendly, is it? We can’t recommend Market Hunt over Capital.com.
#7 Cryptocurrency Trading In India
You can trade dozens of the most popular crypto pairs via Capital.com. That means Bitcoin, Ripple, Ethereum, Litecoin and dozens more. It’s as easy as checking out the latest market data on a given pair and then making a trade.
Keep in mind that because you’re trading CFDs and not the actual underlying cryptocurrency itself, you won’t need a cryptocurrency wallet to execute these trades (nor will you receive the keys to your crypto assets). This works the exact same way as trading in the commodities markets: when you buy a million kilograms of wheat in the commodities market, no one has to actually deliver the wheat to you. Instead, the option on the wheat is known to be yours, and you can sell it at whatever time you choose.
This is quite a revelation for India, where trading cryptocurrency is notoriously difficult. You can go through the process of signing up and verifying your account with one of the other Indian cryptocurrency exchanges—Zebpay, Unocoin, Coinsecure, and others—which can take days or more to get set up, or you can start trading cryptocurrency CFDs immediately with Capital.com.
Two more bonuses of trading cryptocurrency CFDs with Capital.com:
- Margin Trading: Trade with leverage of 2:1, which allows you to invest twice the amount of money you actually have. That means that if a cryptocurrency jumps by 50%, your return will actually be double that, or a 100% gain.
- More Secure: Cryptocurrency trading comes with an inherent amount of risk, since you’re generally holding your crypto balances on wallets that you don’t wholly control. When you trade cryptocurrency CFDs, though, you’re actually trading an asset that’s backed by the various regulatory bodies that govern Capital.com, making the process much more secure and reliable.
#8 My Experience With Capital.com
My personal experience with Capital.com has been extremely positive for a number of reasons:
- Extremely easy to get started: I made my first trade within 10 minutes of beginning the signup process, which is absolutely unheard of when it comes to joining a new trading platform. Normally it can take days or even weeks to get set up with someone like Interactive Brokers, but Capital.com has streamlined this process in an impressive way.
- Total transparency: I like that whenever I make a trade, everything is laid out in front of me: a description of what I’m buying, how much I’m paying for it, what price I need to sell it for to make my intended profit, etc. Many trading platforms used by professional traders are too overwhelming for the non-professional, but Capital.com caters to both groups very well.
- An incredible app: Of all the apps I’ve tried over the years, Capital.com has the best trading app hands-down. It’s both intuitive and powerful, and gives you AI-led suggestions to help aid you in your trading. I used to do 100% of my trading from my laptop, but more and more I now find myself buying and selling my positions from within the Capital.com trading app.
I’ve been using Capital.com to trade stocks (5:1 leverage) and a few forex pairs (20:1 or 30:1 leverage) for the past number of months, and I haven’t encountered any problems yet, big or small.
#9 Pricing & Fees
One of the things I like most about Capital.com’s fee structure how clear it is:
- 0% fees on day trading
- 0% fees for deposits, withdrawals, real-time quotes, trade opening/closing, educational materials, charts, or use of indicators
- Very small fees (0.001-0.05%) fees on overnight positions
Let’s unpack these individually.
0% fees on day trading: This is exactly what it sounds like—absolutely no fees outside of the bid/ask spread. Capital.com’s commission is baked into the bid/ask spread, which is always made clear before you execute a trade, so they’ll never surprise you with an unexpected fee. Bid/ask spreads can be as low as $0.00002.
0% fees for deposits, withdrawals, real-time quotes, trade opening/closing, educational materials, charts, or use of indicators: Deposits and withdrawals are completely free, meaning you can pay $1,000 from your credit card and have $1,000 show up in your account moments later (funding your account really is instant like this). In rare instances, Capital.com does charge fees for inactivity of more than one year ($10 USD for maintenance).
Very small fees (0.001-0.05%) fees on overnight positions: The only time you pay trading commissions with Capital.com is when you hold your positions (either long or short positions) overnight. Then they charge an extremely low nightly fee, such as 0.001%. For reference, most other trading platforms charge something like a 0.5% commission per trade, which means in this example, Capital.com’s fee is 1/500 that of the other platforms.
#10 How To Sign Up
There are a few things you need to sign up for Capital.com:
- You must reside in one of the following countries: Argentina, Armenia, Austria, Azerbaijan, Bahrain, Bulgaria, Cambodia, Chile, Croatia, Czech Republic, Denmark, Estonia, Finland, Georgia, Germany, Greece, Hungary, Iceland, India, Indonesia, Ireland, Italy, Kuwait, Kyrgyz Republic, Latvia, Liechtenstein, Lithuania, Luxembourg, Malaysia, Mexico, Monaco, Norway, Oman, Pakistan, Philippines, Poland, Portugal, Qatar, Romania, Slovakia, Slovenia, Sweden, Switzerland, Tajikistan, Thailand, The Netherlands, Turkmenistan, United Arab Emirates, United Kingdom, Uzbekistan.
- You must select one of these four currencies: British Pound (GBP, £), Euro (EUR, €), U.S. Dollar (USD, $), or Polish Zloty (PLN, zł).
- You need to verify your account. Read below for instructions on verifying your account with a proof of identity and a proof of address.
Verifying Your Capital.com Account
Once you’ve opened your account, you’ll be eligible to invest up to $2,000. If you want to invest more, though, you’ll need to verify your account within 15 days after opening it with both a proof of national identity (passport, national ID or driver’s license) and a proof of address. For proof of address, you can use any of the following documents, provided they show your full name, address and have been issued in the past six months:
- A bank statement
- A letter from your bank with the bank’s logo
- An online banking screenshot complete with bank logo
- A credit card statement
- A household utility bill for electricity, water, gas, TV or your landline phone
- A tax statement or local authority tax bill
- A residence certificate
I uploaded my documents (my Canadian passport and a statement from my N26 bank account) on a Wednesday afternoon, and my account was verified within 10 minutes.
If you don’t verify your identity within 15 days, your account will be automatically suspended and only unlocked once your required documents have been uploaded and verified.
What About Forex Trading In India? Can I Trade Forex On Capital.com?
Yes, you can absolutely trade forex on Capital.com. There are hundreds of forex pairs you can trade at a leverage of 30:1. For example, the EUR/USD forex pair trades at 30:1 (3.33%) leverage, which means you can trade $30,000 worth of it with just $1,000 in your account. However, in accordance with the FEMA Act under Indian law, Indian citizens are only allowed to trade forex pairs involving INR.
How Does Capital.com Compare With Discount Brokers In India?
We decided not to include Indian discount brokers in our comparisons here, since they offer a very different product that focuses much more on price and much less on quality of service and ease of use. On top of that, Capital.com’s zero-fee structure means you get the money-saving benefits of a discount broker with the intuitive interface and excellent customer support of an international, institutional broker. It’s the best of both worlds.
Are There Any Geographic Restrictions On Capital.com? Do I Need To Use A VPN?
For security purposes, your IP address needs to be in one of the countries mentioned above when you sign up for Capital.com. If you’re in India, you won’t face any troubles. If you’re abroad when you sign up, you can use a VPN to redirect your Internet traffic back to India or to somewhere in Europe so that you’re able to sign up. If you don’t do this, you’ll see a blank screen when you click on the Capital.com website.
Once your account has been approved, things are much easier. You can freely use the Capital.com trading platform anywhere in the world without needing any sort of VPN. For example, I’m Canadian, and while I can’t sign up for Capital.com from Canada (I get the blank screen), I can trade in real-time using their online platform there.
To sign up for Capital.com, you need to live in one of the ~50 countries mentioned earlier (India is one of them, of course). Foreigners living in India can also sign up for an account with Capital.com.
Why Do I See A Blank Screen When I Try To Sign Up For Capital.com?
This means you’re not in India or another country where Capital.com is available. There are two ways to fix this:
- Wait until you’re back in India or one of the other countries listed above, or
- Use a VPN to redirect your Internet traffic to India or one of those other locations.
Also, since so many of you have been asking us for them, here's our full list of country-specific posts outlining how to ship anything from Amazon to any country in the world. Our 2-step method makes it as simple as humanly possible, and takes about 3 minutes total: Austria, Bahrain, China, Cyprus, Denmark, Finland, Hong Kong, Hungary, Indonesia, Israel, Kuwait, Japan, Malaysia, New Zealand, Norway, Oman, Philippines, Poland, Portugal, Qatar, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Sweden, Switzerland, Taiwan, Thailand, Turkey, Asia as a whole, Europe as a whole and the United Arab Emirates.
While you're at it, international travelers should read our N26 review for the best way to get free ATM withdrawals the best rates on currency conversion - anywhere in the world.