Capital.com Account Types

Capital.com Account Features

Retail Account

👉 There is a retail account for every trader, no matter what their goals or preferences are. Traders may look forward to the following features on this account:

➡️ A very low minimum deposit requirement of 8,000 Nigerian Naira or $20

➡️ Commission-free trading as the broker fee is added to the spreads that are charged

➡️ Access to over 6,500 tradable instruments

➡️ Low and competitive overnight fees

➡️ Tight spreads

➡️ Instant price alerts

➡️ Advanced charting

➡️ Flexible leverage according to the trader’s region and the regulation under which they register an account. NBRB regulation offers leverage up to 1:100, FCA up to 1:30, and ASIC/CySEC up to 1:30

➡️ A choice between powerful trading platforms

➡️ Nigerians can go long/short on trades

➡️ Negative balance protection is applied to retail investor accounts

Professional Account

👉 Nigerian traders must take into consideration elements such as leverage limitations, negative balance protection, and presumed experience to qualify as professional accounts.

👉 Because of their competence in trading, professional traders have access to larger leverage levels. For retail trading, negative balance protection is only available. This does not apply to professional accounts.

👉 Because professional traders are deemed to have a high degree of skill in managing risk, they will not have the same risk management tools available to them as regular investors.

Capital.com Demo Account

👉 With a demo account, traders can practice trading with a certain amount of virtual money before risking their own money on the actual market.

👉 Customers of Capital.com have access to a risk-free trading platform that allows them to test methods and practice trading in a safe environment with genuine market circumstances before deciding whether to open an account.

Capital.com Islamic Account

👉 An Islamic Account’s primary function is to serve Muslim traders who adhere to Sharia law. Overnight fees, for example, are prohibited by the legislation since they are considered wasteful or exploitative.

👉 To avoid overnight fees or interest if traders keep positions open for an extended period after the trading day has ended, this kind of account provides an exemption.

👉 While Capital.com does not offer the option for Muslim Nigerian traders to convert their retail account to an Islamic account, the broker offers crypto and stocks to Muslims when they trade without leverage as swap-free options on a retail account.

👉 According to Capital.com, an Islamic account is in progress for Muslim traders who adhere to Sharia law.