Capital.com was founded in 2016 and has its headquarters in Cyprus, but it has grown into a global broker with a strong presence in Asia, including Singapore. The broker is regulated by the Monetary Authority of Singapore (MAS), making it one of the few international brokers directly licensed by this top-tier regulator. This is a major advantage for Singapore traders who value local oversight and protection. Capital.com offers a proprietary trading platform that is designed for simplicity and speed, with a focus on CFDs across forex, indices, commodities, and cryptocurrencies. The broker has over 10 million registered users worldwide and processes billions in monthly trading volume. For Singapore traders, the key appeal is the combination of MAS regulation, low minimum deposit of $20 SGD, and local payment methods like PayNow. However, sophisticated traders may find the lack of MT4/MT5 and limited product range a constraint. Overall, Capital.com is a legitimate and user-friendly option for Singapore traders seeking a regulated, low-cost entry into CFD trading.
| Detail | Information |
|---|---|
| Founded | 2016 |
| Headquarters | Cyprus |
| Regulated by | FCA,ASIC,CySEC,SCB,FSA |
| Min Deposit | $20 |
| Max Leverage | 200 |
| Platforms | — |
| Islamic Account | ✗ Not available |
| Copy Trading | ✗ Not available |
| Demo Account | ✓ Available |
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | Check broker | Varies | Varies | Check broker |
| Feature | Available |
|---|---|
| Demo Account | ✓ Yes |
| ECN/Raw Account | ✗ No |
| Islamic (Swap-free) | ✗ No |
| Scalping Allowed | ✓ Yes |
| Hedging Allowed | ✓ Yes |
| Expert Advisors (EA) | ✗ No |
| Copy Trading | ✗ No |
Capital.com does not offer an Islamic (swap-free) account. This is a significant drawback for Muslim traders in Singapore who require Sharia-compliant trading that avoids interest (riba). Without a swap-free account, positions held overnight will incur swap fees (interest charges), which are not permissible under Islamic finance. Singapore Muslim traders should consider alternative brokers like Exness, XM, or IC Markets that offer genuine swap-free accounts with no hidden fees. Capital.com's policy is likely due to its regulatory structure and the cost of offering swap-free accounts. If you are a Muslim trader, it is best to avoid Capital.com and look for brokers that explicitly cater to Islamic accounts.
| Feature | Details |
|---|---|
| Islamic Account Available | ✗ No |
| Swap Fees | May apply |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
| Asset Class | Examples | Available | Typical Spread |
|---|---|---|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | ✓ All available | Check broker |
| Gold (XAU/USD) | Spot Gold | ✓ Available | — |
| Silver (XAG/USD) | Spot Silver | ✓ Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | ✓ Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | ✓ Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | ✓ Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | ✓ Available | 0.02% |
| ETF CFDs | SPY, QQQ | ✓ Available | 0.02% |
| Feature | Available | Notes |
|---|---|---|
| Economic Calendar | ✓ Yes | Built into platform, real-time |
| Daily Market Analysis | ✓ Yes | Written + video reports |
| Video Tutorials | ✓ Yes | Beginner to advanced |
| Live Webinars | ✓ Yes | Weekly sessions, recorded |
| Demo Account | ✓ Yes | Unlimited, no expiry |
| Copy Trading | ✗ No | Not available |
| Free VPS | Check broker | For EA/automated trading |
| Local Language Support | ✗ No | English only |
| Support Channel | Available | Hours | Rating |
|---|---|---|---|
| Live Chat | ✓ Yes | 24/5 (Mon-Fri) | ★★★★★ Excellent |
| Email Support | ✓ Yes | 24/5 | ★★★★☆ Very Good |
| Phone Support | ✓ Yes | Business hours | ★★★★☆ Good |
| ✗ No | — | Not available | |
| Local Language | ✗ No | — | English only |
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| Capital.com ★ | $20 | Check broker | ✗ | ✗ | 3.3 |
| Pepperstone | $0 | 0.09 pips | ✓ | ✓ | 4.9 |
| IC Markets | $200 | 0.02 pips | ✓ | ✗ | 4.8 |
| Exness | $10 | 0.10 pips | ✓ | ✗ | 4.8 |
Understanding how Capital.com protects your funds is critical before depositing. Here's a complete breakdown of the security measures in place for Singapore traders:
| Security Feature | Status | Details |
|---|---|---|
| Segregated Client Funds | ✓ Yes | Client money held in separate bank accounts |
| Negative Balance Protection | ✓ Yes | Losses capped at account balance |
| Top-tier Regulation | ✓ Yes | FCA/ASIC/CySEC licensed |
| Investor Compensation | ✓ Yes | Up to £85,000 (FCA) or €20,000 (CySEC) |
| 2FA Security | ✓ Yes | Two-factor authentication available |
| SSL Encryption | ✓ Yes | All data encrypted in transit |
| Audit & Reporting | ✓ Yes | Regular financial audits required by regulators |
Stay updated with the latest developments from Capital.com relevant to Singapore traders:
Capital.com is a solid choice for Singapore traders who prioritize regulatory safety and ease of use. The MAS regulation provides peace of mind, and the low minimum deposit of $20 SGD combined with PayNow support makes it easy to start trading. The proprietary platform is intuitive and fast, especially on Singapore's high-speed internet. However, the broker falls short for sophisticated traders who rely on MT4/MT5 for automated trading or advanced charting. The lack of an Islamic account is a clear drawback for Muslim traders. For beginners and intermediate traders looking for a regulated, low-cost broker to trade CFDs on forex, indices, and commodities, Capital.com is a good option. But for advanced traders or those needing specific platforms, consider alternatives like IG or Saxo. Overall, it is recommended with caveats based on your trading style.