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CapTrader Review & Rating 2022

CapTrader Review & Rating 2022

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CapTrader is one of the most significant brokers based in Germany which provides over 1.2 million assets for investment and trading purposes. But is this a scam or a reliable online broker? Read this detailed review to find out about CapTrader.

We have done thorough research about the broker and found out that the CapTrader is a legit broker for international oriented assets. It provides extensive access to various markets and enables new and advanced traders to invest. It includes a mosaic of assets including Stocks, ETFs, Futures, Options, Forex, and further assets.

In this review, we will discuss every detail of the broker from business history, reputation, trust, pricings and brokerage charges.

Overview

Company
8/10
Trust
9/10
Trading Platform
9/10
Account Types
9/10
Costs
8/10
Customer Support
9/10
Regulation
8/10
Cryptocurrency
7/10

Company

8 /10

Captrader is a Germany based trading platform with an history of over 25 years. It was founded in 1997 as an asset management company. The CapTrader brand was however created in 2009 as an online broker. In addition to releasing a wide variety of webinars, seminars, and training courses in 2011, CapTrader also introduced its first online trading offering to the market. The following year, the current managing directors of CapTrader, Andreas and Christian Weiß, released their book "So optimieren Sie Ihr Trading" (How to optimize your trading) through Börsenmedien AG.

It not only provides platform to trade and invest but also provide leading trading education, free trading tools, access to all major international markets and best in class customer support. It is an ideal trading platform for beginners and advanced traders. It claims to provide best conditions for traders in a dynamic trading environment. They provide award-winning, user-friendly mobile trading application.

Trust

9 /10

CapTrader is one the most trusted broking company. It has thus won multiple awards including Focus Money’s “Highest customer satisfaction 2022” and F.A.Z. Institute’s “Germany’s best financial providers 2022”.

As an Introducing Broker for Interactive Brokers, CAPTRADER is owned and run by FXFlat Wertpapierhandelsbank GmbH in Germany. The Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC) both have strong regulatory oversight over Interactive Brokers, which is why it is well-respected and well-recognized globally. Additionally, CAPTRADER is a member of the Financial Services Compensation Scheme (FSCS) programme and holds a licence from the Federal Financial Supervisory Authority (BaFin) to conduct business in Germany. As a result, client funds are protected up to £30 000 plus 90% of an extra £20 000. Client money are maintained in separate Barclays Bank accounts and are periodically audited.

Trading Platform

9 /10

More than a million securities transactions may be processed with ease by the infrastructure that powers CapTrader. Additionally, there is technology that immediately forwards your order in less than a second for the greatest execution. Utilize an extensive selection of robust trading platforms to increase the speed and effectiveness of your trading activity. Discover if this platform is best for you or not.

The effective trading platform at CapTrader, known as The Trader Workstation (TWS), is distinguished by its great reliability and stability. It provides the choice to trade at more than 150 markets globally from a single account for traders, investors, and institutional users. It has been built to provide stable trading experience even in turbulent stock exchange times. Over 60 types of orders and algorithms are provided with the platform for free.

Active traders and investors that trade not only stocks but also numerous products like options (OptionTrader) and futures may want to employ thorough news, technical research, and risk analysis tools for their trading strategy since they require both performance and flexibility in this instance.

The trading application is best in class which provides the advanced functionality required for trade and manage the account without any hassle. With the app users can track their portfolio anytime and anywhere. It provides real time quotes and charts for better understanding of the movements in the market.

Another trading platform provided by the CapTrader is AgenaTrader. With the AgenatTrader, you can navigate the market like a pro without having any programming experience. You get the software for your capitalised trading account for free and without any conditions as a CapTrader customer. It provides huge range of feature, and scope for automations in trading. It helps trader to build trading strategies using technical analysis from the charts.

TRADING TOOLS OFFERED

CapTrader provides multiple tools to enable retail traders to perform at par with institutional traders. Various tools help traders to make informed decisions and provide reliable data on a real-time basis. Following are the tools provided by the CapTraders.

  1. FXTRADER: For trading on the foreign currency markets, use the optimised FXTrader. This tool's range of capabilities also includes the display of trading volumes, open transactions, executions, positions, average prices, P&L, and price quotations based on real-time streams, upward and downward indicators, as well as several other data. More than 20 different order types are supported by the FXTrader, including scale orders, bracket orders, and trailing stop limit orders.
  2. BookTrader: For aggressive traders, day traders, scalpers, and arbitrageurs who need to swiftly make and submit orders, the BookTrader is a useful tool. You can invest in the required security, grow your position, or completely close it with only one click.

In order to prevent the trader from getting lost even during busy trading periods, different colors are designated for the various order types. The BookTrader can, of course, be uniquely modified.

  1. Risk Navigator: A real-time market risk management technology called The Risk NavigatorSM gives you a thorough evaluation of risk potential for a variety of asset types globally.

You can quickly discover the hazards you are exposed to thanks to the transparent tabular work surface.

  1. OptionTrader: For ambitious traders who want to handle, overview, analyse, and trade options in a single window, the OptionTrader has been designed. You can generate and manage option orders (including combination orders) and use a thorough overview of all accessible option chains in the OptionTrader. It also allows you to monitor market data on the underlying.

Account Types

9 /10

For every need, CapTrader has the appropriate account type. Private investors have the option of opening either a single account or a joint account. Alternatively, do you prefer to oversee all your family members' accounts through a single principal account. Then you are welcome to administer up to 15 sub-accounts using the CapTrader family account.

You need a corporate account or a Trader GmbH account since you have a business. These account kinds are also available for opening at CapTrader according on your requirements. Additionally, CapTrader offers the option of foundation accounts.

You prefer to follow a portfolio manager's plan of action rather than engage in active trading.

Costs

8 /10

CapTrader has free of charge account opening option. However, the minimum deposit is higher than $500. You must first transfer the required minimum deposit from your bank account to your brokerage account in order to start trading after completing registration and the account setup process. At CapTrader, a $2,000 minimum deposit is required. Although the account opening is fully online and available to all most everyone, it is a bit cumbersome to open an account at CapTrader.

The broker's trading fee is based upon the volume and it is calculated per share or as trade's value percentage. If you like trading on margin then you check the broker's margin rates.

The average mutual fund costs charged by CapTrader can be avoided by purchasing thousands of US mutual funds, including those from Allianz, BlackRock, and Schroder, without paying a transaction fee.

Initial fund orders must be at least $3,000, and future orders must be at least $100.

A straightforward price structure that includes all regulatory and exchange costs is used when buying a fund that is not in the "free-to-buy" category. The commissions for mutual funds that CapTrader charges are generally typical.

In forex market it charges $13.9 for EURUSD, EURGBP benchmark fees is $14.2 and AUDUSD benchmark fees is $11.4 which is slightly on the higher side compared to other competitors.

Its Bond Fees varies from $5.0 for US Treasury bond and $10.0 for EU government bond which is the similar to other competitors.

In terms of withdrawal it provides bank transfer only and takes 2 business days’ time for withdrawal.

Customer Support

9 /10

CapTrader has a phone, live chat, and email support with expert and friendly staff. It also has worldwide free hotline number for queries and issue resolution. However, its service is slightly weaker compared to its competitors as it does not provide 24/7 support facility.

Regulation

8 /10

The best measure to check weather a broker is safe, or a scam is to check whether it is regulated or not. It is often seen that the reliability of a broker depends upon the number of regulations it clears, thus making it safe and secure for the investors.

An international brokerage for traders and investors, CapTrader is situated in Germany. It is an introducing broker for the Central Bank of Ireland-licensed Interactive Brokers IE. BaFin and the FCA both regulate it. Client funds are guaranteed up to £30 000 plus 90% of an extra £20,000 thanks to CAPTRADER's membership in the FSCS programme and its BaFin trading licence. Thus, it is definitely safe and not a scam.

Conclusion

The trading platform of CapTrader is designed with the most advanced features, so you can trade in a safe environment. Not only does it have regulatory oversight from major financial authorities across Europe and Australia but also English supervision agencies like FSCA (Financial Service Commission of automated). As well as this their Demo Account will give new customers an idea on what they're getting themselves into before risking any money or other assets on real trades.

Reviewed By

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