Yes, you can trade forex on Capital.com, but you are not buying and selling real currency (although your profit and losses are not fake and very real). Instead, you are trading CFDs which allow you to go long or short a currency pair and your profits are based on a contract for the difference between the opening and closing prices of your position.
Capital.com Forex Trading Review
Product Name: Capital.com Forex Trading
Product Description: Capital.com has one of the easiest-to-use forex trading platforms of all the brokers we cover. They have a really slick account opening process and a simple yet effective platform with a wide range of forex markets to trade.
Summary
- Forex pairs available:Â 122
- Minimum deposit: £20
- Account types:Â CFDs & spread betting
- Equity overnight financing:Â Long -0.0014% Short +0.0052%
- Pricing:Â EURUSD 0.6, GBPUSD 1.3, USDJPY 0.8
Pros
- Easy to use Forex trading app
- Transparent forex rolling costs
- Set your own forex leverage
Cons
- No forex options trading
- No DMA Forex trading
- Basic trading platform
-
Pricing
-
Market Access
-
Online Platform
-
Customer Service
-
Research & Analysis