Profile
This Capital Index review evaluates the broker’s regulation, platform support, product offering, and trading conditions. Capital Index is a globally operating CFD and forex broker with a focus on transparent STP execution and MetaTrader 4 access. The firm is regulated in multiple jurisdictions and targets retail and professional traders seeking competitive spreads and fast execution.
Regulation and Safety
Capital Index operates under multiple regulatory bodies:
- FCA (UK) – Capital Index (UK) Ltd – License No. 709693
- CySEC (Cyprus) – Capital Index (Global) Ltd – License No. 249/14
- SCB (Bahamas) – Capital Index Ltd – License No. SIA-F199
Key safety measures across these entities include:
- Segregated client accounts at top-tier banks
- FSCS (UK) and ICF (Cyprus) compensation schemes
- Negative balance protection for retail clients
- Independent external audits
Execution Model and Trading Platforms
Capital Index uses a Straight-Through Processing (STP) model with no dealing desk intervention. Execution features include:
- MetaTrader 4 (MT4): Available on desktop, web, and mobile
- Supports Expert Advisors (EAs), scalping, and hedging
- Execution speeds under 50ms under normal conditions
Capital Index does not currently offer MT5, proprietary platforms, or FIX API access.
Markets and Instruments
Capital Index offers access to a modest but focused CFD product suite:
- Forex – 60+ currency pairs
- Indices – US500, GER40, UK100, NAS100
- Commodities – Gold, Silver, Brent, WTI, Natural Gas
- Cryptocurrencies – BTC/USD, ETH/USD, LTC/USD (CFDs)
There is no share CFD or ETF trading. Crypto CFDs may not be available under FCA rules for retail clients.
Accounts, Spreads and Leverage
Capital Index offers three account types:
- Advanced: No commissions, spreads from 1.4 pips
- Pro: Raw spreads from 0.0 pips + $7/lot commission
- Premium: Custom pricing, dedicated account manager
Trading conditions include:
- Minimum deposit: $100 (Advanced), $5,000 (Pro), $50,000 (Premium)
- Maximum leverage: 1:30 (UK/EU retail), up to 1:200 (SCB offshore)
- Stop-out level: 50%
- Islamic (swap-free) accounts available on request
Funding and Base Currencies
Clients can deposit and withdraw via:
- Bank transfer, Visa/Mastercard
- Skrill, Neteller (depending on region)
- Base currencies: USD, GBP, EUR
Deposits are processed within 1 business day; withdrawals take 1–3 business days. No internal fees are charged, but third-party costs may apply.
Client Protections and Features
Client protection varies by regulatory entity but includes:
- Negative balance protection (retail clients)
- Segregated accounts at EU and UK banks
- ICF/FSCS compensation up to €20,000/£85,000
- Secure client portal and two-factor authentication (optional)
Capital Index also provides risk education materials and a trading glossary.
Institutional and Retail Offering
Capital Index serves primarily retail clients but does offer limited institutional services:
- Retail: Low spreads, MT4, multiple account types
- Professional: Higher leverage, custom spreads
- Institutional: No FIX API or white-label solutions published
IB and affiliate programs are available for introducing brokers.
Pros and Cons
Pros
- Multi-jurisdictional regulation (FCA, CySEC, SCB)
- True STP execution model
- Low minimum deposit on Advanced account
- Segregated funds and compensation scheme coverage
- Supports EAs, scalping, and hedging
Cons
- No MT5 or proprietary platform
- No stock or ETF CFDs
- Limited institutional infrastructure
- No FIX API or DMA access
Frequently Asked Questions
Is Capital Index regulated?
Yes, Capital Index is regulated by the FCA in the UK, CySEC in Cyprus, and the SCB in the Bahamas.
What platforms does Capital Index offer?
Capital Index offers MetaTrader 4 (MT4) across desktop, mobile, and web terminals.
What is the minimum deposit required?
The minimum deposit is $100 for the Advanced account and $5,000 for the Pro account.
Does Capital Index offer cryptocurrency trading?
Yes, crypto CFDs are offered, but they may be restricted under FCA rules for UK retail clients.
Is Capital Index suitable for professional or institutional traders?
Capital Index caters mainly to retail and professional traders. Institutional offerings are limited and do not include FIX or DMA access.