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اردو
capital.com , FirewoodFX Broker Comparison
Do you want to know which is the better broker between capital.com and FirewoodFX ?
In the table below, you can compare the features of capital.com , FirewoodFX side by side to determine the best fit for your needs.
- Rating
- Basic Information
- Trading Env.
- Account Info
- Related News
- Relevant Exposures
- Rating
- Basic Information
- Trading Env.
- Account Info
- Related News
- Relevant Exposures
2 / 3 forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
- Average Trading Cost
- (EURUSD)
- Average Trading Cost
- (XAUUSD)
Swap
Swap Rating
- Average Trading Cost
- (EURUSD)
- Average Trading Cost
- (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
7.94
Regulated
Under guarantee
5-10 years
ASIC,CYSEC,FCA,CMA,CMA,SCB
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
2.26
Not Regulated
Under guarantee
--
5-10 years
--
Bank Transfer,Mastercard. Visa,China Unionpay,Neteller,Skrill,Perfect Money,FasaPay,Vietnam Exchanger,Thailand Exchanger,Indonesia Exchanger,PerfectMoney,OKPAY
B
B
532.1
280
281
280
1997
1903
1997
A
EURUSD: 0.2
XAUUSD: 0.2
3
1
3
A
12 USD/Lot
19.37 USD/Lot
C
Long: -10
Short: 2.56
Long: -72.13
Short: 26.22
C
1
24.7
Cent,Pro
--
USD 1
1:3000
from 1
20.00
Floating
0.01
--
capital.com 、 FirewoodFX BrokerRelated News
capital.com 、 FirewoodFX BrokerRelevant Exposures
Which broker is more reliable?
To evaluate a broker's reliability and trustworthiness, consider the following four factors:
1.Forex broker introduction。
2.Do capital-com and firewoodfx have lower transaction costs?
3.Which broker is safer?
4.Which broker offers the best trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Forex broker introduction
capital-com
| Quick capital.com Review Summary | |
| Founded | 2016 |
| Registered Country/Region | Cyprus |
| Regulation | ASIC, CYSEC, FCA, SCA, SCB |
| Market Instruments | 3,000+ CFDs, shares, forex, indices, commodites, cryptocurrencies, ESG |
| Demo Account | ✅ |
| Min Deposit | 10 USD/EUR/GBP |
| Leverage | Up to 1:300 (professional) |
| EUR/USD Spread | 0.6 pips |
| Trading Platforms | Mobile Apps, Desktop, TradingView, MT4 |
| Deposit & Withdrawal Fee | ❌ |
| Inactivity Fee | 10 USD or equivalent for inactive for more than 1 year |
| Customer Support | 24/7 multilingual, live chat, phone, email, social media, Help Center |
capital.com Information
capital.com is a CFD (Contracts for Difference) broker registered in Cyprus and well regulated by a number of regulators. The broker offers access to 3,000 CFDs, including shares, forex, indices, commodites, cryptocurrencies, and ESG via the MT4 and other trading platforms. The platform offers a variety of trading tools and educational resources to help traders improve their skills and knowledge.
Pros & Cons
capital.com offers a user-friendly and comprehensive trading experience with a wide range of markets and instruments, competitive spreads, and a variety of trading platforms. The platform also provides extensive educational resources and trading tools. Additionally, capital.com has no deposit or withdrawal fees, and there are multiple payment methods available. However, overnight funding and guaranteed stop premiums can add to the cost of trading, and some traders may prefer more trading platforms and account types.
| Pros | Cons |
| • Offers a wide range of trading instruments | • Negative reviews and complaints |
| • Demo accounts available | • No MetaTrader 5 |
| • User-friendly and intuitive trading platforms | • Limited research tools |
| • Multiple account types and funding methods | • Overnight funding charges and guaranteed stop premiums |
| • No deposit and withdrawal fees | • Limited info on accounts and deposits & withdrawals |
| • Offers negative balance protection and guaranteed stop-loss | |
| • No funding fees, commission, or inactivity fees |
Is capital.com Legit?
Yes, it is regulated by several popular regulatory authorities.
| Regulator | Jurisdiction | Status | License Type | License Number |
| Australia Securities & Investment Commission (ASIC) | Australia | Regulated | Market Maker (MM) | 513393 |
| Cyprus Securities and Exchange Commission (CySEC) | Cyprus | Regulated | Market Maker (MM) | 319/17 |
| Financial Conduct Authority (FCA) | United Kingdom | Regulated | Straight Through Processing (STP) | 793714 |
| Securities and Commodities Authority (SCA) | United Arab Emirates | Regulated | Retail Forex License | 20200000176 |
| Securities Commission of The Bahamas (SCB) | Bahamas | Offshore Regulated | Retail Forex License | SIA-F245 |
Market Instruments
Capital.com offers 3,000+ market instruments for CFD trading, including shares, forex, indices, commodites, cryptocurrencies, and ESG.
The Forex category includes major, minor and exotic currency pairs.
The Indices category covers global indices such as the US 500, UK 100, and Germany 30. In the Commodities category, traders can trade on precious metals such as gold and silver, energy products such as oil and gas, and agricultural products such as wheat and corn.
The Shares category offers CFD trading on popular global companies such as Apple, Amazon, and Google.
Capital.com also offers CFD trading on a variety of cryptocurrencies such as Bitcoin, Ethereum, and Ripple, as well as ESG (Environmental, Social and Governance) trading, which focuses on socially responsible investments.
| Trading Assets | Supported |
| CFDs | ✔ |
| Shares | ✔ |
| Forex | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Cryptocurrencies | ✔ |
| ESG | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Accounts
Demo Account: Up to 100,000 virtual dollars and you can use your demo account for trading as long as you wish.
Live Account: capital.com does not provide much real account information. Generally, Forex brokers offer several different levels of real accounts with different trading conditions (leverage, spreads, commissions, etc.) depending on the minimum deposit amount. Due to the law prohibiting interest in the Islamic region, some brokers also offer Islamic accounts without overnight interest charges.
Leverage
The maximum leverage offered by capital.com is up to 1:300 for professional traders. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Spreads & Commissions
Capital.com offers variable spreads on its various trading instruments, which means the spreads can widen or narrow based on market conditions. The spreads for each instrument are transparently displayed on the website and can be easily monitored in real-time using the platform's trading tools.
As for commissions, capital.com does not charge any commissions for its CFD trading services. Instead, it makes money by incorporating a small markup on the spread, which is known as the “buy-sell spread.” This allows traders to have greater visibility and transparency into their trading costs.
Trading Platforms
Capital.com offers a variety of trading platforms to cater to the needs of different traders. The platforms include Mobile Apps, Desktop, TradingView, and MT4.
| Trading Platform | Supported | Available Devices | Suitable for |
| Mobile Apps | ✔ | Mobile | / |
| Desktop trading | ✔ | Desktop | / |
| MetaTrader 4 | ✔ | Dekstop, Mobile, Web | Beginners |
| TradingView | ✔ | Dekstop, Mobile, Web | / |
| MetaTrader 5 | ❌ | / | Experienced traders |
Trading Tools
Capital.com offers a range of trading tools to help its clients make informed trading decisions. The trading calculator is one such tool that allows traders to calculate the potential profits and losses of a trade before placing it. Other tools include an economic calendar, market news, and an education section with a range of guides and tutorials for traders of all levels.
Deposits & Withdrawals
Capital.com offers a variety of payment methods for both deposits and withdrawals, including Apple Pay, VISA, MasterCard, wire transfer, PCI, worldpay, RBS, and Trustly. One of the main advantages of Capital.com's deposit and withdrawal system is that there are no fees associated with either process. This means that traders can deposit and withdraw funds as frequently as needed without incurring any additional costs.
capital.com minimum depoit vs other brokers
| capital.com | Most Other | |
| Minimum Deposit | 10 USD/EUR/GBP | $100 |
Fees
Capital.com's fee structure is designed to be transparent and competitive. The broker charges spreads on its trading instruments, which vary depending on market conditions and liquidity. More details can be found in the table below:
| Opening/Closing an account | ❌ |
| Demo account | ❌ |
| Inactivity fee | 10 USD or equivalent |
| Deposit & withdrawal fee | ❌ |
| Overnight fee | The fee will either be paid or received, depending on whether you are long or short. |
| Currency conversion | ❌ |
| Guaranteed stops | The GSL fee varies depending on the market you are trading, the positions open price and the quantity. |
Education
Capital.com provides a comprehensive educational section on their website, called the “Learning Hub”, where traders can find various materials to improve their trading skills and knowledge. They offer a wide range of educational resources, including articles, videos, webinars, and courses on various trading topics, such as technical analysis, risk management, and market psychology.
Additionally, they have a section dedicated to market guides, where traders can learn more about specific markets, and a section for trading strategies guides, where traders can find useful tips and strategies to enhance their trading performance.
Customer Service
| Service Time | 24/7 |
| Live chat | ✔ |
| Phone | +44 20 8089 7893 |
| support@capital.com | |
| Social Media | Facebook, Instagram, LinkedIn, YouTube, Twitter |
| Help Center | ✔ |
Conclusion
In conclusion, capital.com is a reputable online broker with a wide range of market instruments, low fees, and a variety of user-friendly trading platforms. The company offers free deposits and withdrawals with multiple payment methods, as well as educational resources to help traders of all levels. However, there are some negative reviews and complaints from their users. Overall, capital.com is a good choice for traders seeking a comprehensive and user-friendly trading experience.
Frequently Asked Questions (FAQs)
| Q 1: | Is capital.com regulated? |
| A 1: | Yes. It is regulated by ASIC, CYSEC, FCA, SCA and SCB. |
| Q 2: | Does capital.com offer demo accounts? |
| A 2: | Yes. Demo accounts has up to 100,000 virtual dollars and you can use your demo account for trading as long as you wish. |
| Q 3: | Does capital.com offer the industry-standard MT4 & MT5? |
| A 3: | Yes. It supports Mobile Apps, Desktop Trading, MetaTrader 4, and TradingView. |
| Q 4: | Is capital.com a good broker for beginners? |
| A 4: | Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 platform. Also, it offers demo accounts that allow traders to practice trading without risking any real money. |
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 85.24% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
firewoodfx
| Firewood FX Review Summary | |
| Founded | 2014 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | Unregulated |
| Market Instruments | Forex, Gold, Cryptos, Oil, etc. |
| Demo Account | ✅ |
| Leverage | Up to 1:3000 |
| Spread | From 2 pips (Standard account) |
| Trading Platform | MT4 |
| Min Deposit | $10 |
| Customer Support | Live chat, contact form |
| Tel: +442036083558 | |
| Email: support@firewoodfx.com | |
| Address: Suite 305, Griffith Corporate Centre, Beachmont. St. Vincent and the Grenadines | |
| Regional Restrictions | The United States, North Korea, Iraq, Iran, Saint Lucia and Saint Vincent and the Grenadines |
Based in Saint Vincent and the Grenadines, FirewoodFX is an unregulated forex broker that was established in 2014. FirewoodFX provides various financial products to trade via the MT4 platform, including Forex, Gold, Cryptos, Oil and more. Demo accounts are available and the minimum deposit requirement to open a live account is only $10.
Pros and Cons
| Pros | Cons |
| Various trading options | Unregulated |
| Demo accounts | Regional restrictions |
| Cent account offered | |
| Multiple account types | |
| Commission-freefor most accounts | |
| Low minimum deposit | |
| Multiple payment options | |
| Live chat support |
Is FirewoodFX Legit?
No, FirewoodFX is not regulated by any reputable financial body. Please be aware of the risk!
What Can I Trade on FirewoodFX?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Gold | ✔ |
| Cryptos | ✔ |
| Oil | ✔ |
| Indices | ❌ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
FirewoodFX offers five accounts to choose from, including Cent, Micro,Standard, Premium and ECN accounts. Besides, it also sets up demo accounts for traders to practice trading with virtual credit. Islamic swap free accounts are available.
| Account Type | Min Deposit | Max Trade Size | Min Trade Size |
| Cent | $10 | 100 cent lot (100,000) | 0.01 cent lot (1,000) |
| Micro | 200 micro lot (200,000) | 0.01 micro lot (100) | |
| Standard | 30 lot (3,000,000) | 0.01 lot (1,000) | |
| Premium | 50 lot (3,000,000) | ||
| ECN | $200 |
Leverage
FirewoodFX provides leverage up to 1:3000 for Cent account and up to 1:1000 for other accounts. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
| Account Type | Max Leverage |
| Cent | 1:3000 |
| Micro | 1:1000 |
| Standard | |
| Premium | |
| ECN |
Spread and Commission
FirewoodFX offers different spreads for different accounts. The broker charged $7/lot for ECN account and commission-free on other accounts.
| Account Type | Spread | Commission |
| Cent | Floating from 1 pip | ❌ |
| Micro | Fixing from 3 pips | ❌ |
| Standard | Fixing from 2 pips | ❌ |
| Premium | Floating from 0.3 pip | ❌ |
| ECN | Floating from 0 pips | $7/lot |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Web, PC, Mac, mobile and tablet | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
| Payment Options | Accepted Currencies | Min Deposit | Fees | Processing Time |
| Bank Transfer | USD | $100 | Bank fees may apply | 24 hours |
| QRIS | IDR | IDR 100,000 | ❌ | Few minutes |
| Internet Banking (Indonesian Local Bank) | $10 | |||
| Virtual Account (E-Wallet) | ||||
| USD Tether TRC20/BEP20 | USTD | $1 | ||
| USD Coin BEP20 | ||||
| IDRX BEP20 | IDRX | |||
| Credit Card | USD | $50 | $0.5+ 5% | Instant deposit |
| Perfect Money | $1 | ❌ | ||
| Fasapay | USD, IDR | |||
| Thai QR Payment | THB | $10 | Few minutes |
Do capital-com and firewoodfx have lower transaction costs?
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive capital-com and firewoodfx are, we first considered common fees for standard accounts. On capital-com, the average spread for the EUR/USD currency pair is -- pips, while on firewoodfx the spread is from 1.
Which broker between capital-com, firewoodfx is safer?
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
capital-com is regulated by ASIC,CYSEC,FCA,CMA,CMA,SCB. firewoodfx is regulated by --.
Which broker between capital-com, firewoodfx provides better trading platform?
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
capital-com provides the -- platform with products like --; firewoodfx offers the Cent,Pro platform featuring assets including --.
Looking for more references? The following are other comparisons related to capital-com, firewoodfx:
capital-com vs hirose-financial capital-com vs bux-markets capital-com vs yuanta-futures capital-com vs directrader capital-com vs anzo-capital capital-com vs vpfx firewoodfx vs hirose-financial firewoodfx vs bux-markets firewoodfx vs yuanta-futures firewoodfx vs directrader firewoodfx vs anzo-capital firewoodfx vs vpfx
