Broker comparison between Tradeview vs capital.com
Do you want to figure out which is the better broker, tradeview or capital-com?
In the following table, you can compare the features of tradeview and capital-com side by side to determine the best fit for your trading needs.
Which broker is more reliable?
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction.
2.Does tradeview or capital-com have a lower transaction costs and fees?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we believe that tradeview and capital-com are both reliable. We analyze the reasons as following:
Forex broker introduction
General Information & Regulation
Tradeview is an established online ECN broker based in the Cayman Islands, founded in 2004. Tradeview Ltd is authorized and regulated by the Cayman Islands Monetary Authority (CIMA) under license number 585163 and the Malta Financial Services Authority (MFSA), with regulatory license number MB/19/0037. However, the license authorized by the CIMA is just a general financial license, not the forex retail license, which means this broker cannot conduct forex trading realted activities under this license.
Tradeview currently offers investors trading in Forex instruments, Indices CFDs, Commodities, and Cryptocurrencies.
There are two trading account options available at Tradeview: the X leverage account and the Innovative Liquidity Connector account. The minimum deposit to open a X leverage account is $100, which sounds quite reasonable for most regular traders to have a try.
As with spreads and commission conditions, leverage also differs for each account. For ILC (Innovative Liquidity Connector ) accounts, the maximum trading leverage is 1:100 while on X Leverage accounts, it is up to 1:400. The minimum trade size is 0.1 lots on the ILC account and 0.01 lots on the X leverage account
Spreads & Commissions
Forex main spreads: 0.0 pips for EURUSD, 0.1 pips for GBPUSD and 0.1 pips for CAD. The lowest spread for gold is 0.09 pips, and the lowest spread for silver is 0.18 pips. The minimum spread for Bitcoin is 4.7 pips. Standard accounts are charged spreads as commission, and ECN accounts are charged a commission of $5 per lot.
Traders are free to choose from four different trading platforms, Metatrader 4, Metatrader 5, cTrader, and Currenex, depending on their trading experience and trading needs.
Deposit and withdrawal
Tradeview supports bank wire transfers, credit cards, UnionPay, Skrill, NETELLER, STICPAY, ecoPayz, and many other deposit and withdrawal methods.
The Tradeview customer service desk is available 24/5 on instant web chat. Traders can also fill the 'contact us' form and the support team will respond by email. Support can also be received through emails and telephone. On social media, they are on Facebook, Twitter, LinkedIn and Instagram.
General Information & Regulation
Capital Com SV Investments Limited, company Registration Number: 354252, registered address: 28 Octovriou 237, Lophitis Business Center II, 6th floor, 3035, Limassol, Cyprus. Capital Com SV Investments Limited is deemed authorised and regulated by the Financial Conduct Authority. The nature and extent of consumer protections may differ from those for firms based in the UK. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation, are available on the Financial Conduct Authoritys website. Capital Com SV Investments Limited is regulated by Cyprus Securities and Exchange Commission (CySEC) under license number 319/17. Closed joint-stock company “Capital Com Bel” is regulated by National Bank of the Republic of Belarus, registered by Minsk city executive committee 19.03.2019 with company registration number 193225654. Address: 220030, the Republic of Belarus, Minsk, Internatsionalnaya street 36/1, office 823. Certificate of inclusion in the register of forex companies No. 16 dated 16.04.2019.
Capital.com offers investors access to more than 3,000 markets with leverage to trade CFDs on the world's most popular currency pairs, commodities, indices, cryptocurrencies, and stocks.
Capital.Com Minimum Deposit
Three CFD accounts are listed: Standard Plus , and Premier. The minimum deposit requirement for open a standard and Plus account is up to $3,000, which is much higher than most brokers' initial account opening amount.
Capital.com being a Cyprus and EU regulated firm respectively operates under ESMA restrictions as well, therefore may offer lower leverage levels that are also defined by each instrument separately and may be checked from the platform directly. The maximum leverage available for retail traders is up to 1:30 for major currency pairs, 1:20 for minor currency pair., while professional traders may get access to higher leverage up to 1:500.
Spreads & Commissions
The minimum spread on the Capital.com platform is 0.6 pips for EURUSD, with a long overnight fee of -0.0055% and a short overnight fee of -0.0019%. The minimum spread for the gold spot is 0.27 pips and for the silver spot is 0.030 pips.
A variety of platforms at Capital.com covers its own web-based platform and popular MT4, as well mobile or tablet apps or still remains the choice to use known MT4.
Deposit and withdrawal
Capital.Com supports traders in depositing and withdrawing funds to and from their investment accounts through various payment methods, such as credit cards, debit cards, iDeal, Giropay wire transfers, or e-wallets such as Neteller and Skrill. The minimum deposit for wire transfers is $250, and for other methods, the minimum deposit is $20.
Capital.com multilingual support (supports 24 languages worldwide) is available with service the trader requires daily which is also on a very sustainable and professional level. Users can Live Chat, Phone or Email them within working hours 24/7.
The range of available products is limited to CFDs (equity, index, crypto, commodity, forex) and real stocks. Price alerts are missing from the web trading platform and minor account base currencies are not provided.
Does tradeview or capital-com have a lower transaction costs and fees?
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 tradeview and capital-com are, we first considered common fees for standard accounts. On tradeview, the average spread for the EUR/USD currency pair is -- pips, while on capital-com the spread is From 0 PIPS.
Which broker is safer, tradeview or capital-com?
To determine the safety of a forex brokers, our experts take various factors into consideration in a multi-dimensional manner. This includes which regulatory licenses the forex trader holds and how reputable those licenses are. We also consider the history of a forex dealer, as long-standing dealers are usually more reliable and trustworthy than newer start-ups. tradeview is regulated by CYSEC,FCA,NBRB. capital-com is regulated by LFSA,CIMA.
Which broker provides better trading platform, tradeview or capital-com?
When our experts review a broker, they usually open real trading accounts and trade through the broker's trading platform. This gives us a better overall assessment of the quality of the platform, the ease of use and the features it offers. tradeview Available trading platforms include Standard account、Plus Account、Premier account, tradable financial instruments include Innovative Liquidity Connector、X Leverage Account capital-com works/provides Standard account、Plus Account、Premier account trading platform, trading instruments Innovative Liquidity Connector、X Leverage Account