Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information
What is Trade Capital UK？
Trade Capital UK (TCUK) Ltd offers its services under the well-established Trade.com brand. Trade Capital UK is a trading provider that has been operating since 2014. It is registered and regulated by FCA. With a wide range of trading instruments available across various asset classes, traders can choose from three live account types. To facilitate seamless trading experiences, Trade Capital UK provides its clients with a web-based trading platform.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
Pros & Cons
Trade Capital UK Alternative Brokers
There are many alternative brokers to Trade Capital UK depending on the specific needs and preferences of the trader. Some popular options include:
Trading 212 – A popular online brokerage platform that offers commission-free trading for a wide range of financial instruments, including stocks, ETFs, forex, and cryptocurrencies.
XGLOBAL Markets - An online forex and CFD broker providing traders with access to a wide range of markets, advanced trading technologies, and competitive trading conditions through its innovative platforms and liquidity network.
Interstellar FX - A trading platform that provides a wide range of financial instruments, leveraging advanced technology to offer a seamless trading experience to its clients.
Is Trade Capital UK Safe or Scam？
Trade Capital UK is regulated by the Financial Conduct Authority (FCA) , which is financed by charging fees to members of the financial services industry. It is regulated by reputable authorities, has been in operation for several years, and has received positive reviews from many customers.
However, The Cyprus CYSEC regulation (license number: 227/14) and the South Africa FSCA regulation (license number: 47857) claimed by this broker are suspected to be clone. Please be aware of the risk!
Market Instruments
Trade Capital UK offers a variety of trading instruments across different asset classes, including shares, bonds, options, ETFs, and investment funds.
-Shares: Shares, also known as stocks or equities, represent ownership in a company. By buying shares, investors can participate in the company's growth and potentially earn profits.
-Bonds: Bonds are debt securities issued by governments, municipalities, or corporations to raise capital. When an investor buys a bond, they are essentially lending money to the issuer in exchange for regular interest payments and the return of the principal amount at maturity.
-Options: Options are derivative contracts that give investors the right (but not the obligation) to buy or sell an underlying asset at a predetermined price within a specified period. Options can be used for hedging, speculation, or other investment strategies.
-ETFs (Exchange-Traded Funds): ETFs are investment funds that trade on stock exchanges, similar to shares. They typically track an index, sector, commodity, or other asset classes. ETFs offer diversification and the ability to invest in a specific market segment without buying individual stocks.
-Investment Funds: Investment funds, such as mutual funds or unit trusts, pool money from multiple investors to invest in a diversified portfolio of assets. These funds are managed by professional fund managers and offer investors access to a broad range of securities.
Accounts
Trade Capital UK offers three live account types including CFD account, DMA account and Spread Betting account.
A CFD account allows traders to speculate on the price movements of various financial instruments without owning the underlying assets. With a CFD, you can go long (buy) or go short (sell) on assets such as stocks, commodities, forex, or indices. Profits or losses are determined by the difference between the opening and closing prices of the contract.
A DMA account provides direct access to financial markets, allowing traders to interact directly with liquidity providers, such as banks and exchanges. This type of account offers transparent pricing, faster execution, and access to a wider range of market depth. DMA accounts are popular among active and institutional traders looking for greater control over their trades.
Spread betting is a type of derivative trading where traders speculate on the price movements of various financial instruments. It is popular in the UK and Ireland. Instead of buying or selling the underlying asset, traders bet on whether the price will rise or fall. Profits or losses are determined by the accuracy of the bet and the size of the price movement. One advantage of spread betting is that it is tax-free in these regions.
Leverage
Trade Capital UK applies different leverage limits to various types of instruments.
For CFDs on major currency pairs, retail clients are allowed a maximum leverage of 30:1. This means that for every £1 of margin deposited by the client, they can open positions worth up to £30.
For CFDs on other currency pairs, major indices, and gold, the maximum leverage is set at 20:1. This implies that for each £1 of margin, clients can trade positions up to a value of £20.
When it comes to CFDs on commodities and non-major indices, the maximum leverage is limited to 10:1. Thus, for every £1 of margin, clients can enter into positions worth up to £10.
For CFDs on shares and ETFs, the maximum leverage is further reduced to 5:1. This means that clients can trade positions valued at up to £5 for every £1 of margin.
These leverage limits are implemented to protect retail clients and ensure responsible trading practices. By setting maximum leverage, regulators aim to reduce the potential risks associated with highly leveraged trading and protect investors from significant losses.
Spreads & Commissions
Indeed, Trade Capital UK provides variable spreads for different trading products. The spreads may vary depending on factors such as market liquidity, volatility, and the type of financial instrument. To access information about the specific spreads for each product, traders can visit the Trade Capital UK website and navigate to the “Key Investor Documents” section. Within this section, traders can find essential information, including details about the spreads associated with various investment products. It is important to review these documents as they provide valuable insights into the costs and fees associated with trading each product, allowing traders to make informed decisions based on their trading preferences and strategies.
Besides, it doesn't provide the specific commission for the client.
Below is a comparison table about spreads and commissions charged by different brokers:
Note: The information presented in this table may be subject to change and it is always recommended to check with the broker's official website for the latest information on spreads and commissions.
Trading Platforms
Trade Capital UK offers a web-based trading platform that enables clients to access their trading accounts from any device with an internet connection. The platform is designed to be intuitive and easy to navigate, making it suitable for both beginner and experienced traders. It provides all the necessary tools and features to conduct trades effectively.
See the trading platform comparison table below:
Customer Service
Customers can visit their office or get in touch with customer service line using the information provided below:
Telephone: +44 (0)20 31 50 23 85
Email: info@tradecapitaluk.com
newaccounts@tradecapitaluk.com
Traders can leave details by filling in the form so that they can get in touch to discuss with them how clients can start trading.
Education
Trade Capital UK prides itself on providing clients with educational resources to enhance their trading knowledge and skills. These resources are designed to empower clients and help them make informed investment decisions. Some key educational offerings by Trade Capital UK include:
Trade Capital UK has a team of dedicated Market Analysts who provide clients with daily market insights. These insights cover a wide range of financial markets and instruments, offering valuable information on market trends, news events, and potential trading opportunities.
Trade Capital UK is committed to offering exceptional educational resources to its clients. This includes a variety of training materials, webinars, tutorials, and trading guides that cater to traders of all skill levels. These resources cover topics such as technical analysis, fundamental analysis, risk management, trading strategies, and more.
The company provides clients with essential information about the specific investment product. It should not be considered as a form of marketing material. The information outlined in the KID is required by law to help clients understand the nature, risks, costs, potential gains and losses of this product and to help you compare it with other products.
Conclusion
In conclusion, Trade Capital UK is a reputable trading provider that has been operating since 2014. It is registered and regulated by FCA. Trade Capital UK offers a variety of trading instruments across different asset classes. With three live account types available, traders can choose the account that best suits their trading preferences and strategies. The variable spreads provided by Trade Capital UK enable traders to have flexibility in their trading activities, while the web-based trading platform offers advanced features and tools for seamless trade execution.
Frequently Asked Questions (FAQs)
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