CapTrader Review

CapTrader Logo

Launched in 1997, CapTrader is an online broker that provides clients with direct market access (DMA) to a vast range of financial instruments in 31 countries and 24 currencies, covering more than 125 global exchanges including stocks, indices, ETFs, bonds, options, futures, forex, and more.

CapTrader Review - Broker Features
CapTrader Review – Broker Features

The broker provides clients with a selection of flexible trading platforms for desktop, web, and mobile devices. They have won numerous industry awards over the years including the Handelsblatt: Top Online Broker 2016, 2017, 2019 and Wirtschaftswoche: Top Online Broker 2017.

CapTrader Review - Broker Overview
CapTrader Review – Broker Overview

CapTrader Review Introduction

In this CapTrader review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.

You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including CapTrader.

CapTrader Platforms & Tools

CapTrader provides clients with a decent selection of powerful and versatile trading platforms, including the award-winning and sophisticated Trader Workstation (TWS) trading platform and the AgenaTrader platform.

CapTrader Review – Trading PlatformsThe Trader Workstation (TWS) is the broker’s flagship trading platform; it is widely known for its reliability and stability. TWS has advanced features and applications, as well as a plethora of add-on software, including Book Trader, Option Trader, Basket Trader, Scale Trader, Integrated Stock Window, FX Trader, Spread Trader, Chart Trader, Accumulate, and Distribute Algorithms.

CapTrader Review - Trading Platforms
CapTrader Review – Trading Platforms

The TWS platform is available as a desktop application for Windows and Mac computers, a WebTrader that runs directly on most modern web browsers, and mobile apps for Android and iOS devices. The mobile application and WebTrader platforms allow traders to place trades from their CapTrader account on the go, once there is an internet connection.

CapTrader Review - Trader Workstation (TWS)
CapTrader Review – Trader Workstation (TWS)

The AgenaTrader is a top-spec trading platform for professional traders, which goes one step further than analogous trading tools. It has an abundance of features including chart trading and integrated market scanners.

CapTrader Review - AgenaTrader
CapTrader Review – AgenaTrader

The broker has partnered with some reputable software providers to deliver a selection of powerful trading tools to enhance the overall trading experience of their clients. These include Multicharts, Autochartist, NinjaTrader, Tradesignal Online Terminal, OptionCube, Price Auction Lab, MTPredictor, Options Software, and Motive Wave.

CapTrader Review - Autochartist
CapTrader Review – Autochartist

CapTrader Research & Education

CapTrader provides clients with a selection of exclusive free webinars and seminars as well as some useful tutorial videos on how to use the provided trading platforms. Clients can also register for the free CapTrader newsletter.

CapTrader Review - Traders Education
CapTrader Review – Traders Education

CapTrader Trading Accounts

CapTrader offers two major account types: Cash and Margin Accounts. The Cash Account trades long on stocks and has a required minimum deposit of $2,000 or the equivalent in another foreign currency. On the other hand, the Margin Account requires a minimum deposit of 2000 EUR, it is of two categories, namely: Reg T Margin (Standard) and the Portfolio Margin.

In general, all CapTrader accounts are multi-currency accounts. The broker has different managed account options that differ according to the investment strategy, instruments, and minimum deposits amounts. Demo accounts are freely available for practice purposes.

CapTrader Account Funding

CapTrader offers only wire transfer as the available payment method. Wire transfers are accepted in 22 different currencies and processed through the Federal Reserve Bank’s FedWire System, which allows same-day processing. Apart from the first bank transfer of the month — which is usually free, every additional bank transfer in the current month costs 8.00 EUR for wire transfer and 1.00 EUR for SEPA transfers.

CapTrader Customer Service

CapTrader’s customer support team is available Monday to Friday via live chat, telephone, email, and an online form. There is also a comprehensive FAQ section on the broker’s website that covers a wide range of frequently asked questions.

CapTrader Regulation

CapTrader is a brand of FXFlat Wertpapierhandelsbank GmbH and is registered with the German Financial Supervisory Authority BaFIN, so they are subject to German Supervisory law. They are an introducing broker for the established Interactive Brokers that are authorized and regulated by the Financial Conduct Authority (FCA).

CapTrader Review Summary

CapTrader is a regulated broker that offers a wide range of financial trading instruments with competitive fees. They provide clients with powerful trading platforms and tools.

It is worth mentioning that some of the trading products and services in this CapTrader review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the CapTrader broker website which you can visit by using the link below.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage 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.

CapTrader

6.7

Spreads

6.5/10

Liquidity

6.5/10

Commissions

6.5/10

Support

6.0/10

Regulation

8.0/10

Features

  • Powerful and intuitive trading platforms
  • Advanced trading tools
  • Multiple trading instruments
  • A good selection of educational materials