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CapTrader

Information about a major international broker

CapTrader — a successful Forex broker with its main office in Germany, in the city of D?sseldorf, operating since 1997. CapTrader is a introducing broker of Interactive Brokers. You may have already heard of this company, as it has active pages on popular social networks: Facebook, Twitter, and Instagram, as well as a YouTube channel.

CapTrader Trading Instruments Selection

The broker guarantees access to trading on 125 key global exchanges, offering futures and options on markets in 19 countries. In addition, there is the possibility of trading with warrants, options, and securities. CapTrader offers its clients a choice of over 1.2 million shares. The broker claims to provide over 40 different types of orders that are automatically routed to the exchanges.

Trading Conditions and Account Types at CapTrader

For trading novices, the company offers a trial period on a demo account. You have 30 days to familiarize yourself with the platform and trading conditions without the need to make a deposit. After this period, you must open a real account, choosing one of the three offered CapTrader options:

  • Cash account — age 18 and above, deposit from €2,000, no margin trading available, trading only with options and stocks.

  • Reg T Margin (Standard) — age 21 and above, deposit from €2,000, access to all assets, short positions and margin trading available.

  • Portfolio Margin — age 21 and above, deposit from €100,000, access to all assets, short positions and margin trading available.

All accounts have a leverage of up to 1:400. The spread is 0.5 points. The commission fee depends on the type of asset. There is no monthly account maintenance fee.

Funding and Withdrawal of Funds at CapTrader

Funds can be deposited in euros, dollars, pounds, Swiss francs, and Russian rubles. Deposits can only be made via bank transfer. Russian citizens can also deposit funds through Citibank. Withdrawals are processed in the same manner. The minimum withdrawal amount is not specified on the website. The withdrawal fee is also not specified; however, one withdrawal per month is free of charge. Withdrawal requests can be submitted through the CapTrader personal account.

Trading Platforms at CapTrader

  • Trader Workstation — a platform developed by Interactive Brokers, with a modular structure and broader capabilities than the traditional MetaTrader.

  • WebTrader — a web terminal for trading from a browser with limited functionality compared to the previous platform. It offers only 11 orders and one trading module.

  • AgenaTrader — a terminal provided by the broker’s partners with support for C# scripts.

  • IBKR Mobile — a mobile version of the trading platform, compatible with Android and iOS devices. It allows for opening and tracking positions but is not suitable for extensive market analysis.

Conclusion

This is just a brief overview of the broker. For more detailed information, we recommend reviewing the legal documents on the official website, particularly the client agreement. Be attentive and assess your actions wisely when choosing a broker, as the invested funds can be significant, considering that the minimum deposit at CapTrader is €2,000.

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