Recommended for
- equity trading 4.5/5
Trusted broker
Regulated by top-tier financial authorities
Popularity
3296
people
chose this broker in the last 6 months
BrokerChooser Score
4.1/5
CapTrader review summary
CapTrader is a Germany-based global stockbroker for investors and traders. CapTrader has low stock and ETF fees. Thanks to its link to Interactive Brokers, CapTrader covers a vast range of markets and products, and offers a multitude of great research tools on its sophisticated trading platforms. Partly because of that, though, we recommend this broker mainly for advanced traders, as the account opening process is complicated and the desktop trading platform isn’t the most simple to use. Among other drawbacks, most users can only make deposits and withdrawals via bank transfer. BrokerChooser gave CapTrader a 4.1/5 rating based on analyzing 500+ criteria and testing via opening a live account.
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See how CapTrader is regulated and whether you should have any concerns using it.
CapTrader pros and cons
Pros
Cons
- Low stock and ETF fees
- Wide range of products
- Many great research tools
- Complicated account opening
- Complex desktop trading platform
AvaTrades main highlights
🗺️ Country of regulation
Ireland
💰 Trading fees class
Average
💰 Inactivity fee charged
Yes
💰 Withdrawal fee amount
$0
💰 Minimum deposit
$2000
🕖 Time to open an account
>3 days
💳 Deposit with bank card
Not Available
👛 Depositing with electronic wallet
Not Available
💱 Number of base currencies supported
9
🎮 Demo account provided
Yes
🛍️ Products offered
Stock, ETF, Forex, Fund, Bond, Options, Futures, CFD, Crypto, Warrants, Structured products
Fees
CapTrader has low stock and ETF fees, and margin rates are also low. On the other hand, options and futures fees are high.
Account opening
CapTrader’s account opening is fully digital, but the positives stop there: the process is complicated, account verification takes long, and there’s a steep €2,000 minimum deposit.
Deposit and withdrawal
CapTrader offers one free withdrawal per month and has a decent selection of account base currencies; however, it doesn’t accept credit/debit cards and electronic wallets.
Web trading platform
CapTrader’s WebTrader platform is user-friendly, has a clear fee report, and is accessible via a safe two-step login process.
Mobile trading platform
CapTrader is a modern, easy-to-use app with a decent set of features, including the AvaProtect insurance scheme. However, order types are limited and the app comes only in English.
Desktop trading platform
CapTrader’s desktop trading platform offers good customizability and many order types. However, the search function is poor, and overall the platform is too complex for beginners.
Markets and products
Through CapTrader, you can access an extremely wide range of markets, and virtually all product types imaginable.
Research
CapTrader has almost limitless research possibilities, but the user interface is overly complicated, hard to follow and not very well designed.
Customer service
CapTrader has good customer service, giving fast and relevant responses, as well as an automated chatot. However, the live chat is slow and most options are not available 24/7.
Education
CapTrader offers a handful of educational materials and tools, though some of these are only available in German. You can also test the waters with a demo account.
Safety
As an introducing broker of IB, CapTrader is covered by a top-tier regulator, granting most clients strong protection. However, there is no banking background of IB or CapTrader.