- Award winning broker
- Fast application
- Free seminars and webinars
- MT4 trading platform
- Telephone trading account options
- Islamic accounts available
- No choice between trading platforms
- No South African Rand
Capital Index offers a simple but strong set of account types that are uniquely different for different traders where the junior account has fixed spreads and two senior accounts with variable spreads. An Islamic option is available upon request.
Classic: The classic fixed spread account has no minimum deposit, a max leverage of 1:100 allows hedging and spread betting. It is a good account for a beginner or someone who wants to start off slowly with small deposits at a broker with integrity. The fixed spreads are the downside to this account as they will be higher than the variable spread accounts which means you will not be able to get the all of the profit out of the trade. There is no opportunity to call in trades on this account.
The first of the variable spreads accounts offers access to variable spreads, calling trading, extended leverage to 1:200 and allows traders to set up a VPS for account security. The minimum deposit is £100 for this account, but this is not much to ask for the extra attention and features you will get from this broker. Like the Classic account, trader and spread bet, hedge and enjoy commission free trading.
The most senior of the accounts offers the same features as the advanced account but with even more competitive spreads. This account, with the minimum deposit of £500, is for those who will have a higher volume of trades. While this account is probably only for those who are familiar with trading, or experience in forex trading, this high-speed account will be appreciated.
They make sure that all funds deposited by clients are fully segregated, each is kept in separate bank accounts at Barclay’s Bank PLC. This means that your funds will never be used for anything else but your investments.
With a decent number of account types for you to choose from, there is something for everyone at Capital Index. It is regulated by the FSB and offers a wide selection of trading options. You can even take advantage of their free seminars and webinars to learn from their experts.
At this time Capital Index is not taking new customers from TradeForexSA. For a full list of broker options, click here.