capital index Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
Part 1: capital index Account Types Explained
Capital Index offers a variety of account types designed to meet the needs of different traders, from beginners to experienced professionals. Below is an overview of the available account types:
1. Advanced Account
- Minimum Deposit: £100 / €100 / $100
- Spread/Commission Structure: Spreads from 1.4 pips; commission on equity CFDs is £0.02/unit (minimum £10).
- Leverage Options: Up to 200:1
- Key Features:
- No requotes
- No dealer intervention
- Hedging allowed
- Expert advisors allowed
- Target User Profile: Beginners and casual traders
- Trading Instruments Available: Forex, CFDs on indices, commodities, and equities.
2. Pro Account
- Minimum Deposit: £10,000 / €10,000 / $10,000
- Spread/Commission Structure: Spreads from 1.0 pips; commission on equity CFDs is £0.02/unit (minimum £10).
- Leverage Options: Up to 200:1
- Key Features:
- No requotes
- No dealer intervention
- Hedging allowed
- Expert advisors allowed
- Target User Profile: Experienced traders and professionals
- Trading Instruments Available: Forex, CFDs on indices, commodities, and equities.
Account Type Comparison Table
Recommended Account Types by Trader Level
- Beginners: Advanced Account
- Intermediate: Advanced Account or Pro Account
- Advanced: Pro Account
Part 2: capital index Account Features Comparison
Detailed capital index Account Features
Advantages of Each Account Type
- Advanced Account:
- Low minimum deposit
- Suitable for beginners
- Access to various trading instruments
- Flexible leverage options
- Pro Account:
- Lower spreads for high-volume trading
- More advanced trading features
- Suitable for professional traders
- Higher potential for profit due to lower costs
Disadvantages of Each Account Type
- Advanced Account:
- Higher spreads compared to Pro Account
- Limited features for advanced trading
- Pro Account:
- High minimum deposit requirement
- May not be suitable for beginners
Part 3: capital index Account Registration Requirements
capital index Account Registration Requirements
- Eligibility Criteria:
- Age Requirements: Must be at least 18 years old.
- Geographic Restrictions: Available to residents of most countries, excluding the USA and Iran.
- Prohibited Countries: USA, Iran, and other restricted jurisdictions.
- Identity Verification Documents Needed:
- Government-issued ID (passport or driver's license).
- Proof of residence (utility bill or bank statement).
- Additional Documentation for Professional Accounts: May require proof of trading experience or financial status.
- KYC/AML Compliance Procedures: Capital Index adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring identity verification.
- Verification Time Frames: Typically takes 1-3 business days, depending on the completeness of the submitted documents.
Part 4: capital index Account Opening Process
Step-by-Step capital index Account Opening Guide
- Visit Website and Click Registration: Navigate to the Capital Index website and select the option to create a new account.
- Personal Information Entry: Fill in your personal details, including name, email, and phone number.
- Choose Account Type: Select the account type that best suits your trading needs (Advanced or Pro).
- Set Trading Preferences: Indicate your trading preferences, including leverage and preferred currency.
- Document Upload: Upload the required identity verification documents.
- Account Verification: Wait for the Capital Index team to verify your account. You will receive an email notification once approved.
- Fund Your Account: After verification, deposit funds into your trading account using one of the available payment methods.
- Start Trading: Once your account is funded, you can begin trading on the platform.
Desktop vs Mobile Registration Differences
- The registration process is similar on both desktop and mobile platforms, though mobile may have a simplified interface.
Common Registration Issues and Solutions
- Issue: Document upload failure.
- Solution: Ensure documents are clear and in the accepted format (PDF, JPEG).
- Issue: Delayed verification.
- Solution: Contact customer support for assistance.
Average Account Approval Time
- Typically, account verification takes between 1 to 3 business days.
How to Upgrade/Downgrade Account Types
- To change your account type, contact Capital Index customer support to initiate the process.
Part 5: capital index Demo Account Guide
capital index Demo Account Features and Benefits
- Features: Access to the full range of trading instruments with virtual funds.
- Benefits: Allows traders to practice strategies without financial risk.
How to Open a Demo Account
- Visit the Capital Index website and select the option to open a demo account. Follow the registration steps similar to a live account.
Demo Account Limitations
- The demo account may have a limited duration, typically 30 days, after which it may expire.
Virtual Balance Amount
- Demo accounts usually come with a virtual balance of $10,000.
Demo vs Live Account Differences
- The demo account uses virtual funds, while the live account involves real money trading.
Duration/Expiry of Demo Accounts
- Demo accounts typically expire after 30 days of inactivity.
Part 6: capital index Islamic Account Details
capital index Islamic Account Details
- Swap-Free/Islamic Account Availability: Capital Index offers Islamic accounts that comply with Sharia law.
- Eligibility Requirements: Clients must request the Islamic account option during the registration process.
- Differences from Standard Accounts: Islamic accounts do not incur swap fees, making them suitable for Muslim traders.
- How to Apply for Islamic Account: Indicate your preference for an Islamic account during the account registration process.
- Restrictions or Special Conditions: Islamic accounts may have specific trading conditions, such as limits on certain instruments.
FAQs – capital index Account Types & Opening
- What account types does capital index offer?
- Capital Index offers Advanced and Pro accounts.
- What is the minimum deposit for each account type?
- The minimum deposit is £100 for the Advanced Account and £10,000 for the Pro Account.
- How long does capital index account verification take?
- Account verification typically takes 1-3 business days.
- Does capital index offer demo accounts?
- Yes, Capital Index provides demo accounts for practice trading.
- Can I have multiple account types with capital index?
- Yes, you can open multiple accounts, but you will need to manage them separately.
- Does capital index offer Islamic/swap-free accounts?
- Yes, Capital Index offers Islamic accounts that do not incur swap fees.
- What documents do I need to open a capital index account?
- You need a government-issued ID and proof of residence.
- Can I change my account type after registration?
- Yes, you can change your account type by contacting customer support.
Capital Index accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .