Desk audit TBR-A-2026-027

Capital.com

Independent desk audit of a retail broker, from public sources.

Last updated First published

Current. Valid to 10 October 2027.

TBR DESK AUDIT · PUBLIC SOURCES · AA 78/100

Very strong

Desk audit. TBR carried out this audit on its own initiative, using public sources only. No firm paid for it. No accounts were opened or tested, so Execution & Pricing and Operational Resilience were not assessed and do not count towards the grade. Capital.com may respond, and any response is published in full. How desk audits are scored. See Verified audits, which our trading experts test hands-on.

Summary

Capital.com holds licences in Cyprus, the UK, Australia, the UAE and Kenya, all confirmed on the regulators’ registers, and serves international clients through an entity in the Bahamas. Its controlling owner is named in the audited accounts of its UK company, and the enforcement record found is minor: a €10,000 CySEC fine in 2022 and a self-reported breach of Australian leverage limits that was remediated under ASIC’s oversight.

Grade
AA
Score
78/100
Fieldwork
10 Oct 2026 to 10 Oct 2026
Findings
2 medium3 low9 strength

Scorecard

PillarWeightScoreGrade
Regulation & Licensing19%80AAA
Corporate Structure & Ownership14%74AA
Client Money & Payouts19%78AA
Execution & Pricingn/aNot assessed: requires live testing
Conduct & Disclosure14%80AAA
Operational Resiliencen/aNot assessed: requires live testing
People & Community5%70AA
Overall71%78AA

The overall score is the weighted average of the assessed pillars, with their weights scaled back up to 100.

This grade summarises the evidence we reviewed up to 10 October 2026. It is not a guarantee of the firm's safety or future conduct, and changes after that date are not reflected. Nothing here is financial or legal advice.

Findings

Licences verified

Each licence was checked directly against the regulator's public register on the date shown.

EntityRegulatorLicenceCheckedResult
Capital Com SV Investments LimitedCySEC319/1710 Oct 2026ConfirmedLicensed 7 April 2017; approved domains include capital.com.
Capital Com Group LtdCySEC463/2510 Oct 2026Confirmed with notesLicensed 10 November 2025. The register address (Vasileiou Makedonos 8, Limassol) differs from the registered office the firm states (66 Christaki Kranou, Limassol).
Capital Com (UK) LimitedFCAFRN 79371410 Oct 2026ConfirmedAuthorised since 26 October 2018; can hold and control client money.
Capital Com Australia Pty LtdASICAFSL 51339310 Oct 2026ConfirmedCurrent licensee in ASIC’s AFS licensee dataset; licence start 16 June 2021.
Capital Com MENA Securities Trading L.L.CUAE Capital Market AuthorityRegister entry CP-000093710 Oct 2026ConfirmedStatus active. The register does not show the licence number 20200000176 that the firm states.
CC Kenya Securities LimitedCapital Markets Authority of Kenya24410 Oct 2026ConfirmedListed as a dealing online foreign exchange broker, trading as Capital.com.
Capital Com Online Investments LtdSecurities Commission of The BahamasRegistered firm10 Oct 2026ConfirmedListed in the register of firms as at 30 September 2026, with CFD dealing. The register does not show the licence number SIA-F245 that the firm states.

Notes and sources

Evidence and scope

Scope

Desk audit of the group’s client-facing entities, using public sources only: regulator registers and announcements, court and stock-exchange filings, and the firm’s own published documents, as available on 10 October 2026. No accounts were opened, nothing was tested live, and the firm was not asked for evidence.

Limitations

Absence of a public enforcement record is not evidence of good conduct. The licence numbers of the Bahamas and UAE entities are taken from the firm’s disclosures; the registers list both companies but not those numbers. Audited consolidated accounts for the group were not found. ASIC did not say which four of the seven CFD issuers in its 2023 review paid additional compensation. Capital.com’s website served its EU pages from our location, so its international pages were read through the international site’s own addresses. The share of clients served through the Bahamas entity could not be measured from public sources.

Evidence reviewed

  • CySEC register entries, Capital Com SV Investments Ltd and Capital Com Group Ltd
  • CySEC board decisions, 2018 to October 2026
  • FCA register entry, Capital Com (UK) Limited
  • ASIC AFS licensee dataset, October 2026
  • UAE Capital Market Authority register of licensed companies
  • Capital Markets Authority of Kenya list of licensees
  • Securities Commission of The Bahamas register of firms, 30 September 2026
  • ASIC media release 23-298MR
  • Companies House records and 2025 audited accounts, Capital Com (UK) Limited
  • Capital.com Pillar 3 disclosures, 2025 Annual Review and regulatory disclosures

Version history

  1. Report published.

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