Capital.com vs Webull
Capital.com and Webull look similar on the surface — both are app-first, low-cost trading platforms. But the biggest difference is fundamental: Capital.com only offers CFDs (contracts for difference), so you never actually own the underlying shares. Webull is a genuine broker offering real ASX and US shares under CHESS sponsorship, giving you direct ownership and a HIN.
- ›You want to trade on margin or short-sell without needing a separate margin account — CFDs let you go long or short on thousands of global stocks, indices, and currencies
- ›You're comfortable with a 0.7% FX spread on every currency conversion and understand that the 'commission-free' brokerage is built into the dealing spread
- ›You want to start trading with as little as $20 and deposit via PayID, PayPal, Apple Pay, or credit card
- ›You need 24/7 customer support via live chat, WhatsApp, or phone, and want access to a demo account for practice
- ›You're trading international markets (UK, EU, HK, JP, DE, FR) and want one platform to access them all via CFDs
- ›You want to buy and hold real ASX shares under your own HIN with CHESS sponsorship — Webull is a genuine broker, not a CFD provider
- ›You trade US stocks regularly and want near-zero FX costs (0.005% spread) plus the ability to hold USD in a separate account to avoid converting every time
- ›You want $0 brokerage on ASX ETFs and low-cost US share trading, with fractional US shares available
- ›You need a platform that supports joint accounts, trust accounts, and SMSFs, plus auto-invest/DCA features for building portfolios
- ›You want an Australian tax statement, CGT reports, and Sharesight integration to simplify your end-of-year obligations
Where they differ
| Fact | Capital.com | Webull |
|---|---|---|
| Product type | CFDs only (no real share ownership) | Real shares under CHESS sponsorship (individual HIN) |
| ASX shares | Not supported | Supported ($1 min or 0.03% brokerage) |
| ASX ETFs | Not supported | Supported ($0 brokerage) |
| FX spread (AUD/USD) | 0.7% | 0.005% |
| Minimum initial deposit | $20 | $500 |
If you want to own real shares with a HIN and low FX costs, choose Webull. If you want leveraged CFD trading with a tiny minimum deposit, choose Capital.com.
Common questions
How do Capital.com and Webull compare on product type?
Capital.com: CFDs only (no real share ownership). Webull: Real shares under CHESS sponsorship (individual HIN).
How do Capital.com and Webull compare on asx shares?
Capital.com: Not supported. Webull: Supported ($1 min or 0.03% brokerage).
How do Capital.com and Webull compare on asx etfs?
Capital.com: Not supported. Webull: Supported ($0 brokerage).
When is Capital.com the better choice over Webull?
Pick Capital.com if you want to trade on margin or short-sell without needing a separate margin account — CFDs let you go long or short on thousands of global stocks, indices, and currencies; you're comfortable with a 0.7% FX spread on every currency conversion and understand that the 'commission-free' brokerage is built into the dealing spread; you want to start trading with as little as $20 and deposit via PayID, PayPal, Apple Pay, or credit card; or you need 24/7 customer support via live chat, WhatsApp, or phone, and want access to a demo account for practice.
When is Webull the better choice over Capital.com?
Pick Webull if you want to buy and hold real ASX shares under your own HIN with CHESS sponsorship — Webull is a genuine broker, not a CFD provider; you trade US stocks regularly and want near-zero FX costs (0.005% spread) plus the ability to hold USD in a separate account to avoid converting every time; you want $0 brokerage on ASX ETFs and low-cost US share trading, with fractional US shares available; or you need a platform that supports joint accounts, trust accounts, and SMSFs, plus auto-invest/DCA features for building portfolios.
Capital.com or Webull — what's the verdict?
If you want to own real shares with a HIN and low FX costs, choose Webull. If you want leveraged CFD trading with a tiny minimum deposit, choose Capital.com.
All data points side-by-side
Every verified fact for both platforms. Differences are highlighted.
| Field | Capital.com | Webull |
|---|---|---|
| account structure | ||
| CHESS sponsorship model | — | chess |
| Individual HIN | — | Yes |
| Individual account | Yes | Yes |
| Joint account | No | Yes |
| Company account | Yes | Yes |
| Trust account | No | Yes |
| SMSF account | No | Yes |
| Kids / minor account | No | No |
| asset coverage | ||
| ASX shares supported | No | Yes |
| ASX ETFs supported | No | Yes |
| US shares supported | No | Yes |
| US ETFs supported | No | Yes |
| Other markets supported | US, UK, EU, HK, JP, DE, FR, AU | Hong Kong, China (A-shares) |
| Fractional shares (ASX) | No | No |
| Fractional shares (US) | No | Yes |
| Options trading | No | Yes |
| CFDs supported | Yes | No |
| Crypto trading | — | Yes |
| Managed funds | No | No |
| Bonds supported | No | No |
| IPO access | No | No |
| costs hidden | ||
| FX spread (AUD/USD) | 70% | 0.5% |
| FX spread (other currencies) | 70% | 0.5% |
| Holds USD account | No | Yes |
| FX currency switch trick | No | — |
| Market data fees | $0/month | $49.99/month |
| Conditional order fees | $0 | $0 |
| Corporate action fees | Not applicable — Capital.com offers CFDs only, not real shares. There are no corporate-action fees because clients do not hold underlying securities; dividend adjustments on share CFDs are passed through automatically (credited on long positions, debited on short positions) without an explicit fee. | — |
| costs visible | ||
| ASX brokerage minimum | — | $1 |
| ASX brokerage percentage | — | 0.03% |
| ASX brokerage threshold | — | $3,333 |
| ASX free trade conditions | — | ASX ETFs: $0 brokerage on all trades, no conditions. ASX shares: not free — $1 minimum or 0.03% (whichever greater). |
| US brokerage minimum | — | US$0 |
| US brokerage percentage | — | 0% |
| Monthly platform fee | $0/month | $0/month |
| Annual platform fee | $0/year | $0/year |
| Inactivity fee | $0 | $0 |
| Withdrawal fee (AUD) | $0 | $0 |
| identity and trust | ||
| Legal entity name | Capital Com Australia Pty Ltd | Webull Securities (Australia) Pty Ltd |
| AFSL number | 513,393 | 536,980 |
| AUSTRAC registration | — | Yes |
| Year founded | 2,021 | 2,022 |
| Parent / ownership | Capital.com Group (founded by Viktor Prokopenya, backed by VP Capital); ultimate AU operator is Capital Com Australia Pty Ltd, part of the Cyprus-headquartered Capital.com group with multiple regulated entities globally | Webull Corporation (NASDAQ: BULL), Cayman Islands holding company; originally backed by Hunan Fumi Information Technology (China) with investors including Xiaomi, General Atlantic, Coatue, Lightspeed |
| Country of incorporation | AU | Australia |
| Public company status | private | public |
| money movement | ||
| Minimum initial deposit | $20 | $500 |
| Minimum subsequent purchase | $20 | $0 |
| Deposit methods | PayID, bank transfer, debit card, credit card, Apple Pay, PayPal | PayTo, Bank transfer (EFT), International wire |
| Settlement period | N/A (CFDs are not settled — positions are open contracts marked-to-market continuously) | T+2 for ASX; T+1 for US |
| Withdrawal time | Within 1 business day for PayID and bank transfer; 3-5 business days for card/Apple Pay/PayPal. 91% of withdrawals processed within 5 minutes. | 1-2 business days for AUD bank transfer; 1-5 business days for international wire |
| platform ux | ||
| iOS app | Yes | Yes |
| Android app | Yes | Yes |
| Desktop platform | Yes | Yes |
| Demo account | Yes | Yes |
| Free real-time market data | Yes | No |
| Free research reports | Yes | No |
| 2FA support | authenticator | authenticator |
| Customer support channels | phone, email, live chat, WhatsApp | Phone, Email, In-app chat |
| Support hours (AU time) | 24/7 English live chat and email; Melbourne-based phone support during AEST business hours | Phone: Mon-Fri 08:30-18:00 AEST/AEDT. In-app chat: advertised 24-hour. |
| Education content | video + courses | structured |
| tax and reporting | ||
| Australian tax statement | No | Yes |
| Distribution component breakdown | No | — |
| CGT calculator / report | No | Yes |
| Sharesight / Navexa integration | No | Yes |
| trading mechanics | ||
| Market orders | Yes | Yes |
| Limit orders | Yes | Yes |
| Stop loss orders | Yes | Yes |
| Conditional orders | Yes | Yes |
| Auto-invest / DCA | No | Yes |
| Auto-invest sophistication | none | weighted |
| DRP (dividend reinvestment) | No | No |
| After-hours / overnight trading | Yes | Yes |