Capital.com gets $25 million investment, launches trading, educational apps

Capital.com gets $25 million investment, launches trading, educational apps

capitalcom

Capital.com, a Cyprus-regulated fintech company, announced it has launched its fully functional trading mobile application for Apple and Android devices and received a $ 25 million investment from Larnabel Ventures of the Russian entrepreneur Mikhail Gutseriyev and VP Capital, a Russian investment fund.

The Capital.com application lets clients, even inexperienced ones, trade in CFDs of multiple asset classes, except currencies, with a minimum deposit of $100 and a leverage of 1:50. There is also the option to try the application in demo mode, without a deposit.

In addition to the trading application, the company has also launched the Investmate app. It works in conjunction with the trading platform and offers educational content, including interactive courses, quizzes, articles and videos and is geared for amateur traders.

investmate

“One of the most exciting aspects of Capital.com’s app is its ability to identify – and work to correct – common behavioral biases, which are proven to have a negative impact on investors’ trading results”, Kira Bondareva, CEO of Capital.com, said. “By taking advantage of the most advanced AI technologies, Capital.com is able to analyze traders’ behaviors in real time, subscribe them to bespoke educational channels, and then, based on their activity, provide instructions on how to avoid certain biases, such as either the overconfidence bias or disposition effect.  We believe that Capital.com will be a valuable resource and platform for every type of investor, from the savvy, sophisticated trader to someone who is still learning how to navigate the market.

“The fintech industry is evolving at a rapid and exciting pace, and there is significant opportunity for start-ups to leverage technology in groundbreaking, disruptive ways and make a long-term, positive impact on society at large.  By harnessing the power of AI, particularly through its advanced ‘Smart Feed’ function, Capital.com seeks to educate and inform users and promote a thoughtful, intelligent, and sophisticated approach to trading, while helping to expand market access”, Viktor Prokopenya, Founder of VP Capital, said.

Capital.com is a mobile trading application that allows clients to trade in CFDs on numerous assets like stocks, indices, etc. Unlike other mobile trading applications intended for small investors, like Robinhood and Freetrade, however, Capital.com offers trading in CFDs, i.e. one cannot purchase “real” stocks.

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