Share Trading comparison
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.
Choose
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
- ›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
Choose
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
- ›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 |
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 |