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Nutmeg vs Capital.com: 2023 Comparison

Franklin Carneiro da Silva| Updated: July 3, 2023

Are you confused about whether to choose Nutmeg vs Capital.com as a broker for your investing needs?

In this side-by-side comparison, we analyse Nutmeg vs Capital.com to help you understand how these apps compare on some of the most common features and make a better-informed decision about the best broker for you.

Below, you’ll find the pros and cons of each broker, as well as a comparison table that features the different fees charged, the financial instruments supported, the regulation, and more. Keep reading!

Ideal for
Automated ETF portfolios for UK users

Nutmeg is one of the largest digital wealth managers in the UK (also known as “Robo-Advisor).

Nutmeg offers investors fully managed ETF portfolios that help investors achieve their financial goals, whether it’s for retirement or a home.

It is regulated by the Financial Conduct Authority (FCA). Besides, client assets are held in two custodians: Barclays and State Street, as per regulatory requirements.

Nutmeg vs Capital.com: 2023 Comparison 1
Visit Capital.comAsset 3

84% of retail CFD accounts lose money.

Ideal for
Commission-free CFDs trading

Capital.com is committed to building the world’s best trading experience. They utilize AI-enabled technology and integrations with Trading view to offer a unique trading experience.

With 500,000+ active users, Capital.com is a commission-free broker in CFDs on indices, shares, cryptos, commodities, and Forex. The only charges you will notice are spreads.

The trading platforms on desktop and mobile are highly customized to your individual trading preferences. You can access news feeds, extended trading hours, and various order types.

Pros and Cons

Pros

  • Automated rebalancing and dividend reinvestment
  • Fees Transparency
  • Stocks and shares, Lifetime and Junior ISAs
  • Long performance track record (+10 years)
  • Socially conscious portfolios
  • Minimum account balance of £100

Cons

  • Medium to high fixed fees
  • Cannot buy single shares

Pros

  • Capital Com (UK) Limited (“CCUK”) offers Spread betting to its clients
  • Easy to open an account
  • Demo Account
  • Minimum deposit of €20 (by credit card)
  • Extended trading hours
  • Lots of educational content
  • Strong customer support

Cons

  • The product offering is still limited to CFDs in most countries (missing bonds and other real assets)
  • To trade ETFs, users have to contact customer support to open a separate account for that purpose
  • It may be overwhelming for beginners
  • Not available in the United States, Canada, Belgium, Spain, and other countries
nutmeg logo
Nutmeg vs Capital.com: 2023 Comparison 2
  •  
  • General Information
  • Founded in
  • Demo Account
  • Account Minimum
  • Interest on unninvested cash (annually)
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks
  • EU stocks
  • ETFs
  • Cryptocurrencies
  • Custody Fee
  • Inactivity Fee
  • Withdrawal Fee
  • Connectivity Fee
  • Currency Conversion Fee
  • Security
  • Regulators
  • Investor Compensation Scheme(per person, per institution)
  • NutmegAsset 3
  • General Information
  • Founded in2011
  • Demo Account
  • Account Minimum£500**£100 (for lifetime ISA); £500 for other account types
  • Interest on unninvested cash (annually)GBP: BOE bank rate minus 0.75% (never gets below 0%)
  • Products
  • Stocks
  • ETFs*Within their portfolios
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocksNot Applicable
  • EU stocksNot Applicable
  • ETFsEmbedded in the management fees
  • CryptocurrenciesNot Applicable
  • Custody Fee$0
  • Inactivity Fee$0
  • Withdrawal Fee$0
  • Connectivity Fee$0
  • Currency Conversion Fee0%
  • Security
  • RegulatorsFCA
  • Investor Compensation Scheme(per person, per institution)

    Up to £85,000 (assets + cash)

  • Capital.comAsset 3

    84% of retail CFD accounts lose money.

  • General Information
  • Founded in2016
  • Demo Account
  • Account Minimum€/$/£20
  • Interest on unninvested cash (annually)0%
  • Products
  • Stocks*Only in some countries.
  • ETFs*Only in some countries.
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs*On Stocks, ETFs, Indices, Forex, and Commodities.
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks€/$/£0
  • EU stocksNot Applicable
  • ETFs€/$/£0
  • CryptocurrenciesNot Applicable**0.25% spread on Bitcoin CFD - it varies according to each crypto.
  • Custody Fee€/$/£0
  • Inactivity Fee€/$/£0
  • Withdrawal Fee€/$/£0
  • Connectivity Fee€/$/£0
  • Currency Conversion Fee0%
  • Security
  • RegulatorsFCA, CySEC, ASIC and FSA.
  • Investor Compensation Scheme(per person, per institution)

    Up to €20.000 for clients in Europe; Up to £85.000 for clients in the UK.

Franklin Carneiro da Silva
Co-Founder & Fintech Analyst

Franklin is a CFA Level III Candidate with 3 years of experience in Wealth Management as a Fund Research Analyst and the Host of the "Edge Over Hedge" YouTube Channel.

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