B
Capital Index logo

Capital Index

7.4/10
USAA logo

USAA

7.8/10
9/10WinnerRegulation7/10
0/10FeesWinner10/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Capital Index was founded in 2004 and is headquartered in Cyprus, while USAA was established in 2008 and is based in United States. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Capital Index serves 10,000+ clients worldwide; USAA has 10,000+. The minimum deposit is $250 at Capital Index and $25 at USAA.

USAA wins this category
FeatureCapital IndexUSAA
Min. Deposit$250$25
RegulationFinancial Conduct Authority (FCA), FCA FRN 709693Financial Conduct Authority (FCA), The Prudential Regulation Authority (PRA)
Founded20042008
CountryCyprusUnited States
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Capital Index and USAA, directly affecting your bottom line as a trader. USAA has a lower barrier to entry with a minimum deposit of $25 (vs $250 at Capital Index). Both brokers charge withdrawal fees. Capital Index charges deposit fees; USAA does not. Overall, USAA scores higher on fees in our assessment.

USAA wins this category
FeatureCapital IndexUSAA
Min. Deposit$250$25
Withdrawal FeesYesYes
Inactivity FeesNoNo
Deposit FeesYesYes
CFD FeesYesNo

Platforms

Capital Index offers MT4, MT5, cTrader, while USAA supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. USAA supports social and copy trading features, which Capital Index does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureCapital IndexUSAA
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4,Desktop,iPhone/iOSMT4 ,Android,iPhone,Mac

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Capital Index and USAA compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. Capital Index scores higher overall in education and research.

Capital Index wins this category
FeatureCapital IndexUSAA
Forex EducationYesNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Capital Index accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while USAA supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureCapital IndexUSAA
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Capital Index and USAA offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.

Tied
FeatureCapital IndexUSAA
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese