Safety Measures:
Capital Markets Elite Group implements robust security measures to protect its clients' accounts and data. Multi-factor authentication (MFA) is required for account access, adding an extra layer of security against unauthorized login attempts. Additionally, CMEG conducts regular security audits and updates to safeguard against evolving cyber threats.
The company also adheres to strict regulatory standards set by the FCA, including protocols for handling and storing client funds and data.
What are Securities to Trade with Capital Markets Elite Group？
Capital Markets Elite Group provides a robust platform for trading a vast array of securities. Clients have access to over 6,000 U.S. stocks and ETFs, encompassing equities from major exchanges like NASDAQ and NYSE.
This includes prominent companies such as Apple, Amazon, and Tesla, allowing investors to engage with a wide spectrum of industry-leading stocks.
The extensive selection supports various trading strategies and portfolio diversification, enabling users to explore opportunities across various market sectors.
Capital Markets Elite Group Accounts
Capital Markets Elite Group offers two account types Active Account and Standard + Standard Plus Accounts:
Active Account
The Active Account at Capital Markets Elite Group is geared towards traders who require sophisticated tools and rapid execution capabilities. Users of this account have access to DAS Trader Pro and Sterling Trader® Pro platforms, which are known for their low latency and advanced features. These platforms offer smart order routing and a comprehensive suite of trading tools, making them ideal for day traders and active investors who engage in high-frequency trading or who need quick and precise trade execution. This account is suitable for professional traders and those who require a robust trading environment to support complex strategies.
Standard and Standard Plus Accounts
The Standard and Standard Plus Accounts are designed for investors who prefer a more relaxed approach to trading. The Standard account is a non-leverage option, ideal for those who wish to trade using only their available funds without borrowing. This account type is well-suited for conservative investors and those who follow a buy-and-hold strategy. The Standard Plus account, on the other hand, provides leverage for balances over $2,500, with up to four times the buying power. This makes it suitable for more experienced traders who seek to amplify their trading capacity while managing the risks associated with leveraged positions.
Capital Markets Elite Group Fees Review
Commissions and Fees
Capital Markets Elite Group charges a competitive fee for trading equities and ETFs. The standard commission is $0.0005 per share, with a minimum charge of $0.50 per order and a maximum of 1% of the trade value. For the CAP it ALL platform, the fee is set at 0.05% of the trade value. These rates provide a cost-effective option for traders handling various volumes.
Overnight Position Fees
For holding long or short positions overnight, CMEG applies a fee based on the Fed Funds Rate plus an additional basis point spread, which varies according to the balance of the position. The spread starts from +875 basis points for positions under $10,000 and decreases incrementally to +250 basis points for positions over $500,000. This tiered structure adjusts the cost relative to the size of the position.
Platform Fees
CMEG offers multiple trading platforms with varying monthly fees. DAS Trader Pro costs $215 per month, while Sterling Trader® Pro is slightly higher at $224 per month. The CAP it ALL platform, however, has no monthly fee, making it an economical choice for traders who prefer lower overhead costs.
ECN Fees
Electronic Communication Network (ECN) fees apply on a per-share basis. For SMART routing, the charge is $0.0030 per share. Specific routes like SMNYSE, SMNSDQ, and SMARCA incur a slightly higher fee of $0.0035 per share. Pre-market and post-market trading outside regular hours (9:30 am to 4:00 pm EST) are subject to a $0.0045 per share fee, applicable across all order types.
Account-Related Fees
CMEG imposes an administrative fee of $0.0005 per share for regulatory purposes. For users who require additional market data, optional monthly fees apply, such as $20 for non-professional and $85 for professional access. FX exchange rate fees are set at 1%, and broker-assisted trades incur custom fees that can be discussed directly with the sales team.
Compared to other popular brokers, CMEG's commission rates are competitive. The $0.0005 per share fee, equivalent to 0.05% of trade value. This makes CMEG competitive with other brokers, such as TD Ameritrade and E*TRADE.
Margin Interest Rate
Capital Markets Elite Group applies margin interest rates based on the market value of long and short positions at market close. For DAS Trader Pro and Sterling Trader Pro, overnight fees range from 7.5% APR for balances up to $100,000, decreasing to 4.5% APR for balances over $3,000,000. CAP it ALL offers a margin interest rate of 6.25% APR specifically for Standard Plus accounts.
These rates apply to the borrowed amount, not the trader's capital, providing flexibility for leveraging investments.
Capital Markets Elite Group App Review
App view
The CAP it ALL app by Capital Markets Elite Group offers friendly trading experiences for US stocks and ETFs on both mobile and desktop platforms. Key features include commission-free stock trading, access to Level 1 market data, and an intuitive interface designed for ease of use. The mobile app, available for Android, allows traders to monitor portfolios and execute trades swiftly from their devices. For more comprehensive trading needs, users can easily switch to the desktop app.
To download the CAP it ALL app, simply visit the Google Play Store on your Android device, search for “CAP it ALL,” and follow the prompts for installation.
Trading platform
Capital Markets Elite Group offers several trading platforms for traders:
DAS Trader Pro
DAS Trader Pro is highly regarded for its robust and reliable performance in direct access trading. Rated 4 out of 5 for ease of use, it is favored by swing traders and long-term investors alike. As a preferred platform for Nasdaq and renowned for powerful executions, it offers Level 1 market data and supports trading in US equities and ETFs. Traders appreciate its comprehensive features and competitive pricing, making it a top choice for those seeking efficient trade execution and advanced trading technologies.
CAP it ALL
CAP it ALL provides a user-friendly interface coupled with Level 1 market data access for US equities and ETFs. Notably, it offers no platform fees, comprehensive tutorials, and accessibility across both mobile and desktop platforms. This platform is ideal for investors looking for simplicity, cost-effectiveness, and educational resources to support their trading strategies.
Sterling Trader Pro
Sterling Trader Pro excels with a 4 out of 5 ease-of-use rating, tailored for scalpers, intra-day traders, and momentum traders. It supports Level 1, Level 2, and optional data feeds, enabling fast execution speeds crucial for active trading strategies. Like the other platforms, it focuses on US equities and ETFs, offering high customization options and robust reporting and analysis tools. Traders appreciate its speed and flexibility, making it suitable for those who require advanced trading capabilities and in-depth market insights.
Each platform offered by Capital Markets Elite Group is designed to meet specific trading needs, providing a range of features from simplicity and educational support to advanced customization and execution speed.
Research & Education
Capital Markets Elite Group provides educational resources through its “Learn” section, which includes Trends and Insights and a Knowledge Hub. These resources educate traders on market trends, investment strategies, and trading techniques.
Customer Service
Capital Markets Elite Group provides comprehensive customer support through multiple channels.
For business inquiries, customers can reach them from Monday to Friday, 9:00 AM to 5:00 PM UK time, at (+44) 0203 854 0040 or via email at support@cmelitegroup.co.uk.
For account opening and general client inquiries, they are available at the same hours. Customers can call (+44) 0203 854 0041, email ukclientservices@cmelitegroup.co.uk for general inquiries, or sales@cmelitegroup.co.uk for account opening assistance.
Conclusion
In conclusion, Capital Markets Elite Group offers a competitive option for traders interested in US equities and ETFs, with a focus on robust trading platforms like DAS Trader Pro and Sterling Trader Pro. Its regulated status under the FCA provides reassurance regarding security and adherence to regulatory standards. The platform is suitable for a range of users, including active traders who benefit from advanced tools and competitive fees, as well as long-term investors seeking commission-free trading options.
FAQs
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