No capo, the video has capo 1 but they are tuned a half step down
The verses are finger picked and the chorus is strummed.
Great song and super simple to play.
Listen to the song for the finger picking style

(finger pick) 
C x3

CHold (x32010@1)on to me tonight
And don't let the morning die
For we only get one time
                  Am (x02210@1)      G (320003@1)    CBefore (x32010@1)we fall back to the sky
          Am (x02210@1)      G (320003@1)    CBefore (x32010@1)we fall back to the sky

C (x32010@1)                CThere (x32010@1)is beauty in the dark
A reason for your broken heart
We learn to grow, we learn to break
                  Am (x02210@1)       G (320003@1)                     CWith (x32010@1)each scar we find new strength
          Am (x02210@1)     G (320003@1)                CWith (x32010@1)each scars we find new strength

(strum)
                     F (133211@1)  G (320003@1)   AmCause (x02210@1)we are f----al----len
               F (133211@1)   G (320003@1)    AmWe (x02210@1)are f-----al-----len
               F (133211@1)   G (320003@1)    AmWe (x02210@1)are f-----al-----len
                  F (133211@1)         G (320003@1)            C(finger (x32010@1)pick)
With each scar we find new strength

CLook (x32010@1)straight into the eyes
Of the one who gave you life
And don't hold back when words are true
     Am (x02210@1)  G (320003@1)       CEven (x32010@1)if it makes him cry
              Am (x02210@1)        G (320003@1)      CCause (x32010@1)he wont mind if you make him cry

(strum)
                     F (133211@1)    G (320003@1)   Am (x02210@1)
Casue we are br-----o-----ken
       F (133211@1)    G (320003@1)   AmWe (x02210@1)are br-----o-----ken
       F (133211@1)    G (320003@1)   AmWe (x02210@1)are br-----o-----ken

F (133211@1)     G (320003@1)      AmWith (x02210@1)each scar we find new strength
                  F (133211@1)     G (320003@1)       C(finger (x32010@1)pick)
With each scar we find new strength

C x2