Capital Panda-Some Detailed Information about This Broker

General Information

Capital Panda are a STP CySEC regulated Forex broker. Capital Pandas parent company BCM Begin Capital Markets CY Ltd is based in Cyprus. They are a broker providing investment services internationally and you can choose from a variety of instruments. They provide access to Forex and CFDs trading on the MT5 platform. The minimum deposit $10 000 and the leverage for professional clients is up to 1:100. There is a possibility to open a limited demo account for free.

Regulation

Capita lPanda was regulated by the Cyprus Securities and Exchange Commission (CySEC) with regulatory license number of 274/15.

Market Instruments

Capital Panda offers over a hundred instruments to trade with. All trading instruments are on their website. They are:

· Forex

· Commodities

· Indices Shares

· CFD

Business Scale

The company offers a wide range and a number of financial products, mainly divided into leveraged instruments and investment products. Leveraged products include CFD products, Futures, Commodities, and listed options, while investment products include stocks, bonds, ETFs, mutual funds, and managed portfolios.

Trading Costs

There is no mention of any trading costs at all set out on the Trading Conditions. This is a very positive element for clients in order to keep trading costs down.

Spreads

The spreads offered by Capital Panda are far from competitive, starting from 3 pips.

Deposit & Withdrawal

The minimum deposit to trade with this broker is $100. To fund your account with Capital Panda, you have the choice of ban wire or Debit/Credit card. With only two options available, this is rather limiting, and it is disappointing that such a new broker to the industry does not offer more methods to satisfy a wider majority of traders. With Capital Panda, you may withdraw your funds only via one method- bank wire, and the minimum you may withdraw is $250.

Customer Service

Should you need assistance during your time as a client with this broker, you may contact them on a 24/5 basis via telephone or email.

Account Types

Capital Panda offer different accounts to suit your needs. All account types provide access to their complete range of financial products and all trading platforms. Capital Panda has five account namely:

· Basic Account

· Advanced Account

· Advanced Pro Account

· Expert Account

· VIP Account