CapitalPanda review (2021) Review

Capital Panda’s 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.

CapitalPanda main page

Trading instruments

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

  • Forex – This broker will satisfy most of its clients with its instruments.
  • Commodities
  • Indices Shares
  • CFD – one of the most preferred trading methods.

Capital Panda different types of accounts

You can choose what you want to trade- Capital panda

 

Regulation

Capital Panda is a registered trademark of BCM Begin Capital Markets CY Ltd., a Cypriot investment firm (CIF) supervised and regulated by the Cyprus Securities and Exchange Commission (CySEC), and also has a CIF license.

CApitalPanda regulations

Capital Panda demo account

They offer the possibility to open a demo account, free of charge. The demo account will allow you to test your skills and their platform without risking anything. It is opened for 30 days. Trading takes place on the same server as real money trading, so the demo provides a true idea of trading with Capital Panda. The demo account has $ 100,000 available for you to start with.

capitalPanda will tell you how to use demo account

Capital Panda fees

The fees charged by Capital Panda are quite high and that I have found out on other reviews. I couldn`t find a list of fees on their website. They charge management fee a maintenance fee of 89 Euro if the Trading Account is inactive. Their spreads are higher, so the minimum spread for EUR / USD is 3 pips.

 

Registration process

After clicking on the CTA button, I found on the main page, A form came up for me to fill in. It took me about a minute or two. In a minute after registering, I got three welcome emails. The first email was an activation one.

Sign up at Capital panda is easy

The second email has login details and the third email about an e-book they sent. This should have been highlighted, I think. The e-book is for free and in pdf format. It’s a short guide to trading.

E-book guide

informations

Terms you need to know

After verifying myself I got logged in. Then I had to choose between opening a demo account and a live account. After I chose what account I wanted I had to choose again which account I wanted to open. That I found annoying.

Easy guide through signing in

The main page showed me my balance and what type of account I had opened. I could also see my password, regulations risk warning and link to join their social networks. The main page also includes a “deposit” button and a “start trading” button. Under the “instruments” button I found the top traded graph.

main page of your account

As you can see on the left side you click to choose between Forex, Commodities, Indices and Shares.

You can choose from many options

After browsing through I decided to start trading. You need the login details from the second email. Click the “demo” button otherwise you can`t log in. I had to fill in my name and surname, again and then I had to wait for my registration to go through. After a few minutes was finally in the web trader with a new login number and password. On the right, you see a graph of the selected instrument.

Graph of tradings

On the left, there are the individual instruments with their current rates. Registering for the account was easy, although I found it annoying how many times, I had to choose which account I want and type in my name several times and then at the end I got a different password and log in anyway. Other than that, I had no problems whatsoever.

 

Trading platforms

Capital Panda uses the enhanced MetaTrader 5. This platform can be used on your mobile phone, web or tablet. I had to use the web trader because I have a Macbook and can`t use an application for it.

MetaTrader 5 is used by CapitalPanda

MetaTrader 5

Capital Panda website

The web design is simple, straightforward and the colors they use are calming. They are well laid out and functional. Navigating around the web is simple and intuitive. They should highlight the demo account more and even the e-book they sent me. In the top panel of the main page you can choose between:

  • Home
  • About us
  • Trading
  • Partners
  • Education
  • Video
  • Contact us

Every option opens up into a list, where you specify your needs. The Education section contains only five general articles on CFDs, leverage, platform and instruments and news overview.

In the video section you`ll find 3 videos about Commodities, Indices and What does loss stop mean.

Educational videos are simple and smart by Capital Panda

The website is available in 4 languages and the contact details are there for you to find. You`ll find local contact numbers, emails and addresses., which is very useful and handy. Not usuall.

contacts

Social networks

According to their website, they are active on Facebook, Instagram and Linked-in. Facebook has around 1000 followers, and the last post is only a week old. It looks like they post weekly. Instagram is pretty much the same as Facebook.

Social network is top class by Capital Panda

 

Summary advantages and disadvantages

The advantages of this broker are a demo account, where you can test your skills, learn about the MT5 platform and use a virtual $100 000. Also, a wide variety of instruments is a plus for this broker. They are registered and licensed. Their website and contacts are in 4 different languages and the platform MT5 is very good. They are transparent. You can find all information about the regulations, risks and licenses. What I found disappointing was the lack of educational videos and webinars, no news, no economic calendar and no activity on social networks. I couldn`t find much about the fees they charge, but found out, that the fees are quite high.

 

The Cons

  • Higher fees
  • Lack of videos and webinars

 

The Pros

  • Demo account
  • Wide variety of instruments
  • Registered and licensed

 

Pros / Cons
  • Wide variety of instruments
  • Registered and licensed
  • Demo account
  • Lack of videos and webinars
  • Higher fees

Capital Panda’s parent company BCM Begin Capital Markets CY Ltd is based in Cyprus. They provide access to Forex and CFDs trading on MT5 platform.