CapitalPanda Review – Top forex broker?

CapitalPanda.com is a broker that offers CFDs on stocks, indices and commodities in addition to currency pairs and direct stocks purchase. Learn more about CFDs here. CapitalPanda is a trademark of BCM Begin Capital Markets CY Ltd, which is licensed in Europe by the Cypriot regulatory authority CySEC, so the broker can legally offer its services in Europe. CapitalPanda has set the minimum deposit at $100 when funding a trading account with a credit/debit card, and the minimum deposit is $250 when depositing by bank transfer. Withdrawals at the broker cannot be made using a credit/debit card, but only by bank transfer, the minimum amount that can be withdrawn is $250.

CapitalPanda review – Broker overview

Minimum deposit100 USD
PlatformMT5
Regulated brokerYes
RegulationsCySEC
Demo accountYes

Special features and advantages

Automatic trading (EAs)Trailing Stop-Loss

Trading platform

CapitalPanda offers its clients a modern MT5 platform. This popular platform serves very well not only for opening and closing trades, but also for analyzing the markets. The MT5 platform supports automated trading systems (EAs). You can either trade with it directly from a web browser, or you can download the platform to your computer or mobile device.

CapitalPanda - trading platform, brokerage comparison of top forex brokers

CapitalPanda fees (spreads)

Just like any other CFD broker, CapitalPanda charges a spread fee. For the current value of this fee, please visit CapitalPanda’s website. We have prepared a small comparison table here, where you can find the amount of CapitalPanda spread fees on popular currency pairs compared to 2 other popular CFD brokers.


EUR/USD
EUR/USDUSD/JPYGBP/USDAUD/USD
Plus500*0.60.71.10.6
XTB*0.81.42.01.7
CapitalPanda**3.07.07.010.0
*the spread values were gathered from the brokers’ trading platform 26/09/2019
**the spread value was gathered from the broker’s trading platform 29/09/2020 at 12:26

CapitalPanda Review Summary

CapitalPanda must adhere to strict regulatory guidelines from the CySEC regulatory authority. The broker offers the MT5 trading platform and a free unlimited time demo account. The range of assets here is very decent, you can find over 60 currency pairs, indices, commodities (soft commodities, precious metals, heavy metals) and several hundred stocks (consisting of US, Asian and European stocks). However, the fees are a bit higher than the ones of their competitors. It is also interesting to note that the minimum withdrawal is only possible with the broker above the amount of 250 USD, the broker does not process lower withdrawals.

Advantages

  • Relatively strict regulation
  • Demo account
  • MetaTrader 5
  • Decent range of assets
  • The ability to directly buy stocks

Disadvantages

  • Minimum withdrawal limit
  • Higher spreads

CapitalPanda Review – Broker rating

Our Score

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