CapitalMarketsBanc Review

CapitalMarketsBanc Review
Ines Matkovich
CapitalMarketsBanc is an unregulated forex broker. In this review we will try to present you all good and bad sides of trading with this broker so you can make the final decision whether to deposit with it or not. CapitalMarketsBanc claims to be leading online trading broker that accepts traders from over 180 countries and... Read more
CapitalMarketsBanc is an unregulated forex broker. In this review we will try to present you all good and bad sides of trading with this broker so you can make the final decision whether to deposit with it or not. CapitalMarketsBanc claims to be leading online trading broker that accepts traders from over 180 countries and 175 assets, as well as personalized training programs that should help traders achjieve the optimum trading experience. In this CapitalMarketsBanc review, traders will find out more about the software this broker is using, different account types, and terms and conditions related to depositing and withdrawing.
1.5
  1. CapitalMarketsBanc is an unregulated forex broker. In this review we will try to present you all good and bad sides of trading with this broker so you can make the final decision whether to deposit with it or not. CapitalMarketsBanc claims to be leading online trading broker that accepts traders from over 180 countries and 175 assets, as well as personalized training programs that should help traders achjieve the optimum trading experience.

    In this CapitalMarketsBanc review, traders will find out more about the software this broker is using, different account types, and terms and conditions related to depositing and withdrawing.

  2. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is FXMasterBot, a trading software that lets YOU choose the broker and also provides fast, reliable and FREE trading signals!

    Your capital is at risk
  3. CapitalMarketsBanc Special features

    All traders who decide to register with CapitalMarketsBanc have 3 different basic account types at their disposal. There are also 3 additional accounts that determine certain aspects of trading in a more detailed way, but more on that later.

    Micro Account

    CapitalMarketsBanc Micro account is the cheapest on the list, with only $250 required as a minimum deposit. This account offers standard spreads, and both binary and forex trading so traders can diversify their portfolio. They also get access to the academy, all trading tools, social trading and 1:200 leverage.

    Standard Account

    CapitalMarketsBanc has a somewhat higher price tag in terms of minimum deposit – $2500. Traders get all the benefits of Micro account, and some additional ones: adjustable leverage, stocks for  FX (or CFDs trading), dedicated account manager and risk management.

    Pro Account

    CapitalMarketsBanc offers minimum deposit that starts at $20,000 which is really pricey for most beginners and average traders. Traders get both floating and fixed spreads, as well as advanced strategies and tailor mode.

    ECN Account

    ECN account is the first on the list of our special accounts. In CapitalMarketsBanc review, we noticed how this account offers floating spreads and 1:100 leverage. Minimum lot is 0.1, and a maximum lot is 100. All other features are standard as on other account types. One of the main benefits of ECN accounts, is that traders can enjoy tighter spreads and after hours trading.

    Islamic Account

    Islamic account is not an account per se, but a set of features that are implemented to your trading account so that everything is in compliance with Sharia law. This is of great importance for Muslim traders. Keep in mind that this account is not available for traders of other religions.

    This account includes +10 EURUSD spreads, 1:200 leverage, and no swaps.

    VIP Account

    CapitalMarketsBanc Review showed how this broker offers VIP account as well, but only to those that deposit more than $100,000. VIP account is dedicated exclusively to high volume traders. IT provides more customized and personalized trading experience with adjustable leverage.

    Demo Account

    CapitalMarketsBanc demo account is listed as a part of standard MT$ trading platforms. However, we were unable to trade with a free demo account during this review. Unfortunately, even after we filled out the entire form, we couldn’t press the correct button as it was inactive.

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  6. CapitalMarketsBanc Trading software

    All trading with CapitalMarketsBanc takes place on Metatrader4 software. Metatrader4 is a cult trading platform developed for forex trading, but it supports binary trading as well. It looks very familiar to the windows computer interface, which means that most traders will find it to look familiar, even if they never used the MT4 before.

    In order to trade, users must first download the MT4 software and then install it to the device of their choice. CapitalMarketsBanc offers Android and iOS apps, as well as Mac and Windows programs. Make sure to download the correct version for every device you are planning to use.

    CaitalMarketsBanc also offers several tools traders can use to understand market movements on a higher level, and to make more precise predictions.

    • Economic calendar – helps you keep track on all important market events, especially for traders who prefer event trading.
    • Financial calculator – has pip calculator and Fibonacci calculator for more precise trading. When using these calculators, traders have to know several parametars they need to put in before calculating.
    • Autochartist – helps traders find certain patterns in charts. These can help traders who prefer trading based on historical data, to act at the right time in the right way.
    • Social trading – you can also simply utilize your effort by using other peoples’ knowledge for your own benefit. Simply find a trader you want to follow and copy their trades.
    • Forex calculator
    • Smart communication system – special communication network that has two main goals. First is to deliver you news and updates on the market, and second is to keep you safe by sending you instant feedback on your trading stats.
    • Market summary – short article about daily happenings in financial markets.

    While we truly appreciate such great selection of tools, it would be even better if they offered additional explanations on each tool, and maybe even video tutorials as well. That way, traders would immediately know how to use them for their own benefit.

  7. If you want to trade with an Automated Trading Robot, we recommended using FX Master Bot

  8. CapitalMarketsBanc Support information

    CapitalMarketsBanc has a customer support that is mainly based on live chat. Traders only have to click the live chat window, enter their name, phone number and email and start talking to a customer support agent. During our CapitalMarketsBanc review, we tried to ask live chat customer support several questions. Every time they responded quickly, but had some troubles giving us exactly what we needed and frequently needed additional explanations.

    Good news is that customer support is localized. On ‘Contact Us’ page, we found that traders can send emails in English, Italian, Russian, Polish, Arabic, German and Spanish, and each of languages has a special customer support email. This is really convenient for traders who can’t speak English.

    Even though there is an educational section published, it wasn’t ready during writing of this review and traders will face many ‘coming soon’ headlines instead of useful strategies.

  9. Try a simpler way of trading with FXMasterBot

  10. CapitalMarketsBanc Payment Methods

    Minimum deposit with CapitalMarketsBanc is $250, and minimum withdrawal is $100 for all methods except bank wire. Bank wire withdrawals must be at least $250.

    CapitalMarketsBanc review showed how this broker charges some fees for all withdrawals.

    • Bank wire – $50
    • Credit card – $25m + $10 processing fee
    • Levy of 10% for all withdrawals on accounts that haven’t reached over 200 in turnover or that aren’t verified

    As it can be concluded, these fees are not very user friendly and may affect the amount you receive in the end significantly, as there are several charges involved. Keep in mind that you may always be charged by your credit company as well. Withdrawal usually take 4 to 7 days or longer, which is quite long. Only accepted payment methods are bank wire and credit cards. More variety would be welcomed.

    In case the trader accepts any bonus or promotion, the trading volume x25 must be reached prior to a withdrawal.

    This broker is owned by Joshua Partners EOOD.

     

  11. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is FXMasterBot, a trading software that lets YOU choose the broker and also provides fast, reliable and FREE trading signals!

    • Choice of reputable brokers
    • Free forex & crypto signals
    • Advanced trade settings

    Try a simpler
    way of trading
    with FXMasterBot

  12. Your capital is at risk
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