Capital Markets Review
Capital Markets is an ECN/STP brokerage that provides its clients access to trade online in the financial market. According to its website, it was founded by K. Valeran as the business arm of Varalen Capital Markets in the LLC, which is located in the United States of America.
Capital Markets is also linked to various top-leading liquidity providers in order to provide the best prices for its clients. It also provides automatic trading systems and cutting-edge trading platforms to provide a safe and comfortable trading environment to its client-base.
However, despite its accomplishments and reputation, it turns out that all online brokerages are not free from negative reviews online and therefore, we will look into this and see if any of these claims do hold any bearings whatsoever.
In this review, we will look into a more in-depth look into the offerings and various key aspects of the Capital Markets broker and see whether the exchange still lives up to its reputation as well as some of its pros and cons.
Capital Markets: Services and Offerings
While Capital Markets offers the following services to clients residing in almost any part of the globe, some offers may differ depending on the location of the client. Furthermore, clients may also not be able to gain full access to its services listed below due to legal restrictions.
• Trading Instruments
Capital Markets boasts a large listing of financial instruments for their clients to invest in. With over 77 Forex pairs spanning over major, cross, and exotic pairs, and over 3,000 CFDs for a good number of commodities, metals, energies, and indices, Capital Markets is guaranteed to cater to traders of all experience.
• Account Types
Currently, Capital Markets offers only one standard account type which requires a minimum deposit of $300. This account type allows clients to trade with a maximum leverage of 1:500. In terms of commissions, Capital Markets charges according to the financial instrument the client has opted for. Fore example, Forex pairs and Commodities assets can have commissions of up to $7.5 per lot. Meanwhile, CFDs are mostly commission free.
• Bonuses and Promotions
Capital Markets currently does not offer any form of bonuses or promotion at the time of writing this review.
• Trading Platform
Capital Markets utilizes the MetaTrader5 (MT5) trading platform by MetaQuotes. MT5 is one of the leading trading platforms in the industry, most notable for its easy-to-use interface, lightning-quick execution time, and flexible customizability. It features real-time market quotes as well as over 80 pre-installed technical indicators, charting tools, and automated trading options, to name a few.
It is available for desktop, web browser, and mobile for iOS and Android.
• Payment Options
Payment options include credit/debit cards, bank wire transfers, and online payment services such as Neteller and Skrill. Deposits and withdrawals can also be done with cryptocurrency.
Withdrawals are usually processed within the same day, though it could take more if requests are done outside of business hours. Bank transfers usually take one to three business days to process, though some options can take a few seconds.
Bank processing fees may apply depending on which service has been chosen. Online payment services may charge additional fees for deposits or withdrawals.
Most of the details listed in this Capital Markets may often be subject to change. Therefore, for updated information, do check the broker’s official website.
Capital Markets: Is it safe?
Safety and security are the two most important aspects that every online brokerage must look into. It protects its clients and assures that its operations have met with industry standards. Unfortunately, Capital Markets seems to lack any evidence of having proper regulations from authoritative entities.
According to its official website, Capital Markets’ is registered under a group of companies with its U.S. office is registered with the registration number 5263705. In the Marshall Islands is has the registration number of 96572. Meanwhile, its offices in the United Kingdom is 11426492
Capital Markets: Conclusion
While Capital Markets does offer a great deal in terms of the scope and diversity of its financial instruments, allowing for its clients to build their trading portfolio in a dynamic and organic manner.
However, Capital Markets does not seem to provide any evidence of having any official regulation from any financial entity, which can raise a few red flags for more seasoned investors. This would mean that it cannot be certain whether the funds are used legitimately or not. Still, while there hasn’t been any major incident reported, it is safe to try out the broker at your own risk.