Capital Markets is an Electronic Communication Network (ECN) brokerage that operates under Varalen Capital Markets LLC in the United States. The broker provides its clients with direct access to Forex and other international financial markets. Capital Markets boasts competitive trading conditions, a great variety of financial assets, expert managers, and innovative trading software.
In addition, Capital Markets also has other offices across the globe and operates under Varalen CM Limited in the United Kingdom.
Its official website operates under the domain capital-markets.com.
However, while Capital Markets does get its share of positive user reviews, there is an equal amount of negative ones around as well. In this review, we will take a brief look at some of the features and services that this online brokerage provides and see if it does hold up to its reputation or not. In addition, we will investigate into its history to see if the broker is a safe choice for traders.
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.
• Trading Instruments
Capital Markets offer a decent variety of financial instruments for its clients to trade with. These include over 77+ Forex pairs, which include Major, Cross, and Exotic pairs, 3,000+ CFDs, as well as a good variety of Commodities, Metals, and Indices in its listing.
• Account Types
Capital Markets offers its clients one standard account type which can be opened with a minimum $300 deposit. Clients who opt for this account type can trade with a maximum leverage of 1:500. Commissions differ depending on what kind of trade the client’s opt for. Forex and Commodities trades usually have commissions of up to $7.5 per lot, while CFDs can be traded commission-free. The account’s margin call level is 20%.
• Trading Platform
Capital Markets implements the use of 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, among its other features.
In addition, the MT5 trading platform supports one-click trading and comes with an in-built economic calendar to keep track of various economic events around the world in real time. The MT5 platform can also notify clients of price changes along with news from the MQL5 Community in the terminal.
The MT5 trading platform also boasts lightning-quick execution through its implementation of FIX-protocol, allowing client orders to be carried out within milliseconds.
MTrading’s trading platform is available in desktop, browser, and mobile versions.
• Payment Options
Payment options include credit/debit cards, bank wire transfers. Withdrawals are usually processed within the same day, though it could take more if requests are done outside of business hours. Minimum withdrawal amount is $5,000, while deposits have no limits. Bank transfers usually take one to three business days to process, though some options can take a few seconds.
There are no fees for deposits; however, 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 above may often be subject to change. Therefore, for updated information, please look into 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
In conclusion, Capital Markets offers a great variety of financial instruments which can be great for those interested in organically building a diverse portfolio. Its website offers a
However, one of the biggest downsides to Capital Markets is its lack of proper regulation, which could be enough to deter most potential clients. In addition, the broker does not offer any daily market analysis. Therefore, it is safe to say that there are other decent online ECN brokers that offer almost the same services and are fully regularized to boot.