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CapitalBear Review: Is It Legit or Scam?
If you want to enter the Forex market but are still looking for the right platform, CapitalBear is the platform that can immensely help you trade-in. But before trusting any platforms in monetary terms, here are a few things to pay attention to. It might be crucial for you to make the right decision as well. Here is a small review of CapitalBear, where you can know everything about it. So, let’s start with the vital information and a detailed description of CapitalBear.
What is CapitalBear?CapitalBear is reportedly a forex broker based in Nevis, asserting to offer clients a range of tradable financial instruments through web-based and mobile app trading platforms. Operating under the jurisdiction of Nevis for the past 2-5 years, Capital Bear provides diverse market instruments such as Forex, stocks, cryptocurrencies, commodities, and ETFs. The trading platform can be accessed through web trading and the Capital Bear mobile application.
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Is CapitalBear a Safe Platform to Use?
One of the notable information you should know about CapitalBear is that it does not hold any licenses for now, which means it is not currently operating under any regulatory authorities.
CapitalBear Features- CapitalBear Advanced Trading Toolbox- allows you to customize your trading experience with special features, empowering you to make informed decisions on each deal. Additionally, it provides access to the best daily handcrafted news, ensuring you stay updated on important events and never miss out on lucrative trading opportunities with timely notifications.
- Customizable Interface: Take control of your platform experience with comprehensive visual customization, allowing you to personalize theme colors and chart types according to your preferences.
- Variety market instruments: CapitalBear not only deals in one market instrument, but it deals in multiple of them, including Forex, stocks, cryptocurrencies, commodities, and ETFs, which makes this platform more likable among the people.
- Dummy accounts: CapitalBear gives you the features of day accounts and live accounts for trading. These features help you first practice trading, and then, in the aftermath, you can quickly start trading when you have a grip on it.
- Efficient support system: CapitalBear has a very efficient and fast customer support system where you can easily avail their help through multiple channels and platforms like Facebook, Telegram, Instagram, and Twitter.
CapitalBear deals in a wide range of market instruments that serve as a medium for all users to hop into this platform and use it to their best advantage. Here are some of the listed market instruments that CapitalBear holds.
- Stocks – Traders would be much happier knowing that CapitalBear also bears stocks to start their trading, buying, and selling game. It has approximately 200 stocks on this platform that you can enjoy trading with.
- Cryptocurrencies – Suppose you want to earn high profits and improve your trading skills. In that case, CapitalBear gives you ample opportunity to do that because it has a range of cryptocurrencies listed so that you can reach the top of your game, including all the best and the top cryptos. CapitalBear has it all, including 39 cryptocurrencies.
- ETFs- A range of 25 ETFs are available at CapitalBear, with which you can earn high profits in this domain.
- Commodities include gold, silver, crude oil, Brent, and WTI, listed and contained in the range of market instruments available at CapitalBear.
- Forex – Since CapitalBear takes pride in being one of the best forex trading platforms, it is evident that it also deals in Forex. It includes USD, JPY, and more for your trading.
Types of accounts on CapitalBear
Gain valuable investment experience with CapitalBear’s $10,000 reloadable demo account, where no initial deposit is required. Start exploring the world of investing with a minimum deposit of just $10, ensuring accessibility for all investors. Enjoy the freedom to invest with amounts as small as $1 without any fees involved. Begin your investment journey today, starting small and building experience along the way.
Deposits and Withdrawals at CapitalBearCapitalBear has easy deposits and withdrawals available. It accepts over 20 payment methods, including Mastercard, visa, and others. Along with that, there is no minimum deposit list as well. A withdrawal request is sent from the client’s profile, and after the application is highly submitted, it gets processed.
- Spreads: Traders engaged in forex transactions with Capital Bear are subject to spreads, which vary based on market conditions. The broker maintains competitive spreads, with underlying liquidity and market volatility influencing rates.
- Fees on inactivity: Capital Bear enforces an inactivity fee for trading accounts that remain dormant for 90 days. Traders are charged 10$ as an inactivity fee. To avoid such costs, traders should maintain an active trading status by making continuous trades on the Capital Bear platform.
- Swap Fees: Capital Bear applies a swap fee, also known as an overnight fee, for traders who keep their positions open overnight. This fee ranges from 0.1% to 0.5%, depending on the specific circumstances.
CapitalBear offers round-the-clock, multilingual support, ensuring the customer support team is always available to assist with any problems. To contact CapitalBears customer support, email them at [email protected]. Additionally, you can stay updated and connect with the broker on various social networks, including Twitter, Facebook, Instagram, and Telegram. The company is located on the Lighthouse Trust Nevis Ltd, Suite 1, A.L. Evelyn Ltd Building, Main Street, Charlestown, Nevis.
3 Best Free Crypto Airdrop Checker Tools CapitalBear Pros and Cons ConclusionThis was all about CapitalBear, its features, limitations, and also its best merits that you can consider before applying. In this CapitalBear review, we have covered all the essential points you should know to make an informed decision. With no license but a good base for beginners, CapitalBear can be your choice with its good features and approach towards trading.
Frequently Asked Questions Is CapitalBear licensed?CapitalBear is not licensed, and the authorities do not regulate it.
What is the minimum deposit at CapitalBear?The minimum deposit required at CapitalBear is 10$.
Do we also need to add funds to a dummy account at CapitalBear?No funds are required in the dummy account, and you can start trading as it is.