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Online trading has gained popularity in recent years. The trend has resulted in the proliferation of online brokers and trading platforms. It becomes important, therefore, that traders vet trading platforms before using them. CapitalBear, popularly called Capitalbear.com, is one brokerage that has caught the attention of traders in recent times. How good is this platform?
In this CapitalBear review, we’ll discuss the most important things you should know about the brokerage firm and its trading platform. In addition to discussing its features and functionalities, we’ll highlight its good sides and possible drawbacks. We’ll also discuss the safety of the platform and more.
What is CapitalBear?
CapitalBear can best be described as a brokerage firm that offers a range of trading services to its diverse clients. It can also be described as a trading platform where conventional and emerging financial instruments can be traded in a straightforward manner.CapitalBear offers a wide range of trading instruments: from binary, digital, and 5-second options to CFDs encompassing Forex, stocks, crypto, commodities, and ETFs.
CapitalBear belongs to the new class of online brokers facilitating easy trading of crypto and other financial instruments and giving traders of all experience levels easy access to the financial markets. CapitalBear is available as a web app as well as on a number of different platforms, including Windows, macOS, and Android.
Pros of CapitalBear:
- Easy registration process and smooth trading experience
- Excellent user interface
- Offers a wide range of tradable assets, including stocks, forex, cryptocurrencies and commodities
- Offers competitive trading conditions with flexible leverage
- Flexible payment options as well as a simple and quick withdrawal process
- Different account types to cater to the needs of different traders
- Wide range of analytical tools to help traders make better decisions
- Very low minimum deposit ($10)
- Support and education for all traders
- Multiplatform access, including web, desktop and Android
- Customer support is available 24/7
Cons of CapitalBear:
- No support for MetaTrader 5
- No native app for iOS
- Limited education and lack of FAQs
- Premium and VIP accounts require higher minimum deposits
- Lack of recognized license and no specific regulation
CapitalBear’s Key Features
To serve its diverse clientele well, CapitalBear has a number of key features. We’ll briefly discuss the most important of these features right away:
Customizable Traderoom
CapitalBear offers an advanced trading toolbox and set of features that allows traders to customize the trading interface the way they want. They can make choices with regard to chart layout, chart type, language, color scheme, and other settings. Up to 9 charts are possible at a time, making it easy to identify market trends and discover lucrative investment opportunities.
Deal Tracking
The trading history section of CapitalBear allows traders to view their full trading portfolio. It also enables performance analysis to help traders improve their strategies.
Analytical Tools
CapitalBear has the right analytical tools to help traders make informed decisions. Traders can get the most out of fundamental and technical analysis by using the platform appropriately.
Technical Indicators and Widgets
Traders who love to make use of technical indicators will find CapitalBear extremely enjoyable. Over 100 technical indicators are available, and traders can conveniently create custom indicators and save their favorite multi-indicator presets. As a side note, you can check our previous article to learn how to use technical indicators to identify bullish cryptocurrencies before other traders do.
Notifications and Alerts
To help traders take advantage of the best opportunities on the markets, CapitalBear offers notifications and alerts. They get instant notifications on important events and can even set desired price levels to get notified when prices reach ideal levels for trade executions.
Risk Management
CapitalBear also has risk management features to help traders avoid excessive losses. They can set Stop-Loss and Take-Profit orders to automatically exit trades at the right time before losses occur. This feature is particularly helpful to beginner traders.
Practice Account
For newbies, practice accounts are important to get familiar with trading. CapitalBear offers a practice account with up to $10,000 for traders to use in order to get familiar with the environment before trading with real money. Players can actually take their time to learn and get familiar before making real-money trades.
Market News
CapitalBear also wants to ensure that users get the right information about market conditions. The platform offers handcrafted news to help users learn more and make better decisions.
Why You Should Consider Using CapitalBear
With all the features described above, it is pretty easy to see why CapitalBear is becoming popular among traders. Are you still in doubt if this could be the right platform to use? Here are a few reasons you may want to use CapitalBear:
- Easy Set Up – It’s pretty easy to register on CapitalBear and start trading; it takes just about 4 steps
- Low-Minimum Deposit – Minimum deposit on CapitalBear is $10; that’s low enough for anyone to pay to get access to an incredible trading platform
- Multiple Account Types to Meet Your Specific Need – CapitalBear offers different accounts, so you can choose the one that suits you most and take full advantage of all the benefits it offers
- Multiple Payment Methods – CapitalBear allows you to make payments through a variety of ways, including debit and credit cards, as well as e-wallets. You can fund your account in different convenient ways
- Easy and Quick Withdrawal – It is also super-easy to withdraw your money from CapitalBear, and it takes seconds to complete a withdrawal order
- Wide Range of Tradable Assets – You also have a wide range of assets (over 200 assets in total) to trade when you register on CapitalBear, including stocks, forex, cryptocurrencies, ETFs, and other financial instruments
- Risk Management Tools – The fact that there are multiple risk-management tools and features on CapitalBear means you can protect your capital better
- News, Education and Alerts – When you use CapitalBear, you have access to a lot of information you can use to make better decisions. Alerts are a lot more helpful to help you improve profitability and minimize losses
- Sleek Performance on Any Device – CapitalBear is optimized to work on multiple devices, including computers, laptops, and smartphones; you can even trade on the move, and the experience will still be great
- Good Customer Support – CapitalBear also supports its clients when there is a need for any sort of resolution
Is CapitalBear Safe?
Generally, CapitalBear is considered a safe platform for online trading. Based on available customer reviews, users of the platform consider it safe. There haven’t been reported cases of difficulties in depositing or withdrawing funds from the platform.
It’s important, however, that we stress that CapitalBear is not licensed or regulated by reputable authorities. This is always an issue, especially when it comes to customers losing their money. Since there hasn’t been any sort of negative report so far, we can regard CapitalBear as a safe platform.
CapitalBear Review – The Verdict
In this CapitalBear review, we’ve covered most of the things you need to understand about CapitalBear as an online broker and trading platform. As we’ve shown, the platform has a lot to offer to traders of all experience levels. It has a great user interface that performs well on all devices, and its features are great too.
We also mentioned that CapitalBear should be considered safe, though its licensing status and regulatory compliance are in doubt. Since customers are generally happy with the platform and its services, it remains a relatively safe platform.
To wrap up, CapitalBear provides safe trading conditions to traders of all experience levels. It’s pretty easy to sign up and take advantage of the market opportunities offered by the platform. It is worth noting that CapitalBear received several awards last year, which speak to its impressive feature set and reliability. The platform was recognized as the “Best Binary Options Provider” by the International Business Magazine, received the “Best Binary Options Platform” award by the Global Business Review Magazine, and won the title for the “Best Trading App” from FX Daily Info.
