Capital Markets Banc (CapMB) was an unlicensed Forex CFD broker that is owned and operated by Joshua Partners EOOD. They seem to now be out of business!
For complaints and broker withdrawal problems, go read this.
Capital Markets Banc Review
A review of the new Forex broker Capital Markets Banc shows that CMB give their investors the classic MetaTrader4 trading platform. There is available both the desktop standalone version, along with the web based and mobile versions. The web trading platform is made by the Panda Trading Systems company.
You will find hundreds of underlying assets available for trading CFD’s, including all the popular Crypto Currency Pairs, Bitcoin, Ethereum, and Classic Forex Pairs. Their website and customer support is available in English, Spanish, Italian, Polish, Arabic, German and Russian. Maximum leverage on Forex pairs goes as high as 200:1, and spreads on the Euro Dollar pair are as low as 3 pips.
Bitcoin is available with a bid/ask spread of $175 as of January 2018. You can choose from three account types, with the minimum deposit for a Micro Account being $250.
Capital Markets Banc Regulation
When the Scam Broker Investigator reviews a Crypto or Forex broker to determine if they are a scam or legitimate company, we first check to see a valid brokers license. Forex brokers in Europe are usually licensed by the FCA in United Kingdom or CySEC in Cyprus.
Capital Markets Banc is not a licensed broker.
They are located at: Fridtjof Nansen Street 9, 1142, Sofia, Bulgaria. Contact phone number in United Kingdom is: +44 208 089 1162, and customer support email address is: [email protected]. Official website was capmbeu.com, and is now capmb.co.
Investors will almost always trade with a licensed broker to be sure that their money is stored in in segregated bank accounts. If you want to see how the scams operated you can read this.
Compare Capital Markets Banc
Smart investors always review a few different Bitcoin / Forex brokers before making a final choice.
ForTrade is the best broker for new investors to start with. They are a legitimate broker, that is regulated by the FCA & ASIC, look here.
Try a Free Demo Account, on their awesome trading platform, signup here.
If you are currently investing at this broker, please share your experience in the comments section below.