Trade more than 250 instruments across 3 markets [Forex, stocks, crypto] with a minimum deposit of $10 on CapitalBear MY, the Malaysian branch of CapitalBear binary platform.
The company provides over 20 local and international payment options. Its trading platform is available on web & android. Also, a demo account is available for practice.
CapitalBear MY Details and Specifics
CapitalBear, the parent company of CapitalBear MY, is an online trading services provider headquartered in Charlestown, Nevis island. This global platform serves a large number of over 110 million registered traders.
However, there's not much detail available about the Malaysian branch of the company.
Summary of Features
As it happens in every other review article, in this section we are going to provide a table consisting of the main specifications:
Broker | CapitalBear MY |
Account Types | Standard, Demo |
Establishment Year | Not Specified |
Trading Platforms | Proprietary Platform |
Maximum Return | Not Specified |
Minimum Deposit | $10 |
Base Currencies | USD |
Deposit Methods | +20 Payment Options |
Withdrawal Methods | +20 Payment Methods |
Minimum Trade Size | Not Specified |
Maximum Trade Size | Not Specified |
Tradable Assets | +250 |
Investment Options | None |
Bonus | None |
Spreads | Not Specified |
Commission & Fees | Not Specified |
Maximum Leverage | Not Specified |
Affiliate Program | None |
Trading Features | Newsfeed, Technical Indicators, Portfolio |
Inactivity Fee | Not Specified |
Customer Support Ways | Not Specified |
Customer Support Hours | 24/7 |
Trading Accounts Variety
CapitalBear MY doesn't provide much useful information regarding its trading account specifics and features, but based on our investigations, there are 2 main accounts available:
Standard & Demo:
- Standard: The regular trading account where users can engage in real-money trading. The account requires a minimum deposit of $10;
- Demo: A practice account designed for both beginners and experienced traders to test strategies risk-free.
Registration and Verification on CapitalBear MY
At the time of this review, there appears to be an issue with the sign-up button redirecting to an unrelated website (bitcoinas.org).
This is likely a technical error that needs to be addressed by CapitalBear MY's technical team. Nevertheless, currently it's impossible to create an account on the website.
Bonuses and Promotional Offers
We investigated the company's website and related sources for any information regarding bonuses. Based on these examinations, there are currently no promotions offered by the platform.
Note that this might change in the future. Occasionally check this page to be informed of any updates.
What is The Commissions and Fees Structure in CapitalBear MY?
Unfortunately, specific data on the platform's commission and fee structure for binary options trading is not available at the time of this review. This lack of transparent information about fees is a point of concern that readers should be aware of.
Without specific data on the company's fee structure, it's difficult to assess the cost-effectiveness of trading on their platform. Potential traders should be cautious of hidden fees or unclear pricing structures.
Trading Cabinet: Features and Specifics
Usually, binary platforms and financial firms utilize an exclusive personal cabinet. The website on CapitalBear MY binary is developed based on this rule with specifics such as:
- 250+ trading pairs in Forex, stocks, and crypto markets;
- minimum withdrawal amount of $10;
- Newsfeed with posts and updates from around the world;
- Portfolio displaying past activities in an organized way.
Can You Access Indicators on The Platform?
The company's website doesn't reveal much data about this matter, either. It does not mention any specific indicators and tools; the website only says that there are dozens of technical indicators available.
Payment Options and Terminals
CapitalBear MY offers a wide array of payment options, with over 20 local and international methods available. Again, the company doesn't go into detail about the exact funding terminals.
Copy Trading, Social Trading, and Other Investment Options on CapitalBear MY
Based on the available information, the company does not currently offer copy trading or any other investment services.
These popular features, which allow traders to earn passive income besides trading or interact with a community of users, are not part of CapitalBear MY's current offering.
Trust Scores and Website Ratings
While specific trust scores for CapitalBear MY are not available, the parent company CapitalBear has received positive ratings on reputable review websites such as "Trustpilot" and "REVIEWS.io". We will go through these scores in this section:
Trustpilot:
- 4 out of 5;
- Over 60 reviews;
- 60% of reviews are 5-Star;
- Claimed profile.
REVIEWS.io:
- 2 out of 5;
- More than 40 ratings;
- +80% of reviewers recommend the platform.
However, it's important to emphasize that these scores are for the parent company and may not directly reflect the specific binary options service.
CapitalBear MY Support Overview
The company isn't providing exact data about the customer service department. To be precise, it only states that 24/7 support is provided; no more detail is available.
Therefore, we don't have any information about the support's contact channels.
Writer's opinion and conclusion
CapitalBear MY provides 2 accounts [Standard, Demo] for trading. The binary company offers a personal cabinet with a minimum withdrawal of $10 and features such as Newsfeed with updates from around the world, Portfolio for monitoring past activities, and more. There's a 24/7 support department available.
