CapitalPanda – what we know and have as facts about it; CapitalPanda is a brand name of BCM Begin Capital Markets CY Ltd (previously OX Capital Markets Ltd), which is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license number 274/15. This license allows it to conduct various financial services, including receiving, transmitting, and executing customer orders.
We have found in the Order Execution Policy document that the company does not execute the client order in CFDs as a principal to principal against the client, i.e. the company is not the Execution Venue for the execution of the client’s order. The company transmits client orders or arranges for their execution with third parties. This means the company uses the Straight Through Processing (STP) model to execute client orders and it is not a market maker. Thus, the main conflict of interest related to market makers is not relevant here.
So far, we have not received any complaints from customers of CapitalPanda. If you have any criticism to share with us or feel annoyed by CapitalPanda, please fill in the form below, detailing your case. Once we have made your case public, we may attempt to mediate between you and CapitalPanda if you wish.