Capitalpanda | How to avoid unreliable or even fraudulent market players

🍪 Cookies

We use cookies to store, access and process personal data to give you the best online experience. By clicking Accept Cookies you consent to storing all cookies and ensure best website performance. You can modify cookie preferences or withdraw consent by clicking Cookie Settings. To find out more about cookies and purposes, read our Cookie Policy and Privacy Statement.

Cookies settings


Cookie Control

What are cookies?

Cookies are small text files that enable us, and our service provides to uniquely identify your browser or device. Cookies normally work by assigning a unique number to your device and are stored on your browser by the websites that you visit as well as third-party service providers for those website. By the term cookies other technologies as SDKs, pixels and local storage are to be considered.


If Enabled

We may recognize you as a customer which enables customized services, content and advertising, services effectiveness and device recognition for enhanced security
We may improve your experience based on your previous session
We can keep track of your preferences and personalize services
We can improve the performance of Website.


If Disabled

We won't be able to remember your previous sessions, that won't allow us to tailor the website according to your preferences
Some features might not be available and user experience reduced without cookies


Strictly necessary means that essential functions of the Website can not be provided without using them. Because these cookies are essential for the properly working and secure of Website features and services, you cannot opt-out of using these technologies. You can still block them within your browser, but it might cause the disfunction of basic website features.

  • Setting privacy preferences
  • Secure log in
  • Secure connection during the usage of services
  • Filling forms

Analytics and performance tracking technologies to analyze how you use the Website.

  • Most viewed pages
  • Interaction with content
  • Error analysis
  • Testing and Measuring various design effectivity

The Website may use third-party advertising and marketing technologies.

  • Promote our services on other platforms and websites
  • Measure the effectiveness of our campaigns

How to avoid unreliable or even fraudulent market players

  1. Traders should always be cautious - not only when placing their trade orders but also at the stage when everything begins, i.e. when selecting their brokers. Have a look at our six tips on what to avoid right from the start: Business terms: always make sure that the broker you have chosen discloses all documentation on their website, including detailed business terms.  

  2. Professional qualification: While your broker’s professional skills are often hard to estimate in advance, the quality and presence of posts, reports and analyses on their website may suggest a lot. Their willingness to communicate with you will also give you a hint. We recommend that you always check (in person or by phone) that real people and no trading robots are communicating with you.

  3. Licences and regulations: One of the most important steps before signing a contract with your broker is checking their licence. Your brokers should provide their address, licence number and information on the body they report to. The regulatory body’s competence determines the offer of trading instruments to be used. Some markets have their internal rules to restrict leverage and available financial instruments.

  4. Suspicious indications: when trading with high-risk instruments, such as CFDs, we recommend starting with lower amounts. You can also verify reliability of your broker by withdrawing your funds.

  5. Fraudulent collection regime: some traders based their business on coaxing information out of loss-making traders. They pledge to help them get their lost funds back. This fraudulent behaviour mostly starts with a ‘consultation for free’. Be prudent and under no circumstances provide those people with your personal data and by no means with information about your credit card.

  6. Review sites: the only purpose of a number of so-called independent review websites is to pass clients to brokers who secretly finance the sites. You can recognise them by both eye-catching advertisements playing into the brokers’ hands and their black-and-white view of the broker market.