Binary Capital Markets is a top binary options broker that was launched on October 2016. Is Binary Capital Markets a scam broker? Potential investors may want to know.That was why we did this review. This broker is owned by G.S.E Golden Sky Europe Limited, and they have registered offices at Lophitis International Center, Corner of Soteri Michaelidi and 28th October Street, Limassol, Cyprus.
BINARY CAPITAL MARKETS TRADING PLATFORM:
Binary Capital Markets login uses the sophisticated SpotOption platform which is user-friendly and easy to navigate. Traders don’t need to download any software as trading is web based and can easily be accessed through a PC or a smartphone however they have their applications for mobile devices if you wish to use an app. Their platform offers over 60 assets and payouts up to 90%. Demo account is available on sign up.
The minimum deposit with this broker is $250 and the minimum trade is $10. This broker offers the following binary options trade types:
⦁ One Touch: This is a situation where the traders purchase or sell an asset when the markets are closed and bet on whether the asset’s price would reach a predetermined price at any time during the trading period.
⦁ High/Low: Like all reputable binary options trading providers,they offer this traditional trade type where a trader purchases a call option to take advantage of increase in the current strike price or purchases a put option if he feels the future price would be less than current strike price.
⦁ 60 seconds: This is a short term trading option with an expiry time of 1 minute.
⦁ Long term: Traders who prefer longer time frames are not left out.
This broker offers educational resources through webinars, ebooks, trade reviews, articles and more. With this you could get a better understanding of the trading markets and also how to trade. This feature is only accessible to registered account, you don’t need to deposit to access them.
Binary Capital Markets is one of the best binary options broker.They have multiple licenses, this makes them stand out from other brokers. It is regulated by CySEC, CONSOB, BaFin, AFM, FCA. they are E.U regulated. One great thing about these regulations is that it makes it safe to trade with this broker because if you have any problem you can report to the regulatory bodies and the broker would be sanctioned.
BINARY CAPITAL MARKETS DEPOSIT AND WITHDRAWAL METHODS:
The following methods are accepted: Bank wire transfer, Mastercard, Visa, SOFORT, paysafecard
For non-EU residents:
Binary Capital Markets contact is robust, and they have a good customer care service where traders could reach out to them through 24/7 live chat, emails and local toll-free numbers. You could reach them through
Phone: +357 2503 0529
Verdict: Binary Capital Markets is not a scam broker, they are reputable.
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