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Binary Capital Markets is an innovative broker that is also regulated by CySEC. It is considered to be among the most popular binary brokers in the industry, and BinaryCapitalMarkets review will give traders more information about all aspects of the binary trading process with this company. BinaryCapitalMarkets is a superb broker that offers efficient banking, trading and excellent customer support that will satisfy all traders, no matter their level of experience. Find out more in the BinaryCapitalMarkets review below.
Account Features
This regulated broker, due to CySEC’s decision, no longer provides binary options bonuses!
BinaryCapitalMarkets developed a whole set of different binary options trading accounts equipped with different features and benefits. This means that no trader is left behind whether beginner or expert. Traders can open one out of four offered account types.
Silver Account
- Minimum deposit: $250
- Withdrawal within 3 days
- eBook
- Demo account
- Daily Market Reviews
Gold Account
- Most popular account
- Minimum deposit: $5,000
- Event trading
- Up to $2,500 in BCM awards
- 1-on-1 educational course
- Benefits of Silver account
Platinum Account
- Minimum deposit: $25,000
- Withdrawal within 3 hours
- Up to $25,000 in BCM rewards
- Free webinars
- Benefits of Gold account
VIP Account
- Minimum deposit: $250,000
- Account executive
- Event trading
- Trading signals
- Money management services
- Up to $50,000 in BCM rewards
- VIP mentorship
- Benefits of cheaper accounts
BinaryCapitalMarkets is not a scam.
Trading Software & Assets
Binary Capital Markets review showed that this broker has amazing SpotOption platform that is considered to be among the most reliable platforms in the industry. BCM platform is very user-friendly, and no trader should feel anxiety, as everything is pretty straightforward. Binary options types offered on BinaryCapitalMarkets platform are high/low, long term, 60 seconds and one touch.
Traders can trade binary options with indices (9), stocks (9), commodities (7) and currencies (9 pairs).
There is also a special tab for following trading history, as well as tabs for special offers and event trading.
As many traders live fulfilled lives and are often on the go, BinaryCapitalMarkets also developed special platforms for mobile and tablet trading. Thanks to it, they can always access their trading accounts and easily place trades wherever they are.
Support Information
Customer support is a very important part when it comes to reviewing brokers. BinaryCapitalMarkets review showed how this broker has a very reliable customer support that can be reached in various ways. For example, traders can easily use the phone, live chat, or one of the listed emails. There are different emails for customer support, compliance, and complaints which guarantee that traders will be immediately in touch with the right department.
The BinaryCapitalMarkets website and trading platform are available only in English, but as this is a relatively new broker, we can hope that more languages will be added in the future.
Binary Capital Markets review showed how educational materials are accessible only for traders who make a deposit. All other traders can use excellent FAQ section to find out more about the broker or simply ask customer support for additional explanations before making the final decision about the broker.
Banking & Company Information
Banking is an essential part of binary options trading as traders can make money only if they make a deposit.
Minimum deposit with BinaryCapitalMarkets is $259, and minimum withdrawals start at $100, that is a very user-friendly amount.
When traders are registering with BinaryCapitalMarkets, they have to select among three currencies USD, EUR, and GBP. The currency they select will be used for trading, depositing and withdrawing and cannot be changed in order to avoid speculations.
BinaryCapitalMarkets claims to offer several banking methods like e-wallets, credit cards, and bank transfer. However, our team was offered only credit cards. Maybe other methods will be available in the future as this is a relatively new broker.
In order to receive their profit, traders first have to send a request which is processed within 3 working hours and 3 days. The time necessary varies, depending on the trading account the trader selected. Also, withdrawals are much faster when traders deliver all necessary documents on time. This step is needed to avoid frauds from taking your money. Traders have to deliver proof of identity and proof of residence according to the instructions on the website that can be found in Compliance policy.
BinaryCapitalMarkets review found no evidence that this broker is charging fees, but there is a provision for a dormant account in the amount of $5 per month. Also, they are reminding traders that it may take up to 7 days for funds to be visible on the banking account, depending on the method chosen.
BinaryCapitalMarkets is in the ownership of G.S.E Golden Sky Europe Ltd. This is a CySEC regulated broker with license number 293/16.