Binary Capital Markets Broker Review

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Binary Capital Markets Broker Review 2020

Binary Capital Markets is an advanced broker regulated by CySEC. It is one of the most advantageous brokers in the binary options industry and this review is designed to give traders all the relevant and important information, including aspects of trading binary options with the Binary Capital Markets. According to the company, this broker is renowned for offering safe trading and banking services as well as world-class customer support that will leave every trader with a smile on their face. Read more about Binary Capital Market below.

Do you have doubts that Binary Capital Markets could be a scam? Read our detailed article and find out if this is a legit binary options broker.

Account Features at Binary Capital Markets

Due to CySEC’s decision, Binary Capital Markets no longer provides binary options bonuses!

It the desire of every trader to have an innovative and intuitive binary options accounts where they are able to find all the features they need to place trades. At Binary Capital Markets, there exist different sets of binary options trading accounts, each with their unique features and trading services. The design of the accounts has ensured that no trader is left behind, irrespective of their trading experience or skills. Traders have the option of opening one out of the four account types available:

Binary Capital Markets Silver Account – Silver account is one of the accounts available for users at Binary Capital Markets authority. It doesn’t come packed with all the advanced features, but it has what is needed to make a decent experience, even by new traders. Some of its outstanding features include but are not limited to the following:

Binary Capital Markets Silver Account requires a minimum deposit of $250 but it allows 25% welcome bonus. Traders will receive daily market reviews, free eBook and opportunity for a demo account. Withdrawal takes 3 days.

Binary Capital Markets Gold Account – the Gold account is the popular of all the four accounts, as it has advanced features needed for experienced traders to make profitable trades. Some of the features of the Gold account include event trading, one-on-one educational resources and up to $2,500 in BCM Awards. Traders that decide to trade with Gold account will deposit $5,000 and will receive a 50% welcome bonus.

Binary Capital Markets Platinum Account –starts with a minimum deposit of $25,000 and account holders get up to 100% welcome bonus. The following are some of the highlights of the platinum account: withdrawals are done within 3 hours, BCM rewards are up to $25,000, access to free webinars

Binary Capital Markets VIP Account –This is the most expensive account at Binary Capital Markets and it is for the big investors with enviable financial muscles as well as higher risk appetites. VIP account requires a minimum deposit of $250,000. The features of the VIP account include executive account privileges, event trading and trading signals and access to money management services. VIP account welcomes clients with up to 150% welcome bonus and up to $50,000 in BCM Rewards Access.

During our Binary Capital Markets review, we noted that the bonus terms for Binary Capital Markets were very clear and could be accessed right from the website. It is not always that you will find a broker giving out clear and accessible bonus terms as this one.

They give clear explanations regarding the nature of the bonuses, the required turnover to get the bonuses and how they are added to the trader’s account. Additionally, Binary Capital Markets mentions that it is a must for all traders to provide authorization each time a bonus is added. This is a very good practice and one which is in compliance with CySEC terms and conditions.

Binary Capital Markets Trading Software

Binary Capital Markets operates on the amazing SpotOption trading platform considered as one of the best and the most reliable trading platforms in the industry. The platform is intuitive and very user-friendly, and no trader should ever feel anxious or intimidated by using it. It also comes with all the features expected from a decent trading platform with High/Low, Long Term, 60 Seconds and One Touch being the binary options types available.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker!
    Perfect Choice For Beginners and Middle-Level Traders!
    Free Demo Account! Free Education!

  • Binomo
    Binomo

    Honest broker!

Traders using Binary Capital Markets also have the versatility to trade options together with commodities, stocks, indices and currencies. Again, it comes with a special tab which allows traders to follow trading histories, as well as tabs for event trading and special offers.

For the traders who already live fulfilled lives and those who love trading on the go, you will be pleased to know that Binary Capital Markets has a mobile app for the mobile devices and tablets. With the app, traders can have access to their trade at any place and at any time.

This regulated broker, due to CySEC’s decision, no longer provides binary options bonuses!

Binary Capital Markets Support Information

Our Binary Capital Markets review will never be complete without customer support information since it is a very vital component for the success and convenience of traders. During our review, we discovered that Binary Capital Markets has a helpful customer support which can be accessed via different methods. To reach the customer support, traders have the option of calling a telephone number, sending emails or using the live chat for prompt responses.

Binary Capital Markets also has different emails, each corresponding to the relevant department. For example, there are emails for complaints, compliance, deposits & withdrawals and general inquiries. This implies that your inquiry will reach the right department and you will get the right response as fast as possible.

The Binary Capital Markets website is, however, available only in English, but since it is a relatively new entrant into the industry, we can hope that other languages will be added in the near future.

It is also worth mentioning that this broker has a lot of educational materials, but these are available only to traders who make a deposit. It also has an exhaustive FAQ section where the others can find responses to the potential inquiries they may have before making an attempt to reach the customer care.

Tip: Trade with reputable and regulated brokers on FX-Advisor.

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Binary Capital Markets Broker Review

Present on the market since 2020, Binary Capital Markets is a relatively new but regulated broker which is owned by G.S.E Golden Sky Europe Limited.

They provide plenty of interesting trading opportunities which we shall present in our Binary Capital Markets broker review which will highlight the main aspects of this binary options broker.

Binary Capital Markets General Info

The first aspect we inspected in our Binary Capital Markets broker review is the general info concerning their deposit policy. We found that they require the minimum deposit of $250 while the maximum deposit amount is set at $10,000.

Global traders have the options of depositing their funds in USD, EUR and GBP, however, should traders want to deposit in another currency they are advised to contact BCM customer support service to discuss options.

On their trading platform, they claim traders may receive up to 90% payout.

This broker does not accept USA traders.

Binary Capital Markets Trading Platform and Features

Utilising the new version of SpotOption trading software, Binary Capital Markets broker made certain their registered traders trade binary options on a fast, modern trading platform. It is not surprising to see that they selected to use the SpotOption software, which is in general a popular choice among binary brokers due to the fact it is very customizable.

The platform is, at the same time simple and easy to use. In case global traders do run into problems customer support service is on hand to help.

Further in our Binary Capital Markets broker review we also noticed they offer several trading options which are:

  • Call/Put Options
  • 60 Seconds
  • One Touch
  • Long Term

A variety of expiry times are also available and range from mere 60 seconds to those like 5 minutes, 15 minutes, 30 minutes, 1 hour, 4 hours to End of Day, End of Week and End of Month.

Unsurprisingly, this innovative and modern broker also provides additional trading features to their registered traders around the world and the one, which is very popular among traders is the demo account.

The demo account is the virtual account with virtual funds which provides traders with the opportunity to practice their skill before they actually start trading on the live accounts.

As traders use virtual money, there is no fear of losing funds hence they attention is directed solely on acquiring trading skill and confidence.

The BCM demo account is available to all registered traders and is free of charge. To get more information, traders should contact their customer support.

Also, traders should keep in mind that their lack of experience is trading is not just dealt with the possibility to practice on the demo account but they also get a BCM Account Executive to guide and aid all newcomers with their trades.

Another benefit of registering with Binary Capital Markets is their mobile trading app.

Like the demo account, traders around the world love this trading tool as it enables them to carry out trading despite their current location. This is very handy, especially for those with busy lifestyles as trading can be easily incorporated into their daily routine.

Additionally, in chatting to their customer support service we were able to find out that the mobile app is suitable to be used on the Android mobile device. The mobile app provides the same trading options as their standard trading platform which means there are no shortcomings from using it.

There are three main tabs on their platform – Trade, Legal and Contact and in the first one traders can also find their FAQ section which provides answers to all the basic info concerning this broker.

As far as we can see, their platform is only available in English.

Binary Capital Markets Trading Accounts

Next, in our Binary Capital Markets broker review we also checked their trading account types.

We found that, aside from the already mentioned demo account, they offer four more account types – Silver, Gold (the most popular one), Platinum and VIP.

Binary Capital Markets Silver Trading Account

  • Minimum deposit from $250-$5,000
  • Customer support 24/7
  • Binary options e-Book
  • Demo account
  • Market reviews on daily basis
  • Withdrawal approvals within 3 business days

Binary Capital Markets Gold Trading Account

  • Minimum deposit $5,000-$25,000
  • Event trading available
  • BCM rewards – up to $2,500
  • Binary options e-Book
  • Demo account
  • Educational course 1-on-1
  • Withdrawal approvals within 3 business days
  • 24/7 customer support
  • Daily market reviews

Binary Capital Markets Platinum Trading Account

  • minimum deposit $25,000-$250,000
  • 24/7 customer support
  • Event trading available
  • BCM rewards – up to $25,000
  • Binary options e-Book
  • Demo account
  • Market reviews daily
  • Educational Course 1-on-1
  • Monthly Webinars – free

Binary Capital Markets VIP Trading Account

  • Minimum deposit $250,000+
  • Customer support service 24/7
  • 24/7 dedicated account executive
  • NFP trading signals – free
  • Money management services
  • E-Book on binary options
  • Demo account
  • Market reviews – daily
  • 1-on-1 educational course
  • Monthly webinars – free
  • VIP mentorship programs
  • Up to $50,000 of BCM rewards
  • Withdrawal approvals within 3 business hours
  • 24/7 customer support

Binary Capital Markets Customer Support

For our Binary Capital Markets broker review, we also looked into and tested the customer support service this broker provides for their traders.

We have found that their response time is quick and customer support agents are professional and polite. Most of the basic questions will be answered, especially those concerning technical issues traders might experience during their trading process.

For more complicated matters, an agent will advise traders to contact account executives which will provide a more expert guidance and help.

BCM customer support service is available via live chat (red icon on the right side on their platform) and email at [email protected] as well as via telephone. A truly extensive list of 14 phone numbers is provided in their Contact section for various countries.

Binary Capital Markets Banking

Considering Binary Capital Markets is a regulated brokerage, it is not surprising they take security measures seriously and have SSL security on their trading platform to protect all data.

In our Binary Capital Markets broker review, we also determined they have teamed up with major financial institutions such as Barclays and Deutsche Bank and global traders may also use e-wallet such as Skrill. To get precise info on which credit/debit cards may be used traders should contact their customer support services.

To make withdrawals traders will have to submit documents such as:

  • Copy of the photo ID or passport as a proof of identity
  • Copy of the utility bill or bank statement as a proof of residence

Withdrawal time varies, depending on the method selected but it can take from 3 – 7 business days, while the processing of the withdrawal request is dependent on the type of trading account and can take from 3 days to only 3 hours.

Minimum withdrawal is set $100 and it would appear there is no fee charged for the withdrawal.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker!
    Perfect Choice For Beginners and Middle-Level Traders!
    Free Demo Account! Free Education!

  • Binomo
    Binomo

    Honest broker!

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