Binary Capital Markets Broker Review

Binary Capital Markets
Min. Deposit: $250
Min. Investment: $10
Signals: No
Rating: Rated with 5 stars
Regulated Broker: Not available
USA: Not available
  1. Binary Capital Markets

    Present on the market since 2016, 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.