Binary Capital Markets Broker Review

Binary Capital Markets Broker Review

 

Introduction

Although relative newcomers to the field, Binary Capital Markets has taken the industry by storm. They conduct themselves like seasoned veterans. Established last year and based in Cyprus, the site is regulated by several international bodies, so traders can feel comfortable and confident with every transaction. The social trading feature and trading signals provided are excellent “extras“. BinaryCM processes approximately around 900,000 orders per month. Their highly-innovative and customisable online and mobile trading platform provides the one-touch personalisation that traders are looking for in order to succeed and stay up-to-date with the latest market conditions. To cut a long story short, this broker goes above and beyond the call of duty, to ensure that its clients maximize their chances of success. What makes this broker stand out from the rest? BinaryCM offers some of the most attractive returns in the market, along with various options and tools that can be used by both novice and veteran traders. It’s easy to conduct banking transactions with Binary Capital Markets. Getting money into your account is easy, and getting it back is also easy, so traders can feel comfortable and confident with every transaction – They follow efficient and safe banking procedures. Additionally, ongoing trading events and special promotions are showcased on their website. Finally, dedicated mobile apps allow you to keep on trading on the go, enabling you to act quickly and increasing the chances of never missing out on a good deal. In conclusion, this platform can be recommended to literally anyone. They guarantee the ultimate trading experience.

General Information

Established in 2016, Binary CM has grown in leaps and bounds. The broker is regulated by the Cyprus Securities and Exchange Commission (CySEC), the official financial regulatory body. It should be noted that as a member of the European Union, Cyprus complies with European MiFID harmonization laws, which ensures all that clients’ funds are secured through the deposit protection mechanism. This broker hasn’t stopped at picking up just a CySEC license either. They have also registered with a number of other national regulatory agencies, and they have secured a license in Belize too. Their CySEC license covers their EU-based operations, while the Belize license is aimed at reassuring customers from other parts of the world. The operation is further registered with Italy’s CONSOB, with Germany’s BaFin and the AFM of Netherlands. Britain’s FCA is also on this list. Clients funds are also maintained in segregated accounts, separate from the broker’s own funds. Binary CM’s regulated environment and client-centric approach guarantees its customers with the most outstanding trading experience.

Terms of Trading

To start trading with Binary CM you need a minimum deposit of 250$£€ and you can choose to fund your account with a number of local and international payment options.

Registration

Signing up for an account with Binary CM is very simple and only takes a few minutes. All one needs to do after signing up, is to provide some personal details by completing a form, after which a password needs to be set and the desired currency needs to be selected. It should however be noted that it is vital to provide truthful and accurate information throughout the process. Before one can make a deposit, he/she will be required to undergo some KYC procedures, which means having to complete a Financial Suitability Questionnaire, as well as providing proof of identification, proof of residence, and proof of payment. The reason that these documents are required is to protect the trader from any fraudulent activity on their account as well as against identity theft, and to prevent money laundering. Only once the client’s account has been verified in this way, will one be able to make an actual deposit. After submitting these documents and having them approved by the BinaryCM compliance team, your account will become eligible for withdrawing funds. This is a general and standard procedure for all clients in order to build and maintain the clients economic profile as well as the continuous monitoring of the business relationship, in order to be as direct and professional as possible.

 

 

Trading Platform

When an experienced trader reviews BinaryCM, they will instantly notice the familiar and user-friendly SpotOption trading software that they offer. Their platform operates flawlessly and BinaryCM traders are able to enjoy a smooth user experience on an exceptionally responsive and user-friendly platform. Traders can select from a wide variety of binary options types including: 5 minute options, ladder options, high low, pairs trading, and long term binary options. The platform is accessible online and can be downloaded as a desktop application or a mobile app. Their user-friendly interface allows new traders to quickly get into the swing of things and start placing their first trades in a matter of minutes. In addition to the ease of use and efficiency of the trading platform, traders are also given access to a number of unique features that can only be found on SpotOption-powered trading platforms. Trades are placed instantaneously and are executed timeously. Binary CM has invested considerable time and effort into executing constant improvements to their platform. They regularly offer new features that cater to both novice and veteran traders. Options can be purchased for durations that vary from as little as 60 seconds to up to 3 months. Returns can range anywhere from 75% to 85%, which is above the market average; while some options like One Touch can have even more lucrative return rates of up to 250%! BinaryCM has obviously invested a lot of time and effort in the platform’s design and functionality. Here is an ingeniously designed trading interface that’s fast, slick, responsive and easy to understand.

Trading assets

Clients can trade with a rather impressive array of more than 70 different assets divided into indices, currencies, commodities and stocks. The design is slick and intuitive, meaning that even completely new traders will have no problem finding their way around here. As for the trading modes, the platform provides an impressive array, including the classic Call/Put, Long Term, One Touch and 60 Seconds. This means that every trader will be able to choose a trading mode that suits their needs best. The broker features the most widely traded currency pairs as well as more exotic ones. Additionally, BinaryCM enables you to load as many assets as possible at the same time for more efficient trading, with the use of different indicators on the charts to make better informed decisions!  The platform also has the SpotFollow feature, where traders can replicate the trades of the site’s most successful traders.

 


Support

Armed with 24/7 customer support, an internal ticketing system, their elite Customer Service Representatives have developed a dynamic, yet straightforward service, that meets the strictest standards of regulation in response to the growing and ever-changing demands in the market today. With their leading financial expertise and dedication to customers, their full-service brokerage platform caters to diverse financial needs on a global scale. Their customer support team prides itself on its ethical practices, promoting all efforts to provide sustainable trading, trouble-free services, and financial transparency and accountability. Support is provided in over 16 languages, via telephone, LiveChat or e-mail, with offices all over Europe. We’re happy to say that BinaryCM has once again proven its reliability. All our enquiries were answered almost instantly, demonstrating a clear and professional approach to its clients. From our own experience, if you happen to encounter any kind of issue while trading with BinaryCM, this impeccable support team will resolve it for you in no time. It is a refreshing change from what one is used to.

Education

Undoubtedly, education plays a vital role in client’s success. Users are provided with ample educational resources. BinaryCM have produced an extensive and excellent video library of training videos, so that traders can “learn while they earn.” BinaryCM gives their traders a lot of different tools to choose from, including market analysis, trading psychology, options strategies, technical indicators, trading central, Signals, Binary Ebook, Economic calendar and Market news and headlines. Once you gain experience and refine your trading, variety may not seem like an important factor, but you also want to have more than enough room to grow as a trader. BinaryCM gives you room to grow and enhance your skills in a variety of directions. That’s why variety is so important in a broker, and why we recommend Binary Capital Markets. You may not use most of the choices available to you, but you may want to use them in the future. BinaryCM clients can benefit from an array of free online courses, daily technical and fundamental market analysis by expert account executives, as well as detailed overviews of upcoming news and key market events. Their insightful platform walkthroughs and trading sessions are hosted by seasoned traders.

Withdrawal/Deposit
You can make deposits with a credit card (Visa and MasterCard), e-wallets, or through wire transfers from your bank. The minimum deposit amount is 250$£€ and the minimum amount you can invest in a single option is $10. Once you select a currency to make financial transactions, all of your transactions will be conducted with that same currency. Binary CM offers a wide variety of deposit and withdrawal methods. Funding your account with <BinaryCM is a simple procedure and will not take more than a few minutes. Once your account is funded, you will be able to start trading immediately. After your withdrawal request has been granted, please allow up to five business days for your funds to be received. It is important to note that depending on your payment method, some withdrawals may take quicker than others. A withdrawal will be returned to the original source you used to deposit from. Online withdrawals are fast and secure.

Summary/Conclusion

This broker is nothing short of remarkable. Therefore, we can unreservedly recommend this broker to everyone. Go on, open a free trading account with BCM and experience something new in the binary options industry. To make a long story short, Binary Capital Markets have realized that the road to binary options success leads through the personal success of their own traders. This broker is light years ahead of most of its peers. They are reputable. It should be noted that Binary Options trading is not without risk. You even have the potential to lose all of your money. However, having the right broker on your side can make a huge difference in how successful you are. Therefore, we can honestly recommend this broker to everyone. We trust that this broker review will help you to make a better and more informed decision when it comes to who you will entrust with your hard earned money. With up to 85% average return rates, Binary CM is undoubtedly one of the most preferred brokers when it comes to secure trading. If you are looking for the ultimate trading experience, you do not need to look any further than BinaryCM!



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