Binary Capital Markets Broker Review

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Options Broker 2020!
    Great Choice For Beginners!
    Free Trading Education!
    Free Demo Account 1000$!
    Get Your Sign-Up Bonus Now!

  • BINOMO
    BINOMO

    Only For Experienced Traders!

Is Binary Capital Markets BCM a Scam?

Is Binary Capital Markets BCM a Scam?

A fairly recent addition to the market, Binary Capital Markets, also known as BCM, is a broker that guarantees a tremendous trading experience. Operating from Cyprus, it features great platform design, various banking methods and versatile account packages. Although the offer sounds tempting, the question remains whether this broker is actually safe to trade with. Having second thoughts about trading with BCM? That’s all right; it’s perfectly natural to be careful when dealing with a new broker. However, our experts have conducted a series of advanced security tests and came to a surprising conclusion. If you want to learn more, just keep reading this “Is Binary Capital Markets BCM a Scam?” article and all your questions will be answered!

Is Binary Capital Markets BCM a Scam? | Regulation

If we really want to know is Binary Capital Markets BCM a scam broker or not, we should try to find out if this company is regulated in any way. Fortunately, given the fact that the company headquarters are situated in Cyprus, it abides to regulations defined by CySEC. Also known as the Cyprus Securities and Exchange Commission, this regulatory body provides procedures and rulebooks to which all brokerage companies operating from Cyprus must comply. This guarantees that trading options will always be up to date, with reasonable return rates for chosen investments. Furthermore, it also regulates the broker’s banking policy, meaning that your funds will be perfectly safe when transferred to your Binary Capital Markets BCM Account. More importantly, it ensures that all your earnings will be sent back to your bank account in a fixed time span. Therefore, we really haven’t found any issues regarding this topic, as it is quite clear that this broker is completely legit in this respect. But is Binary Capital Markets BCM a scam when it comes to some other features? Keep on reading and find out the truth!

Binary Capital Markets BCM Legal Information

Is Binary Capital Markets BCM a Scam? | Trading Interface

Since we have already covered the regulation aspect, the following part of this “Is Binary Capital Markets BCM a Scam?” analysis will cover the security of the broker’s trading platform. Here we must state that BCM has obviously invested quite a lot of time and effort in the platform’s design and functionality. What we have here is an ingeniously designed trading interface that’s fast, slick, responsive and easy to understand. Clients can trade with more than 70 assets, and payouts can reach up to 90%, which is great. Doesn’t this sound too good to be true? Is there a catch? Fortunately, we can put your mind at ease, as this platform is nothing if not completely safe. We have executed many trades with various assets and in all trading modes, and we haven’t encountered any sign of fraud whatsoever. Moreover, Binary Capital Markets BCM Demo Account is provided to you the moment you register with this broker. Scammers would never let you try their platform without investing, as their basic modus operandi is to trick you in depositing, then deactivating your account and stealing your money. We give you our word that this will never happen with BinaryCM, so you can trade here without having second thoughts. But what about deposits and withdrawals? Is Binary Capital Markets BCM a scam in terms of banking? Read on and see for yourself!

Binary Capital Markets BCM Compliance

Is Binary Capital Markets BCM a Scam? | Support

Scammers will leave you helpless if (when) you encounter any problems during your trading sessions with them. Therefore, we wanted to check is Binary Capital Markets BCM a scam when it comes to customer support. We’re happy to say that BinaryCM has once again proven its reliability. Their support team can be contacted via phone, e-mail or by using the embedded chat application. All our queries were answered almost instantly, demonstrating clear and professional approach to clients. From our own experience, if you happen to encounter any kind of issue while trading with BCM, this exquisite support team will fix it for you in no time. Also, if you need any more information about this broker, feel free to consult our Binary Capital Markets BCM Review 2020. Now that the situation is pretty clear, it’s time to wrap things up here.

Binary Capital Markets BCM Contact

Is Binary Capital Markets BCM a Scam? | Conclusion

For all those wondering is Binary Capital Markets BCM a scam broker, we have only one answer – not at all. This company has proven its legitimacy and security on multiple occasions, and everything from trading platform all the way to customer support checks out. Therefore, we can honestly recommend you to start trading with this promising broker. Go on, open a free trading account right now and team up with a great and reliable partner!

List of the 11 Best Binary Options Brokers – Review 2020

The choice of a good Broker is undeniably one of the hardest steps to successfully trade as a beginner. My Binary Options Broker list and comparison can be very helpful here because the selection of brokers on the internet is quite large and therefore the chance to find a good broker. Find your suitable broker in a few moments in this honest review.

Best Platform
Highest Yield 100%+
Best Support

Broker: Review: Regulation: Min. Deposit: Yield: Advantages: Open Account:
1. IQ Option (5 / 5)
Read Review
CySEC (EU) 10$ up to 100%+
2. Olymp Trade (4.8 / 5)
Read Review IFC 10$ 92%+

Huge range of assets
High Yield 92%
Bonus Program 3. Expert Option (4.8 / 5)
Read Review VFSC, FMRRC 50$ 90%+

Good Platform
Account Types
Good Education 4. Binary.com (4.8 / 5)
Read Review MGA, FSC, VFSC 5$ up to 100%+

Highest yield
Clear platforms
Automatic trading 5. Binomo (4.7 / 5)
Read Review IFC 10$ 87%+

Clear Platform
High Yield 87%
VIP Program 6. Finmax (4.6 / 5)
Read Review FMRRC 250$ 70 – 90%

Account Types
Bonus Program
Webinars, Coachings 7. BinaryCent (4.3 / 5)
Read Review ✘ 250$ 80 – 95%+

Support 24/7
High Yield 95%
Trade with cents 8. Binarium (4.1 / 5)
Read Review ✘ 10$ 70 – 85%+

Clear Platform
Fast execution
Huge range of assets 9. Pocket Option (4 / 5)
Read Review FMRRC 50$ 80 – 90%+

Innovative Platform
Awards
Bonus Program 10. RaceOption (4 / 5)
Read Review ✘ 250$ 70 – 90%

Support 24/7
FX/CFD/Binary
Bonus Program 11. Ayrex (4 / 5)
Read Review ✘ 5$ 70 – 85%

Good Platform
Contests
Bonus Program

Binary Options is a financial instrument to trade worldwide assets with the possibility of a high return on investment. It is like betting on rising or falling markets. There are only 2 options, that is why it is called “binary”. You can win a high return of 75 – 95% in a selected time horizon or you lose the amount of your investment. It is so popular because it is a way to trade the markets very fast (5 minutes or less) and easy. I have to mention here you can trade it longterm too.

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Options Broker 2020!
    Great Choice For Beginners!
    Free Trading Education!
    Free Demo Account 1000$!
    Get Your Sign-Up Bonus Now!

  • BINOMO
    BINOMO

    Only For Experienced Traders!

For more information about the financial product and how it works read the article: “How are Binary Options are working?”

The criteria of the Binary Option Broker Review 2020

If you looking for a good broker, you should following the next steps when you check the company. Sometimes traders get scammed by a bad and criminal broker. With this review and comparison, we try to prevent it. Furthermore, Binary Options are very risky. You only should invest money, which you can afford to lose. You can check the following criteria for finding the best company.

Criteria for a good and reliable Binary Options Broker:

  • The official physical address of the broker
  • Regulation or license
  • Free Demo Account
  • Experience in the markets
  • Good support and service
  • High asset profit and fast execution
  • User-friendly trading platform
  • A platform for mobile trading

Reliability of a broker and safety for traders

It is important to look at how long the broker has been on the market. I easy checked it on the homepage from the financial companies. A good broker provides you with all the information which you want to know. Some companies got an international regulation or license. Also, this is good for reliability. In addition to that, I checked the address of the brokers in this review. As a trader, you want to see clearly an official address of the company. At latest a trader should trust a broker. If you are not sure, just invest a less amount of money first and check the platform by yourself.

Official regulation and license are very important

High payout and asset return of investment for Binary Options

One of the most important point to consider is the asset profit. The average of the payout in this review is 75-95% for each Binary Options trade. There are differences between the brokers. Every trader wants to make a high profit in trading. If one broker got less asset profit like – 5%, this can be a huge restriction to you possible profits.

Moreover, every time the payout depends on the traded asset. Normally the broker provides the highest payout on the most traded asset. In addition, the payout can dependent on the expiration time too.

Which broker provides the highest profit?

Free and unlimited Demo Accounts are necessary for every trader

The broker should provide you with a free demo account. This is an account with virtual money. It is made to practice the financial product and to test the trading platform. You can trade Binary Options without any risk with this virtual money. It is completely free to use. Also, traders can develop new strategies or improve their trading skills. Advanced traders or beginners try to trade new assets for the best success with this account.

Open your free demo account now.

On the other hand, sometimes the broker gives its traders trading tips for analysis or strategies. The demo account is perfect for practicing that new knowledge. Trading is very complex and often it is not easy to find the right way. This is the main reason for using a demo account. Most traders gain experience first before they invest real money. With own experience, it is possible to get a high profit with trading in the right direction.

How to open your real account

The opening of a real account should be as easy as the opening of a demo account. In most cases, it is very easy and fast. The broker requires some additional documents and data of the trader to proof their personality. Upload a picture/copy of your passport. Sometimes they require a utility bill. The broker will check the documents and verify your account in less than 24 hours. Important information: The broker only withdraws full verified accounts. (Not every broker requires this documents)

What do you need:

  • Data: Full name, address, birthday, phone number
  • Picture/copy of your passport
  • Sometimes picture/copy of a utility bill

Review of the Binary Options Brokers support and Service for traders

As a trader, you need good support and service. Most brokers are showing experience and knowledge in Binary Options. The Binary Options Brokers in this review give you the best and fastest support. According to that, they give traders sometimes a good education with webinars, videos or strategies. For beginners, it is important to learn theoretically about Binary Options. It is a risky financial product.

You can learn the basics and advanced trading knowledge in webinars with experts. The most brokers first show you the basics like functions of candlesticks and the use of technical indicators. Usually, a trading platform offers more than 30 different indicators. Sometimes it is hard to find a good working strategy with them. In addition, they give you some advanced knowledge and information to rule the markets. Most brokers offer you a better education if your deposit is higher (see account types).

Another option of service is account types. For big traders with high deposits and high trading volume, some brokers offer different account types. As a trader, you can get great advantages. They offer you higher yields, better support, bonus or a cashback program. This is a way to get more profit in trading. For example, the broker offers you a higher asset profit of 5%. That can be very helpful.

The companies in this review offer you:

  • Chat support
  • Telephone support
  • Email support
  • Education centers
  • Webinars, videos, strategies
  • Account types
  • Account managers

Diversity of assets and test of the Binary Options trading platform

I tested the trading platforms of the Binary Options Broker Review. In conclusion, they are very good and innovative. They give you a very good reaction rate which is important for short-term trading. You can use them for your computer or as an app for your mobile phone. In addition to that, they are very flexible and customizable. Use different indicators for the best strategies. As you see in the picture below I am using Bollinger Bands and the RSI. They are very popular.

First of all the trading dashboard is the most important point of the trading platform. You should be able to switch very fast between different expiry times and create new trades. Some strategies are designed to have multiple trades open at the same time. The brokers in my review provide you the fastest execution time. Secondly social trading very popular. In some trading platforms, you can copy the best traders of the broker and make an automatic profit. They show you transparently what they are trading and you can start copying them.

Another important point is the flexibility of the platform. An app should be available for mobile trading. On most platforms, you can customize the chart very easy. Thanks to the digitization, platforms are getting better and the brokers always try to improve them. Use free indicators and technical tools for your analysis. Moreover, you can use the newsfeed to trade exactly high volatility. Market news occurs every day – Why not use them to make money?

Facts of the Broker Review:

  • Fast execution for your trades
  • Customizable
  • Use indicators and more
  • Apps for mobile phone
  • More than 50 different assets

On the most trading platforms, you can trade Binary Options with forex, stocks, cryptos, and commodities. There is a big diversity of assets for you. The yields depend on the category of the asset. More often than not the most traded asset gives you the highest yield. You can easily see that on the platform.

Weekend Trading (OTC) and Cryptocurrencies (Bitcoin and more)

Each broker in this list provides the service to trade on the weekend. The platforms are open 24/7. Weekend trading is allowed and advocated. On the weekend you can trade Cryptocurrencies like Bitcoin, Ethereum, Ripple and Forex OTC charts. Cryptocurrencies are traded decentralized and the stock market is open 24/7 for them.

Especially attention should be paid to the OTC Forex charts. Normally the stock exchanges are closed on the weekend but the international internal bank market is working. The volatility is much less than in the normal working days Monday – Friday.

The first steps for your Binary Options success:

  1. Learn the Binary Options basics. Information for trading Binary is available at the broker platform or the internet. For questions, there are certain forums available.
  2. Develop a successful strategy. Most brokers will help you to find a way to trade successfully.
  3. Use the Demo account. It is an account with virtual money. So you trade without risk the markets.

You should ask yourself these questions:

  • What do I want to achieve with the trading of Binary Options?
  • How much I want to invest?
  • Where, on which market I want to trade?
  • How do I react to losses?
  • What are the chances of winning?

Deposit and withdrawal by a Binary Options Broker

Nowadays the deposit is easy like the withdrawal. Most brokers only need a small amount of money to open your real account and give you access to the market. Capitalize your account in few seconds with a credit card, bank wire, cryptocurrencies or other e-wallets. Today it is very simple. The withdrawal systems are working very good too. Sometimes it is fully automatic. Most companies payout in less than 24 hours. In addition in a lot of cases, there are not any fees for you. Another important fact is brokers only withdrawal verified accounts. So get your account full verified with the right documents as mentioned before.

Bonus Programs and conditions for traders

Bonuses are very popular in the section of Binary Options Brokers. Most companies offer a deposit or a no-deposit bonus. There are a huge diversity of promotions for traders. Mostly the bonus depends on the deposit amount or you can choose it manually. For example, some brokers offer a bonus of more than 200%.

It is a good way to top up your trading account balance and earn more money. You can trade with more risk and grow faster your account, but you should not forget the bonus conditions. Every time there are requirements for the bonus. For example, you do a deposit of 5000$ to your broker and trade with sensible money management of 1% of the account balance per trade. That means you invest 50$. Now you activate a bonus of 100% and additionally you get extra 5000$ and your account balance is 10.000$ now. At the moment you can trade with sensible money management with an amount of 100$ per trade. That sounds good and you grow your account faster as without bonus.

The deposit bonus is a good way to increase your account balance and to trader with more risk.

As mentioned before there are conditions of the bonus. Simply there is the requirement of turnover of the bonus amount. Sometimes you have to do a turnover of x20 and sometimes you have to do a turnover x50. It is important to read the bonus requirements. If you got any questions, you can ask the support. In most cases, you will see the requirements transparent on the platform.

  • Deposit bonus: Get additional money to your account balance.
  • No deposit bonus: You will get a small amount of money for free, but you have to do a huge turnover before you can payout the profit.

Welcome Bonus for beginners

The no deposit bonus is named welcome bonus. There are different ways to get a welcome bonus. One way is to win a free demo contest (read more below) without any risk. You compete to other traders on the platform. The rules are easy to understand: Just try to get the highest account balance versus your competitors. If you win, the broker pays a high prize. It is like a welcome bonus because you do not invest real money.

On the other hand, as mentioned before the no deposit bonus is like a welcome bonus. There are a few brokers who offer this bonus. Just create your real account and activate the welcome bonus. The company gifts you any amount of money to your account balance but you can not withdraw the money. You have to do a high turnover of the welcome bonus like 30x or 40x. Recommend broker for a welcome bonus is Pocket Option.

Binary Options Tournaments

In addition, most brokers offer tournaments or demo contests for beginners and advanced traders. You must pay a fee to participate in a contest with a huge prize fund. The rules are very simple: You get a separated demo account where you have to get the biggest balance as possible. You will compete against other traders of the broker. Sometimes there is a prize fund of 100.000$ or more. Furthermore, it is not easy to win the contest because there are a lot of competitors.

The demo contest is a tournament without participation fee. That meant that the prize fund is much smaller than the paid tournaments. But it is a good way to earn money with a small amount of money (participation fee). If you are a successful trader, you can easily win these contests.

Countries for traders

Binary Options are not allowed in every country of the world. In addition, some countries forbid trades to use foreign brokers. Most brokers accept international traders, but there are restrictions for forbidden countries. You can not generalize it because the broker decides which customer he accepts.

Nowadays Binary Options become more and more popular for traders. It is a simple and efficient financial product. It is possible to generate a high payout in a short time horizon. Asian and Africa are growing very fast and people like the function of trading. The brokers in this review try to improve their service in this region of the world because the demand is very high. They improve their customer support with different languages and other services.

The fastest growing countries:

Are Binary Options legal?

Sometimes there are some restrictions to this financial product that depends on a particular country. Personally, I only know one area where Binary Options are forbidden. It is the European Union but some offshore and international brokers accept EU traders. It is like gambling on rising or falling markets and easy to understand. The EU tries to protect its citizens because there are a lot of scam brokers. To prevent a scam, use the best brokers of this review.

Find the best Binary Options Broker 2020 – Conclusion of my review

On this site, I showed you the idea of finding a reliable Binary Options Broker. In the list, you see the best companies in 2020. For successful trading a good broker is necessary. The company should allow you your own strategy of trading and give you good support and service. On most platforms, you can learn via education videos how Binary Options are working.

Also important is the execution of your trades. It should be very fast and with no delay. Usually, every broker does that. Nowadays as a trader, you can start with a small amount of money to trade Binary Options (10$ or less). It is possible to turn it in a high amount with the right strategy. In conclusion on this site, you can find the best and proofed Binay Options Brokers 2020.

Read more about them in my reviews:

I recommend this article if you can not choose between the most known brokers: “IQ Option vs. Olymp Trade vs. Binomo”

ETX Capital

ETX No longer offer binary options.

They still offer forex and CFD trading.

Broker ETX Capital
Headquarters London, UK
Support Types Email, Telephone, Web Form
Languages Arabic, Chinese, Czech, Dutch, French, German, Hungarian, Italian, Polish, Portuguese, Romanian, Russian, Spanish and Turkish
Trading Platform Proprietary
Minimum 1st Deposit £/$/€200
Minimum Account Size £/$/€200
Minimum Trade Amount Minimum bet size of 50p (Subject to Margin Requirement)
Bonus Deposit match from 20% to 50% based on deposit size. Up to a maximum bonus of £5000
Regulator Financial Conduct Authority, UK
Deposit Methods Major Credit Cards & Wire Transfer
Trading Methods Spot Forex, CFDS, Classic Binary Options, 60 Second Options, Long Term Options, Pairs Options & Spread Betting
Number of Assets N/A
Asset Types Currencies , Commodities , Indices , Stock
Tablet Trading
Mobile Trading
Overall Score 92/100

Formerly known as TradIndex, ETX Capital is a cutting edge online trading services provider that is owned and managed by Monecor Ltd. Based in London UK, ETX Capital is regulated by the Financial Conduct Authority (FCA) under the registration number 124721. Operating since 2002, ETX Capital is no newcomer to the online trading industry. In fact the parent company, Monecor Ltd, has been around since 1965. With a single trading account, ETX Capital’s traders can trade with four different types of trading platforms with access to more than 6000 different instruments. While ETX Capital doesn’t offer their traders the benefits of social trading, they still have plenty to offer.

Trading Platform & Features

Unlike most other brokers, a key advantage to ETX Capital is the ability of traders to access 4 different types of trading platforms with just one trading account. With just a single trading account, traders on this platform can trade binaries with the ETXBinary platform, spread betting with ETX Trader and spot forex with TraderPro. For the more sophisticated traders, ETX Capital also offers them the benefits of the popular MetaTrader4 platform. The MT4 platform allows traders to customise their trading activities with expert advisors (EAs) leaving them with more free time to concentrate on their analysis of the markets.

In addition, all the above mentioned platforms are also mobile compatible. ETX Capital has made it easy for their traders to access their trading accounts from anywhere around the world with just a smartphone or mobile device by just downloading their free trading apps from Goole Play or Apple Store.

Markets Coverage

ETX Capital’s traders can access over 6000 different types of financial assets with their trading platforms. For Forex, the available leverage is now just 1:30 due to ESMA restrictions.

Trading Accounts
ETX Capital only offers one standard type of trading account for their traders. Opening a live trading account is a simple process and only requires a few clicks of the mouse. To makes things even easier, ETX Capital only require a minimum deposit of £/$/€200 depending on the currency chosen for the trading account. Demo accounts are also available in case traders wish to test out the trading platforms first before they commit any real money.

Customer Support
The standard of customer support at ETX Capital is to be commended. While the support services are not available 24/7, they are available in several major languages such as Arabic, Chinese, Czech, Dutch, French, German, Hungarian, Italian, Polish, Portuguese, Romanian, Russian, Spanish and Turkish. The only drawback with the support services is the lack of live chat. All requests for support have to be channelled through the email or through a toll-free Universal International Freephone Number (UIFN).

Spreads, Payouts & Bonuses
As for the spreads payable, traders can choose between fixed (ETXTrader) and variable spreads (ETXCapital & ETX MT4). The lowest spread starts from 0.7 pip for the popular EUR/USD pair. As for bonuses, they go up to as high as 60%. However, in order to qualify for the bonus, traders are required to place a minimum of £/$/€1000 in deposits.

Conclusion
While this broker might not be the largest broker around, they still have a lot to offer to traders in terms of quality services. Apart form being able to trade with multiple trading platforms, traders at ETX Capital gets to enjoy ultra tight spreads as well as dedicated customer support.

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Options Broker 2020!
    Great Choice For Beginners!
    Free Trading Education!
    Free Demo Account 1000$!
    Get Your Sign-Up Bonus Now!

  • BINOMO
    BINOMO

    Only For Experienced Traders!

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