Binary Capital Markets Broker Review 2023
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.