Binary Capital Markets Broker Review 2023

Min. Deposit $250
Min. Invest $10
Return 90%

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.

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 Company Information

Our review of Binary Capital Markets revealed that this broker has an excellent set of security protocols in place to facilitate numerous and easy payment transfers.

The minimum deposit with this broker stands at $250 and the minimum withdrawal is pegged at just $100.

At the time of registration, traders have the option of choosing amongst three currencies for their accounts – USD, GBP, and EUR. The currency selected will be the one to be used for making deposits, trading and for withdrawals and it can’t be changed so as to avoid speculations.

Though the site claims to offer various banking methods, including e-wallets, bank transfers, and credit cards, we were presented with only credit cards during the review, and we hope that the rest of the methods may be available in the future.

For traders to access their profits, they have to send a request, which will be processed within three working days. The actual time will, however, vary depending on the type of the account. For withdrawals, traders will have to give proof of residence and identity according to the instructions on the website and as per the compliance policy.

We didn’t find any evidence that Binary Capital Markets charge any fees, but dormant accounts attract a fee of up to $5 per month. They also remind traders that it may take up to seven days before funds are visible on the banking account and this also based on the type of the account.

Binary Capital Markets is owned by G.S.E Golden Sky Europe LTD, which is regulated by CySEC and has a broker license number of 293/16.