Binary Capital Markets (BinaryCM) is a new licensed binary options broker that opened on October 18th 2016.
Binary Capital Markets is owned by G.S.E GOLDEN SKY EUROPE LIMITED which is located at Lophitis International Center, Corner of Soteri Michaelidi and 28th October Street, Limassol, Cyprus. Their email address is [email protected], and their phone number in Cyprus is: +357 2503 0529. For trader complaints see here.
Binary Capital Markets Review
Traders and Investors at BinaryCM can use the most updated version of the SpotOption trading software. This popular trading system for binary options gives you more that 180 assets, in many types of binary options, including; 60, 90, 120, 180 & 300 second options, pairs, one touch, and high low binaries.
They also offer binary options on commodities, including Gold, Silver, Oil and Natural Gas. Forex traders will find binary options on all the majors and some of the minors including the Singaporean Dollar, South African Rand and the Russian Ruble.
Mobile apps for Android and iOS are available in the app stores. The minimum deposit for new accounts is $250.
Automated Trading Software
Most binary option brokers running on the SpotOption platform are compatible with a variety algorithm software.
WARNING: Many trading robots are a scam and will make you lose money! Read: The Binary Options Scam.
There are a few auto trading systems which are very popular among traders, see here.
Binary Capital Markets License
When the Scam Broker Investigator reviews a new binary options brokers to see if they are a scam broker or a legitimate broker, we check a European regulator like CySEC in Cyprus to se eif they are licensed and under the MIFId rules of Europe.
Binary Capital Markets is licensed and authorized by CySEC in Cyprus which is part of Europe, with license number 293/16.
The major benefit in going with a licensed broker is that since they are regulated, if you have a problem you can go to the ombudsman in Cyprus to help you resolve it. In general, licensed brokers are safer than unlicensed brokers. You can see other licensed brokers here.
Are you already trading with the broker Binary Capital Markets? Please tell others about your experience in the comments below.