The Broker is Out of Business! Another Scam Gone…
Scam Binary Software
WARNING: Don’t fall for the trading system scam! To see how it works, read this.
The most popular automated trading software is from: OptionRobot.com.
Trading Software Review
The trading software the Capital Bank Markets uses is called AirSoft. We were very impressed with the flexibility and wide range of binary options available on this trading platform. Basically, you get to choose when the option expires, anywhere from 15 minutes to 6 months. This feature is not found at any other broker, and it is exactly what professional binary options traders are looking for.
Positions can be opened a few weeks in advance to be ready for economic data releases and corporate earnings announcements. Charting is similar to other brokers with only a short time frame available. But you do have the ability to overlay the chart with technical indicators like MACD, Bollinger Bands, SMA, EMA & RSI.
The list of assets available is large. There are almost 200 assets available including Forex, Stocks, Commodities and Indices. We noticed that for commodity traders to are listing options on Copper, Palladium, RBOB Gasoline, Sugar, Wheat and Corn.
Their platform is currently only available in English, and we did not see mobile apps released yet. The minimum deposit is $500 for new accounts.
Capital Bank Markets License
When Scam Broker reviews a new broker to determine if they are legitimate or another scam broker, we look for a license. Traders should always first check CySEC in Cyprus who is the largest regulatory body of brokers.
CBM does not have a license. When searching for a new binary options broker, it is always important to check the list of licensed brokers here.
Compare Capital Bank Markets
Traders can find a short list of the most popular brokers here.
If you are looking for an Automated Trading Software, then see the most popular ones here.
Warning: This broker is not licensed or regulated by the USA CFTC.
Read this to see why smart people only use licensed brokers.