Warning: Glenridge is a Scam Broker that is not licensed or regulated by the CFTC.
Americans only trade on the licensed exchange at Nadex.com.
Glenridge Capital is an unlicensed binary options broker that opened in 2015. Glenridge Capital’s phone number is; USA: 888-967-8185 United Kingdom: +44 203 318 2586. They were owned by Greymountain Management Ltd. 3rd Floor, Ulysses House Foley St., Dublin, and their website says Melnic Group Ltd.
Trading Robot Scam
WARNING: The video you watched is fake and the software does not work, see why.
The only real software for automated trading is at OptionRobot.com.
Glenridge does not allow you to use an auto trading system.
In their terms and conditions (section 18) they write;
If you integrate an automated or semi-automated device on the Glenridge Capital platform, in lieu of your personal interaction, or utilize a backdoor API; we will consider your activity system abuse and we will nullify your position or cancel your account.
They use a new and simple trading platform. The trading software has high/low binary options are multiple expiration time frames. Starting at 60, 90, 120 seconds, going out to daily, weekly, monthly and yearly options. The returns on EUR/USD options were 70% when we reviewed the site.
They support customers who speak English, German, Russian, & Spanish, but their platform is only available in English.
Minimum deposit for new accounts is $250.
Glenridge No License
The main thing we look for when reviewing binary option brokers to determine if they are a scam broker or a legitimate broker is simple. We want to know if they are licensed and regulated by the CFTC in America, or are they licensed by CySEC in Europe.
Glenridge Capital does not have a license.
The reason traders use a licensed broker is so that they funds are secure, and there is someone to complain to when there is a problem. For an updated list of licensed brokers, go here.
On October 26th 2015, FINRA published an investor alert regarding offshore binary options brokers. Read the alert on FINRA’s website here.
Compare Glenridge Capital
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There are 100’s of binary option brokers to choose from, see our Best Brokers list.
What was your experience trading at Glenridge Capital?
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