Binary Globes is now Closed
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BinaryGlobes was a CySEC licensed binary options broker. BinaryGlobes is owned by Lead Capital Markets Ltd. They are located 12 Archbishop Makarios III Avenue, Kristelina Tower, 2nd Floor Mesa Geitonia, Limassol, Cyprus. BinaryGlobes can be reached at: +44 20 3695 5032 and their email address is: [email protected].
Minimum deposit for new accounts is $200.
They are using the latest SpotOption trading platform. They offer Binary Options with returns as high as 83% on the $EUR/USD forex pair. They have Pairs Options, Long Term Binary Options, Speed Options of 1 min, 90 seconds, 2, 3, and 5 minutes. They also offer One Touch & Ladder Options.
For Forex traders they offer options on all major currency pairs, and minor Forex pairs. They have options listed on the Swiss Franc, the Turkish Lira, the South African Rand and the highly volatile Russian Ruble!
The minimum trade size on 60 second options is only $5. On regular binary options the minimum trade size is $20.
BinaryGlobes does not accept traders from the United States and Canada due to regulations in those countries.
Their trading platform is currently available in English & Russian.
As a new company, their mobile apps are still under development. They are hope to release their mobile trading apps shortly.
Is BinaryGlobes a safe broker? Here is a direct quote from their website:
In today’s market, BinaryGlobes.com is offering you one of the most secure trading experiences. We are licensed and regulated by CySec (Cyprus), and compliant with the MiFID (EU), registered with the AMF (France) and BaFin (Germany). We also offer the deposit protection of up to €20,000 through our membership in the Investors’ Compensation Fund.
What we look for at a binary options broker to determine if they are a legitimate broker or a scam is very simple. Did a regulator body like CySEC in Cyprus give them a license or do they fall under the MIFId regulatory rules in the European Union (EU)?
The benefit of using a broker like BinaryGlobes is that they answer to CySEC in Cyprus. When choosing a binary option broker it is extremely important to check that the broker is licensed. The benefit of using a broker like Binary Globes is that since they are licensed, if you have a complaint or a problem, you can go directly to CySEC and submit a complaint.
Since BinaryGlobes is licensed and regulated in the European Union, that makes that a safe broker to trade with.