WARNING: BMB is Out of Business!
Read this to find a reliable licensed broker
BMB Option (Benedict Morris) was a binary options broker that opened in 2015. BMB is owned by Log Trading Capital Ltd., with offices located at C&H Towers, 3rd Floor, Corner of Great Marlborough and George Streets, Roseau, Commonwealth of Dominica.
Their email address is [email protected], and their UK phone number is: +44 203 608 1858. For trader complaints see here.
Robot & Trade Signals
BMB works with quite a few auto trading software and signal generators.
WARNING: Most of those trading systems don’t work, and you will lose your money fast. Read more about Binary Software Scams.
There a many trading apps for binary options. You can see the popular ones here.
BMB Option Review
Like many binary option brokers, BMB offers their traders the SpotOption trading software which has more than 180 different assets for trading. They have 60, 90, 120, 180 & 300 second options, pairs, one touch, high low, and ladders options. They also offer binary options on commodities, including Gold, Silver, Coffee, Corn, & Wheat.
For Forex traders they offer options on major currency pairs and also many smaller currency pairs, like the Singapore Dollar, the Rand, the Turkish Lira, and Russian Ruble! BMB has an android and iOS apps available for mobile trading. Their platform is currently only available in English. The minimum deposit for new accounts is only $250.
BMB Option License
When the Scam Broker Investigator reviews binary options brokers to determine if they are a scam broker or a legitimate broker, we want to know if a regulator like the CySEC in Cyprus gave them a license and they fall under the MIFId rules in Europe. Are they registered with the FCA in England or the FSBR in New Zealand.
We see that BMB is NOT licensed in Europe.
What was your experience like trading with BMB Option? Please share your review in the comments below.