Is Binary Capital Markets BCM a Scam

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Is Binary Capital Markets BCM a Scam?

Is Binary Capital Markets BCM a Scam?

A fairly recent addition to the market, Binary Capital Markets, also known as BCM, is a broker that guarantees a tremendous trading experience. Operating from Cyprus, it features great platform design, various banking methods and versatile account packages. Although the offer sounds tempting, the question remains whether this broker is actually safe to trade with. Having second thoughts about trading with BCM? That’s all right; it’s perfectly natural to be careful when dealing with a new broker. However, our experts have conducted a series of advanced security tests and came to a surprising conclusion. If you want to learn more, just keep reading this “Is Binary Capital Markets BCM a Scam?” article and all your questions will be answered!

Is Binary Capital Markets BCM a Scam? | Regulation

If we really want to know is Binary Capital Markets BCM a scam broker or not, we should try to find out if this company is regulated in any way. Fortunately, given the fact that the company headquarters are situated in Cyprus, it abides to regulations defined by CySEC. Also known as the Cyprus Securities and Exchange Commission, this regulatory body provides procedures and rulebooks to which all brokerage companies operating from Cyprus must comply. This guarantees that trading options will always be up to date, with reasonable return rates for chosen investments. Furthermore, it also regulates the broker’s banking policy, meaning that your funds will be perfectly safe when transferred to your Binary Capital Markets BCM Account. More importantly, it ensures that all your earnings will be sent back to your bank account in a fixed time span. Therefore, we really haven’t found any issues regarding this topic, as it is quite clear that this broker is completely legit in this respect. But is Binary Capital Markets BCM a scam when it comes to some other features? Keep on reading and find out the truth!

Binary Capital Markets BCM Legal Information

Is Binary Capital Markets BCM a Scam? | Trading Interface

Since we have already covered the regulation aspect, the following part of this “Is Binary Capital Markets BCM a Scam?” analysis will cover the security of the broker’s trading platform. Here we must state that BCM has obviously invested quite a lot of time and effort in the platform’s design and functionality. What we have here is an ingeniously designed trading interface that’s fast, slick, responsive and easy to understand. Clients can trade with more than 70 assets, and payouts can reach up to 90%, which is great. Doesn’t this sound too good to be true? Is there a catch? Fortunately, we can put your mind at ease, as this platform is nothing if not completely safe. We have executed many trades with various assets and in all trading modes, and we haven’t encountered any sign of fraud whatsoever. Moreover, Binary Capital Markets BCM Demo Account is provided to you the moment you register with this broker. Scammers would never let you try their platform without investing, as their basic modus operandi is to trick you in depositing, then deactivating your account and stealing your money. We give you our word that this will never happen with BinaryCM, so you can trade here without having second thoughts. But what about deposits and withdrawals? Is Binary Capital Markets BCM a scam in terms of banking? Read on and see for yourself!

Binary Capital Markets BCM Compliance

Is Binary Capital Markets BCM a Scam? | Support

Scammers will leave you helpless if (when) you encounter any problems during your trading sessions with them. Therefore, we wanted to check is Binary Capital Markets BCM a scam when it comes to customer support. We’re happy to say that BinaryCM has once again proven its reliability. Their support team can be contacted via phone, e-mail or by using the embedded chat application. All our queries were answered almost instantly, demonstrating clear and professional approach to clients. From our own experience, if you happen to encounter any kind of issue while trading with BCM, this exquisite support team will fix it for you in no time. Also, if you need any more information about this broker, feel free to consult our Binary Capital Markets BCM Review 2020. Now that the situation is pretty clear, it’s time to wrap things up here.

Binary Capital Markets BCM Contact

Is Binary Capital Markets BCM a Scam? | Conclusion

For all those wondering is Binary Capital Markets BCM a scam broker, we have only one answer – not at all. This company has proven its legitimacy and security on multiple occasions, and everything from trading platform all the way to customer support checks out. Therefore, we can honestly recommend you to start trading with this promising broker. Go on, open a free trading account right now and team up with a great and reliable partner!

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    Top Binary Options Broker 2020!
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  • Binomo
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BCM Review

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People who invest in binary options are usually aware of the risks that are associated with this form of trading, but if you decide to trade with a company that does not have enough experience and knowledge – things can be even more unpredictable and dangerous. Of course, not all broker houses are the same, nor they all offer the same services, and our BCM reviews will provide you with everything you need to know about this particular trading company. Knowledge is power, and the more you know about a broker, the easier it will be for you to decide if you would like to invest your hard-earned funds with the company in question. So read full BCM review now and find out the truth!

Min. Deposit: $250 Demo: N/A

Platform: Custom Bonus: N/A

Regulation: N/A US Clients: N/A

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RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

BCM broker – an overview of the company

October 16th, 2020 was the day when Binary Capitals Market, or BCM, officially opened its “doors” to international investors. However, this also means that BCM is not a broker house with a long-lasting history and tradition in the business, and this can present a serious issue in the world of binary trading. Therefore, we encourage our readers to be cautious when it comes to a potential BCM scam. The broker is currently under the ownership of G.S.E. Golden Sky Europe Limited, and the headquarters of the enterprise are located in Cyprus, which is a regular occurrence when it comes to binary options.

BCM – licenses and regulation

Even though BCM binary broker is such a young and inexperienced company, they have managed to obtain a permit from Cyprus Securities and Exchange Commission (CySEC). Their license number is 296/16. The fact that they have a license from such a reputable governing agency is a major factor in the overall operations of this company, and BCM seems to be in compliance with all the necessary safety protocols and regulations. However, the broker has been offering its services for only a couple of months, and it is perhaps a good idea to wait and see if their credibility will stand the test of time.

BCM opinions about the trading process

BCM offers a standard and a rather straightforward trading process, and clients can choose between several types of account. Demo account is designed for traders who are new to binary options, and this tool allows them to familiarize themselves with the features of the BCM trading terminal. Other accounts include Silver, Gold, Platinum, and VIP option, which is also similar to most other broker houses. However, BCM added tempting bonus features into the mix, but this can be a potential red flag for traders who are suspicious about running into a scam or any fraudulent activity.

BCM – the software platform

Binary Capitals Market uses a classic SpotOption software solution, and this platform is also used by a lot of other binary brokers. It incorporates around 70 different assets, which come from the four general categories of assets – stocks, commodities, currencies, and indices. Clients can place their investments through several trading methods, and these include One Touch, High/Low, and similar options. Of course, all modern trading companies are offering mobile apps as well, and BCM is not an exception. Their apps can be used on both Android and iOS devices.

BCM opinion – banking methods

Investing in binary options is unpredictable and risky due to the actual nature of this trading method, and it does not need to be any more challenging by having dishonest and fraudulent companies on the market. That is why clients need to be careful when they are looking for their individual broker, and thorough research is the only way to go when it comes to this situation. Binary Capitals Markets is a company that offers various banking methods, and their customers can deposit and withdraw the money through several credit and debit cards, wire transfers, and e-wallet services. US dollars, euros, and Russian rubles are the only currencies that are supported, and this may be a minor drawback in certain situations. Similarly, the process of verification can sometimes last a long time, and that is why withdrawal of your funds can take up to 5 business days. The minimum amount you can withdraw is $100.

Binary Capitals Market – conclusion

Trading with BCM could, in fact, be a very profitable activity, but due to the inexperienced nature of this broker – we recommend that you look for a different provider of binary trading services. Simply, we all want to trade with a trustworthy company, and it remains to be seen if BCM is on such binary broker.

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Best Choice For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Trustful Broker. Recommended Only For Experienced Traders!

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