Binary Capital Markets BCM Trading Platform

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Good Choice for Beginners!
    Free Trading Education, Free Demo Account!
    Get a Sign-Up Bonus Now!

  • Binomo
    Binomo

    2nd in our ranking!

Binary Capital Markets BCM Trading Platform

Binary Capital Markets BCM Trading Platform

BCM (also known as Binary Capital Markets) is the latest addition to the binary options market. Since they opened for business just a couple of weeks ago, we gladly accepted the opportunity to see what they offer. It’s always interesting to see how new companies plan to operate, especially since they have to work extra hard to attract traders. We were not disappointed with their offer, and one the best features they have in their arsenal is Binary Capital Markets BCM Trading Platform. In fact, it is so good that we decided to dedicate an article to it. This way you can get a general idea about the experience that awaits you if you decide to start trading here. Let’s go!

Binary Capital Markets BCM Trading Platform | Possibilities

When we first accessed Binary Capital Markets BCM Trading Platform, we immediately noticed that the design is very good. Everything is clear right from the start, so you will get the hang of things here fairly quickly. For a new broker, BinaryCM offers a lot of options because, apart from the usual binary options trading, you can choose between one-touch options, long-term trading, short-term trading (60 seconds) and more. You can even take a look at the broker’s special offers whenever you want thanks to a button located left of your chart. At the moment, Binary Capital Markets BCM Trading Platform offers more than 70 different assets, which are divided into currencies, commodities, indices and stocks. What is particularly interesting is the fact that payouts go up to 90% here, so you can really do a lot even if you only make a Binary Capital Markets BCM Minimum Deposit. But there is more to discuss about this platform, so stay with us.

Binary Capital Markets BCM Trading Platform

Binary Capital Markets BCM Trading Platform | Software

Binary Capital Markets BCM Trading Platform is based on the latest SpotOption software, meaning you can expect flawless execution of your every order. Indeed, while we were trading here, absolutely no problems were observed and we had a very pleasant trading experience. This really isn’t something that should surprise us, since SpotOption is currently the most popular and probably the best trading software you can find. Additionally, mobile apps for both Android and iOS devices are already available, so from a technical perspective we really can’t ask for anything more from BinaryCM. Everything functions great, plus you can trade whenever and wherever you want, provided that you have an internet connection, of course. Add to that the fact that you can also get a Binary Capital Markets BCM Demo Account here and you know that you’ll have absolutely everything you need to succeed.

Binary Capital Markets BCM One Touch

Binary Capital Markets BCM Trading Platform | Conclusion

Although this broker has just appeared on the market, it is obvious that they are quite serious about succeeding. Binary Capital Markets BCM Trading Platform is a great proof of that. It is based on the best possible software, has numerous options and offers very simple, but extremely efficient design. Even if you’re a complete beginner, everything will become clear to you in a matter of minutes. So if you want a great trading experience, open an account with BCM. They’re new and eager to show you what they know.

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!

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Good Choice for Beginners!
    Free Trading Education, Free Demo Account!
    Get a Sign-Up Bonus Now!

  • Binomo
    Binomo

    2nd in our ranking!

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!

Basel Capital Markets (BCM) Review – is it scam or safe?

Trading Accounts and Conditions

Trading account Min. deposit Max. leverage * Spread
Standard $5 1:30 2.3 pips + €19,99
Silver $5 000 1:30 N/A + €12,99
Gold $10 000 1:30 N/A + €10,99
Platinum $25 000 1:30 N/A + €3,99
Diamond N 1:30 N/A

* Professional traders are extended leverage of up to 1:400.

Basel Capital Markets (BCM) is a Cypriot forex and CFD brokerage that offers its clients access to the MetaTrader4, as well as to Sirix web platforms. They also have good variety of account types and financial instruments to choose from, however we also spotted several negative things.

Check out the whole review to see the advantages and disadvantages of dealing with this broker.

Basel Capital Markets Advantages

The best thing about Basel Capital Markets is that the broker is authorized and regulated by one of the most popular EU financial regulators – the Cyprus Securities and Exchange Commission (“CySEC”).

Actually, BCM is one of the several brands of Leverate Financial Services Ltd. – a Cypriot Investment firm and software developer, which also operates Direktbroker-fx.

Forex brokers authorized by CySEC have to abide by a number of rules, including those introduced on a EU level, which provide significant assurance for the security of clients’ funds. These include certain capital adequacy requirements, segregation of clients’ funds, reporting transactions on a regular basis, provision negative balance protection, as well as compensation scheme coverage (to a maximum of €20,000).

MT4 & Sirix platforms available

Another advantage we should list here is that this broker supports two nice trading terminals – the most legendary MetaTrader4 (MT4), as well as Sirix Web trader (which is developed by Leverate).

MT4 remains the preferred choice of most traders worldwide, as it provides a full range of trading tools and features: more than 50 built-in technical indicators, advanced charting package, numerous Expert Advisors (EAs) and extensive back-testing environment. Besides, traders can download ready-made or create their own EAs (and Indicators) and let the program do all the work.

Sirix Web Trader is easy to use and is also equipped with useful charting tools, and a number of technical analysis indicators, as well as 128-bit encrypted security.

Low initial deposit, high leverage (for pros)

Furthermore, BCM requires only $5 as a start for live trading, and offers high leverage ratios to thos clients who classify as professionals. As most of you probably know, leverage is capped throughout the EU for investor protection concerns.

Basel Capital Markets Disadvantages

High spreads, salty commission fees

As announced on its website, BCM’s EUR/USD spread is floating around 2.3 pips, which isn’t lucrative for traders at all. On top of that, the broker charges pretty salty commission fees, so the overall trading costs seem quite excessive.

Click on the image to zoom in.

By comparison, most brokers offer spreads in the range of 1.0 – 1.5 pips for this pair (commission, if any, included), so you might check some of their offers.

No demo accounts

Another obvious disadvantage of BCM is the lack of free testing service. We couldn’t access any web-trader, nor test the MT4 in demo environment, although the platform is freely available for trade on the broker’s website. We view the availability of a test-drive as crucial in judging the credibility of a broker.

Trading conditions not clearly presented

There is one more concerning thing that requires our attention: in our view, BCM hasn’t presented its trading conditions in full, nor has done that in a clear manner. The trading accounts section of the broker’s website solely contains information about the initial deposits required, the spreads are only announced for the standard account type in a different section, and the commission fees are elsewhere. This leaves a bad impression on the part of a regulated broker.

Conclusion

On the plus side, Basel Capital Markets (BCM) is a trademark of Company that is well-known in the trading world, and holds a license with some of the most respected financial regulators in Europe – CySEC. Furthermore, the brokerage supports two great platforms.

However, we also spotted several negatives of BCM, so there might be better trading partners for those seeking a good forex broker in the EU.

To sum up the above:

Pros Cons
CySEC license High spreads, salty commission fees
MT4 & Sirix platforms available No demo accounts
Low initial deposit, high leverage (for pros) Trading conditions not clearly presented
Broker Advantages

FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.

Broker Country Regulation Platform Min Deposit Review
US CFTC, NFA MT4, Web,
in-house
$50 Review Website
US NFA, CFTC MT4 $250 Review Website
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Australia, Cyprus ASIC, CySEC MT4, MT5, Iress $100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Australia, Singapore FCA, ASIC, MAS, BaFin MT4, Web,
ProRealTime,
2Dealer
$0 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
UK FCA MT5 $5 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website

Traders` reviews for Basel Capital Markets (BCM)

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Good Choice for Beginners!
    Free Trading Education, Free Demo Account!
    Get a Sign-Up Bonus Now!

  • Binomo
    Binomo

    2nd in our ranking!

Like this post? Please share to your friends:
How To Start Binary Options Trading 2020
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: