Binancecapitaloptions.com is an alleged forex broker located in the UK, with the vision of delivering better trading. They claim to have transformed trading into something just fair and direct. They lay claims to possessing different features that make their platform the right fit for investors.

In the review below, we take an in-depth look at the features Binancecapitaloptions.com allegedly offers. The review covers aspects of its licensing, its account types, its leverages, its withdrawal, and deposit methods. Read through our review to see what we and other experts have to say about Binance capital options.

Binancecapitaloptions.com Trading Platform

Binance Capital option presents a well-designed corporate site (a bit confusing to navigate sometimes), the site lists its parent company as BinanceCapitalOptions Ltd. They are allegedly a Forex brokerage registered in the UK.

The platform claims to offer the MetaTrader 4 and MetaTrader 5 trading platform. This is considered an advantage since both trading platforms are currently among the leading trading terminals in Forex trading and close to 80 percent of users prefer them. They also claim to offer forex, CFDs, physical stocks, and precious metals. Offering unbelievable leverages as high 1:1000. The platform provides a lot of technical indicators, an extensive back-testing environment, and a diverse selection of Expert Advisors (EAs).

We signed up for a demo account and we discovered some things. One of them was that the dashboard had no discernible trading conditions. Another was that their claims to offer the MT5 and MT4 trading platform were false as it only provides a web-based trading terminal.

Binancecapitaloptions.com Account Types

Binance account

Their Account type is a bit hard to grasp. Suffice to say, the minimum deposit to start off as seen in the figure above is $500 dollars. This is double the acceptable minimum deposit the industry has come to normalize.

Binancecapitaloptions.com Withdrawal and Deposit Methods

The site flaunts different logos of paying methods like the standard Visa and MasterCard, as well as e-wallets such as WebMoney, Skrill or Neteller but we discovered that it supports none of them, opting only to deposit through bitcoin which is irreversible

We could not ascertain if the platform had any withdrawal fees either.

After a thorough swipe of the site, we came across withdrawal conditions concerning accounts that took advantage of the bonus promotion. They say that a trader has to achieve a certain trading volume in order to be eligible for withdrawal which is purposefully excessive.

This is a practice most seen in scammers. This tactic is employed so as to impede any trader from actually receiving his money.

Is Binancecapitaloptions.com Licensed?

As earlier stated this platform claims to be owned by as BinanceCapitalOptions Ltd which they claim is supposedly regulated by CySEC and UK’s Financial Conduct Authority, as well as several other European regulators.

After thorough research, we found out that the reference number on the website belongs to a real and legitimate company registered with the name JDF Capital Ltd. JDF Capital Ltd. Has nothing to do with the forex broker we searched for.

This leads us to reach the conclusion that  Binancecapitaloptions.com isn’t licensed.

Conclusion

In conclusion, we wouldn’t advise or recommend you to trade with Binancecapitaloptions.com as we could not substantiate their claim of being a registered company.

Binancecapitaloptions.com is likely a platform run by scammers, trading with them would likely result in you losing your money.

By admin

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