SyncPrime is a binary options broker owned and operated by Marchmont European Technology LP, with an address at Suite 1, 4 Queen Street, Edinburgh, EH2 1JE, Scotland, United Kingdom.
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SyncPrime Platform
Binary platforms are the interface where the trading on assets such as commodities, currencies, stocks or indices are done. A good binary options platform should have charting tools and indicators, it should also be easy to use and very fast in executing trades. Sync Prime broker uses the SpotOption platform, it has a huge range of assets to trade on. The binary options type offered by this platform are the Regular binary, 60sec, Long Term, Ladder, One touch, Limits and pairs.
Withdrawal and Deposit Method
SyncPrime withdrawal and deposit methods could be carried out by the following means: Visa, Wire transfer, MasterCard, Skrill, Neteller, Yandex Money, Qiwi Wallet, AstroPay, paysafcard. SyncPrime minimum deposit is $250.
License and Regulation
SyncPrime is NOT a licensed broker. This means there are no regulatory bodies that monitors their activities to ensure they stick to best practices. Complaints about these unlicensed brokers are withdrawal issues(not being able to withdraw your money) and since they are unlicensed and unregulated, no regulatory bodies can fight for you, so you are left helpless. This is a source of major concern.
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