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Varalen Capital Markets review – is capital-markets.com scam or safe forex broker?
RECOMMENDED FOREX BROKERS
Capital Markets is a CFD brokerage owned and operated by Varalen Capital Markets llc. registered at 30 Wall Street, New Yorkd, USA. Read the whole review to find out the benefits and disadvantages in dealing with this brokerage!
No security measures
Capital Markets does not disclose on its website any security measures they might have taken in assuring the safety of the clients funds. There is an ID number given without much clarity to what exactly it may correspond.
Having in mind the American address of the company, we did check the online registry of the relevant authorities there. We can confirm that Varalen Capital Markets is not an NFA member. Here is a screenshot to see for yourself:
Also, the broker states on its website that it is owned by a number of companies – some of which registered in the Marshall islands – which further raises doubts about the legitimacy of the whole operation. The Marshall Islands is a favorite spot for scammers to register and we have come across many such instances. Furthermore, through a demo account we saw a leverage of 1:500 which should not be possible if Varalen is licensed by the NFA, because the American authorities limit the maximum to 1:50.
Trading with an unlicensed brokerage brings with it a hornets nest of risks and due diligence requires us to state them. There is no assurance for the safety of the clients funds, besides the supposed cordiality of the brokerage. Without regulation, we have no guarantee of the segregation of accounts i.e. the clients funds may well be mixed with those of the company and liable to all sort of illegal encroachments on part of the broker. Compliance with a regulatory agency such as the NFA also requires the broker to have a starting capital of $20 million which significantly lowers the risk of them being frauds, since not many scammers can pull through with such an amount.
Having in mind the uncertainty over the regulatory status of Capital Markets we advise potential traders to orient themselves to safer and more legitimate brokerages. They can check out our list of recommended NFA-regulated forex brokers:
MT5 trading platform
Potential clients have access to the MT5 trading platform. It is provided by the same company behind the MetaTrader4 which is by far the foremost platform in use at the moment. It can be accessed through almost any web browser, as well as mobile devices and has much valued by traders options in it. One such option is the MQL5 programming language through which traders can alter or design their own auto-trading bots or run ready-made ones. It is also used by more than 80 per cent of the trading world and should be counted as a big plus. Here is a list of other forex brokers that offer it as well. Here is a screenshot for traders to see for themselves:
However, having in mind the not-so-perfect regulatory status of the brokerage, we would recommend interested traders check out our list of regulated MT5 forex brokers:
Capital Markets is an interesting brokerage. It’s website is very nicely done and it also provides the MetaTrader5 platform – with an available demo account – all of which is uncommon for unregulated brokers. It’s trading conditions aren’t that bad – the spread is a bit high, but there is a generous leverage to be taken advantage of. However, there is some missing information and most important – there is missing regulation. We cannot confirm the safety of the clients funds and we do not know how much a trader has to risk in order to get a taste of real-money trading. All in all, there are better trading options to which we have linked throughout the review.
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.
Best Binary Options Brokers 2020:
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.
Traders` reviews for Varalen Capital Markets
Binary.com is one of the oldest and most respected names in online binary trading. Using their website, customers can trade currencies, indices, stocks and commodities 24/7. They have the most flexible pricing and the most comprehensive suite of products available.
Terms of trade with Binary
The Binary.com company is a recognized innovator, offering a convenient trading platform, which is one of the most award-winning platforms for trading binary options. Patented pricing technology at Binary.com allows you to get the same percentage profit as traders in the interbank market. Members of Binary.com have a valuable opportunity to maintain constant contact with broker consultants via chat, e-mail or phone, getting qualified help or resolution of specific issues that have arisen in the course of trade with the use of different strategies.
We are confident that this is a big plus for all traders, including the most experienced. At the Binary.com site, you can always see live prices in real time, standardized with respect to the inter-bank markets. Binary.com offers payment of more than 100% on simple contracts such as Rise/Fall. Win up to 1000% for contracts «above»/«below» and «touch»/«no touch». There are no hidden charges or fees. In addition, the broker provides free webinars, a free daily overview of the market and e-books and trading charts.
Here are no hidden charges or retainages. Besides, this broker provides free webinars and daily market review, e-books and trading charts. The essential advantage of the company is, that it goes extramile, growing fast, offering to the user the modern trading process approach, a great number of useful options and quality content of the website binary.com (the real traders’ feedback is available below), advantageous tariffs, quick deal execution, rapid system transactions.
The broker has been operating successfully since 1999 and has a solid image, more than one prestigious awards due to the quality service and safe trading. For traders, which number is increasing on the website, the advanced assets are available, one of the functional platforms. Users can buy any items with the brand logo on the website binary.com. As we already mentioned, the feedback of customers about the platform describes its positive features and this cannot but increases the level of credibility to the company.
As one of the sophisticated market brokers Binary offers for the customer the proven and quality service only. Binary trading takes place in the program SmarTTrader, which is considered to be among the major ones in the market. The web-platform doesn’t need to be downloaded and set on the computer – you can trade in the browser right after the registration. The advantage of the terminal is its convenience and minimalism, no extra options and details, this makes it comfortable for market novices. Also there is a user’s guidance available on the official website binary.com, which lets you quickly find out in the aspects of the platform and start trading.
Here 5 option kinds are available («up»/«down», «touch»/«no touch», «inside»/«out», Asian, digital) along with the information on them. You can perform technical market analysis changing the ways of the chart display, expiration, adding indicators to it, compare several assets. And yet the trader needs to get used to this platform as it’s creatively different, even though simple. The customers often point its complexity, but indeed, one needs just get used to any similar trading solution to use all its capacities.
The personal account is also informative, lets you easily monitor trading history, deposit balance. On the website binary.com you can try trading robots, various kinds of software, buy books, cloths with company logos, certificates for updating your account in a «Shop» etc. Interestingly, the broker lets you also work with information from the resource TradingView, which is offered here with no advert neither the registration need. This platform became well-loved by users as it contains the huge feature set, convenient charts with as many option, as possible. Such concern to the service is encouraging for a trader – the broker considered this issue really well, offering to its customers just the solutions allowing to a trader to earn from options easily.
Binary broker quotations
As for quotations, they are aired from the interbank on the platform binary.com and for this no liquidity providers are called. Such approach lets the broker timely provide the accurate information, good for investors making money. All quotations here are equal for different account and customers types.
There are the disputes in Internet arising on the issue of quotations accuracy. Traders begin compare them to the data from other projects, like MT4, TradingView but they don’t realize that these platforms have their own policy to work with this information. The broker is often charged with quotation change to its own benefit. On one of forums the company manager Olga Borg replies such declarations, that it’s impossible to do, much less to each user, especially for the company effectively working in the market since the year 1999. Let’s point out here that the company passes audits, updates licenses, does everything possible for the trade to be safe and for customer to trust the brand.
Binary demo account
On the official website binary.com you can use the free demo account, too, which is available for any registered user (you just need to put your e-mail in the form). The services of the training account don’t differ from those for the real one, here the trader can also perform the technical analysis of the market using a wide range of tools, study reference literature and trade in the market of course.
For this, the virtual money are placed to the account ($10 000), thus you can properly get to know the broker’s capacities with no risk for your own capital. The training trading shall not be just a trader’s game. Using this unique option users can check the correct terminal operation, support service reactions and so on. After the appropriate study of the platform the customers can define an account type, top it up, trade in the real market already and make decent livelihood. At that the training account will be a perfect chance to test here the author’s strategies etc.
Binary mobile application
One of the earliest market brokers also offers to its users the special mobile application Tick Trade for option trading (available on Android). The program is free, convenient and easy-to-work, contains the main services of the web-version: all kinds of options available, settings of rates, work with chart, market analysis. To use it, you need to download it from Google Play, sign up there and here you are – enjoy the rapid and powerful trading at your convenience.
The advantage of such mobile platforms with access to financial markets is that the work becomes much more easy and comfortable. The trader’s smart phone is always there, now you can enter the market for trading any time, execute transactions from anywhere in the world and even in motion. Here you can also check your account status, customize your profile, leave the withdrawal orders quickly.
There is no need for the earliest broker to offer for customers specific exciting bonuses and appealing offers, as the minimal deposit here is just 5$. This attracts to the platform new users very well, which always look for available trading options.
And yet Binary runs campaigns for traders, even though less often than its competitors. There is welcome bonus accrued to the accounts of the new platform users: up 10 to 100% (depends on the sum on the deposit). The entire gain from the bonus is available for withdrawal in any convenient way.
Deposit and withdrawal
To deposit and withdraw funds, you can use credit/debit cards, Moneybookers, bank transfer, Neteller, Qiwi, Okpay, Webmoney and a number of other payment systems that are provided on the company’s website. Customers receive payments in 3-5 working days.
As traders point in their references, the withdrawal orders are processed quickly, transactions are rapid in the system. At that you can always leave a message for the support service and get the answer in time. And yet, here is the negative feedback, too. Generally the customers complain against managers ignoring them and simply disappearing while abnormal issues, or against the withdrawal, which may happen for too long. The broker’s support service explains this by the funds located in a certain company department, ready for transfer to the user’s account as soon as possible.
There are also withdrawal denials: for example when a trader depositing by bank card leaves the request for withdrawal through Qiwi, even though it’s wrong and mentioned in the system rules. Or rather we can deduce that the trivial ignorance of the platform operation rules may result in negative implications, thus you’d better be aware and study materials available on the website binary.com. The feedback from real traders proves that the platform is recommended to investors on various forums and has its loyal customers trusting it.
Complaints about Binary
Our team has looked for negative comments from users of the Binary broker and did not find any relevant information that affected our review. A very small amount of negative feedback appears in the form of minor technical problems that were easily solvable. On several forum sites, we did find a complaint from a customer who had to wait more than 5 days to withdraw his funds. We did not interpret this as a big problem, as it was a technical problem related to payment methods. We also found that the problem was successfully solved by the broker, and no more complaints from the same individuals have been posted since.
If we find complaints about Binary, we will post it on social media. Follow us to be well informed:
Binary broker regulator
Binary is licensed as a representative of the services in category 3 Investment Authority and regulated by the Malta Financial Services Authority (number IS/70156 license).
Binary user agreement
Any trader planning to become a professional stably earning from his investments in options on the broker’s platform shall study its documents allowing him to see a lot: operator’s warranties for platform users, the list of user’s obligations, responsibilities of broker and player. Such document of Binary is called «Terms and Conditions» and available right on the first website page (at the bottom of the website). Why do you need to study this information? At least to know the aspects of the platform operation, the issues, which the user is secured here from, the broker’s warranties. Starting to deal with the platform the customer automatically accepts the paragraphs of the «Rules». As any «User agreement» with a broker, this document contains many rules, which may produce different reactions and a set of questions from traders.
For instance there is the clause in Binary «Rules», according to which the broker reserves the right to deny the services to the customer, cancel them any time (these are, for example, trading transactions), if his activity is considered to be illegal. There are several reasons listed in the document which may effect such a broker’s decision, but this is not a full list – exactly that «but not limited to», see the screenshot below:
In other clause of the «Rules» it is explained what actions the broker will take in various emergency cases etc. So the company may stop the transactions performance with reference to, let’s say, unstable political situation, failures of communication means and so on. Stop trading and withdrawals the company may even at the slightest pretext, as here the wording «but not limited to» works see the screenshot below:
Besides, in case of any emergencies given in the screenshot above, the operator may close transactions by the price it considers appropriate for that given moment. The trader may not be notified about such actions of the broker.
Is Binary a scam?
Summarizing, we can definitely say that Binary is one of the most trusted brokers on the market today. The company has been in business for more than 17 years, and the trading conditions and their trading platform are extremely easy to use and attract a large number of clients. The minimum deposit is only $5, and the minimum bet is $1. They offer free trading signals, with which you can successfully trade on binary options using their platform.
The broker offers a large number of completely free options related to education and e-books on all aspects of trading, as well as a huge database of questions where you can find a solution yourself, by selecting the appropriate response to your problems. The binary broker is fully adjustable, and you can be confident in the safety of their investments. Binary is one of the most stable brokers on the market. For a long time, the Binary broker regulated by the MFSA, the Financial Services Authority of Malta.
The Binary broker has many years of experience in the trade industry and is extremely simple and comfortable to work with. This, combined with a reliable and highly customizable terminal, makes the Binary broker an excellent choice for trading on the market of binary options. Binary is a regulated and 100% reliable binary options broker.
The company provides an ample and totally free package of tools for self-education, which also speaks to their respect for their customers. The minimum deposit amount is only $5, so you can quickly start the process of trading with minimal investment. Binary deservedly takes its place in the top ten brokers on our website fraudbroker.com, and we are sure this broker is a great choice for traders from both Russia and the entire world.
I never believed your strategy works this perfectly and that i could ever make money out of binary trading. Thanks to Mr Bailey a true mentor of binary, for your excellent strategy you can feel free to seek for his advice at baileyaart1199 @ gmail . com and you can get back all your investment capital if your broker refuse giving you through his help and advice
List of the 11 Best Binary Options Brokers – Review 2020
The choice of a good Broker is undeniably one of the hardest steps to successfully trade as a beginner. My Binary Options Broker list and comparison can be very helpful here because the selection of brokers on the internet is quite large and therefore the chance to find a good broker. Find your suitable broker in a few moments in this honest review.
|2. Olymp Trade||(4.8 / 5)
|3. Expert Option||(4.8 / 5)
|4. Binary.com||(4.8 / 5)
|MGA, FSC, VFSC||5$||up to 100%+|
|5. Binomo||(4.7 / 5)
|6. Finmax||(4.6 / 5)
|FMRRC||250$||70 – 90%|
|7. BinaryCent||(4.3 / 5)
|✘||250$||80 – 95%+|
|8. Binarium||(4.1 / 5)
|✘||10$||70 – 85%+|
|9. Pocket Option||(4 / 5)
|FMRRC||50$||80 – 90%+|
|10. RaceOption||(4 / 5)
|✘||250$||70 – 90%|
|11. Ayrex||(4 / 5)
|✘||5$||70 – 85%||
Binary Options is a financial instrument to trade worldwide assets with the possibility of a high return on investment. It is like betting on rising or falling markets. There are only 2 options, that is why it is called “binary”. You can win a high return of 75 – 95% in a selected time horizon or you lose the amount of your investment. It is so popular because it is a way to trade the markets very fast (5 minutes or less) and easy. I have to mention here you can trade it longterm too.
For more information about the financial product and how it works read the article: “How are Binary Options are working?”
The criteria of the Binary Option Broker Review 2020
If you looking for a good broker, you should following the next steps when you check the company. Sometimes traders get scammed by a bad and criminal broker. With this review and comparison, we try to prevent it. Furthermore, Binary Options are very risky. You only should invest money, which you can afford to lose. You can check the following criteria for finding the best company.
Criteria for a good and reliable Binary Options Broker:
Reliability of a broker and safety for traders
It is important to look at how long the broker has been on the market. I easy checked it on the homepage from the financial companies. A good broker provides you with all the information which you want to know. Some companies got an international regulation or license. Also, this is good for reliability. In addition to that, I checked the address of the brokers in this review. As a trader, you want to see clearly an official address of the company. At latest a trader should trust a broker. If you are not sure, just invest a less amount of money first and check the platform by yourself.
Official regulation and license are very important
High payout and asset return of investment for Binary Options
One of the most important point to consider is the asset profit. The average of the payout in this review is 75-95% for each Binary Options trade. There are differences between the brokers. Every trader wants to make a high profit in trading. If one broker got less asset profit like – 5%, this can be a huge restriction to you possible profits.
Moreover, every time the payout depends on the traded asset. Normally the broker provides the highest payout on the most traded asset. In addition, the payout can dependent on the expiration time too.
Which broker provides the highest profit?
Free and unlimited Demo Accounts are necessary for every trader
The broker should provide you with a free demo account. This is an account with virtual money. It is made to practice the financial product and to test the trading platform. You can trade Binary Options without any risk with this virtual money. It is completely free to use. Also, traders can develop new strategies or improve their trading skills. Advanced traders or beginners try to trade new assets for the best success with this account.
Open your free demo account now.
On the other hand, sometimes the broker gives its traders trading tips for analysis or strategies. The demo account is perfect for practicing that new knowledge. Trading is very complex and often it is not easy to find the right way. This is the main reason for using a demo account. Most traders gain experience first before they invest real money. With own experience, it is possible to get a high profit with trading in the right direction.
How to open your real account
The opening of a real account should be as easy as the opening of a demo account. In most cases, it is very easy and fast. The broker requires some additional documents and data of the trader to proof their personality. Upload a picture/copy of your passport. Sometimes they require a utility bill. The broker will check the documents and verify your account in less than 24 hours. Important information: The broker only withdraws full verified accounts. (Not every broker requires this documents)
What do you need:
Review of the Binary Options Brokers support and Service for traders
As a trader, you need good support and service. Most brokers are showing experience and knowledge in Binary Options. The Binary Options Brokers in this review give you the best and fastest support. According to that, they give traders sometimes a good education with webinars, videos or strategies. For beginners, it is important to learn theoretically about Binary Options. It is a risky financial product.
You can learn the basics and advanced trading knowledge in webinars with experts. The most brokers first show you the basics like functions of candlesticks and the use of technical indicators. Usually, a trading platform offers more than 30 different indicators. Sometimes it is hard to find a good working strategy with them. In addition, they give you some advanced knowledge and information to rule the markets. Most brokers offer you a better education if your deposit is higher (see account types).
Another option of service is account types. For big traders with high deposits and high trading volume, some brokers offer different account types. As a trader, you can get great advantages. They offer you higher yields, better support, bonus or a cashback program. This is a way to get more profit in trading. For example, the broker offers you a higher asset profit of 5%. That can be very helpful.
The companies in this review offer you:
Diversity of assets and test of the Binary Options trading platform
I tested the trading platforms of the Binary Options Broker Review. In conclusion, they are very good and innovative. They give you a very good reaction rate which is important for short-term trading. You can use them for your computer or as an app for your mobile phone. In addition to that, they are very flexible and customizable. Use different indicators for the best strategies. As you see in the picture below I am using Bollinger Bands and the RSI. They are very popular.
First of all the trading dashboard is the most important point of the trading platform. You should be able to switch very fast between different expiry times and create new trades. Some strategies are designed to have multiple trades open at the same time. The brokers in my review provide you the fastest execution time. Secondly social trading very popular. In some trading platforms, you can copy the best traders of the broker and make an automatic profit. They show you transparently what they are trading and you can start copying them.
Another important point is the flexibility of the platform. An app should be available for mobile trading. On most platforms, you can customize the chart very easy. Thanks to the digitization, platforms are getting better and the brokers always try to improve them. Use free indicators and technical tools for your analysis. Moreover, you can use the newsfeed to trade exactly high volatility. Market news occurs every day – Why not use them to make money?
Facts of the Broker Review:
On the most trading platforms, you can trade Binary Options with forex, stocks, cryptos, and commodities. There is a big diversity of assets for you. The yields depend on the category of the asset. More often than not the most traded asset gives you the highest yield. You can easily see that on the platform.
Weekend Trading (OTC) and Cryptocurrencies (Bitcoin and more)
Each broker in this list provides the service to trade on the weekend. The platforms are open 24/7. Weekend trading is allowed and advocated. On the weekend you can trade Cryptocurrencies like Bitcoin, Ethereum, Ripple and Forex OTC charts. Cryptocurrencies are traded decentralized and the stock market is open 24/7 for them.
Especially attention should be paid to the OTC Forex charts. Normally the stock exchanges are closed on the weekend but the international internal bank market is working. The volatility is much less than in the normal working days Monday – Friday.
The first steps for your Binary Options success:
You should ask yourself these questions:
Deposit and withdrawal by a Binary Options Broker
Nowadays the deposit is easy like the withdrawal. Most brokers only need a small amount of money to open your real account and give you access to the market. Capitalize your account in few seconds with a credit card, bank wire, cryptocurrencies or other e-wallets. Today it is very simple. The withdrawal systems are working very good too. Sometimes it is fully automatic. Most companies payout in less than 24 hours. In addition in a lot of cases, there are not any fees for you. Another important fact is brokers only withdrawal verified accounts. So get your account full verified with the right documents as mentioned before.
Bonus Programs and conditions for traders
Bonuses are very popular in the section of Binary Options Brokers. Most companies offer a deposit or a no-deposit bonus. There are a huge diversity of promotions for traders. Mostly the bonus depends on the deposit amount or you can choose it manually. For example, some brokers offer a bonus of more than 200%.
It is a good way to top up your trading account balance and earn more money. You can trade with more risk and grow faster your account, but you should not forget the bonus conditions. Every time there are requirements for the bonus. For example, you do a deposit of 5000$ to your broker and trade with sensible money management of 1% of the account balance per trade. That means you invest 50$. Now you activate a bonus of 100% and additionally you get extra 5000$ and your account balance is 10.000$ now. At the moment you can trade with sensible money management with an amount of 100$ per trade. That sounds good and you grow your account faster as without bonus.
The deposit bonus is a good way to increase your account balance and to trader with more risk.
As mentioned before there are conditions of the bonus. Simply there is the requirement of turnover of the bonus amount. Sometimes you have to do a turnover of x20 and sometimes you have to do a turnover x50. It is important to read the bonus requirements. If you got any questions, you can ask the support. In most cases, you will see the requirements transparent on the platform.
Welcome Bonus for beginners
The no deposit bonus is named welcome bonus. There are different ways to get a welcome bonus. One way is to win a free demo contest (read more below) without any risk. You compete to other traders on the platform. The rules are easy to understand: Just try to get the highest account balance versus your competitors. If you win, the broker pays a high prize. It is like a welcome bonus because you do not invest real money.
On the other hand, as mentioned before the no deposit bonus is like a welcome bonus. There are a few brokers who offer this bonus. Just create your real account and activate the welcome bonus. The company gifts you any amount of money to your account balance but you can not withdraw the money. You have to do a high turnover of the welcome bonus like 30x or 40x. Recommend broker for a welcome bonus is Pocket Option.
Binary Options Tournaments
In addition, most brokers offer tournaments or demo contests for beginners and advanced traders. You must pay a fee to participate in a contest with a huge prize fund. The rules are very simple: You get a separated demo account where you have to get the biggest balance as possible. You will compete against other traders of the broker. Sometimes there is a prize fund of 100.000$ or more. Furthermore, it is not easy to win the contest because there are a lot of competitors.
The demo contest is a tournament without participation fee. That meant that the prize fund is much smaller than the paid tournaments. But it is a good way to earn money with a small amount of money (participation fee). If you are a successful trader, you can easily win these contests.
Countries for traders
Binary Options are not allowed in every country of the world. In addition, some countries forbid trades to use foreign brokers. Most brokers accept international traders, but there are restrictions for forbidden countries. You can not generalize it because the broker decides which customer he accepts.
Nowadays Binary Options become more and more popular for traders. It is a simple and efficient financial product. It is possible to generate a high payout in a short time horizon. Asian and Africa are growing very fast and people like the function of trading. The brokers in this review try to improve their service in this region of the world because the demand is very high. They improve their customer support with different languages and other services.
The fastest growing countries:
Are Binary Options legal?
Sometimes there are some restrictions to this financial product that depends on a particular country. Personally, I only know one area where Binary Options are forbidden. It is the European Union but some offshore and international brokers accept EU traders. It is like gambling on rising or falling markets and easy to understand. The EU tries to protect its citizens because there are a lot of scam brokers. To prevent a scam, use the best brokers of this review.
Find the best Binary Options Broker 2020 – Conclusion of my review
On this site, I showed you the idea of finding a reliable Binary Options Broker. In the list, you see the best companies in 2020. For successful trading a good broker is necessary. The company should allow you your own strategy of trading and give you good support and service. On most platforms, you can learn via education videos how Binary Options are working.
Also important is the execution of your trades. It should be very fast and with no delay. Usually, every broker does that. Nowadays as a trader, you can start with a small amount of money to trade Binary Options (10$ or less). It is possible to turn it in a high amount with the right strategy. In conclusion on this site, you can find the best and proofed Binay Options Brokers 2020.
Read more about them in my reviews:
I recommend this article if you can not choose between the most known brokers: “IQ Option vs. Olymp Trade vs. Binomo”
Broker Review: Olsson Capital
Today I’m continuing to analyze binary options brokers that are looking to provide traders with a new platform, Olsson Capital. This broker advertises its services as “CFD and Crypto currency trading that is easy, powerful and profitable.” The vendors constantly pursed the concepts of easy, reliable and supportive throughout the website because they want traders to feel at ease with their services, and open an account.
The broker, which opened its doors in 2020 is owned and operated by Carter Enterprises OU, which is located at: Roosikrantsi tn 2-K326, Keslinna city district, Tallinn, Harju county, 10119, Estonia. Traders can get in touch with the support team by emailing [email protected], or calling +359 2 437 4364 from Bulgaria, or +44 203 936 2524 from the UK.
Olsson Capital Review
The people behind Olsson Capital tell us that they understand the trading is a serious activity, but they have done everything in their power to make it “incredibly easy to learn and use.” They boast about their educational content, which includes traders TV, a free e-book, the glossary and a frequently asked questions section. The traders TV section comes across as an incomplete resource. In this section, there is a total of 12 videos, and if you add them all up, it comes to about 30 minutes of viewing. If they truly want to help traders get a better understanding of how to trade, they should be providing much more than just 30 minutes.
The e-books are a little more complete, but I have to say that I was expecting a lot more from the Olsson trading Academy.
Seeing as this is a new broker, there is still very little in terms of client feedback. I’m hoping that this review will give traders the opportunity to share their thoughts and experiences. Under the article, please tell us about the withdrawal process, or anything else you would like to share.
Olsson Capital believes the traders should use their platform because they have some of the sharpest trading tools in the box. They tell us that they have a top-of-the-line economic calendar, daily market news the video and blog reports, as well as a social trading function. While the economic calendar and market news pages work, the social trading link just takes us to the front page of the website again. It’s possible that this function is not available yet, but if that’s the case they should be telling us so.
The economic calendar is average at best. Personally, if I’m using a calendar like this I would rather go to Forex factory. As for the market analysis, this is underwhelming as well. This section is quite barren, with very few updates, many skipped days and the updates themselves aren’t as helpful as I would like.
While I still have interest in the Olsson Capital brokerage, I do find myself somewhat unhappy with what this broker is putting forward to the community. There are quite a few promises on the front page of the website that tell us they have top-of-the-line market analysis, trading tools and education. Yet, when I look at each one of these sections, they do not live up to the hype. That doesn’t mean that the platform is slow, or the withdrawals don’t come so I’m not going to totally condemn the broker, but there isn’t anything that’s compelling me to sign up.
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John Kane I am a full time binary options trader. I was able to leave my job in the last 5 years and dedicate myself to trading fully. I never thought my hobby and passion would make a living for me but I am grateful every day that it has. My main goal now is to communicate with the binary trading community, contribute to different websites and learn from other traders.
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38 Responses to Broker Review: Olsson Capital
Olsson Capital is a fraudulent company. Please do not get involved with this company for any reason. Initially, I wired 50K USD to them with the agreement that they were gonna trade with it and pay me instantly. It seemed to good to be true and I was sweet-talked into it. They asked for my bank details and told me to download anydesk on my computer, where they shared my screen and can see all my accounts and take the money from these accounts. They stole a total of 193K USD from my accounts and compromised my personal information as well.
They put me in a really terrible state at this time, I had to seek help from some specialist who helped me retrieve all my money asap from these basterds, reach them via support at 3dotmafia. com. I went through 6 analysts at olsson capital, all of them were super poor and their support can’t do anything cause they’re not even real. The traders don’t care if you lose a trade cause its all bout volume to them. I waited for good 5 weeks for a trader to call or email me before I began my move on them
Please please don’t use this company.
My relative has been scammed out of a significant amount of her retirement money but the crooks at Olsson Capital. Is there any recourse that we can take to recover these funds as it seems like even recovery companies are con artists. Has anyone successfully received their funds back or used a reputable company to assist with the process?
DON T BELIEVE OLSSON TRADERS.
I have lost 25000 usd in less than one month with the advises of 3 Traders from Olsson Capital
For all your testimony report to Europol website Cybercrime.
the address of Olsson Capital is in Estonia.
If they received different report they could be alerted.
I also invested in this broker, Olsson Capital. They kept on asking me to deposit more money. Then when I refused, they stopped picking up my calls! After loosing more money to lawyers and what not, I was finally able to recover my money with the help of a professional. Lesson learn’t! I’m happy to share my experience. Feel free to reach me on tgermaine173 at gmaiI dot com
Total scam. And complete rip off. Liars and robbing basterds. You will lose your money. Avoid.
They are confirmed scam as i have lost all my money. Do not believe those positive comments about them as it most likely is posted by them using aliases. I invested US$10,000 and they added bonus after i made $5,000. Then when i requested to withdraw the profit, they stated that their policy is that after a Bonus is given, i must trade 30x of Capital+Bonus before withdrawal can be made. When i further made some more money, they added some more bonus. So you can see, they are using this Bonus scheme to ensure you will never be able to make any withdrawal.
OLSSON CAPITAL ARE ILLEGAL FOREX TRADERS.
They are complete shite hawks…….they haven’t a clue about trading…..giving them a wide birth isn’t enough…..
DO NOT USE …. I REPEAT …DO NOT USE….
My experience with Olsson Capital: Signed up after a mate told me about how fun CFDs are. Thought I’d give it a dabble and see what happens. Deposited some money and got a call off an account manager, I had a nice chat and came to the conclusion that I didn’t want any help, I was just here for fun. Had a few trades, lost a few 100pound. Then the market suddenly took a turn for the better, and before I knew it I was £500 up! Crazy how such little movements can make you so much! I haven’t been back on yet, but the £500 paid for my holiday to ibiza.
CFDs are risky, so people might get salty about loosing. I am currently down, but I am still learning, so I will deffo recover!!
Olsson Capital are a bunch of con artists who employ unscrupulous traders, namely Kevin Walton and Alexa Stone. They should be ashamed of themselves picking on decemnt working class people with no chance of getting our funds back. AVOID AT ALL COSTS…….BE WARNED…. If you are issued with a VIP Contact like this one BE WARNED it is all a con and a worthless piece of paper. Bullying tactics have traumatised my wife and we are very upset to say the least
These so called Olsson Capital out of the blue started calling me and sending me mails that I should complete registration with them and provide my crédit account details. I immediately smelled a rat and told them straight away that they were scam as I neither registrered with them nor heard about them before. They were so insisting and persistent but everytime I refused to give in.
I thank God I never gave in to their pressure. I told them again and again that they were scamers. They left me alone only when I lost my temper and threatened to report them to authorities. I even told them what they were doing was illegal as under any circumstances, I am entitled to withdraw my registration, even they really meant I had registered on their website (which I by no means never did).
DO NOT INVEST WITH THIS BROKER.
You just CAN’T make any withdrawal from it. I made a withdrawal request in Dec, but over 2 months, I still haven’t had my money back.
I invested in Bitcoin in the website, but the charge is absolutely high, ie. 5%. When I invested $100, the payout will show only around $95. And the most tricky way is, it will stop your position at 23:59:59 every day. So if you want to continue your position, you need to post another position, another 5%. So how can one be able to gain with a everyday 5% charge?
And they never replied to your email.
Also, there are so many tricky terms in the agreement.
I have recently “invested” £2250 in Olsson Capital. I should have read the remarks made by your
THIEVES THIEVES THIEVES! DO NOT INVEST
Before assigning a young guy called Adam to advise on the trades and what to do, I asked him why isnt your company licensed? He answered me “You know these are marketing strategies our competitors do to diminish our role.” I, being on a director level of marketing and in the marketing field for 16 years found this answer bullshit and crap, It did not make any marketing sense to me. But I still invested and you can blame me for that.
The young guy kept calling and emailing me literally 3 or 4 times a day since there was a “hot deal with guaranteed profits on the same night”. Earn $3000 or $4000 in 4 hours. Who wouldn’t do it ha?
Initially I decided to take baby steps with this “Senior Analyst” who apparently is not senior not even an analyst. When this guy kept calling me asking me to invest with a guaranteed profit of 25 to 50% and it is a protected investment, I thought why not. I explicitly asked Adam, “if the trade loses, will I still get the money in my account and withdraw them any time. He said “YES OF COURSE!” I invested, specifically in Netflix that was on the rise. I asked him, “it is on the rise, why are we investing now?” He said “We have reports that show that the rise will keep going.” I wonder where these reports came from: just the next day the trade was all lost…
From that moment, I talked to Adam he said all is fine. Money will be in my account again tomorrow. Money was there, but I cannot withdraw them. So the protection and withdrawal are two totally different things. I sent an email to this young non senior non analyst Adam that I am paying interest for the bank and want my money back. I called him, I called the call center, I sent him emails, I sent a request on the online chat… All of these attempts were done more than 10 times in 1 week with no answer. I copied the compliance, and the sales girl “Charlie” to see where this young non senior non analyst is, with no answer. Eventually, a guy called me and informed me that Adam, the casper, asked him to call me to sort my case because my account is negative.
I am taking this legally. I did not work all of my life to secure Adam’s or anyone’s job.
Bottom line, DO NOT INVEST WITH OLSSON WHATEVER THE TEMPTATIONS ARE. DO NOT!!
Yeah, I’ve notice some initial backlash to the company – but there seems to be more and more positive reviews now? I’ve not had any problems with them, so they’ve either sorted themselves out, or the bots have stopped commenting negative stuff.
Also I read they are in the process of getting licensed
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