BancoCapital is a binary options trading platform that provides great tools, features, assets and education on a user-friendly platform. They take great pride in their approach towards traders and providing the best trading experience possible. BancoCapital review will give traders introduction to investing with this broker, who is very popular in binary options industry.
Broker is regulated by FMRRC with license number №JFTW RU 0395 AA Vv 0099.
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BancoCapital is a broker that provides only basic trading account that is available with $250 minimum deposit. The broker doesn’t charge any registration or deposit fees which are always good news. Upon the depositing, traders may be offered a bonus or another type of special promotion.
Traders who decide to make a deposit with this broker can expect desktop-based trading with the great educational center to improve their skills. BancoCapital review stated that registration process is very easy and convenient. Traders first have to fill the registration form with all necessary data like name, country, email address, username etc. During registration process trader also has to choose a currency that will be used for depositing, withdrawing and trading. There are USD, Euro and JPY available, but once the decision is made, the currency cannot be changed. This rule exists in order to avoid manipulation with exchange rates and can be considered necessary for both brokers and traders. After this process is done, the trader gets confirmation link to a stated email address, and after the deposit is made, trading can take place.
BancoCapital review also showed that this broker offers various bonuses for new and regular customers. Bonuses are considered to be special promotions and they require 30x turnover in order to be withdrawn from the account. This rate is considered to be average requested by most of the brokers.
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BancoCapital is using popular SpotOption platform that is considered to be the most popular among binary traders. This platform is very user-friendly and provides an amazing overview over existing, past and potential future trades. Traders can select among most popular types of binary options: classic high/low, pairs, long-term, ladder, 60seconds, and one touch. In BancoCapital review was noticed that they support SpotFollow as well. SpotFollow is a useful feature for social trading that enables traders to copy trades of the most successful traders on the platform. This way, even beginners can trade in more safe and profitable way.
Expiry times can satisfy all traders as there are many expiration dates for both long-term and short-term trading: 60 seconds, 90 seconds, 120 seconds, 15 min, end of the week etc.
For now, BancoCapital doesn’t support mobile platform, but according to the website, traders can expect this useful feature soon. The website is easy to navigate and explore, which many users will find effective for introduction with this broker as there are no pop-up windows or other distracting content.
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In BancoCapital review, FBO team found out how this broker enables selecting one of three popular languages: English, Japanese and Russian. The button for language changing is placed in the usual upper-right corner. Many traders will be happy to hear how this broker provides customer support 24/7, which means that traders can contact them at any moment, no matter where they are. Most brokers provide only limited customer support when it comes to working hours, so this is a pleasant surprise. Customer support can be reached via email, live chat, online form available on the platform, or phone (Switzerland and Estonia only).
BancoCapital emphasizes the importance of knowledge, and all registered traders can access educational library that contains useful videos, ebooks, and courses. There is also special video channel SuperTraderTV, also available only to registered users. Customers can also get a great overview of what binary options are in FAQ section. FAQ answers most important questions but also gives great info on the thing that every trader is interested in: what are the investing limits, deposit methods, expiry times etc.
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BancoCapital review showed how this broker is in the ownership of two companies: IVA Markets OU, Estonia and her sister-company IVA Progress LTD BancoCapital, Switzerland.
Deposits and withdrawals can be done via credit/debit cards or bank wire. When it comes to credit cards, the minimum deposit is $250, but the maximum deposit is limited to $5000. If a trader wants to use bank wire, the minimum deposit is the same, but there is no maximum deposit. For traders who choose Western Union transfer, maximum deposit is $10,000 (or equivalent amount in another currency available).
In BancoCapital review the research showed how there is no minimum withdrawal with this broker. Withdrawing is free of charge, except when it comes to bank wire withdrawals that are charged $25 fee. All requested withdrawals are processed within 3 working days, but it may take additional 2-4 days for the funds to be visible on the banking account, depending on the method selected. Traders must also count on fees that are sometimes charged by the bank, and not by the broker.
We make it our mission to not recommend anything but the best – which, according to industry experts, is FXMasterBot, a trading software that lets YOU choose the broker and also provides fast, reliable and FREE trading signals!
