Want to invest and earn with binary options trading?
Have you heard about BOCapital and are unsure whether this is a scam?
Binary options can indeed be an opportunity for earning money from the comfort of your home. It is an exciting and dynamic investment, yet definitely one that involves risk. BOCapital might not be the best broker to work with, and learning how to properly select a broker is an important first step.
Is BOCapital legit?
BOCapital is a small binary options broker, and has so many flaws to it, that one has to wonder how it has managed to stay in business. Binary options is a speculative financial derivative and succeeding on a long term basis demands some learning and acquiring of trading skills. there is no reason to add to the risks by choosing a lesser broker.
Before listing all that requires improvement in the BOCapital site, here is what you should expect and demand from your investments firm.
Leading Binary Options Brokers
Banc de Binary is the safest place to invest in binary trading, and therefore should be your first choice. The only broker to be fully regulated both in Australia and in Europe, this corporation is the only one to give you the true guarantees you need to trade without worries. Besides this very major benefit, Banc de Binary offers a variety of other advantages, tutorials, guidance and experience. Chose this broker to enjoy a 100% cash bonus:
OptionBit gives you free access to a trading tool that is equal to none in the binary industry. This signals service, developed by OptionBit to adapt specifically to binary trading, identifies the trade most likely to bring you more profitability. Not only does this software, known as Algobit, scan the stock markets in search of great opportunities, it also executes the trade for you, and all you need to do is approve each transaction and relax:
If you are a USA citizen, the best broker for you is RedWood Options. This safe binary options broker offers the best and most well-respected one-on-one training sessions. If you wish to become a serious trader and are currently fairly inexperienced, RedWood Options team of professional financial advisers will be excellent for you. In fact, you can sign-up to their free webinar to get started with your trading success:
BOCaptial is neither regulated, nor does it offer any of the many tools that the serous market leaders give you, for free.
What is BOCapital
This binary options broker is your typical small white label company, at times being run by a single person from the comfort of their home. It offers no educational material, and leaves customers clueless as to the whereabouts of the company or its country of origin.
BOCapital’s “About” page is a somewhat scary combination of a dark font on a dark screen, making it almost impossible to read and showing great lack of professionalism. The entire site is full of technical flaws which make it very uncomfortable to use and easy to mistrust.
Although it is supposed to be available in French and Spanish, as well as English, any attempt at accessing the site in a language other than English also causes a series of issues when attempting to navigate the content.
All these problems, and the clear lack of investment in the site’s infrastructure are excellent reasons to avoid this binary options broker, which needs to vastly improve in order to compete with the market leaders of the binary trading market.
Complaints Against BOCapital
There are no reports to indicate that BOCapital is a scam. although complaints about the customer service in general and withdrawal policies in particular have been voiced against this broker, it is not enough to consider it a scam.
Rather, most probably BOCapital is simply an inexperienced binary options broker with a poor package of benefits, if any. Since binary options trading is speculative and involves much risk, traders that chose to work with BOCapital most likely lost their investment, and this has caused aggrevation.
Yet there is reason to believe that a serious and experienced trader can use the trading platform as offered by the BOCapital site and earn money consistently. Except that, a knowledgeable trader probably will not choose this company to begin with.
BOCapital Scam Summary
Nowadays, the binary options industry offers highly advanced tools, strategies, platforms and sites to trade with. These enterprises offer you a comfortable trading experience, as well as a vast selection of tutorials and assistance. It is advisable to work with such binary brokers, which offer both a larger asset index, as well as the optimal conditions to attain and maintain success.
BOCapital is very far behind in practically every aspect of the binary trading markets. Although not a fraudulent company, it is highly unsafe, possesses no regulation or licensing, and offers no training, tutorials and guidance.
In terms of the list of currencies, stocks, commodities and indices, its array of options is below average and the content of the site as a whole is very lacking.Until major improvements are implemented by BOCapital, it is recommended to invest in larger and more serious and safe binary options brokers.