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  1. #1
    Administrator Martin Kay's Avatar

    GCM Binary Live Discussion Forum !!!

    Click here to read or submit customer reviews about GCM Binary
    GCM Binary Forum Share and Research Binary Options information and communicate with other Traders. All Traders are welcomed. Feel free to start a live Discussion or ask Bots.com team questions.

  2. #2
    Veteran Member Dan21's Avatar
    I found that GCM Binary is a subsidiary of Gallant Capital Markets and so it is part of a regulated company. Do you know what the bonus for new deposits there is?

  3. #3
    Rookie Member
    Hi Dan21,
    I asked them and in their live chat and receive the answer that they have 25% bonus and you have to trade 30x before withdrawal. It is fairly small amount and if you are searching for bigger bonus check somewhere else. From the other point of view it looks safer that GCM is part of a regulated broker company..

  4. #4
    Veteran Member Dan21's Avatar
    Thank you, philldot! It looks really small but will see. They have very nice demo platform to practice before go live.

  5. #5
    M.J
    M.J is offline
    Veteran Member M.J's Avatar
    I have tried their demo account. It is pretty easy to register for demo account and start practicing. But they only allow high-low binary. They have written about one-touch but I cannot find any way to trade with one-touch rules.
    Trading interface is user-friendly.

  6. #6
    Legendry Member Michael Hodges's Avatar
    Quote Originally Posted by M.J View Post
    I have tried their demo account. It is pretty easy to register for demo account and start practicing. But they only allow high-low binary. They have written about one-touch but I cannot find any way to trade with one-touch rules.
    Trading interface is user-friendly.
    I have found one touch to be over rated. The moves usually required for such an option to trigger payout are large. I think in most cases, unless the market is trending strongly, that one touch is as much gambling as 60 second options. I think that sell-now and extend are better features to look for in a broker,as well as reliability and financial safety.

  7. #7
    Junior Member nick_ross's Avatar
    I have also tried their demo, one of the very few available for free out there.. but didn't like it very much.. it seems so oversimplified, and so small number of available instruments and expirations. I read last article by Bogdan and think that paper trade is the only way to demo trade before starting. The problem is that in most cases you have to register for account with your broker in order to receive access to the available options.

  8. #8
    Rookie Member
    Hi guys,

    On the GCMBinary website is written that there is undergoing updates and it redirect to the forex broker Gallant Capital Markets. Do you know something? What is happening with them? Just reorganizing or totally went out of the business?

  9. #9
    Junior Member howard1's Avatar
    I am not sure. I asked them several week ago by chat because I had a demo account with them but now it is not active more. They told me that as part of Callant Capital they reorganize the business, but didn’t tell me will they offer binaries again

  10. #10
    Specialist Member runneroption's Avatar
    I think they are closing the binary business. They were not very good broker despite they have the regulations and it is not surprising they close it. It is not enough to have experience in the forex business to start successful binary options business. The are quite different from each other.

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