BourseBinary experiences & test report
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The broker BourseBinary has just opened its doors to its trading portal. We've looked at the newcomer and reviewed it.
Table of Contents:
The most important facts about BourseBinary
BourseBinary is [source] person a new binary broker specializing in the trading of binary options. Forex or CFD trading is not possible through BourseBinary. Behind the broker, the company is Boursetrade Ltd. In Limassol, Cyprus, which has been operating on the financial market for more than 20 years. However, regulation by CySEC did not take place until 2014.
Due to regulation and registration at BaFin, however, it can be assumed that this is a serious broker and allows investors to trade safely. Traders have the option to choose between 70 underlying assets from year describes it the groups equities, indices, commodities, currencies and pairs. Available as trading options are call / put options, one-touch and no-touch options, boundary options, and turbo options. It is particularly advantageous that the loss protection next page at can be individually selected. Depending on how high this is fixed, the return will be less likely.
The broker offers four different account types. The minimum deposit is £ 200 for the base account, which is relatively high compared to other binary bureaus.
There is still some need for improvement in some areas. So the information on the homepage is quite poor and [source] this much is still unclear. However, in the broker's favor, we assume that a lot will be improved and changed in the near future.
The broker BourseBinary is a trademark of Boursotrade Ltd. In Cyprus, which is regulated and supervised by the Cyprus Securities and Exchange Commission (CySEC). The license 235/14 was awarded to the company on 26.5.2014.
As Cyprus all more is part of the European Union (EU), the Boursetrade is automatically subject to the European Markets in Financial Instruments Directive (MiFID), so that all customer deposits are hedged across MiFID's European-wide fund.
For customers, this means a high degree of security since brokers are required to manage all customer deposits separately from the company's assets in a trust account. In case of insolvency, these funds discover more his will not flow into the insolvency mass.
In addition, Boursetrade Ltd. At the German BaFin (Federal Financial Supervisory Authority), on the list of cross-border financial services providers. Is regulated