I came across this broker called FMarketCapital which is a binary options broker that was recommended to me by a binary options signals service.
There is not much information about them online, I couldn’t even find a review of them.
I am in America, and I want to trade with them because they will allow US Citizens to trade there.
What are your thoughts, should I trade with FMarketCapital, have you had any complaints about them?
The simple answer is that you need to trade with a CFTC licensed broker / exchange. Americans are not allowed to trade with offshore brokers, and there are many posts in the forum about americans who have used unlicensed brokers and ended up never seeing their money again.
We see the FMarketCapital is not licensed in the United States so you should not use them.
You should open an account with Nadex.com, which is the most popular legal binary options exchange in America.
Traders not in America, can check out the most popular brokers here.
Fmarket Capital is run by Iran nationals. The senior brokers give themselves names like David Green I doubt they are real names.
They are not licensed. The broker will potray that he is there to help you make money but the opposite is actually true. They will take losing trades and ask you to “urgently protect those trades” meaning that you have to keep investing while you are not even getting any returns! My advice stay far far away from Fmarket Capital, they are frauds!
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