In another sign that binary options are being embraced by mainstream forex brokers Gallant Capital Markets (GCM) just launched its binary options offering – GCM Binary.
Binary Options is a easily marketed instrument which attracts broader range of clients than forex and for many brokers serves as a step up (kind of a demo) to attract future forex clients. Binaries although quite popular are still representing a small portion of the forex market and typical user LTV (life time value) is substantially lower than in forex. This is however improving and several large forex brokers are going to launch their own binary brands/offering quite soon. When that happens LTVs are expected to rise and binaries should become more popular thus reducing market education costs and potentially pushing down the acquisition price.
GCM Binary is using the platform provided by Markets Pulse.
Dear Valued Client,
Gallant Capital Markets (“GCM”), one of the world’s leading providers of Forex trading technologies and services to private and institutional traders is pleased to announce the launch of their newest brand – GCM Binary. GCM Binary offers investors the ability to trade Stocks, Indices, Forex, and Commodities through an uncomplicated software-free experience!
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What are Binary Options?
Binary Options are instruments that allow traders to speculate on the market action of a certain Stock, Commodity or Index over a certain period of time. Each option has both a start time and end time to trading, followed by an expiration time when the option expires and a gain or loss is realized.
Trade with a Regulated Broker
GCM is authorized and regulated by the Financial Services Commission (“FSC”) under the Securities and Investment Business Act, 2010 (“SIBA”) in the British Virgin Islands (“BVI”).
About GCM Binary
GCM Binary is the Binary Options trading site for Gallant Capital Markets. GCM Binary utilizes the easiest and most secure Binary Options trading platform which can be accessed directly from your web browser without having to download software. Trading at GCM Binary is suitable for both advanced and novice users, through a very carefully designed, easy-to-use interface.