EXT Capital is a fairly new player on the binary option field. Until recently, they only offered spread betting and contracts for difference (CFD).
Is EXT Capital suitable for micro traders?
The minimum deposit is £100 and the smallest trade size is £10. While this is within the scope for many small-scale hobby traders, it should be noted that there are binary options brokers that will allow you to get started with a mere £10 first deposit and make trades as small as £1. A minimum trade size of just £1 instead of £10 makes it much easier for micro traders to spread risk.
Maximum trade size at EXT Capital is £5,000.
Binary option types
These are the main binary option types available at EXT Capital:
High/Low. The basic type of binary option. The the price of the underlying be higher or lower than now when the option expires?
If you want a very short timeframe, pick a High/Low from the Short Term subcategory. They can be set to expire as quickly as in 1 minute.
If you want an extra long timeframe, pick a High/Low from the Long Term subcategory. They are available with spans up to 1 month.
One Touch. One touch at the set price point is all it takes for this binary option to pay out.
No Touch is not available at EXT Capital.
Spread High / Low. Similar to High / Low, but the strike price is a little bit above or below the purchase time level. When it pays out, it pays 100%.
Trading platform for binary options
EXT Capital has a separate trading platform for binary options only, separate from the other types of trading they offer.
You can sort the assets based on which binary options that are available for them, which is a handy feature.
Without making any deposit, you can sign up for an EXT Capital demo account and get free play-money to play around with. Check out what EXT Capital has to offer, how the trading works and how you like the tools and features – all without risking a penny of your own money.
EXT Capital mobile apps specializing in binary options are available for iOS and Android.
Signal service is not available
Deposit and withdrawal
Credit cards and bank wire transfer are accepted for transactions.
Your first 5 withdrawals in a month have no withdrawal fee. From the 6th one, the withdrawal fee is £10.