Welcome to the WhatAreBinaryOptions.org Official Banc de Binary Review!
Banc de Binary is a World Finance company created in response to the financial crisis that affected so many countries around the world. The company’s founders had one goal in mind at the time: to provide an opportunity for traders to manage risk better while still having the benefit of making substantial profits. Those at the helm of this firm have several years of financial market experience combined and have managed to develop an innovative trading experience now enjoyed by clients in more than 100 countries. With a focus on simplicity and cutting edge technology, Banc de Binary values its client base like no other broker in the industry.
What’s Good About Banc de Binary?
- CySEC and FCA regulated since January 2013 and February 2013 respectively.
- The company has many awards under its belt, including Broker of the Year, Most Secure Binary Broker, and Best Platform.
- The Option Builder feature provides a high level of trade customization.
- There are many platforms to choose from (6 in total), including the popular 60 Seconds.
What’s Bad About Banc de Binary?
- The company does not accept US traders since the CFTC and the SEC have made it clear that, unless registered with them, it cannot legally operate within the country.
- To use the demo account, you must deposit $250 of your own money. If you wish to withdraw that money before having traded (for example, if you change your mind), your $250 may be subject to a 7% handling fee at the company’s discretion.
- Average bonuses and promotional offers available.
Our Full Banc de Binary Review
Banc de Binary came to life in 2009 and has since garnered the attention of traders worldwide. It is an award-winning broker who offers solid security features that are paramount to traders’ peace of mind. By being regulated by two highly respected agencies (CySEC in Cyprus and the FCA in the UK), this company proves that it takes its customers’ safety seriously by having to abide by rigorous requirements and regulations. In fact, Banc de Binary is a pioneer in the industry when it comes to registration; it was the first binary options company to ever obtain registration by CySEC.
The company’s commitment to excellent customer service and development of exceptional trading technology has caught the attention of traders but also organizations that have chosen Banc de Binary as a recipient of many awards since its beginnings in 2009.
Banc de Binary’s platform is accessible to both novices and advanced traders due to its intuitive functions and user-friendly navigation. As with most binary options platforms, this one is entirely web-based which means that as long as you have a secure internet connection and access to a computer device, you can trade anytime from anywhere in the world. For users of smartphones such as iPhone or Android devices, Banc de Binary has designed a mobile platform adapted to touch screen technology that offers the same sophisticated and advanced trading experience on which this company has built its reputation.
You can choose from over 200 assets from 30 countries in all four categories – currencies, commodities, stocks, and indices. With any ‘in the money’ trade, you have the opportunity to profit up to 90% of your original investment. Banc de Binary allows you to trade for as little as $1 up to $8,000, which is a major advantage, especially for beginners, as most brokers typically require a higher minimum trade amount.
Six different platforms are available, including Digital Options Pro, One Touch, 60 Second, Pairs, Long Term, and Ladder. Ladder is the newest addition and combines Binaries and Vanilla options. This offers customers another level of trading that is exciting and has incredible profitability potential by providing 5 strike prices on underlying assets. Each platform includes access to live trading quotes from the reputable Thomson Reuters Corporation. Traders can choose from 4 different account types: Micro Silver, Standard Gold, Personal Account Manager, and Premium. Banc de Binary also offers Islamic trading accounts for traders abiding by Sharia law.
With Banc de Binary’s automatic trade monitoring and email notification system, you will never miss a beat. Since not everyone has a schedule that allows them to monitor ongoing trades on a continuous basis, this service allows you to go about your daily routine with peace of mind that you will receive notification of any important information.
The company has put together a solid educational section with helpful tools for traders of different experience levels. From reading materials to video tutorials, you will find the information useful and insightful regardless of what learner type you might be. Advanced traders will particularly appreciate the strategies section. In addition to these tools, which are free for you to browse at your own convenience, you will also be assigned to an account manager when you sign up. This person can provide personal lessons and even advice about your trades.
Banc de Binary offers secure deposit and withdrawal methods via credit card, bank wire transfer, third party credit card, and E-wallet options.
Customer support agents are available through Skype, live chat, email, or phone on a 24-hour basis. Agents cover 9 different languages, including English, Greek, French, Italian, Russian, Romanian, Lithuanian, Arabic, and Spanish.
Banc de Binary is a trendy broker dedicated to providing the utmost customer service. While the firm caters to all levels of experience, advanced traders will certainly benefit the most from this company who offers complex and advanced trading methods to boost your profits. Banc de Binary may not be the most esthetically pleasing broker on the market but the level of services and options offered will have you hooked from the get-go.