Banc de Binary Review

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Overview

Last Banc de Binary review update: 20th February 2017 Leading the revolution in binary options trading, Banc De Binary has gone from strength to strength over the years. Their educational… more

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Broker Details

Broker	Banc de Binary
Website URL	www.bancdebinary.com
Founded	2009
Headquarters	Cyprus
Support Number	44-2070992097
Support Types	Email , Phone , Live chat
Languages	English , French , German , Spanish , Italian , Arabic , Russian , Portuguese
Trading Platform	Spot Option 2.0
Minimum 1st Deposit	$250
Minimum Account Size	$250
Promotions	Up to 100% Welcome Bonus
Payout	90%
Free Demo Account
Regulated
Regulation	CySEC under license no. 188/13.
Deposit Methods	Credit Cards , Wire Transfer , Skrill , CashU , Boleto , DineroMail , POLI , POLINZ , QIWI , China Union Pay , Webmoney , Yandexmoney
Withdrawal Methods	Credit Cards , Wire Transfer , Skrill
Number of Assets	200
Type of Investments	Commodities , Stocks , Indices , Currencies
Option Types	Bronze , Silver , Gold
US Traders Allowed
Mobile Trading
Tablet Trading
Overall Score	4.5

Pros

Up to 100% Deposit Bonus
Over 200 assets to trade
Up to 90% Payout
Quick withdrawals
Fully Regulated Broker by CYSEC

Cons

Not demo account
They don't accept clients from USA and Australia.

Full Review

Last Banc de Binary review update: 20th February 2017

Banc de Binary is out of business since 1st February.

Check our list of top binary options brokers.

Leading the revolution in binary options trading, Banc De Binary has gone from strength to strength over the years. Their educational resources, and user-friendly trading platform, have empowered thousands already to profit from the financial markets. With a total of five trading modes, and an impressive selection of tradable assets, Banc De Binary remains a superb choice for high profits, and managed risk.

Trading Platform

Contents

Over 200 tradable assets are available on the platform. A full list of available assets can be found on their website. These assets fall into four groups: Stocks (ex: Facebook, Apple, Alibaba…), Indices (ex: NASDAQ, Dow Jones, Nikkei…), Commodities (ex: Oil, Gold, Coffee), and Forex (EUR/USD, USD/JPY, GBP/USD…)

Assets can be traded in five modes:

Binary Options Classic – Choose your asset, the investment amount, and decide whether the price will be higher or lower after a set period of time. Potential payouts can be as high as 70%-80% return on investment.

60 seconds mode – Profit in as little as sixty seconds.

Long-Term mode – For those with a long-term insight on the market’s movement, this mode provides options which last as long as 9 months.

Pairs mode – Based on the classic method of trading currencies, this mode is unique in that it allows you to set assets from different groups against each other (ex: a commodity paired against a stock, or an index paired against a commodity…)

Education

Banc De Binary offers a wide variety of educational resources to enable new traders to get acquainted with what drives the financial markets. Educational materials include:

Videos – covering the basics of technical analysis and fundamental analysis.

Personal Account Manager – once you are set up with an account, and have made your initial deposit, you are assigned to a personal account manager that provides market insight, and day-to-day updates.

Educational Articles – covering a wide range of subjects, including how different markets and assets affect one another.

Webinars – Financial analysts invite clients to join live webinars to learn about trading. These webinars also include a Question and Answer portion.

Deposits and Withdrawals

There are absolutely no fees for depositing or withdrawing funds into your trading account. Any funds deposited can right away be invested in the financial markets. The minimum deposit is 250 (USD, EUR, or GBP). Credit card, debit card, or bank wire transfers are all acceptable methods of depositing or withdrawing. Third party online methods are also an acceptable option for money transfers. Please note, for security purposes, Banc De Binary requires that withdrawals be done via the same method as the deposit was done.

Regulation and Customer Service

Banc De Binary is licensed by the Cyprus Securities and Exchange Commission (CySEC), and regulated in the European Union. Customer service agents are available in 8 languages, including: English, Italian, Spanish, German, French, Russian, Arabic, and Portuguese. The firm has received many awards for its superb one-on-one assistance via Phone, Skype, Email, and Instant Messenger.

Banc de Binary Test:

Our financial team have had returns up to 86% with Banc de Binary. All withdrawals were processed within 3 business days.