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Banc de Binary Review

Banc de Binary
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Overview

Introduction Banc de Binary is a binary options trading brand owned and operated by BDB Services Ltd since March 5, 2013. The company was established in 2008 and its headquarters […]

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Full Review Details

BrokerBanc de Binary
Website URL NEWhttps://bancdebinary.com/
Founded2008
HeadquartersVictoria Corporate Suite 108, Premier Building, Mahe, Seychelles.
Support Number+44-2070992097
Support TypesTelephone, Live Chat, Email, Skype
LanguagesEnglish, German, Italian, Spanish, Russian, Arabic, Portuguese, French
Minimum 1st Deposit$250
Minimum Account Size$250
Minimum Trade Amount$25
Maximum Trade Amount$3000
Bonusup to 100%
Payoutup to 85%
Free Demo Account No
Account TypesMicro Silver, Standard Gold, Personal Account Manager, Premium
Deposit MethodsBank Wire, Credit/Debit Card, E-Wallet
Withdrawal MethodsBank Wire, Credit/Debit Card, E-Wallet
Number of Assets100+
Expiry Times30s, 60s, 120s, 30m, 1h, 2h, 4h, 8h, 12h, 2d, 3d, 4d, 5d, 7d
Types of AssetsCurrencies, Commodities, Indices, Stocks
Option TypesBinary Options, Pairs, Long Term, 60 Seconds
Account CurrencyEUR, USD, GBP
US Traders Allowed No
Mobile TradingYes
Tablet TradingYes
Overall Score83

Screenshots

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Pros

  • Multiple Languages
  • Mobile Trading
  • High Payouts

Cons

  • Unclear on Regulation

Full Review

Introduction

Banc de Binary is a binary options trading brand owned and operated by BDB Services Ltd since March 5, 2013. The company was established in 2008 and its headquarters are located at Victoria Corporate Suite 108, Premier Building, Mahe, Seychelles.

Banc de Binary is one of the revolutionary companies in the global financial markets being among the first that pioneered binary options trading. The company has more than 250,000 account holder in over 80 countries.

Bonuses and Offers

Banc de Binary has a range of trading offers and bonuses to its new and existing clients. Its bonus to new clients ranges from 50%-100% depending on account type and compatible with using our binary signals service or you can utilise your own trading strategies using this binary options broker.

Account Types

The Micro Silver account has a minimum first deposit of $250, but does not include 100% signing bonus, among other benefits. The maximum account balance for this type of account is $5,000.

For deposit amounts above $5,000 all the way to $35,000 this qualifies for a standard Gold account and attracts up to 100% in signing bonus.

Personal Account Manager Reserved accounts require a minimum of $35,001 all the way to $50,000 while anything above $50,000 makes it a Banc de Binary Premium account.

Trade Types

Banc de Binary has four of the most common types of binary options available for trading on its platform.

  • Binary Options: The traditional call/put binary options with payout up to 85%. You only need to predict which side the price of the underlying asset is likely to move on option expiry.
  • Pairs: Compare the performances of two assets and predict the one that is likely to perform better for profitable payout.
  • Long Term: These are the best binary options for traders who like to take a look at the fundamentals affecting prices of underlying assets as well as news events.
  • Sixty Seconds: with this type of binary option, you get to turn in profits by the minute. They are the definition of binary options in terms of frequency of opening and closing trades.

Asset Types

One of the biggest benefits associated with trading in binary options is the ability to trade in a variety of assets on via the same platform. At Banc de Binary, Binary options traders can trade in Currencies, Commodities, Indices and Stocks, selected from several markets across the world.

  • Currencies: AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, AUD/USD, CAD/JPY, EUR/AUD, EUR/CAD, EUR/GBP, EUR/JPY, EUR/USD, GBP/CHF, GBP/CAD, GBP/JPY, GBP/USD, NZD/JPY, NZD/USD, USD/CAD, USD/CHF, USD/JPY, USD/MXN, USD/RUB, USD/SGD, USD/TRY, USD/ZAR
  • Commodities: Coffee, Corn, Gold, Oil (Brent, Crude), Platinum, Silver, Sugar, Wheat
  • Stocks: 3M, AIG, Alibaba, Allianz SE, Amazon, ANZ Bank, Amazon, Apple, Axis Bank, Banco Santander, Bank of America, Barclays, Bayer AG, BHP-AU, BHP Billiton, Baidu, BlackBerry, BMW, BNP Bank, Boeing, BP, BAT, Caterpillar Cheung Kong, Citigroup, Coca Cola, Commonwealth Bank, Daimler AG, Danone SA, Deutsche Telecom, Disney, eBay, Exxon Mobil, Facebook, FIAT, Gazprom, General Electric, Goldman Sachs, Google, Groupon, HSBC (HK), HSBC Holdings, IBM,ING Group, JPMorgan Chase, KEC (SA), Las Vegas Sands, Leumi, LinkedIn, Louis Vuitton, Lukoil RS, McDonald’s, Micron, Microsoft, Netflix, Orange SA, Petrobras, Pfizer, Publicis Group, Renault, Rio-AU, Rio Tinto, Rosneft, S-Bank India, SAB Miller, Saudi Basic Industries, Saudi Refineries, SBERBANK, Siemens AG, Starbucks, TATA Motors, TATA Steel, Tesco, TEVA TA, Total SA, Toyota, Twitter, UBS, Unilever, Vivendi SA, Vodafone, Volkswagen, Volvo, Wal-Mart, Westpac, Wynn Resorts, Yahoo
  • Indices: ASX, ASX Future, Bombay SE, BOVESPA Future, DAX, DAX Future, Dollar Index Future, Dow, Dow Future, Dubai, FAZ-Short Banks, France 40, France 40 Future, FTSE 100, FTSE Future, Hang Seng, Hang Seng Future, IBEX, IBEX Future, Jakarta SE, KL Future, Kospi, Micex10, NASDAQ, NASDAQ Future, NIFTY, NIFTY Future, Nikkei 225, PSI 20, Qatar, Shanghai Composite, Shenzhen 300, SMI Future, S&P 500, S&P Future, SSE 180, STRAITS Times, TAIEX, Tel Aviv 25, TNA Long X3, TZA Short X3, VIX

Trading Tools

It has become a custom among binary options brokers to provide various trading tools and guides to their clients and Banc de Binary has been one of the leading providers.

Education Resources

The company’s trading platform offers free video courses, a free eBook and an academy. Traders can also learn the basic lessons about binary options as well as various terminologies used by binary option traders direct from the platform. There is also a financial glossary and a very comprehensive FAQ.

Market Data

Up to date market information is as crucial as the trading guides themselves and Banc de Binary has taken the step to ensure that its clients do not have to shift from the platform in search of the latest news and market events.

The company has a trading calendar highlighting all the major global economic events as well as the potential assets that could be affected.  There are also market review videos, market analysis articles and a blog which is updated daily with trading insights.

Tech/Gadgets

Banc de Binary has launched apps for Android and iOS devices to enable on-the-go trading, a key feature in today’s global financial markets. Both apps are available for download from the Android market and Apple App store.

Deposits and Withdrawals

Deposits

Traders can deposit funds in their trading accounts via three methods which include bank wire transfer, Credit/Debit cards (Visa/MasterCard/Diners Club International/Maestro), and E- Wallets (MoneyBookers/UnionPay/CashSafe).

The minimum deposit at Banc de Binary is $250 for any method of deposit used while the minimum amount tradable per position is $25. The maximum that a trader can invest per position is $3,000. Trader accounts can be either USD, EUR or GBP.

Withdrawals

Banc de Binary does not charge for withdrawals regardless of the method used. Traders can withdraw funds from their accounts via wire transfers, credit cards and MoneyBookers.

First time withdrawals may require various documents for identification and physical address verification depending on the form of withdrawal method used.

Support

Banc de Binary support team can be reached via four ways which include telephone, email, skype and live chat.

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© Copyright

RISK WARNING:The past or recent trading performance of any stock, security, commodity or derivative is not necessarily indicative of future profits/losses. We do not and can not guarantee that use of our Services will generate you profits. We do not and can not take responsibility for any losses to your accounts. You must trade and take sole responsibility to evaluate all information provided by this website and use it at your own risk. All trading information we provide is intended as trade assistance only.

Risk warning: Trading in financial instruments carries a high level of risk to your capital with the possibility of losing more than your initial investment. Trading in financial instruments may not be suitable for all investors, and is only intended for people over 18. Please ensure that you are fully aware of the risks involved and, if necessary, seek independent financial advice. You should also read our learning materials and risk warnings.

Disclaimer of liability: The website owner shall not be responsible for and disclaims all liability for any loss, liability, damage (whether direct, indirect or consequential), personal injury or expense of any nature whatsoever which may be suffered by you or any third party (including your company), as a result of or which may be attributable, directly or indirectly, to your access and use of the website, any information contained on the website