It is a broker based in New York, but has offices in 80 countries. Banc De Binary review found the offices situated in Europe, North America, India, Asia and the Middle East. Banc De Binary is licensed by the Cyprus Securities Exchange Commission. It also holds FSA and FSB licenses.
Min. Deposit: $250
Trading Platform: SpotOption
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Banc De Binary Options Broker at a Glance
It is an old company if we compare it with most of the brokers available today. Banc De Binary had time to make a reputation. Being on the market for a few years provided Banc De Binary with senior personnel. Judging from Banc De Binary motto, they focus on technology and markets. The broker was founded after the financial crisis in the late 2000s. It caters to a wide range of sectors in addition to the private one, such as commercial banking and financial.
Banc De Binary Accounts Review
The smallest account that can be created with Bank De Binary is called the Micro Account. It starts from $250. Banc De Binary review has shown the availability of a demo account. It can be accessed only after creating a real account and depositing the minimum amount. Micro Account account offers a lot of facilities. It allows investors to trade Forex, stocks, commodities, futures and indices. The Banc De Binary clients also receive news updates and market information. There are three additional accounts, each having an increasing number of facilities.
The VIP account also includes trading signals and coaching by professionals. VIP package has a concierge service, tutorial sessions, money management and access to all the types of option contracts.
Banc De Binary Reviews of Trading Platform
Banc De Binary review showed that it is not similar to brokers that put main focus on simplicity and intuitiveness. When it comes to the trading platform, this broker wants to have the most professional and complex platform available. A number of 90 assets are offered. This includes:
- Forex currencies
The speed with which the transactions are confirmed is noticeable. The latest security protocols are used and the bet encryption technology is available.
Banc De Binary Broker Deposits and Withdrawals
Money Operations can be realized by credit cards, debit cards, wire transfer, AlertPay and Skrill. Withdrawals can be processed in a short amount of time. A number of steps needed to complete the process is reduced, making it easy and straightforward.
Banc De Binary Review Conclusion
Banc de Binary does business in more than 80 countries and has a number of 20,000 customer accounts. This number of customer accounts can be misleading. As it fails to distinguish private and corporate investors. It has to be kept in mind that some of the customers are corporations, banks or institutions that transact significantly higher volumes than private consumers. Banc De Binary also offers services that are more related to banks than to brokers, such as: private, corporate and investment banking, money management and securities brokerage.
The platform lacks simplicity. It is not made specifically to rookie traders, as Banc De Binary wants to provide solutions to brokerage firms and international financial companies. The speed of the platform shows that it is for professional use and can be appreciated even by the most picky users. The reputation and sheer size of this company makes it receive a recommendation and all users can rest assured that they will receive professional facilities.
Jan 2017 update: Unfortunately, Banc de Binary is not accepting new clients anymore.