Banc de Bianry Review

Overview

Banc de binary was launched in 2009 and it is is one of the earliest binary option brokers. It has a $250 minimum deposit requirement, while minimum trade size is only $1! It offers a demo account once a real account is opened and competitive payouts. More specifically, it offers 70% to 91% payout on short term trades, and up to 500% on One Touch type binary options. It is regulated to operate within the EU, as well as licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC). Banc de Binary offers the best to its clients without over-promising anything. Deposit bonuses offered can be up to 100%. It also offers refund on losing trades, up to 15%, but it doesn't accept US clients.  Overall, this broker is highly professional in its services and this is why it has become so popular in over 80 countries.

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Trading Platform

Being one of the leaders in the binary options market, Banc de Binary offers a very reliable trading platform, supported in many languages. Banc de Binary offers many features, including the now popular Option Builder for highly customized trades, early closure, double up, roll over, and even the versatile Ladder trade option. It also offers pair options on many stocks. The assets are rather limited in number, less than 100, but it offers many trading tools. So many in fact that is amazing in how many different ways one can utilize them. The platform also supports mobile trading, even for the most demanding trader on the move.

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Safety of Clients' Funds & Regulation

Banc de Binary is licensed and regulated by the CySEC, which means that all clients’ funds are kept safe in separate accounts. Regardless of unexpected market events or even in the unlikely event where the broker itself becomes insolvent, deposits will still be safe. This broker complies with extensive EU regulation surrounding all transactions, anti money laundering rules and safety of clients deposits. This broker is also regulated by the Financial Services Authorities (FSA) in the UK.

Deposits & Withdrawals

Deposits and withdrawals can be made through many credit cards, bank wire transfer or Skrill. The company has a very good reputation with processing times and overall transaction service. Accounts can be opened in 4 major currencies, Euros, British Pounds, US Dollars and Chinese Yuan. Deposits qualify for up to 100% bonus. Withdrawals are processed in a secure way and in most cases in less than 24 hours, which is really fast in the industry!

Withdrawals are usually processed in less than 24 hours

Our Verdict

Banc de Binary is a true leader, very competitive and very popular in over 80 countries. It offers minimum trade size at just $1, that is truly amazing and bound to attract beginners more than any other broker. But at the same time it offers such a wide range of trading tools and features that even professionals will need a long time to fully utilize.

On the downside, the training provided is rather basic and may seem unattractive to clueless traders seeking guidance in trading the markets. But where else can they find such extensive range of trading features, and be able to start trading with only $1 at a time.

Overall, Banc de Binary can be used either as a stand alone broker, covering many trading strategies, in the most reliable way possible. Or, it can be used in conjunction with another binary broker (for beginners seeking guidance). What one will find at Banc de Binary is extreme reliability for testing out strategies with real money, starting at just $1 and scaling up safely to bigger size. Beginners might want to consider using Banc de Binary as their secondary broker, and use it full time after they have learned some basics about the market. Intermediate and advanced traders can use Banc de Binary right away and develop complex hedging and trading strategies using this one broker alone! The huge advantage of this broker is that is offers extreme reliability when trading large lots, possibly $100s per trade. The client can be sure of plenty of market liquidity and impressive speed. This broker is capable of accommodating the needs of even the most demanding trader. It is simply very experienced and very competitive!

Existing clients of Banc de Binary are all kinds of traders, from new traders testing out their own techniques. Using real money, $1 at a time, which cannot be done anywhere else. So it is ideal for creative beginners who think outside the box. It also has seasoned traders among its clients implementing complex hedging trades, worth 100s of thousands of dollars. Therefore reliability and integrity with this broker is beyond doubt among the highest in the industry.

Trade with Banc de Binary

Banc de Binary

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    Headquarters: Cyprus

    Year founded: 2009

    Regulated: by CySEC

    Accepts US traders: NO

    Platform: SpotOption

    Minimum Deposit: $250

    Minimum Trade: $1

    Maximum Trade: $8.000

    Deposit Bonus: up to 100%