Banc de Binary Review
“Recently regulated by the FSA and CySEC,Banc De Binary is dedicated to maintaining its position at the forefront of binary options trading. Banc De Binary is know for its excellent customer service and its ability to innovate and continually introduce market-leading technology to novice and seasoned traders alike.”
Banc de Binary Review
Founded soon after the Securities and Exchange Commission’s decision to allow binary options to be listed as financial instruments in 2008, Banc de Binary has always and consistently set the standard for how online binary brokers should operate and treat their clients. The company is headquartered in Limassol, Cyprus.
Banc De Binary is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Services Authority making it one of the most professional binary options trading brokerages on the Web today and one of the few that is fully regulated.
Getting started with Banc De Binary is a simple process. There are no special requirements or documents required to open an account. You simply go to the website and click ‘Open an Account’ at the top of the page and enter your details. A Banc De Binary broker will then contact you and help you further.
You may be eligible for a signup bonus of up to 100% of your deposit. Check online for current promotions and read the small print on the terms and conditions for further information on bonuses. This advice applies to all brokers.
At the moment Banc de Binary has stopped accepting US Traders while it goes through the regulation process.
All traders are given access to a Demo account once they have opened and account and deposited $250 or more. This Demo Account gives you access to $50,000 to practice your trading skills and full support is offered while using the demo. It is highly recommended that those new to binary options take advantage of this facility to build their confidence and trading techniques. You are free to withdraw the initial $250 at a later date without spending a real cent.
To deposit funds into your trading account, Banc de Binary offer VISA, MASTERCARD, American Express, MoneyBookers and Wire Transfer options, providing you with fast and secure account funding options.
Withdrawing funds is easy too. Simply login to your account, click on the ‘My Account’ tab on the tool bar at the top of the page, then select ‘Withdrawal Requests’ on the drop-down menu. You may then choose your preferred withdrawal method.
Banc De Binary offer live market reviews and signals together with BDB Radio to keep traders up to date with the latest market news and analysis.
With iTrading, the Banc de Binary mobile App you can trade at your own convenience and while on the go. The App comes complete with the standard Binary Options Platform plus the 60 Second Platform, both ideally suited to mobile trading.
- High Payout
- Low Minimum Deposit
- Up to 91% Returns and up to 500% with One Touch
- Free Demo with Deposit
- 5 Option Types to suit all traders
- 60 Second Options
- Mobile App for iPhone and Android
- Fast Payouts
- Outstanding Customer Support
|Returns||Up to 91% + up to 500% with One Touch|
|Assets||Currencies, Commodities, Stocks, Indices|
|Bonus||Up to 100% sign-up (see online for current promotions)|
|Deposit Methods||Credit Card, Bank Wire, Moneybookers, AlertPay|
|Languages||Greek English Italian Spanish Russian German Lithuanian Romanian French|
List of Assets
|EUR/USD||AMAZON||Oil (Brent Crude)||ASX|
|USD/CAD||BRITISH AMERICAN T||Corn||DUBAI|
|USD/ZAR||COCA COLA||Coffee||FTSE 100|
|USD/TRY||DANONE SA||HANG SENG|
|GOLDMAN SACHS||NASDAQ FUTURES|
|HSBC HOLDINGS||S&P 500|
|S.BANK INDIA||TEL AVIV 25|
|JP MORGAN CHASE|
Types of Binary Options Trading
Banc De Binary offers 5 different secure, innovative, award-winning platforms so that you can choose the one that meets your trading needs and trading style.
Digital Option Pro – This is the standard platform, easily accessible for new and experienced traders alike.
The Banc De Binary Digital Options Pro Platform allows you to choose any of the available assets from the drop down menu, and a range of expiries, every 15 minutes depending on your chosen asset. You must simply determine whether the digital option will end at a higher or lower rate than the active trade rate when you entered the trade.
Once you have committed to the trade, the platform automatically monitors your trade and exits at the appointed time without you even needing to be logged into the system. You will then be sent an email notification with the closing status of each trade.
You can easily follow the status of ongoing trades at the bottom of the BDB Trading Platform page or from your account portfolio page.
Option Builder – This allows more experienced traders to create their own unique winning strategy with adjustable payouts.
The Option Builder enables you to customize trades to fit your individual trading style. This relatively new method is quickly becoming popular, particularly among more experienced traders who understand the market and enjoy greater flexibility in order to create their own trading strategy.
Once you understand the fundamentals of binary trading and market analysis, the option builder allows you to customize your trades by letting you set the exact expiry time and your own risk level. You can trade in the way that suits you best, controlling your own risk and your own trading schedule. Choosing the asset and how much to invest remain the same as with any trade.
With the option builder, if you believe that the price of oil will rise in exactly three hours for example, simply choose ‘oil’ from the drop down menu and select the correct expiry time, then click ‘call’. If you are concerned that the trade might be risky, you may choose a 55% profit level with 30% insurance, and so better protect your investment.
One Touch Platform – This offers up to 500% payout if the asset value touches a set figure, rather than simply moving upwards or downwards.
The One Touch Platform is unique at Banc De Binary for offering up to 500% payout on every trade. It comes with predefined rates needed to win the trade, rather than the trader simply predicting whether the value of the underlying asset will increase or decrease.
Options can only be purchased at the weekend when the trading markets are closed. Then it trades during the week. If the asset touches or has passed the specific level at 17.00 GMT on Monday, the system declares a win, and you receive a payout of up to 500%. If you are out of the money, the trade will continue in the same manner until Friday when the platform expires, continuously checking each day to see if the price has reached the rate needed for a win. This gives you 5 days and 5 chances to hit the target.
One Touch is ideal for traders who believe that the price of an underlying asset will reach the predefined level in the future, but who are unsure about the sustainability of this price.
60 Seconds – This is the quickest way to trade online, offering quick results and rewards.
Banc De Binary’s 60 Second trading platform offers you the quickest trades found anywhere online. The beauty of 60 second trading is that if the value of an asset is clearly moving in one direction, you can take full advantage by conducting a number of successive trades to maximize your profits. This makes the platform ideal for traders who are excited by the prospect of quick rewards, and who are able to respond quickly and effectively to sudden market movements.
BinaryMETA – This allows you to analyze data and trade like the professionals, with the advanced feature of selling early or doubling your money mid-trade.
BinaryMETA is the newest and most advanced platform added to Banc De Binary’s portfolio, developed with the aim of going beyond the typical boundaries of binary option trading. It offers the ground breaking trading opportunity to sell early or double your money mid-trade.
The BinaryMETA platform gives you unprecedented analytical tools, allowing you to follow an asset’s history from the moment it started trading. To review the history, simply click the backwards or forwards buttons for ‘1 hour’ or ‘10 minutes’. In addition, you can see your placed options directly on the graph. This allows you to analyze your options and make real-time decisions the way professionals do, all on the most high-tech trading platform on the market.
Banc De Binary CEO Oren Laurent – Interview
The Bottom Line
Banc De Binary provides individual, corporate and institutional clients with unrivalled services and support for Binary Options trading. With BDB you get a wide choice of assets from over 30 countries, market beating payouts and a secure, reliable platform to trade on. All this in a full regulated environment where your funds are safe and secure sets Banc de Binary apart from all other brokers