Banc de BinaryBroker Review
When it comes to binary options trading brokers, traders have a large selection from which to choose. But Banc de Binary is highly popular and a definite standout. Banc de Binary, which is often referred to as BBinary, is one of the world's leading binary options trading brokers.
|Name||Banc de Binary|
|Bonus||Up to 100%|
|US traders are not accepted|
- Award winning broker
- Known binary option broker
- Free $50,000 demo account to practice
About Banc de Binary
Banc de Binary has been around since 2009. Unfortunately, the broker is no longer permitted to offer its services in the United States, but it is readily available just about everywhere else in the world. The company's slogan, "Private Option Bankers," refers to its focus on binary options. The combined experience of its founders exceeds 100 years, so it's safe to say the company is backed by proven professionals.
With its sleek, professional website and user-friendly interface, Banc de Binary makes a very positive first impression. Several customer service options are available and easily accessible. When stacked up against most other online binary options brokers, Banc de Binary offers a truly incredible array of underlying assets on which to trade.
Most online binary options brokers offer a single trading platform. But Banc de Binary offers four:
- Digital Option Pro - This is the basic trading platform, and it includes everything you need to do basic trading. Basic and technical analyses are included.
- Option Builder - More experienced traders will probably want to go with Option Builder, which includes more advanced features and allows a customized trading experience. This makes it easier to manage the level of risk and perform more strategic trades.
- One-Touch - The One-Touch platform is ideal when a trader is fairly confident that an underlying asset will meet or exceed a particular level, but is uncertain how long it will stay there. The main advantage of this platform is that it offers payouts of up to 500 percent.
- Binary Meta - Consider this the Rolls-Royce of the binary options trading platform world. It has all the features you could possibly want and many you never knew existed.
Min. Deposit€ 250
The one area in which Banc de Binary lags behind competitors is promotions. First-time depositors are eligible for bonuses worth up to 50 percent of their deposits. However, the funds can't be withdrawn until a particular trading volume is achieved. This is Banc de Binary's only real promotion, and it's a bit of a letdown because it is standard industry practice.
Funds may be withdrawn and deposited using debit cards, credit cards, bank wire transfers and Moneybookers. Withdrawals typically take two business days, but the process itself is streamlined and easy.
|Speed Trading||Spread High/Low||One Touch||Option Builder||Mobile Trading||Regulated|
Banc de Binary's customer service blows away the competition. Multilingual telephone support is available during regular business hours. Around the clock you can submit a support ticket, request a software walk through, or book a call back. Its dearth of online tutorials or other educational resources is Banc de Binary's one notable shortcoming in this area.
- Bank Wire
- Email: firstname.lastname@example.org
- Phone: +44 207-099-2097
- Skype: banc.de.binary.support
Banc de Binary offers up to a 71 percent rate of return on money trades, and up to a 500 percent rate of return on one-touch trades. Real-time price quotes are provided by Thomson Reuters, so they are very accurate. A mobile trading app, iTrading, allows traders to perform trades and track progress on the go.
Pros & Cons
- Regulated by CySEC and FSA
- Enjoy payouts of up to 500 percent
- Take your pick from four top-quality trading platforms
- Enjoy complete control over the trading process with Option Builder
- Trade your favorite assets around the clock through one-touch weekend trading
- Very limited educational content
- Lackluster promotions and bonuses
Despite the disappointing lack of educational content and paltry bonuses and promotions, Banc de Binary remains one of the best binary options trading brokers around. The sheer variety of features and truly exceptional customer support make this a worthwhile option for beginners and experts alike.