Banc De Binary Review – Pros and Cons Of This Site

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Banc De Binary Review

Banc De Binary is one of the most trusted binary options brokers.

  • Minimum Deposit: $250
  • Average Payout: 91%
  • This Broker has a Great Reputation

BancDeBinary Info

Name BancDeBinary Web site www.bancdebinary.com Online since 2009 Country Cyprus, EU Platform SpotOption

Broker Rating

One of the key online broker players in the binary options industry today is the Banc de Binary. It’s platform was created with the goal of providing a service for both experienced and beginner traders in the market. You will find their trading options simple, fun and very easy to understand simply by giving their trading platform a try. They have a strong foundation in the Stock and Forex markets which is where their success comes from.

Experienced Leaders

The Banc de Binary founders come with over 100 years on industry experience. This has enabled them to provide a trading platform that meets all requirements and satisfies the top brokers.

Assets & Expiry Times

You can expect high asset numbers with them that cover over 80 financial assets and include 12 currency pairs, 40 stocks, 20 Indices and 8 commodities. One particular great feature is that they allow you to email them directly if you want to offer them a suggestion for adding a certain asset to the list. Banc de Binary also offers you satisfactory expiry times from 24 hour binary option trades to 60 second binary option trades.

Profit & Return

One downside to Banc de Binary is they do not provide ‘out of the money’ refunds. This is most likely due to them starting out as old fashioned stock traders which may leave them thinking money refunds as being an insurance policy that is unfair. Maybe; maybe not. You place your financial bet through the global financial marketing and the market at large and your skills, knowledge and experience will determine your success.

The good side of this, however, is they certainly make up for this lack of ‘refunds’ by offering an above average return rate for any financial bets you have that are successful. They offer up to a 91% maximum trading rate and have an 80% general average return which is one of the best in the industry that you will find. Also, since they offer low financial assets, you are able to make minimum trades for $1 so you can test out your strategies in binary options trading before you decide to make larger bets.

User Friendly Platform

Their website is filled with features that are user-friendly which makes it simple for you to find important links and understand them. They have a FAQ page for new traders to get an understanding on how their trading system on their platform flows which helps keep it from getting confusing.

They are EU regulated, recognized by the Exchange Commission, U.S. Securities and Commodity Futures Trading Commission. They have kept a reputation that is transparent by providing information on their office locations, management teams and the fact you can find them in famous New York Trump Tower.

Start your binary options trading with Banc de Binary with a small investment. They even throw in a generous bonus to help you get a great start. They offer an online education resource that you can tap into to improve your trading skills and teaches you different components of binary options trading. Be sure to start off slow, work your way up once you have the necessary skills. Enjoy effortless depositing and withdrawal features too.

Is Banc De Binary A Good Broker?

Yes Banc De Binary is one of the safest and most trusted binary options brokers today. They are regulated by CySec, and we have found no notable complaints from other traders. The support is great, there are many payment options and the platform has many features. There is really no reason why you shouldn’t give this broker a try.

7 Binary Options

UPDATE (12.01.2020):

Banc de Binary has shut down their operations.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Free Trading Education!
    Free Demo Account!
    Perfect for Beginners!

  • Binomo
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    2 place in the ranking!

We recommend choosing one of our top binary option brokers instead:

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Try also Binary Option Robot if you are looking for automated binary trading.

Old Review:

Every once in a while when we do a review we come across a binary options broker or best forex brokers that ‘really catches our eye’ with the way they run their website; Banc de Binary is definitely in that category. It is without a doubt one of the best binary options website that we have taken a look at. We found an incredible amount of positive things about the site when our experienced and thorough review team tried out the website.

Banc de Binary, which was established in 2009, is as a World Finance listed and multi-award winning company that has long been known as one of the leaders in the binary options trading market. They are the world’s first regulated broker and have customers in over 80 countries worldwide and are known as one of the most trustworthy binary options brokers. A reputation like that is not gained easily when there are so many binary options trading choices out there, but our review team’s findings when they looked at the site seemed only to confirm Banc de Binary’s outstanding reputation.

Basic information:

Online since: 2009
Jurisdiction: Cyprus
Software: SpotOptions
Max Returns: 91%
Bonus: 100%
Minimum Deposit: $250
Minimum Investment: $1
Maximum Investment: $6000
Currencies: USD, EUR, GBP
Mobile: Yes
Countries: All nations excl. USA & Australia

– Very good deposit bonus
– Good variety of options
– Excellent returns
– Interface user friendly
– Small minimum investment

– No customers from USA accepted

7 Binary Options Rating:

Key Features

The key features with Banc de Binary are really too many to mention. We could actually do a whole article on key features alone, but rest assured we will at least cover them all briefly in this review. With that being said, let’s take a look at why there are so many key features that make this website one of the best and most popular to trade on.

One of the biggest key features that Banc de Binary brings to the table is experience; since its first use in 2009, the website has constantly improved and adapted to help make their many investors trading experiences a good one. The site features an abundance of learning tools and has a trading platform that any investor should immediately feel comfortable with. They have a knack for listening to what those that trade on their site say and then reshaping the website to meet their traders’ demands and incorporate in the most popular suggestions.

Don’t have enough time to trade or want to trade anytime and anywhere? Banc de Binary can help there too with their versatile mobile app. With the app trading is no longer restricted to only when an investor is sitting in front of their computer. The app can be easily downloaded on most mobile devices and tablets for the ultimate on the go trading experience. It is a nice way for Banc de Binary to help their many happy traders keep track and place trades anywhere they may go. Banc de Binary is also one of the used brokers in Binary Option Robot automated trading software and binary options signals.

Trading at Banc de Binary

The number of assets available at Banc de Binary is one of its biggest selling points. At around 190, it offers more assets to place trades on than almost all other binary options trading platforms. These assets include stocks, indices, commodities, and currency pairs.

The stocks available include some of the biggest and most well-known companies and brands in the world. You can choose from about 100 stocks. This is in addition to the 30 currency pairs that are available. Some of the popular options among traders are EUR/USD, JPY/NZD, and GBP/CAD.

There are about 30 indices to choose from. The list includes familiar names like the NASDAQ, S&P Futures, IBEX, and Nikkei 225. If you want to trade on commodities, you can select from popular choices like gold or silver. You can also select Brent crude oil (which is unusual for a binary options trading platform – most don’t offer Brent crude oil), coffee, corn, sugar, or wheat.

Bonuses

If an investor is looking for some ‘free money’ to use in their trading then Banc de Binary will certainly not disappoint anyone here too. When looking at the site we found that Banc de Binary had some very generous bonuses to offer to say the least. Some sites we have reviewed in the past had either no bonuses or maybe one; Banc de Binary boats at least three nice bonuses that we came across when we were reviewing the site.

It all starts with the very high sign up bonus that traders get when they join this broker’s website. They are some of the highest bonuses of any site that we have reviewed. Sign up bonuses can go as high as 100% depending on the amount of the client’s initial deposit. So before an investor has even made one trade they will have doubled their money in some cases. Now that is what we call a real bonus.

The bonuses don’t end with the sign up bonus either. If a trader knows someone who is looking for a good binary options website to trade on, then they have an opportunity to make some money there too. Banc de Binary gives out referral bonuses to any of their clients who refer another trader to the website. Once again it creates an opportunity for the investor to earn some more ‘free money’ to trade with.

There are other types of bonuses that Banc de Binary offers too. The trader will have an opportunity to earn special event bonuses too. These may be unscheduled or unannounced and the amount and frequency of these bonuses is totally up to Banc de Binary.

These bonuses do come with a set of rules and stipulations; it is not just as easy obviously as an investor depositing their money, getting a sign up bonus and then withdrawing their money. In order to protect themselves Banc de Binary requires that a certain dollar amount be traded before any bonus money can be withdrawn.

Maximum Profit (payout)

When using the site we were pleasantly surprised at the return on investment that winning trades offered; it is a sure sign of a websites integrity when they offer what is considered more than the usual fair payout. On many of our profitable binary options trades we found that the return on investment was often in the 60% – 91% range, which are very good returns for any binary options website.

There are also minimum and maximum investments that are mandated by Banc de Binary, but these have a very wide range that should satisfy the most conservative traders and the big spending traders alike. The minimum investment is a low $1, which was as little as we have seen on any of our reviews. For those that are not afraid to risk some big money the maximum investment is $6000.

Testimonial

Types of accounts

There are several different account levels on Banc de Binary; as with many other binary option websites the account level that is assigned to an investor depends on the amount of that investor’s initial deposit. Each subsequent account level also comes with some benefits that the lower account levels do not have, so it is always best for an investor to deposit as much as they can initially to ensure they are getting the most features that an online broker offers. Extra features include such things as learning tools, faster withdrawal times and an increased number of assets available to trade.

Here is an overview of the various account levels we found on Banc de Binary as we toured the website:

The Micro Silver

The most basic trading account is the Micro Silver account. For this level account the initial deposit amount can be as little as $250 or as much as $5000. This account level is really recommended for beginning traders. It is also the account of choice if you just want to deposit a little at first to see if you like trading on Banc de Binary.

The Standard Gold

The Standard Gold account requires an initial deposit ranging from $5001 to $35,000. It’s a good account for intermediate level traders who are confident in their trading skills and have a basic familiarity with the world of finance.

The Personal Management

The next highest level account is the Personal Management account. To attain this level account an investor must make an initial deposit in the range of $35,001 to $50,000. This account type is intended for traders who are very serious and experienced about their binary options trading.

The Premium account

The Banc de Binary Premium account is the highest level of account on the site. It has an initial deposit requirement of over $50,000. It is an elite account that is best suited for those investors who consider themselves full-time professional traders.

The Islamic Trading account

Banc de Binary also offers Islamic Trading accounts. These accounts are specifically tailored to suit the needs of customers of the Islamic faith. They are interest-free accounts which take into account Hibah and its importance to that faith.

Assets

Banc de Binary has an excellent array of assets with lots of alternatives for trades at different levels. Included are commodities (including sugar, coffee, corn, gold and others) and currency pairs (EUR/USC, USD/GBP and more), as well as stocks like BAT, Apple and Coca-Cola, along with indices such as the NIKKEI 225, FTSE 100 and NASDAQ. In fact, Banc de Binary offers an impressive asset list, more than 200 different assets, tradable in nearly three dozen countries.

Types of Options and Expiry Times

Banc de Binary uses the popular SpotOption platform, so it has options available for almost every trading style and strategy. This includes everything from regular options to pairs as well as both long-term and short-term options. Whether you like quick, high-energy profits or prefer a slow build for long term gain, you will find what you need.

The expiry times vary greatly as well—from very short options from 30 to 60 seconds in some situations— so there is plenty of choice. You can also trade on options that remain open for the rest of the day plus those that carry forward by days, weeks, or even months.

This varied selection of options and expiry times makes it easier to create a broad strategy that includes both high-risk / high reward trades and low risk / low reward trades. This is the best way to achieve a diversified portfolio.

One negative is that Banc de Binary doesn’t offer one touch options or ladder options. If you are looking for these types of options specifically, you will have to find another platform. For most traders, the offerings at Banc de Binary will be more than sufficient.

The Banc de Binary Mobile App

Banc de Binary’s mobile app is available through the Google Play store for Android devices and the App Store for Apple devices. It is one of the best apps in the binary options trading industry, plus it is easy to use. The interface is intuitive, and it performs all the main functions of the desktop application.

It only takes a few minutes to setup, and you can use it from anywhere that you have an Internet connection. This means you can trade while away from your computer! However, you will need an account, as you need to enter your username and password before you can start using it.

Banc de Binary Economic Calendar

One of the unique and truly useful features that Banc de Binary offers is an economic calendar. It is helpful because events that happen around the world – from announcements by companies to statistical releases by governments – can and do affect the market. With Banc de Binary’s economic calendar, you can easily see what is coming up as well as a forecast of how experts in the industry believe it will affect the market. With this information, you can adjust your strategy to ensure you maximise your returns and minimise your level of risk. The calendar is easy to use, so you will find yourself referring to it on a daily basis.

Is Banc de Binary a Scam Broker or Is It Legitimate?

As Banc de Binary is licensed and regulated by CySEC, you can be sure it is not a scam. Scam binary options brokers have no chance of making it through CySEC’s vetting procedures.

Banc de Binary also offers additional peace of mind to new customers, including the professionalism of its operation and the customer support that is available.

The more you use binary options trading platforms, the more you will recognise common scam signals. You will find none of those at Banc de Binary. You will, however, find the following positive points:

  • Satisfied customers – Banc de Binary has a large customer base from countries all over the world. If it was a poor quality binary options trading platform, those customers would not stay.
  • Professional website – The website is well made and easy to use. It is also fast and secure.
  • Help and guides – The amount of educational materials that Banc de Binary offers is exceptional.
  • Excellent reputation – One way to spot a scam binary options trading platform is to read customer reviews. You won’t find many (if any) negative reviews of Banc de Binary.

One of the main reasons that Banc de Binary doesn’t have many negative reviews or comments is the level of customer support it offers. When you encounter a problem, its customer service team is responsive, sympathetic, and professional. Most queries or concerns are resolved quickly. Scam brokers don’t offer this level of support.

The Lion Academy

The Lion Academy is the place Banc de Binary stores all its guides and help articles. If you are new to the platform, it is the best place to start. In fact, there is so much information it is worthwhile to join Banc de Binary just to get access, even if you have no intention of ever using it to trade binary options.

Privacy and Security

Banc de Binary conforms completely with all industry standards and protocols to protect your privacy and personal information. This includes operating with an EV SSL certificate. It complies with PCI standards when processing data, and it has a partnership with MaxMind to help it verify deposits and prevent fraud.

Screenshot

Trading Platform

Banc de Binary uses the ever popular SpotOption trading platform. This platform is well known for being simple to get acclimated and being very easy for even beginner traders to use. It has a simple layout that can be customized somewhat to accommodate individual traders personal preferences.

A trader can easily navigate through the site by taking advantage of the simple menus it has and by easily pointing and clicking on the choices the menus offer. We found the trading platform to be extremely well laid out, informational and easy to read and understand. It is very well designed, to say the least.

Banc de Binary Minimum Deposit

At $250, the minimum deposit requirement at Banc de Binary is higher than most binary options trading platforms. Compare this to an alternative, like IQ Option where the minimum deposit is just $10. The main reason Banc de Binary has such a high minimum deposit is that it offers a large bonus on that first deposit of 100 percent. This means they will turn your first deposit of $250 into $500 by adding another $250 to it. They could not offer such a generous offer on the first deposit if it was possible to deposit a lower amount.

Demo Account Facility

Banc de Binary offers a fully functional demo account to all new traders. This gives you the opportunity to try out the platform and learn how to use all the features and functions. If you are new to binary options, you can also use the demo account to learn about this form of trading. You can use it to test out strategies too and to work out how you want to proceed. While you are doing this, you will use virtual money so none of your own money is at risk.

Once you are confident with how binary options trading works, and once you know how to use the Banc de Binary platform, you can switch to a full account. This requires a deposit, so your money is at risk, but you can also start generating wins and profits.

Placing Trades

There are a variety of options available when it comes to placing trades on Banc de Binary. A trader can select from high/low options, one touch options, option builders, Meta chart options and the potentially very profitable but somewhat more complicated ladder options.

The options listed on Banc de Binary can also be traded on several different expiration times such as 60 seconds, 15 minutes, 30 minutes, 1 hour and 24 hours.

Assets that can be traded can be selected from currencies, stocks, indices and commodities.

We found a really nice variety of the types of trades an investor can place on Banc de Binary.

Learning Tools

There are a variety of learning tools that Banc de Binary offers its clients too. The best of these is the free demo account that is offered to its account holders. Demo accounts are great for learning a trading platform without risking any real money.

The learning tools they provide are not limited to the demo account by any means. A trader on Banc de Binary will have access to a basic introduction course on binary options trading, several trading videos that feature their financial experts discussing binary options trading points, a very comprehensive and informative e-book on the subject of binary options trading and access to many written articles that cover all aspects of binary options trading and analysis.

When we reviewed the site we found that the free platform walkthrough that they offered was instrumental in getting us acclimated to the trading platform quickly and easily. When that walkthrough was followed by use of the demo mode we found ourselves quickly trading on the regular platform problem free in virtually no time.

Strategies and Help

Banc de Binary is one of the best binary options trading platforms for beginners because of the range of educational materials that it offers. If you are new to binary options trading, there is plenty to get you started. In fact, you will find about 100 different articles and guides that will teach you how the market works and explain different trading strategies and give you tips on how to succeed.

You can read articles that explain the difference between a bear market and a bull market. Other articles teach you about risks, while others guide you through the assets that are available. You will also find information on how to protect yourself, such as guides on choosing the right broker and tips on how to stay away from unregulated brokers.

Each asset type – stocks, currency pairs, indices, and commodities – is covered in various sections, plus there is live market information that will show you what is currently trending, what is hot, and what is not.

Banking

Banking is another thing that is really uncomplicated on Banc de Binary. There are several currencies that can be used for making deposits and withdrawals such as the US Dollar, the British Pound and the Japanese yen.

Banc de Binary also excepts several payment forms that an investor can use to make deposits and withdrawals. They accept such deposit and withdrawal sources as Visa, MasterCard, Amex, Skrill Moneybookers, iDeal, Diners Club, Maestro, Cartebleue and bank wire transfers.

The minimum withdrawal is $50 and the fast withdrawal time of around 2 days really impressed us.

Customer Service

Customer service on Banc de Binary was found to be very responsive and thorough. The best ways to conduct customer service contact with Banc de Binary are through live chat or e-mail. Their customer service representatives can handle inquiries in several different languages such as English, Spanish, French, German, Italian, Dutch, Japanese, Arabic, and Portuguese.

Noted Drawbacks

One of the biggest drawbacks of Banc de Binary is it is not available to traders in the US market. There was also a slight lack of visible phone support as a customer service option, but then again, the excellent live chat and quick e-mail response time more than made up for this.

Conclusion/Summary

What can we as the reviewers say about the site overall? Let’s just say that when we talked amongst ourselves about Banc de Binary there was one word that was heard when describing the site more than others and that word was ‘impressive’. We found very little wrong with the site

In short, we give Banc de Binary an enthusiastic two thumbs up for the way they run and put their website together and we would highly recommend the site to any trader that is looking for an overall ‘great’ trading experience. It is really that good of a binary options trading site. It is definitely a site that warrants serious consideration for use from any trader that is looking for a new place to trade binary options or just not satisfied with the site they currently trade on.

Additional information

Customer Service: Live Chat / Email: [email protected]
Languages: English, Spanish, French, German, Italian, Dutch, Japanese, Arabic, Portuguese
Trading Options: High / Low, One Touch, Option Builder, Meta Charts, Ladder Options
Assets: Currencies, Stocks, Indices, Commodities
Early close: Yes
Expiry Times: 60 sec, 15 min, 30 min, 1 hr, 24 hr+
Deposits and Withdrawals: Visa, Mastercard, Amex, Bank Wire, Skrill Moneybookers, iDeal, Diners Club, Maestro, Cartebleue
Withdrawal Time: 2 days
Demo account: Yes

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Banc de Binary Review

Overview

Banc de Binary Review $7000 In 10 Minutes Trading 60 Second Binary Options With Banc De Binary Banc De Binary on first glance is definetly once of the perfect professional… more

Details

Broker Banc de Binary
Website URL www.bancdebinary.com
Founded 2009
Headquarters Cyprus
Support Number +1(212)710 5905
Support Types Fax: +1(646)291 8910, [email protected]
Languages English, French, German, Spanish, Italian, Arabic and Japanese
Trading Platform Other – In House
Minimum 1st Deposit $250
Bonus Bonus Based on the Volume of the Transaction
Payout 81%
Free Demo Account
Deposit Methods Moneybookers, AlertPay, Credit Card, Debit Card, Wire Transfer and Western Union
Withdrawal Methods Moneybookers, AlertPay, Credit Card, Debit Card, Wire Transfer and Western Union
Types of Assets Forex, Metals, Oil, Gold, Indices, Stocks, Commodities
US Traders Allowed
Tablet Trading
Overall Score 9.6

Screenshots

  • With Option Builder, traders are in complete control of their trading. They can customize the expiry time and risk/reward returns to suit their trading style.
  • 60 Second options for those who want to exit the trade almost as quickly as they entered it.
  • One Touch Weekend trading permit traders to trade their favorite assets 24/7.
  • A fabulous range of platforms.
  • Up to 500% payout.
  • Banc de Binary is not regulated and therefore you are not protected by a regulatory body.
  • The bonuses and promotions offered are nothing exceptional.
  • A fairly basic education section of the site.

Full Review

Banc de Binary Review

$7000 In 10 Minutes Trading 60 Second Binary Options With Banc De Binary

Banc De Binary on first glance is definetly once of the perfect professional companies out there as indicated by their slogan; “Private Option Bankers”. This company is considered to have developed its foundation in the Stock and Forex markets. The founders have over a century in the markets, which one would hope to stand you in great place when trading with BBinary.. Further information about Banc De Binary management team are available at their corporate web site, it makes very worthwhile reading.

Trading Platforms:

Like online brokers, Banc De Binary’s trading platforms are internet based. Web-based trading platforms have the added benefit of allowing a trader to trade from all over the world. Additionally, their trading platforms are very user-friendly and great for a novice trader. Most links are brief to the point and it is quite simple to navigate around. They’ve 4 trading platforms for traders to select from and each was designed to be flexible to match the individualistic styles of different traders. The platforms are:

  • Digital Option Pro – The standard platform which you’ll see on most binary options websites. Nicely developed and you may check out fundamental and technical analysis from the platform while trading.
  • Option Builder – This is for the perfect advanced trader with a few experience in trading Binary Options. It will give you the opportunity to customize and develop your own trade. You’ll be able to manage the risk level and take insurance.

How the Option Builder works:

1. Choose the asset you would like to trade

2. Select an expiry time within just four hrs of times you are placing the trade.

3. Select the income control risk level that you would like, from the drop down menu.

4. Click “CALL” if you believe the cost will go above the current rate at the expiry, or click “PUT” if you believe the value will fall below the current rate at the expiry.

5. Enter in the quantity you would like to invest and click “Apply”.

  • One Touch Platform – This is for traders who belive the asset is going to a specific level or aqbove in a certain time period but they are uncertain about how long the level will sustain by itself. The payout is perfectly up to 500%.
  • BinaryMeta – A proprietary platform seemingly depending on MT4 which works just like as standard platforms except with the bells and whistles, enabling you to analyze your trades and watch your trades perform real-time.0/9 n

The Payout:

To trade at Banc De Binary is provided for free as the company doesn’t incorporate any spread between the calls and put . What this mean is that inspite of the direction the asset’s cost is heading, a trader should be able to receive a predetermined price payout. You will usually know the risk advance.

As for the returns, the percentage rates are extremely high at 71% for in the money trade and go to 500% payout with the One touch platform. BBinary offer trading bonuses for first-time depositors of go to 50% of your deposit, while this definitely assists your trading bank-roll, the cash can’t be withdrawn until a certain volume of trading is achieved. This really is industry standard.

Assets:

At Banc de Binary, there are over ninety underlying assets that may be traded. This really is well above the industry average. The Asset Index consists of the following below:

In addition, traders can choose from four (4) different expiry time:

  • 15 minutes expiry time
  • 30 minutes expiry time
  • 1 hour expiry time
  • 24 hours expiry time

Banc De Binary takes their customer support service very seriously. They have multilingual support staffs that are fluent in:

In addition to having a capable support team, customers can reach the support team 24/7 through various channels like:

In addition, Live Chat and email support are also available.

For trustworthiness, Banc de Binary uses real-time price quotes streamed from Thomson Reuters. This can help to make sure that traders receive accurate prices of assets that they would like to trade in. Withdrawal of funds is a simple a couple of days process through their site to:

  • Credit or Debit Card
  • Moneybookers
  • Bank Wire

Relatively, Banc de Binary is definetly a professional company to work with, the web site is very exceptional and much more in the thread of the Forex brokers than the Binary Options brokers. The option of platforms is overwhelming although the Meta platform is really a thing of the future for Binary Options trading. BBinary are not your cake-cutter options broker. With an established company like Banc de Binary, you are able to feel safer that they’ll still be around tomorrow to service your online business.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Free Trading Education!
    Free Demo Account!
    Perfect for Beginners!

  • Binomo
    Binomo

    2 place in the ranking!

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