Overview

IMPORTANT: Banc De Binary is closed for business. You can check one of our best forex trading systems:
Fintech LTD and HBSwiss

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Details

BrokerBanc de Binary
Website URLBancdebinary.com
HeadquartersKanika International Business Centre office 401, Profiti Ilias 4, Germasogeia 4046, Limassol, Cyprus
Support Number+44 207 099 2097
Support TypesLive Chat, Phone, Contact Form, E-mail
Minimum 1st Deposit$250 / $500 for Canada, Austria & Germany
Minimum Trade Amount$1
Bonus100%
Payout89%
Free Demo Account Open Demo
Account TypesBronze, Silver, Gold
Deposit & Withdrawal MethodsCredit/Debit Cards, Bank Wire, Skrill (MoneyBookers), WebMoney, CashU, AstroPay, YandexMoney, etc.
Number of Assets170+
Account CurrencyUSD, EUR, GBP
Overall Score8.9/10

Full Review

Banc de Binary was founded in 2008 making it amongst the oldest brokers in the binary options industry in Cyprus, and is registered with financial conduct authority with registration number 596375. The company is regulated by Cyprus Securities & Exchange Commission who has issued the binary trading platform with license no. 188/13. The company is headquartered in Profiti Llia Str., Kanika International Business Centre, 401 Germasogeia CY 4046 Limassol Cyprus. This broker is registered under other regulatory authorizers from any other country it has branches in.

banc-de-binary-website

Banc de Binary trading platform is very simplified and ideal for a seasoned user as well as a novice. The SpotOption powered trading platforms do not require traders to do any software downloads, since all the features can be accessed while online. The Banc de Binary platform features the Functional Builder which is a 60 seconds trading tool that offers returns of between 70% up to 91% by a single touch in the money option.

Review Verdict: Banc de Binary is NOT a Scam

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How to Use Banc de Binary?

You just have to provide some details about you and to select your preferred account type. There is also a demo account available for all the people who want to practice trading without investing real funds.

The virtual account at this binary trading platform is easy to use with demos availed on a live trading platform with real money to trade. The platform comes with clear instructions on usage and all it is needed to get started is opening a real account.

how-to-use-bancdebinary

After setting up an account a deposit of $250 is initially made and a demo account can be requested to allow practice at trading using $50,000 in real money. This shows the high quality demo services that Banc de Binary trading is providing to its clients since many brokers allow a 72 hour demo period or alternatively just $20,000 real money to practice with.

To start trading a user will need to choose the binary options asset and later also get to choose the predicted performance direction. A wide variety of expiry options is availed to a user to opt for. The demo account at Banc de Binary will also allow a trader to use his own strategies to discover whether on a live account it would have such success.

No Download

You can get use of the services this broker has to offer without downloading any files to your PC. This is possible thanks to the web-based platform this product utilizes.

How to Get Started?

You only need to fill in a form, deposit initial investment amount, and start placing trades on the market. That is all. Soon enough, your first profits will start flowing into your trading account and a couple of days later you can send your first withdrawal request in order to receive access to your accumulated earnings.

Returns

A bonus of 50% is offered for the $250 deposit with a wager 20 times the sum of the bonus plus the amount deposited, by this binary option brokers. It also offers Protected Bonus Trades. Basically a required turnover will have to be achieved before a trader can withdraw.

Cost

You don’t need to worry about any required payment as the services of this brokerage are offered for free. There are no additional costs, delayed fees and taxes. Only your initial deposit, which however is going to be used for trading purposes only.

Banc De Binary Scam

The company seems to be respecting the law on one hand by following the regulatory body requirements which is apparent in the licensing of BBinary.eu and BBinary.co.uk having gotten the FCA go ahead. You can make deposits at Banc de Binary and feel safe and secure because trades are legit. You have to meet some conditions if you want to withdrawal funds after accepting a bonus.

Review Verdict: Banc de Binary is NOT a Scam

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Banc de Binary Withdrawal & Deposits

This binary options broker states their commitment to process withdrawal requests in a span of two working days in their T&C unlike other companies. Withdrawing from this binary options platform is easy and all users score them excellently although CySEC would hold them accountable if they went against the terms stated.

The minimum amount that can be withdrawn at binary option trading is $100, within the stated 2 days but depending on the method of withdrawal more time could elapse before the same has reflected in an account. The withdrawal methods available are; Money Bookers, AlertPay, Credit/Debit Cards and wire transfers which could incur fees from the processor despite it being free to withdraw from Banc De Binary.

banc de binary payment

Customer Service

The quality of this service is also extremely high and professionally designed. The supporting team consists of highly experienced, educated and motivated people that are always ready to handle your requests in order to help you. Traders can contact them via phone or e-mail address.

Testimonials

joanne“I know about this website as it is really popular and preferred by many people. However, I wasn’t sure that it was the right place for me to start my trading experience. Still, I decided to try it out and the results were really amazing. For only 3 days of placing trades my investment of $300 has grown to the amazing $5,245. I was so happy that I immediately placed a withdrawal request. It has been 3 months now and I am continuing to enjoy amazing daily profits. Banc de Binary are the best!”

– Joanne, 32, California

Conclusion

best choiceThere are many advantages to trade with Banc de Binary. This binary options broker is different from the others on the market – it can provide traders with great customer support, to answer all your queries and to trade binary options more successfully.

Banc de Binary has generous bonuses and promotions that investors can regularly benefit from. With so transparent Terms and Conditions traders can rest assured that they are trading with a broker who is away from participating in any fraudulent activity.

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