BancDeBinary.com Review
Year Established: 2009
Platform: SpotOption
Min. Deposit: $250
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| Doesn't Accepts US | Regulation | Payout | |
|---|---|---|---|
 |  | Up to 91% |  |
Banc De Binary was established is 2009 and was one of the first brokers to use the SpotOption trading platform. In 2013 they were the first broker to receive a CySEC CIF license making them regulated throughout the EU. Banc De Binary is marketed as not just a binary options broker, but as an investment firm. They provide all types of education and market data which I will address later in the article. They also have many brokers who are available to assist traders depending on the amount deposited.
Summary of Banc De Binary
Customer Service: Live Chat was responsive on the different times of day that I utilized it. The support phone line was also responsive with a live operator. Skype contact is also helpful.
Deposit/Withdrawal: Deposited with credit card and was able to activate right away. Withdrawal was completed within their suggested time frame.
Trading/Execution: Execution was satisfactory.
Features: Had virtually the full range of binary options trading features.
Trading Education and Market Data
Banc De Binary provides a good trading experience. They also provide a decent amount of educational material including training videos, a walkthrough of the platform, basic trading analysis and some downloadable information. They also provide some market data. The amount of trading assistance and personal attention is a step up from many other brokers.
Probably the most important benefit is that Banc De Binary is fully licensed and regulated throughout the EU. With this new regulation in place it means that the trader has security under the financial laws of Cyprus.
To Further Explore the Banc De Binary trading platform or to open an account Click Here.
Banc De Binary Details
Assets Available to trade: Assortment of 39 Stocks, 21 Currency pairs, 8 Commodities and 20 Indices.
Currencies Accepted for Deposit: USD, EUR
Minimum Deposit Amount: 250USD or 250EUR
Minimum Trade Amount: $5
Deposit Methods: Visa, MasterCard, MoneyBookers, Wire Transfer, AlertPay
Withdrawal Time Frame: 24 hours to process request.
Support: Banc De Binary has a 24/7 Live Chat, Customer Phone support for 10 countries and Skype Support. Trading platform is translated into 3 languages.
Demo Account: Demo account available .
Bonus Structure: Deposit bonus of up to 100%. (Check with customer service before depositing to confirm bonus offer).
Platform Details
Trading System
Upon clicking the Trading Platform tab on the Banc De Binary home page you are presented with a trading screen displaying what they call Most Traded assets.
The Trading Screen displays 5 trading choices: Binary Options, Options Builder, One Touch, 60 Seconds, BinaryMETA
Binary Options trading are standard Call/Put trades. Default trade screen displays the Binary Options Most Traded – 3 Binary Option Trade boxes. Trader can select top commodity, currency, index, stock or pairs by clicking on the corresponding tab. At any time trader can select binary option trade of his choice from the drop down asset selector in each trade box.
Trading Features:
Option Builder
Trader can configure option parameters including trade risk.
One Touch Trading
Trader predicts whether stock will touch given price within given time frame. Banc De Binary offers either One Touch Call trades, where an asset must go up to a certain price or One Touch Put trades, where an asset must go down to a certain price. These are longer term options which offer high rates of return of up to 500%.
60 Seconds Trading
Standard Call/Put Binary Trades that expire in 60 seconds.
Open 60 second orders are displayed below the trade screen.
All other open orders are displayed in a separate open order box as follows:
From Open position screen trader can select the Roll Over or Double Up feature by clicking on one of the following buttons:
- Double Up x 2: While in a position trader can choose to double his investment.
- Rollover: For a commission trader can add time to current trade.
BinaryMETA
Click BinaryMETA tab to open the advanced pro trader order screen:
- Sell Off Feature: From the BinaryMeta Screen trader can choose to sell the option before expiry back to trader Banc De Binary for a fixed amount.
To Further Explore the Banc De Binary trading platform or to open an account Click Here.
