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Banc De Binary Review

Banc De Binary trading online

Banc de Binary has worked very hard to secured its place as the very best binary options broker in the industry. Since bringing binary options to the world of online trading the company has steadily grown, taking a sizeable chunk out of online Forex and continues to grow, having just been awarded the first government licence.

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Binary Option Platforms:

Whatever your trading needs are, Banc de Binary almost certainly have the platform to accommodate you. Their system currently features a total of five platforms. There is the standard platform with the greatest number of offered assets and high liquidity. They also have 60 Second Options for those quick trades at volatile times, and you can personalise your trades to suit your risk management strategy with the Option Builder. There’s the One Touch platform that pays upto 500% profit and you can chart your preferred assets more closely with BinaryMETA.

Asset Types:

It’s easier to ask which assets Banc de Binary don’t offer rather than which ones they do. There are currently over 200 tradable assets across currency pairs, indices, stocks and commodities. Payout percentages vary depending on the asset and the parameters of the individual trade but most trades fall into the company’s advertised payout range of 65% – 91%.

How to Deposit and Withdraw:

Deposits and withdrawals are fairly simple. You can choose from credit card, e-wallet and wire transfer methods to fund your trading account. Depending on your choice the funding process can either be instantaneous or take up to several working days, but regardless of your chosen method of payment your transactions are all insured by Banc de Binary. The company has made the privacy of clients’ information a top priority.

Customer Care:

If Banc de Binary has a strongest point, it’s definitely to be found in their customer care department. We ran a number of tests to see how accurate their claims of 24/7 service are and we found them to be highly impressive. Email, phone and live chat communications were all answered in a timely fashion regardless of the time or day that we called, and the average level of knowledge among their representatives was extremely high. Customer service tends to be an area where many companies think they can cut corners but not so here.

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$50,000 Demo Account:

As with other areas we focused on in our tests, Banc de Binary also trumped the field in the provision of their demo account. Many other brokers offer this only for a limited period of time. Banc de Binary gives all customers a $50,000 demo account upon their first deposit. This is really important. Having a demo fund to experiment with as you become a more proficient trader is an invaluable resource as far as we are concerned. 

REGUALATION

At the time of writing Banc de Binary is the only fully regulated broker of binary options in the industry, via CySEC. They are also registered with several other major regulatory bodies including the FSA, Banque de France and BaFin.

Traders should not underestimate the value of this when depositing money online. The new licensing in the industry, which Banc De Binary have been the first to achieve, offers a landmark legal framework which professional traders have long been calling for. How else are you to know that the person on the other end of the phone call has the right financial experience to be advising you on trades? How else can you be confident that your private information is being handled securely? And what used to concern us in particular, is how else can you be guaranteed that you will be able to withdraw you funds instantly when you wish?

Regulation is a promise of all the above to traders. Banc De Binary has made a number of changes in its operations and procedures to achieve the license, and is now reaping the rewards. Why trade elsewhere? Licensing gives them significant advantages over their competition, and will certainly make a consumer’s experience of doing business with them a safer and more rewarding process.

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