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BANC DE BINARY Review

BANC DE BINARY – BROKER REVIEW

Banc De Binary, has several offices with the main ones in Cyprus and in London. They are one of the more professional companies in the binary option markets. And were the world’s first regulated binary options firm with customers and business partners in over 100 countries around the globe. Their website can be viewed in English, Italian French, Italian, Danish, Germany, Portuguese, Danish, Spanish, Chinese and Arabic

They are one of the older more established brokers in the industry as they opened their platform in 2009. For several times they fall on hard times and ran into issue with the United States CFTC and SEC but they remain as one of the larger market player in the binary currency trading industry.

  • Platform Overview
  • Trade Types
  • Trading Tools
  • Payouts and Return on Loss
  • Assets Available
  • Account Types and Bonuses Offered
  • Final Verdict

Banc de Binary they offer today in 2015 the Spot 2.0, platform.

The Spot 2.0, platform is built to trade with speed can be a made it or break it feature for trading, especially if you get lags. So the system is fast. Not only for following signals and entering trades but also the charts are very fast, with the prices updating all the time , sometimes more than once every second. The platform offers a confirmation screen when you select a call or put trade. This means after you choose which asset you want to trade and the direction and click “submit”, a new screen pops up with the live asset price. When you click confirm on this screen, the price of your order is exactly that which appears on the screen at the time of the click, completely eliminating any chance of price slippage.

The new Spot 2.0 platform is easy recognizable and every broker that offers this trading platform looks the same at the moment. This can be good for when it help if you are already familiar with the system but also has it drawbacks as what you did not like in the platform in one of the brokers that is using spt2 you will most like come across again in another broker. The only changes are the graphs where you are able as a trader has thee ability to choose from 4 different trading screen layouts, including single graph, multi-graph and asset list.

Trade Types

  • One Touch: This is a high risk option where the asset simply needs to reach the strike price once in order for it to be in the money
  • Double-up: which is a trading type that does not make that much sense for the trader as you simply take a trade that you currently have and duplicate it to the current market price.
  • Rollover: this means when you lost a trade but you are convinced that this a flux and you guess the direction correct you will continue the trade, for the same payout just a higher investment, also for a trader in general not a good idea.
  • Early Sell: the coward trade, you simply cut the time frame short. For wining and loosing this comes with a price

Trading Tools

Customer Support

The easy part besides all regular channels that are offered for support like telephone and email, they offer also support in skype. I general during all office hours they are easy to reach.

Education

Traders can find basic introductory and tutorial videos as well as videos on binary options trading in general in the education section of the website. These videos are narrated in a crisp, clear voice, and are available in all languages that the site operates in.. Their e-book is easy to understand and they also provide a library of written articles on all aspects of trading and analysis.

Payouts and Return on Loss

Payouts

Banc de Binary claims to offer payouts up to 91%. I could not find within their system the 91% the highest payout I came across was 84%. Still you will always be able to ask them which assest are provided for 91% payout

Deposits/Withdrawals

A trader sis able to fund his or her account using credit cards, wire transfers, Skrill and a few other smaller payment and deposit methods. In order to get your money out you have to fill in a form and request a minimum of $50 in order to get this withdrawal transfer made for free, Skrill and other payment programs. Withdrawals are made by filling out an online form. There is no withdrawal fee and only withdrawal requests of at least $50 per transaction are accepted.

Assets Available

Banc De Binary offers approximately 90 tradable assets to choose from, including assets that are tradeable on the weekends.

Account Types and Bonuses Offered

Bonuses

Banc De Binary provides a bonus to new traders on their initial investment of between 50% till a 100% in general no special promotions and bonuses are worth mentioning are offered. But anyways keep in mind there is no such thing as free money, if you look to make money you do not accept the bonus as it will limit you taking out your winnings since you have to trade a large amount in volume in order to get the bonus money cleared for withdrawal

Final Verdict

Banc De Binary is a good broker , make sure thou that you are trading on your account and do not use their service of trading for you as account manager as they will most likely burn through your funds faster then you would have done so yourself. The new platform is a good upgrade over the old one and with their offering and global reach this is still a broker that is good to try.

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TopOption Details

Website https://bancdebinary.com
Established 2009
Based In Limassol, Cyprus
Telephone 1(212)710 5905
Platform proprietary
Regulated Fully CySEC EU Regulated
Mobile Specific Trading Yes, Android & iPhone App
US Traders NO
Account Currencies USD, EUR, GBP
Languages English, Italian, Spanish, German, Russian, French, Dutch, Arabic, Polish, Japanese, Swedish, Multi-lingual
Option Types Standard Call/Put Binary Options, One Touch Binary Options, 30 Second Binary Options, 60 Second Binary Options, Long Term Options (up to 9 months), Pair Options
Option Expiry Times 60sec, 2min, 15min, 30min, 1hr, 24h up to 150 days
Underlying Assets Stocks, Commodities, Currency Pairs, World Indices, Stock Pairs
In the Money Returns ·         Up to 85%

·         Up to 500% High Yield Touch

Out of the Money Returns Not stated
Minimum Trade $1
Max. Trade $6,000
Minimum Deposit $250
Deposit Methods AlertPay , Bank Wire Transfer , Credit Card , Debit Card , Moneybookers , Western Union
Withdrawal ·         24 hours to process request –

AlertPay , Bank Wire Transfer , Credit Card , Debit Card , Moneybookers , Western Union

Documentation Needed for Withdrawal Photo ID and proof of address. ie. utility bill
Support Live Chat, Email, Phone (Phone Support For 36 Countries)
Live Chat Yes
Support Email  info@bbinary.com
Support Languages Customer support in 8 languages (English, Spanish, Russian, German, Italian, Portuguese, French, and Arabic).
Demo Account Free Demo account upon request
Platform Features
  • Standard Call/Put Binary Options
  • One Touch Binary Options
  • 30 Second Binary Options
  • 60 Second Binary Options
  • Long Term Options (up to 9 months)
  • Pair Options
Free Tools Streaming News Feed
Market analysis
Zulutrade
Full educational center

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Bonuses & Promotions

How Do I Get My First Deposit Trading Bonus?

For an account with $250 in it, a 100% bonus means an extra $250 to trade with.

Bonuses can range between 50%-100%.

If you talk to them directly you are able to get more bonus

 

Bonus Terms and Conditions

All bonuses are offered at our Account Executives’ discretion. While bonuses have obvious advantages, you are never required to accept them. Every bonus requires a trading turnover before a withdrawal is allowed. We do not advise that you accept a bonus unless you are committed to trading over a long period of time and understand the Bonus Terms and Conditions.

 

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Accounts

Bronze PRO Account VIP account
 Deposit Amount $250+ $2500+ $5000+
190 trade able assets yes yes Yes
Daily market reviews and financial research yes yes Yes
Access to webinars twice a month Yes yes Yes
Trading alerts and event analysis Yes Yes
Luxury loyalty store gift Yes Yes
Direct line to your account manager 10 days Yes
Trading signals from Trading Central 1 month 3months
Bonus protected trades from account manager Yes
Introductory private session with an analyst Yes
Smart money management plan Yes

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Screenshots

Binary Options Trading full page     bancdebinary-trading-platform-700

Assets

Currencies AUD/CAD Stocks 3M
Currencies AUD/CHF Stocks AIG
Currencies AUD/JPY Stocks ALIBABA
Currencies AUD/NZD Stocks ALLIANZ SE
Currencies AUD/USD Stocks AMAZON
Currencies CAD/JPY Stocks ANZ BANK
Currencies EUR/AUD Stocks APPLE
Currencies EUR/CAD Stocks AXIS BANK
Currencies EUR/GBP Stocks BANCO SANTANDER
Currencies EUR/JPY Stocks BANK OF AMERICA
Currencies EUR/USD Stocks BARCLAYS
Currencies GBP/CAD Stocks BAYER AG
Currencies GBP/CHF Stocks BESTV NEW MEDIA
Currencies GBP/JPY Stocks BHP-AU
Currencies GBP/USD Stocks BHP BILLITON
Currencies NZD/JPY Stocks BAIDU
Currencies NZD/USD Stocks BLACKBERRY
Currencies USD/CAD Stocks BMW
Currencies USD/CHF Stocks BNP BANK
Currencies USD/JPY Stocks BOEING
Currencies USD/MXN Stocks BP
Currencies USD/RUB Stocks BRITISH AMERICAN T
Currencies USD/SGD Stocks CATERPILLAR
Currencies USD/TRY Stocks CHEUNG KONG
Currencies USD/ZAR Stocks CHINA PACIFIC INSURANCE
Commodities COFFEE Stocks CISCO
Commodities CORN Stocks CITIGROUP
Commodities GOLD Stocks COCA COLA
Commodities OIL (BRENT CRUDE) Stocks COMMONWEALTH BANK
Commodities PLATINUM Stocks DAIMLER AG
Commodities SILVER Stocks DANONE SA
Commodities SUGAR Stocks DEUTCHE TELECOM
Commodities WHEAT Stocks DISNEY
Indices ASX Stocks EBAY
Indices ASX FUTURE Stocks EXXON MOBIL
Indices BOMBAY SE Stocks FACEBOOK
Indices BOVESPA-F Stocks FIAT
Indices DAX Stocks GAZPROM
Indices DAX FUTURE Stocks GENERAL ELECTRIC
Indices DOLLAR INDEX F. Stocks GOLDMAN SACHS
Indices DOW Stocks GOOGLE
Indices DOW FUTURE Stocks GROUPON
Indices DUBAI Stocks HSBC-HK
Indices FAZ-SHORT BANKS Stocks HSBC HOLDINGS
Indices FRANCE 40 Stocks IBM
Indices FRANCE 40 FUTURE Stocks ING GROEP
Indices FTSE 100 Stocks JOHNSON & JOHNSON
Indices FTSE FUTURE Stocks JP MORGAN CHASE
Indices HANG SENG Stocks KEC (SA)
Indices HANG SENG FUTURE Stocks KING DIGITAL
Indices IBEX Stocks LAS VEGAS SANDS
Indices IBEX FUTURE Stocks LEUMI
Indices JAKARTA SE Stocks LINKEDIN
Indices KL FUTURE Stocks LOUIS VUITTON
Indices KOSPI Stocks LUKOIL RS
Indices MICEX10 Stocks MCDONALD’S
Indices NASDAQ Stocks MICRON
Indices NASDAQ FUTURES Stocks MICROSOFT
Indices NIFTY Stocks NATIONAL AUSTRALIA BANK
Indices NIFTY FUTURE Stocks NETFLIX
Indices NIKKEI 225 Stocks ORANGE S.A.
Indices NZX50 Stocks PETROBRAS
Indices PSI 20 Stocks PFIZER
Indices QATAR Stocks PUBLICIS GROUPE
Indices SHANGHAI COMPOSITE Stocks RENAULT
Indices SHENZHEN 300 Stocks RIO-AU
Indices SMI-FUTURE Stocks RIO TINTO
Indices S&P 500 Stocks ROSHOW TECHNOLOGY
Indices S&P FUTURE Stocks ROSNEFT’
Indices SSE180 Stocks S.BANK INDIA
Indices STRAITS TIMES Stocks SAB MILLER
Indices TAIEX Stocks SAUDI BASIC INDS
Indices TEL AVIV 25 Stocks SAUDI REFINERIES
Indices TNA-LONG X3 Stocks SBERBANK
Indices TZA-SHORT X3 Stocks SHENZHEN TATFOOK
Indices VIX Stocks SIEMENS AG
Stocks STARBUCKS
Stocks TATA MOTORS
Stocks TATA STEEL
Stocks TESCO
Stocks TESLA
Stocks TEVA.TA
Stocks TOTAL S.A.
Stocks TOYOTA
Stocks TWITTER
Stocks UBS
Stocks UNILEVER
Stocks VIVENDI SA
Stocks VODAFONE
Stocks VOLKSWAGEN
Stocks VOLVO
Stocks WAL-MART
Stocks WESTPAC
Stocks WYNN RESORTS
Stocks YAHOO
Stocks YAOJI PLAYING
Stocks ZHEJIANG DAILY MEDIA

 

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