In this review, we are here with Banc De Binary Review which is a legitimate binary options broker. When we decide to review a binary options broker platform there is obviously some eye-catching facts of that specific broker which attract our attention and in this list of brokers Banc De Binary is one of them. What brokers we reviewed before and what brokers we are going to be reviewed among them Banc De Binary obviously one of the best. About this broker we found numerous positive facts during reviewing and Legit Binary Review team pulled out and gather all the information in one place here in this review.
Important Notice: Bance De Binary broker is going to shut down their operation in the market, currently they are not accepting any new customers and they are in a process of refunding the deposits of existing customers. A high level officer of the CySEC binary options regulation authority confirmed that and a officiat of this broker also confirmed that at an interview with Finance Magnates.
Banc De Binary, a binary options trading platform was founded in the year of 2009 and since then this broker is known as one of the leading binary options trading platforms in the industry, not only that Banc De Binary is also listed in World Finance and wins multiple awards for the extraordinary service. Banc De Binary is the regulated binary options broker in the world and whole over the world from more than 80 countries they have their valuable customers and for that reason this broker is famous as one of the most trustworthy brokers in the market. You should understand that this kind of reputation is not easy to build when there is so many binary options broker available in this industry.
Can be over $100,000 (Depends on the Account type)
USD, EUR, GBP and More
Yes, Both for Android & Apple Devices
All nations except USA, Australia & some other Asian Countries
Banc De Binary Official Website
Click the Below Banner to Visit Banc De Binary Official Website
Pros of Banc De Binary
– The amount of Deposit bonus is very good
– There is a good variety of options for trading
– Traders can have excellent returns from their investment
– Trading platform interface is user-friendly
– The minimum investment amount is so small which is affordable to all
Cons of Banc De Binary
– Banc De Binary is not accepted customers from USA, Australia & from few other Asian Countries.
Know about the key features:
Banc De Binary Key Features
There are so many features in this broker’s platform so it is hard to describe the key features just like the Binary.com binary options broker. It is possible to write a whole content Depending on their key features, but here we tried to present them in brief for you. Now let’s explore the whole content and know the key features of this amazing trading platform.
The experience of Banc De Binary is one of the best key features of them because they are in the market since 2009, from then this platform continuously helping the trader by adapting and improving itself with the ever changing market. This trading platform is so user-friendly with various learning and analysis tools which make it comfortable for the traders. This trading platform listens to their customers, try to understand their need, they improved to fulfill the Demand of their customer and incorporation with the customer’s suggestion is one of the best things of this broker.
If you don’t have enough time for trading or if you want to trade from anywhere anytime then Banc De Binary can be the solution for you because they have an amazing mobile application for the traders. By this app you can trade from anywhere anytime, feel your freedom because you don’t need to sit down before your PC for trading. You can download this mobile app easily for your smartphone or tab and can enjoy the freedom of trading. This is also a great way for Banc De Binary to keep the track record of their customers and by this app traders can place their trades from anyplace of the world, they just need an internet connection for that. Banc De Binary also features automated trading software options and give the customers proper signals for trading.
How to trade with this broker?
Trading with Banc De Binary
There is a huge list of trading assets available in the Banc De Binary which is around 190 and more assets trade can be placed by the traders than most of the other binary options brokers. Banc De Binary assets include currency pairs, indices, commodities, and stocks.
Here in this broker there are available many stocks which include many well know brand and famous companies of the world. You will find about 100 different stocks there and in addition to 30 type of currency pairs you will find. Among the currency pair GBP/CAD, JPY/NZD, and EUR/USD are popular.
You can choose indices from 30 different options which includes popular ones like Nikkei 225, IBEX, S&P Futures, and NASDAQ. For commodities trading you can choose from popular commodities like silver and gold. Most of the binary options brokers not offering Brent crude oil but Banc De Binary offers this as well as with wheat, sugar, corn, and coffee.
Bonuses! Is it true?
Bonuses of Banc De Binary
Banc De Binary will not disappoint you for sure if you want to invest free money for the trading business of yours. We found some great bonus offer in this broker, it is great because many of the brokers are not providing that bonus. We found at least three different type of bonuses on this platform.
The bonus giving starts with the sign-up bonus after the traders complete the process of registration. This broker sing up bonus is high among many other brokers and it can be up to 100% which Depends on the initial Deposit amount of the traders. So it is very much possible to double your money before start trading with this platform and it’s real bonus, isn’t it?
But the sign-up bonus is not the end anyway, traders can earn referral bonuses by referring people Banc De Binary who are looking for a legit binary options trading platform to perform their trades and thus the traders can earn more and more free money for their trading business.
There is another type of bonus which offers the Banc De Binary. The traders can have event bonuses from the trading events offering by this broker. But here is a catch and that is this event may not be announced and scheduled, you to check for it regularly and the bonuses amount completely depends on Banc De Binary.
You have to follow the rules and regulations of this broker to get these bonuses, don’t worry, it’s easy as Depositing money to this broker, after that you will get sign up bonus, you can use this free money for trading or you can withdraw this free money. But you have to trade a certain amount of money before withdrawing the bonus amount to prevent the fraud activity and for the broker’s protection.
How much you can earn with this broker?
Maximum Profit & Payout
The return rate of traders investment is surprising and this encourage us to tell you about this amazing broker platform offers, it is a clear message to the traders that they can earn in a high rate from their investment. To check the return rate we deposited to this broker and we had a return rate of 60%-91% which is considered as high payout rate in the binary options market.
This broker platform fixed the minimum and maximum investment amount for the traders but this range is very vast, so traders need not to be worried about that and sure you will be satisfied with this vast range of investment amount. $1 is the minimum investment amount if Banc De Binary which is considerably very low and the experience traders who are able to take huge risks for them the maximum investment amount is $6000.
What types of accounts have this broker?
Accounts Types of Banc De Binary
There are different types of account in Banc De Binary for the traders and every type of account has a diffident amount of initial investment amount like the other brokers. The higher accounts have more facilities and benefit than the lower accounts of that with so many more features. So to get more benefits and to unlock more features it is wise to Deposit the highest amount what you can afford. The faster withdrawal process, increased number of available trading assets and the learning tools are included in extra features.
Here is the overview of Banc De Binary broker platform what we found:
Banc De Binary offers a Demo account to the all-new traders and customers with free virtual money to test their platform and learning binary options trading. A trader can have a Demo account only once after registering with this broker and when the traders feel they are ready to go with real cash they can start with the real money accounts in this broker platform.
Bronze Account is the basic real money account of this broker platform. The initial Deposit amount is $250 and you can invest up to $2,500 in this account. For the starter level trader this account is recommended and this account is also suitable for the traders who want to invest a little amount of money to see the real performance of this broker platform.
The initial Deposit amount is $2500 for the Silver Account and you can invest up to $5,000 here in this account. For the traders who have intermediate level experience this account is good for them and by this account they are able to take more risks by placing more trades than the beginners.
Gold Account is for experienced and seasoned traders who are able to take huge risks mentally and financially because big risk taking actually starts from this account. The initial Deposit amount is $5,000 and you can invest up to $10,000.
Lion Premium account
Lion Premium Account is one of the highest level account what Banc De Binary have, the initial Deposit amount is $10,000 and you can invest up to $25,000 through this account. You understand that it’s not for the beginners or small amount investors.
Lion Platinum Account
Another highest level account of Banc De Binary is Lion Platinum Account which initial Deposit amount is $25,000 and can be invest up to $100,000. You need a lot of guts to maintain this account anyway.
Exclusive Account, the supreme accounts of this broker. You cannot open this account normally because only the invited traders and customers of Banc De Binary can open this account which initial Deposit amount is $100,000 and can be invest up 100,000+ amount.
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What asset you will find for trading?
Assets of Banc De Binary
Banc De Binary has a wide range of assets for the different level traders to place their trades which includes the commodities (silver, gold, corn, coffee, sugar and more), stocks (Coca-Cola, BAT, Apple and more), currency pairs (USD/GBP, EUR/USC, JPY/NZD and others) and indices like Nasdaq, FTSE 100, Nikkei 225 etc. Actually Banc De Binary has an impressive list of assets with over 200 assets which are tradable from more than three dozen countries from around the world.
Okay, what about the options and expiry time?
Options and Expiry Times of Banc De Binary
SpotOption platform a popular platform among the brokers is used by the Banc De Binary and this platform has every type of trading strategy and style for the binary options trading. You will find everything in this platform like short-term options, long-term option as well as regular options. You can choose as your need whether it’s long-term and slow building or quick and high energy profits.
There are different expiry times in this platform for your trading which can be very short like 30 seconds or 60 seconds or can be up to 5 minutes. The options which remain open for the whole day you can trade those options too, moreover you can choose the options with the expiry time of a day or a week or months.
This wide range of options and expiry times gives the traders a chance to make their trading strategies for high-risk and low-risk trades and also give them the opportunity to make the best trading portfolio.
But a catch of this broker platform is that they are not providing ladder and touch options. If you are a trader of these options then you have to move to other platforms who give you these options. We think the option opportunities of Banc De Binary what they are giving to the traders is sufficient enough for the trader’s satisfaction.
Is this broker has any mobile app?
Banc De Binary Mobile Application
The Mobile Application of Banc De Binary is available in online, for Android Devices you can download it from Google Play Store and for Apple Devices you can download it from the App Store. Among all the trading app of binary options industry this app is one of the best and it is very user-friendly. You will find all the main Desktop features of this platform in this app.
You will have to spend few minutes to setup this app and from anywhere in the world you can use it if you have an internet connection. The main advantage of this is you can trade from anywhere while you are away from your PC. However, before start using this app you will have to register with this platform to have the username and password.
Economic Calendar! What is it?
Economic Calendar of Banc De Binary
An economic calendar is offered by the Banc De Binary which is truly a useful and unique feature of this platform. You will find the events from around the world, companies announcements, governments statistics and the market latest updates from this calendar and that is what this calendar is useful. From this calendar you will also know about the upcoming events of the industry and about their effects. By all these valuable information you can modify your trading strategy and this will minimize the risk level of your trading business. The best part is this calendar is very easy to use.
Here is the answer what you are looking for:
Is Banc De Binary a Scam or Legitimate Broker?
Banc De Binary is not a scam broker because this broker is regulated and licensed by the CySEC. You should know that scam brokers are not able to go through the strict licensing process of CySEC.
By providing the professional operations and customer supports this broker platform give the traders proper peace of mind what they needed.
If you trade binary options regularly day by day you will able to find out the scam signals and we guarantee that you will not able to find any scams in the Banc De Binary. However, you should check the bellow point carefully:
Satisfied Customers & Investors – From all over the world Banc De Binary has a large base of customers and investors, if the quality of this broker is not good the customers have no reason to stay with this broker.
Professional Looking Website – The website of Banc De Binary is very easy to use and built professionally which is secure and fast with lots of features
Guides & Help – It is the exceptional thing that this broker providing a huge amount of educational materials for the traders.
Impressive Reputation – If you want to find out a scam broker then read the customers reviews and you will know whether the broker is a scam or legitimate, that is the plus point of this broker platform because it is hard to find any negative review from the customers about this broker.
The customers have a very high-level customer support in this broker and that is the reason of not having any negative customer review of this broker. Its customer support team is professional, responsive and sympathetic, as long as you face a problem they are always ready to solve it for you within the shortest period of time. You will not have this kind of customer support in the scam broker platform.
Banc De Binary’s Lion Academy
All the help guides and articles of Banc De Binary you will find in the Lion Academy. If you are a new trader of this platform, you should visit this feature first. There is so many information here about binary options trading so it’s worth a visit after register with this broker.
How works the security system?
Privacy and Security of Banc De Binary
Banc De Binary maintains all the protocols and privacy policies to protect the personal information of the traders and their accounts. They operating an EV SSL which complies with the PCI standards during data processing, and to prevent fraud activities and verify the customers Deposit Banc De Binary partnership with the MaxMind.
Screenshot of Banc De Binary Platform
Let’s focus on the trading platform:
Banc De Binary Trading Platform
Popular trading platform SpotOption is used by the Banc De Binary broker. For the simple interface this platform is well known to the traders and also very easy to operate to the new traders. This platform has the feature to accommodate the individual investors as the need by the simple customizable layout.
By the easy navigation system of this trading platform traders can easily navigate the website through simple clicks. The layout out is extremely well furnished, informative, understandable and readability is very good, in one sentence this website is well Designed in any prospect.
Minimum how much money do you have to deposit?
Minimum Deposit Amount of Banc De Binary
It is true that the minimum deposit amount of this broker is higher than the other brokers and that is $250. If we compare it with the IQ Option we see that IQ Option’s minimum deposit amount is only$10. But there is obviously a reason of Banc De Binary’s higher deposit amount and that is they are giving large bonus offers which can be 100% of traders deposit amount. That mean traders can turn their initial $250 deposit amount to the $500 by adding the bonus amount. If they were a lower deposit amount it was not possible for them to provide that great bonus offer.
Is demo account available?
Banc De Binary Demo Account
For the new traders a fully functioned Demo Account is provided by the Banc De Binary. By using this account you can test this platform and also can learn the using process of this platform’s functions and features. If you are a new trader then you can also use this account to learn the binary options trading. You can also use this account for testing your trading strategy and how you proceed with your strategy. You need not use real money for this account because this broker gives you virtual money for that.
After testing this platform and learning binary options trading with this demo account if you confident enough to start real money trading then you can switch this demo account to a real money account. You have to deposit real cash for that and the wins or profits will be real then.
How to place trades on this platform?
Placing Trades with Banc De Binary Platform
The trader will find various options for trading in this platform, traders can choose from the Meta chart options, option builders and high/low options. There are many different expiry times of the trades such as 30 seconds, 60 seconds, 5 minutes, 15 minutes, 30 minutes, 1 hour, 24 hours and even months. Traders can select the assets for trading from the commodities, indices, stocks and currency pairs. We found a large variety of trading assets for placing trades in Banc De Binary broker platform.
What learning tools can you have on this platform?
Banc De Binary Learning Tools
Banc De Binary provides very effective learning tools for the customers and the best one is their free Demo Account. This free Demo Account is a great learning tool to learn binary options trading without risking your real cash.
By the way only to the Demo Account their learning tools are not limited, traders will have the access to the Lion Academy of this broker where they find many more learning tools like the binary options trading introduction courses, e-book with full of information, trading videos where discussing the trading experts, written contents covering the binary options analysis and trading.
How this platform helps the traders?
Strategies and Help of Banc De Binary
We think for the beginners the best platform is the Banc De Binary because of the variety of educational tools. You have to learn a lot if you are a new binary options trader. Here this broker teach you binary options trading and to familiar you with different types of strategies of trading they prove more than 1000 written articles which will help you to become successful.
By these articles you can learn the difference between the bull market and the bear market. Other articles will help you to learn about trading risks, available assets, and strategies. You will also find tips to choose the right and legit brokers for you and how you can stay away from the scam brokers.
In this platform you will find the live market condition, the trending assets information, what’s gone viral covering the multiple sections of commodities, indices, stocks and currency pairs.
Deposit and withdrawal methods:
Banc De Binary Banking System
The banking system of this broker is really incomparable because you can use several currencies like the USD, GBP, NZD, EURO etc. for deposit money and withdraw money.
Several payment services also accepted by the Banc De Binary for deposit and withdraw money like the Visa Cards, MasterCard, Maestro, World Wide Bank Wire transfer, Cartebleue, Diners Club, Moneybookers, Skrill, iDeal, Amex and more.
$50 is the minimum withdrawal amount and withdrawal process can be take up to 2 days which is quick regarding other brokers in the market.
What about the customer service?
Customer Service of Banc De Binary
On a very responsive way customers of Banc De Binary will find the customer service of them. Their customer service is always reachable through the e-mail or live chat. The representatives of their customer service are able to take queries in different languages like English, Arabic, Portuguese, Dutch, Italian, German, French, Spanish, and Arabic.
Noted Drawbacks of Banc De Binary
In the US market alongside with Australian and few Asian countries this broker is not available and that is the biggest drawback of this broker. They have the lack of options in customer support because they don’t provide any support over the phone, but it is true that with the live chat and e-mail service their customer service is really quick.
The conclusion of this broker review:
Summary of Banc De Binary Review
After reviewing the whole platform of this broker what should we say? When discussing ourselves about this broker platform we all agreed that Banc De Binary is one of the best and impressive binary options trading broker available in the current market because we found a very little catch of this platform.
In one sentence, we recommended Banc De Binary for all type of traders whether newbies or experienced. You will have great trading experience with them for sure, really legit and good platform, traders should seriously consider this platform because it is that kind of amazing platform which deserves it.