Banc De Binary Review
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- Languages Availble:
- English, Arabic, Duetch, French .
Banc de Binary is one of the very first binary options brokers to have hit the online scene. Given its location in Limassol, Cyprus, this company is fully licensed and regulated by CySEC or the Cyrus Securities Exchange Commission. This license was obtained in January of 2013. Banc de Binary is additionally registered with the CONSOB in Italy and the FCA in the United Kingdom. It does not, however, service traders from the United States.
The official trading platform of Banc de Binary is SpotOption. SpotOption is an extremely popular trading platform among binary options brokers, particularly those who have Cyrus licensing and CySEC regulation. It is intuitive, easy to use and highly responsive. Moreover, it allows for the rapid execution of trades so that technical delays do not result in loss. One of the most important things to remember when reading a Banc de Binary review is the fact that licensed entities in Cyprus must have transparent operations and trading platforms that comply with the requirements of regulatory bodies.
With this in mind, consumers can know that the Banc de Binary has a first-class trading platform that has been thoroughly inspected and approved by CySEC. Moreover, this is also the only online broker with its own online radio station. Since its inception in 2009, this has been one of the web's most trusted binary options brokers and provider of up to date market analysis and educational tools.
Languages and Support
One of the best-loved features found at Banc de Binary is an extensive array of training resources and trading information. For many traders, this single platform provides everything that is necessary for establishing profitable trading theories and for learning the ins and outs of the binary options market. Support is thorough as well with options to connect with team members via email, live chat and Skype. This platform additionally supports eight languages including Portuguese, Italian, Russian, Spanish, French, German, Arabic and English.
Banc de Binary operates on a 7-day trading week which is far superior to the standard 5-day week for most traders. They have 80 assets available and traders can expect an average payout of about 81%. Unlike many brokers, this platform also provides account holders with free access to a demo account with $50k of virtual funds to trade in a simulated setting. When engaging in real-world trading, traders can choose from standard call/put orders ranging from 60 seconds to 15 minutes, long-term trades that last between three and six months, and pairs. It offers 8 commodities, 20 indices, 40 stocks and 12 currencies.
Banc de Binary offers up to a 50% bonus on minimum deposits of $250. In order to withdraw funds after having accepted this offer, however, account holders will need to trade twenty times this amount plus the original deposit amount. Higher bonuses are available with premium accounts which also come with access to additional learning resources and trading tools. With increased bonus amounts, traders will also have higher required turnovers before withdrawals are allowed.