Banc de binary Binary Options Broker
At the same time, the financial security of its own customers, expand of the trading base with the progressive development of the trade quality are among the prerogatives of the company. Its clients include traders from more than 100 countries around the world, among which there are private investors who invest small deposits and owners of VIP accounts with millions at their disposal.
Today, Banc De Binary is a fairly large brokerage company in the rapidly growing market of financial services. At the same time, the reputation and the name of the broker have been mentioned repeatedly at international exhibitions and competitions of financial services as a specified broker that became the first regulated financial company in Western Europe providing services to trade binary options. Today, the company's services are available to clients from the United States, Canada, Western and Eastern Europe as well as Asia.
- Profit - from 70% to 400%
- Reimbursement - No
- Minimum deposit - $ 250
- Minimum Bid - $ 25
- Demo - account - Yes
- Mobile version - Yes
- Education - Yes
The registration process
The registration in the company is quite simple. The client is not burdened by filling boring forms. Just a few minutes and you are already the client of one of the most famous companies of binary options trading in Western Europe.
Note that Banc De Binary is a purely Western European company. So, the customers from around the world will have to deal with European values starting from the depositing. The account can be opened in one of three currencies: euro, dollar or British pound sterling. However, the company offers a rather meager choice of depositing ways: cards Visa, MasterCard, electronic funds transfer Moneybookers and international bank transfers. However, all these methods are available worldwide.
Trading terminal of Banc De Binary from SpotOption is well-known and used by most of binary options’ brokers. Of course, nothing new, in this case, you will not see. However, the platform is not bad. It has a pretty nice interface, intuitive features and a variety of tools and options are available. In addition, the virtual marketplace is quite fast and dynamic, allowing you to switch between financial assets and options.
Work with Banc De Binary has the following advantages:
- Nice and convenient user’s interface;
- Intuitive access to all the functions;
- A sufficient choice of options;
- A decent selection of financial assets;
- Security via SSL protocol;
- Quick response to traders' trading orders.
The main disadvantages of the platform:
- The lack of tools for technical analysis;
- No possibility to change the options for plotting quotes.
Set of financial assets
We cannot say that Banc De Binary has a striking choice. However, there are 82 of them and this is quite sufficient for reliable trade and profit. Among the tools provided for the trade are 42 shares, 12 currency pairs, 8 commodities and 20 indices. At the same time, the specialists made a stress more on the European trading tools that, in their opinion, are the most profitable and promising.
Types of options
Brokerage Company Banc De Binary offers its traders the following options:
- Binary options – this is a classic type of option which is the most popular among traders, as the condition for profit is the implementation of only one condition by the price - to be at the predicted by the trader increase or decrease level at the time of expiry. At the same time, the profitability of the deal is 75%.
- Paired positions – this is one of the most recent developments of the binary options market. In this case, the brokerage company matches the pairs of various financial assets that have never been compared. Thus, the clients of Banc De Binary can trade on the ratio changes of EUR / GOLD OIL / USD, etc. The technology of the profit is identical to the classical binary options.
- Long-term options – this technology of producing a profit is similar to the classic options. At the same time, on the contrary to the classical options where the term of expiration is not available for more than 1 hour, the long-term options can be opened up to six months.
- Sixty seconds – this is a high-speed type of trade. The term of expiration is only 60 seconds. The profit is dependent on the same conditions as for the classical binary options.
- One touch – this is the option that significantly differs from the above-described types of trade. In this case, the important thing is only whether the price touches the specified price level or not. The brokerage company offers the trader to make medium-term prediction of the price movement direction and the time when it achieves the given strike level. To get a profit, one touch of that level is enough. At the same time, the profitability of the specified contract is 180% - 220%.
Education in the company
Banc De Binary has certainly worked in the field of customer service rather well. The company has prepared a rather extensive training program for its own traders, which will be very useful for beginners, as well as for professionals in option trading. First, traders are encouraged to have an introductory course in binary options trading, then read the interactive book which describes the technology of trading in more details, as well as some unpretentious trading systems. In the end, the customers are prepared for a great selection of videos about binary options.
Customer Support 24/5
Customer support is carried on the high quality level and professionalism of working with clients which was embedded in the financial services industry of the European Union for a long time. Although the support is conducted 5 days a week (since trading at the weekend is forbidden), but this level of support is very high. Of course, communication with the customers takes place in their native languages, since the support of the company is carried out in 8 languages. It is possible to communicate with managers, consultants via online chat, phone call (call back is possible) and e-mail.
Deposits and withdrawals
The options for deposit in Banc De Binary, as in all the brokers, are based on American means: VISA, MasterCard and China Union Pay. Among the electronic payments there are Skrill and Diners Club. In general, this is certainly enough, but very little for such a serious company like Banc De Binary.
Pros / cons of Banc De Binary
Banc De Binary is a company of the European level of service with a worldwide reputation, and their services are subject to the North American and Latin American continents, Asia and Europe.
We distinguish the following advantages:
- The minimum deposit is 250USD / GBP / EUR;
- The minimum rate is 25 USD / GBP / EUR;
- The time-tested trading platform;
- Security via SSL protocol;
- A good selection of assets;
- Intuitive trading.
The drawbacks are:
- Bad choice of possible deposits;
- Lack of technical analysis;
- The lack of bonus programs.
The company Banc De Binary is a company focused on the European values of trading in financial markets. So, traders who choose this broker simultaneously choose stability and good conditions for trading. However, apart from a good professional support, the average level of education, as well as more or less normal conditions for trade, traders do not see any additional privileges. Since the bonus programs are not carried out. However, the use of bonuses has always been and remains questionable.