Overview

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Details

Broker Banc de Binary
Website URL Bancdebinary.com
Headquarters Kanika International Business Centre office 401, Profiti Ilias 4, Germasogeia 4046, Limassol, Cyprus
Support Number +44 207 099 2097
Support Types Live Chat, Phone, Contact Form, E-mail
Minimum 1st Deposit 250$ / $500 for Canada, Austria & Germany
Minimum Trade Amount $1
Bonus 100%
Payout 89%
Free Demo Account Open Demo
Account Types Bronze, Silver, Gold
Deposit & Withdrawal Methods Credit/Debit Cards, Bank Wire, Skrill (MoneyBookers), WebMoney, CashU, AstroPay, YandexMoney, etc.
Number of Assets 170+
Account Currency USD, EUR, GBP
Overall Score 7.1/10

Full Review

bdb2Banc de Binary was opened in 2010 and they are operated by a company named Banc de Binary Ltd. The broker is registered by CySEC and FCA and is headquartered in Cyprus. If you consider trading with them, you can rest assured that you are provided with safe trading opportunity because they operate in compliance with the laws of the regulatory authorities.

Recently, they have also revamped their website to make it look more professional and user-friendly. They also offer a range of bonuses and promotions to new and existing members. Traders who sign up with this broker can take advantage of the Protected Bonus Trades which allows them to get their investments back for a certain number of losing trades.

 

Review Verdict: Banc de Binary is NOT a Scam
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As you navigate on their website, you will find out a lot of useful information. The main reason for this – they are very transparent and open about how they work and what traders can expect. Investors can easily get familiar with their offerings and the provided services before signing up.

Banc de Binary operates on the innovative SpotOption platform which itself has a name in the binary options trading world. The SpotOption trading platform is intuitive and easy to use. It has enough features to meet the individual financial requirements of the traders. Even if you are not an experienced trader, you will not have any problems with this software. One of the plus points is that you don’t need to download anything. Your account and your trading portfolio can be accessed online from anywhere in the world. The return on your investments for your chosen assets can be between 70% and 91%.

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Is Banc de Binary a Scam?

Banc de Binary is among the oldest binary options brokers and over the years it has served thousands of customers. There is a reason why so many traders choose them – this broker is reliable and trustworthy.

When we conducted an investigation about Banc de Binary, we found out that they are regulated by a number of financial regulatory authorities. They hold licenses from CySEC and they are also registered by FCA and a number of regulators in the European Union. They have built a reputation for themselves and they offer excellent service to their customers.

bdb-security-award-strategy The best part is that Banc de Binary puts the needs of their customers first. Every step possible to protect the personal details and funds of their customers is taken. There are differentiated accounts that traders can take advantage of. All of the account types have their own benefits. Basically, they have been designed to cater to the needs of all kinds of traders.

Banc de Binary’s customer support team is also efficient and very knowledgeable. They are quick to respond to queries and concerns, available via phone, email and live chat. Traders who fail to understand their requirements often have issues and this is the reason it is essential to read their terms and conditions, especially those which are tied to withdrawals and bonuses. If you are aware of their policies, you are guaranteed to have a secure trading experience.

 

Review Verdict: Banc de Binary is NOT a Scam
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The trading platform used by Banc de Binary is Digital Options Pro Platform platform which is easy to use and follow. It is therefore getting quite popular with traders. Every trade provides the traders many different possibilities to choose from. In every option chosen by you, you will get a list of possibilities which can be used by you. Though each trade needs to be covered for the whole time from starting to the end that is you don’t have an early exit option. The variety of Banc de Binary Strategies will help you to optimize your trading experience.

Banc de Binary Minimum Deposit

At Banc de binary, the minimum deposit amount is $250 which is the industry standard. Almost every reputable broker in the industry requires a minimum deposit of $250. However, there are some brokers which have a deposit requirement that is lower than that of Banc de Binary.

But, when you make a deposit with Banc de Dinary, you qualify for a 100% welcome bonus. If the minimum deposit amount was lower then it wouldn’t be possible for them to offer such a bonus. Another thing to note is that the minimum amount you actually put into your account depends on the type of you account you want to register with.

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Banc de Binary Robot

Banc de Binary offers a very easy solution when it comes to trading. They offer a binary options robot that you can make use of for trading binary options automatically. This tool has proven to be useful for novice and expert traders. Banc de Binary robot is very reliable and accurate. The signals that it is capable of generating can help traders make the most of the opportunities that is presented to them.

The automated robot is basically a pre-programmed which follows your directions to execute trades. it doesn’t require your presence at your computer when it makes trades and generates profits on your behalf.

Banc de Binary Bonus

Every investor appreciates welcome bonuses and at Banc de Binary, it is even possible to get a 100% matched bonus on your deposit of $250. The bonus structure of the broker is very generous. In fact, you don’t even have to wait for the amount to appear in your account once you make a deposit. As soon as you add a deposit, you will get the bonus.

Example:

If you add $250, you will instantly have $500 in your account to trade with. Getting a bonus on your deposit can be beneficial for any trader who wants to double their investment.

Banc de Binary Contact

There are a number of methods to contact the customer support team at Banc de Binary. When in need or when difficulties arise during trading, the team can contacted via email, telephone and live chat. Another great communication channel that the broker has introduced is Skype. This method is convenient and instant and it is not generally offered by other brokers. Banc de Binary offers its services to traders in over 30 countries and this is the reason support is offered in multiple languages including English, Portuguese, Italian, Spanish, French, Dutch, Arabic and German.

Banc de Binary Trading Platform

Their trading platform is powered by the very popular SpotOption trading software. One of the best reasons why so many brokers are choosing SpotOption as their trading platform is that it is very convenient and easy for novice traders. The simple layout of the platform can be customized to suit the traders’ needs and individual preferences. Banc de Binary offers more than 190 assets out of which there are about 100 stock options which come from highly popular brands. The expiry times start at 15 seconds and goes up to months. Their regular trading options include 60 seconds, long term and pairs. Banc de Binary is also connected to ZuluTrade which is an innovative social trading platform.

bdb-platform-strategy

 

Review Verdict: Banc de Binary is NOT a Scam
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Banc de Binary Minimum Trade

The minimum trade at Banc de Binary starts at just $1. However, this is only for certain options. The minimum trading amount may vary depending on the option you choose. The features of the broker are subject to change from time to time and this is the reason it is essential to keep up to date with their terms and conditions. If you need information about their minimum trade size, you can contact their support team via the several communication methods that are available.

Why using Banc de Binary is a Good Idea?

  • Ease of Navigation: The platform used by Banc de Binary is very easy to use and follow for all new entrants and equally for the experienced ones too.
  • Great payouts ranging between 68 to 85%. Banc de Binary also offers paybacks from % to 10% on trades which end in “out of money” trade.
  • A good range of trading options and multiple trading strategies like Banc de Binary Trading Simple Strategymakes Cedar Finance an ideal broker.
  • Good technical support and a helpful customer service is another feature that makes Banc de Binary a good option.

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Banc de Binary Strategies

There are basically two strategies used at Banc de Binary:

Banc de Binary Strategy Number 1:

This Banc de Binary strategy is based on betting models. This strategy presumes that specific amounts invested at specific time in accordance of various patterns make it easy to predict the result of the trade. Example of Type-1 Banc de Binary Strategy is the Grinding Strategy or the strategy of news trading.

Banc de Binary Strategy Number 2:

This Banc de Binary strategy predicts the direction of markets by using various simple technical and statistical analyses to predict the direction of the markets. Thus these can be said to be scientific and therefore much more effective. Various Type-2 Strategies that you can choose from at Banc de Binary are One Touch, Range, and the Turbo Trading etc.

What is Banc de Binary Trading Simple Strategy?

This is a type 2 Banc de Binary strategy which is based on prediction of the direction of markets based on the theory that the market corrects itself. It simply means that in normal circumstances when the markets are not very turbulent and there is no prediction of some event happening soon then the markets are trading at normal pace and in such a scenario the movement of assets follow a pattern of movement in a specific time-frame.

bdb-strategy

If you take an asset with a 15 minute time frame you will see a chart with the movement of that asset for the previous 45 minutes. For example you decide to trade with Gold vs. USD. The 45 minute chart shows that for the first 15 minutes the prices of Gold kept on appreciating as compared to that of USD while USD appreciated in the next 15 minutes and then again in the third cycle Gold went up gradually as compared to the USD so in accordance to this pattern and no imminent news or event happening we can say that now according to the theory of market corrects itself it will be the turn of USD to go up. In this event it will be a good idea for you to place a “call” option on USD or a “put” option on Gold to end your trade “in the money”.

Does the Banc de Binary Trading Simple Strategy Always Work?

Though this is a solid strategy that works most of the times in a low volatility market and no big news or government policy coming up but then you need to be careful because there are no hard and fast rules that guarantees the success of Banc de Binary strategy every time. Special caution needs to be used when the market is working on some trend or event. Because in such cases the markets are bound to behave erratically and the success of the Banc de Binary strategy may be affected.

Conclusion

Good_choice_stamp_t10StrategyAfter completing our detailed investigation and trying out the withdrawal policy of Banc de Binary, our team concluded that Banc de Binary has a comprehensive and easy to follow withdrawal process.

Out team at Top10BinaryStrategy consider Banc de Binary as trustworthy broker with excellent overall score. You can Proceed to Opening Account with this broker or simply visit the site from the button below.

 

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