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Banc De Binary Broker Review 2023

  • Min. Deposit $250
  • Min. Invest $1
  • Return 90%

*January 2017 update: According to the Reuters, Banc de Binary is winding down the business of binary options. This means this broker won’t accept new traders anymore to register and deposit. If you are interested in trading binary options, you can check our IQoption broker review and start trading with another regulated broker instead.

According to our Banc de Binary review, this broker is considered as one of the most famous brokerage companies for trading binary options. The trading platform is user-friendly and customer support provided by Banc de Binary is outstanding. It is important to say that Banc de Binary owns CySEC regulation, which may additionally empower trading with this broker. More about trading features are presented in our Banc de Binary broker review.

Banc de Binary Trading Features

Besides having a CySEC certificate, we want to point out the fact that Banc de Binary is one of the first brokers that got regulated by CySEC. Clients who invest more than $50,000 are offered with 2,5% interest rate. Banc de Binary works on building strong relationships with their clients and besides attractive interest rate, they support their clients with a personal broker that will be assisting traders when they need their assistance.

Basic Information About Banc de Binary

Due to CySEC’s decision, Banc de Binary no longer provides binary options bonuses!

Traders are welcome to start trading with Banc de Binary from $250, which is considered to be standard average in the binary industry. The minimum investment is only $1, which is acceptable for trading newbies. Maximum bonus is $10,000 and traders can earn maximally 90% of returns.

Beginners will be happy to know they can start trading with Banc de Binary demo account first. To open Banc de Binary demo account, the trader is offered to register first and afterward he can make an initial deposit.

After the deposit is transferred, clients can activate their Banc de Binary demo account and start practicing and researching the services presented on the trading platform. Banc de Binary demo account welcomes traders with $50,000 of virtual money they can use for placing trades and get familiar with the trading platform.

Banc de Binary Demo account is a great way to learn about binary options and to create personal trading strategies. Traders can withdraw their initial deposit only if they haven’t accepted deposit bonus, but traders could find more about that in Banc de Binary terms and conditions.

Banc de Binary provides three simple trading accounts that offer different loyalty programs and promotions for their clients:

Banc de Binary Bronze account

Starts with $250 minimum deposit and offers a variety of 190 assets that are available for trading. This account offers basic features and may be perfect for traders who don’t have any trading experience. Banc de Binary provides daily market reviews that are supported by financial research which is the additional tool that could help traders in their decisions. Bronze account enabled their clients with access to two webinars in a month.

Banc de Binary Silver account

According to Banc de Binary, Silver account is considered as most popular trading account and it starts with $2,500 deposit. Besides basic features, it additionally provides event analysis and trading alerts that could lead to better results. This account allows 10 days of direct line with the account manager and one month of trading signals from Banc de Binary Trading Central. This account awards their clients with a loyalty gift.

Banc de Binary Gold account

Is created for clients that plan to invest and deposit more than $5.000. It ensures all benefits, starting with constant access to account manager, even three months of trading signals , protection bonus, private sessions with financial analysts and a smart money management plan. Traders that open Gold account can receive between 50%-100% welcome bonus.

Banc de Binary Trading Software

Banc de Binary is based on one of the world’s most popular trading platform, SpotOption. They combine a combination of user-friendly platform and impeccable broker service. Traders will soon learn how to trade with this platform, even those who use it for the first time.

Banc de Binary offers a vast amount of trading options, and besides standard High/Low, One Touch, Meta Charts and Ladder Options, traders are offered to customize their strategy with Option Builder option. This way traders can set preferred expiry time and risk level by their choice.

Option Builder could be great for traders that want to customize their trading strategy, so for example, if they have a hint that oil will drop in next six hours, this feature will allow them to set this setting according to their preferences. Traders can also set a level of risk for this trade and percentage of insurance that will protect their bankroll.

This broker enabled a variety of expiry times, starting from 60 seconds, 15 minutes, 30, minutes, 1 hour and 24hr+.

Traders are welcome to trade with this broker by using a desktop version or mobile service too. Banc de Binary trades with all kinds of assets: currency pairs, stocks, commodities, and indices, which includes more than 100 available assets.

Banc de Binary Support Information

Trading with Banc de Binary brings excellent customer support that will try to ensure their traders are always satisfied. Depending on traders preferences, they can contact Banc de Binary through email, Skype, live chat, or call-back service. According to our banc de Binary broker review analysis, we didn’t have to wait more than a few seconds to get support via live chat.

Traders should receive a call after they make an initial deposit with Banc de Binary. This approach helps traders to feel welcome and get important information for further steps.

Banc de Binary offers one on one sessions for clients that need support on how to use trading platform. The website is available in more than 10 languages, which will especially help those who are insecure with English. Traders can contact Banc de Binary on [email protected].

Banc de Binary Banking and Company Information

It is important to say that Banc de Binary doesn’t charge their clients for deposits or withdrawals. Payment procedure is simple for use, and it has shown that process is quick, which we all find very important.

Before making first withdrawal traders need to verify their account, by sending identification documents. The withdrawal process is very quick, and in our case, it was finished in less than one hour. Traders need to provide their documents only once to verify their account and later they can withdraw with just a few clicks.

When trading with Banc de Binary traders are offered to use multiple payment options that include:

  • Visa
  • Master Card
  • Skrill
  • Bank Wire
  • iDeal
  • Diners Club
  • Carte Bleue
  • Amex
  • Maestro

As we have already mentioned, Banc de Binary is regulated by CySEC and it is online since early 2009.

*This broker no longer accepts new traders.

- Review Conclusion