The largest binary options provider globally, Banc De Binary was set up in January 2009 after the global financial market meltdown of 2008 really started, as a relatively safe and reliable haven for trade in investor money. Today, it handles binary options investments for tens of thousands of clients across any major market, ensuring that they get the best possible services amid a trading environment which is highly conducive for these clients to reap rich rewards.
In the beginning of 2012, Banc De Binary was awarded with the accolade of being listed among World Finance 100 which is undoubtedly a distinguished achievement for a binary options trading medium.
The first thing that strikes one about Banc De Binary while doing its review is the extremely professional look and feel of its trade website. Nothing too fancy or jazzy like say the black and gold color scheme of 24Option brokers, here on Banc De Binary we get to see simple layouts of white and blue which do not jar the eyes in anyway while trading.
Navigation on the trade site seemed an absolute cakewalk and within minutes we were able to have a good look at all its primary sections. From thereon it was really easy to know the layout well for future usage. Registering on the site too proved to be an absolute breeze which we were done with in no time at all, with minimal fuss.
As far as trading platforms on Banc De Binary go, there are as many as 5 different options which you can choose from to trade:
- Digital Options Pro-Platform – the simplest and most common binary options platform, seen on most other such platforms as well.
- 60 Second Trading – Everything else similar to Digital Options Pro-Platform, trades always end in 60 seconds here.
- Option Builder – Gives you as an investor the option to adjust your RoI and determine exactly how much you want to trade and make.
- One Touch – Trade payout can be a mindboggling 500% if the asset value reaches specified levels.
- Binary META – Very advanced and sophisticated, advised only for highly experienced traders.
These trade platforms point to the fact that Banc De Binary clearly has the best interest of its investors or traders in mind by offering them so much choice, unlike a lot of the other binary options trading brokers.
Languages on offer on Banc De Binary include French, Spanish, German and Italian, besides the flagship English language.
Mobile connectivity on Banc De Binary is not an issue at all as we tried and tested over the course of our review, so therefore we can confirm.
A good thing about Banc De Binary is that trading risks are known upfront, no matter which direction the asset’s price eventually takes. As far as trade returns are concerned, they are very good in the range of 71% when it comes to money trade, which can go up to a staggering 500% in case of the One Touch platform as mentioned above.
Assets on Banc De Binary to invest on are plentiful which give traders ample flexibility to trade:
- Blue chip stocks such as Apple, Coca Cola, Google, Toyota, Vodafone, Pfizer among many others
- Currencies such as AUD/USD, EUR/GBP, USD/CAD, USD/JPY, among others
- Commodities including oil, gold, silver, platinum, wheat and coffee to name a few
- Indices such as Bombay SE, DAX, FTSE 100, NASDAQ and S&P 500, again to name only a few
- There is round the clock, 24 hour support available on Banc De Binary as our review confirmed. Anytime if you as a trader have any questions, clarifications or concerns, you can directly have them addressed by well informed support staff. Additionally, Banc De Binary broker also offers the option to speak to financial trading experts who can help you with investing in binary options. This is undoubtedly a spectacular feature for all newbies in the world of binary options trading or perhaps even investing as a whole.
Bonus and Accounts
100% bonuses are available to first time trading account holders. Additionally, Banc De Binary broker offers as much as $50,000 worth of a trading virtual bonus which users can use to essentially get a firm grasp on binary options as a whole. Many experts on Banc De Binary first got their feet wet and eventually learnt the tricks of the trade, so to speak, with the help of this very generous virtual trading bonus.
Account options on Banc De Binary include:
- Micro Silver Account – Best for beginners, $250 to $2,500 trades
- Standard Gold Account – $2,501 to $5,000 trades
- Personal Broker Reserved Account – $5,001 to $50,000 along with personalized investment services with other advantages such as portfolio management, trading signals, and priority access to customer service
- VIP Lions Club Account – As would be apparent, best of the best features on offer here. $50,000+ trades. Those with $100,000 trades get even more exclusive benefits.
Deposit and Withdraw
Options to deposit money into your Banc De Binary trading account include:
- Bank Wire Transfer (International and/or Domestic)
- Credit Card (Processed via a clearing agency)
- Third Party Credit Card (Processed via MoneyBookers)
- MoneyBookers E-wallet
- Alertpay E-wallet
Withdrawal methods are the same as the deposit options listed above as our review confirmed, with a specification for a minimum withdrawal request option of 100$ per transaction.
Our review reiterates that Banc De Binary broker is perhaps the best option among brokers for novices to hone their skills in binary options trading. Combined with an extensive portfolio of assets, excellent customer service, numerous account types, and plenty of withdrawal and deposit options, Banc De Binary clearly comes across as an ideal binary options trading destination.