Founded shortly after the 2008 financial crises ravaged markets world-over, and based in Cyprus, Banc de Binary is one of the leading online binary options brokers, and one of the safest options for the 21st century investor.
Its integrity guaranteed by its Cyprus Securities and Exchange Commission license (CySEC) (188/13), Banc de Binary currently plays host to some 250,000 investors from no fewer than 80 countries. The operation adheres to strict legal guidelines which are in full compliance with the European Union’s Markets in Financial Instruments directive. Banc de Binary has notified all the relevant regulatory bodies of the countries in which it operates and its passporting notices have been accepted by the majority of these entities.
As a market leader in online binary options trading, Banc de Binary feature a massive selection of tradable assets. They have the Forex market well covered, but metals, oil, gold, various indices, stocks and commodities can also be traded through the site’s state-of-the-art trading platforms. CFDs and ETFs are not currently supported, but given the site’s affinity towards trumping everyone else in the business, the future may yet deliver a surprise in this respect. The bottom line is through that the site more than caters to every need of every trader and would-be trader out there, whether they’re beginners or pros.
When it comes to trading platforms, BdB are simply unbeatable. They have a quintet of trading platforms aimed at satisfying every need and desire traders may feel for information, analysis and actual trading maneuvers.
The platforms are all web-based, which essentially means that they don’t have to be downloaded and installed and traders will be able to use them from anywhere in the world if they manage to get online.
The Digital Option Pro platform is the bread and butter of the operation, the platform best suited to beginners, focused on easy-to-understand fundamental and technical analysis.
The One Touch platform is aimed at those who are obsessed with massive, up to 500% returns and the 60 seconds platform offers the most exciting and speedy trades online.
Banc de Binary features no fewer than 4 different account types, each of them tweaked to fulfill the needs of a certain category of traders. The Micro Silver account is a classic beginner account, which only requires a minimum deposit of €250, and which comes complete with all the basics but lacks some of the bells and whistles like trading signals, access to direct advice from BdB’s in-house team of analysts and trading education classes.
The other account types are the Gold account, the Personal Account Manager Reserved account and the Premium Account, reserved to those who deposit more than €50k. BdB also feature Islamic trading accounts, which come with a No Riba policy and facilitate commission-free hiba.
As seen above, the type of account and ultimately the kind of services one will benefit from at Banc de Binary depends on the amount of money deposited. Deposits can be made through Moneybookers (Skrill), AlertPay, credit cards, third party credit cards and wire transfer. Actually making a deposit is as easy as 1-2-3: traders have to log into their accounts the click the “Deposit” button on the top right. The next step is to select the deposit method and to fill out the transaction details. After a confirmation, the funds land in the account and traders are ready to roll.
At Banc de Binary, client deposits are rewarded with bonuses. A standard deal in this respect is the 100% match bonus. A trader who makes a €1.2k deposit for instance, will get an additional €1.2k credited to his account. In addition to the sign-up bonus, there are other bonuses offered at the site too, like senior account executive bonuses, re-deposit bonuses under certain circumstances, VIP rebates an even affiliate bonus rewards.
Being able to trade from anywhere in the world doesn’t mean much if one cannot trade from any platform, mobile or otherwise. Banc de Binary offers its customers free iPhone and Android apps, which come with fully functional binary options trading platforms, instant account access and obviously, with a trading environment especially designed with the mobile experience in mind.
It is in BdB’s interest to have customers educated in the ways of binary options trading, which is why they go to great lengths to provide useful information to beginners and advanced traders alike in their “Education Center” section. Indeed, there are free videos and video courses available there, as well as a free e-book, a glossary of the industry-specific terms as well as basic binary options lessons. The educational package available at the site is indeed an impressive one from just about any angle.
The BdB customer service is impeccable. It is available in English, Arabic, French, German, Italian, Russian and Spanish. While the support staff is indeed proficient, helpful and reachable 24/7, they will not place trades for customers over the phone.
The above review has a lot of detail, but here’s the low down - if you are looking to trade binary options, whether you are a professional looking for an advanced and integrated high-tech platform, or you are a beginner seeking out educational support and trading tips, Banc de Binary has got it all. This company is hugely popular worldwide and offers an excellent service and trading experience. After all, there’s a reason it has won multiple awards and generally gets excellent customer reviews.
We recommend you give them a go today. Even if you just open a small value account, you will be able to test the trading platform and benefit from all the complementary services and analysis that make this brokerage firm stand out. We’re confident you will enjoy trading like never before. If not, there is no pressure to continue. And if it goes well, when you see the dollars rolling in, you will then feel confident about upping your investment.