Banc De Binary Review – Binary Options Broker


Headquartered in New York, Banc De Binary is one of the leading digital options brokers. It has a truly global presence with international operations stretching across Europe, the Middle East and Asia.

Banc De Binary BrokerThe company focuses heavily on the retail market and offers a number of innovative trading features on its platform.

With a good selection of binary contracts offered across a wide asset base, this is a comprehensive solution for the binary trader. In addition the company has won a number of industry awards for its brokerage and customer service.

Quick Summary Of Banc De Binary

Telephone Toll Free +1(800) 656 6163, International +1(212)710 5905
Email info@bbinary.com
Minimum opening deposit 500 USD
Minimum Trade Amount $1
Options Profitability 70-81%
Option refund 0-5%
Option Types Available Call, Put, Option Builder, 60 second
Markets Available Forex, Indices, Stocks, Commodities
Binary Options Trading Platform SpotOption Platform
Account Holding Deposit USD, EUR, GBP
US Traders Allowed Yes

 

 

Key Features

As you would expect from one of the biggest names in the business, Banc de Binary offers an excellent set of features for the trader with a solution based upon the popular SpotOption core trading engine.

Two trading platforms are offered. Digital Option Pro provides a trading platform which will be familiar to many traders. This offers the opportunity to earn high payouts of up to 81% from Call and Put option contracts that expire in the money.

Binary META is the newer trading platform offered. It provides access to advanced charting and analysis which is useful for tracking your open positions against live market prices.

Both platforms feature a large range of assets for trading. These include all of the major world indices, Forex pairs, commodities and over 39 major global stocks.

bancdebinary trading platform

Banc De Binary Trading Platform

Options Types Offered

  • High/ Low – A good range of Higher/ Lower (Call/Put) options are offered by the broker. These can be placed on all of the major asset classes offered. Payouts for contracts that finish ‘in the money’ are at the top end of those offered.
  • One Touch -A range of One Touch options contracts are available.
  • Option Builder – This recently added feature allows you to build your own option trades. You can customise the strike level and expiry time for each individual contract to earn up to a 500% return.
  • 60 second options – The chance to earn high returns from short term 60 second Call/ Put contracts.

Mobile Trading

In addition to the web based trading platforms provided, you can also make use of the dedicated Banc De Binary mobile trading app called iTrader. This provides a full account management and trading solution for mobile devices, allowing you to keep up with markets and trade while on the move.

This fully featured mobile trading application is available for both iPhone and Android users and can be downloaded for from their respective online App stores.

Accounts Types

A variety of trading accounts are offered to clients which are designed to accommodate traders of all levels. These range from the Micro Silver Account ($500-$2500), Standard Gold Account ($2,500-$5000) and Personal Broker Reserved Account ($5,001-$50,000).

Each account level brings with it additional trading privileges and benefits. For example the high end VIP Lions Club Account ($50,000+) offers access to  personal analysts, a concierge service and a dedicated Debit card to withdraw your funds.

The minimum deposit requirement for opening an account is $500. While this is a little high when compared to some brokers, it does give you access to some top trading features. VIP traders have no minimum deposit requirements.

Deposits Methods

A wide range of deposit options are offered to allow you to get money into your account. Supported deposit methods include Credit/Debit Cards (Visa, Mastercard. American Express) and bank wire transfer. A range of third party payment processors are also supported including Money Bookers (Skrill) and AlertPay.

Withdrawals

Any withdrawals requests received are initially credited back to the source that our account was credited with. All withdrawals are subject to the usual processing times for the method used. Typically credit/debit card withdrawals will be processed in 2 working days and Bank Wire withdrawals 5 working days.

Customer Support

There are a range of good support routes open to trading clients. These include online chat, telephone, Skype, email and telephone Callbacks.

You also get full twenty four hour client support from a dedicated global support team. These are on hand to answer and deal with any account queries or issues you may encounter.

 


Pros

  • A comprehensive package is provided with a good range of option contracts and assets to trade for high returns.
  • Excellent levels of multi-language support and good response from the broker
  • A choice of trading platforms including Option Pro, Binary META and iTrader (mobile).

Cons

  • A high opening deposit requirement could deter smaller traders from signing up, but this doesn’t stop it from being one of our favorite brokers

Banc De Binary Asset Index
INDICES CURRENCIES COMMODITIES STOCKS
ASX AUD/USD Crude Oil Amazon
BOMBAY SE EUR/GBP Gold Apple
BOVESPA-F EUR/JPY Silver Barclays
CAC EUR/USD Platinum BIDU
DAX GBP/USD Sugar BNP Paribas
DOW NZD/USD Wheat BP
DUBAI USD/CAD Corn BAT
FTSE 100 USD/CHF Coffee Coca Cola
HANG SANG USD/JPY Danone SA
IBEX USD/SGD Fiat
MICEX10 USD/TRY France Telecom
NASDAQ USD/ZAR Gazprom
NASDAQ Futures Goldman Sachs
NIKKEI 225 Google
S&P 500 HSBC Holdings
SSE180 IBM
STRAITS TIMES Leumi
Tadawul Petrobas
Tel Aviv 25 S.Bank India
Topix Sberbank
Tata Motors
Teva.TA
Total
Toyota
Unilever
Vivendi SA
Deutche Telecom
Louis Vuitton
Publicis Groupe
SAB Miller
Tesco
Vodafone
UBS
Rio Tinto
AIG
Citi Group
Disney
JP Morgan Chase
Pfizer
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Rating: 3.8/5 (22 votes cast)
Banc De Binary Review - Binary Options Broker, 3.8 out of 5 based on 22 ratings
About BinaryOptionsProfits

This article was written by Phil Moore an experienced trader and financial writer. He writes widely on the subject of finance and binary options trading.

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