Name:Banc De Binary Review
Regulations: CySEC, MiFID
In business since 2009
EU regulated broker
Excellent customer support
No US traders accepted
Limited choice of currencies
Bank de binary Review
The binary options trading market is a place in which there are a lot of participants and strong competition is created among them when it comes to offering the best deals, offers and rewards. However, this environment, like many others, has its leaders. Bank de binary is one of them. That is why we have decided to pay special attention to this specific platform to try to understand what exactly is the secret of its popularity and what its strengths and weaknesses are. You can find the results of our analysis below.
Ease of Use
The biggest complaint that we have received during the testing of Banc de Binary is that a demo account can not be used before you place a minimum deposit. But, if you’re determined to use the services of this broker, it is unlikely to be a problem.
What is worth mentioning? The trading platform of Banc de Binary is largely similar in appearance to many other terminals. It allows you to choose the type of contract, the underlying assets, to set an expiration time, determine the size of the investment and monitor price changes.
At the bottom of the Banc de Binary platform is a section, which shows the ratio of trader views highlighting opinions. It might help with making decisions, especially for beginners.
In addition, you do not need to be in front of a desktop computer at the time of the auction. Banc de Binary works perfectly on all possible mobile devices such as smartphones based on Android, Blackberry or iPhone and tablets.
Bank de binary Features
We can note with satisfaction that the platform is very convenient for transactions. It is equipped with a variety of tools that are very useful for beginners which allow effective learning of the more basic UI tools and ideas right up to full trades. You can even earn how to work with stock indices.
In general Banc de Binary is the ideal platform for newcomers, and for good reason. Of all binary options brokers Banc de Binary has the smallest start ratio for one transaction, set at just $1. That is, of course, with a minimum deposit of $250. The rate may be less than 1% of the deposit on this platform and your trade will be quite safe and will comply with the rules of safe risk management. It is rare that we get to work with other brokers that offer such good starting conditions.
If you want to start by using a demo account you can and for it you will get 50,000 virtual cash. This means that you can learn to trade binary options before you risk any of your own money. You can withdraw your deposit at any time, unless these funds are not the company’s bonuses which are tied in.
The only restriction, which you should know, is inherent in all brokerage sites. In order to open an account, Bank de Binary users must be at least 21 years of age. Accounts can be opened directly online, after which you will be able to trade 24/7 in real time.
Bank de binary Trading Platform
The strict appearance of this site is designed in white, silver and blue shades, which makes a good impression, inspires confidence and offers peace of mind. A regal lion, the logo of the company, crowns the relevant information and seems to guard over it all.
Of course we have to mention that the security of the platform is not limited to one lion. Banc de Binary uses a secure trading platform from SpotOption. This is a popular platform among the brokerage service market leaders. With it you will be able to trade different types of options safely and securely.
Customers of Banc de Binary can make predictions on the prices of more than 200 global assets, including commodities, stocks, indices and Forex. Among the option types are the use of classic binary options, long-term options, sixty second options, one-touch and pair trading.
Practice using the site showed us that management of the process is indicated by classical information for standard options trading using “call” and “put” icons, and buttons labeled “up” and “down” with the corresponding arrows. Even a newbie can’t go wrong. An activity plan even shows the recent movements in your chosen lot and allows you to predict its future behavior in the coming weeks, days or minutes depending on your option type choice.
The customer Service of Banc de Binary can truly be called first-class. It has received many awards, which once again proves the quality and level of service. Personally, we preferred to use chat over ticket services. After sending some requests at different times of day and in several European languages we consistently obtained prompt and expansive responses.
The list of languages which support will work with is quite impressive. You can easily request and receive expert help if you speak English, Spanish, Arabic, Russian, Cantonese, French, Chinese or Japanese.
Information on this site, and most importantly, user feedbacks, allowed us to conclude that Customer Service is available 24/7 by phone (toll-free lines), e-mail, online chat, Skype and callbacks.
It is difficult to criticize Banc de Binary for anything, especially if you are not short of money and you can deposit a four-digit amount, or even more, in US dollars. Should you do this you will enjoy all the pleasures that come with VIP-status. However, even with a minimum deposit you can make full use of this platform and trade extensively.