Banc De Binary Review – Binary Option BrokerAugust 16, 2012 // 8 Comments
The wide number of industry awards received testify to the regard that this broker is held in. As a result, Banc de Binary has grown to be a truly global operation.
A comprehensive trading proposition based on the popular SpotOption dealing platform is on offer for the trader.
Not only do clients get access to one of the largest range of assets indexes available, the wide range of contracts offered and good pricing make it possible to trade a huge range of strategies.
In addition traders are offered good levels of support with a wide range of educational materials being accessible to clients.
|Accepting US Traders||Yes|
|Trade Types||Call/Put, Option Builder, 60 sec, One Touch|
|Deposit Offers||Up to 100% on first deposit|
With a wide range of tradable contracts on offer, with Banc de Binary there is something for everyone no matter what strategy or market you intend to trade. Trading is provided on the well regarded SpotOption trading platform and this broker makes the majority of the feature set available to its clients. Call/Put (higher/lower) and One Touch options offer between 70-81% payouts.
The integrated Option Builder platform is also provided which provides an additional way in which to trade. This allows you to construct your own option trades from which you can earn anything up to a 500% return. You can also earn high payouts from trading 60 second binaries on a range of assets from within the platform.
The final way to trade is via the Binary META platform. This allows Call and Put options to be placed on the market while tracking the live price of the asset on a chart.
A range of graded account types are offered. The better the account you open (determined by your deposit) the wider the range of features you will be able to access. Account opening starts with the ‘Micro’ silver account. This will be sufficient for most traders and can be opened with a minimum initial deposit requirement of $500.
Higher grade accounts provide additional trading privileges. The Gold level account can be opened with a minimum initial deposit of between $2,500-$5,000 while a Personal Broker Reserved Account is on offer for those with an initial $5,000 deposit. These higher grade accounts offer additional benefits such as risk free trades, additional free market analysis and a personal dealing adviser Full Institutional class trading is also catered for an initial $40,000 deposit.
Deposits and Withdrawals
You can fund you account with a variety of methods including credit/ debit card, wire transfer and by Moneybookers. All withdrawals from your account are made initially to the source of the funds. Subsequent withdrawals are completed by bank wire. Transfers out are subject to the standard transaction times per funding type. Typically this will be 3-5 days.
As well as the core web based platform, Banc De Binary clients can also access and trade on their accounts from one of two dedicated mobile applications.
The mobile applications are available for both iPhone and Android and allow instant trading execution on the standard Binary Options and 60 second trading platforms.
The support on offer to traders is very good. This is one area in particular where this broker deserves high praise. A full range of tools are available to support your trading including eBooks, Audio books and market updates.
A dedicated support team is also on hand to answer any questions or queries that you may have. They can be contacted via a wide variety of methods including online chat, telephone, email and Skype.
Banc De Binary has one of the largest asset indexes in the industry with over 80 different markets that can be traded from just the one account. These include 20 Indices, 12 Forex pairs, 8 Commodities and 39 stocks.
Banc De Binary Review -Verdict
Banc de Binary are recognised as a global leader when it comes to binary trading, a fact that is evidenced by winning The World Finance 100 company award.
They offer a good trading experience, offering the full functionality available on the SpotOption trading platform. This provides access to a wide range of contract types including the useful Option Builder platform, which allows you to build your own contracts.
Add to this a wide range of assets, some of the best levels of support and good profitability on contracts and you end up with one of the best solutions for your trading.