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Banc De Binary Review – Binary Option Broker
8 CommentsThe 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.
Its main office is based in New York but it also has a number of regional offices in Europe, Asia and the Middle East making this a truly international broker.
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.
| Quick View | |
| Website | Visit Now |
| info@bbinary.com | |
| Minimum Deposit | $250 |
| Account Currency | USD,EUR,GBP |
| Accepting US Traders | Yes |
| Trading Platform | SpotOption |
| Trade Types | Call/Put, Option Builder, 60 sec, One Touch |
| Deposit Offers | Up to 100% on first deposit |
Available Contracts
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.
Trading Platform
Account Types
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.
Mobile Trading
Mobile Dealing Platform
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.
Customer Support
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.
Asset Index
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.
About the author
What are the deposit offers you can get on signup?
Hi DaveD4
Banc de Binary offer are currently offering a 100% deposit match for new clients. There are sign up conditions attached to this as you would expect i.e. you will need to turn over a set amount prior to being able to withdraw this bonus from your account. However it is one of the best deals out there at the moment and they are a great broker in terms of facilities and reliability.
hi there im just wondering how come depending on where i look for infos regarding bdb , most of the time its a minimum deposit of 100$ like here, but when you go on bdb website they ask a minimum of 500$ for months and months now
Hi Stephane
Are you trying to deposit by credit card? I believe the minimum opening account balance is $100 with the exception of when using a credit card where it is $500.
A quick update on Banc de Binary. The minimum deposit amount for new account openings has now bee increased to $500 for all deposit types. This has been updated in the review and comparison table.
i am from Bangladesh.is there any person from Bangladesh trading on banc de binary trading platform.
So if i want to open an account and I want to deposit using a money booker can i deposit $100 as a minimum deposit
Hi Paballo. No the minimum opening amount for an account with Banc de Binary is now $500. This is across all deposit types as in the comments above.