Banc de Binary Broker Review ¦ Trustworthy Binary Broker South Africa

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    1st Place! Best Binary Broker 2020!
    Best Choice for Beginners — Free Education + Free Demo Acc!
    Sign-up and Get Big Bonus:

  • Binomo
    Binomo

    2nd place! Good choice!

Banc de Binary Review

Banc de Binary was one of the original binary option brokers founded in 2020. They are owned by Banc De Binary Ltd, located at; 4 Profiti Ilia Street, Kanika International Business Centre, Office 401, Germasogeia, Limassol, Cyprus.

Their phone number in South Africa is: +27 10 500 3685 and in England: +44 207 099 2097. Their contact email is: [email protected], for trader complaints, read this.

This Broker is Closed & Out of Business!

Look HERE to Find the Best Licensed Brokers

Banc De Binary Review

Banc De Binary gives investors the popular SpotOption trading platform which offers 60 second options, high low binary options, pairs and long term binary options. There are options on more than 80 underlying assets. You can also connect your trading account with ZuluTrade.

They have new promotions and special offers. The minimum deposit for new accounts at BDB is $250, and their minimum trade size is $1.

This broker does not allow automated trading robots, you can read more here. If you want to see the best auto trading system, read this.

Banc De Binary License

When we review binary options brokers to determine if they are a legitimate brokerage firm, or just another online scam. We look to see if a regulator like the CySEC in Cyprus gave them a license.

Banc de Binary is authorized and regulated in Europe by the Cyprus Securities Exchange Commission (CySEC) under license no. 188/13. They received their license on January 7th, 2020 and renounced it effective January 15th 2020. Banc De Binary also registered with the FCA in the United Kingdom and CONSOB in Italy via Mifid rules. For non European traders, Banc De Binary is operated by Ash Ltd, which is located in Saint Vincent and Grenadines.

It is always important to check the list of licensed brokers when choosing a broker to see if the broker you want to go with is regulated by a government regulatory agency. Banc de Binary is one of the few brokers that lists an email address for complaints ([email protected]). Be sure to read the article about broker complaints here.

Warning from ASIC Australia

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    1st Place! Best Binary Broker 2020!
    Best Choice for Beginners — Free Education + Free Demo Acc!
    Sign-up and Get Big Bonus:

  • Binomo
    Binomo

    2nd place! Good choice!

“ASIC urges all investors considering trading in binary options to check they are dealing with an entity that holds an Australian financial services licence.”

Compare The Best Brokers

Here are a few licensed binary options brokers that traders use, look here.

Banc De Binary Broker Review 2020

Banc de Binary is a leading binary options broker, who is truly a global broker, also present on South African market.

In this Banc de Binary broker review, we will inform the readers how this broker is regulated and what can South Africans expect from trading binaries with Banc de Binary. Security of trading platform is the most important segment for South African traders, who are planning to join them and trade binary options.

This brokerage company is established in 2009 and owned by BDB Services Ltd.

Below, in our Banc de Binary broker review, we will provide detailed information about their platform and a wide range of trading features and instruments.

Bonuses are no longer available with Banc de Binary binary broker!

Banc de Binary Trading Platform

For this Banc de Binary review, we discovered how this broker uses SpotOption software, one of the reputable brands in binary industry. South African traders would be happy to know how interface is user-friendly which greatly simplifies trading process.

Minimum deposit with Banc de Binary is $250 and returns can go up to 90%. Lowest investment is $1 and highest $6000. With this broker, it is possible to make financial transactions in USD, EUR and GBP.

Banc de Binary Trading Features and Services

In this part of Banc de Binary broker review, we will provide our readers in South Africa detailed information about available features and trading instruments that can be used for profitable binary options trading.

Traders in South Africa can select among several different short term and long term trade options, such as 60 Seconds, Digital Pro, Pairs and Long Term options. Expiry times for these trade options are: 60 s, 15 min, 30 min, 1 hr and more than 24 hr.

Under Asset Index on Banc de Binary platform, traders can choose preferred underlying assets. These assets are grouped in stocks, currencies, commodities and indices.

Our Banc de Binary broker review revealed how South African traders can benefit if they use demo account. Banc de Binary demo enables them to practice trading while investing with virtual money, and not real one. Therefore, there is no possibility of risk and that factor is extremely important when practicing on demo.

This demo is especially used by new and inexperienced traders who want to become more experience while trading in risk free trading area.

Another great service we came across in Banc de Binary broker review is that they offer mobile app. Option to be able to trade binary options on mobile application is a great way for busy traders who want to have access to trading platform in anytime.

Banc de Binary app is connected with Android and Apple devices. South African traders can also use this mobile app on tablets and smartphones. Mobile app is user friendly and traders can easily continue to place trades and have an easy overview of past trades.

We have also noticed while reviewing this broker that platform is multilingual. Beside English, trading platform is accessible on Spanish, French, German, Russian, Italian, Dutch, Portuguese and Arabic.

Banc de Binary Trading Accounts

For this Banc de Binary broker review, we have learnt that this broker offers three account types, which South African traders can use in the trading process.

Banc De Binary Broker Review

This broker is closed.

Banc de Binary Trading Platform

Banc de Binary is easily one of the most known brokers in the world when it comes to binary options trading.

In Banc de Binary review you can see how they are a regulated binary brokerage company.

They are present on binary market and available in South Africa since 2009. Banc de Binary is owned by BDB Services Ltd. with HQ in Limassol, Cyprus.

Below in our Banc de Binary review, read more regarding:

Banc de Binary broker no longer provides binary options bonuses!

Banc de Binary General Info

Banc de Binary uses SpotOption as its preferred trading software. They provide user friendly interface and for South African traders it should be simple to navigate through the site.

Banc de Binary minimum deposit is $250 with highest return going up to 90%. Minimum investment amount is only $1 while maximum investment $6000. South African traders can place trades in following currencies: European Euro, American Dollar and British Pound.

They accept traders from all across the world, including South Africa.

Banc de Binary Trading Features and Services

For the past 6 years, as we will show in Banc de Binary review, they offer trading services and tools for traders across the globe, including South Africans.

Recently, they implemented a whole new design on their platform, which makes it even more user-friendly to interested South African traders.

Thanks to its wide range of trade options and other features, we are not surprised why Banc de Binary is named as leading broker in binary options industry, present on South African market.

During our Banc de Binary review, we were pleasantly surprised how quick customer agent was on live chat and how easy it is to navigate through Banc de Binary trading platform.

Traders from South Africa have on their disposal several different trade options that can be used in trading process with Banc de Binary. These Banc de Binary review trade options are:

60 Seconds – this short term trading within 60 seconds is intended for traders who like excitement and for this reason they invest money in 60 Seconds trade option.

We can say it is riskier trade than long term because here is present a short span of time and traders should be well informed about situation of particular asset to be sure they will place trade on the right direction.

Digital Options Pro – with this trade option, South African traders should be able to decide will an option be higher or lower rate than the one it was entered initially.

Banc de Binary Digital Options Pro offers traders to choose among a variety of underlying assets and expiry times each 10 minutes of an asset on the platform. Trades can be monitored on the trading platform or on trader’s account.

Long Term – besides short term trade options, Banc de Binary provides traders with a long term investments in binary options. Traders who are involved in the trading process and read market news regarding particular underlying assets, prefer this type of trade options. Traders can use few available expiry times,offered by Banc de Binary.

Pairs – Pairs are getting more and more popular in binary options trading. With this option, traders can place 2 different assets against each other and see their performance during trading process.

South African traders can trade with stock pairs or currency pairs, depending on what traders prefer as their chosen underlying assets, such as gold and platinum or google and yahoo.

Banc de Binary gives traders a possibility to trade binary options with the following expiration times: 60 seconds, 15 minutes, 30 minutes, 1 hr and 24 hr +.

In Banc de Binary review, we have seen an impressive list of available underlying assets. With more than 200 different assets, Banc de Binary is one of the top binary brokers in the industry if we compare the asset list with other available brokers.

The whole list of underlying assets in available on Banc de Binary trading platform. We can sort all these assets in 4 main categories, such as stocks, commodities, currencies and indices.

Very popular trading services, provided by this broker, are mobile trading app and demo account.

These services we discovefred during Banc de Binary review. Mobile trading enables traders in South Africa to trade binary options when they are on the go.

Mobile platform is excellent way and it is possible because of the technology improvements and is completely compatible with Android and Apple devices. South African traders can use mobile trading platform on their smartphones and tablets.

The second trading tool available for traders in South Africa is demo account. Banc de Binary review provides traders a great place on trading platform where they can trade binary options at no risk. This way, they are allowed to test many strategies and a large list of underlying assets in demo version also.

Since there is no trading with real money, risk isn’t present and traders can use demo version of platform to improve skills and later on, be more efficient and successful in binary options trading process.

Banc de Binary provides traders in South Africa with an multilingual trading platform which is an indicator of how this broker pays attention to their traders worldwide.

Besides English, South African traders can use platform on Spanish, Russian, French, German, Italian, Portuguese, Dutch and Arabic.

Banc de Binary Trading Accounts

During our Banc de Binary review, we saw there are three available account types for traders worldwide and in South Africa. Account types are clearly stated on Banc de Binary website and each type is well explained, depending on minimum deposit amount and trading features.

Banc de Binary Bronze Account

  • minimum deposit $250
  • webinars available 2x/month

Banc de Binary Silver Account

  • minimum deposit $2500
  • trading alerts and webinars 2x/month
  • 10 days direct communication with Account Manager
  • daily market news

Banc de Binary Gold Account

  • minimum deposit $5000+
  • trading alerts and webinars 2x/month
  • 10 days direct communication with Account Manager
  • daily market news
  • binary trading signals
  • risk free trades
  • money management trading plan

Banc de Binary Customer Support

Customer support is combined with security, the main elements of successful binary options trading.

In Banc de Binary review, we tried email communication and live chat and are happy to inform our readers from South Africa about provided services. Within just seconds, agent answered our questions regarding binary trading and safety of depositing and withdrawing money.

It shouldn’t surprise anyone why this broker is listed as number 1 on our list of best binary brokers in industry. Traders can contact Banc de Binary on email [email protected] .

The new and improved platform shows slightly different way of how to reach Banc de Binary support agents. In upper part of this platform, South Africans can choose between clicking on Get Instant Answer or Urgent Questions for Management.

Under Instant Answers, a new window will open and traders can just type what they are interested about. They will be provided with top 10 articles, where also, they can find needed info under specific topic (accounts, trading basics, how to deposit? etc).

It is also important to emphasize how Banc de Binary review offers traders a great and useful Education Center with multiple trading tutorials, webinars and other mechanisms help that can help traders to be more skilled when trading binary options.

Both new traders as well as professional traders can use their educational assistance in the trading process. Free video courses, FAQ, Lion Academy, financial glossary and many more are available for traders worldwide.

Banc de Binary Banking Info

Banc de Binary review showed us they try to provide traders a high security level in trading binary options.

They use SSL and PCI protection programs, together with few more, which shows how we are talking about trustworthy binary options broker. For traders to be able to deposit with this broker, they have to register on the platform and choose deposit option by their choice and the minimum amount.

Later on, traders will receive message that their account ready for binary options trading.

Traders can make payments with credit cards, bank wire and through e-wallets (Skrill Moneybookers, CashU, QIWI, WebMoney, Yandex.Money etc).

E-wallets are becoming very popular in binary options industry de to its simplicity. Money withdrawal is possible within 3 business days. For traders to be eligible to withdraw funds, they have to send Banc de Binary few documents in order to authenticate identity and prevent possible fraud with personal data.

Documents, such as photo ID, copy of address and credit card should be sent to them. Another great advantage that Banc de Binary offers traders in South Africa is that no fee is charged when withdrawing funds, which is excellent news.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    1st Place! Best Binary Broker 2020!
    Best Choice for Beginners — Free Education + Free Demo Acc!
    Sign-up and Get Big Bonus:

  • Binomo
    Binomo

    2nd place! Good choice!

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