Banc De Binary – Login

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Banc De Binary

Banc de Binary have closed and are no longer trading. This broker is no longer accepting new customers.

The sales method known as “upselling” has ultimately damaged their reputation and business. Brokers operating similar models will hopefully take heed and provide higher levels of customer service in order to run sustainable operations.

Return to the broker comparison table to search for an alternative broker.

Banc de binary ‘eu’ are one of the largest binary options brokers in the world. Their global brand name is what sets them apart from other rival trading brokers. They provide binary options in 180+ assets in over 30 countries. They cater for traders in more than 80 different countries around the world. Their mission statement is “simplicity pays“, and that tagline is central to the business.

Reviews

Banc de binary still pride themselves on their customer service, despite their growth since 2008. From one to one tuition to video tutorials and e-books, Banc de binary offer as much help as a trader requests. Complaints about the firm however, stem from account managers who encourage large deposits, and often over trade, or suggest clients to. As ever in binary options, it is always best to trade yourself. Never let anyone trade on your behalf.

Here are some of the other key details;

  • Demo Account – No
  • Bonus details – Up to 100%.
  • Minimum Deposit – $250
  • Minimum trade – $1
  • Signals service – Yes. This forms part of Silver or Gold account packages.
  • Mobile App – Yes. Android and iOS.

Trading platform

The Banc de Binary platform offers a fast, user-friendly method of trading options. Spot Option backed, the trading area delivers clear layout, all the key data can be easily found.
The top of the trading platform is where traders can select the asset, the expiry time they wish ti use, and the size of their trade. Updating these will change the price graph, and trading buttons with the up to date data for that asset and expiry. Changing the trade amount updates the ‘projected payout’ figure too.

Under the trade selection bar is the main price graph. This can be changed to reflect different time periods, with options of 30 minutes up to 12 hours offered. To the right are the trading buttons and key trade details. The current price, and payout, the expiry countdown and the call and put buttons (clearly marked). The trading area is very intuitive. The final feature is a trader sentiment bar

The trading platform provides a clean, organised area.

Who regulates Banc de Binary?

Banc de Binary are regulated by CySEC (License 188/13). They are also registered with a number of other organisation including the AML in France and the FCA in the UK. They are not regulated by those bodies however, merely registered with them, which is not the same thing. Any trader disputes would need to be taken up with CySec.

Trading range

The firm offer a good selection of binary option types.

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  • Binary Options – The traditional Up/Down options. Will the asset rise in value, or fall?
  • 60 Seconds – The 60 second options work in the same way as a standard binary option, but the expiry times are very short – 60 seconds or less.
  • Pairs – Which of two assets will rise in value most? The pairs of assets will generally be in the same asset category, for example Google versus Amazon, or Gold versus silver.
  • Long term – Long term options follow the same principals as standard binary options – but the expiry periods are over long time frames. Anything over ‘end of day’ expiries are classed as long term.

The assets lists are very big, and it is a clear strength of being a global brand. They also command a large share of trading volume, which means their large asset list is also available to trade. Some smaller brokers may list certain assets, but then not be able to open them due to a lack of volume

Complaints

When Banc de Binary generate complaints, it generally revolves around the practice of ‘upselling’. This is where an account manager from the firm, will contact a client and offer them advice. This advice can often lead to large deposits, and pressure on the client to trade beyond their means. It very rarely ends up profitable for the trader – much the opposite.

The brand offer a good trading platform and educational materials, but traders must beware of any account managers and ensure they take responsibility for their own trading. Never let anyone else trade on your behalf. As an ‘over the counter’ broker, there is a clear conflict of interest where anyone from the firm offers to trade for you.

Mobile

Banc de binary offer a free mobile trading app. Delivering full access to all areas of the full website, so traders can trade on the move and ensure no trading opportunities are missed.

The app is available on iOS (iPhone and iPad) and android. The trading area appears more or less the same as it does on the web based platform.

Live charts are also available via the mobile app, designed thoughtfully for smartphones and tablets. A responsive design means the charts display well regardless of the device used. Account management features are also available on the app.

The mobile app delivers a great user experience and is fully functional.

Payout Percentages

Returns are 86% on most options. Payouts will vary depending on the asset and the expiry time of the trade. The percentage may also move depending on trade volume. The returns on the more popular assets are good compared to their rivals. Payout comparison can sometimes prove difficult, but BdB do pay a fairly consistent level across all assets.

Withdrawals

Deposits at Banc de Binary are secure and robust. There is a deposit option on the right of the login area, visible once a user logs in. Once confirmed, deposits are available to trade immediately. There are a variety of deposit methods to choose from – credit card, bank wire transfer (international or domestic) and Skrill. Any withdrawals are generally returned via the same route that a deposit was made. This is a common policy throughout binary options brokers, and is a measure against laundering.

Withdrawals can be made anytime, but there is a minimum withdrawal figure of $50. The broker will always require some proof of identity before authorising any withdrawal, again this policy is fairly common with binary firms. These delays are sometimes the cause for disputes, so proof of ID is best sorted out as quickly as possible after opening an account.

Withdrawal authorisation will require;

  • A form of photo ID (driving license for example),
  • A recent utility bill.

Both documents will need to show the address of the trader. Once received, withdrawals will then become. When using a credit card to deposit funds, Banc de Binary need an image of the card (both sides). These steps are required by the regulator in order to protect traders, and to ensure their funds are separated and protected.

Withdrawals should be sent out in 5 working days. There is no charge or fee for any withdrawals. ‘Pending’ status withdrawals can also be cancelled, this is useful if funds are needed for trading again.

Account Benefits

Banc de Binary delivers these additional features and benefits:

  • International reach – Banc de Binary offers trading to over 100 countries, and lists assets from over 30.
  • 24/7 trading – Where markets are open, the trading platform will be open.
  • Loyalty rewards – The firm offer a number of loyalty rewards to regular traders after sign up.
  • Account Types – There are four levels of login account; Bronze, Silver, Gold and Lion Premium. Each level offers further benefits including gifts, trading alerts and private sessions with analysts.

How do they make money?

Banc de Binary offer ‘Over the counter’ binary options, and are the counter party to each trade. If they have traders on each side of any trade, they will profit regardless of the outcome due to the payout being less than 100% to the winner. Where the trade is not covered on both sides, BdB will effectively only profit when the trade loses.

Banc de Binary demo account?

At present Banc de Binary do not currently offer a demo account. They are one of only a few major brokers who do not offer such a service, so we hope they will reconsider this policy soon.

Are Banc de Binary a Scam?

While the brand is not a scam, the process of ‘upselling’ has damaged their reputation. This is where account managers contact clients in order to encourage larger deposits and more trades. This advice is generally not in the best interest of the trader.

This type of behaviour is rare, but traders should be aware of the risk, so that should they receive such a call, they can say “No thanks”.

The withdrawals and trading platform both generate very few complaints, so if the firm were able to stop this practise of upselling, their reputation could be restored.

Banc De Binary Login

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Banc De Binary is known as one of the most popular binary options trading platforms in the market.

This regulated broker, due to CySEC’s decision, no longer provides binary options bonuses!

Registering and logging in is very easy and simple, and traders just need to provide their data for initial registration. Before depositing, there will be a need for data verification, and an email will be sent to activate the account. Then, users should choose if they prefer to use a credit card or wire transfer. Besides, traders have to prepare a government-issued ID with a photo, copy of the credit card and some residence/personal bill with their name and address.

Banc De Binary has a special VIP account package offered for those who intend to profit and believe are more experienced in binary options trading. Traders get several benefits, including 100% sign up bonus, a superior broker and account management services, just to name a few. And to be able to be part of this selective club, all you have to do is deposit a minimum of $50,000.

Banc De Binary Affiliate Program

For those looking to login into the program that enables them to promote Banc De Binary products, Banc De Binary has one of the most reputable binary affiliate programs in the market. They provide different types of commission plans that are designed to inspire a long-term and professional relationship with their affiliates who join them. For example, for 1 to 10 traders, the affiliate will receive $100 CPA.

The more leads you end up attracting, the higher your CPA is going to be. This is a high amount if compared to other affiliate programs in the market. Their payout system is easy and assures one payment per month, most likely on the 15th. Transparent payment is what makes it the binary affiliate programs good. The schedule of payouts depends on several factors such as the criteria range, trader’s volume, and trader’s value. However, there are several terms and conditions you have to abide with first.

For example, if a minimum requirement of four trades isn’t met, you will be considered to be an ‘’inactive client’’. Therefore, it is essential that you take a look at their terms and conditions before signing up. All their landing pages along with website designs are optimized for purposes of conversion. This means that their brokers are going to contact you with every lead you bring, which gives you the best possible rate for leads. This personal approach is highly appreciated among affiliates.

You will receive all the assistance if you’re facing issues finding leads or with other issues. Signing up to Banc De Binary’s affiliate program is very easy and won’t take you more than ten minutes. All you have to do is enter your information and you’ll be able to sign up right away!

SEC going after Banc De Binary Execs

In January 2020, Banc De Binary (BDB) had made an announcement pertaining to its registration with CySec . The brokerage service also revealed that they were undergoing talks with CTFC in terms of the US regulation, but after some time, the broker preferred to rescind this statement. It has been brought to the notice of the general public there are some complaints against the BDB, most of which have been probably filed by the unsatisfied traders and customers.

The CFTC deems that the broker had violated the ban which was placed on the off-exchange trading options. It all happened when the broker had started offering the commodity options based services and contracts to the customers located in the United States. The broker has also been alleged of soliciting and confirmation of the orders which were placed by the customers located in the US.

The CTFC’s complained that its online website where the traders are able to trade on the call and put options. They predict whether the price of a certain commodity is going to move up or down in a certain time span, which indeed is the best example of the off-exchange binary options is trading. From the month of May 2020 till March 2020, the company offered all of the US customers with a number of off-exchange trading options and programs.

It is to be pondered here that the US customers are prohibited from trading on the prices of wheat, oil, coffee, corn and several other stock indices with European binary options. David Meister, who happens to be the director of CFTC’s Division of Enforcement, asserted that the bans and all other regulations were for the protection of the finances of the traders. He also added that CFTC was dedicated to serving the public and all the US customers in the best manner possible. The BDB officials also had a lot to say in this regard, as not all the claims and allegations placed by CFTC were correct. Eventually, the case was closed.

Banc De Binary Trustpilot

Banc de Binary can be found on the Trustpilot. Trustpilot is a consumer review platform online where all companies can register and ask the community for an honest review. Since a whole process of the signup is there, reviews can be done by registered members whose opinions can be tracked. A company must also register itself and verify the account.

The goal of Trustpilot is to enable legit reviews for customers. Banc De Binary can be found as BBinary on Trustpilot. Their current review is 6.1 out of 10 (3 out of 5 stars), however looking at the reviews, it is easy to see the result is biased toward one 1-star review while the rest of the reviews are 5/5 stars.

In many cases, traders will complain just because they have lost all of their money even if they didn’t use appropriate approach.

Banc De Binary Scam

There were no reports of a banc de binary scam so far on Fair Binary Options. Scams can occur in various ways, and in certain cases, we at Fair Binary will even consider something scam if it was in Terms and Conditions that a broker has put up. However, despite this broad definition that we use, we have had no reports of bonus scams, failed withdrawals, weird rules and phone pressures by this broker.

Banc De Binary is a regulated broker that has a CySEC license. They have been providing trading services since 2009. Fair Binary Options reviewed them in 2020. They have won multiple FBO Awards, including the Best Broker award in 2020.

Banc de Binary USA

In relations to the case above, Banc de Binary made an announcement on January 25, 2020, that they were no longer going to accept customers from the United States. However, they still accepted customers from other countries. To regulate different operations associated with exchanges of binary options from the United States, new clients from there weren’t going to be accepted.

Until US regulation is more accepting to European style brokers, Banc de Binary will not be able to accept any customers from the United States. Banc de Binary is one of the best regulated brokers in the world and this is why they have to make sure that they provide the best services to customers and ensure all transactions made are safe. New traders from the United States should find other brokers that accept US customers, presented on the FBO homepage.

Banc De Binary EU

Banc De Binary is an EU registered and licensed broker operating from the company headquarters in Cyprus.

Banc De Binary has also set up a special.eu domain for their website catering to European customers.

EU is the world’s biggest economic area and it makes sense that Banc De Binary is focusing their efforts on EU traders. In terms of investment potential the EU is also a global financial center, especially since London is the global center for currencies trading. All these things make EU extremely interesting as the market for binary options trading.

Banc De Binary Free Demo Trading

Banc De Binary has established itself as a popular broker in the binary options trading. Demo trading is offered to those who make an initial deposit with a specified amount, and in case of any questions, it is always possible to get in touch with the customer service department.

They are going to review trader’s account and after having checked the initial deposit, trader will be offered a free demo account. It can only happen after a proper login. There is no need to worry about any sort of risks in this regard, as the money deposited is not going to be at stake in terms of demo trading. Using the demo account gives the opportunity to get the feel of the trading options and if one does no feel up to it, Banc De Binary enables the withdrawal of the entire amount the next day.

So why demo trading? When it comes to having a learning experience in binary options trading, opening up a demo account is a wise and a rational choice for anyone. The demo trading makes use of the real life trading sessions and simulations, thus preparing trader for the complexities that are about to follow.

The practice which the demo account makes possible is going to benefit trader in the long run.

Banc de Binary Practice Account

Demo trading account is crucial for traders without any prior experience in binary options trading.

Luck can matter at times in online trading, but not always and not frequently. Skills and strategies in trading are important no matter what.

If trader executes put and call options in the right manner, there is always the probability of success. Demo trading has been recognized by the expert traders as being a tutorial mode for the rookies and newbies.

It is beneficial to login with Banc De Binary. However, customers from the US should be aware they do not accept US customers. Great way to start improving your skills after creating the account and logging in is to deposit and ask for a demo account!

Banc De Binary Robot Auto Trading

Many customers are wondering which auto trading services support Banc De Binary (BDB) for automatic trading of binary options. The popular auto trading provider, the Binary Options Robot works with Banc De Binary without any issues. The integration is made to benefit customers because they do not have to think about how to install the software and login to their Banc De Binary robot accounts.

With the Binary Options Robot, all traders have to do if they want to select Banc De Binary as their broker is to go into Robot dashboard and click “Open Account” next to Banc De Binary. The website will automatically create an account with the broker that is directly connected to the robot.

Previous accounts you may have with Banc De Binary will not work with Binary Options Robot – customers need to create a new one via the Binary Options Robot interface and deposit money on it. Also, customers cannot transfer funds from their previous BDB account but need to withdraw them first and then deposit them back by clicking deposit in the Binary Options Robot Dashboard, next to Banc De Binary.

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UPDATE (12.01.2020):

We have found out that Banc de Binary is closed.

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Old Review:

Banc De Binary has a reputation as one of the most prosperous and safe brokers out there.

Joining and signing up is not a big deal. It’s actually incredibly quick and simple for a person with basic computer knowledge. During the registration procedure, the clients have to present their personal info. Then, there is required to carry out personal data authentication, and a message on the email address will appear in order to help the client activating the account. Next, the customers should decide which payment method to choose: wire transfer or credit/debit card. Additionally, clients must show a scan or a picture with some ID document with quality image, copy of the bank card, and some recent bill in which the address and name are visible. Even if you can trade without this, the verification method is mandatory for any client who wants to make the first
withdrawal.

When registering, the trader will be required the first and last name, the email, country, and phone number. In the same section, the trader will have to choose a password and repeat it, then to select the account currency, and finally type some characters for security reasons. The acceptance of terms and conditions is mandatory for successfully finishing the registration procedure.
If you feel you’re more experienced than others in terms of binary options trading, you might be interested in Banc De Binary’s exclusive VIP account package which is provided for individuals who plan to generate profits and are more capable. You will be impressed to find out what’s inside those packages! First of all, it is about the 100% sign-up bonus, then there are the account management features of a top-notch broker, and this is not all! Anyone, who wants to benefit from these exclusive offers available for those who participate in this unique club, has to make a deposit no less than $50 000 and go through the instructional videos and e-books provided with the package.

Banc De Binary Scam

Based on our reports and reviews, there were not any complaints about Banc De Binary Scams. You should know that we are quite rigorous when it comes to broker scams and we use the broad meaning of it. For example, there may be different types of scams related to bonuses, withdrawal problems, suspicious rules and conditions, psychological pressure on the phone, and many more. None of these scams were reported against Banc De Binary. It is a reputable brand and it won’t risk missing something. The scams are generally true about less popular brokers that want to overcome the competition and generate profits fast based on their clients’ losses. Yet, this can’t be true about a regulated broker as BdB.
As you could read above, Banc De Binary has the CySEC license, which confirms the broker is serious in keeping its promises to the clients. This Cyprus license is valid for all the European Union countries, which demonstrates it is not ambiguous.

Banc De Binary EU

With the CySEC license, Banc De Binary can operate in all the European countries. It is an EU registered broker, the license of which is coordinated trough the EU’s MiFID. The broker’s webpage has a specific .eu domain that is meant to serve the European clients.

Banc De Binary puts an effort to increase their presence in the EU once the US regulators restricted their activities there. The EU represents the second largest market, so the broker has a good perspective.

Banc De Binary Free Demo Trading

Whenever you’ll go through lists with the top binary options brokers, you will find Banc De Binary in the first lines. It shows that it is a broker truly focused on its clients’ needs. One of these needs is the demo trading – a great practice meant to help novice traders develop their skills. With BdB, demo trading is possible after making the first deposit in the account. The customer support can help you whenever there is a concern about the demo account and many other issues.

After making the first deposit, the broker will check the client’s account and a free demo account will be automatically provided. Once the client sings in, he can enjoy the demo account’s features that are identical to the real account ones. You don’t have to concern yourself with any kind of risks, because the funds you deposited won’t be considered at all with demo trading. The demo account is particularly made to use virtual money for training purposes, so the deposit will be saved. Actually, if you want to use the deposited money, you can carry out the withdrawal procedure the very next day.

Even if you find binary trading so easy and have watched some learning videos, you should try to practice on a demo account as it will give you knowledge based on experience, which is more valuable than the theoretical one. Opening a demo account would be really a smart decision even for a more experienced trader. It can help them get familiar with the platform particulars.
In fact, you will understand the effect of demo trading much later, when you will make the right decisions in difficult situations. So we discuss here advantages that are valid for a long time. Traders that dream about making binary options a consistent source of profits should take the right steps in their trading path, and demo trading should stay at the very foundation. That being said let us see how you can sign up for a demo account.

Banc De Binary Practice Account

Those who never tried binary options trading and heard about its great potential, must definitely try a demo account, and Banc De Binary offers one of the best products.
It is true that occasionally people can make profits based on luck as there are only two options: CALL and PUT. However, it refers only to short periods, but in the long term it will be impossible for beginners to generate constant profits. We don’t want to discourage traders, but only insist on the fact that you should focus on developing skills and stick to some good strategies rather than hope on luck.

In order to achieve this knowledge, demo trading is the key. The great thing about demo trading is that the trader has the chance to simulate real trades with no funds, which means no risks. Even if the profits and losses will be imaginary, the trader can precisely understand how the process works. The quotations are the same and they are moving exactly the same way. It is a good chance to get in contact with Banc De Binary platform and discover its particular features.

Singing in with Banc De Binary opens many new opportunities. It is clear that this broker has all the “ingredients” for a successful binary options service. Creating an account with Banc De Binary and asking for a demo account is a smart decision for both beginner and experienced traders. Nevertheless, if you are a US citizen, you cannot enjoy these benefits.
Banc De Binary Robot Auto Trading

A lot of clients are curious about Banc De Binary auto trading possibilities. Well, the broker supports Binary Options Robot, the most well-liked auto trading provider in the world.
If you deal with Binary Options Robot, here is what you should do: go into Robot dashboard and you will find “Open Account” button. Click there next to Banc De Binary. This will instantly open an account on Banc De Binary broker that will be linked to the robot.

If you already have an account with Banc De Binary, this won’t function – you have to make a new one as described above. It is mandatory to create the account via Binary Options Robot interface and make a deposit there. Additionally, the clients can’t relocate their money from the old BDB account. They have to withdraw the funds and then make a deposit via the robot dashboard next to Banc De Binary.

Banc De Binary

Rating Payout Min Deposit Bonus Regulated
» Visit
90% £250 100%

No Payout: 90% Min Deposit: £250 Bonus: 100% Regulated:

No

Banc de Binary have ceased trading. The firm is no longer accepting new accounts.

Return to the broker comparison table to search for an alternative broker.

Banc de binary are the world’s leading binary options brokerage. Their global reach is what sets them apart from rival online trading brokers. They offer binary options in over 180 tradeable assets spread over 30 different countries. They provide services for traders in as many as 80 different countries around the globe. Their company motto is “simplicity pays“, and that ethos runs throughout the business.

Here are some of the other key details regarding Banc de binary eu;

  • Demo Account – No
  • Minimum Deposit – £250
  • Minimum trade – £1
  • Signals service – Yes. Via trading central, available as part of Silver or Gold account packages.
  • Bonus details – Up to 100%.
  • Mobile App – Yes. Android and iOS.

Trading Platform

Banc de Binary offers a fast, user-friendly method of trading options. The trading area follows a familiar, clear layout, with all the relevant information easily found.

The top of the trading platform lists the type of option available, and below that are the assets. There is a ‘Most popular‘ list, and then menus listing assets in their traditional groups – Currencies, commodities, indices and stocks. To the right of the assets are some options to amend the number of trading windows visible at any time.

The central two options allow a large number of trades to be watched at once – but this means collapsing the price graph and reducing each window considerably. This can leave the trading area a little cluttered – but it might suit some traders and it is handy to have a configurable trading area.

Below the options and assets comes the detail. So the specific asset to be traded, the expiry time and the trade amount. All are amendable via a drop down menu. Changing the trade amount updates the ‘projected payout’ figure beneath. Under the trade information bar is the main price graph. This can be amended to cover different timeframes, ranging from 30 minutes to 12 hours.

On the right of the graph is the key information. The current price, and payout, the expiry countdown and the all important trading buttons. As the key information, these are all displayed clearly and are very intuitive. Finally there is a ‘Traders choice’ bar, which reflects the sentiment among other traders at that moment.

The trading platform is clear, configurable and cannot be faulted.

Who regulates Banc de Binary?

Trader Choice

Banc de Binary offer a great range of binary option types.

  • Binary Options – The traditional High/Low options. Will the asset rise in value, or fall?
  • Pairs – Which of two assets – generally corporate stocks, but on occasion commodities or indices – will perform best? The pairs of assets will normally be related, for example Google versus Amazon, or Gold versus silver.
  • Long term – Long term options follow the same principals as standard binary options – but the expiry periods are longer. Expiry times can be from a week or two, up to 9 or 12 months. These option favour traders who want to give their trades time for the fundamentals to have an effect.
  • 60 Seconds – High octane trading! Again, the actual trade is similar to that of a standard binary option, but here, the expiry times are exceptionally short – 60 seconds or less.

The assets lists at Banc de binary are large, and it is a clear strength. Some brokers will have even longer asset lists, but Banc de binary are certainly among the leaders in this regard and offer all the most popular assets.

Mobile App

Banc de binary offer a completely free mobile trading app. It offers full access to all of the assets available on the full website, so traders can react immediately to news and events that may shape future price movement.

The app is available on iOS (iPhone and iPad) and android. The trading platform is kept clear and simple to ensure it is as useable as possible. Open and expired trade information can be displayed, in addition to the account balance and funds available.

Live charts are also available via the mobile app, and these in particular have been thoughtfully designed for smartphones and tablets. Despite the potential problems with display size, the charts are presented very well, and are useful for analysis on the move. Lastly, account management features are available too, including the ability to deposit via the app.

So traders have everything they need on the trading app to react quickly to market changes, wherever they may be.

Banc de Binary have ceased trading. The firm is no longer accepting new accounts.

Return to the broker comparison table to search for an alternative broker.

Payout

Banc de Binary typically returns 86% on options. The payouts will vary depending on the asset and the expiry time of the trade. While Banc de Binary does not offer some of the more exotic options that can lead to sky high payouts, their returns on the more popular trades are among the best in the business. So for the more traditional options, the payouts are very good.

Withdrawal and Deposit Options

Deposits at Banc de Binary are simple and secure. There is a deposit option on the right of the screen as soon as a trader logs in. Once completed, deposits are available to trade immediately. There are a variety of deposit methods to choose from – credit card, bank wire transfer (international or domestic) and Skrill. As with other brokers, any withdrawals are generally returned via the same route that a deposit was made.

Withdrawals can be made anytime, but there is a minimum withdrawal figure of £50. As with other brokers, Banc de Binary require some form of proof of identity before authorising a withdrawal. These delays can sometimes frustrate traders, so it is worth organising the proof of ID early.

Withdrawal problems

Banc de Binary request; A form of photo ID (driving license for example), and a recent utility bill. Both documents need to show the address of the trader. Once received, the account with be authorised to make a withdrawal. If a credit card was used to deposit funds, Banc de Binary also like an image of that card (front and back). These steps are necessary to protect traders, and also to ensure their funds are separated and protected.

Most withdrawals should be processed within 5 working days and Banc de Binary does not charge a fee for any withdrawals. A withdrawal with a ‘pending‘ status can also be cancelled any time – handy if funds are needed back in the account.

Complaints

When Banc de Binary generate complaints, they revolve around the ‘account managers’. These people are employed by the broker, and contact clients with “trading advice” and highlighting investment opportunities. The complaints however, suggest that these managers are often causing traders to trade beyond their means (encouraging large deposits) and also causing over trading, and subsequently, trading losses.

If choosing to trade with Banc de Binary, our advice would be to ignore the account managers and their advice, or even specifically state in writing when joining, that you do not want any such service. The platform and trading functionality is top quality. These account managers however, continue to give the brand a bad name.

Other Features

Banc de Binary offers its clients the following features and benefits:

  • International reach – Banc de Binary trades in over 100 countries around the globe., and offers trading assets in over 30.
  • 24/7 trading – This broker offers 24-hour trading.
  • Personalised service – Banc de Binary offers a personalised service, giving clients access to brokers and financial advisers.
  • Loyalty rewards – Banc de Binary offers a number of bonuses for regular traders.
  • Account Types – There are four types of account; Bronze, Silver, Gold and Lion Premium. Each level offers further benefits including gifts, trading alerts and private sessions with analysts.

Educational resources at Banc de binary are being expanded all the time – they include videos and e-learning tools, as well as possible one to one tuition. The firm do offer a very personal service, but users must be aware of the upselling regime, and trade on their own.

Banc De Binary – Honest Review

Banc De Binary

  • Does not allow US traders to register an account.

Banc De Binary was founded in 2009 and has won multiple awards. BDBinary is known as the leader in the binary options market. It is an online platform that does not require any downloading onto your device. Their platform is mobile and tablet friendly, but we have to say that it is a bit slower than other platforms.

However, this review is not worth much, since BDB has been shut down by it’s founder.

Banc de Binary Platform

The platform that banc de binary uses is similar to other brokers’, for example, BDSwiss operates on the same platform. They offer high-low options trading, trading pairs, short and long term trading. Nothing fancy but it is enough for regular binary options trading.

We have to admit that their platform might come across as rather slow compared to other brokers, but it definitely is worth the wait. Minimum trade size is only $1 which makes bdbinary a great company to start with if you’re new to the business.

This is what banc de binary’s platform looks like

Account types at Banc de Binary

Types of accounts (click to enlarge)

There are several account types depending on how much the trader wants to deposit and invest. The account types are called Bronze, Silver, and Gold.

  • The Bronze account has access to the 190 trade-able assets of the company, reviews, lots of webinars, daily marketing access to training, and starts with depositing $ 250 or more.
  • Silver accounts have everything the previous account type and start with $2 500. Also, you will get loyalty gifts, trading alerts and events, direct access to your account manager for 10 days and a trading central access for 1 month.
  • The Gold starts with depositing $ 5 000. The access to the trading central is prolonged for 3, you get your very own account manager, and the money management smart plan.

Banc de Binary Demo Account

Banc de Binary offers a demo account (learn more) with $ 50 000 for trading. You will get access to the demo account as soon as you make your first deposit of $ 250 or more. Then after talking to the live-support, your demo account is opened and you have an unlimited access to it.

However, if you do not wish to fund your account before you can even try binary options trading, you can find a demo account free of charge on our website. Click this link to start. Binary Options Demo

Depositing into your account

You do not need to make a deposit when you register an account. You can simply register and research more about the accounts and get to use the full website. But in order to make trades on the platform, you will need to deposit funds into the account. The minimum deposit amount is $ 250 (or 250 €) The minimum amount for placing a trade is $1

Deposits can be made using visa, master card, skrill, wire transfer, and some alternative deposit methods may be used if you ask your account manager.

Banc de Binary Bonus

Banc de Binary has some great bonuses. Like other binary trading companies, it all depends on how much the trader deposits. Some high account holders can get a signup bonus of up to a 100%, which doubles their money before they have even started to trade! The broker Banc de Binary also offers a 3-risk-free trades bonus for all clients who sign up.

Another bonus is the referral sign up bonus when they refer a friend or someone to Banc de Binary to open an account they get a bonus in their account. Traders can also earn bonuses from event specials randomly. Bonuses are great ways to get “free money” to trade with. It is fast and easy to deposit funds into whatever account you have.

Withdrawing Funds from Banc de Binary

Withdrawals of funds from your binary trading account are just as easy as depositing. You can use your credit card, bank wire transfer or e-wallet, but other alternative options are available as well. There is a minimum withdrawal amount of $50. No fees are applied when withdrawing.

Banc De Binary Pros

  • Excellent returns
  • User friendly interface platform
  • Good variety of over 190 assets
  • Small investment minimum options

Banc De Binary Cons

  • Does not allow US traders to register an account.

Banc De Binary – Review author

More about the author Step

I’ve wanted to build a business of some kind and earn money since I was in middle school. I wasn’t very successful though until my senior year in highschool, when I finally started to think about doing online business. Nowadays I profitably trade binary options full-time and thus gladly share my experiences with you. More posts by this author

Banc De Binary Details

✅ Broker Banc De Binary
✅ Website URL https://bancdebinary.com/
✅ Founded 2009
✅ Headquarters Cyprus
✅ Support Number [email protected]
✅ Support Types Live Chat, Skype, Email, Phone
✅ Languages English, Arabic, French, German, Italian, Russian, Spanish, Portuguese
✅ Trading Platform SpotOption
✅ Minimum 1st Deposit $250
✅ Minimum Trade Amount $1
✅ Maximum Trade Amount $8,000
✅ Bonus 100% Introductory Bonus
✅ Payout 91%*
✅ Free Demo Account
✅ Regulated
✅ Regulation CySec, FCA
✅ Account Types Bronze, Silver, Gold, Premium, Platinum, Exlusive
✅ Deposit Methods Visa, Mastercard, Wire Transfer, Skrill (MoneyBookers)
✅ Withdrawal Methods Wire Transfer, Skrill (Moneybookers), Debit/Credit Card
✅ Trading Methods Call and Put Options, One Touch, 60 Second Options, Pairs
✅ Number of Assets 80
✅ Expiry Times 60sec, 15min, 30min, 1hr, 24hr, weekly
✅ Types of Assets Forex, Commodities, Stocks, Indices
✅ Option Types Long-Term, Short-Term, Exotic
✅ Trading Currency USD, EUR
✅ Account Currency USD, EUR
✅ US Traders Allowed
✅ Mobile Trading
✅ Tablet Trading
✅ Overall Score

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10 Responses to “Banc De Binary – Honest Review”

Be very careful with these fake binary options brokers, they are the best at taking your money but also making sure you never see it again.

Hello, thank you for sharing your thoughts, but this broker doesn’t exist anymore.

Outstanding post, I think website owners should acquire a lot from this web blog its really user pleasant.
So much excellent info on here :D.

Thank you so much for your comment. We really appreciate your feedback.

Is banc de binary scam or not? I thought it was

Technically – No, not at all. A year ago, though, they have received a fine for accepting US traders. That was against the law, since they did not have a permission to do so.

Oh alright. I have heard they were a scam as well, idk

Banc de Binary might be a bit slower than other websites but it’s definitely the best broker around. With such a name and so many client’s they can’t do anything wrong – it would make them go bankrupt..

So is Banc de Binary open also for clients in EU?

Hi George, yes, Banc de Binary accepts clients from EU. More info here: Banc de Binary EU clients

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