Banc de Binary Review
The field of Binary Options Trading is expanding rapidly, and more and more traders are investing money in this trade. This is because it is an easy method of investment, involves limited risks and investors can receive high returns. This business is relatively new in the market but still it is growing and becoming popular among investors and there are many reasons for its quick growth like it has short term gains with limited risk. The increasing dimension of the market economy has provided ample opportunities of garnering huge profits to those who are in search of some hefty income within a very short time. There are many online trading platforms that have made binary trading a lot easier than before and among them Banc de Binary deserves a special mention not only because of its reputation in the market but also because of its contribution to the growth of binary trading business.
Banc de Binary Basic Information
Banc de Binary was founded in 2009 and is also known as BO Systems Limited. It is one of the oldest trading platforms in the world. It was awarded with the prestigious award of ‘World Leading Broker‘ in 2013. It has the experience in binary trading industry since years and can thus be a perfect choice for those who want to make some really good fortune in the business. Banc de Binary operates an online trading website and allows people to predict whether the price of an asset will rise or fall. It is headquartered in Cyprus and is widely regarded as the best platform for novice traders. Over the last few years, Banc de Binary has emerged to be one of the most important trading platforms in the market due to its uncomplicated nature and its high profit yielding capacity.
Assets
Banc de Binary offers an extensive collection of 200 assets that traders can choose from. The list includes stocks, currencies, indices and commodities. Customers can make price predictions about 200 global assets. Such a large number of assets underscore the fact that users can easily choose one according to their knowledge and other factors. However, traders have to be careful in their choice in order to make the proper selection of the best asset. Different types of assets tend to work differently under varying market conditions and so it is important for traders to make a choice carefully.
Payout
The payout that Banc de Binary offers on successful trades is at par with international standards. While the payout on average binary trades that end in money is 71 to 81 percent, high profile trades like the One Touch Option yield a payout of 500 percent. This high level of payout underscores the fact that traders can easily garner some good profits within a very little time if they are able to choose the direction of the price movement of an asset correctly. It is to be kept in mind that, in spite of the fact that binary trading involves certain risks and uncertainties, it is this high level of payout that instigates more and more traders to invest money in this trade.
Minimum Deposit
Banc de Binary asks for a minimum deposit of $250 from traders in order to open an account. Customers can trade with such a minimum investment that is the lowest one can trade on any type of binary option. Due to such a minimum deposit, traders from different economic backgrounds can trade through this platform. As a result, a large number of people are getting inclined towards trading through Banc de Binary. Low deposit allows novice traders to open a trading account and start trading without fearing any significant loss of investment. First time depositors can also get a bonus of up to 50 percent of the deposited amount.
Option Types
Banc de Binary offers five different types of options that include Binary Options, Long Term Options, Sixty Seconds Options, One Touch Options and Pair options. As a result, traders can easily choose a trade according to their requirement. It is quite obvious that different types of trades need different types of approach and so it is important for traders to make a careful choice.
Demo account
Another important feature of Banc de Binary is that it allows traders to open a demo account absolutely free of cost. This enables traders to get a detailed idea about the trade without investing a single penny in the real money market.
Customer Support
The customer support service provided by Banc de Binary is one of the most reliable in the market. The service is offered in English, French, German, Italian, Spanish, Arabic and Chinese. As a result, traders from different parts of the world can invest money through this platform. Clients can contact the experts 24 hours a day and seven days a week through telephone and Live Chat option.
Awards
Details
| Broker | Banc de Binary |
|---|---|
| Official Website URL | www.bancdebinary.com |
| Founded | 2009 |
| Headquarters | Ramat Gan, Israel, Petah Tikva, Israel, and Limassol, Cyprus |
| Support Types | Email, Phone, Live Chat, Skype |
| Supported Languages | Arabic, Chinese, English, French, German, Italian, and Spanish |
| Trading Platform | Banc de Binary platform |
| Minimum 1st Deposit | $250 |
| Minimum Account Size | 1 USD/EUR/GBP |
| Minimum Trade Amount | $10 |
| Bonus | Bonus of 100% from $250 on first deposit |
| Payout | Over 80% |
| Free Demo Account |  (free 24 hour demo account) |
| Deposit Methods | Bank Wire Transfer, Credit Card, Third Party Credit Card, MoneyBookers E-Wallet, Alterpay E-Wallet |
| Trading Methods | 60 Seconds, High/Low, Long Term Binary Options, One Touch |
| Number of Assets | 200+ |
| Option Types | Stocks, Commodities, Currencies, Indices |
| US Traders Allowed |  |
| Mobile Trading | |
| Tablet Trading | |
| Overall Score |  |