Banc De Binary Review = An Ideal Binary Options Broker For Beginners & Novice Traders
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On first glance, it becomes evident that Banc De Binary amongst the more professional companies that specialize in binary options. Forex and Stock markets are the backbone of the company. The founder of the company possess more than 100 years of experience in these markets. Banc De Binary is also amongst the few binary options brokers that have been regulated by the Financial Services Authority (FSA). The binary options trading community already recognizes them for their positive reputation and splendid customer service. Nonetheless, this Banc De binary review will hopefully provide an in-depth overview of the company to help you decide whether or not you should set up an account with them.
Banc De Binary Overview
Broker Name: Banc De Binary
Official Website: http://www.BancDeBinary.com
Licenses: CySEC, MIFId, CONSOB
Bonus: Up To 100%
Banc De Binary Trading Platforms
Banc De Binary offers web based trading platforms, like a majority of online brokers. These platforms are more beneficial since you can trade any time from anywhere in the world. Additionally, if you are a novice trader, you will find their trading platforms quite easy to use and helpful. You will be able to navigate around very easily and will find the links sufficiently concise. Depending on your individualistic style, you can choose one of 4 different trading platforms, namely:
Digital Option Pro: Most binary options websites have this as their standard platform. Apart from a nice design, fundamental and technical analysis can be viewed while trading.
Option Builder: If you are a more advanced trader and have traded binary options before, then this platform is for you. You will be able to build and customize your own trade, while managing the risk level and taking insurance.
One Touch Platform: This platform offers a 500% payout. If you think that in a specific time frame, an asset is likely to rise to a particular level or above, but you are uncertain how long it will remain at that level, then this platform is for you.
BinaryMeta: Banc De Binary has apparently based this proprietary platform on MT4. You will realize that this platform functions just like a standard platform, but with more advanced features, such as trades can be analyzed and trades being carried out can be viewed in real-time.
Banc De Binary Trading Payout
Since no spread is incorporated between the calls and put, so you will not have to pay anything to trade at Banc De Binary. This means that you a predetermined price payout will be given to you, no matter which direction the price of the asset is heading in. The risk will also become evident in advance.
For in the money trades, they have up to a 71% rate of returns, which is very high, and as mentioned, their One-touch platform offers a maximum of 500% payout. If you are going to be depositing for the very first time, you will also receive trading bonuses up to half of your deposit. However, until you reach a particular volume of trading, you will not be able to withdraw the money, which is nothing new.
Banc De Binary Trading Assets
At Banc de Binary, you will be able to trade more than 90 underlying assets, such as Amazon, Apple, AUD/USD, Coca Cola, Google, Gold, NASDAQ, which is far more than the current average in the industry. Additionally, you will also be able to choose one of 4 expiry times, which range between 15 minutes and 24 hours.
Banc De Binary Trading Customer Support
They are known for their excellent customer support, which is offered in multiple languages. Their support staff is competent and can be contacted via Book A Call Back, Online Support Ticket and Software Walk Through. Additionally, email support and Live Chat are also offered.
Banc De Binary Trading Customer Reliability
The price quotes that are used by Banc de Binary are always in real time and are streamed from Thomson Reuters. So the prices of assets that are quoted on the websites are always accurate. Moreover, you can withdraw funds via Bank Wire, Credit or Debit Card, or Moneybookers, and it will take no more than 2 days for the transaction to complete.
Banc De Binary Trading Pros
- You can completely control your trading with Option Builder. Depending on your trading style, you can customize expiry time and reward/risk accordingly.
- If you prefer to exit your trades quickly, 60 Second options are available.
- You will be able to trade your favorite asset around the clock thanks to One Touch Weekend.
- The platforms are quite diverse.
- Â Option Builder offers a payout of up to 500%.
Banc De Binary Trading Cons
- The bonuses and promotions available are not very special.
- The education section of the website is not detailed enough.
Conclusion = Should You Set Up An Account With Banc De Binary?
When compared to other binary options brokers, Banc De Binary certainly appears to be a professional company with an website that stands out. It may take some time for you to decide which platform to choose. Yet, if you are just starting to learn how to trade with binary options, you will realize that Banc De Binary have made things rather easy for novice traders like you with their user-friendly trading platforms.