banc de binary logoBanc De Binary was created by a privately held investment firm after the financial crisis of 2008.  Their mission was to help traders minimize risk and maximize profits by providing a secure binary option trading platform.  Banc De Binary now has 250,000 account holders, spreading across over 100 different countries.

This broker is currently regulated by the CySEC, FCA, and CONSOB.  Unfortunately, they do no accept U.S. traders at this time.

In this review, I’ll cover everything you need to know about Banc De Binary and help you decide if this broker is right for you.

Trading Platform

Banc De Binary uses the SpotOption technology for its trading platform, which is the preferred choice for many traders because of it’s familiarity and simplicity.  Here are the various trade types available in this trading platform:

  • High/Low
  • Pairs
  • 60 Seconds
  • One-Touch
  • Option Builder

banc de binary trading platform

The minimum trade amount is just $1, which is the lowest in the entire industry.  The maximum trade allowed on the platform is $6,000.

Payouts –  The return rates for trades on this platform vary from 72% up to 90%.   And for the one-touch option trades, you can make as much as a 400% return on your investment.

Expiry Times – Banc De Binary offers expiry times from 60 seconds all the way up to one year.

Assets

Banc De Binary offers one of the most comprehensive lists of binary option assets to trade within their platform.  They have around 180 assets available, sourced from 30 different countries including:

  • 25 Currency Pairs
  • 43 Indices
  • 97 Stocks
  • 8 Commodities

Another great aspect about Banc De Binary is that if you want to trade an asset that isn’t currently available on their platform, you can contact your account manager and request that they add it.

Account Types

When opening an account with Banc De Binary, you have 3 different options to choose from.  Here’s a run-down of what’s included with each account type.

Bronze Account ($250 Deposit)

  • Daily market reviews
  • Access to webinars twice a month

Silver Account ($2,500 Deposit)

  • Daily market reviews
  • Access to webinars twice a month
  • Trading alerts and event analysis
  • Direct access to account manager for 10 days
  • 1 month of trading signals

Gold Account ($5,000 Deposit)

  • Daily market reviews
  • Access to webinars twice a month
  • Trading alerts and event analysis
  • Direct access to account manager
  • 3 months of trading signals
  • Risk-free trades
  • Introductory private session with an analyst
  • Smart money management plan

Trading Bonuses

Banc De Binary understands that there are many different brokers to choose from, and offering traders with deposit bonuses is one way to attract new clients.  This broker offers bonuses between 50-100% of your deposit, increasing the amount of money you can potentially make as a result.

Banc De Binary Demo Account

After opening up an account with Banc De Binary, they will provide you with a demo account with $50,000 of virtual money.  This will give you the opportunity to test out trading strategies or just to learn how their platform works.

Deposits and Withdrawals

After opening a free account, Banc De Binary requires a $250 minimum deposit to start trading on their platform.  Their deposit methods include bank wire transfer, credit card, Moneybookers, and Skrill.   Once you open your account and deposit funds, your account balance should change within minutes after the transaction is complete.

Withdrawing funds from your Banc De Binary account is easy.  After logging into your account, click on the Withdrawal tab.  Then enter the amount you want to withdraw, the currency you want, and hit the submit button.

Banc De Binary does not charge withdrawal fees, and withdrawal requests are processed within 5 days.

Pros

  • Excellent selection of assets to trade
  • Mobile trading app allows you to trade anywhere from your mobile device.
  • Broker is regulated by the CySEC, FCA, and CONSOB
  • 100% secure trading environment
  • Extensive education center with video courses, e-books, market reviews, and economic calendars.

Cons

  • Does not allow U.S. traders at this time.

Is Banc De Binary Worth Using?

In our research, we’ve concluded that Banc De Binary is one of the best and most reputable binary option brokers in the industry.  They’ve been around sine 2009 and have over 250,000 traders on their platform.  This broker is regulated, so you can feel confident in knowing that your funds are safe with this company.

Their wide range of assets and expiry times are features that we really like and their $1 minimum trade amount is perfect for beginners.  Overall, Banc De Binary is legitimate and one of the better brokers you can choose.

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