Bank de BinaryAlready, just from the name of the broker, it becomes clear what exactly this company offers. Namely, “all or nothing”. After all binary options at an agreed time provide a fixed amount of income or give you nothing and this is the method that Bank de Binary gives to you, the straight way. Your cooperation with Bank de binary will allow you to know exactly what size of benefits and possible risks there will be before conclusion of your contract, which provides any trader the ability to manage a large number of transactions simply and easily.
Within the European Union, the company is controlled by the Cyprus Securities Exchange Commission (CySEC). Banc De Binary, provider of the SpotOption platform, became the first company to fully comply with the CySEC. Banc De Binary is also regulated by ImFIB, which has some protection under the agreements of the ICF (Investor Compensation Fund). This regulatory network allows Banc De Binary to work within EU countries under the framework of the documentation of the European Economic Area.
Why Trade at Bank de binary
Most reviews concerning Banc de Binary are positive and come from a strong cross section of professional traders as well as from trading beginners.
The Wall Street Journal described the Banc de Binary site as an innovative product that allows people to trade against the price of gold, oil or shares. In point of fact, the Banc de Binary platform has a wide range of sizes for individual transactions that can be made: from between a $1 minimum and a $6,000 maximum.
There is also a wide range of tools that can be sold with shares being among them. The choice that is given to the client covers around 40 different types of stocks, including top end companies such as Apple, Amazon, and Coca-Cola. Traders are offered a choice from about 20 different indexes. A certain number of individual products are also available for trading, including coffee, gold, oil, corn and wheat. In addition, dozens of currency pairs are also available, including the USD / JPY and EUR / USD combinations. So the question really is: what kind of advantages, offered by the Banc de Binary platform, will you be able to most appreciate when trading? Well, primarily the long and short answer is that they are considered one of the most reliable brokers around that come complete with a large number of licenses. Secondary to this you will find a highly detailed training system, the ability to connect to the duplication system for successful transactions and some rather strong analytics.
One of the strongest features of Banc De Binary is a compilation of several types of contracts under which customers can earn a potential income:
Binary Options. Using this system a trader simply needs to determine whether the price will be above or below the current level at the time of expiration.
Couples. This type of contract offers the trader a determination over two underlying assets and whether they will be trading positively at the time of expiration.
Long term. Is the same as the classic binary option with an expiration term of up to one year.
Sixty seconds. A classic binary option with an expiration term of 60 seconds.
Trading Platforms and Features
In this increasingly mobile modern world traders often seek to find an application that can be used on the go as good trading options are rarely available when a person is. With this in mind, Banc de Binary offers a mobile trading application that can be used with multiple devices, across smart phones and tablet ranges, with access to the Internet. This allows users to trade binary options almost everywhere and anywhere.
If you just try your hand as a trader, using the Bank de Binary demo, you will soon appreciate the opportunities open to you from freeform access. Under the conditions of the demo customers can get up to $50,000 for “practical practice” trading before investing any of their own funds in the market.
You will be pleasantly surprised by the choice of banking methods. When depositing funds into an account, traders are offered the choice of method that they find most convenient including: bank transfers and credit cards, AlertPay or Skrill (formerly known as MoneyBookers).
If you encounter any difficulties in the process for a withdrawal of funds, do not hesitate to contact their specialists for assistance. Furthermore, like most trading option sites, do not worry if your accrued funds is credited to your account immediately, usually it takes about two days to be checked by agencies and processed.
Also, when you make your first withdrawal, keep in mind that the procedure for checking account information will be used by the company to prevent fraud and falsification. So, it may take a little longer.
Bonuses and New Customer Promotions
Banc de Binary offers interesting bonus programs aimed at stimulating growth in the number of commercial transactions. There are five categories of accounts under which traders may operate: a Bronze Account, Micro Silver, Standard Gold, Personal Broker Reserved and VIP Lions Club.
The more money you have deposited, the more benefits you get. The Micro Silver account (from deposits up to $2,500) is the standard trading account which comes with all the basic and necessary functions. If you have deposited $2501 or more into your account the amount, you will be upgraded to their Gold account which comes with 100% bonuses and more. With a deposit of $5000 you will get access to the training and teaching center and to the personal VIP-manager system. In general, a transfer of over $2500 into your account is the minimum requirement to receive special bonuses and VIP-status.
Payments are in the amount of 79% for profitable options and 15% for losing ones, which in the world of trading is considered a sufficiently generous offer. Most reviews concerning Banc de Binary are positive and come from a strong cross section of professional traders as well as from trading beginners. charges a low 2.5% on the balance of the account of the trader, which makes this broker even more attractive.
Banc de Binary has many positive characteristics making it a very inviting platform. The company eagerly encourages its customers and offers special terms providing bonuses from 50% on a first deposit. For further details, be sure to read their terms and conditions before accepting.
If you have already worked on other platforms, you may note the convenience of the Bank de Binary. Nothing distracts you from the process of trading. There is no superfluous advertising or extra elements; everything looks straight, succinct and stylish.
To further support you there is a rich wealth of materials about trading within their information structure. If you are a beginner, Banc de Binary offers various kinds of training, both theoretical and practical knowledge. You can find useful articles on the subject of trading in the financial markets and videos that highlight the main aspects of trading. You may also find information about the various strategies and the psychology of trading with Banc de Binary.
Experienced users will appreciate the analytical materials. In this regard the broker is far ahead of other companies offering available daily reviews in easy to access video format. This allows you to keep abreast and to be aware of the latest developments in the markets.