UPDATE: The broker has been shut down and no longer function. Here is a better alternative >>> IQ Option Broker Review

Basic Information on the broker

  • Address – 4 Profiti Ilia Street, Kanika International Business Centre, Office 401, Germasogeia, Limassol, Cyprus.
  • Licensed – Yes
  • Software – SpotOption
  • Available since – 2009
  • Minimum deposit – $250
  • Minimum investment
  • Maximum Returns –  Up to 85%
  • Mobile – Available
  • Demo account – Available
  • Assets – Currencies (Forex), Indices, Stock, Commodities

Assetmagnate Rating: 

Trading Platform

Banc de Binary uses the spot option trading platform which is a user-friendly trading platform, and it is very suitable for both beginners and experts. The trading platform is also available for mobile phones, and the mobile app can be downloaded from the iOS and Android stores respectively.Banc de Binary Trading Platform

 

The binary options types on the platform include; High / Low, One Touch, Option Builder, Meta Charts, Ladder Options.

There is also a demo trading account available for users which is an essential feature of any trading platform, as traders can test strategies without having to risk their actual capital.

Banc de Binary Deposit & Withdrawal

Banc de Binary offers their customer a lot of deposit and withdrawal options making transactions very easy for their users. The deposits and withdrawal methods include; Visa, Mastercard, Amex, Bank Wire, Skrill Moneybookers, iDeal, Diners Club, Maestro, Carte Bleue.

Is Banc de Binary a scam?

Answering this question doesn’t have a specific answer because Banc De Binary had a lot of issues with the US authorities which is now in the past. Although they gained FCA regulation and achieved CySec regulation.

Pros:

  • Good variety of options
  • Excellent returns
  • Interface user-friendly
  • Small minimum investment

Cons:

  • US Traders not allowed

Conclusion

Bank De Binary is a good broker and is safe to use. Although they had a lot of issues with the which has been cleared.

UPDATE: The broker has been shut down and no longer function. Here is a better alternative >>> IQ Option Broker Review