• YEAR OF FOUNDATION: 2009
  • HEADQUATERS: Cyprus
  • LANGUAGES: English, German...
  • SUPPORT: E-Mail, Live Chat, Hotline
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Banc de Binary Review

 

Banc de Binary is probably one of the most known brokers for binary options on the internet. Founded in 2008, today Banc de Binary offers its 250,000 customers an easy and fast trading solution and thus the access to the financial markets in the world. The broker operates worldwide in over 80 countries. The trading platform supports both English, German, and French. Banc de Binary is regulated through the Cypriot CySEC. Banc de Binary has been featured as the best broker several times and has won a large number of customer satisfaction awards.

Banc de Binary’s top 5:

  • One of the highest maximum yield of 91% is possible
  • The smallest trading unit is 1 euro
  • 100% bonus for new customers
  • Extensive educational material, introduction, tips and tricks and current market information
  • Free demo account in parallel with a real money account

Tradable products

Banc de Binary offers a variety of base values. Over 100 assets from different classes are alone tradable. Classes like shares, indices, currency pairs or commodities.

Bank de Binary provides different types of trading:

  • Simple digital options
  • Currency pairs
  • One-touch options
  • 60 seconds options
  • Option builder – to create your own options (determining the risk and yield yourself)

Banc de Binary Special functions

Option builder - to create your own options (determining the risk and yield yourself) Generated with the option builder, one is in a position to generate his own options. One determines the yield and risk himself. A special function which is meanwhile offered by many brokers. However, it is not standard. The function is interesting because one decides on the risk and yield himself and thus, also on the possible repayments up to 15%.

Trading platform & software, usability, appearance and security

The trading platform has been developed together with the industry experts. Attention was paid to the easy look and feel. No bells and whistles. Clear elements, logical and simple functions and all which is important at a glance. This is Banc de Binary. This is topped off with your own app – the mobile trading app of Banc de Binary.

Durations

The offered durations for options by Banc de Binary range from 50 seconds up to a month. In this way, one can for example, tap on that where the Dow Jones is on a particular date, but also where the euro is located in the next 60 seconds.

Trading conditions, hedging and maximum yields

The maximum yield with Banc de Binary lies between 65% to a maximum of 91%, depending on the type of trade. However, one must add that the 91% represents an absolute peak. On an average, our tests resulted in yields between 70% and 80%. The maximum losses per trade can mean between 85% till 100% of the capital employed. For this reason, repayment rates are possible between 0 and 15%– depending on the chosen hedge. The offer to underlying base values, ranges from shares, commodities to indices. In total, Banc de Binary offers a total of around 80 base values. In addition, currency pairs (link glossary) can also be speculated on. A feature which not every broker offers.


The right thrill provides one-touch (link) – with the 60 seconds trade. The duration of an option here, takes exactly 60 seconds. The option builder offered by Banc de Binary offers an individual configurator for binary options. Here, one can build options himself. One determines himself, how high the risk and yield should be.

Banc de Binary Bonus for new customers

With Banc de Binary one receives a bonus amounting to 100%. However, the prerequisite is the opening of the so called “standard” account. Again, this requires a deposit of 2,500 euro. With the deposit of more than 5,000, apart from his 100%, one still gains access to special market analyses of the company’s own internal analyst team.

Banc de Binary Demo account

Besides the opening of a customer account, with Banc de Binary one has the opportunity to keep a demo account. We want to entrust this to every customer. At the beginning, it is important to test certain trade patterns and strategies, extensively.

Banc de Binary Payment, security and support

The support, deposits and payments are absolutely outstanding. This is also underlined by the numerous awards which Banc de Binary won in recent years. In our tests, what the broker promises proves to be true. What is negative is only the absence of a German speaking support. With questions concerning the trading platform, one can contact Banc de Binary via telephone, email and live chat. The employees are very friendly and are also willing to help – however only in English and not in German. The hotline was reached very quickly. Our emails were answered within a few hours.