Banc De Binary Review
Banc De Binary is one of the leading brokers in binary options trading. In 2009, Oren Laurent founded Banc De Binary Ltd and set out to provide the best customer service and binary options trading system. It seems Oren’s standards have been law at Banc De Binary. They have twice been awarded the IAIR award for Excellence in Binary Options Trading, along with many other awards.
Banc De Binary is owned by Banc De Binary Ltd, and their headquarters is in Cyprus. In 2013, Banc De Binary was given a license by the Cyprus Financial Regulator, CySEC.
Using the quite popular Spot Option trading platform, traders have many variables they can use when trading in stocks, commodities, Forex pairs or indices. Investors can gain up to 90% returns in short term or long term, ladder, one touch or no touch options.
Investors who desire to get adapted with the Banc De Binary trading system can use a no risk demo account to get started. Banc De Binary also has a plethora of binary options educational material that can help give you an edge on trading in binary options.
The fact is: Banc De Binary cares about their clients. It is evident in the exceptional customer service, and the transparency they show. There is good reason that Banc De Binary has rated tops in binary options brokers, but sorry United States traders, Banc De Binary cannot accept you at this time because of regulations.
Banc De Binary Deposit Terms & Conditions
The minimum deposit you can make at Banc De Binary is $250. While deposit conditions are quite minimal, they do have to follow the Anti-Money Laundering regulations. This means that you should be prepared to send Banc De Binary a photocopy of your valid photo identification, a copy of a recent bank statement or utility bill with your name and address on it and a copy of the credit card used to deposit with. For your protection, all the numbers except the last 4 can be masked out, and the security code on the back can also be masked.
Bonus Terms & Conditions
With any bonus you receive from Banc De Binary, there are certain terms you must meet before you can withdraw said funds. The bonus terms with the binary options broker are: you must trade a volume that equals or exceeds 20 times the bonus you received plus your deposit. So, if you deposited $500 and received a $100 bonus, you would have to make trades in the volume of $12,000.
It is wise to consider this closely before accepting any bonuses. While Banc De Binary offers some wonderful bonuses, the terms can be high and keep you from withdrawing when you want to.
Withdrawal Terms & Conditions
As long as your account has been verified by sending Banc De Binary the documents outlined in the AML policies, withdrawals are no issue. The minimum withdrawal amount is $50. All that needs to be done is send a withdrawal request. Banc De Binary will verify you meet any bonus trading requirements, and if all passes, they will promptly process your withdrawal, and within just a few business days, the proceeds will be deposited it the same account you used to deposit into Banc De Binary.