Ask any insider and they’ll tell you that Banc De Binary’s platform is one of the oldest and most reputable in the binary industry (and we in Canada say “aye!”). They were founded back in 2009 after the recession to offer simple trading solutions to cautious investors, and are now widely known for being the first binary options specialists to become regulated, and for all the educational tools that they offer to new clients.
This firm has an impressive following of loyal traders from around the globe. So we wanted to take a better look at what exactly they offer and whether they really live up to all the hype.
Banc De Binary Trading Platform
The binary trading platform is beautifully designed and very simple to use. They actually gave it a makeover and redesign about a year ago now, and made changes based on client feedback. So the new version is really user friendly. The basic binary options tab, shown here, gives you a choice of around 190 tradable assets and a variety of timeframes. You pick your asset and your chosen timeframe, and choose any amount to invest, then hit CALL or PUT depending on whether you predict the asset will rise or fall in the set time. You will win around 70 – 80% profit on every winning trade.
Beginners should stick to this tab as it’s definitely the simplest, but once you are more comfortable trading, have a go profiting with the other tabs and experiment with the 60 second and long term expiry options – these are really worth a try for different market conditions.
Banc De Binary Educational Tools
As we said up top, the educational support that this broker offers is definitely one of its strand-out points. Check out its free blog with daily updates and trading news, and you’ll also get a sneak peek into behind the scenes life at this company. There are also weekly YouTube videos and email alerts sent to clients with all the hottest trends and analysis. This is really helpful for people who are trading only part-time and want someone else to do the research for you about the big market events. Banc De Binary have licensed analysts who also distribute live signals, investment research, and give one-to-one lessons to the bigger clients. You might not get that level of personal attention if you just open a small account, but it’s still worth asking what you are entitled to – the analysts often host live trading webinars with open question and answer session which all clients are welcome to attend for free.
Banc De Binary Accounts and Banking
To create an account with this firm, you will need to deposit a minimum of 250 US dollars, pound sterling, or euros. That will give you a basic bronze tier account, but as we said earlier, the higher value accounts come with extra perks such as personal tuition and trading signals. It is possible to fund your trading account with a credit or debit card, or via bank wire transfer, or you can opt for a number of online payment wallets. It’s all totally secure and done with the latest encryption software to protect your personal data so no worries there.
Banc De Binary recently introduced a loyalty gift store so that’s worth asking about it you are funding your account with a large sum, or if you are an existing client funding your account for a second or third time. All the money in your account is owned by you so you can trade with it and withdraw your balance and winnings at any time you like. Deposits and withdrawals are quick and efficient.