KPFL Review: Banc De binary Options Broker

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Banc De Binary Options brokerage 

   

Banc De Binary has had a checkered past but it may be the top Broker at the Moment. At least for European traders that is.!!

BDB (Banc De Binary) is among the first binary Option broker firms ,possibly the  largest and some say the best broker on the market today, you just have to look past the negative Financial headlines .

BDB’s (Banc De Binary) past troubles comes down to trader regulation. Binary options regulation is a complex and tricky subject, some would also say that it wasn't  BDB fault that it overstepped the boundaries, so long as it was not done with malicious intent. You yourself will have to be the judge of that, as for everything else, BDB is a good broker and one that I  use to trade with as part of my trading strategy. Unfortunately U.S. citizens can’t use BDB. which to me is a shame, however you cant get around that issue by using a Non-US address (which has to be verified) so that nothing illegal can be used against BDB. 

  What’s The Deal? 

As part of its move to establish itself as a recognized and respectable financial services company it was the first to jump on the CySEC bandwagon. BDB became CySEC regulated and then went on to say which it should have waited for ,inappropriately stated, that it was seeking CFTC regulation. Whether or not that is true is a matter of opinion. However how I  think is irreverent  but regardless to say, the CFTC did cracked down on BDB pretty hard. The CFTC doesn't like off-shore binary options brokers as it is outside the jurisdiction of the CFCT itself . This crackdown led to mentions of a lawsuit, but I have to think that may still be a threat there time will tell.
  The last reports of that possibility were in the summer of 2013, since then the BDB  has taken great steps to cut itself off from the U.S. trading market. Through all of this you must not forget that BDB are the leading CySEC broker, and I say market leader because not only did it get CySEC regulated, it then took use of the Financial Passport to register with nearly every other country in the EU, which to be honest was a gutsy move from BDB.

Banc De Binary Has A Great Platform

As I have already established it is the top regulated (EU) binary options broker at the moment. This ensures that your deposits are safely held in third party clearing houses, and are also protected up to limit under the EU Investors Compensation Fund. This is a big bonus over other, unregulated brokers as this a secured compensation fund so your deposits are safe.

After that what is so great?  

BDB is a Spot-Option based trading broker and a large one at that, which means that it comes with all the features available. This  broker has the most extensive asset list available with all assets available during normal market hours. This means that when the DAX or the NASDAQ, ASX , or the Asia markets are open and you want to trade you can. There are over 100 of stocks listed, and even more on the actual platform. That goes for the indices, Forex and commodities too. There are nearly 30 international indices, over two dozen Forex pairs including Bit-coin and about a dozen of the worlds heavily traded hard and soft commodities including wheat, corn, cotton and sugar, so there are plenty or options to choice from. The thing I like about Spot-Option brokers and BDB in particular is the expiry times. This broker has one of the  best expiry times on their platform available of any binary broker I can think of and there are only a few I would match against BDB. There are of course 60 Seconds options but there are also several intra-day expiry’s, end of day, end of tomorrow, end of the week, end of the month, end of next month and on out to the end of the year on some assets. Of course, you won’t find every expiry available for every asset but there are plenty of choices for each option available . The good thing about  BDB is that they has such a large trader base it can offer more assets and more expiry times. The most heavily traded assets such as the EUR/USD, USD/JPY and others are where you will find the most expiry’s. Regardless of which asset you trade there will be an expiry to suit your style.

Available options include

• Call/Put,
• Long Term,
• 60 Second,
• Option Builder,
• One Touch and Pairs.

The Call/Put is the standard binary options trade also known as high/low or over/under. The Long Term options are where you will find call/put options with the longest expiry times right  out to a year long. 60 Second is self explanator, options that expire in 60 seconds. Option-Builder is a feature popularized by BDB and Spot-Option, it allows you to pick and choose from several different risk/reward levels for call/put trades. Pairs is a newer feature that matches two companies of like business or other pairs of assets in a form similar to Forex trading. You can make your trades based on which will be stronger. Deposits and Withdrawals

Depositing is easy, but so is withdrawing. I recommend using an online wallet such as Skrill or Money-Booker's as they offer the quickest withdrawals possible, but you can also use credit cards, debit cards or wire transfers (I use my credit card myself). Minimum deposit is $250 and there is a bonus available to new customers usually it based upon the initial deposit which is usually  between 20%-100%. It is not automatic,  So be sure to ask your Broker account representative about the deposit bonus. Bonuses come with trade minimums, not unexpected, but you are able to begin making withdrawals before it is met under certain conditions.This is another bonus of EU regulation. Accounts can be denominated in a variety of major currencies including EUR,GBP, AUD and USD which I think is funny when considering that the US wont allow BDB into the country (now that's a contradiction in terms). In order to make a withdrawal you will need to complete the ID process which I suggest you begin as soon as possible, or before you make your first deposit. Because of CySEC and EU regulations, withdrawals must be quick and easy. There is a short 2-3 day processing period and then withdrawals will be in your account as soon as your method allows. Credit Card and wire transfers may take up to 2 weeks but it is getting quicker these day's, withdrawals to Skrill or another e-wallet's should be much quicker and could even clear in as little as 48 hours. There are also no fees for withdrawals, a pleasant bonus for all traders. Blanc DE Binary also have a series of Training Videos to help the beginner and more advanced Trader with in dept analysis and up to date Market data to help guild Option traders to successful trades. they include the following video link where you can check out the training videos for yourself. https://bancdebinary.com/education-centre

Awards Received

Banc De Binary is extremely proud to have received the awards below. From recognition by World Finance to our awards for the best binary platform and customer service, these achievements are testament to the exceptional work of all our staff. We thank them for their commitment to providing customers with best trading experience possible.

• EXCELLENCE IN BINARY OPTION TRADING

         “This award is for Global leadership in binary option trading. Thanks to the hard work of the              entire company, Banc De Binary has helped to make binary options accessible to a mass                      market and it was transparent enough to attract complete novices to the world of trading.”                  IAIR Judging Panel

• PLATFORM OF THE YEAR

•  “Banc De Binary has excelled in every aspect of binary options trading, support, community involvement and ensuring customer satisfaction. With these honorable traits which surpass all other brokers, we honor them with the Platform of the Year award.” Binary Options Daily

• WORLD FINANCE 2013

           

•  “Banc De Binary is very privileged to have received a World Finance award for the second year running. On behalf of all our brokers and customers, thank you for the recognition of our continued hard work and successes.” Sophie May, Head of Investor Relations, Banc De Binary

• 5 STAR CUSTOMER SERVICE

          

•  “We asked Banc De Binary customers who have used our 24/7 support service to rate it, and couldn’t wish for more positive feedback! Thank you for your vote of confidence. We will continue to do our very best to help you with all your queries.” Sarah Hayes, Head of Customer Relations, Banc De Binary

• BEST BINARY OPTIONS BROKER IN THE MIDDLE EAST 2013

      

•  “Banc De Binary is a top-notch binary options broker. This award is to celebrate the hard work and dedication of the company.” JFEX Judging Panel

• BEST CUSTOMER SERVICE 

       

• “One of the more professional companies out there, Banc De Binary takes their customer support service very seriously. With an established company like Banc De Binary, you can feel safer that they will still be around tomorrow to service your business.” FX Empire

• BEST BINARY OPTIONS CUSTOMER SERVICE 2012 

         

• “Banc De Binary takes pride in its world class customer service and support. Software walk throughs, 24/7 live chat, email, and telephone support are just some of the few ways that the staff ensures that you have a pleasurable experience. Customer testimonials attest to the staff’s commitment to excellence.” Forex-Traders

• BOL BEST BROKER EUROPE GOLD 

       

• “We are very happy to award Banc De Binary with the Binary Options Leader Awards 2013 – Gold Award for Best European Broker. Our main criteria was the customers’ satisfaction of the service and trading experience provided, and so this prize shows how highly regarded Banc De Binary is.” Binary Options Leaders  

• BOS BEST PLATFORM GOLD 

         

• “Banc De Binary highly deserves the Binary Option Strategy Awards 2013 – Gold Award for Best Platform. We commend them for their efforts in offering customers the best and most user friendly trading platform available, with an impressive number of trading assets.” Binary Options Strategy

• MOST SECURE BINARY BROKER 

          

• “Banc De Binary takes this award, Most Secure Binary Broker, for the second year in a row. Several other brokers that we reviewed failed to even respond to major issues that were identified. I am confident in saying that you can feel safe knowing your money and account details are secure at Banc De Binary” Ryan Masten, Moat and Bailey

• BROKER OF THE YEAR

          

• “Niko Galis from Banc De Binary has proven himself not only as a top performing Broker but has also as a specialist analyzing and dominating in any market condition. His knowledge is second to none and he keeps you and your money well invested. We honor him with the Broker of the year award.” Binary Options Daily

• BEST CUSTOMER SERVICE 2011 

             

• “Banc De Binary’s customer service far exceeds industry standards, a reflection of the quality of their platform and services as a whole. As well as being quick to respond 24/7 as they promise, the staff were all polite, helpful, and extremely knowledgeable. This is undoubtedly the most professional binary options trading company around.” Forex News Now

 My last thoughts on BDB. That Banc De Binary is a good broker, one of the better Trading platforms Systems around, The customer service is excellent ,  the policies and processes for deposit and withdrawals are excellent as for the International barriers they have with the USA I really don't know why the US have a "bee in they bonnet" with regards to BDB so in regards to EU residents and Non EU residents as well My recommendations for BDB are 4.8 stars out of 5 stars. I base these on the following criteria. (oh by the way They are one of my Brokers sorry didn't I mention that earlier)

1. Access to platform and services
2. Polices and processes with deposits and Withdrawns
3. Customer service and Account Manager service.

 

Rating: 4.8/5 

Banc De Binary, 4.8. out of 5 based on my own ratings So that's my review of Blanc DE binary I do use them as a broker, as part of my trading strategy and make no claim as to the financial decisions made or assumed by this review with regards to other traders using this review and concerning any trades made from this review article. Please refer to the privacy policy on this  Website to any disclaimers and legal representation made.




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