Banc de binary Review

Brokerbanddebinary-logo
Website URLBanc De Binary
Founded2009
Headquartersnvision House, HITCHIN, Herfordshire Herfordshire SG4 0TW United Kingdom
Support Number+44-2034045709
Support TypesNewsletter, Phone, Chat, Email
LanguagesArabic, Chinese, Danish, English, French, Italian, Japanese, Korean, Russian, Spanish, Swedish, Turkish
Trading PlatformSpotOption
MIN deposit250$
Minimum Trade Amount 1$
Free Demo Account NO
RegulationYES
Number of Assets170+
Account Types Bronze, Silver, Gold
Deposit methodsCredit/Debit Cards, Bank Wire, Skrill (MoneyBookers), WebMoney, CashU, AstroPay, YandexMoney
Account Currency AUD , JPY , GBP , NZD , USD , CAD , EUR
US Traders AllowedNO
Overall Score7.2

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Banc de Binary Review

In addition to pros and cons, it could be agreed that Banc De Binary has more cons. The first annoying thing is pop- ups that can disturb somebody from searching what he wants. But there is a good thing about these pop-ups. They have disappeared, eventually due to the fact that many customers have complained about them. This may be considered as a pro of the company. Customers are important to them and they care about their needs so they want their website to be convenient for them. Good variety of options is also one of good sides of the online bank, but all these options are to be explained further in the text.  Talking about the money, there are many benefits, but, if one wants to get them, he can invest a lot of money. Otherwise, Banc De Binary would be pretty inconvenient. There was such thing as a VIP account, but it is replaced by a Lion Premium Account, which benefits cannot be seen on the website. What one can see is that he should invest more than 10, 000 EUR to see the good sides of that account. What is good about Banc De Binary is that it uses Spot Option- easy to use and convenient for experienced and unexperienced people. What should be noticed is that Banc De Binary is a place for someone who invests a lot of money, those with smaller amounts will not be given much benignity.

 

Should I open an account with Banc de Binary?

It is certain that a good research should be done before opening the account since a lot of money is to be invested without being sure of the final profit. Of course there are a lot of pros but as a Gold account is to be opened with the deposit of 10,000 EUR, things shall be clear. Of course, this Gold account is not the only one offered here. It is said that the more you deposit, the more benefits you will have, and that is why we first mentioned the Gold account being the one with the conveniences. The first one offered with 250 EUR deposit is so called Bronze account, and the Silver account follows by with  no less than 2,500 EUR deposit needed. We forgot to mention that 5,000 EUR is needed for the Gold account. Pretty much, do you agree? There was something called VIP account at their website but the same is offered with the standard account at some other places. What’s interesting is the benefits you get if getting a VIP account here. Such things as a personal assistant and similar things tend to be normal.

Complaints on Banc de Binary

Anyone not sure about the safety of the company, can explore it right from their home but here, it is done for you. With the comments regarding this bank, it is a thing that the great deal of them comes from the frustrated customers and those who have not read terms and conditions properly which cannot be taken seriously. The update from 2016’s says that the 100% bonus is available for Gold account users and upwards.

Bonus Offered by Banc de Binary

The thing about Banc De binary Bonus is that not much can be done or found out without Account Executive. The bonus goes up to 100% but it is not as good as it sounds, though. What is the most important is the fact that you cannot withdraw until the required turnover is complete.  Also, the newest update says that a 100% bonus is available only for gold Account owners.

Banc de Binary Money Withdrawal

Taking withdrawal into consideration, there is not good news. The first thing is that one would have to withdraw more than 100 USD/EUR/GBP, he should wait from 5 to 10 days, depending on the way you chose to withdraw your money. Skrill would be the most convenient, because that is the fastest of them all- it will process the money in 7 plus one day only, whereas the other methods will also take 2- 5 additional days. Except Skrill, the possible options for money transfer are credit and debit cards, wire transfer.

Banc de Binary Ratings

User-friendly 8/10

As the pop- ups have disappeared, this website is very user friendly, everything has easy access, which is a very bright side of the website. The bad thing would be that it gets really slow if more pages are being opened at the same time.

Assets 9/10

The stocks offering and many other assets have increased lately, almost all expiry times are available, so one could choose the most suitable for himself. Also, the asset category is added, with 13 pairs. Here one can pit stock vs. another stock, for example.

Commissions, support and effective return 7/10

Even though one would have no charge for depositing money, something will still be paid for bank transfers. The effective return is also satisfying going up to 91%.

Money transfer 7/10

There are several ways to deposit 250 dollars and the payments would come to someone the same way he paid the deposit. As far as bonus is concerned, it is obvious that the Account Executive would decide about it, as well as the required turnover.

Extras 8/10

The good thing is that one is offered a connection to ZuluTrade, a well-known trading platform. Now, it is also possible to change time frames, and candlestick charts are offered via this platform, you are able to follow the most successful traders according to Zulu Trade and profit or loss when they do.

Summary
Review Date
Reviewed Item
Banc de Binary
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