Banc de Binary CEO Laurent Opens Up on Camera

BinaryOptionsNow | Published on November 25, 2012 at 12:59 pm

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BinaryOptionsNow – Banc de Binary, undoubtedly the most well-known SpotOption binary options broker, has now launched a video campaign featuring interviews with its top movers and shakers, including CEO Oren Laurent.

For the first time, Bbinary founder Oren Laurent shares with the public why Banc de Binary was founded and what the future holds for the company. When asked what had inspired him to start the firm, Mr. Laurent said “the simplification of the industry…it helps the client get into the markets at an amazing speed.” Mr. Laurent cited an excellent example of the simplicity of binary options trading by saying “binary options trading is so simple that literally the same actions that you do day to day… are the same actions you can take online.”

Regulation is a sensitive subject in today’s market regarding binary options trading and Oren took the subject head on. “It’s a wonderful thing! Both for the trader and for the company.” He continued to explain that it is beneficial to have a government agency that backs your trading and your funds instead of relying on a company to do so. Soon to be regulated through CySEC, Banc de Binary will have the ability to attain regulation through the other 29 member countries in the European Union. Banc de Binary will be able to “passport” its CySEC regulation to the UK and get regulation through the UK’s FSA. Though critics of binary options trading have often cited the lack of regulation in the industry, Oren Laurent seems confident that once regulated critics will find other reasons to continue criticizing binary options.

The growth of binary options has been astounding, Mr. Laurent said but he did not seem surprised. “We estimate that in the next three to four years binary options will start challenging the traditional forex market.” Banc de Binary is currently looking to expand; with four offices globally they expect by the end of 2013 to have six, he said.

Pure education is hard to find in binary options. Most traders who research binary options can often not find the tools necessary to be successful traders, Laurent lamented. His solution to this is simple: “Our goal is to bring anybody who wishes to trade binary options, educate them from A to Z and move on from that point.” In order to reach these goals, Banc de Binary has written two books on binary trading available on Amazon.com, with another book to be released early 2013.

The outlook for Banc de Binary in 2013 is bright. Oren Laurent’s goal for his company to cross the half a million account mark and he plans to have Banc de Binary regulated by two financial government bodies early in the year. “We will build the confidence to have clients continue trading with us and keeping us as the financial leaders in binary options.”

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