Banc de Binary Broker Review

Binary Options Broker Review: Banc de Binary

Binary options trading is a growing industry, one with plenty of binary options brokers for virtually any type of option trader in the market today. From advanced binary options platforms to easier to use platforms that cater to beginners, binary options trading is easier now than ever before.

Banc de Binary is one of the more established binary options brokers in the market. Established in 2009, Banc de Binary claims to offer professional trading services provided by a team of experienced traders, investors, and financial analysts. We will cover the features that this binary options website offers to the average option trader and discuss how well it handles anything from stock options to forex options and beyond.

Overview

Created in 2009, Banc de Binary is headquartered in New York City on Wall Street and claims to operate in over 80 countries globally. It runs its own proprietary binary options trading platform that we have found to be very user-friendly, intuitive, and accessible to the standard option trader. Banc de Binary also offers the following assets for trade:

Forex options: EUR/USD, GBP/USD, USD/JPY, USD/CAD, EUR/JPY, EUR/GBP, USD/TRY, USD/BRL, USD/RUB, USD/EGP, AUD/USD, USD/SGD, USD/ZAR

Stock options: Citigroup, Microsoft, Apple, Nike, Gazprom, BP, Google, Lukoil, Coca-Cola, HSBC Holdings, Rolls Royce, BAE Systems, Reuters, Tata Motors, Turkcell, France Telecom, Barclays, BNP Paribas, Sberbank

Commodity options: Oil, platinum, silver, gold, sugar

Index options: Dow Jones, S&P 500, NASDAQ, DAX, CAC, FTSE 100, ISE 30, MICEX 10, RTS, MSM 30, Tadawul, EGX 30, DSM20, Kuwait General Index, Bombay SE, Hang Seng, SSE180, S&P futures, NASDAQ futures, Straits Times

As you can see, the binary options up for grabs are quite enticing. Banc de Binary offers plenty of choices, and their asset index is one of the best in the business – especially if you are looking for some pretty obscure options.

Creating an Account

Creating an account is very simple; all you need to begin is your name, email address, and telephone number. You can choose between EUR and USD for your currency of choice.
Payouts and Commissions

Banc de Binary does not charge commission. The maximum payout is 88%, and the refund for out-of-the-money trades is 15%, above average for the industry.

Unique Features

One of our favorite features on Banc de Binary is the Option Builder feature. With this tool, you can basically select your asset, expiry time, return, and investment amount. These will be standard options. You can also go with One Touch options on their platform.

Banc de Binary will also give you a list of most traded assets, so you can see what is popular and trending for the day with traders.

Customer Service

Banc de Binary offers one of the better customer service support systems in the market. The representative we spoke with was courteous, knowledgeable, and prompt. They offer a software walkthrough, online support ticket system, call back services, and an online chat system.

Conclusion

All in all, Banc de Binary became popular because it is user-friendly, capable, and reliable. It is clear that this broker is one of the best in the business, although it could benefit from a few of the newer trading methods and a better integration of charts and graphs into the trading platform.