|Broker||Banc De Binary|
|Whats hot:||Whats not so hot:|
|Super Fast Signup Process||Charting Could Be Better|
|Trade with $1 Minimums||Traders from the US Not Allowed|
|Deposit Demo Account Available||Less Aamount of Assets to Trade|
|Fast Customer Service Response||Payouts Could Be Stronger|
Banc De Binary offers traders access from over 80 countries from all over the world. This broker is one of the most competitive sites thanks to its huge global reach. They have a unique approach to trading that is built around simplicity and security. You can trust this site to handle your money well as it is run by experienced financial professionals. You can get help or customer service assistance 24 hours per day, seven days per week here.
Getting to Know Bancdebinary.com
This broker has a huge selection of assets for you to choose from, including the possible chance for clients to recommend that some of their favorite assets be added upon request if Banc de Binary doesn’t already carry it. You can trade the traditional call and put options here, along with one touch and 60 second binary options. There are also some great tools for expert traders to use such as the Option Builder which lets you fully customize your trading experience by letting you specifically choose your asset, the direction you think it will go in, and which expiration time you wish to choose. This site also boasts the BinaryMETA feature which allows traders to see an accurate price chart of the asset prior to executing a trade.
What Kind of Payouts Can You Expect?
Bank de Binary payouts are fairly competitive amongst the major binary options brokers. They average out at about 75 percent returns on most traditional call and put currency pairs. Commodities and stocks tend to be at around 72 percent. 60 second binary options tend to be a bit lower at 70 percent return on your initial investment. If you want to trade one touch options, the rate of return will be pretty similar. You can also trade for as little as $10 per investment.
Are You Ready to Open an Account?
Opening an account with Bank de Binary is really easy. Because it is based in the United States, you will need to enter your personal information when you open your trading account, but all you need is your name and address, a valid email address, and a screen name that you wish to use. You then select a password to protect your account. Once you do these things, you are pretty much done except for funding the account. You can add money to your account with a major credit card, a wire transfer, or the online wallet, MoneyBookers.
If you have a large initial deposit, remember that you might be eligible for an added bonus to your account. If you open a Standard Account or larger, you will get a 100 percent matching bonus added to your trading account. A Standard Account minimum initial deposit is $2,501, but you can open a smaller account with as little as $250 for a Micro Account. It’s recommended that you open a larger account so you can take advantage of the price matching bonus. A larger account also protects you from the steep learning curve that is often associated with binary options trading. Remember to request a binary trading demo account from Bbinary.com.
A Top Trading Platform
Banc de Binary offers a very easy to use web based trading platform. Once you are on the site, you simply click on the “Trading Platform” button and you are taken to the screen that you will trade from. You will see a list of assets and a couple buttons for choosing call or put options. The rate of return will also be listed obviously on this page. Once you choose whether you want the price to go up or down, you can type in the amount you want to risk. It’s that easy. On the main trading page, you will also see how much time you have left before the trades will be closed and how much time is left before the expiry.
Remember, Bank De Binary uses the Spot Option back-end to handle all their trades. SpotOption is probably the most widely used platform in the binary options business.
Other Important Information
One of the biggest features that separates Banc de Binary from its competition is the fact that it offers demo trading accounts. These are limited in that you cannot trade with a demo account for very long, but it is a great feature that allows you to practice your trading in a risk free environment. Binary option demo trading is a must for all new traders and should be utilized by experienced traders, too, in order to help them learn the trading platform that they will be using. Upon getting a demo account, you will be given $50,000 in fake money to trade with which you can trade for a limited time.
In order to open a Banc de Binary demo trading account, you need to deposit $250 into your account. You will not use this money at all while demo trading, and you if you do not like Bank de Binary you can withdraw your money a few days later without any loss.
The Banc de Binary broker site is one of the best out there. Whether you are new to binary options or you have years of experience under your belt, this site has something for everyone. Taking advantage of their bonus structure can also help you grow your money much more quickly than you might be able to with other brokers.Open a Free Banc De Binary Account