Banc de Binary Trading Platform
Banc de Binary is easily one of the most known brokers in the world when it comes to binary options trading. Banc de Binary was the first broker to get an EU license from Cyprus Securities and Exchange Commission. In Banc de Binary review you can see how they are fully regulated by CySEC under licence number 188/13. They are present on binary market and available in South Africa since 2009. Banc de Binary is owned by BDB Services Ltd. with HQ in Limassol, Cyprus.
More on this broker, read below in our Banc de Binary review.
Banc de Binary General Info
Banc de Binary uses SpotOption as its preferred trading software. They provide user friendly interface and for South African traders it should be simple to navigate through the site. Banc de Binary minimum deposit is $250 with highest return going up to 90%. Minimum investment amount is only $1 while maximum investment $6000. South African traders can place trades in following currencies: European Euro, American Dollar and British Pound. They accept traders from all across the world, including South Africa. Banc de Binary review doesn’t offer trading platform with services to traders in USA.
While reviewing this broker, Banc de Binary is proclaimed as Best Binary Broker by BinaryOptions.org.za!
Banc de Binary Trading Features and Services
For the past 6 years, as we will show in Banc de Binary review, they offer trading services and tools for traders across the globe, including South Africans. Thanks to its wide range of trade options and other features, we are not surprised why Banc de Binary is named as leading broker in binary options industry, present on South African market. During our Banc de Binary review, we were pleasantly surprised how quick customer agent was on live chat and how easy it is to navigate through Banc de Binary trading platform.
Traders from South Africa have on their disposal several different trade options that can be used in trading process with Banc de Binary. These Banc de Binary review trade options are:
- 60 Seconds – this short term trading within 60 seconds is intended for traders who like excitement and for this reason they invest money in 60 Seconds trade option. We can say it is riskier trade than long term because here is present a short span of time and traders should be well informed about situation of particular asset to be sure they will place trade on the right direction.
- Digital Options Pro – with this trade option, South African traders should be able to decide will an option be higher or lower rate than the one it was entered initially. Banc de Binary Digital Options Pro offers traders to choose among a variety of underlying assets and expiry times each 10 minutes of an asset on the platform. Trades can be monitored on the trading platform or on trader’s account.
- Long Term – besides short term trade options, Banc de Binary provides traders with a long term investments in binary options. Traders who are involved in the trading process and read market news regarding particular underlying assets, prefer this type of trade options. Traders can use few available expiry times,offered by Banc de Binary.
- Pairs – Pairs are getting more and more popular in binary options trading. With this option, traders can place 2 different assets against each other and see their performance during trading process. South African traders can trade with stock pairs or currency pairs, depending on what traders prefer as their chosen underlying assets, such as gold and platinum or google and yahoo.
Banc de Binary gives traders a possibility to trade binary options with the following expiration times: 60 seconds, 15 minutes, 30 minutes, 1 hr and 24 hr +.
In Banc de Binary review, we have seen an impressive list of available underlying assets. With more than 200 different assets, Banc de Binary is one of the top binary brokers in the industry if we compare the asset list with other available brokers. The whole list of underlying assets in available on Banc de Binary trading platform. We can sort all these assets in 4 main categories, such as stocks, commodities, currencies and indices.
Very popular trading services, provided by this broker, are mobile trading app and demo account. These services we discovefred during Banc de Binary review. Mobile trading enables traders in South Africa to trade binary options when they are on the go. Mobile platform is excellent way and it is possible because of the technology improvements and is completely compatible with Android and Apple devices. South African traders can use mobile trading platform on their smartphones and tablets.
The second trading tool available for traders in South Africa is demo account. Banc de Binary review provides traders a great place on trading platform where they can trade binary options at no risk. This way, they are allowed to test many strategies and a large list of underlying assets in demo version also. Since there is no trading with real money, risk isn’t present and traders can use demo version of platform to improve skills and later on, be more efficient and successful in binary options trading process.
Banc de Binary provides traders in South Africa with an multilingual trading platform which is an indicator of how this broker pays attention to their traders worldwide. Besides English, South African traders can use platform on Spanish, Russian, French, German, Italian, Portuguese, Dutch and Arabic.
Banc de Binary Trading Accounts
During our Banc de Binary review, we saw there are three available account types for traders worldwide and in South Africa. Account types are clearly stated on Banc de Binary website and each type is well explained, depending on minimum deposit amount and trading features.
Banc de Binary Bronze Account
- minimum deposit $250
- webinars available 2x/month
Banc de Binary Silver Account
- minimum deposit $2500
- trading alerts and webinars 2x/month
- 10 days direct communication with Account Manager
- daily market news
Banc de Binary Gold Account
- minimum deposit $5000+
- trading alerts and webinars 2x/month
- 10 days direct communication with Account Manager
- daily market news
- binary trading signals
- risk free trades
- money management trading plan
Banc de Binary Customer Support
Customer support is combined with security, the main elements of successful binary options trading. In Banc de Binary review, we tried email communication and live chat and are happy to inform our readers from South Africa about provided services. Within just seconds, agent answered our questions regarding binary trading and safety of depositing and withdrawing money. It shouldn’t surprise anyone why this broker is listed as number 1 on our list of best binary brokers in industry. Traders can contact Banc de Binary on email [email protected].
It is also important to emphasize how Banc de Binary review offers traders a great and useful Education Center with multiple trading tutorials, webinars and other mechanisms help that can help traders to be more skilled when trading binary options. Both new traders as well as professional traders can use their educational assistance in the trading process. Free video courses, FAQ, Lion Academy, financial glossary and many more are available for traders worldwide.
Banc de Binary Banking Info
Banc de Binary review showed us they try to provide traders a high security level in trading binary options. They use SSL and PCI protection programs, together with few more, which shows how we are talking about trustworthy binary options broker. For traders to be able to deposit with this broker, they have to register on the platform and choose deposit option by their choice and the minimum amount. Later on, traders will receive message that their account ready for binary options trading.
Traders can make payments with credit cards, bank wire and through e-wallets (Skrill Moneybookers, CashU, QIWI, WebMoney, Yandex.Money etc). E-wallets are becoming very popular in binary options industry de to its simplicity. Money withdrawal is possible within 3 business days. For traders to be eligible to withdraw funds, they have to send Banc de Binary few documents in order to authenticate identity and prevent possible fraud with personal data. Documents, such as photo ID, copy of address and credit card should be sent to them. Another great advantage that Banc de Binary offers traders in South Africa is that no fee is charged when withdrawing funds, which is excellent news.
