Is Banc de Binary Scam or Reliable?

Banc de Binary is one of the most prestigious trading companies in the world. It was founded in 2009, in Cyprus, and has a certificate from CYSEC. Their platform is highly intuitive, and the broker offers plenty of features and options. We consider it to be a reliable firm, due to its many features and trustworthy services, which we have detailed below. In this review, you will find out that all Banc de Binary scam allegations are not true.

What Is Banc de Binary?

Like I previously mentioned, this company is a reliable broker, being one of the most popular brokers in the world. Being licensed by CYSEC has helped it gain a lot of trust among potential customers. Their services are available all over the globe, except the United States and Australia. The minimum deposit required to open a new account is 250 dollars. In our opinion, based on our research, all the Banc de Binary scam allegations are not real.

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Banc de Binary Account Types

Banc de Binary provides plenty of account types for their clients. Depending on how much you are willing to deposit, you can choose from one of the following memberships:

  • Micro Silver. For this account type, the minimum deposit is 250 dollars, but you can create a standard membership with up to 5,000 dollars. It was specially created for beginner traders. If you want to spend less money and take lower risks, this is the right account for you.
  • Standard Gold. You can open this kind of membership if you place at least 5,001 dollars into your account. This sum can go as high as 35,000 dollars. It is a great choice for those of you who have gained some experience in the trading field.
  • Personal Management. To open this account, you will have to place a minimum of 35,001 for your deposit. If you have a higher level of experience and a trading expertise background, the Personal Management account is the perfect one to choose.
  • Premium account type. This is the exclusivist type of account, being also called the VIP membership. A minimum deposit of 50,000 dollars is required for this account. It was specially designed for full-time trading experts.
  • Islamic account. Even though not all trading companies provide the possibility to create an Islamic account, Banc de Binary offers this chance to its potential clients. It is specially created and customized for their customer from the Islamic countries. This account is based on the Hibah faith.

All clients who have tried these account types state that Banc de Binary scam claims are not true. They declared themselves satisfied with this broker’s services.

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Banc de Binary Demo Account

This trading company offers the possibility to open a practice account. This is a great educational tool, specially created for beginner traders. The demo account’s platform offers the same features and options as the real one. Banc de Binary will fund your account with 50,000 dollars in virtual currency. Even though the money is not real, you can still trade real assets.

To open a demo account, you will be required to deposit a minimum of 250 dollars. If you are not pleased with the way it works, you can always close the account and withdraw your money.

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Banc de Binary Bonus

This broker is well-known for its motivational bonuses and incentives. It offers some of the best perks on the market. Their bonuses can reach up to 100 percent, and most of their clients are eligible to receive one. The first one you will receive is the welcome bonus, which may vary depending on how big your deposit is.

One rule that the company applies to make sure you are not a fraud is asking you to trade a certain amount of money before withdrawing your bonus. This is something that many trading firms do. As you can see, Banc de Binary scam allegations are not real. The firm tries to keep itself far away from all lacks of security.

Banc de Binary Minimum Deposit and Minimum Trade

This firm’s minimum deposit is 250 dollars, while the minimum trade is situated between one and ten dollars. Their initial deposit is one of the lowest you will find on the trading market. This basic deposit comes with a lot of perks such as learning tools, signals, analysis, and plenty of trading assets. If you want and can afford a better account type, the minimum deposit increases. It is 5,001 dollars for the Gold account, and 50,000 dollars for the Premium type. Make sure to read all the information published on their website before choosing one feature or another.

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Banc de Binary Withdrawal

The withdrawal process is an easy and quick one. You can choose from a wide range of possibilities such as credit cards, bank transfers, e-wallets, and more. When it comes to withdrawals, Banc de Binary is a reliable broker that offers safe and secure processes. They will not charge you for a withdrawal, and they process it almost instantly. The broker uses Skrill as their Moneybookers, which is a reputable online transfer platform. You will have to wait two working days before receiving the money into your account. As you can see, Banc de Binary scam allegations are not real.

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Banc de Binary Options Types

Banc de Binary provides plenty of binary options types such as the following:

  • 60 seconds. This is one of the most common trading options, being a short term one. It is great for those who like taking higher risks. 60 seconds option is the best one for trading currencies.
  • Call/Put. It is a classic binary option. You have to predict a certain value of the asset, and choose whether to stop or continue the trade before the expiry time.
  • Pair options. These are more complicated options, and there are not many choices related to them.
  • Special methods. These contain several other binary options types such as One Touch, Long Term, and more.

Banc de Binary App

Because it is such an appreciated and competitive trading firm, Banc de Binary has developed a well-designed mobile app. Now, you can trade and monitor your operations from anywhere you like. It is one of the best trading apps available on the market. The mobile platform is an easy-to-use and convenient alternative to the web-based software. At the moment in which you sign up for an account, you will automatically receive access to this app. It provides all the learning tools you need, and it has the same principles the same as the desktop platform.

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Banc de Binary Complaints

Whenever you want to make a complaint or need to ask a question, feel free to contact the company’s customer service. It is a highly responsive one. The easiest ways to contact them is via e-mail or through their live chat room which is available on their main website. Their help desk is available in plenty of languages such as English, French, Italian, Spanish, German, Japanese, and more. They also have Skype support and a phone number for corporate inquiries.

Is Banc de Binary Legit or Scam?

According to most of their clients, all Banc de Binary scam allegations are not real. This means that the company is totally legit, being regulated by CYSEC. You can feel totally safe when trading assets with this broker. All the firm’s activity is completely secure, and all trades respect the law. The only thing to be careful about is when making bonus withdrawals. To receive a bonus, you will be required to send some documents to verify your identity.

Banc de Binary Pros and Cons

Banc de Binary Advantages

  • Motivational deposit bonuses.
  • Innovative trading platform.
  • Plenty of trading options.
  • Great return on investment.
  • A small minimum investment.

Banc de Binary Disadvantages

Besides the fact that this company doesn’t allow US customers, Banc de Binary is a great trading firm with no important or serious disadvantages, whatsoever.

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Successfully Trading with Banc de Binary

According to most of the Banc de Binary scam reviewers, this company is totally legit, and you can feel safe when trading with them. Also, Banc de Binary provides plenty of features and options. Its trading platform is highly intuitive, and their customer service is one of the best on the market. All these reasons helped this broker to become one of the most popular trading companies in the world.

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