Banc De Binary Review
In the last few years binary options have become an increasingly popular form of investment. However, it may surprise you to realize that this type of trading has been conducted for several decades! Trades were initially done over the counter in financial institutes, however, thanks to the remarkably high number of unscrupulous traders, governments started to bring in legislation to ensure brokers operated fairly.
In the first ten years of the twenty first century access to the internet became the norm; suddenly there were a lot more people able to access this type of service. It was at this point that the Cypriot government saw the potential in binary trading and created a set of regulations which all traders would need to operate by. Cyprus formed the CySEC to control and monitor the various brokers; its financial controls were created in adherence to general European finance guidelines.
Banc De Binary is seen as the first company to voluntarily register with CySEC, they have been operating as a broker for seven years, longer than any other business. During this time they have worked hard to ensure the interests of their customers are looked after and have built themselves a reputation as one of the best options brokers in the world.
The firm offers potential returns of ninety percent and requests an industry standard initial deposit of $250 before it is possible to start trading. Once registered a trade can be completed for as little as one dollar!
Will match welcome bonus
Wide selection of trading options
High rate of return on investments
Site is extremely easy to use
Very low amount needed to start trading; making it easier to try this type of investing
Residents of the United States cannot use this broker.
The firm offers an impressive array of options in their website, these will guide you into purchasing the right trades, although you cannot rely entirely on the tools they make available; you must understand the market and what you are doing before you invest any funds. The website is incredibly well laid out, a result of years of small improvements completed in conjunction with their customers.
Banc De Binary also offers a mobile version of their site. This enables any trader to access their current trades and view potential new ones. It is possible to access this site from a smartphone or tablet; ensuring you are always able to trade, regardless if where or what you are doing.
Almost every investor now offers a range of bonuses; this is simply part of the competitiveness of the industry. This company has a welcome offer which includes matching your initial deposit; up to a predetermined limit. In effect you can increase your profit before you make your first trade, although there are strict rules in place regarding when you are able to withdraw any bonus funds.
It is also possible to acquire additional funds by introducing a friend. For every person you introduce, who sets up and deposits in an account, you will receive a set amount of funds to invest with.
There are a range of other bonuses which can be earned but many of these are surprise ones; you may not even know you are eligible for one until you receive it.
If you correctly predict a trade you will gain an amount agreed upon at the start of the trade. This means you will always know your potential profit and loss. Banc De Binary actually promises some very high rates of return; in the nineties. This is exceptionally good for any binary broker. These rates are available whether your trade is worth $1, or, the maximum amount you can invest of $6,000.
As with most brokers in this industry there are several different account types to choose from. Your account choice is controlled by the amount of funds you are prepared to place, beginners will wish to limit their deposit to the lower end of the scale, (below five thousand dollars),this will qualify them for the micro silver account.
At the other end of the scale is the Premium account which is designed for those with plenty of experience and who are able to deposit in excess of fifty thousand dollars.
All the accounts benefit from some additional extras, this may include assistance with placing trades or even market analysis. Banc De Binary is also unique in that it offers an account specifically designed for anyone living by the Islamic faith. It is also possible to use one or several of the tools available in the website. These are designed to help you understand the basics and progress to become a professional investor; even those with huge amounts of experience will be able to benefit from these techniques. Training can be completed through video or written articles and is generally greatly assisted by the demo account offered to all Banc de Binary customers. The demo account is an excellent way for you to start trading, learn new techniques or simply ensure you are comfortable with the software.
The firm offers over two hundred different types of trade possibilities, whether you wish to start with currencies and dabble in commodities or simply stick to stock options. These assets can be traded in a multitude of countries around the world.
Alongside this there is an impressive array of options regarding which type of trade you would like to place. Beginners can quickly grasp the basic techniques and start to experiment with the variety of other options. You can choose to indulge in short plays or long plays, depending upon your preferred risk and patience levels.
After you have set up your account you will need to place an initial deposit before you can start trading. This can be completed via a wide variety of forms, although the digital options are generally deemed to be safer and easier to trace should you have an issue with your broker. Once you have complied with the terms and conditions you will be able to transfer the funds in your account back via your chosen payment method. This can take as little as two days although you are not allow to transfer less than fifty dollars.
As you would expect from a business which has been established for many years, the support you receive is excellent. The staff is knowledgeable and friendly with an exceptionally quick response when contacted via live chat. They have various representatives who are able to communicate in at least nine different languages; this is guaranteed to make it easier for all customers; even if you prefer to contact them via email.
The website and response from the team indicate a site which sets the benchmark for other brokers. You are almost guaranteed to be happy with the service and the results!