Banc De Binary Review
No Deposit Bonus
|Broker||Banc De Binary|
|Support Types||Live Chat, Email, Phone, Call Back, Skype|
|Languages||English, Mandarin, Cantonese, Spanish, German, Japanese, French, Italian, Arabic|
|Minimum 1st Deposit||$250|
|Minimum Account Size||$1|
|Minimum Trade Amount||$1|
|Bonus||No Deposit Bonus|
|Free Demo Account||Open Demo|
|Deposit Methods||Visa, Mastercard, Diners, JCB, AmericanExpress, Bank Wire, Western Union, Skrill, UnionPay|
|Number of Assets||90|
|Singapore Traders Allowed|
- Unlimited Demo
- Easy To Use
- Long Term Contracts
- Only 1 Free Withdrawal Per Month
- Small Number of Assets
- No Early Closure
Banc De Binary is one of the most established and popular binary options brokers in the world with it claiming to have over 200,000 clients, with many coming from Singapore. They are certainly one of the more high profile binary option brokers. Banc De Binary were the first binary options broker to get be EU regulated with the company being regulated by CySec. Being an EU regulated broker which gives traders peace of mind.
Banc De Binary has a relatively low number of assets given they are one of the biggest binary options brokers. While most brokers have over 125 assets, Banc De Binary only has just over 90 assets. Banc De Binary allows traders to trade on 60 Seconds, 15 Minutes, Long Term, One Touch/No Touch and Pairs binaries.
The minimum deposit is $250, which will then give you access to an unlimited $50,000 demo account for you to practise with and test trading strategies. Banc De Binary really go out of their way to cater for more experienced traders by offering trading signals, priority access to customer service and 24/7 advice for clients who open an account with at least $5001. Their VIP account is reserved for traders who deposit at least $50,001 with that granting those clients first access to all binary option contacts and guaranteed no liquidity issues.
Unfortunately like a number of binary options brokers Banc De Binary only allows 1 free withdrawal a month, meaning you will be charged for making subsequent withdrawals in that month. From our experience while we have seen withdrawals processed and returned back within 3-4 days, however we know a number of users who have reported difficulties and time delays of over 4 weeks with Banc De Binary withdrawals. If you do open an account with Banc De Binary test the withdrawal process yourself early and before building up substantial trading capital in your Banc De Binary account.
What we like about Banc De Binary is that it is a simple to use platform that does not take long to learn and offers long term binary options, going out as far as a year. While they offer the short term contacts binary options are known for, if you want to take a long term view then that is also possible through Banc De Binary.
If you want to explore Banc De Binary further, open up an account, it is free to do so. If you decide to activate and trade the account the minimum deposit is just $250, you will then be granted access to the $50,000 demo account for your own practice.