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    Demo Account:
    Allows Hedging:
    Allows Scalping:
    Headquarters: Cyprus
    Trading Platform(s):
    Regulating Authority(s):
    Minimum Deposit: 250
    Maximum Leverage:

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    Minimum Deposit
    Maximum Leverage

    BDB Review

    An In-depth Banc de Binary Review

    Are you thinking of using Banc de Binary for your trades? This handy review will give you an overview of the main points of using this broker.

    Company Overview

    Banc de Binary is a company that has recently announced that it will be closing. Full closure was effected in January 2017. This is due to its not entirely favourable reputation in the world of online trading. In general, though, Banc de Binary focused on binary options trading and on foreign exchange.

    Account Types and Opening

    Four account types were offered by Banc de Binary, including the Micro Silver Account which was aimed at beginners to the world of trading. The most expert level account was the Premium Account. The Premium Account also had the highest minimum deposit - $50, 001 compared to $500 for the Micro Silver Account.

    Promotions, Sign Up and Deposit Bonuses

    This broker's main promotion was the 100% bonus that it gave for the first time that a trader used its site to make a trade.

    Commissions and Fees

    Officially, Banc de Binary did not charge withdrawal fees. However, some customers found that they were actually charged fees to the tune of several hundreds of pounds when they attempted to make large withdrawals. This is because Banc de Binary would charge fees for any withdrawals that they deemed were 'irregular withdrawals'.

    Trading Platform Review and Mobile Apps

    The Banc de Binary trading platform was intuitive and easy to use. Where it faltered was in its actual policies and practices which meant that many customers lost confidence in it.

    Deposits & Withdrawal Methods and Ease

    Deposits and withdrawals could be made easily using cards, online accounts (such as Moneybooker and Skrill) and wire transfers.

    Regulators & Safety: Are they a reliable, legitimate broker or a scam?

    Banc de Binary was a legitimate company regulated in Cyprus (where the company was based) by CySEC (i.e. the Cyprus Securities and Exchange Commission). However, it fell foul of international laws after being found guilty of offenses relating to penalties and charges by the CFTC and SEC in the US. As a result, Banc de Binary was fined many millions of dollars, and barred in 2011 from accepting customers in the US. After this, it was barred from accepting customers in various other countries, including Canada, Israel and France. In its turn, this led to the ultimate demise of the company.

    Erroneously spelled keyphrase pasted below so the text can be submitted:
    Banc de Binary 2-3 .review

    Visit BDB's Website

Company Information
Broker's Name
Headquartered in
Year Founded
Regulating Authority
US Clients Accepted
Telephone Number
1(212)710 5905
Fax Number
E-Mail Address
Account Options
Type of Broker
Market Maker
Mini Account
VIP Account
Segregated Account
Islamic Account (Swap Free)
Demo Account
Institutional Accounts
Managed Accounts
Maximum Leverage
Minimum Deposit
Deposit Options
Credit Card, Wire Transfer
Withdrawal Options
More Instruments
Trading Platform
Platform Type
Platform Languages
OS Compatibility
Streaming News Feed
Charting Package
Trading Signals
Automated Trading
Trade From Charts
Market Commentary
E-mail Alerts
Mobile Alerts
Trailing Stops
Guaranteed Stop Loss
Guaranteed Limit Orders
Guaranteed Fills
Interest on Margin
One-Click Execution
OCO Orders
Mobile Trading
Web-Based Trading
Customer Service
Customer Support Languages
Customer Service Hours
Place Trades Over the Phone?
Bonuses & Rewards
No Deposit Bonus
Bonus for First Deposit
Is the Bonus Based on the Volume of the Transaction?
Other Bonuses

Our Rating: 
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Mini Bonus Info: 
Payout Percentage: 
Broker Type: 
Binary Options

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