Banc de Binary Has Closed It’s Doors and is No Longer Accepting New Traders!
Banc de Binary was established in early 2009 and stands as one of the first binary options brokers to be regulated. They are based in Cyprus and are regulated by CySEC.
As a leader in the binary options trading industry, it comes as no surprise that Banc de Binary serves clients in over 80 countries and offers one of the most generous bonus structures out there.
Unfortunately, Banc de Binary does not accept clients from the US, Canada or Australia.
Types of Trading Accounts
Banc de Binary offers a wide array of trading accounts, each come with their own unique benefits and have different requirements. Let’s quickly go over a few of Banc de Binary’s accounts and their key features.
Micro Silver – The micro silver account requires a minimum deposit of at least $250. Comes with daily market reviews and insights. Perfect for newer traders.
Standard Gold – The standard gold account requires a minimum deposit of at least $5,000. This type of account comes with free 100% welcome bonus, which is an excellent way to take a trading career to the next level. Deposit $8,000, get $8,000 free. It’s that simple.
Managed Account – This type of account requires a minimum deposit of at least $35,000. The managed account comes equipped with all the above features, but it also comes with a personal account manager who is available by phone, email and chat. This account also comes with free trading signals, access to real financial analysts, and a personalized educational training course.
Trading With Banc de Binary
Banc de Binary offers a diverse set of over 190 tradable assets. They offer roughly around 100 stock options, 30 currency pairs, around 25 indices, and 7 commodities.
For executing trades, Banc de Binary uses one of the most popular trading platforms on the planet: SpotOption. SpotOption allows them to offer regular high or low options, hyper options, long term options, and pair options.
Their offered time expiries vary. Regular high and low option time expiries range from 5 minutes to the end of the day. Hyper option expiry times range from 60 second to a few minutes. Long term contract expiry times start at a few days and go up to an entire year.