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Banc De Binary

Overall Review of Broker: Banc de Binary (BDB) is one of the most exciting  binary options brokers at the moment. The company is separating itself from the pack in many subtle ways. Although not the most veteran of brokerages, the company has certainly set a new standard in the market and traders will be glad they chose them.

Company Profile:

The Good: The broker offers the basic option type and a solid payout%. But the strength of this broker lies in its asset list which is very large as well as the expiry variety they have. In addition, they offer 3 new ways to trade binary options: option builder, 60 second options, and “binarymeta”. We will tell you more about these features below.

The Bad: No Range options and no stop losses or take profits. Although as we have mentioned in many other reviews, stop losses aren’t really all that relevant in binary options trading, they are nice to have.

The Bottom Line: Great broker receiving high marks in all categories. Very secure and quick withdrawals make them a great choice for all binary options trader.

Founded: Not the most veteran of brokers out there as they were founded in early 2010. However in that short time they have established a great name based on solid service and a no nonsense deposit and withdrawal process.

Payout%:  A wide range of payouts from 70% to 87% make them a middle of the pack kind of broker: not too aggressive which makes you think and  not passive which makes you leave.

Expiry Variety: Another spot where BDB shines is in the expiry category. The broker offers the usual types of expiries but also has the lightning quick 60 second options that are gaining popularity with traders who want smaller but quicker payouts.

Binary Option Types: With ABOVE/BELOW and TOUCH options, most traders will think this sufficient. We would love to see them add RANGE options to allow for more complex and advanced strategies. But this is surely enough to get any trader going.

Software: They are using the state of the art SPOTOPTIONS trading system which we like. It is stable and delivers what it’s supposed to: a solid trading experience.

Screen Shot:

Banc De Binary-Start Trading Binary Options Now with a Secure Broker

Banc De Binary-Start Trading Binary Options Now with a Secure Broker

Asset Types: BDB offer a great range of instruments to trade. One of the largest lists of any broker out there with 38 stocks, 12 forex pairs, 9 commodities, and 20 indices. See the complete list below:

FOREX PAIRS COMMODITIES STOCK INDICES
AUD/USD Coffee US Indices UK and European Asia and Middle East
EUR/GBP Corn DOW CAC ASX
EUR/JPY Gold NASDAQ DAX BOMBAY SE
EUR/USD Oil (Brent Crude) NASDAQ FUTURES FTSE 100 BOVESPA
GBP/USD Platinum S&P 500 IBEX DUBAI
NZD/USD Silver STRAITS TIMES HANG SENG
USD/CAD Sugar MICEX10
USD/CHF Wheat NIKKEI
USD/JPY SSE180
USD/SGD TADWUL
USD/TRY TEL AVIV 25
USD/ZAR TOPIX
STOCKS
US UK AND EUROPEAN ASIA and MIDDLE EAST
Amazon Barclays Baidu
Apple BNP Paribas GazProm
Coca Cola BP HSBC Holdings
Goldman Sachs British American T Leumi
Google Danone SA State Bank of India
IBM Fiat Sberbank
Citi Group France Telecom Tata Motors
Disney Total Teva.TA
JP Morgan Chase Unilever Toyota
Vivendi Rio Tinto
Deutsche Telecom
Louis Vuitton
Publicis Group
SAB Miller
TESCO
Voda
Vodafone
UBS
AIG
Pfizer

Languages: Although definitely not the strongest aspect about this broker, they offer support in the major languages including: English, French, Spanish, Arabic, and Italian. The platform, as far as we could tell, was only available at the time of writing this review in English. Truth be told, trading doesn’t require language as Green is Buy and Red is Sell. But we would like to see this ramped up to the languages they support

Bonuses: Ok, you guys are probably sitting down in order to read this. So stand up and then sit down cause BDB is offering a $500 bonus to new traders. Click here now if you are interested in getting started.

Payment Methods: Other than Wire Transfers, Visa and Mastercard, the broker accepts Moneybookers and Alterpay. Should be enough for all traders.

Other Features: With a brand new “binarymeta” the company is certainly on the cutting edge of trading technology. No other broker provides such an advanced trading feature. In addition they offer a great tool int he option builder, providing more advanced traders the ability to customize risk/reward levels. They also provide 2.5% interest on funds held in your BDB account. 

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Reviewed by David Fielder on 16 July 2011

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