Banc de Binary shuts up shop - after repeated fines and an £8million penalty

It complies with PCI standards when processing data, and it has a partnership with MaxMind to help it verify deposits and prevent fraud.

There are about 30 indices to choose from. Trading at Banc de Binary The number of assets available at Banc de Binary is one of its biggest selling points. 

It is helpful because events that happen around the world — from announcements by companies to statistical releases by governments — can and do affect the market. When you encounter a problem, its customer service team is responsive, sympathetic, and professional.

CAMPAIGN TRIUMPH: Banc de Binary shuts up shop - after repeated fines and an £8million penalty 

Big news is the binary options industry: Banc De Binary is about to shut down. The company decided to close the binary options broker. Banc De Binary was one of the first binary options brokers, however they never had a positive image.

The interface is intuitive, and it performs all the main functions of the desktop application. It only takes a few minutes to setup, and you can use it from anywhere that you have an Internet connection. This means you can trade while away from your computer! However, you will need an account, as you need to enter your username and password before you can start using it. Banc de Binary Economic Calendar One of the unique and truly useful features that Banc de Binary offers is an economic calendar.

It is helpful because events that happen around the world — from announcements by companies to statistical releases by governments — can and do affect the market. With this information, you can adjust your strategy to ensure you maximise your returns and minimise your level of risk.

The calendar is easy to use, so you will find yourself referring to it on a daily basis. Banc de Binary also offers additional peace of mind to new customers, including the professionalism of its operation and the customer support that is available. The more you use binary options trading platforms, the more you will recognise common scam signals.

You will find none of those at Banc de Binary. You will, however, find the following positive points: Satisfied customers — Banc de Binary has a large customer base from countries all over the world. If it was a poor quality binary options trading platform, those customers would not stay.

Professional website — The website is well made and easy to use. It is also fast and secure. Help and guides — The amount of educational materials that Banc de Binary offers is exceptional. Excellent reputation — One way to spot a scam binary options trading platform is to read customer reviews.

When you encounter a problem, its customer service team is responsive, sympathetic, and professional. Most queries or concerns are resolved quickly. If you are new to the platform, it is the best place to start. In fact, there is so much information it is worthwhile to join Banc de Binary just to get access, even if you have no intention of ever using it to trade binary options. Privacy and Security Banc de Binary conforms completely with all industry standards and protocols to protect your privacy and personal information.

It complies with PCI standards when processing data, and it has a partnership with MaxMind to help it verify deposits and prevent fraud. This platform is well known for being simple to get acclimated and being very easy for even beginner traders to use. It has a simple layout that can be customized somewhat to accommodate individual traders personal preferences. A trader can easily navigate through the site by taking advantage of the simple menus it has and by easily pointing and clicking on the choices the menus offer.

We found the trading platform to be extremely well laid out, informational and easy to read and understand. It is very well designed, to say the least. The main reason Banc de Binary has such a high minimum deposit is that it offers a large bonus on that first deposit of percent.

They could not offer such a generous offer on the first deposit if it was possible to deposit a lower amount. Demo Account Facility Banc de Binary offers a fully functional demo account to all new traders. This gives you the opportunity to try out the platform and learn how to use all the features and functions. If you are new to binary options, you can also use the demo account to learn about this form of trading.

You can use it to test out strategies too and to work out how you want to proceed. While you are doing this, you will use virtual money so none of your own money is at risk.

Once you are confident with how binary options trading works, and once you know how to use the Banc de Binary platform, you can switch to a full account. This requires a deposit, so your money is at risk, but you can also start generating wins and profits.

Placing Trades There are a variety of options available when it comes to placing trades on Banc de Binary. The options listed on Banc de Binary can also be traded on several different expiration times such as 60 seconds, 15 minutes, 30 minutes, 1 hour and 24 hours. Assets that can be traded can be selected from currencies, stocks, indices and commodities. We found a really nice variety of the types of trades an investor can place on Banc de Binary.

Learning Tools There are a variety of learning tools that Banc de Binary offers its clients too. The best of these is the free demo account that is offered to its account holders. Demo accounts are great for learning a trading platform without risking any real money. The learning tools they provide are not limited to the demo account by any means.

A trader on Banc de Binary will have access to a basic introduction course on binary options trading, several trading videos that feature their financial experts discussing binary options trading points, a very comprehensive and informative e-book on the subject of binary options trading and access to many written articles that cover all aspects of binary options trading and analysis.

When we reviewed the site we found that the free platform walkthrough that they offered was instrumental in getting us acclimated to the trading platform quickly and easily. When that walkthrough was followed by use of the demo mode we found ourselves quickly trading on the regular platform problem free in virtually no time. Strategies and Help Banc de Binary is one of the best binary options trading platforms for beginners because of the range of educational materials that it offers.

If you are new to binary options trading, there is plenty to get you started. In fact, you will find about different articles and guides that will teach you how the market works and explain different trading strategies and give you tips on how to succeed. You can read articles that explain the difference between a bear market and a bull market. Other articles teach you about risks, while others guide you through the assets that are available. You will also find information on how to protect yourself, such as guides on choosing the right broker and tips on how to stay away from unregulated brokers.

Each asset type — stocks, currency pairs, indices, and commodities — is covered in various sections, plus there is live market information that will show you what is currently trending, what is hot, and what is not.

Banking Banking is another thing that is really uncomplicated on Banc de Binary. There are several currencies that can be used for making deposits and withdrawals such as the US Dollar, the British Pound and the Japanese yen. Banc de Binary also excepts several payment forms that an investor can use to make deposits and withdrawals. Steps are already in place to make this a reality, with an official admitting that the company is no longer accepting new customers.

Nobody could have seen this coming, and even the officials within the company were just as surprised as the rest of the industry when they learnt of the shocking news. The question is why. As one of the leading binary options brokers in the world, why would Banc De Binary call it a day at a time when it was seen as an industry trailblazer? Just to recap — Banc De Binary is worthy million dollars, and it had become the standard against which all other players in this industry were measured.

This fact makes the reason behind its surprise closer even more baffling. The company has been attracting too much negative attention from international regulators. And the fines were starting to add up. The US fine came after years of investigation. This constituted a deliberate contravention of US laws regarding solicitation of US citizens.

The country has since last year been on an animated fight to make a graveyard of the binary options industry within the country.

 

BehaviourExchange 

Banc de Binary is also one of the used brokers in Binary Option Robot automated trading software and binary options signals. Trading at Banc de Binary The number of assets available at Banc de Binary is one of its biggest selling points.

Banc De Binary Decides to Shut Down after a long period of having issues with regulators and authorities worldwide. That, in addition to all the thousands of complaints coming from their own clients is finally putting an end to the firm once and for all. Banc De Binary, an icon of the binary options industry and one of the most famous brokers in the world, has stopped accepting new traders! One of the biggest companies in the business will therefore shut down, which is certainly a . 

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Banc de Binary, which has offices in Cyprus but is run from Israel, is notorious for using high-pressure sales calls to persuade ordinary investors to gamble saving. This is a big news in the binary options industry: Banc De Binary has announced that the company would be closing because of “consistently negative press” coverage. We’ve already written a review about Banc De Binary in the past, warning traders about them and it seems like we were right.

Will Banc de Binary shut down? Online reports claim that a high-level official at the Banc de Binary confirmed the news. The person has explained that such decision was taken by the owners of the firm. Big news is the binary options industry: Banc De Binary is about to shut down. The company decided to close the binary options broker. Banc De Binary was one of the first binary options brokers, however they never had a positive image.

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