Banc De Binary – Is it regulated?

Banc De Binary Regulated

Banc De Binary Regulated

Banc De Binary EU, a Cyprus -based binary options broker firm is one of the original binary options brokers, founded in 2008 in the wake of global economic crisis. Its experience and expertise in making money are recognized in the trading community of the binary options world, and over the years it has risen to become an industry leader, or should we say the big shark in the pond. Yet, there are some who question the legitimacy and indeed the very legality of  Banc De Binary’s operations in the exciting world of binary options trading, a sentiment caused by some unscrupulous binary options brokers who scam their clients. In order to convince you that any scam behavior with this broker is absolutely not an option, consider the following.

Banc De Binary | CySec Regulation

Banc De Binary IS EU licensed. This fact is in itself reassuring when you realize that European Union, and Europe in general is more strict when it comes to protection of clients and customers in various contexts, from consumer products to banking operations. Our Banc De Binary Review 2016 provides some details: European headquarters of Banc De Binary are in Cyprus where in 2013 it received its license from the Cyprus Securities and Exchange Commission (CySec), and it is correspondingly regulated by the CySec. CySec approval means that this broker is a legal entity that has a right to cater to millions of eager traders who want to deal with only the best in the field, namely, with Banc De Binary. Ensuring that investors enjoy a high level of legal protection from broker abuse, Banc De Binary’s license is subjected to Cyprus Investment Services and Activities and Regulated Markets Law of 2007 which enables Cyprus laws concerning the aforementioned type of financial activities to correspond to the European Parliament’s Markets in Financial Instruments Directive (MiFID). Basically, Cypriot license is valid in the entire EU, meaning that you don’t have to worry about feeling unprotected when you trade with this company. After all, they are a serious broker firm, and they wouldn’t be around if they constantly scammed people out of their money.

Banc De Binary Review Trading

Banc De Binary Review Trading

Banc De Binary provides first-rate education on the basics and even some finer points of binary options trading, and if you still think that they just outright lie about the dangers of binary options trading you will be pleasantly surprised. Namely, this broker actually warns people not to invest money they cannot afford to lose, emphasizing the fact that binary options trading is an inherently risky activity with no guarantees; only for the intrepid. Not only that – any user is eligible to open a free Banc De Binary Demo Account without depositing any money, designed for the purpose of exploring the platform and banking systems. So, as far as the transparency goes Banc De Binary makes clear that it will provide you with the best possible service in the binary options trading, from comprehensive education to market signals to give you the best chance of success.

CLICK HERE AND PROCEED TO SAFETYTRADE WITH REGULATED BROKER NOW!

Banc De Binary | Money Transaction Security

Banc De Binary recognizes that online privacy and security is a primary concern for its clients and the sentiment is mutual, to say the least. The aforementioned legal regulation is a safeguard against financial fraud, while client privacy is guarded by an array of advanced encryption technologies. Furthermore, this broker employs a compliance group that makes sure that only you, the rightful owner of an active account, can make withdrawals, thereby diminishing the inherent risks further. Among various online security measures, we will just mention some of the more obvious ones such as SSL encryption, MaxMind online fraud detection service and PCI Security Standards Council service which ensures the security of all client transactions. More of them are explained in our Banc De Binary Review article.  

Now to the point – the aforementioned compliance department that monitors client accounts for any sign of foul play is only part of the defensive scheme. In order to make sure your funds on your account are separated from the funds of other clients and also from the company money, this broker places client’s funds into one or more Segregated Client Accounts. The process of creating an account requires stringent ID check of a client, thereby ensuring that possibility of a scam is minimized on both sides.

Banc De Binary Trading Platform

Banc De Binary Trading Platform

Banc De Binary | Withdrawal

One thing that might be bothering you now are the terms of withdrawal of your funds from your account.  Well, for one thing this broker never charges a fee for withdrawing your funds. Also, you can put in a request for withdrawal at any time you want since there is that option offered in your account. You just need to decide how much money, with $50 being the minimum, you would like to withdraw. The request is sent to the broker’s compliance department which will carefully inspect the validity of the request in order to detect any possible fraud. After that, depending on the method of withdrawal, your funds will be withdrawn from your account in a reasonable amount of time.  What does that mean? Well, if you are withdrawing funds with your Credit/Debit card, your request will be processed within a week, and then it would take 2 or 3 working days for the funds to reach your bank. Withdrawals by Bank Wire Transfer are processed within five working days, and it takes additional 5 working days for the funds to reach your bank account. The fastest way to get your funds back would be with online payment service Skrill (Moneybookers). The processing of the request would still take around five working days, but afterwards your funds would be on your account within an hour.

Banc De Binary Licence

Banc De Binary Licence

Banc De Binary | The way it’s supposed to be

It is obvious that Banc De Binary is an industry leader for a reason.  This binary options trading powerhouse offers security of information and quality guidance through the ever changing landscape of binary options trading. Just as any transaction you make anywhere is based on mutual trust, so is the deal you make with them. This broker will never fail you, so go ahead, open an account with them today and enjoy the safest binary options trading experience imaginable.

CLICK HERE AND PROCEED TO SAFETYTRADE WITH REGULATED BROKER NOW!

Author's overall rating:
Author: Ben Prescott
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