Banc de binary live trading tutorials
A month later, it also obtained FSA registration. To obtain a license, a broker has to demonstrate its ability to meet several strict guidelines so for me, knowing that Banc de Binary went through the accreditation process and received approval tells me this is a trustworthy broker. The amount of awards Banc de Binary has received is enough to make any other binary options broker blush.
In 5 short years, this firm has managed to win some of the most coveted awards within the industry such as best platform, best broker, and most secure broker. When the company was created back in , the goal was to make trading accessible.
This platform embodies simplicity and an intuitive factor that makes it easy and fun to work with. Banc de Binary offers 6 platforms that all work in very similar ways. Each platform is built with security in mind.
No matter which one you choose, you have access to live trading quotes as well as rates from Thomson Reuters Corporation. If you are like me and you tend to be on the road often, you will be pleased to know that Banc de Binary has free applications for iPhone and Android users.
This is definitely becoming more popular among brokers as virtually everyone owns a smartphone these days, but Banc de Binary has managed to offer the same high quality standards it has on its regular platforms on mobile devices.
The most popular is the Digital Options platform where basic trades can be executed. I love how the menu is set up and how easy it is to select an asset and an expiry time in just a few clicks.
In response, the company now offers automatic monitoring and email notifications to provide any valuable, up to the minute information that could be critical to your success. For novices who want to learn how to perfect the art of the trade, the firm provides reading material and video tutorials. For the more eager and experienced traders, advanced strategies are discussed at length with video to provide additional support.
Aside from the self-learning educational tools, I enjoyed having my own personal account manager upon signing up with the firm. This person provides valuable one on one lessons; I was even able to get some personalized advice according to my trading profile. This service is complimentary, which makes it even more interesting. Banc de Binary offers a long list of assets, with over tradable assets from 30 countries in all categories commodities, currencies, indices, and stocks.
The Banc de Binary platform offers a fast, user-friendly method of trading options. Updating these will change the price graph, and trading buttons with the up to date data for that asset and expiry. To the right are the trading buttons and key trade details. The current price , and payout , the expiry countdown and the call and put buttons clearly marked. The final feature is a trader sentiment bar. They are not regulated by those bodies however, merely registered with them, which is not the same thing.
Any trader disputes would need to be taken up with CySec. The assets lists are very big, and it is a clear strength of being a global brand. Some smaller brokers may list certain assets, but then not be able to open them due to a lack of volume. This is where an account manager from the firm, will contact a client and offer them advice. This advice can often lead to large deposits, and pressure on the client to trade beyond their means. It very rarely ends up profitable for the trader — much the opposite.
Never let anyone else trade on your behalf. Banc de binary offer a free mobile trading app. The app is available on iOS iPhone and iPad and android. The trading area appears more or less the same as it does on the web based platform.
A responsive design means the charts display well regardless of the device used. Account management features are also available on the app. Payouts will vary depending on the asset and the expiry time of the trade. The percentage may also move depending on trade volume.
Deposits at Banc de Binary are secure and robust. There is a deposit option on the right of the login area, visible once a user logs in. Once confirmed, deposits are available to trade immediately. There are a variety of deposit methods to choose from — credit card, bank wire transfer international or domestic and Skrill. Any withdrawals are generally returned via the same route that a deposit was made. This is a common policy throughout binary options brokers, and is a measure against laundering.
The broker will always require some proof of identity before authorising any withdrawal, again this policy is fairly common with binary firms. Both documents will need to show the address of the trader. Once received, withdrawals will then become. Where the trade is not covered on both sides, BdB will effectively only profit when the trade loses.