Banc De Binary – Minimum Deposit
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Each binary options broker requires a minimum deposit in order to start trading. The minimum deposit sum differs depending on the broker you choose. Banc De Binary requires $250 as minimum deposit for opening the Bronze account. A special attention should be given to the different loyalty programs which provide the clients with extra features once they deposit their account with an amount higher than the usual minimum deposit.
For example, if you plan to spend $2500 for trading with Banc De Binary, don’t do it gradually, because you may miss the additional features available with the Silver Account. The minimum deposit for the Silver Account is $2500, but the deposit must be replenished all at once. Here are the exclusive benefits that you can get with the Silver Account: trading alerts and event analysis, luxury loyalty store gift, direct line to your account manager for 10 days, trading signals from Trading Central for 1 month, bonus protected trades from account manager, introductory private session with an experienced analyst, and a smart money management plan.
Even if the minimum deposit of Banc De Binary seems to be common in comparison to other brokers, the fact that the minimum amount per trade is $1 makes it even more appealing for investors. Accordingly, the trader can place 250 orders with the minimum deposit, which is quite impressive. You won’t find other brokers with such ratio.
There is one more trick you can use: make the deposit via Binary Options Robot, and you will benefit from all the features available with the loyalty program.
Banc De Binary Deposit
In order to make the deposit with Banc De Binary, the client will have to utilize the common payment methods available online. Everyone reading this has bought something online or paid a service by using the credit/debit card or one of the multitudes of e-wallets. The wide range of payment methods is a big plus for this particular broker. They made all the possible to offer the clients comfortable conditions to perform safe operations. Even if the trader makes a transfer in the amount of $250+ to his account, the money is still in his possession and will be used for carrying out online trades.
As mentioned, Banc De Binary requires a minimum deposit of $250, which is quite common for the binary options industry. Based on the payment method the client uses, there may be required a payment fee, but this has nothing to do with the broker.
Here are the payment options available with Banc De Binary:
- Credit/Debit Cards – Visa, MasterCard, AmEx, JCB, 3D Credit Card (Maestro, Solo)
- Electronic payment – Skrill, PaySafeCard, Sofort, Ideal, GiroPay, P24, BankLink
- Bank Wire Transfer
- Banc De Binary Withdrawal
The broker applies the most secure strategies offered to make sure that client’s money is properly kept and given back when required. In other words, you don’t have to worry about the withdrawal procedure as it is secure.
As a Banc De Binary client, you can have peace of mind that the broker uses the latest technologies in order to implement high quality security measures. Don’t forget that this is a top broker that is regulated, and the clients’ money is one of the issues they care about the most.
If we refer to the cash out time, then you should expect that in five days you will get your money, which is faster than the average withdrawal period in the market. Even so, don’t be surprised if the money gets to you sooner because at a practical level the procedure can work much faster. This is especially true if you opt for the credit/debit card or the electronic payment method, because the bank wire transfer requires more time. Here are the average time periods for withdrawal considering different payment methods:
- 3 days with the credit/debit card method
- 5 days if the client goes for the bank wire transfer
- Up to one hour with Skrill and other e-wallets
Now, let us speak about the withdrawal amount. The client should know that he can’t take a sum less than $50. Additionally, the client might apply the same payment method used for making the deposit. If there were generated some profits and the withdrawn sum is higher than the deposited amount, then the broker will opt for the bank wire transfer in order to transfer the money back to the trader. Keep in mind that even if Banc De Binary does not charge any fee for withdrawing money, there may be required some fees depending on the payment method you choose. For example, the average fee for a bank wire transfer is $25-30, while with Skrill it can be up to 1-2%.
Here are the main parameters that you should consider in case you want to deal with Banc De Binary:
- Minimum Deposit – $250
- Minimum Amount per Trade – $1
- Currencies: USD, EUR, and more
- Turbo Options (60 seconds) – Yes
- Promotions and Newsletters on a weekly basis – Yes
Don’t forget that the US traders cannot trade on the Banc De Binary platform, at least for the current time.
Traders should monitor the terms and conditions of the broker because there may be some changes from time to time. Make sure you check Banc De Binary website once in a while to see if there is something new. This may be beneficial for both beginner and experienced traders. Maybe these changes can affect the deposit/withdrawal procedures, you never know.
For those who want to know more details related to deposit procedures with BdB, you should know that there are first deposit bonuses waiting for the new clients, various types of accounts that require different minimum deposits, and you must be at least 18 years old in order to trade with this broker.
The minimum deposit for each account type is as follows:
- Bronze account – $250
- Silver account – $2500
- Gold account –$5000.
And this is not all. There are also personal account types that go with an individual approach. These are called Lion Premium Accounts. However, beginners are not welcomed because the initial deposit should be no less than $10 000 and the client has to be well acquainted with the binary options trading. This account is made for serious traders that know how to generate profits and perceive trading as their job or passion. If you haven’t successfully traded binary options for many years, then it is better to opt for a standard account, like Bronze, Silver or Gold. Additionally, there is another VIP trading account which is exclusively for VIP traders. The client has to deposit no less than $50 000, which is quite a sum. One can find various exclusive benefits that are often customized.
Banc De Binary Security
The flow of money and personal information at Banc De Binary is huge, as there are millions of traders around the world, so the broker implements high quality security measures in order to keep money safe and provide a safe communication. The SLL security system with EV is recognized all over the world, and the fact that the broker got a verification certificate shows its solid reputation. The broker also deals with MaxMind for safe transactions, World Check, and PCI.
Banc De Binary has a special viewpoint on money laundering and it does not tolerate it at all. The broker follows the recommendations set by the UK’s Joint Money Laundering Steering Group.
Banc De Binary Bonuses
Banc De Binary knows how important is to feel comfortable with a new broker, especially for those who make the first steps in binary trading. This is why the broker offers an up to 100% bonus after registering the account.
These welcome bonuses are provided to newbie traders in order to perform risk-free trades. The traders can also find periodic promotions that are displayed on the BdB website once in a while. It is worth mentioning that the bonus amount is directly influenced by the deposited sum. Only the account managers can decide the bonus sums.
The account manages will carefully check every new account right after the first deposit is made. They are quite objective in deciding who is eligible for the bonus and determining the amount of it. If you want to get the advantage of a 100% bonus, it is better to make a deposit for opening the Silver Account, which means no less than $2501.
The bonus programs are great, but the trader cannot withdraw them right away. In fact, there are certain conditions that must be satisfied before the bonus becomes valid for withdrawal. This system is true about any other broker in the binary options market. First of all, the client that wants to claim his bonus has to be at least 21 years old, and be able to make a deposit, at least for the Bronze Account. The bonus will be offered in the currency that was selected when the deposit was made. Before any withdrawal, related to the bonus or not, the client has to pass the identity verification procedure, which is a standard operation for all the major brokers out there. Generally, it is about sending a scan of the ID document and a payment bill picture. If you want to deal with Banc De Binary and claim a bonus, make sure you strictly follow the rules described above because if you miss something, it will be difficult to keep eligible for it.
Banc De Binary Demo Account
Besides the fact that Banc De Binary offers one of the greatest platforms for traders, its demo account is also on top. If you are not familiar with binary trading but intend to try it, starting with a real account may be a financial suicide, so the demo account comes to help you get trained. It offers you $50 000 virtual funds, 24 hours per day availability, and great features identical with real trading. The mobile and tablet version is also accessible. It is clearly the smartest choice for traders who want to fully handle binary trading. Keep in mind that you can benefit from BdB demo account only after making a $500 deposit. The deposited money has nothing to do with the demo account, so you shouldn’t worry about some risks. With the demo account, the practice will reach a higher level. The account manager will be ready to help new traders with great advices and suggestions.
To open the demo account, the client has to follow some simple steps. The already mentioned deposit of no less than $500 should goes first. Then, the client should get in touch with the customer support service, which is quite easy. They will create the demo account within minutes. As stated before, the deposited money won’t interfere with the demo account at all. There are absolutely no risks in performing trades with the virtual funds.
Banc De Binary United States
Some years ago, Banc De Binary was available for the US customers, yet this is not the case now. The broker can no longer be accessed from there. However, the broker is on top and it provides its services worldwide, in more than 80 countries.
The US authorities are very strict with the European Binary Options because they have a different vision about this trading operation. In addition to that, Banc De Binary had some disagreements with CFTC related to commodity trading. Even if the CFTC claims were not correct, the case was closed and the broker was decided to cease its operation and services for the US citizens. Because of this, Banc De Binary is now focused more on Europe and the Middle East and will constantly service its clients in every corner of the world where the regulators accept it.
The special case with the US regulators comprises a list of traders that were critical to this broker. However, it has to be mentioned that there is no broker in the binary options market that has exclusively positive reviews. Banc De Binary already provided that it is a top broker and has a solid regulation coming from Cyprus.
Today, the broker has some talks with the US regulators, but it is quite early to make some assumptions and forecasts.
Banc De Binary VIP Account
Those who are so familiar with binary trading will generally choose some of the available basic accounts like Bronze, Silver and Gold. However, the traders who want to receive a special consideration and an individual approach should definitely open one of the offered VIP accounts. With Banc De Binary, these are called Lion Premium Accounts. One of the benefits is the 100% welcome bonus, but there is something more. The Standard Lion Premium Account requires a minimum deposit of $10 000 and here is what it has to offer: bonus protected trades from account manager, direct line to client’s account manager, trading alerts and event analysis, introductory private session with an analyst, smart money management plan, an analyst educational program twice a month, luxury loyalty store gift, expedited withdrawals, and first access to all option contracts. The Platinum account requires a minimum deposit of $50 000 and besides all the benefits described above the trader can also enjoy access to premium trade room, invite to exclusive VIP events, and 2-3% higher payouts. Don’t forget that the rest of benefits that come with lower accounts will also be included automatically. These VIP accounts are great for experienced traders that have some capital to invest.
There is even a higher level but the trader can reach there only by invitation. It is about the exclusive accounts that require a deposit of no less than $100 000.
Banc De Binary Free E-Book
New traders can enjoy the new e-book available on the Banc De Binary website for free. In fact, this great book is available for every visitor for free in PDF format. It is about a 41 page book that shows exactly what the first steps in binary trading are.
Traders who registered an account can enjoy more e-books from the Lion Academy section. For example, the Platform eBook in PDF format is great for those who want to get familiar with Banc De Binary’s platform features. Understanding the platform you trade on can be very important for a successful trading experience. The Lion Academy additionally offers the Binary eBook for beginners and the Advanced Binary eBook. All of these eBooks, including the free one, can be read on any device with internet connection. Obviously a PDF reader must be installed, which is not a big deal.
Yet the book is not the only informational source. The education centre of Banc De Binary is one of the most advanced. It offers free video courses, in-depth financial glossary that allows new traders get familiar with specific terms widely used in binary trading, binary options basic info, FAQ, special courses, and the Lion Academy, the latter being available only for the members.
- Understanding futures markets (Robert Kolb)
- Prices in Financial Markets (Michael Donathan)
- The history of commodity futures trading and its regulation (Jerry Markham)
- Foundations of Financial Markets and Institutions (F. Fabozzi)
- Price discovery and volatility spillovers in the DJIA index and futures markets (Yueman Tse)
- The Effects of Stock Index Futures Trading on Stock Index Volatility: An Analysis of the Asymmetric Response of Volatility to News (Phil Holmes)
- Price Volatility, Trading Volume, and Market Depth: Evidence from Futures Markets (Paul Seguin)
- Performance of Thin Futures Markets: Rice and Sunflower Seed Futures (Gordon Douglas)
- Price Movements and Price Discovery in Futures and Cash Markets (Silber)
- The Empirical Evidence on the Efficiency of Forward and Futures (R. Hodrik)
- Intraday Volatility in the Stock Index and Stock Index Futures Markets (Kalok Chan)
- Results from a Dozen Years of Election Futures Markets Research (Joyce Berg)
- Theory of the Inverse Carrying Charge in Futures Markets
- The Dynamics of Commodity Spot and Futures Markets: A Primer (Robert Pyndick)
- The Existence of Futures Markets, Noisy Rational Expectations and Informational Externalities (Sanford Grossman)
- Fundamentals of Futures and options markets (John Hull)
- Systematic Risk, Hedging Pressure, and Risk Premiums in Futures Markets (Bessembinder)
- Futures Markets and the Theory of the Firm Under Price Uncertainty (Gershon Feder)
- Price discovery and volatility spillovers in index futures markets: Some evidence from Mexico
- Price dynamics and error correction in stock index and stock index futures markets: A cointegration approach (Malek Lashgari)