Banc de binary is an eu registered and licensed broker operating from the company headquarters in cyprus. They cater for traders in more than 80 different countries around the world.
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Their global brand name is what sets them apart from other rival trading brokers.
Banc de binary eu. The support at banc de binary is top notch and writing this banc de binary review was a very pleasant experience. The firm also surrendered its brokerage license with the cyprus securities and exchange commission cysec removing its ability to legally trade in the european union. Banc de binary eu.
This broker is regulated not only by cysec but also by other regulatory authorities all over eu. Banc de binary was an israeli financial firm with a history of regulatory issues on three continents. With the cysec license banc de binary can operate in all the european countries.
Banc de binary has also set up a special eu domain for their website catering to european customers. One month later a much bigger blow came from the us financial authorities namely the cftc when banc de binary had to pay a whopping 11 million dollars due to illegal targeting of american traders. As most binaries brokers banc de binary also offers educational materials courses news articles 1 on 1 training binaries e book and more in order to.
It is an eu registered broker the license of which is coordinated trough the eu s mifid. Banc de binary is probably the biggest binary options broker in the world however their clients are according to statistics mostly from south africa which is very interesting. Banc de binary has officially become the first eu licensed binary options broker they are now regulated by cysec cyprus securities and exchange commission and have thus become a licensed binary options dealer throughout the european union of which cyprus is a part of.
Eu is the world s biggest economic area and it makes sense that banc de binary is focusing their efforts on eu traders. Banc de binary is a flagship european binary options broker offering trading in over 200 assets on the most popular spotoption binaries platform under quite competitive trading conditions. Banc de binary eu are one of the largest binary options brokers in the world.
You can get a hold of the support agent via mail live chat call back and skype. During the banc de binary review never experienced having to wait more than a few minutes in the live chat and no problem remained unsolved. It is a privately held investment firm founded in 2008.
On january 9 2017 the company announced that it would be closing due to negative press coverage and its tarnished reputation. The broker s webpage has a specific eu domain that is meant to serve the european clients. They provide binary options in 180 assets in over 30 countries.
Banc de binary eu. However problems began to emerge at the beginning of 2016 when banc de binary eu operations earned the broker a 350 000 fine from cysec.
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