After SpotOption became regulated in October 2012, Banc de Binary is now one of the first binary options broker to receive the desired official regulation. The broker regulation is executed by the cypriotic financial controlling authority CySEC (Cyprus Securities and Exchance Commission).
Banc de Binary leads the way
The regulation of the broker Banc de Binary is a very remarkable step towards professionalism for the very young industry of binary options. Ever since the 7th of January 2013, they are officially regulated under CySEC license 188/3.
For existing and new customers, this means additional reliability for their broker of choice. Trader can now rest assured that Banc de Binary is now obliged to respect certain requirements of the financial controlling authority. This mainly affects the handling customer accounts as well as the genrall trading activity.
Additionally to being regulated in the EU, Banc de Binary wants the CFTC license in the USA, as well. Their goal is to offer binary options in the USA, too. As of now, trading with Banc de Binary is not possible in the USA.
Minimum initial deposit lowered to 250 Euro
Ever since early 2013, new customers can open up trading accounts at Banc de Binary for as little as 250 Euro. Prior to this, the minimum deposit was 400 Euro. A complementary demo account is still included in this offer. Risky strategies or new trading approaches can be tried out there without risk. In general, Banc de Binary offers a very secure and user friendly trading software. The minimum trading amount is just 1 Euro so it is safe to say that they definitely appeal to trading beginners.
Banc de Binary sets the bar
Having reached the regulation first, Banc de Binary really is one step ahead of the entire industry. It is assumed that more binary options broker will follow Banc de Binary’s example. We will keep you updated regularly.
Banc de Binary Broker Facts:
Broker: Binary Options / Market Maker
Founded in: 2009
Company: Banc de Binary Ltd.
Regulation: CySEC (Zypern)
Place of Business: Limassol, Zypern
Minimum First Deposit: 250 Euro
Minimum Trading amount: 1 Euro
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