Is Banc De Binary a scam?

Banc De Binary has been a subject of hot discussion on internet, whether Banc De Binary is doing bad business practices are to be seem; some complaints about their payment procedures, some are happy with them.


Banc De Binary has been around in 2009, they use SpotOption as their trading platform. SpotOption is a solid platform, so you could expect a decent charting platform from Banc De Binary. Banc De Binary has some top payout on certain assets, up to 90%. In a lot of binary options brokers, you will need to be a gold account or premium account to get such payout, however, it's for everyone in Banc De Binary.

However, there are no to little payout on Out-of-Money trade. Their minimum deposit is a little high too, $500. To some traders, that amount of money is a little over the top, especially if they want to test the broker out.

So, where does the rumor for Banc De Binary scam coming from?

Well, Banc De Binary claims to have their headquarter located in Wall Street, New York, but the fact is that everything is operated from Israel; why do a company has to hide their real identity? Are they doing bad business practices? Are they shady?

There are complaints about the difficulties in withdrawals, they pay, there's no doubt about that, but they won't let you release your money easily, some said. They won't give it up without a fight. That is definitely a sign of Banc De Binary Scam

So, all in all, a good broker should let their traders withdrawn money as easy as when they let them deposit. So, it's a big no no for me. I would recommend anyone to stick with the famous well-known and regulated brokers, try the best binary options brokers.