Banc De Binary Uk
Banc de binary is authorized and regulated in europe by the cyprus securities exchange commission under license no.
Banc de binary uk. We recommend choosing one of our top binary option brokers instead. Whether you are a beginner or more advanced investor it is a pleasure to do business with banc de binary not in the least because of the high yield of up to 90. Banc de binary was an israeli financial firm with a history of regulatory issues on three continents. Banc de binary are regulated by cysec license 188 13.
No see our top ranked legit program here rating. They are not regulated by those bodies however merely registered with them which is not the same thing. 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. Eu is the world s biggest economic area and it makes sense that banc de binary is focusing their efforts on eu traders.
They are also registered with both the fca in the uk and aml in france but registering with is not the same as being regulated by this is an important distinction. Banc de binary was one of the biggest players in the binary options industry at one point they even had their own banc de binary towers however due to numerous complaints lawsuits banc de binary has since closed down it is therefore no longer possible to trade with. Banc de binary review summary. We have found out that banc de binary is closed.
Banc de binary also registered with the fca in the united kingdom and consob in italy via mifid rules. Banc de binary which has offices in cyprus but is run from israel is notorious for using high pressure sales calls to persuade ordinary investors to gamble saving. It is easily accessible and offers all the features needed for both novice and experienced investors in binary options. On january 9 2017 the company announced that it would be closing due to negative press coverage and its tarnished reputation.
Banc de binary has also set up a special eu domain for their website catering to european customers. Banc de binary is a secure and user friendly platform. Try also binary option robot if you are looking for automated binary trading. They are also registered with a number of other organisation including the aml in france and the fca in the uk.
Banc de binary has a reputation as one of the most prosperous and safe brokers out there. They received their license on january 7th 2013 and renounced it effective january 15th 2017.