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Is Banc de Binary a Scam?

Is Banc de Binary a Scam?

Questions regarding scam are always hot topic in binary options industry. Therefore, it is understandable why traders from South Africa want to learn more about possible Banc de Binary scam.

Banc de Binary is one of the first brokers who started to offer trading services on binary options market. They were established in 2009 and are owned by BDB Services Ltd.

For the past seven years on South African market, they have proven to be a binary broker who   provide a highly modern platform for trading binary options.

According to that, so far we haven’t received any reports of Banc de Binary being a scam. Their trading platform is user-friendly and they conduct transparent business to all their registered traders. That is why there is no reported Banc de Binary scam.

South African traders should know that this broker offers detailed information about their terms and conditions and compliance. Under Banking and Security tab, traders can see how they are dealing with trustworthy broker and not a scam.

It is also important to emphasize that Banc de Binary is regulated binary options broker.

Another element that shows that there is no Banc de Binary scam is that all banking information is available on their platform. Traders in South Africa can easily find out how to deposit and withdraw funds, which is very important for everyone who want to invest in binary options.

They pay attention to ensure traders safe trading experience by using SSL encryption to protect traders’ data.

Banc de Binary Withdrawal

Banc de Binary is a respectful binary broker who uses high security standards to ensure South African traders profitable binary trading experience. Banc de Binary withdrawal is one of the most important segments for traders who trade with this broker.

So how to know is Banc de Binary withdrawal safe? While reviewing this broker, we found out how they use SSL technology and PCI to protect both financial and personal data of their registered traders.

To make Banc de Binary withdrawal, traders first have to be logged to the trading account. Then they need to click on Withdrawal button and fulfill withdrawal request and send it back to Banc de Binary.

Traders will be notified by email when their request is approved. Also, to make any payments, traders are required to confirm their identity.

This is done by send fee documents, such as copy of photo ID, proof of address and copy of credit cards (with visible last 4 digits).

To make Banc de Binary withdrawal, South African traders can use a variety of payment options, such as e-wallets, credit cards and bank wire transfer. Often used methods are Skrill Moneybookers and iDeal as alternative payment methods.

Withdrawal time depends on the chosen payment option. For credit cards, Banc de Binary withdrawal requests are processed within 5 business days and extra 2.3 days until funds arrive on traders’ account.

This time is shorter with Skrill, where traders can get their funds within 60 minutes from the time request is approved.

An important note to all traders is that this broker doesn’t charge any fees for withdrawing money, which is excellent.

Banc de Binary South Africa

In this paragraph, we will explain why so many South African traders show interest in Banc de Binary.

While reviewing them, we can say that this broker really has it all; a trading platform with many features, excellent customer services and transparent business.

That is why Banc de Binary South Africa is an excellent platform for traders, residing in South Africa.

With Banc de Binary South Africa, traders can choose among a wide range of underlying assets: currencies, stocks, commodities and indices. Also, features such as demo account and mobile app are also on traders’ disposal.

This shows how trading with Banc de Binary South Africa has many advantages that can lead South African traders to high payouts in binary options industry.

To get the most from Banc de Binary South Africa, traders can use a set of different education materials and that way, increase their chances to be more experienced and make good and profitable strategic moves. All of these elements demonstrate how Banc de Binary may be a truly interesting choice when it comes to selecting a binary options broker.

Is Banc de Binary a Scam?
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