Banc De Binary Review – How I Make $10.000 Weekly Trading Binary Options With My Winning Strategy

Banc De Binary Review – How I Make .000 Weekly Trading Binary Options With My Winning Strategy

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Banc De Binary is a Cypriot enterprise specializing in binary options (also known as fixed return options) on assets including commodities, stocks, indices, and foreign exchange. The company operates an online trading website through which customers can buy or sell binary (“call” or “put”) options, predicting whether the price of a certain commodity will go up or down in a specific time period.[3] Banc De Binary customers do not execute their trades via a regulated exchange, but are ‘betting’ against the firm itself, and the firm only profits if the client loses.[4][5] Banc De Binary is an associate of Spot Option Exchange which sets the price of the option. The price of the option is not a market price, but is set by Spot Option Exchange itself.[6]

The Wall Street Journal described it as “a website that allows people to bet on the price of gold, oil or stocks”.[7]

The company has a history of regulatory issues on two continents, and was barred from accepting U.S. customers in August 2013 after being charged with several offences by the CFTC and SEC.
Banc De Binary is voluntarily discontinuing its operations in the United States. The United States Commodity Futures Trading Commission and Securities and Exchange Commission have asserted that Banc De Binary is not permitted to offer its binary option products to U.S. residents without registering with those agencies. We are currently in discussions with the CFTC and SEC about these issues, but in the interim, we have discontinued all business with U.S. residents.

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