Banc De Swiss Review

 

Broker Introduction

In 2011, Banc de Swiss was founded by Keplero Holding Ltd. The same company manages Banc de Swiss, which is a binary options broker, focusing on Italian, German and Scandinavian countries. The headquarters of this broker is located in Nicosia, Cyprus. Banc de binary offers their services in 6 major European languages. The best feature of this broker is the focus they give to the traders. This is the major component of the success of the company since its inception.

General Platform Details

Banc de Swiss uses a 100% web-based trading platform that is powered by SpotOption, which is the leading provider of trading platforms in the industry. The design of the platform is sleek, and navigation is relatively easy. It can be classified as a user friendly platform. The trading platform can be turned into a “Pro Trader” mode, which offers indicators and tools that are normally found in high-end platforms. Furthermore, the platform comes in 6 languages including English, German, Swedish, Italian, Norwegian and Danish. The customer support team also speaks in multi-languages for easy interaction between traders and Banc de Swiss. They are available 24/7 and can be reached through email, phone, live chat and Skype.

Trading Options

Banc de Swiss offers a lucrative payout for successful trades ranging from 65% to 85% of the investment amount. Meanwhile, rebates are also provided to those whose trade ends up out-of-the-money trades that range from 5% to 10%. Payout ratios vary on the trade type that was made. There are also several methods of trading available for the traders. These include the regular binary options trading, One Touch, 60 Sec trading and Pro Trader. Meanwhile, the Options Builder allows traders to personalize their trade to meet their trading requirements. There are around 70 assets from different markets including stocks, indices, commodities and Forex. These assets can be traded in various expiry times ranging from 1 minute to several days.

Financial Details

Banc de Swiss provides many methods of depositing or withdrawing money on trading accounts. Trading can put and get money from their account through international credit cards, wire transfer, Skrill, and other online payment providers. The minimum deposit required on a trading account is $200. The minimum trade size for all types of trade is $20 except for 60 Seconds trade that requires $5 only. The minimum withdrawal amount at Banc de Swiss is $100. However, there is a service charge of $25 for each withdrawal below $500. There are bonuses available to traders, but there are terms and conditions restricting these bonuses.

Summary

Banc de Swiss offers high returns on investments. The trading platform is sleek and very intuitive. Banc de Swiss is also highly recommended for novice traders because the trade size is very minimal. The withdrawal fees are also very minimal. The customer service team is well-skilled and knows how to handle queries and complaints properly.