Banc De Binary Ltd / BDB Services Ltd has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Contact Persons: Mr David Cooper Mr Jonathan Reed Mr Henry Collins Mr Eric Baker Mr Dean Way Mr Edward West
Phones: 4420 7099 2097
Addresses: Victoria Corporate Suite 108 Premier Building Albert Street Victoria Mahe Seychelles This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: bancdebinary.com.
I had a dispute with Banc De Binary Ltd / BDB Services Ltd and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Intuitive for beginners|Multiple order types|Multi-device support
Cons: No phone support on weekends
The reporting at Banc De Binary Ltd / BDB Services Ltd is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: High security standards|Social trading features
Cons: Withdrawal takes 1-2 business days|Wait times can be long during peak hours
My card was charged twice by Banc De Binary Ltd / BDB Services Ltd on the same day. I had to dispute it with my bank. Banc De Binary Ltd / BDB Services Ltd then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Regular updates|Excellent charting|Multi-currency support
Cons: No crypto staking
I trusted Banc De Binary Ltd / BDB Services Ltd with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Transparent fees|Fast execution|No hidden fees|Detailed reporting
Cons: No integrated tax optimization|Limited social trading features
After spending for the past six months trying to make Banc De Binary Ltd / BDB Services Ltd work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Comprehensive tools|Great customer service|Good mobile app|Segregated accounts
Cons: Help articles are sometimes vague
If you are reading this considering Banc De Binary Ltd / BDB Services Ltd - run. I wish I had read more negative reviews after hearing about them at a conference. I thought the positive ones were real. Maybe some are. My experience over for the past six months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Intuitive for beginners|Segregated accounts|Two-factor authentication|Tax reports included
Cons: None so far|Search feature is basic
After for about five months with Banc De Binary Ltd / BDB Services Ltd, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Fast deposits|Automated trading options
Cons: Onboarding videos are outdated|Could offer more webinars
Where do I even begin with Banc De Binary Ltd / BDB Services Ltd? for a couple of months now of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Responsive team|Multiple order types|API access|Real-time alerts
Cons: Live chat only during business hours|No live chat on mobile
I joined Banc De Binary Ltd / BDB Services Ltd after a friend recommended them and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Smooth onboarding|No hidden fees|Educational resources
Cons: Nothing significant|Withdrawal takes 1-2 business days
Banc De Binary Ltd / BDB Services Ltd seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Copy trading available|Smooth onboarding|Customizable dashboard
Cons: None so far|No crypto staking