www.bancdeoptionsteam.com has been flagged by AMF (France) for "Unauthorised". Category: Forex This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.bancdeoptionsteam.com.
I had a dispute with www.bancdeoptionsteam.com 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: Wide product range|Multi-currency support|Educational resources
Cons: Research section could be deeper|Alert system is basic
I signed up with www.bancdeoptionsteam.com through my accountant's suggestion and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Multi-currency support|Smooth onboarding|Two-factor authentication|High security standards
Cons: Limited ETF selection|Minimum deposit could be lower
The hidden fees at www.bancdeoptionsteam.com are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Segregated accounts|Regular updates|Risk management tools|API access
Cons: Search feature is basic|Help articles are sometimes vague
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. www.bancdeoptionsteam.com said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Market news feed|Competitive fees
Cons: None so far
I closed a profitable position at www.bancdeoptionsteam.com and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Risk management tools|Clear documentation|Customizable dashboard|Regular updates
Cons: Slow to add new assets|Limited demo account features
www.bancdeoptionsteam.com advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Two-factor authentication|Educational resources
Cons: Wait times can be long during peak hours
The platform at www.bancdeoptionsteam.com is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for about three months of dealing with this, I have had enough.
Pros: Multiple order types|Fast deposits
Cons: Some tools only available on higher tiers|No live chat on mobile
I had high hopes for www.bancdeoptionsteam.com through a podcast recommendation, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Responsive team|Tax reports included|Transparent fees|Economic calendar
Cons: Nothing significant
I wanted to transfer my portfolio from another broker to www.bancdeoptionsteam.com. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Detailed reporting|Dividend tracking|Quick verification
Cons: Charting tools need more indicators
www.bancdeoptionsteam.com changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Social trading features|Fast support response|Easy to use platform
Cons: Search feature is basic