Banc de Binary Deposit
We have found out that Banc de Binary has shut down their operations.
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Most people are well aware that online binary option trading websites handle a lot of financial transactions; they are not that much dissimilar from a real bank in that way. As with all banking type transactions, a client first has to establish their self as a member of the bank by making a deposit into an account. It is no different when you sign up with the online binary options broker Banc de Binary.
A quick Overview of Banc de Binary’s Deposit
Here is a little information about Banc de Binary’s Deposit. As with all internet based binary options brokers, there is a minimum deposit required to open up an account with Banc de Binary. As of this writing that amount was $250. A person needs to be 18 or older in order to open an account with them. Once they make their deposit, they will then be able to access all the features and tools of the website and begin.
One of the nice perks with Banc de Binary is they will offer their traders a nice sign up bonus; the amount of this bonus is commensurate with the amount of the deposit. Most initial deposits over $2500 will result in you getting a 100% sign up bonus.
There are requirements that must be met before an investor can withdraw any of that bonus; usually it requires to have done 30 times the initial deposit in trades.
The Micro Savings Account
Banc de Binary’s basic deposit account is the ‘micro savings account’. It is a great way for inexperienced binary options traders to get started. It requires a minimum deposit of $250 and is for those that open their deposit account with $2500 or less.
The Gold Account
Next in line is the Gold account which requires a minimum deposit of $2501. This is for veteran traders who are still learning the ropes of binary options trading. It has a maximum deposit level of $5000 and comes with a 100% sign up bonus.
The Personal Broker Account
There is also a Personal Broker account; this has a minimum deposit of $5001 and a maximum deposit of $50,000. It is a deluxe package account which comes with several tools, features and options that are not available at the lower level memberships. This is for traders who are very experienced and have a high level of knowledge when it comes to placing binary options trades.
The VIP Trading account
The highest level account on Banc de Binary is the VIP Trading account. It requires a minimum deposit of $50,001 and includes all the benefits of the other membership levels plus more. It is for the ultra-serious, ultra-experienced binary options trader.
Once a trader makes their initial deposit, then they can start placing their trades as soon as they are comfortable with the website.
Have you tried automated trading yet?
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References and Further Reading:
1. The Forex Options Course: A Self-Study Guide to Trading Currency Options (A Cofnas – 2008)
2. Options on maxima, drawdown, trading gains, and local time (P Carr, LP Bloomberg – preprint, 2006)
3. Options Trading Volume and Stock Price Response to Earnings Announcements (Charles J. Corrado, Cameron Truong – 2009)
4. A genetic programming model to generate risk-adjusted technical trading rules in stock markets (A Esfahanipour, S Mousavi – 2011)
5. Foreign Exchange Operations: Master Trading Agreements, Settlement, and Collateral (DF DeRosa – 2013)
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