There are many brokers out there, but unfortunately, not all deal honestly and Banc de Binary is a perfect example of that. Yes, they are registered, they are regulated and SERIOUSLY fined several times , and have plenty of positive reviews out there.

In fact, I was considering a positive review and actually trying them out, but decided to dig deeper and further than the 10 pages of paid positive reviews. What I found was rather unnerving and very shady.

Well, they claim that they were founded in and that they offer the most secure trading, only there is conflicting information all over the internet about when they were really founded, when they were registered, and exactly who they are. Located in Cyprus, run by CEO Oren Laurent, the company has been around for some time, but the question is how honest are they really? Everything on there seems legit right?

I mean, they have done their homework, really put in the work and the invested money to keep reviews clean, and ignore complaints completely in hopes they will simply go away. Have I traded with Banc de Binary? Wont trade with them either.

I focus on getting as much information on a broker or a software before I even touch it or consider it.

Initially they really do look legit, and though they are registered and in terms they really are legit, they do have some very tricky ways to get you to invest and prevent you from withdrawing your funds. At first they seem quite impressive until you decide to look into it.

Yes, they have received some of these awards, but I have yet to find one that is really serious. Take IAIR Awards they received, one in and one in They seem very legitimate and trustworthy right? The only mention of them anywhere is basically when other similar companies have used this award to try and seem more trustworthy.

They throw in awards for real companies that people trust and hope the rest that are given receive the same attention.

The quotes in their Press Review page are all fake and if you do a search in any of the media outlets claimed to make statements about them, they simply do not exist.

These are just the most legitimate looking awards. The rest are completely made up websites that give completely made up awards that have no meaning and absolutely no control or means to actually rank except the kind of money they receive to advertise. From the looks of it, their prior customers are NOT happy at ALL about their customer service.

I will quickly touch upon this, but I do believe that this is actually the key problem with this broker. We all know that brokers like to give bonuses right? Legitimate brokers give you plenty of information and are transparent about their bonuses.

With these guys, aside from a warning that there is a trading turnover, they mention nothing about what this trading turnover is, the terms or anything concerning bonuses.

There is a link in the Trading Bonuses page where at the very bottom in very tiny font you are given the trading turnover warning and a nearly invisible link to the Bonus Terms and Conditions. Only, when you click it you are taken back to the homepage. No detailed information is noted anywhere in the official Terms and Conditions in the website either. There are pages upon pages of people discussing and complaining about these guys.

I am not talking about complaints, I am talking about a LOT of complaints with details and real information about how people have been robbed. A quick look at a Banc de Binary search in Forex Peace Army reveals the numerous problems people are having with them.

They have had numerous complaints about everything from unapproved bonuses, impossible withdrawals, unauthorized charges, and people getting their broker accounts suspended for no reason when they attempt to withdraw winnings. Best Binary Options Auto Trading Software — Highly Recommended. They openly harass their traders and lure them into investing more and more money, they ignore complaints and the moment that you have a problem immediate make themselves invisible, and have already been reprimanded several times by CYSEC.

Regardless, more and more complaints are getting to CYSEC and seeing as they are really not improving with their transparency and do not provide any information on their bonuses, or it is VERY well hidden, I think the goal is to fool you rather than provide an honest service.

I am hoping that perhaps after this review their Bonus Terms and Conditions will become available and at least they will make some changes in order to inform future traders so they do not get locked into unsatisfactory situations where they cannot withdraw their money. Really hoping they start answering some of their complaints in Forex Peace Army as well as I think if they really disagree with the complaints we should see their side of it as well as right now, I have yet to see a response from them.

With that said, for now I will NOT be trading with Banc de Binary because I do not feel that they are trustworthy and use shady tactics in order to trick traders and push tactics to convince them to invest far more than they initially planned.

After getting scammed with a Binary Options Trading System I decided to take my experience and do some good with it by sharing my knowledge in order to help others make informed decisions on where to invest their money. I follow the latest software releases and write honest reviews based on my own experience and in depth research revealing the latest scams and possible trusted software that is safe to invest with.

Enjoy my website and please contact me if there is a Binary Options Software you would like me to review. I wrote my first grievances on 6th May under BINADROID. I have my withdawal today at 19 July Well, i believe it my own balance funds. Actually, it is my own deposit which I initially WAS scammed from the GROUP. We need some feedbacks from your good or ugly experiences of other in this website.

Anyhow, I would agree with Anna on her warning. She is the first person who wrote a warning message in the internet. Good work Anna, Thank you. I sync with you. Maybe ANNA, Can Give me a COLUMN or A LINK to my WARNINGS. BINARY OPTIONS IS A SCAM TODAY.

THAT IS A GREAT RED FLAGS. Anyway, I just wanted to warn those who are new or those who have some experiences and failed totally. First, if a binary options software is being released to the public, please beware of the following.

They will STATE or ASSURE you the software if free to use. You have no CHOICE but to select it. YOU CANT CHOOSE YOUR BROKER. To me, it the third RED FLAG, if the software can generate A FEW THOUSANDS A MONTHS, everybody will stay at HOME and MAKE MONEY, right? This is another RED FLAG.

Banc De Binary Scam Test | Is This Broker Really Legit?

They, the SCAMMER PROMOTES THEM WHEN THEY ARE HOT FROM THE OVEN. Another thing which you can notice, is that how come they can SHOW YOU with YOUTUBE Videos that have PROOFS. It is easy, they just show you THE WINNINGS VIDEOS THEY HAVE MAKE AND HAVE, let say 4 ITM and 1 OTM. They definitely make a few videos a day, And those that that they show is Averagely 4 ITM.

They make a few Videos a day. The OTM, is nothing to them, since they earn more in PROMOTING THE SCAM SOFTWARE. That is another RED FLAG. I can contribute further.

But as today, BINARY OPTIONS is OFF from my radar. Hope Anna can come out with something. But it is hard work on ANNA. May God guide you and at the end you guided us.

I requested a withdrawal from Banc De Binary which was promptly made. I made the withdrawal because the Binary Option Robot Software through whom I deposited the money suddenly went into problems and are no longer trading. I have therefore praise for Banc De Binary. Dear Dominic Nyirongo, Are you withdrawing from your WINNING or from your BALANCE, this is my question? Where to start with BDB…. Liars, cheats and crooks are correct.

Rookie mistake I now recognize. I was taken from senior broker to senior broker after consistent loss patterns. Took my account to 91k and in one trade session lost it all through their trade recommendations and signals. On the surface you seem to be genuinely concerned over the welfare of traders both new and seasoned. However, You have scam alerts to Banc De Binary and promote Binary Option Autotrade. Binary Option Autotrade has BDB listed as one of their trusted brokerages. Can you explain the contradiction?

Not being an ass here, just cautious. On other sections of your blog you rip into Michael Freeman yet are headed down the same path. Sorry to hear about your experience with Banc de Binary, I have hear a lot of bad things about them but they seem to be everywhere. I am actually very happy you brought up the fact that Banc de Binary are one of the brokers that Binary Option Auto Trade system use. I have actually put in a warning in the review noting that they work with them and are the one broker that they work with that I do not approve of.

Though I did not attempt to try and change my broker when I signed up with them, I do believe that there is an option to change your broker with another one from their list of brokers. I stand by my review that I do not trust Banc de Binary and that I believe they are crooks and should be avoided and made sure to underline that in my review of the software in case anyone signs up and gets them assigned as their broker.

I try and keep things as honest and open as possible, questioning review sites such as mine and the numerous others out there is the first step to staying safe online and not getting scammed. Thanks again for the great question and hope you have better luck with your trades in the future. First of all thank you for the time which you are selflessly dedicating to all of us out there. I have found myself into financial difficulties and that is what have made me turn to the Internet.

This was during the past month. However, having said that, I still have self esteem and I was never ready to end up a victim because of being vulnerable. This led me to search night and day for trading software which can help me get some cash. Charity begins at home, is it so now? In due course I have grown sceptical both of Mike Freeman, his group and the people assisting him, that is, Jacob Jones who owns the objective binary options website and his wife Anna Jones. I have also met with the BO Sheriff, BO Watchdog and Quintup, BO Army and Elite BO, all being review websites.

I have tried to register for binadroid after discovering that all these review sites give their thumbs up. However it seems that someone have hacked the platform. Moreover when I managed to register, I was immediately led to the AA Option platform and was later contacted by telephone so that I would make my initial deposit. I have also been lied several times by Banc de Binary: To tell you the truth I am going to try and do just that. I still need to learn programming through JAVA because I only know how to use Quick Basic which is now obsolete.

If I do manage to come up with a software and given that I would remain seeing this website as genuine, I would like to hand it to you. I would not tell you anything about the ITM. I respect your intelligence and that you would know exactly what to do to come up with the value. If it works I would like to give it to all those in need to use it. They would download it and then use it. If it works, then the market is large enough so that everyone can win and be happy. That is my goal.

Thank you for listening Anna and sorry that my message is so long. Ony, Please take back your money as soon as possible, Banc De Binary are cheaters, you will get to know when you try to withdraw money, do not agree for trading if they ask you to trade and then withdraw, they will make your account zero and ask you put more money to take it back, I have lost 15, USD and have filed a case against them.

I recently got sent this post and I thought that I should share it. I have learned my lesson and STUPID of me to believe in them. Well you have beaten me to it. Today I got scammed out of ALL my cash, so I started a blog and found yours during my research.

Similar vibes, but your blog has obviously been around a while so you have more content.

All Binary Options Scams!!! | Binary Options Watch Dog

I have added you to my blogroll so that my visitors can find your site too. Banc de binary is definitely a scam. I was then transferred to another broker who said that in order for me to to have my money back they would have to deplete my bonuses which they proceeded to do and depleted my account and asked me for a further deposit which then was then used to recover the lost ,money. They refused and continued to ask me to trade and lost most of my money.

When they had lost most of money as recovery broker called me and tried to pressure me into investing more to revover what was lost as he would now offe me a uperior service. I reistsed and then another recovery broker called and offered the same service. It is virtually impossible to withdraw your money a they have total control of the release of your money.

Hi Indres, I was also a victim of BDB until I resolved my case…were you able to resolve your issue with BDB, if not you can email me at: Banc De Binary is a total scam. The funny thing that I read about BDB from a news24 article promoting this firm. Just to inform all Banc De Binary has closed last week and will no longer be trading. I know a lot of people who say they are very good with no problems. Your email address will not be published. Leave this field empty. Banc de Binary is a Shady Broker you Should NOT Trust!

Posted on July 14, , By Anna Georgieva. July 19, at 2: July 22, at July 23, at July 30, at 8: July 30, at 9: Hello Robb, Sorry to hear about your experience with Banc de Binary, I have hear a lot of bad things about them but they seem to be everywhere. July 30, at Hello Anna, First of all thank you for the time which you are selflessly dedicating to all of us out there. August 2, at September 21, at 8: October 30, at November 1, at November 16, at 4: November 21, at 9: December 26, at 7: February 13, at Regards, Clarence South Africa.

January 7, at 9: January 22, at 3: Leave a Reply Cancel reply Your email address will not be published. Top Auto Trading Robot. Suggest Topic For Review.

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