Is this something you have heard of before? Or are banc de binary a legitimate company. This was on a Thursday, and, having told him many times that this was money that I could not afford to lose and that I needed it back by the following Tuesday, he made promises of me being able to withdraw the funds the following Monday.

On the Friday, realising my mistake, I attempted to withdraw my additional funds which had not yet had a bonus applied to them at this point. This I did…and then I heard nothing. On the Wednesday, I restarted the withdrawal which prompted a call from the account manager again suprise, surprise , once again saying that I had to cancel the withdrawal.

I explained at great length that I could not afford to lose the funds and that they were needed to pay bills, etc. Ignoring all of this. This I declined, and said I wanted to go ahead and withdraw my funds. So, I reluctantly agreed, on the condition that I would be able to withdraw my funds the following day. Only two of the five won. And my account manager is now ignoring my calls and emails…suprise, surprise. Basically, my advice is to stay away from Banc de Binary.

The account managers at Banc de Binary:. These account managers are nothing more than salesmen.

BO trading is just a casino anyway. My short history with Banc de Binary started with me getting interested with binary trading from reading an article of an famous Danish and international actor who had made a considerable profit trading binary options.

So I was interested in finding out what it was all about. I googled and read articles and got more interested and was willing to give it a try. I deposited Eur in an account. Almost immediately the phone rang.

Well a month went by before I had time to pursue my interest in binary options and during this time the phone rang at least twice a day same Belgium number. Finally I picked up the phone and talked to an account manager who at first wanted me to explain what I wanted to do and what my expectations were with binary trading and so on and so forth not pushing anything on me for the first 5 minutes and sounding quite interested on my thoughts.

I explained I did not want to become a millionaire over night and just wanted to get the feel of it and see how it went. Then the sales talk started deposit another Eur and then I would get the advise of a pro who knew the business and would most certainly gain some profits. I would most certainly get a bad experience of binary trading as I would lose my investment based on the fact that I had no knowledge of trading.

Banc De Binary Broker Review - Find out What You Can Trade Here

On top of a guarantee that he could quadruple my account in a month. Not that I believed that but double would be nice too in my dreams. So I transferred another Eur to my BdB account. A week went by where no trades were placed. In that case I was sure to earn money as it was also their money.

We would be partners. It sounded to be a good deal and again even though I was more than hesitant I felt that doing this I would gain even more security minimizing the risk of trading.

My bank was reluctant but gave me some slack as I have never borrowed that amount of cash before. I transferred the funds and hoped for the best in hind sight stupid. After about another 5 days and a few lessons I was growing impatient as I really needed to earn some money so as to pay off my debt. The trader finally gave me 3 trades of eur pr trade.

The trades went well 2 won1 lost. We won Eur in 1 day. Wow I could see this was turning out to be a good decision. A great burden was lifted from my shoulders. I already had dreams of sitting on a golden beach somewhere living of the funds generated by BdB.

They gain your trust and then they screw you. The next day the trader fed me 18 trades in short succession all based on good signals from trading central he said.

He told me the market was volatile. Well if you knew that why trade for Christ sake. He would devise a winning strategy so we could regain the losses the following day.

I could have done better just flipping a coin.

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All those promises and it all turned out to be empty words lies. I really wanted to play it safe and have some kind of security unfortunately that did not play out and Banc de Binary ripped me off. They say it is because a client has won a lot of money. I strongly doubt it. I still have Eur on my account and they keep pestering me to trade and win the money back.

Invest more so they can double my funds. Yeah right thanks for nothing.

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I tried to file a complaint to their complaints department. As I suspected no help there.

Nothing to do with them at all. It was my own decision. I had signed a disclaimer saying so. Also I pointed out that they advertised that they were insured.

Could they explain what the insurance covered? Again the complaints department patiently explained that the insurance was for their employers and not clients that had lost their money. Every company has to have an insurance for their employers so why advise it.

My advice would be stay well away from Banc de Binary.

Based on my personal experience it is a total scam. I cannot empathize this strong enough. Go to Las vegas and play the roulette instead at least you will have a ball knowing you are going to loose it all at one point but at least you know. BdB cheat, lie, pester and scam. You will regret it. I have mails, skype conversations the lot to prove what I write is what has happened.

No I am not competition from another trading company trying to give Banc de Binary a bad rep. I had in when my account manager gave 30 trades in 27 minutes and lost over , when she gave them, some I thought were ridiculous. Stay away from these con artists at any cost. NEVER ever accept the trading bonuses as that only means you can effectively never withdraw your cash.

Best Brokers Robots Reviews Scams Forum. Jon Bowker asked 1 year ago. Account Manager , Banc de binary , Banc de binary Scam , Pushy.

Paul answered 1 year ago. The account managers at Banc de Binary: Will say literally ANYTHING and use high pressure sales tactics to persuade you to part with your cash. Are NOT stock market analysts, and know no more about proper trading than you or I do. Ronald answered 1 year ago.

I had exactly the same but told them to get lost when they wanted another Moe answered 10 months ago. Home Best Brokers All Broker Reviews Managed Accounts Compare Brokers Archive About Terms of Use Contact.