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Published on April 26th, 2017 | by John Kane

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Broker Review: Option Banque

Broker Review: Option Banque John Kane

Summary: I'm happy with what I've seen from the Banque broker thus far. I will continue to monitor their progress, and hopefully one day add them to the top rated list.

3.8


Today I’m looking at a new binary options broker some of the Binary Today readers have been utilizing lately, Option Banque. The trading platform is intuitive which is in line with their goal as a company to “do away with various complex and confusing means of investing capital and financial markets.” I’m always interested in binary options products and brokers that want to simplify the process and make trading accessible to everyone.

The brokerage is owned and operated by Capital Street BancClear Corporation Ltd, located at Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent, and the Grenadines. You can get in touch with their support via phone, +44-203-80-8585-9 email, support@optionbanque.com, or live chat on the web-site. See all the top rated binary options brokerages here.

Option Banque Review

The Option Banque platform is a lot like other brokers, but there are a few advantages they believe set them apart from the rest of the market.

  • Low Latency Pricing
  • Real Time Charts
  • No Hidden Fees and Commissions

These features ensure that your trades are registered properly, and that nothing strange happens at the beginning, middle or end of your trading experience. The last thing you want to deal with in the binary options market is a brokerage that is using an accurate pricing data, causing you to lose trades when they should have won.

Regulation

The Option Banque brokerage is in compliance with the international business companies act, and are regulated as part of the Capital Street Group. They are audited on a quarterly basis and have to adhere to all the rules and regulations to keep their platform clean and fair. Directly from the website they claim that “all relevant third parties have examined and approved the fairness of our operations, the character of our company’s directors and principals, our compliance with Anti Money Laundering Laws (AML), and our monetary capitalization, to ensure the safety of customers’ funds and public trust.”

Trading Accounts

There are currently 4 different types of accounts traders can register for based on their needs, and the size of deposit.

Power

In order to qualify for the power account, traders can deposit between $200-$999. This provides access to a 20 to 30% bonus, live market news, tutorials, live support, trading guide, educational materials and standard withdrawal processing.

Prime

The prime account is very close to the power account, except it takes between $1000-$4999 to qualify. Traders receive access to everything they would receive in the power account, but also gain access to advanced trading guides, exclusive video and text tutorials, the Ob Bankwire App and some free webinars.

Prive

As I move onto the 3rd account, this is when we are getting involved in more of the heavy hitters. In order to qualify for this account traders need to deposit between $5000-$9999. With this account comes access to a 50 to 70% bonus, a basic account manager, 48 to 72 our withdrawals, all the free webinars and trading signals as well. I still don’t ever recommend utilizing an account manager in binary options trading. There have been too many negative experiences, and there’s nothing that guarantees that your account manager with any binary options brokerage is a talented trader with a proven track record.

Privylege

The last account requires traders to deposit $10,000-$24,999 to qualify and provides a bonus of up to 100%. With the Privylege Option Banque account traders get access to an account manager, a consultant, a welcome gift as well as everything else from every other account type.

Conclusion

The first impressions of the Option Banque brokerage are positive. The emails I’ve received from Binary Today readers are impressive, and the other reviews I’ve frequented back that up. This isn’t the top recommended binary options broker at this point in time, because I haven’t spent enough time utilizing the platform myself.

If you are a client, or you are just interested, please feel free to leave your comments and questions about this brokerage now.

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About the Author

I am a full time binary options trader. I was able to leave my job in the last 5 years and dedicate myself to trading fully. I never thought my hobby and passion would make a living for me but I am grateful every day that it has. My main goal now is to communicate with the binary trading community, contribute to different websites and learn from other traders.

Disclaimer: Binary Today would like to remind you that the content contained in this website is not necessarily real-time nor accurate. Past performance does not guarantee future performance, the above is not indicative and is purely for educational purposes only. Relying on the above for investment, trading or betting in binary options or Forex is not advised unless done so with virtual money only.

Binary Today or anyone involved with Binary Today will not accept any liability for loss or damage as a result of reliance on the information including reviews, recommendations, charts, software, income reports and signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


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