* Based in Cyprus since 2009; Regulated by CySEC, under MiFID rules
Banc De Binary has enjoyed exceptional growth ever since it opened its doors for business in 2009, thanks to its strict compliance programme and ease-of-use platform that has attracted a record 200,000 new client accounts.
The recently launched offices in Limassol that serve as the company’s European headquarters followed the significant achievement to be the first company in this booming industry to meet the strict regulatory requirements of the Cyprus Securities and Exchange Commission (CySEC), a development that brought binary options under the umbrella of the European Union's Markets in Financial Instruments Directive (MiFID).
The license offers an additional layer of transparency, accountability and security to Banc De Binary clients, whose accounts are now covered by the Investor Compensation Fund. Since its establishment, Banc De Binary has created more than 200,000 new client accounts with trading activity on an international basis.
The company has a prime position as the industry leader, offering quality binary options services and constantly working on improving its products and services. The global enterprise is led by founder and CEO Oren Laurent, a continuously driven individual, a leading authority and pioneer on binary options.
His strategic thinking has led to Banc De Binary receiving numerous achievement awards from various financial organizations including the World Finance 100 award at the London Stock Exchange. Leaving nothing to chance, Laurent enhanced his new company base in Cyprus with sharp, talented and progressive individuals to carry on and further the company’s vision.
Leading the European Headquarters as General Manager is Roy Ogen, an individual with decades of experience in markets around the world in forex, binary options as well as marketing and management. Ogen is in charge for the diverse departments of the EU Headquarters, including Banc De Binary's Account Managers, Customer Service and Communications.
Speaking about this new venture, Ogen said: “Europe is very much a big part of our strategy to expand and bring growth to a market that has seen stagnation in traditional trading instruments”.
A vital part of the company’s strategy is the ongoing direct and comprehensive communication that it implements. The communications team for Cyprus is led by Sarah Fenwick who is the company’s Director of Communications. Fenwick has a diverse background in financial services, the arts, journalism and media.
The ultimate goal, as Fenwick mentions, is to “educate the public about binary options and continuously demonstrate Banc De Binary’s expertise and experience in this new industry”.
Banc de Binary has a very active presence in social media and other more traditional media like newsletters, blogs, educational videos, etc., through which the company informs traders about binary options.
What are Binary Options?
Binary options - also known as Fixed Return Options (FROs) - differ from traditional investments in that investors are only required to correctly predict the direction of an asset movement in order to complete a successful trade. With binary options there are generally only two possible outcomes: “Up” or “Down”.
To find out more about Banc de Binary or to open an account visit the company’s website www.bancdebinary.com .
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