Banc De Binary: Set to expand to UK, opens additional bank accounts in the EU

This will make it easier and more convenient for traders to deposit in their own country, or in the most accessible bank for their location. The bank accounts are compliant with EU regulations, and follow the client segregated account rules under the Markets in Financial Instrument Directives (MiFID).

As the first EU-regulated standalone binary options company, Banc De Binary is growing rapidly on a global basis, despite the current economic crisis in the EU.

“The interest from traders in binary options is huge, and yes, I believe we will come through any crisis as a stronger and better organization. The EU may be suffering a downturn now, the crisis has impacted Cyprus, Slovenia, Italy, France, Spain, the UK. But if I’ve learned anything from business, it is that a downturn is always followed by an upturn, and we are ready for this when it happens,“ said Mr. Laurent.

Banc De Binary plans to increase its employees when the time is right, and is aware of the possible opportunity offered by new banking and compliance talent on the market, following the financial crisis in Cyprus’ banking system.

“We are always on the lookout for talented professionals in the financial services sector, who are interested in entering the Binary Options industry, which we expect to see challenging the Forex industry within the next three to four years,” said Mr. Laurent.

Areas of employment include Compliance, Accounting, Broker services and Customer Service, and as the company grows, it aims to increase its workforce according to its needs in each market.