June 2015: Based on 3 Traders Court Guilty votes, charges filed by the CFTC, other regulatory warnings, the large number of complaints in the forums and reviews, and the attempted legal blackmail by the CEO, the FPA now considers Banc de Binary to be a Scam.
Banc de Binary is hereby blacklisted by the FPA. The FPA recommends against opening accounts with Banc de Binary. If you have an account there already, the FPA recommends you attempt to withdraw your funds immediately.
January 2016: Cysec has fined Banc de Binary €350,000. CLICK HERE to verify.
May 2015: Banc de Binary Ltd / BDB Services Ltd added to ASICs list of unlicensed companies you should not deal with. CLICK HERE to verify.
May 2015: There is now a second FPA Traders Court Guilty vote against Banc de Binary.
May 2014: The CFTC amended it's complaint against Banc De Binary and added charges against several related companies and the man in charge of BDB, Oren Laurent. CLICK HERE to verify.
April 2014: There is an FPA Traders Court Guilty vote against Banc de Binary.
Oren Laurent, CEO of Banc de Binary has threatened to sue the FPA over content of the forums and reviews. He wants to control what his unhappy clients are allowed to say about him and is willing to use legal blackmail to try to accomplish this.
June 2013: The CFTC filed charges against Banc de Binary. CLICK HERE to read more about this.
Banc de Binary is on the SEC's PAUSE list. CLICK HERE to verify.
Second BBinary Spam Incident
The FPA recommends against dealing with companies that feel the need to advertise in this way.
First BBinary Spam Incident