The binary options broker Banc de Binary has become a company duly registered and regulated by the CySEC (Cyprus Securities and Exchange Commission) of Cyprus. Thanks to this, this company can operate legally in the 27 European Union countries, including Spain, Germany, UK, France, Italy and others. As a broker regulated by CySEC, Banc de Binary (license number 188/13) must comply with all rules and regulations related with the European Union financial sector, including the MiFID (European Markets in Financial Instruments Directive). The MiFID aims to provide harmonized regulation for financial services across the 30 members of the European Economic Area.
Thus, Banc De Binary has become one of the few binary options brokers are properly regulated, which gives customers greater certainty about the management of their funds and the legality of the practices of the company, especially with respect to their market related services.
You can get more information about Banc De Binary broker and its services through the following general review: