BBanc claims to be the best FX and CFD broker having manifold investment opportunities and innumerable perks for global traders. Founded in 2005, the forex trading company has evolved to be a secure and advantageous platform for dealing in foreign exchange and contract for differences. It lets you trade in a variety of financial products including gold, silver, global equity baskets, digital assets, and energies among others. The achievements of the company have been appreciated by many recognized financial institutions, media houses, and publications. The Ultimate Fintech Awards have also labeled BBanc as the best global broker of the year 2021. Here we have reviewed BBanc and highlighted the perks and perils of dealing with this company. Check out the detailed analysis of the global trader and its offerings, so you could have a better understanding of the forex and CFD broker.
Products of Forex and CFD Broker
BBanc deals in a vast variety of financial products that are not limited to foreign exchange and contract for differences. The company offers thousands of instruments to trade in the global financial market. It includes but is not limited to equities, silver, gold, currency pairs, energies, digital assets, and global equity baskets. There are over 55 currency pairs including major, exotic, and cross currency pairs.
What are the Pluses of Dealing with BBANC?
The foreign exchange and CFDs broker has been providing exceptional trading opportunities to its clients for so long. The unique trading accounts, security o funds, easy withdrawals, tightest pricing, and exceptional customer services give BBanc’s clients a great trading experience.
Trade Over 20 Thousand CFDs
The forex trading company lets you deal in more than 20 thousand market CFDs. You can trade over foreign exchange, shares, commodities, digital assets, energies, equities, and metals including silver and gold.
Zero Commission Trading
If you are searching for commission-free forex trading platforms, BBanc is a great option. You can enjoy great leverage and the tightest pricing without an exchange of commission or any other fee.
Free PAMM, MAM Accounts
Multi-Account Manager (MAM) and Percentage Allocation Management Module (PAMM) are among the most efficient and profitable accounts used in forex and CFDs trading. These accounts let you manage multiple trading accounts from a single account. BBanc lets you have free MAM, PAMM, and various other profitable accounts including VPS, API, and EA.
40+ Industry Awards
The forex broker has been appreciated by several publications, media organizations, and financial institutions for its achievements and customer-friendly services. It has received over 40 industry awards including the best FX and CFD broker of 2021.
Security of Funds
BBanc provides security of funds through guaranteed withdrawals, settlement facilities, and segregated client accounts. Moreover, the company flaunts paid-up capital of more than 322,000,000 USD.
The company has made fund withdrawals hassle-free, efficient, and guaranteed. It delivers the ultimate security and expediency to customers letting them withdraw funds without any delay.
BBanc is one of the leading foreign exchange brokers functioning on a global level. The company has a network of over 20 workstations in different countries and it coordinates with major financial hubs all across the world. It also uses affiliates to deal with international clients.
Multilingual Customer Service
No matter where you are from the multilingual customer service of BBanc lets you get support and answers your queries most effectively.
Various Liquidity Providers
By dealing with BBanc, you can have various liquidity providers including but not limited to Bank of America, Citizens Bank, Danske Bank, Bank of Ireland, Bank of China, and Bank of Scotland.
What are Minuses?
Though dealing with BBanc is considered secure and efficient but there are certain risks associated with trading FX and CFDs. You must be vigilant about these perils to having a better trading experience.
High Risk Investment
There is no ambiguity that trading forex and contract for differences is not without risks. BBanc itself alerts its investors about the risks associated with investing in foreign exchange and CFDs.
The forex trading company has certain conditions to deal such as the minimum deposit amount, margin requirements, stop-out level, maximum open positions, maximum lots, etc.
The Bottom Line
BBanc is found to deliver exceptional trading opportunities for every trader. The global presence, a vast variety of financial products, effortless withdrawals, and security of funds are some compelling reasons to deal with this company. However, be vigilant about the high risk investment as trading forex and CFDs may not be suitable for all.