Banc De Binary

Founded in 2009, Banc De Binary established itself as one of the world's largest binary options brokers. The company, with major operations in Israel and a regulatory license from the Cyprus Securities and Exchange Commission (CySEC), offered a web-based platform for retail investors to speculate on the short-term price movements of assets like currencies, stocks, and commodities. Despite its initial success, the company's history is marked by widespread regulatory penalties and allegations of fraudulent practices, including illegally soliciting clients and misrepresenting its services, which ultimately led to its closure in 2017.