AvaTrade vs Banc De Binary: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeAvaTradeBanc De Binary
Licence Score83Very strong—Not rated
Strongest licence 1 Tier 1 ? None on record
Licences on record90
1 ASIC Australia Licensed—
1 JFSA Japan Licensed—
1 CBI Ireland Licensed · Ref C53877—
2 FSCA South Africa Licensed · FSP 45984—
2 KNF Poland Licensed—
2 FSRA (ADGM) United Arab Emirates Licensed—
2 ISA Israel Licensed—
3 CMA (Kenya) Kenya Licensed—
4 BVI FSC British Virgin Islands Licensed—
Founded20062009
HeadquartersIrelandCyprus
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5, Proprietary—
Minimum depositUS$100—
VisitVisit site

Frequently asked questions

Is AvaTrade or Banc De Binary better regulated?

AvaTrade has the higher Licence Score (83 vs 0), based on the number and tier of licences, operating history and public listing.

Which regulators license both AvaTrade and Banc De Binary?

They share no regulators in our database.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.