BinaryCent Overview
| Website | binarycent.com |
| Year Founded | 2017 |
| Countries of Registration | Marshall Islands |
| Website Languages | English, Russian, Spanish, French, Thai, Arabic, Chinese, German |
| Regulators | - |
| Broker Type | MM |
| Dealing | B-book |
| Minimum Deposit | $250 |
| Account Currencies | USD, EUR, GBP, RUB |
| Spread | N/A |
| Trading Platforms | BinaryCent |
| Trading Assets | Currencies, Commodities, Indices, Stocks, Cryptocurrencies |
Brief look at BinaryCent
BinaryCent is an offshore binary options broker founded in 2017 and operated by Wave Makers Ltd. It offers a proprietary web-based platform and mobile apps, enabling trades from just $0.10 with payouts up to 95%. Account tiers — Bronze, Silver and Gold — start from $250, include fast 1-hour withdrawals, generous deposit bonuses and optional copy-trading.
Pros
- Low 10-cent minimum trade size
- Payouts up to 95%
- 1-hour withdrawal processing
- Copy-trading and Centobot automation
Cons
- High $250 minimum deposit
- VFSC regulation offers limited protection
- No analytical and educational materials
Is BinaryCent available in my country?
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BinaryCent doesn't accept clients from United States!
Your capital is at risk
BinaryCent Reviews
Binarycent has been a great broker for me. The minimum deposit was low, making it easy to sign up and start trading. I especially love their demo account feature, which helped me get comfortable with the trading platforms before diving into real trading. The withdrawal time has been quick as well.
9/15/2023I’ve had a good experience with Binarycent overall. The app is user-friendly, and I appreciate the variety of account types available. Just wish the login process could be a bit faster sometimes.
8/10/2023Binarycent is decent, but there are some areas for improvement. The leverage options are good, and I like the trading tools available. However, the withdrawal time could be better, and I had some trouble with the download of the app initially. Overall, it’s a solid broker but not without its flaws.
7/20/2023What I appreciate about Binarycent is the ease of use. The demo account was quite helpful for me to learn trading strategies before I started. The minimum deposit is also very reasonable, making it accessible for newcomers to forex trading.
9/5/2023Binarycent has impressed me with their customer service and the range of trading options. The login process is straightforward, and I’ve had no issues with my withdrawals.
10/2/2023Leave a Review
Is BinaryCent regulated?
| Companies | Wave Makers Ltd |
| Countries | Marshall Islands |
| Regulators | - |
| Investor Protection | - |
| Investor Protection Size | - |
| Publicly Traded | |
| Segregated Accounts | |
| Guaranteed Stop Loss | |
| Negative Balance Protection |
BinaryCent Account Types
BinaryCent does not have accounts for CFD trading.
Additional Features
- Demo Account
- VIP Account
- Swap-Free Account
- Copy Trading
- VPS
- PAMM/MAM Accounts
Binary Options
| Account | Binary Options |
|---|---|
| Minimum Deposit | $250 |
| Option Types | Call/Put, Turbo, Range, Touch |
| Minimum Stake | $0.10 |
| Payout | from 60% to 95% |
| Expiration Time | from 15 seconds to 4 hours |
BinaryCent Funding and Fees
| Base currencies | USD, EUR, GBP, RUB |
| Deposit and withdrawal methods | Visa, Mastercard, Perfect Money, Bitcoin (BTC) |
| Inactivity fee | |
| Interest on margin | |
| Withdrawal Fee |
BinaryCent Trading Platforms and Conditions
| Trading Platforms | BinaryCent |
| Execution Speed | 100 ms |
| Scalping | |
| Expert Advisors (EAs) | |
| Depth of Market (DOM) | |
| Spread | N/A |
BinaryCent Trading Assets
| Currencies | 24 |
| Indices | 10 |
| Stocks | 100 |
| Cryptocurrencies | 14 |
| Bonds | 0 |
| Metals | 3 |
| Energies | 2 |
| Soft Commodities | 0 |
| ETFs | 0 |
Education and Analytics
| Economic Calendar | |
| Indicators | |
| Robots | |
| Signals | |
| Autochartist | |
| Expert Analytics | |
| News Feed | |
| Education Articles | |
| Webinars | |
| Seminars |
Broker Bonuses
| Bonus Type | Size | Details |
|---|---|---|
| Welcome Bonus | 20%, up to $2000 | Learn More |
Broker Contests
Demo Contests
| Contest Name | Start Balance | Prize Pool | Period | Details |
|---|---|---|---|---|
| Binary Options Contest! | $100 | $2000 | Weekly | Learn More |
BinaryCent Support
| support@binarycent.com | |
| Phone | +18299476391 |
BinaryCent Alternatives
| Broker | BinaryCent | RaceOption | Pocket Option | Binomo | Expert Option | IQ Option |
|---|---|---|---|---|---|---|
| Type | MM | MM | MM | MM | MM | MM |
| Minimum Deposit | $250 | $250 | $5 | $10 | $10 | $10 |
| Regulators | - | - | MISA | SVGFSA | SVGFSA | CySEC, SVGFSA |
| Platforms | BinaryCent | RaceOption | Pocket Option, MetaTrader 5 (MT5), MetaTrader 4 (MT4) | Binomo | ExpertOption | Quadcode |
| Spread | N/A | N/A | high | N/A | N/A | average |
| Leverage | 1:1 | 1:1 | 1:200 | 1:1 | 1:1 | 1:500 |
| Assets | Currencies, Commodities, Indices, Stocks, Cryptocurrencies | Currencies, Commodities, Indices, Stocks, Cryptocurrencies | Currencies, Commodities, Indices, Stocks, Cryptocurrencies | Currencies, Commodities, Indices, Stocks, Cryptocurrencies | Currencies, Indices, Stocks, ETFs, Cryptocurrencies, Commodities | Currencies, Indices, Stocks, ETF, Cryptocurrencies, Metals, Energies, Soft Commodities |
