This comparison guide helps individuals who have a hard time to choose between Alpari and BinaryCent to discover the best online broker for their trading and financial investment requirements. It evaluates the main features of the two brokers alongside to assist users compare their service and make an educated decision.
To assist individuals select the right broker in between Alpari and BinaryCent to locate the best-suited system, listed below is a list of broker’s advantages and disadvantages, followed by a contrast of their main trading features, including trading systems & tools, fees, mobile trading, down payment & withdrawal, assets, law, and client support.
Alpari vs. BinaryCent: Summary
Alpari is a financial brokerage company founded in 1998. The broker is not regulated, and is therefore not considered safe. Users have access to multiple assets including stocks (600 US stock CFDs), forex (46 + forex pairs), commodities and indices.
Alpari’s trading platform has over 60,000 users and is compatible with MetaTrader 4 and 5.
Alpari offers commission-free CFD trading and charges forex spreads from 1,2 pips EUR/USD. Traders can receive up to 20% cashback on paid spreads and commissions through Alpari’s loyalty program.
Alpari’s customer support is available by email (support@alpari.com), phone (+442 080 896 850), and via live chat in Arabic and English.
BinaryCent is a binary options broker based in Seychelles. It is not licensed by any financial authority and is not considered safe. It provides access to 26 forex pairs and binary options on stocks, indices, cryptocurrencies, and commodities. New traders can receive deposit bonuses from 20% to 100%, depending on the height of their initial deposit.
BinaryCent pays up to 98% profit margin on correct binary options predictions. The broker’s trading fees and commissions are already built into the spread. Non-trading fees include 5% Visa transaction fees and currency conversion fees. Users can deposit and withdraw cryptocurrencies.
BinaryCent’s customer support is available through email, phone (+18299476391), live chat, Instagram, and X in Arabic and English.
Pros
- Access to over 600 US stock CFDs and 46 forex pairs
- Commission-free CFD trading
- MetaTrader 4 and 5 compatibility
- Low (floating) spreads from 1,2 pips (EUR/USD)
- PAMM account availability
Cons
- Has a history of insolvency
- No valid trading licence
Pros
- Access to 26 forex pairs and over 100 binary options
- Orders from $0,01
- High payouts of up to 98%
- Cryptocurrency trading, deposit, and withdrawal options
- Responsive and multilingual customer support
Cons
- Algorithmic trading is not available
- No ladder, one-touch, or other advanced options
- Minimal educational material and research
Key features
- Zero commission CFD trading
- Low minimum deposit ($100)
- Access to PAMM services
- Support for MetaTrader 4 & 5
- High-quality market analysis and research
- Over 600 CFDs and 46 forex pairs
Key features
- Wide range of binary options on stocks, indices and cryptos
- Up to 98% payouts
- 24/7 multilingual support in Arabic and English
- Guaranteed withdrawals processing within 1 hour
- Wide range of deposit and withdrawal options
- Broker-guided trading
Alpari vs. BinaryCent Comparison
Select up to 3 Brokers
Alpari
BinaryCent
BROKER COMPARISON
Trading Platform & Tools
Automated Trading | ||
Charting Tools | ||
Conditional Orders | ||
cTrader | ||
Demo Account | ||
Desktop Platform | ||
Max Leverage | 1000:1 | 500:1 |
MetaTrader 4 (MT4) | ||
MetaTrader 5 (MT5) | ||
Mobile Version | ||
Mutual Fund Management | ||
Proprietary Platform | ||
Social/Copy Trading | ||
Trading Alerts | ||
Trading signals | ||
Watchlist | ||
Web Version |
Fees
Withdrawal Fee | 0-2% | 5.00% |
Deposit Fee | 0 | 5.00% |
Inactivity Fee | $5 after 6 months | 0 |
Cost Per Trade | 0 | 0 |
Cost Per Month | 0 | 0 |
Forex (EUR/USD) | 0.4 | 0 |
Stocks & ETF | 0 | 0 |
CFD (Gold) | 3.3 | 0 |
Crypto | 0 | 0 |
Options | 0 | 0 |
Conversion Fees | 0 | 0 |
Misc. Fees | 0 | 0 |
Overnight Fees |
Deposit & Withdrawal
Minimum deposit (in UAE) | $5.00 | $250.00 |
Bank Wire | ||
Credit/Debit Card | ||
Cash | ||
Check | ||
Islamic Account Transfer | ||
E-payments | ||
Paypal | ||
Skrill | ||
Neteller |
Assets
Shares | 0 | 0 |
ETF & Funds | 0 | 0 |
Crypto | 0 | 0 |
Commodities | 0 | 0 |
Indices | 0 | 0 |
Options | 0 | 0 |
Futures | 0 | 0 |
Bonds | 0 | 0 |
Forex Instruments | 61 | 0 |
CFD Indices & Funds | 20 | 0 |
CFD Stocks | 600 | 0 |
CFD Commodities | 8 | 0 |
CFD Crypto | 0 | 0 |
CFD Bonds | 0 | 0 |
Binary Options | 0 | 100 |
SWAPS | 0 | 0 |
Saving Plans | 0 | 0 |
Research & Education
Webinars | ||
Educational Resources | ||
Daily News Updates | ||
Market Indepth Analysis | ||
Pers. Training & Room | ||
Market Research |
Customer Support
Phone | ||
Live Chat | ||
24/7 support | ||
Multilingual | ||
Personal Account Manager |
Winner
Alpari vs. BinaryCent Comparison Conclusion
The results of our comparison of Alpari vs. BinaryCent are involved the table below.
Broker: | Best For: |
Alpari | Trading with multiple assets and PAMM investment services |
BinaryCent | Binary Options Trading |
Selecting the right option in between Alpari and BinaryCent can be challenging. Both on the internet brokers have similarities but differ pertaining to trading tools, systems & applications, policy, down payment & withdrawals, and research study and education and learning. Choosing the very best broker depends on users’ trading & investment goals, specific preferences, and experience level.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.