AvaTrade vs. BinaryCent Comparison

This comparison guide helps users who need assistance choosing between AvaTrade and BinaryCent to find the best online broker for their trading and investment needs. It considers the essential features of the two brokers side by side to help users compare their service and make an informed decision.

To help users select the optimal broker between AvaTrade and BinaryCent to find the best-suited platform, below is a list of broker’s pros and cons, followed by a comparison of their main trading features, including trading platforms & tools, fees, mobile trading, deposit & withdrawal, assets, regulation, and customer support.

AvaTrade vs. BinaryCent: Summary

AVAtrade logo

AVATrade is a well trusted global online broker for forex and CFD trading. Their multi-asset trading platform and mobile trading app enable traders to access 1365+ tradable symbols overall, including 1200+ CFD’s, major currency pairs with low forex spreads and premium options.

Beside their proprietary platform AVAtradeGo and MetaTrader, AVAtrade has great selection of copy trading solutions including ZuluTrade, DupliTrade and AVAsocial.

Account opening is fast, deposits and withdrawals are free of charge. The minimum deposit is $100. 

Choose AVAtrade if you are a beginner or semi advanced forex trader, looking to trade major forex currency pairs, options or CFDs as stocks, cryptos, indices or commodities with premium services.

Binary-cent-logo

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

  • Low minimum deposit ($100)
  • Fixed forex spreads from 0.9 pips
  • Wide range of platforms and third party integrations (MT4, MT5, TradingView)
  • Support for various trading styles

Cons

  • Comparing others relatively few trading instruments are offered; offers Forex, CFDs and Binary Options

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

  • Access to 1250 CFDs and 44 forex options
  • Excellent copy trading features
  • Advanced mobile trading app (AvaOptions)
  • Industry average pricing
  • Perfect for casual and advanced traders
  • Access to the full meta trader suite

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

AvaTrade vs. BinaryCent Comparison

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AVAtrade logo

AVAtrade

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71% of retail CFD accounts lose money

BROKER COMPARISON

AVAtrade logo
Binary-cent-logo

Overall rating

4,9/5

2,4/5

Overall rating

4,9/5

2,4/5

Trading Platform & Tools

4.9

1.5

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 1:400 500:1
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

4.9

4.5

See details
Withdrawal Fee 0 5.00%
Deposit Fee 0 5.00%
Inactivity Fee $50 after every 3 months and $100 after every 12 months 0
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0.9 0
Stocks & ETF 0 0
CFD (Gold) 3.4 0
Crypto 0.35% 0
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

4.9

2.2

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

4.9

3.5

See details
Minimum deposit (in UAE) $100 $250.00
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

4.9

1.8

See details
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 55 0
CFD Indices & Funds 91 0
CFD Stocks 612 0
CFD Commodities 18 0
CFD Crypto 20 0
CFD Bonds 2 0
Binary Options 44 100
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

1.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

5.0

1.0

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

4.8

3.5

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

AvaTrade vs. BinaryCent Comparison Conclusion

The results of our comparison of AvaTrade vs. BinaryCent are summarized in the table below.

Broker:Best For:
AvaTradeForex, CFDs and Options
BinaryCentBinary Options Trading

Selecting the right choice between AvaTrade and BinaryCent can be a tough decision. Both online brokers have similarities but differ regarding trading instruments, platforms & apps, regulation, deposit & withdrawals and research and education. Picking the best broker depends on users’ trading & investment goals, personal 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.

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