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BinaryCent Review

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BinaryCent is a Vanuatu-based binary options broker founded in 2017. Cent Projecte LTD manages BinaryCent, which is an umbrella company from the Finance Group Corp. BinaryCent offers binary options, forex, and CFD trading. Their payouts are as high as 95% and the minimum trade size at BinaryCent is the lowest in the industry, being $0,10. 

binarycent-review
  • Regulation: Vanuatu Financial Services Commission
  • Minimum Deposit: $250
  • Minimum Trade: $0.10
  • Bonus: 20-100%
  • Payouts: 95% Max
  • Assets: Commodities, Crypto, Forex, Indices, Stocks
  • Mobile Trading: Yes
  • Withdrawal Processing: 1 Hour
  • Demo Account: Yes
  • US and UK Traders: Accepted

BinaryCent Trading Platform

BinaryCent’s trading platform features real-time charts, tools for technical analysis, economic announcements, and a trading interface. Users can trade options and CFDs on stocks, commodities, cryptocurrencies, and forex pairs via this interface. It is possible to apply long-term, intraday, and turbo trading strategies. 

BinaryCent Regulation

BinaryCent is regulated by the VFSC (Vanuatu Financial Services Commission). BinaryCent focuses on beginner traders with its low minimum trade size of $0,10. BinaryCent has a sister company called BinaryMate. 

BinaryCent App

BinaryCent’s trading app has the same features as the desktop trading platform and is available for both Android and iOS devices. 

BinaryCent Account Types

BinaryCent has different account types available. In the table below you can see what the differences between their account types are.

Bronze AccountSilver AccountGold Account
24/7 live video chat support24/7 live video chat support24/7 live video chat support
1 hour withdrawals1 hour withdrawals1 hour withdrawals
+20% bonus+50% bonus+100% bonus
Demo accountDemo accountDemo account
Copy Trading toolCopy Trading toolCopy Trading tool
Trading MasterclassTrading Masterclass
3 risk-free trades3 risk-free trades
Personal manager

The minimum deposits are $250, $1,000, and $3,000 for Bronze, Silver, and Gold accounts respectively. 

BinaryCent Features

BinaryCent offers copy trading services and organizes weekly trading contests. With these trading contests, traders can win cash, bonuses, and products like the latest iPhone. The copy trading feature allows beginner traders to copy trades made by professionals. 

BinaryCent Bonuses 

New traders receive a welcome bonus from BinaryCent. The height of this bonus depends on the amount deposited. In the table below you can see how much bonus you will get at BinaryCent.

Minimum DepositBonus
$250+20%
$500+50%
$3,000+100%

Bonus rules apply to these bonuses. Traders must turn over three times the bonus amount received to be able to withdraw it. Gold and Silver account holders will receive 3 risk-free trades. 

BinaryCent Assets

Users can trade binary options and CFDs on stocks, forex, commodities, indices, and cryptocurrencies with BinaryCent. There are over 150 trading instruments available in total. 

BinaryCent Deposits and Withdrawals

Users can deposit and withdraw funds with credit cards,  by bank wire transfer, or with cryptocurrencies like Bitcoin, Litecoin, Ethereum, Zcash, and Monero. BinaryCent charges a 5% fee on credit card deposits. All withdrawals are processed within an hour. Users must provide proof of identity before being able to withdraw.  

binarycent-deposit-withdrawel

BinaryCent Customer Support

Traders can reach BinaryCent’s customer support by live video chat, phone, and email. Customer support is available in Chinese, English, and Russian. 

UAE Investors

Traders and investors from the United Arab Emirates can sign up and trade at BinaryCent. Note that all users have to go through a KYC process to be able to withdraw funds from this binary options broker. 

BinaryCent Review – Our Verdict

BinaryCent is a new broker that has the lowest minimum trade size in the industry of just $0,10 and offers a demo account. For this reason, they are well-suited for beginner traders. Their trading platform is easy to use and they offer nice welcome bonuses. We recommend trading binary options at BinaryCent. 


Methodology
The mission of Business24-7 is to provide comprehensive, unbiased ratings and reviews of the best online brokers. Trading platform, fees, mobile trading, payments, assets, regulation, education, and research are all part of our six-month evaluation of a broker’s trading platform. The rating scale was based on thousands of data points that have been weighted into the scoring system. Brokerages were required to fill out a multi-point survey regarding every aspect of their platform. In-person demonstrations and evaluations were provided by the majority of the online brokers we reviewed. Stefan Grasic, along with our team of industry experts, conducted our reviews and developed this methodology for ranking what form is used in online investing.

Disclaimer
All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

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Stefan Grasic (Dipl.-Jur) is the World Wide Director of research for Buisness24-7 and has considerable experience in the financial and investment niche, but also enjoys writing articles for the general readership. Stefan is an active Crypto, Forex and general investment researcher advising blockchain companies at their start up level. He keeps fit by mountain biking, surfing, skiing and lots of other adrenaline sports.

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