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 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 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’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.
BinaryCent Account Types
|Bronze Account||Silver Account||Gold Account|
|24/7 live video chat support||24/7 live video chat support||24/7 live video chat support|
|1 hour withdrawals||1 hour withdrawals||1 hour withdrawals|
|+20% bonus||+50% bonus||+100% bonus|
|Demo account||Demo account||Demo account|
|Copy Trading tool||Copy Trading tool||Copy Trading tool|
|Trading Masterclass||Trading Masterclass|
|3 risk-free trades||3 risk-free trades|
The minimum deposits are $250, $1,000, and $3,000 for Bronze, Silver, and Gold accounts respectively.
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.
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.
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.
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 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.
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.