BinaryCent vs. Binomo Comparison

This contrast overview helps individuals that have a hard time to select between BinaryCent and Binomo to discover the very best online broker for their trading and financial investment needs. It evaluates the highlights of the two brokers side by side to aid users contrast their service and make an informed decision.

To assist individuals select the appropriate broker between BinaryCent and Binomo to find the best-suited system, listed below is a listing of broker’s advantages and disadvantages, complied with by a contrast of their major trading functions, consisting of trading platforms & devices, fees, mobile trading, deposit & withdrawal, properties, regulation, and consumer support.

BinaryCent vs. Binomo: Summary

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.

Binomo-logo

Binomo is a binary options broker founded in 2014. It is not regulated and, therefore, not considered a safe broker. Their platform allows users to trade binary options on 60+ assets, including stocks, indices, commodities, and cryptocurrencies.

Binomo pays out up to 90% profit margin on correct predictions. The broker charges an inactivity fee of $10 after 30 days of inactivity.

Binomo’s customer support is available in Arabic and English via email (support@binomo.com).

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

Pros

  • Low minimum deposit ($10)
  • No hidden commissions or fees
  • High payouts of up to 90%
  • Multiple account types and bonuses
  • Cashback bonus for VIP members
  • Customer support in Arabic

Cons

  • Minimal trading platform compared to other brokers
  • Lengthy account verification procedure
  • Lacks education and research tools

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

Key features

  • Access to over 60+ binary options
  • Beginner-friendly user interface
  • Cryptocurrency trading options
  • Low minimum deposit of $10
  • $1 min. trade size
  • Multiple payment options

BinaryCent vs. Binomo Comparison

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BROKER COMPARISON

Binary-cent-logo
Binomo-logo

Overall rating

2,4/5

2,2/5

Overall rating

2,4/5

2,2/5

Trading Platform & Tools

1.5

1.4

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 500:1 100:1
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

4.5

4.0

See details
Withdrawal Fee 5.00% 0
Deposit Fee 5.00% 0
Inactivity Fee 0 $30 if no trades after 3 months
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0 0
Stocks & ETF 0 0
CFD (Gold) 0 0
Crypto 0 0
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

2.2

2.2

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

3.5

3.0

See details
Minimum deposit (in UAE) $250.00 $10.00
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

1.8

1.9

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 0 0
CFD Indices & Funds 0 0
CFD Stocks 0 0
CFD Commodities 0 0
CFD Crypto 0 0
CFD Bonds 0 0
Binary Options 100 200
SWAPS 0 0
Saving Plans 0 0

Regulation

1.0

1.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

1.0

1.0

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

Customer Support

3.5

3.0

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

Winner

BinaryCent vs. Binomo Comparison Conclusion

The results of our comparison of BinaryCent vs. Binomo are involved the table below.

Broker:Best For:
BinaryCentBinary Options Trading
BinomoBinary Options Trading

Picking the ideal choice in between BinaryCent and Binomo can be difficult. Both on the internet brokers have resemblances however differ concerning trading instruments, systems & apps, policy, down payment & withdrawals, and research study and education and learning. Selecting the most effective broker relies on customers’ trading & investment goals, individual preferences, and experience degree.

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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