BinaryCent vs. FP Markets Comparison

This comparison overview helps customers who battle to pick between BinaryCent and FP Markets to discover the best online broker for their trading and investment demands. It examines the highlights of the two brokers side by side to aid users compare their service and make an informed decision.

To help individuals choose the appropriate broker in between BinaryCent and FP Markets to discover the best-suited platform, below is a list of broker’s pros and cons, complied with by a comparison of their main trading functions, including trading platforms & tools, costs, mobile trading, down payment & withdrawal, properties, law, and client support.

BinaryCent vs. FP Markets: 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.

FP Markets logo

FP Markets is a multi-asset broker regulated by two tier-one regulators (the CySEC and ASIC). It offers access to over 10,000 tradable symbols across a variety of markets including forex, shares, commodities, cryptocurrencies and CFDs. FP Markets charges low spreads from 0.1 pips (EUR/USD) on their cTrade and MetaTrader accounts without any commission. The broker also offers negative balance protection, up to 30:1 leverage and access to a free NY4 VPS server.

The minimum deposit at FT Markets is $100. Their customer service is available 24/7 by phone, email and live chat.

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 ($100)
  • Low spreads from 0,0 pips EUR/USD
  • Compatibility with MT4, MT5 and cTrader
  • Free VPS server
  • Fast account opening

Cons

  • Only CFD and forex trading
  • Demo account is not unlimited

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 10,000 tradable symbols (CFDs on forex, stocks, ETFs..)
  • Compatibility with MT4, MT5 and cTrader
  • MAM/PAMM accounts availability
  • Islamic account availability
  • Excellent copy trading features (Myfxbook Autotrade)
  • Wide range of advanced trading tools (Autochartist, Traders Toolbox)

BinaryCent vs. FP Markets Comparison

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FP Markets logo

FP Markets

Open account Read review

75.31% of retail CFD accounts lose money

BROKER COMPARISON

Binary-cent-logo
FP Markets logo

Overall rating

2,4/5

4,3/5

Overall rating

2,4/5

4,3/5

Trading Platform & Tools

1.5

4.2

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 500:1 1:500
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

5.0

See details
Withdrawal Fee 5.00% 0
Deposit Fee 5.00% 0
Inactivity Fee 0 0
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0 $3 per lot per trade + 0 pips
Stocks & ETF 0 0.13 pips
CFD (Gold) 0 0.13 pips
Crypto 0 9.13 pips
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

2.2

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

3.5

3.1

See details
Minimum deposit (in UAE) $250.00 0
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

1.8

3.1

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 63
CFD Indices & Funds 0 14
CFD Stocks 0 9000
CFD Commodities 0 10
CFD Crypto 0 4
CFD Bonds 0 2
Binary Options 100 0
SWAPS 0 0
Saving Plans 0 0

Regulation

1.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

1.0

4.3

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

Customer Support

3.5

4.5

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

Winner

BinaryCent vs. FP Markets Comparison Conclusion

The results of our contrast of BinaryCent vs. FP Markets are wrapped up in the table below.

Broker:Best For:
BinaryCentBinary Options Trading
FP MarketsForex and CFD trading with low fees

Choosing the right choice in between BinaryCent and FP Markets can be hard. Both online brokers have similarities but vary concerning trading instruments, platforms & applications, guideline, down payment & withdrawals, and study and education and learning. Picking the most effective broker relies on users’ trading & investment goals, specific choices, 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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