BinaryCent vs. Next Markets Comparison

This comparison guide assists users who have a hard time to pick in between BinaryCent and Next Markets to find the best online broker for their trading and investment demands. It assesses the highlights of both brokers side by side to assist individuals compare their solution and make an educated choice.

To help customers pick the right broker between BinaryCent and Next Markets to discover the best-suited platform, listed below is a list of broker’s pros and cons, complied with by a contrast of their main trading functions, including trading platforms & tools, fees, mobile trading, down payment & withdrawal, properties, guideline, and client support.

BinaryCent vs. Next 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.

Next Markets logo

Next Markets is a multi-asset CFD broker based in Germany. It is regulated by the MFSA and is considered safe. The broker allows users to trade over 7,000 stocks, 1,000 ETFs, and CFDs on cryptos, forex, commodities, and bonds.

Next Market’s fees are below average compared to similar brokers in the industry. They charge 0% commission on stock and ETFs and low fees on CFDs. Forex spreads start from 0.6 pips (EUR/USD). The broker does not charge any withdrawal on inactivity fees.

Next Market’s customer service is available from Monday to Friday from 09:00 to 18:00 by email and phone (+49 221 98259 007).

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 ($0)
  • 0% commission stocks and ETFs
  • Low spreads from 0.6 pips (EUR/USD)
  • Free trading signals
  • No hidden commissions or non-trading fees

Cons

  • Algorithmic trading is not available
  • Limited advanced trading tools and features
  • No demo or Islamic swap-free accounts are available

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 8,000 financial instruments
  • Broad range of deposit & withdrawal methods
  • User friendly mobile app
  • Competitive trading fees, spreads, and commissions
  • Beginner friendly trading tools and features
  • User friendly mobile app

BinaryCent vs. Next Markets Comparison

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Next Markets logo

Next Markets

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56.65% of retail CFD accounts lose money

BROKER COMPARISON

Binary-cent-logo
Next Markets logo

Overall rating

2,4/5

3,5/5

Overall rating

2,4/5

3,5/5

Trading Platform & Tools

1.5

2.4

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

4.3

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 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

3.8

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

3.5

3.8

See details
Minimum deposit (in UAE) $250.00 $0.00
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

1.8

2.5

See details
Shares 0 7000
ETF & Funds 0 1000
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 1000
CFD Stocks 0 7000
CFD Commodities 0 0
CFD Crypto 0 0
CFD Bonds 0 0
Binary Options 100 0
SWAPS 0 0
Saving Plans 0 0

Regulation

1.0

5

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

1.0

1.8

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. Next Markets Comparison Conclusion

The results of our comparison of BinaryCent vs. Next Markets are wrapped up in the table listed below.

Broker:Best For:
BinaryCentBinary Options Trading
Next MarketsStocks and ETF trading and investing

Choosing the appropriate option between BinaryCent and Next Markets can be challenging. Both on-line brokers have similarities however vary relating to trading tools, platforms & apps, regulation, deposit & withdrawals, and study and education. Selecting the very best broker depends on individuals’ 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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