BinaryCent vs. OANDA Comparison

This comparison guide helps users who struggle to select in between BinaryCent and OANDA to discover the most effective online broker for their trading and investment requirements. It examines the highlights of both brokers side by side to help customers compare their service and make a notified decision.

To help users pick the ideal broker between BinaryCent and OANDA to discover the best-suited system, listed below is a listing of broker’s pros and cons, adhered to by a comparison of their major trading attributes, consisting of trading platforms & tools, fees, mobile trading, deposit & withdrawal, possessions, regulation, and consumer assistance.

BinaryCent vs. OANDA: 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.

oanda-logo

OANDA is a reputable forex and CFD broker founded in 1996. It is regulated by seven tier-one regulators. [Note: This comparison is based on OANDA Corporation (US division), regulated by the CFTC and NFA. OANDA has multiple divisions with different regulatory bodies and conditions. Please refer to OANDA’s official resources for division-specific details at OANDA Divisions.] Their users have access to approximately 76 tradable instruments, including 68 forex pairs and 8 cryptos via Paxos. [Note: Instrument availability may vary by division.] Traders can choose between a proprietary platform (web and desktop version), MT4. Their trading platform has an intuitive design, offers automated trade execution, and multiple features for algorithmic trading. Market research features are powered by TradingView.

OANDA’s trading fees are above average compared to similar forex and CFD brokers like AvaTrade and Pepperstone. They charge an average spread of approximately 1.4 pips on EUR/USD for their standard account in OANDA Corporation (US division). [Note: Spreads may vary depending on market conditions, division, and account type, including different spreads for standard and premium accounts like Core Spread accounts.]

OANDA’s customer service in OANDA Corporation (US division) is available by email, live chat (chatbot), and phone, with initial filtering by a chatbot before connecting to an agent. [Note: Customer service availability and processes may vary by division.]

  • 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
  • Algorithmic trading is not available
  • No ladder, one-touch, or other advanced options
  • Minimal educational material and research

  • Regulated by six top-tier authorities globally, ensuring high compliance standards.
  • Offers 68 forex pairs and 8 cryptos in OANDA Corporation (US division).
  • No minimum deposit required, accessible for all traders.
  • Provides robust research tools with daily market updates.
  • Supports automated trading via APIs and MetaTrader 4.
    [Note: Offerings and benefits may vary by division.]
  • Standard account spreads (e.g., 1.4 pips EUR/USD) are above industry average.
  • Customer service response times can be slower than expected.
  • Limited product range beyond forex and cryptos in OANDA Corporation (US division).
  • Withdrawal fees apply for bank transfers (e.g., $20 in US division).
  • No MetaTrader 5 access in OANDA Corporation (US division).
    [Note: Drawbacks may vary by division.]

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

BinaryCent vs. OANDA Comparison

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BROKER COMPARISON

Binary-cent-logo
oanda-logo

Overall rating

2,4/5

3,8/5

Overall rating

2,4/5

3,8/5

Trading Platform & Tools

1.5

3.9

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 500:1 1:50
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

3.1

See details
Withdrawal Fee 5.00% $20 + Fee
Deposit Fee 5.00% 0
Inactivity Fee 0 $10 a month after 12 months
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0 1.3
Stocks & ETF 0 0
CFD (Gold) 0 31
Crypto 0 0
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

3.8

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

1.8

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 70
CFD Indices & Funds 0 12
CFD Stocks 0 0
CFD Commodities 0 35
CFD Crypto 0 0
CFD Bonds 0 3
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

3.6

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. OANDA Comparison Conclusion

The outcomes of our comparison of BinaryCent vs. OANDA are wrapped up in the table listed below.

Broker:Best For:
BinaryCentBinary Options Trading
OANDAForex and CFDs

Picking the right option between BinaryCent and OANDA can be hard. Both on-line brokers have resemblances yet vary relating to trading tools, systems & apps, regulation, down payment & withdrawals, and research and education. Picking the most effective broker depends on users’ trading & investment goals, private 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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