BinaryCent vs. XTB Comparison

This comparison guide assists individuals who have a hard time to pick in between BinaryCent and XTB to locate the very best online broker for their trading and financial investment demands. It analyzes the highlights of the two brokers alongside to aid individuals compare their service and make an educated decision.

To help users pick the ideal broker between BinaryCent and XTB to find the best-suited platform, below is a listing of broker’s pros and cons, adhered to by a contrast of their main trading features, consisting of trading systems & tools, charges, mobile trading, deposit & withdrawal, possessions, policy, and customer assistance.

BinaryCent vs. XTB: 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.

XTB logo

XTB is an international multi-asset broker founded in 2002. It is regulated by two-tier one regulators (the FCA and MiFID) and therefore considered trustworthy. The brokers offers access to 12,000 tradable symbols including 5,400 CFDs on forex, indices, commodities, stocks, ETFs, and cryptocurrencies.

XTB has a proprietary platform (xStation 5) that features extensive trading and research tools including market news, up-to-date price tables, and market calendars. Users can also use various order types and risk management features such as stop-loss orders and negative balance protection. Besides its feature rich proprietary platforms, XTB offers limited MT4 integration.

XTB trading fees are in line with the industry average. They charge an average spread of 0.91 pips (EUR/USD), and also offer spread rebates between 5% to 30% on active trading. XTB also charges inactivity fees of $10/month after 12 months of inactivity.

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)
  • Competitive trading fees
  • Great research and education materials
  • MT4 compatibility
  • Cashback rebates and free paper trading account
  • Feature rich and intuitive mobile app

Cons

  • Only CFD trading
  • Charges inactivity fees

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 12,000 financial instruments
  • Free Stock and ETF trading
  • Daily market analysis videos, price tables, and economic calendar
  • Micro-lot trading available
  • Beginner-friendly mobile app (xStation Mobile)
  • Multi-lingual support in English, Arabic and over 10 other languages

BinaryCent vs. XTB Comparison

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XTB logo

XTB

Open account Read review

81% of CFD retail account lose money

BROKER COMPARISON

Binary-cent-logo
XTB logo

Overall rating

2,4/5

3,8/5

Overall rating

2,4/5

3,8/5

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

3.7

See details
Withdrawal Fee 5.00% $0
Deposit Fee 5.00% $0
Inactivity Fee 0
Cost Per Trade 0 0
Cost Per Month 0 €12
Forex (EUR/USD) 0 1.0 pips
Stocks & ETF 0 0
CFD (Gold) 0 1.19 pips
Crypto 0 100 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

2.1

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

2.9

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 57
CFD Indices & Funds 0 37
CFD Stocks 0 1796
CFD Commodities 0 23
CFD Crypto 0 10
CFD Bonds 0 0
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

3.2

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

Customer Support

3.5

4.4

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

Winner

BinaryCent vs. XTB Comparison Conclusion

The outcomes of our contrast of BinaryCent vs. XTB are wrapped up in the table below.

Broker:Best For:
BinaryCentBinary Options Trading
XTBForex and CFDs; Beginners and intermediate traders

Choosing the ideal option in between BinaryCent and XTB can be tough. Both online brokers have similarities however differ regarding trading instruments, platforms & apps, guideline, deposit & withdrawals, and research study and education. Selecting the most effective broker depends on customers’ trading & financial investment goals, private 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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