Binarycent Review

Binarycent is a scam or reliable broker? This review will help you find out. It is difficult to find a reliable broker for Binary Options. The variety of offers can sometimes be confusing. It is crucial to ensure that you only work with a reputable and secure broker. Binarycent is a broker that I have reviewed and will provide you with all the information necessary to make an informed decision.

Binarycent quick overview

💻 Trading platformBinarycent has its own website platform and mobile apps for iOS and Android
📊 Types of accounts:Bronze, Silver, Gold, Demo
💰 Currency for account:USD, EUR and CHF. MBT
💵 Deposit/WithdrawalVisa Debit, Visa Electron and MasterCard cards, Cryptocurrencies
🚀 Minimum deposit:250 USD
📈️ Minimum OrderMinimum investment: 10 cents
🔧 Instruments:100+, Forex and Commodities, Stocks and Cryptos
📱Mobile trading:Yes
➕ Affiliate Program:Yes
⭐ Trade featuresCopy Trading
🎁 Bonuses and contests:Yes

(Risk Warning: Trading comes with risks)

What is Binarycent? 

It is essential to understand the details of the brokerage company that is Binarycent. This broker offers binary options, Forex, CFD and Cryptocurrencies. This broker operate under the company name of Wave Makers LTD – Which is incorporated at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960. There isn’t much information available about the company.

These are the unique characteristics of the broker:

  • Withdrawals Within 1 Hour
  • Trading 24 hours a day
  • Data protection at 100%
  • 24/7 customer multilingual support
  • Trades are risk-free and bonus

(Risk Warning: Trading comes with risks)

Conditions and the trade offer

Binarycent allows you to trade Forex, Commodities, Stocks, Cryptocurrencies all from one platform. Mobile trading is also available. There is a wide range of assets and the broker has more than 100 assets. This is a significant advantage over other brokers. You can open an account by making a minimum deposit 250$. The demo account is free.

Binarycent’s greatest advantage is their small investment of 0,1$. This is why they are called Binary-cent. Binary Options allows you to bet on rising or falling markets. Between 80 and 95%, the asset profit is very high. Traders have the option to choose from turbo, intraday and long-term time frames for their trades. There is a wide range of expiry times. The broker’s trading conditions are excellent and they rank well in comparison to other brokers.

You can also trade Forex and CFD through the platform. You can switch between the Forex/CFD platform or the Binary Options platform in just one click. Spreads start at 1.0 pip and maximum leverage is 1:00.

Binary options are risky but you can make high profits with BinaryCent. BinaryCent offers traders the opportunity to profitably trade with more than 100 assets. I have found that trade execution is extremely fast on this platform.

Conditions for traders:

  • High Returns of 80-90%+
  • Free demo account (after deposit)
  • There are many expiry times for binary options
  • Forex, Commodities, Stocks, Cryptocurrencies
  • Binary Options and CFD/Forex platform

(Risk Warning: Trading comes with risks)

Is Binarycent reliable?

Binarycent provides a unique trading platform to its traders. Its structure is transparent and clear. The design is easy to use. The platform is easy to understand for beginners. You can watch videos about trading on the platform. You can also ask for assistance.

Trading View supports the charts. Trading View is a popular market data provider. Traders have the option to customize the chart using indicators, drawing tools and Fibonacci. You can also view the chart in full-screen mode. The trading dashboard is located on the right.

You can forecast the movements of an asset, and trade the way you like with a put or call option. You can select a market to trade from the left side. You can switch between Binay Options or CFD/Forex in just one click. This makes the platform extremely flexible. Binarycent’s trading platform provides all the functions that a trader might need.

Binary Options requires you to forecast the price movements accurately to maximize your asset profit. This could be anywhere from 30 seconds to more. Short-term trading is not recommended for beginners as it is the most difficult way to invest in the market. It is simple. You will only have to risk the amount you bet and receive a fixed return.

How to Use Binarycent

For instance EUR/USD – 95%

If you place a trade with a bet amount of 1000$ and predict the market direction correctly, you will receive a payout of 500.00 in your account. 1000$ profit and the amount of your bet. Trading is free of hidden charges

  • Unique Trading Platform
  • Mobile trading
  • Flexible and user-friendly
  • Copy Trading, Analysis and Signals
  • Transparent trading dashboard

Copy Trading

Binarycent copy trading

BinaryCent makes trading easy for beginners. It makes it simple to learn how to make profit. Copy-trading is the act of copying successful traders. Users can follow as many traders they want, as long as their budget permits. This helps increase trade size for newbies and increases their chance of winning. Always check the expiry time when looking for trades.

(Risk Warning: Trading comes with risks)

Free BinaryCent Demo Account

Demo Accounts are accounts that have virtual money. Trade the markets with no risk. You can trade the markets with real money, but the conditions are identical. You get real-time market data. New traders can start trading in the trading platform at a broker. This is a great way to gain new experience and to decide if you want to trade with the broker again.

BinaryCent provides a Demo Account to all traders who have made a minimum investment of $250. BinaryCent offers a demo account for every trader who has deposited at least 250$.

Demo accounts are the best way for you to learn trading.

Account opening in few steps

Open your account in just 1 minute. All you need is your name, phone number and email address. A picture of your passport will be required for further verification. Verifications usually take less than 24 hours. You will need to have a fully verified account in order to withdraw your profits. However, you can trade without verification. The account opening process is simple and easy to use. For any questions, you can contact the support team 24/7.

Account Types

BRONZE (250$).SILVER (1000$).GOLD (3000$).
Live support available 24/7Live support available 24/7Live support available 24/7
Within 1 Hour, WithdrawalsWithin 1 Hour, WithdrawalsWithin 1 Hour, Withdrawals
Bonus: 20% or MoreBonus: 50%+Bonus: 100%+
Demo accountDemo accountDemo account
Copy trading toolCopy trading toolCopy trading tool
Masterclass (websession)Masterclass (websession)
Trades with 3 minimum riskTrades with 3 minimum risk
Personal success manager

(Risk Warning: Trading comes with risks

Bronze Account

Bronze trading accounts require a minimum deposit of $250. The trader can earn a bonus up to 20%. For someone just starting out, the total amount is $300. This is a huge advantage. BinaryCent accounts allow users to access live video chats and free demo accounts. One-hour withdrawals are also possible.

Silver Account

An initial deposit should be $1,000 for a trader wanting to open a silver trading account. The account comes with a 50% bonus, which gives the trader $1500 to start trading. Users must trade at least 40 times before they can withdraw their first deposit. This account offers several benefits, including a masterclass online, a live chat, an account manager, and three risk-free trading options.

Gold Account

You will need to deposit $3,000. However, the gold trading account offers all the above benefits and more. You earn a 100% bonus. This means you can start at $6,000. BinaryCent will require you to meet the minimum trade requirement in order to withdraw funds from your gold account. It’s a great way to get started, thanks to the huge bonus.

Deposit and Withdrawal

Binarycent allows you to withdraw money and deposit funds quickly. My experience shows that the deposit as well as withdrawal work fast. It only worked with 500$. Deposits can be made with Creditcards, Cryptocurrencies or E-Wallets. There are no hidden charges. There is no hidden fee, a fee of 5% is debited if you make a payment using a credit card. All other payment methods are free of charge.

250$ is a very high minimum deposit. 50$ is the minimum withdrawal amount. Trading with 0.01$ is an option. Binarycent has a variety of payment options and the withdrawal process is very quick. All withdrawal requests are processed by the broker within one hour. If the account isn’t verified, it may take longer. Binarycent also allows you to open a cryptocurrency wallet. This new platform also offers a way to trade cryptocurrencies.

Payment methods

  • Credit cards (Visa/Mastercard).
  • Bitcoin
  • Different Cryptocurrencies
  • Neteller
  • Perfect Money

(Risk Warning: Trading comes with risks)

Risk-free trades and bonus

BinaryCent gives you a bonus deposit and risk-free trades. Your account can be increased. The bonus comes with conditions. The bonus is tied to a turnover of 3x. This small amount can be a huge advantage. Many brokers will offer you a bonus, but you must make a turnover of at least 30 times.

In the gold and silver accounts, risk-free trades are available. Binary Options trades allow you to bet any amount and you can lose the amount you have placed. As a bonus, the loss amount will be deposited.

Your first deposit bonus can range from 20% to 100%. It all depends on how much money you have invested. Your first deposit will get you a 50% bonus, while subsequent deposits will give you a higher bonus. A deposit of 500$ will get you a 50% bonus, while a deposit over 3000$ will get you a 100% bonus. BinaryCent offers better rewards if you trade with them.

Service and support

BinaryCent offers fast support via email, chat, and phone. Video chat is the best way to ask your question. You can connect directly to the support team. The service is fast and reliable. You can reach them by phone or email if you have any questions. You can access the service in six languages, including English, Russian Chinese, Thai and Thai.

  • 24/7 Support via Phone, Email, or Video-Chat
  • Support in different languages
  • This support is very responsive.
SUPPORT CHATPHONE (ENGLISH).EMAIL:ADDRESS:
24/7+1-8299476393support@binarycent.comFinance Group Corp 309&310, Office, Albert Street Victoria Victoria, Mahe (Seychelles)

The BinaryCent conclusion I reached:

Based on my experience, BinaryCent appears to be a legitimate platform for trading Binary Options. BinaryCent is a great broker that offers a great trading platform and high chances of making a profit. Trades can be made with a variety of assets and different strategies.

Trading View, a leader in retail trading, provides market data. A further advantage is the ability to trade with a low investment, such as 10 cents. This makes the broker truly unique.

The customer service is fast and reliable. It is easy to open a new account, withdraw money and deposit funds. It is also important to note that the company has not been regulated. You can try it yourself.

Advantages:

  • Trade only 0,1$ per trade
  • Support available 24/7
  • Profitable assets
  • Highest diversity of assets 100+
  • Flexible trading platform
  • Forex/CFD and Binary Options all in one platform

Disadvantages:

  • There is no regulation
  • After your first deposit, you can open a demo account

BinaryCent’s greatest advantage is its ability to trade with 0.1$. You can also read user reviews about BinaryCent.

(Risk Warning: Trading comes with risks)