Binarycent Broker: Legit or Scam? Read Our In-Depth Review
Binarycent
Details
| Broker | Binarycent |
|---|---|
| Website URL | https://binarycent.com |
| Founded | 2017 |
| Headquarters | 2nd Floor, Transpacific Haus, Lini Highway, Vanuatu |
| Minimum 1st Deposit | $250 |
| Minimum Account Size | $250 |
| Minimum Trade Amount | 10 cent |
| Bonus | $500=$1000 |
| Payout | 95 |
| Leverage | 1:100 |
| Spread | N/A |
| Free Demo Account | Open Demo |
| Account Types | Bronze, Silver And Gold |
| Number of Assets | 100+ |
| Expiry Times | From 60seconds |
| Types of Assets | Commodities. Cryptocurrencies. Forex. Market Indices. Stocks. |
| US Traders Allowed |
 |
| Mobile Trading |
 |
| Tablet Trading |
|
| Overall Score | 8 |
Binarycent Review: is binarycent legit or scam? Find out if binarycent is legit by reading our review.
Binarycent is a binary options, forex and CFDs broker. Founded in 2017 by a group of traders with years of experience known as Cent Projecte LTD.
However under the umbrella of the company known as Finance Group Corp. Binarycent operate to offer an investment opportunity with 95% return in 60 seconds.
Binarycent is not regulated by any regulatory agencies, we believe you accept to trade with unregulated broker, if you happen to open a trading account.
Disclaimer: The financial services provided by this broker carry a good level of high risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.5% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Binarycent Full Review
Binarycent is a forex, CFDs and binary options broker that was founded by group of experts in financial securities services.
The binarycent group was established in 2017, though that sounds new but with trained staff members. They have expanded to offer their services worldwide with estimated numbers of over a million users.
BinarCent is operated by Cent Projects Ltd. Located at 309&310 Office, Albert Street Victoria, Mahe, Seychelles.
However, the trading platform is based in Vanuatu. With its head office located at 2nd Floor, Transpacific Haus, Lini Highway, Vanuatu.
Binarycent is a trading post for beginners and advanced traders. However why I like this broker is because of its amazing copy trading tools.
This platform built with a copy trading system that allow amateur traders to copy professional. Above all, with binarycent platform, you can learn to trade by reading their guides.
Binarycent Trading Platform
However in the process of our binarycent review, we took platform as a case study to recommend.
After our compared results including regulation and customer support. We were able to justify the platform offered. The broker offer a competitive non MetaTrader platform.
They offer in house trading platforms for all traders, including copy trading tools.
However they made everything easier for traders by offering additional trading robots that can do the job for you.
The platform offered by the broker is web based trading platform. This makes the finance group unique with this platform. The platform is built with technical analysis and indicators to improve performance.
More-so it’s very easy and fast to use, no further installation or configuration. The trading chart is candle sticks and tick chart.
While they offer trading expiration time from 30 seconds to 30 minutes. However, the option types available is CALL and PUT. the minimum trade is $10. The platform have tubo, intraday and long term.
Binarycent App ios
The platform offered is advanced for mobile app, it’s integrated for the version of Apps on iOS and android.
Therefore, you can download the mobile trading app from Apple’s App Store for Apple user (iOS – iPhone and iPad). However for Android users you can download it from Google Playstore. These are version integrated with intuitive interface.
Account types
The account types offered by binarycent is very competitive. Therefore any trader that can afford $250, can start trading with the broker. There are features available on the other account size, but getting Started wouldn’t be a thing of huge.
- Bronze account: The bronze account is beginner friendly account with minimum deposit of $250. However with this account type you have 24/7 customer support. More-so there is a demo account and bonus is up to 20%. Withdrawal is under 1hour with copy trading.
- Silver account: The bronze account type is for traders who have the experience but don’t have much money to invest. The minimum deposit for silver account is is $1000. However the special features attached to this account are 24/7 customer support. Copy trading tools, demo account and up to 50% deposit bonus. More-so with this account types, you will stand a chance of 3 risk free trade. And finally master class (web session), however withdrawal is in 1hour.
- Gold account: The gold account is the highest of it all. It comes with the best future however the minimum deposit is $3000. Therefore with this account types, you will get personal success manager. More-so you will have 3 risk free trade, 24/7 customer support and demo account. Other features include master class (web session), copy trading and 100% deposit bonus. More-so the withdrawal lent is just an hour or less.
Payment and withdrawal methods.
The broker offer traders multiple payment methods including in cryptocurrencies. However, all transactions are processed in 1hour or less.
More-so, with binarycent platform, you can deposit and withdraw in up to 24 different methods. To mention few, you can deposit via: Mastercard, Visa card, bitcoin althcoin, neteller etc. You can see all available deposit and withdrawal methods here.
Binarycent copy trading
Binarycent broker offer 3 risk free trades for beginners but if you wish not to trade it yourself, you can use their copy trading.
Copy trading is simply to copy the most successful trader and you make trade each time they perform trade. Now binarycent made everything easier by providing the best traders for you to copy.
Therefore to start copying traders, you just need to have a minimum of $250. Then select who to copy, in which after that your trade will automatically start.
Leverage and minimum deposit.
The broker offer leverage up 1:100 to traders, therefore with this, you can maximize your profit. The minimum deposit is $250, while the minimum trade is $10. Binarycent trading volume is large and the trading app is best for for risk management.
Customer Support.
Binarycent offer 24/7 customer support via livechat video, phone calls and email. However their agents are very smart and helpful to trader. You can contact them via +18299476391.
Binarycent login
May be you are not familiar with the trading platform or how to navigate to the login portal. Just follow this simple steps. Click here input your login details, however if you have lost that, just click forgot your password. You can do that by clicking the reset password link below the loging button.
Binary cent Robot
With robot, you can trade with binarycent, in short the broker recommend binbotpro. Therefore, if you don’t know how to trade, you can easily get started with binbotpro.
This robot is designed to trade forex, CFDs, binary options and cryptocurrencies for you. No stress, just connect your account if you want to use it.
Remember, this binbotpro is free, however I think there are other avilable robots. But the recommended robot is binbotpro. More-so, there are other robots recommended, like centobot
Binarycent vs nadex
Between binarycent and nadex, which is better and why comparing the two?. Therefore looking at nadex, we can say that the broker is far older than binarycent.
But to tell you how competitive binarycent platform is, the only broker to compare binarycent is nadex. However we will do that by checking the platform, minimum deposit and trade. More-so we will check customer support and demo
Nadex USA and Binarycent USA.
Binarycent Demo
The trading platform offered by the broker comes with $1000 Fake currency to trade demo. Trying the demo, I noticed that it’s just like trading with the real account.
It have intuitive interface, in fact it carries all the features in the real account platform. With demo account you can trade 60seconds and all the tradable assets available.
Does Binarycent Accept USA.
Do they offer trading service to US traders? The services binarycent offer is not regulated in the United states of America.
Though U.S trader who wish to open account can do it with other brokers. But if you must use binarycent, visit the official website and complete your registration.
Promo Code And Trading Contest.
The broker gives every trader bonus, and as binarycent clients; You stand a chance to participate in their trading contest.
Therefore to get promo code just follow this link and use this, SMR2019 – for 150% bonus for the first deposit. However in the process of our binarycent review, we requested for the promo code So you can use it.
Is Binarycent Legit?
Is binarycent scam or legit? Before answering your question. I would ask if you have not been able to withdraw from the broker?. Do they reject your withdrawal request.
Well if your answer is yes, then you need to clarify using the comment box. However the truth about binarycent scam or legit is that users might not be familiar with their terms and conditions please refer to that before investing.
However all we can say is that binarycent is not a scam. Rather, they are legit and reliable with good options trading platform. Start trading
Is Binarycent Safe?
We have assured you that binarycent is legit, safe and reliable. Trading with binarycent is legit and safe, there’s 100 bonus and you can deposit and withdraw in 1house.
More-so, there’s a security to protect your investment making them one of the best binary options broker. Therefore any investor looking to trade in a safe financial markets should start with binarycent.
However looking for a good binary options broker and you wouldn’t like binarycent, then go for iqcent.
Binarycent Review Conclusion.
Finally we will conclude our binarycent review by telling you to start trading with the broker. Hence you are good with the platform, the broker is trustworthy. Therefore, you shouldn’t worry over binarycent scam or not.
They offer trading guide, customer support, bonus and contest. Above all, the platform offered is technically advanced and very best for beginners.
However if you are a beginner, visit our forex trading for beginners guide. Open a trading account and get your deposit bonus. You can read their term trading here.
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