BinaryCent Review

Rating:

4.5 out of 5 stars

  • Up to 95% Payout (Amount is credited to account in case of successful investment)
  • Regulated GLOFSA
  • Up to 200% bonus
  • $250 min. Deposit

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General risk warning: your capital is at risk

BinaryCent is a new online trading platform created in 2017. This binary option, Forex and CFD broker is managed by a company under the name of Wave Makers LTD, a company based at Trust Company Complex, Ajeltake Road, Ajeltake Island , Majuro, Marshall Islands. BinaryCent is a broker for trading binary options as well as spot forex and contracts for difference (CFDs).

Regulation & Reputation

BinaryCent is a broker providing binary options, forex, and CFDs regulated by the Global Financial Services Authority (GLOFSA). This is due to the fact that BinaryCent operates under the company name Wave Makers LTD.

Unlike other brokers who focus on the general public market; BinaryCent is a broker that specializes in providing online brokerage for small traders. It is for this reason that BinaryCent is one of the only brokers allowing to trade online with a minimum investment of 10 cents.

Is BinaryCent legit?

Yes, Of course. BinaryCent is a reputable binary option, forex, and CFD broker. This broker is regulated by global regulators such as the Global Financial Services Authority (GLOFSA) which shows that BinaryCent is a legitimate and serious broker.

BinaryCent Trading platform

BinaryCent offers these users a web-based trading platform, the BinaryCent trading platform can be used on most web browsers. So you didn’t have to download any software on your computer. You only need an internet connection and a web browser on any device to get started.

The web trading platform has many tools such as trading charts and many technical indicators to help you in your technical analysis of the markets and taking an informed position. Overall BinaryCent’s trading platform is intuitive and easy to use which is a good thing about this broker.

Copy Trading

BinaryCent.com also offers a copy trading option. this function allows you to copy the trades of the best trader and automatically replicate their performance. You can choose which trader to copy based on different parameters such as the rate of earnings. This feature is very popular among those new to trading or who want to learn from a more experienced trader.

BinaryCent mobil App

This broker also provides you with a free mobile application. This allows you to trade on the go via your smartphones or tablets. You can download the BinaryCent trading app from the Apple App Store (iOS – iPhone and iPad) as well as from the Google Playstore for Android devices. On the functional side, the trading application provided by BinaryCent has the same options and functions as the web trading platform. However, the application is more optimized for small screens of smartphones and mobile devices which gives a better user experience on small screens.

Assets and instruments

You can trade the following asset classes at BinaryCent:
• Forex
• Stocks
• Stock market indices
• Commodities
• Cryptocurrencies

BinaryCent also offers the possibility of using a maximum leverage of 1: 100 for forex and CFD trading. This new broker is evolving and adding more and more new stocks and assets to trade. This broker is particularly interested in trading cryptocurrency and adds new assets to their list of available assets to trade.

BinaryCent Deposit and withdrawal

To deposit and withdraw money from your trading accounts, BinaryCent has several payment methods to fund your trading accounts. With this broker, you can finance your account and make withdrawals via VISA and Mastercard credit and debit cards as well as a multitude of electronic wallets such as Skrill, Neteller, and WebMoney

BinaryCent also accepts deposits and withdrawals in cryptocurrencies such as Bitcoin, Ethereum, Dash, Litecoin. For withdrawals, you can also use the same methods. Please note that a 5% fee is charged on credit card withdrawals. Apart from this detail, BinaryCent does not charge any withdrawal fees for other payment methods.

Cash withdrawals are a minimum of $ 50 and are processed within an hour.

BinaryCent Bonuses and promotions

BinaryCent offers 20% to 100% bonuses. the amount of bonus varies depending on the trading account to which the trader has registered. The minimum deposit on binary cent is $ 250 and gives you access to the basic account. Other trading accounts available from this broker may offer higher bonuses.

However, it is always recommended to look at the terms and conditions regarding the granting of these bonuses. After accepting a bonus, you can withdraw your money on the condition that you meet a minimum trading volume (turnover) required by the company.

In addition to deposit bonuses, BinaryCent has offered these users other exclusive promotions such as “risk-free trades” as well as trading contests organized by the broker. Risk-free trades are offered to the trader with a Gold account. This promotion compensates for the losses of the trader, if the first 3 trades are losing.

BinaryCent also offers the possibility of participating in trading contests with a prize pool of $ 20,000. 20 winners are selected every week.

BinaryCent Trading Accounts

BinaryCent offers these clients 3 different types of trading accounts:

Bronze Trading Account:

  • Minimum deposit of $250
  • 20% deposit bonus
  • Live video chat support
  • 1hr withdrawal

Silver Trading Account:

  • Minimum deposit of $1000
  • 50% deposit bonus
  • Live video chat support
  • Master Class
  • 1 hour withdrawal

Gold Trading Account:

  • Minimum deposit of $3000
    100% Deposit Bonus
    Live video chat support
  • Master Class
  • 3 Risk Free Trades
  • Personal Manager
    1 hour withdrawal

Customer support

BinaryCent offers 24/7 customer service. You can easily contact the support team through various means of communication such as live chat, through their contact form available on their website or by calling them by phone.

Company Info & Contact Details

BinaryCent.com is a broker owned and operated by Wave Makers LTD. The website says the company is registered to Wave Makers LTD, and is based at Trust Company Complex, Ajeltake Road, Ajeltake Island , Majuro, Marshall Islands.
You can reach them with the live chat available on their official website as well as by email and phone. You can also contact them by email directly on their website, the telephone number for the English support is + 1-8299476393.

You can also contact them through other languages than English

the support number in Russian

  • 7-499-3806317

in Chinese
3-395-0396

in Thai
02-21345671

in Singapore
965-65425142

in Australia
61-8-5550-7288

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