An Honest Review of BinaryCent Trading Platform

With so many brokers on the market, it is challenging to find a good binary broker. This is because the brokers that are available may not always be transparent in what they have to offer.

Therefore, it is essential to search for a transparent, secure, reliable, and reputable broker.

In this article, you will find everything you need to know about the BinaryCent trading platform. Keep on reading.

1) What Is BinaryCent?

It is essential to have some information regarding a company that you are trading or intend to trade with. BinaryCent is a broker for Cryptocurrency, Forex, as well as binary options.

It is a company owned by Finance Group Corp based in Vanuatu. BinaryCent is operated by a company known as Suomen Kerran LP, located in Scotland.

You can also check out this elaborate BinaryCent review for more information. You will get all the information and advice that you need on any broker from an expert. The founder of this website has over ten years of experience in trading binary options.

He offers accurate and in-depth reviews of various trading platforms intending to help other traders find platforms that fit their needs.

2) What Makes BinaryCent Unique?

The following features make BinaryCent unique, as compared to other brokers.

  • You can trade 24/7
  • Withdrawals are within 1 hour
  • You get 100% data protection
  • They have 24/7 customer support
  • You get risk free trades and bonus

3) What is the BinaryCent Trading Platform?

BinaryCent brokers use a custom trading platform that has a clear user interface. Their interface is clear and transparent, even for beginners. On their platform, you can trade different currency pairs, including Silver and Gold at different expiry times.

There are three different categories of expiry times. They are:

  • Turbo - expiry time that is anywhere between 1-30 minutes with an interval of 1 minute
  • Intraday - expiry times at 1-hour intervals for 24 hours
  • Long term - which has an expiry time of 1-day intervals up to 30 days

As a trader, you also have access to valuable indicators, and you can as well copy-trading. BinaryCent has a custom inbuilt interface that is web-based, so you do not have to download anything.

Unfortunately, the main drawback of the BinaryCent trading platform is that you cannot connect it with MetaTrader 4.

4) What Is Minimal Deposit?

BinaryCent has a minimum deposit of $250, and you can earn a profit of 80%. You can use the free demo account to practice. The main benefit of BinaryCent is the small trade size of $0.10 per lot, making it impressive.

These figures are promising for any trader who intends to start out trading with minimal capital. The other fantastic thing about BinaryCent is that the trades are based on cents instead of dollars. It makes it easy to trade and read micro-lots.

5) Are There Bonuses?

Yes. With BinaryCent, you get to earn some bonuses, depending on your first deposit amount. The bonus ranges from 20-100% and comes with trading conditions of around 20x before you can withdraw the cash.

6) What Types Of Accounts Are Available?

BinaryCent offers three types of accounts to the traders. They include Bronze, Silver, and Gold, with each account having different minimum deposits requirements as well as various benefits.

The bronze account has a 20% bonus on the amount you deposit, and you can withdraw in 60 minutes. The silver account requires a $100 minimum deposit and has a 50% bonus.

With this account, you also get a class web session and three risk-free trades. Lastly, with a Gold account, you make a minimum deposit of $300 and earn a 100% bonus. You also get a Swiss prepaid card as well as a professional personal manager.

7) Deposits and Withdrawal With BinaryCent

At the BinaryCent platform, withdrawals and deposit services are fast and efficient. You can use either a credit card, E-Wallets, cryptocurrencies, Bitcoin, Perfect Money, or Neteller.

There are no hidden charges, but you will part with a credit card fee of 5%. The minimum amount that you can withdraw is $50 and a minimum deposit of $250. BinaryCent offers different forms of payment methods with a withdrawal system that works very fast.

The broker takes only 1 hour to process your payment, but it can take longer if you have not verified your account. You can also open a crypto wallet with this broker.

As you have seen from this review, BinaryCent is one of the best binary options trading platforms internationally. The broker offers a good trading platform, especially if you want to start small with a great opportunity of making profits. You can use different strategies and, at the same time, trade on various assets.