Payout
95%
Expiry Times
5 seconds - 30 days
Bonus
20% - 200% deposit bonus
Demo Account
Min. Trade
$0.01
Min. Deposit
$250
Visit Broker
United States accepted.

This is a broker where you can utilize Binary Options and Contracts for Difference (CFDs) to speculate on underlying assets such as forex, cryptocurrency, commodities (e.g. silver and gold), and stocks.

Deposits and withdrawals can be made in traditional currency or cryptocurrency. A lot of cryptocurrencies are accepted, including big names such as Bitcoin, Litecoin, Ether, Dash, and Monero

Leverage is available; up to 1:500 for CFD trading.

The minimum deposit is the eqvivalent of 250 USD, which is quite high compared to many of the other binary options brokers available online.

BinaryCent.com and BinaryMate.com are sister-sites with the same people behind both of them.

Account levels and account types

BinaryCent have tiered accounts (Bronze Account, Silver Account and Gold Account), but no speciality accounts. You can for instance not get an Indian Demat Account here or a Muslim / Islamic / Halal / Sharia Account with this broker.

DMA Account: No

ECN Account: No

LAMM Account: No

MAM Account: No

PAMM Account: No

STP Account: No

Welcome bonus

Which welcome bonus you get depends on your account level, which in turn depends on the size of your first deposit. A minimum deposit will get you started with a Bronze Account and give you a 20% 1st deposit welcome bonus. Higher deposits are required to get a Silver Account or Gold Account, respectively. With a Gold Account, you get a 100% 1st deposit welcome bonus + 3 “risk free” trades. (If you lose money on a risk free trade, the stake gets replaced by bonus money. So it is not actually risk free, since you will lose real money but be reimbursed in bonus money which comes with a trading requirement.)

What is the trading requirement for bonus money at BinaryCent?

The standard trading requirement for bonus money at BinaryCent is 20x the bonus amount.

  • If you make a withdrawal request before you have fulled the trading requirement, the bonus will be removed from your account together with any profits derived from the bonus.
  • If you do not reach at least 3x account turnover within 3 months from getting a bonus, the bonus will be removed from your account together with any profits derived from the bonus.

Always check the fine print before accepting any bonus, since some campaigns have other requirements than those stated above.

You can turn down bonus offers if you want to, including the welcome bonus.

The trading platform

The trading will take place on the proprietary BinaryCent trading platform. This broker can not be used in conjunction with any of the third-party platforms, e.g. MetaTrader 4 or cTrader.

The platform is easy to understand and includes tools for technical analysis. Charts and be viewed in various modes, and it is possible to carry out trading directly from the chart. A fully customizable chartin package from TradingView is here and it includes time frames, technical indicators, drawing tools, and more.

Trading on smartphones and tablets

Trading apps are available for both iOS and Android.

Demo Account

A free Demo Account is available.

Trading

The minimum trade size is $0.01.

Examples of asset types that you can speculate on at BinaryCent are foreign currency (over 25 different currency pairs are available for specialtion), cryptocurrencies, stocks, and commodities.

Examples of cryptocoins:

  • BTC
  • DSH
  • EOS
  • ETC
  • ETH
  • IOT
  • LTC
  • OMG
  • SAN
  • XMR
  • XRP
  • ZEC

About the binary options

Two types of binary options are found on this platform: High/Low binary options and Boundary binary options.

Most of the binary options here have payouts in the 60%-80% range, but there are exceptions, including binary options that pay 95%. Payouts are impacted by several factors, including lifespan and volatility of the underlying asset.

When it comes to lifespans, everything from turbo options to month long options are available here. For turbo options, you set the expiry time in 1 minute increments, up to a maximum of 30 minutes. There are also plenty of binary options available that will last longer, but never longer than the end of the trading day. Finally, there is the group known as long-term binary options, which last for more than one trading day. The longest possible lifespan for a binary option at BinaryCent is 30 days.

Leverage

Maximum leverage is 1:500 for CFD trading.

Leverage is available even to non-professional traders.

You do not get Negative Account Balance Protection.

Is automated trading available?

Yes, automated trading (auto trading) is possible.

Is copy trading available?

Yes, the BinaryCent platform is highly suitable for copy trading and comes with plenty of built-in features for this. The traders that you can elect to copy have be picked-out based in win rates over time.

You can adjust the trade size from 1:1 to 1:100.

Trading contest

BinaryCent holds weekly trading contests with 20 prizes in each contest.

It is permitted to participate in trading contests even when doing copy trading.

Account currencies

USD and EUR

Deposits & Withdrawals

Transaction methods

Several different transaction methods can be used, including a selection of credit/debit cards, e-wallets, wire transfers, and cryptocurrency transfers. Examples of accepted cryptocurrencies are Bitcoin, Dash and Ether.

  • Credit/debit cards, including VISA and MasterCard
  • E-wallets, such as Skrill, Neteller, WebMoney, Perfect Money,
  • Cryptocurrency transferes, such as Bitcoin Payments and Ethereum Payments
  • Wire transfer

Limits

The minimum deposit is $250 and the minimum withdrawal is $50.

Withdrawal fees

BinaryCent does not charge a fee for processing withdrawal requests.

Withdrawal time

In most cases, a withdrawal request will be processed by BinaryOption within an hour, if you have already verified your identity. Exactly how long it takes before you get the money will then depend on which transaction method you are using and is not up to the broker. Generally speaking, cryptocurrency transfers tend to be faster than the other methods.

Anti-money laundering

  • The basic rule is that you must use the same method for withdrawals as for deposits.
  • Before you can start making withdrawals from your BinaryCent account, you need to go through the identity verification process.

Customer support

BinaryCent offers customer support through phone, live chat and email.

Phone number to the support: 1-829-9476378

Email address to the support: Use the email form at the official BinaryCent web site

Ownership and regulation

  • BinaryCent is owned by the company Finance Group Corp & Cent Projects Ltd.
  • Finance Group Corp & Cent Projects Ltd is based in the Republic of Vanuatu, a small island country in the South Pacific Ocean.
  • BinaryCent is operated by the company Suomen Kerran LP on behalf of Finance Group Corp & Cent Projects Ltd.
  • The company Suomen Kerran LP is based in Great Britian. The address is Centre Office, 58A Broughton Street, Edinburgh, Scotland, UK.
  • The company license number for Suomen Kerran LP is SL25219.

Questions and answers

Which cryptocurrencies are accepted at BinaryCent?

This broker accepts a large assortment of cryptocurrencies.

Examples of accepted cryptocurrencies:

  • Bitcoin
  • Bitcoin Cash
  • Ethereum
  • Litecoin
  • Dash
  • Monero
  • Peercoin
  • Primecoin
  • Reddcoin
  • BlackCoin
  • Zcash

Does BinaryCent offer VPS hosting?

No, BinaryCent does not offer Virtual Private Server (VPS) hosting.