Established in 2017, BinaryCent is a trading site famous for accepting deposits in cryptocurrency, and 14 different cryptocurrencies are support for account balances.
You can trade in many different cryptocurrencies here, plus other things, including regular forex pairs, binary options, market indices, and contracts for diffence (CFD).
Examples of cryptocurrencies that you can trade in at BinaryCent are BTC, ETC, ETC, EOS, ZEC, SAN, XRP, XMR, OMG, LTC, IOT, and DSH.
BinaryCent is popular among small-scale traders since you can do very small trades here if you want to, down just 0.10 USD per trade.
Unlike may other online brokers, BinaryCent doesn’t block traders from the United States.
BinaryCent is managed by the management company Cent Project Ltd, which is a subsidiary of Finance Group Corp. Finance Group Corp is based in Vanuatu, an island nation in the South Pacific Ocean. You might recognise the name Finance Group Corp, because they also own the binary option trading site BinaryMate.
BinaryCent is regulated by the Vanuatu Financial Services Commission.
Short facts about BinaryCent
- Minimum deposit: The eqvivalent of 250 USD
- Minimum trade size: The eqvivalent of 0.01 USD
- Demo account available: Yes
- Mobile trading apps: Yes, for Android and iOS
- MT4 integration: No
- Auto trading: No
- Trade signals: No
- Islamic account: No
BinaryCent utilized a bespoke trading platform developed for the Finance Group Corp.
The platform is web-browser based. You don’t download and install a platform on your computer; you do your trading directly in the browser window.
The platform is easy to use and come with trading charts, technical indicators, etc.
Mobile trading apps
Mobile trading apps are available for iOS ad Android. You download the iOS app from Apple’s App Store and the Android app from the Google Playstore.
Compared to accessing the platform in your mobile browser, using the app is better since it is works better with a smaller screen.
Requires a start deposit of 250 USD or eqvivalent.
20% deposit bonus
Requires a start deposit of 1,000 USD or eqvivalent.
50% deposit bonus
Requires a start deposit of 3,000 USD or eqvivalent.
100% deposit bonus + 3 “risk free” trades
MasterClass and Personal manager included
Leveraged trading is offered here.
For contracts for difference, the maximum leverage is 1:100.
Customer support is available 24/7.
You can contact the support team by calling, using the web contact form or using the live video chat.
- You can deposit cryptocurrencies, including but not limited to Bitcoin, Dash, and Litecoin.
- You can also deposit regular currencies, such as USD and EUR.
- BinaryCent accepts major credit cards, including VISA and MasterCard. They also accept several eWallets, such as Skrill, Neteller and WebMoney.
There is no withdrawal fee, except for withdrawals to credit cards. The credit card withdrawal fee charged by BinaryCent is 5%.
Smallest possible withdrawal is the eqvivalent of 50 USD.
Withdrawal requests are typically processed within an hour.