Top Pick

Binarycent Description

What is CFD trading? CFD trading is a highly profitable, but risky financial tool that can help you make a profit in as little as 60 seconds. It is easy to understand and trade. You don't need to know much - you can trade right away. Binarycent platform allows you to trade Forex and CFD starting at $250 Binarycent trading platform is affordable for everyone. The minimum trade size is just 10 cents. You can learn Forex and CFD trading with very little investment.

Integrations

Reviews - 12 Verified Reviews

Total
ease
features
design
support

Company Details

Company:
Binarycent
Year Founded:
2016
Headquarters:
Marshall Islands
Website:
www.binarycent.com

Media

Binarycent Screenshot 1
Recommended Products
Secure your business by securing your people. Icon
Secure your business by securing your people.

Over 100,000 businesses trust 1Password

Take the guesswork out of password management, shadow IT, infrastructure, and secret sharing so you can keep your people safe and your business moving.

Product Details

Platforms
SaaS
Type of Training
Documentation
Customer Support
Phone Support
Online

Binarycent Features and Options

  • Name: Dave R.
    Job Title: Manager
    Length of product use: 1-2 Years
    Used How Often?: Daily
    Role: User
    Organization Size: 10,000 - 19,999
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    The low $0.10 minimum trades

    Date: May 27 2024

    Summary: And those copy trading bots that let you follow along with elite traders? invaluable for saving me from myself and reckless strategies as I find my footing. Throw in a simple, uncluttered platform that isn't overwhelming, and it's the ideal launchpad.

    Positive: I've been really impressed with how this broker seems to have created an experience tailor-made for total binary options beginners like myself. The low $0.10 minimum trades are the perfect way to get your feet wet without risking it all right out of the gate.

    Negative: My only gripe is having to front that initial $250 deposit, which did sting a bit for someone on a tighter budget. But between the payouts and ease of use, it's been well worth it.

    Read More...
  • Name: Steve P.
    Job Title: User
    Length of product use: 6-12 Months
    Used How Often?: Daily
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    As someone who balances multiple side jobs

    Date: Mar 06 2024

    Summary: I never have to miss capitalizing on profitable opportunities thanks to Binarycent's convenient accessibility. Binarycent trading platform is awesome and i don't think i’d stop using this broker.

    Positive: As someone who balances multiple side jobs, I need flexibility to trade only at certain hours. With Binarycent's platforms, I can easily monitor and close positions from my phone if I end up being unable to log onto my laptop as expected. The ability to seamlessly transition between PC and mobile throughout the day, depending on my availability, takes the stress out of managing open trades around my dynamic schedule.

    Negative: I didn’t find any cons worthy of attention. A simple and convenient platform.

    Read More...
  • Name: Manuel P.
    Job Title: Manager
    Length of product use: 6-12 Months
    Used How Often?: Daily
    Role: User
    Organization Size: 26 - 99
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    As a novice trader with limited experience

    Date: Mar 05 2024

    Summary: But for an accessible entry point to dive into binary options trading safely, Binarycent delivers a great overall experience and a solid trading environment for beginners.

    Positive: As a novice trader with limited experience, I find Binarycent to be an excellent starting point to learn the ropes of binary options trading. The user-friendly proprietary interface and copy trading tools are very beneficial features for me as I get familiar with executing trades and developing strategies. Deposits and withdrawals are impressively fast, usually processed within 24 hours, in my experience. I also appreciate the ability to trade with a small $1 minimum budget to control my account risk.

    Negative: While regulated, more advanced top-tier licensing would provide added trust.

    Read More...
  • Name: David H.
    Job Title: Other
    Length of product use: Free Trial
    Used How Often?: Daily
    Role: User
    Organization Size: 26 - 99
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    As an active trader in Dubai

    Date: Feb 28 2024

    Summary: Knowing I have that dedicated around-the-clock support gives me tremendous confidence trading markets on the other side of the world from my broker's headquarters.

    Positive: As an active trader in Dubai, having 24/7 multilingual support has been essential for getting quick assistance during the Middle East's trading hours. Binarycent's customer service team has resolved every issue I've encountered even when other brokers' support teams are off duty. Their global presence means I always have someone available who understands my problem and can communicate in my native language, no matter what time of day it is in the UAE.

    Negative: I didn’t find any disadvantages in trading with the broker. And the support works well.

    Read More...
  • Name: Robert S.
    Job Title: Other
    Length of product use: 6-12 Months
    Used How Often?: Daily
    Role: User
    Organization Size: 100 - 499
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    As a novice trader, I find Binarycent's selection of copy trading tools and binary bots very helpful.

    Date: Feb 15 2024

    Summary: However, for beginners seeking accessible trading automation, Binarycent delivers some useful options.

    Positive: As a novice trader, I find Binarycent's selection of copy trading tools and binary bots very helpful. It’s amazing how I can piggyback on the experience of more seasoned traders. When I started using the copy trading feature, I made a $500 deposit and split that in three places. So what I did was copy the top 3 professionals on the platform for $150 each. After a few trades, I watched my balance grow from $500 to $930. I couldn't believe my eyes, especially since I didn't have to place any trades by myself.

    Negative: My main critique is the lack of tier-1 regulation, which would provide more oversight.

    Read More...
  • Name: Clark T.
    Job Title: HR
    Length of product use: 6-12 Months
    Used How Often?: Daily
    Role: User
    Organization Size: 26 - 99
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    I tested Binarycent's copy trading feature

    Date: Dec 02 2023

    Summary: I also appreciated that I could buy my positions in small sizes, like $0.25, to manage risk on other assets. The fast withdrawals were useful when I wanted to pull some profits out of my wallet quickly.

    Positive: I tested Binarycent's copy trading feature, miming expert traders' positions. There were a few recommended top traders to choose from. I copied one trader specializing in 1-hour gold trades with a 70% win rate. Over a few weeks, the copied gold trades performed profitably for me as a beginner.

    Negative: My main gripe is that their charting is bare bones - more indicators would help me better predict movements. But overall a decent platform to get started with binaries.

    Read More...
  • Name: Daniel F.
    Job Title: Manager
    Length of product use: 6-12 Months
    Used How Often?: Daily
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    The initial interface was user-friendly for a novice trader.

    Date: Nov 29 2023

    Summary: After a week, I managed to profit on a long EUR/USD call option before the expiry time. My balance grew to $400 after compounding some gains. Withdrawals were super easy as well. Overall, I had a great experience building my trading skills on their platform.

    Positive: After seeing an ad for Binarycent, I deposited $250 to try their platform. The initial interface was user-friendly for a novice trader. I opted for a demo account to practice before placing any real money trades. After a few days, I transitioned to trading binary options for real.

    Negative: My first few trades were unsuccessful as I learned how to analyze charts properly.

    Read More...
  • Name: Joe S.
    Job Title: Manager
    Length of product use: 6-12 Months
    Used How Often?: Daily
    Role: User
    Organization Size: 100 - 499
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    The interface is easy to use

    Date: Nov 22 2023

    Summary: I tried putting indicators on the tick chart, but they don't have that feature. After a few days of trading, I wanted to withdraw my profits. The withdrawal request was processed in under 1 hour, which I appreciated.

    Positive: I funded my Binarycent account with Bitcoin since I had some stored in a wallet. The crypto deposit only took a few minutes to credit, which was fast. I did some basic trades on USD/JPY using their web platform. The interface is clean and easy to use, but I couldn't figure out how to do more advanced charting analysis.

    Negative: Overall, I'd say Binarycent is good for basic options trading but lacks analysis tools I'm used to.

    Read More...
  • Name: Peteris H.
    Job Title: Engineer
    Length of product use: Less than 6 months
    Used How Often?: Daily
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Perfect broker

    Date: Dec 06 2022

    Summary: Fast platform, good design, fast and responsive support. One of the best brokers, really recommend it.

    Positive: Fast platform, good design, fast and responsive support. One of the best brokers, really recommend it.

    Negative: Actually I didn't find any cons in a two months of usage.

    Read More...
  • Name: Janis C.
    Job Title: HR
    Length of product use: Free Trial
    Used How Often?: Daily
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    To be honest I like it

    Date: Nov 29 2022

    Summary: If you are beginner, follow the instruction steps. Also remember that no one can guarantee you 100% profit. It is your own responsibility.

    Positive: Wonderful website with great design, tips for beginners, very welcome customer service and amazing provider. Today I had a great experience using it.

    Negative: I cannot say that pricing page is excellent, no one is. I would like to see more discounts, but I am fully satisfied.

    Read More...
  • Name: Anonymous (Verified)
    Job Title: Review
    Length of product use: 6-12 Months
    Used How Often?: Weekly
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Best broker for newbies

    Date: Oct 18 2022

    Summary: I'm trading here for about 7 months here so far and at the moment I'm really satisfied with this broker, with all the features and the recent update is really great. The only thing is that withdrawals may take couple days to come.

    Positive: 24/7 fast support.
    Low pricing.
    A lot of trading features.
    Crypto deposits.
    New platform.
    Additional features for newbies.
    Live video chat.

    Negative: Withdrawals may go longer time than you expect.
    No learning materials.

    Read More...
  • Name: Tobin K.
    Job Title: DSP
    Length of product use: Less than 6 months
    Used How Often?: Weekly
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Binarycent review

    Date: Dec 24 2023

    Summary: My experience has pretty much been just arguing with my so called success manager why I should keep investing money into the platform when I win top trader or at least come in the top 10 without needing to deposit more money that I would never have a chance to redeem, I have even asked for their legal team's details so my legal team can confront them on it but I don't even get a response to that question. If they don't have a legal team what are they???

    Positive: I would like to say that if you want to waste your money then it's fun to loose it on Binarycent.

    Negative: Binarycent only takes your money & won't give a cent back. I have compared it with the real currency trend which went fine until I got near the turnover needed to make a withdrawal, suddenly I was given out of the blue spikes that went against the currency trend until all my deposit had been used up, don't think that if you don't claim a bonus you are still able to withdraw because before you can withdraw you need a 100% turnover but the site never lets that happen. I have 3000 USDT worth of best trader winnings waiting there for me to invest another 250 USDT & I would claim it if I thought there was any chance my trades wouldn't be spiked against me as well as the way the currency is going. Full stop Binarycent is nothing but a scam, don't put money into it unless you want to lose every cent you have.

    Read More...