BinaryCent specializes in offering binary option trades as well as Forex and CFDs (Contract For Differences). This broker offers payouts up to 95% and expiry times as low as 60 seconds. BinaryCent also has the lowest minimum trade amount in the industry at just 10 cents.
- Well regulated
- Good customer service support
- Well-developed platforms
- Innovative
- Not available in some countries
- No social and copy trading
BinaryCent is a binary option broker based in Vanuatu that has been established since 2017. The BinaryCent trading platform is managed by a company called Cent Projecte LTD, which is a subsidiary of an umbrella company called the Finance Group Corp.
BinaryCent specializes in offering binary option trades as well as Forex and CFDs (Contract For Differences). This broker offers payouts up to 95% and expiry times as low as 60 seconds. BinaryCent also has the lowest minimum trade amount in the industry at just 10 cents.
But is BinaryCent right for you? Can they be trusted? In this BinaryCent review, I’m going to tell you everything you need to now about this broker.
BinaryCent is an excellent trading platform and has a lot to offer. After your first login, you’ll see how easy it is to navigate the BinaryCent.com site. A quick tour reveals how this platform has advanced features for users. On the top left, you will see different links leading to their trading tools such as chart patterns, tips of technical analysis, and economic announcements.
The BinaryCent trading screen has a large chart and makes a big part of the site. You can view it in a candle or tick/line format. If you want a customizable charting package, go for the candle format.
Binary Cent has a growing list of assembled assets. They have stocks, commodities, cryptocurrencies, and forex pairs from which traders can choose. It is possible to trade with any of them using long term, intraday, or turbo strategies. Turbo expires within 30 minutes in 1-minute increments for short term trading.
The intraday trading expires between one hour and 24 hours. It allows a trader to enjoy all opportunities within a day. Long term trading includes those that expire between one day and 30 days. For all trading strategies, payouts are within the range, starting from 60% up to 80%.
Regulation
BinaryCent is regulated by the VFSC (Vanuatu Financial Services Commission). This broker is regulated by the VFSC because they operate under their corporate holding company called Finance Group Corp. BinaryCent has a sister company called BinaryMate, which is more focused on the mainstream market. BinaryCent on the other hand is geared towards beginner traders, with a minimum investment as low as 10 cents.]
