Is The Binarycent App Worth it

Binarycent is a relatively new online broker that offers binary options, Forex, and CFD trading. With its custom trading app developed by seasoned investors, Binarycent provides an intuitive interface for beginners and experts alike. But is Binarycent scam or a legit broker? This comprehensive Binarycent review of its app will examine the key features to help you decide.

Minimum Initial Deposit, Account Types, and Opening

Binarycent has three account kinds. Your account type depends on your first deposit. Each account type has distinct perks and benefits. The first and easiest is the bronze account. With a $50 minimum deposit and a 20% bonus, you may create more prominent positions straight away. Live video chat assistance, a copy trading tool, guaranteed 1-hour withdrawals, and a sample account are available 24/7 with this account type.

The silver account requires a $1000 deposit. It has a 50% bonus, all the perks of the bronze account, an online master class, and three risk-free trades that will be repaid if they lose money. The ultimate account type is gold. A $3,000 minimum deposit is required. Investors receive a 100% bonus, silver account advantages, and a personal success manager. Remember that you can deposit more than $3,000. This brokerage allows you to invest up to $25,000, leaving you $50,000 to trade with, thanks to the bonus.

Top Features of Binarycent App

• Exhibit facility for Offshore Regulated Brokers
• The required minimum deposit is $250.
• Pricing starts at 10 cents.
• One pip is the minimum spread.
• Assets worth more than 150
• Maximum potential profit: 95%
• Instant withdrawals
• Round-the-clock, multilingual assistance
• Trading facility open on weekends
• The bonus of one hundred percent
• Trading without risk
• Facility for copy trading with leverage of up to 1:500
• Data security guaranteed at 100%
• Minimal Amount Due $50

Binarycent Broker Accounts

Binarycent accommodates traders of all levels with Bronze, Silver, Gold, and VIP accounts. Each tier unlocks additional features and larger deposit bonuses.

Bronze Account

The Bronze account requires a minimum deposit of $250. This starter account includes a 20% welcome bonus, 1-hour withdrawals, live chat support, and demo account access.

Silver Account

With the Silver account, a $1,000 deposit gets you a 50% bonus. You also gain three risk-free trades, a personal account manager, and entry to a masterclass webinar.

Gold Account

The premium Gold account offers a 100% deposit bonus for accounts over $3,000. This account comes with all features of the lower tiers plus dedicated one-on-one support.

VIP Account

This account is best for people who want to invest $5000 and above. It has so many added benefits, like 200% deposit bonus and instant withdrawal time.

Standout Features

Binarycent offers other unique features, including round-the-clock trading, turbo options, and live video chat support.

Here are the features that stand out in this broker:

• Generous Payouts and Expiry Times: Binarycent provides competitive payouts on a variety of expiry times. Returns range from 65% to 85% on short and long-term contracts.
• Turbo Trades: Turbo trades expire in as little as 30 seconds, which is ideal for beginners looking to learn the ropes quickly. Caution is advised, as impatient trading can lead to fast losses.
• Intraday Trades: Intraday contracts are better suited for seasoned traders. By tracking stock movements throughout the day, intraday trades require an understanding of the markets.
• Long-Term Trades: Binarycent also offers long-term options for up to 1 day. While requiring patience, long-term trades remove emotion and reactive decision-making from the equation.
• Copy Trading: If you don’t know technical analysis or how to trade, you can also make money on this platform by investing in profitable traders. With the copy trading feature, you can go through the profiles of top traders on the platform and invest some money in their predictions.

Lucrative Bonuses and Promotions

Binarycent hooks new traders with deposit-matching welcome bonuses. Bronze accounts get a 25% bonus, while Gold accounts are doubled with a 100% match up to $6,000. Just be aware withdrawals require a certain amount of trading volume.

Full-Featured Mobile App

Binarycent provides a mobile app with full account functionality. The mobile trading platform enables deposits from just $10, 24/7 live chat, technical indicators, and easy registration. With flexible access, you can manage trades on the go.

Quick and Secure Banking

Binarycent supports various deposit and withdrawal methods, including popular cryptocurrencies. While the minimum deposit is $250, minimum trades start at just $0.10. Withdrawals are processed within an hour, much faster than the industry standard.

Multilingual Customer Support

Binarycent provides customer support in English, Russian, and Chinese. Many reviews of binarycent online testify how great their support team are at their job. You can access live chat, phone numbers, and email ticketing on both desktop and mobile. Support is generally responsive though limited hours on weekends.

Register and Login Procedure

Binarycent signup is easy. Opening an account is free. However, the demo is only available if you deposit. Traders must fulfil various requirements to register. Opening a statement with the same name and address is illegal. The firm can terminate registration if a client reports twice. Along with registration, the team will cancel your open position and withdrawal request. Our staff will freeze the account until the investigation is complete.

Registration or Signup:

• Click “Signup” on Binarycent’s website.

• Register with accurate information.

• Pick the currency.

• Use a “Promo Code” if available.

• If you’re not from the US and agree to the terms, click the box.

• To finish registering, click “Next.”

Login Method:

Log into the platform or trade dashboard using your registered email and password.

• Create an account

• Financial Trading is High-Capital Risk.

• Go For Account Verification

• Traders must authenticate their accounts. First, choose “settings.” Select “personal data” to submit valid papers to validate your account.

• Select ID kinds from the list.

How to Withdraw money from Binarycent?

Profits may be withdrawn using Bitcoin, Ethereum, Altcoins, and Perfect Money. You must utilize the same deposit method. The minimum withdrawal is $50. Within an hour, withdrawal requests are accepted. Public holidays and weekends may delay financing. Before approving the request, the broker will verify the requester’s identity and address. Additional costs will depend on account type and withdrawal method.  E-wallet, bank, and credit card withdrawal requests from non-trading account owners are not processed by the broker. Bitcoin is the fastest and most commission-free way to withdraw profits from BinaryCent. To withdraw funds via chosen methods, you must make at least one Ethereum, Altcoin, or Perfect Money trading deposit.

Support for Customers

The customer support crew is devoted. Live chat lets you get customer support promptly. Multiple languages enable you to communicate difficulties in your manner and language. Additionally, you may call their customer care hotline. Finally, fill out a form with your name, email, and phone number to contact them. Support will reach out.

Binarycent Platform: Reliable?

Binarycent is a trusted broker and, therefore, will end more nicely. The platform is young compared to significant trading platforms. The broker offers several trading instruments and other distinctive features. We’re confident you’ll find everything you need there. Thus, opening an account and trading with them is best.

Top Alternatives of Binarycent

• CopyFX: Copy global traders’ trades and profit. CopyFX is RoboForex’s copy-trading investment platform. With CopyFX, you can simplify trading, better control risks, and share your trading expertise for profit.
• Alpari: Alpari International, one of the significant forex companies, strives to help clients make the best trading and investing decisions. Our wide range of services gives you the most excellent counsel, assistance, and resources to build a better future. Trading with Alpari International is unmatched worldwide.
• Trusted Options: Trusted alternatives offer regulated FX fast alternatives. International Financial Market Relations Regulation Centre oversees it. Trusted Options traders may gain 95% in 60 seconds. Client monies are secured by segregation. Binary options payout based on a yes/no proposition.
• Crystal Ball Markets: CFD traders can trade currency pairings, equities, indices, metals, energy, cryptos, and digital options online. Electronic (Windows, Linus, Mac) and mobile (Apple Appstore, Google Play store) devices can access our platform. Traders can automate Java-scripted AI algorithm deployment on our platform.
• RoboForex Ltd: Financial brokerage RoboForex Ltd. began operations in 2009. The firm offers seamless trading of over 12,000 items, including Stocks, ETFs, Gold, Oil, and Indices. RoboForex offers cutting-edge trading platforms and CopyFX, its copy-trading methodology.

Conclusion

In summary, Binarycent brings an intuitive platform, competitive trade terms, and robust features. Though they are newer brokers, they offer the core components for a quality trading experience. Just practice responsible money management as with any broker.

FAQs

Is Binarycent legit?

Given its transparent fee structure, favorable trading conditions, Binarycent establishes its legitimacy as a binary options broker.

How does Binarycent’s app compare to other brokers?

Binarycent’s app stands out for its focus on simplicity and speed. The interface is intuitive while many features like copy trading are streamlined for mobile.

Is Binarycent a good broker for beginners?

Yes, Binarycent is a good option for beginners. The low minimum deposit and trades allow you to start small. The platform and mobile app are easy to use. Demo accounts and copy trading help new traders learn.