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Binarycent Review ; Binarycent is forex, CFD and option trading broker. Registered in 2016, binarycent.com has remained one of the best binary option trading brokers in the world. Binarycent promises a return of 95% in 60 seconds. Although this sounds unrealistic, but this broker grows bigger on daily basis.
Moreover, binarycent offers potential clients the opportunity to copy the trades of professionals. Therefore, even if you are a newbie, this broker appears to be fantastic for you.
Meanwhile, binarycent offers a minimum deposit of $250. And minimum trading amount of as little as 10 cents. And falls within the industry standard.
They accept deposits, withdrawals and provide trading with all the top cryptocurrencies. You can use Bitcoin, Dash, Ethereum and other top cryptocurrencies to fund your binary options trading account.
Binarycent has a top notch trading plartform. When you login to your account, you will find out how advanced the plartform is. In the top left of the screen are links to trading tools like economic announcements, chart patterns and technical analysis tips complete with charts.
Meanwhile, you will get the full gist of binarycent after reading this review.
To contact them, clients have to chat up their customer using the live chat on the home page.
They can also fill out a contact form on the website. Meanwhile, binarycent also has phone numbers through which clients can communicate their support. These numbers are spread across 6 contaries which include England, Australia, Thai, Chinese, Russia and Singapore.
Binarycent was established in 2016. Offers a decent assets list. This broker has many advantages that attract traders to it. For instance, binarycent guarantees withdrawal processing within an hour. This is really spectacular as other brokers take at least 24-48hours to process withdrawal.
In addition, binarycent assures traders of 100% trading security will full data protection. Although most brokers promise full data protection, Yet most of them don’t fulfill such promise. But in our research, we tested binarycent cent and since opened account with them, our data has been fully projected.
Binarycent offers 24/7 customer support and you can invest everyday including weekends. Currently, this broker process over 10,000 daily transactions.
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They include 10 forex pairs, 2 commodities, 4 stocks and 5 crypto currency pairings. Meanwhile, investors can trade these assets Turbo, Intraday or Long Term.
The Turbo expiry is 10 to 30 minutes in 1 minute increments for super short term trading. The Intraday expiry are every hour out to the end of the day for 24 total opportunities each day. While the long term are end of day expiry going out for the next 30 days. Payouts are in the range of 60% to 80% depending on expiry and volatility.
Binarycent Account types.
Bronze Account: To open this account, traders require a minimum deposit of $250. After which they will have access to 24/7 live video chat support. In addition, their withdrawal will be processed within an hour. Moreover, they will also receive 20% bonus on their deposit. In addition, offers investors the opportunity to copy trades by professional traders.
Silver Account : This account type comes with great features. Investors will receive 50% bonus of their deposit. They also have the opportunity of copying trades of professionals. Also, their withdrawal can be processed within an hour. In addition, the client will have access to master class (web session); Which will help ensure that the trader achieves great success.
Gold account : In addition to the advantages of bronze and silver accounts; This account type offers a bonus of 100%.
Meanwhile, the silver and gold account types offers first 3 risk free trades. Therefore, the success of such trades are guaranteed.
Moreover, In case of negative trading results, risk-free trades are compensated in the form of a trading bonus.
In addition to the risk free trade promo; BinaryCent also holds a regular trading contest with a prize pool of $20,000. Every week, 20 winners will be selected from the contestants.
Available assets and instruments in binarycent.
In terms of trading assets, BinaryCent offers the following classes of assets:
For spot forex and CFDs, BinaryCent offer a maximum leverage ratio of 1:100. The asset index is a growing list – the firm are relatively new. The focus at present is Cryptocurrency and altcoin, but other assets are added as the offering grows. That said, the current list still cover all the major assets a trader would expect to find.
Binarycent review on deposit and withdrawal.
In the course of this binarycent review ; We found out that they accept different methods of payment. These include Credit cards, e-wallets and cryptocurrencies.
All of these methods of payment are entirely free of any commission. Except credit cards where traders pay 5% commission.
In addition, payment are confirmed instantly for both credit cards and cryptocurrencies. But it can take up an hour for e-wallets.
Meanwhile, binarycent process withdrawal within an hour for all payment methods.
The cryptocurrency that binarycent accept include; Bitcoin, Etheruim and Altcoins.
Moreover, all these payment methods are accessible by traders in any region.
Binarycent review on trading plartform
The trading platform adopted by BinaryCent is a proprietary trading platform developed exclusively for the Finance Group Corp. This is the reason why the platform bears many similarities with the trading platform used by related brands. A web based trading platform, the platform which is accessible to any up-to-date web browser.
This eliminates any need for a trader to download and install any software onto their computers.
Despite being just a web based trading platform, the platform works efficiently and comes integrated with numerous trading tools such as trading charts and technical indicators. With its user friendly interface, the BinaryCent’s trading platform is a joy to use.
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Is your money safe in binarycent?
This is a big question that interests every trader. Although, binarycent has every quality of a legit broker, we are not comfortable with our findings regarding binarycent regulation.
Therefore, we will quote the warning issued by FMA in 2018. And it’s as follows
We have received a report that a representative from Finance Group Corp (FGC) of Vanuatu AND / or Cent Projects Ltd (CPL) of the Seychelles approached a New Zealand resident via Instagram in order to promote dealing through the website www.24startrade.com (the website) and has withheld client funds. Neither FGC or CPL are registered to provide financial services in New Zealand.
The FMA recommends exercising caution before dealing with the website as it has the characteristics of a scam. In addition, we note that the Autorité des marchés financiers and the Autorité de contrôle prudentiel et de resolution in France have recently published a warning about another website (www.BinaryCent.com) also operated by FGC AND CPL.
Currently, outside the above warning, this broker has a clean record. Therefore, we still recommend it for potential clients.
Binarycent review Conclusion
Binarycent is a unique broker with great features. There customer service is excellent. In addition, they have good trading conditions. Moreover, had kept their promises including fast execution of trades and processing of withdrawal within an hour.
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