Introduction
Binarycent.com is a binary options trading platform that allows traders to trade in a variety of assets including commodities, stocks, indices, and currencies. The platform is owned and operated by Finance Group Corp., a company that is registered in Vanuatu. The company is also registered with the Financial Commission, an international organization that mediates disputes between brokers and traders.
What is Binarycent.com?
Binarycent.com is a leading online broker that offers traders the opportunity to trade a variety of assets in a secure and user-friendly environment. The company was founded in 2016 and is headquartered in Vanuatu. Binarycent.com is regulated by the Vanuatu Financial Services Commission (VFSC).
Binarycent.com offers two account types – Standard and ECN. Standard account holders can trade with leverage of up to 1:1000 and enjoy spreads from as low as 0.03 pips. ECN account holders can trade with leverage of up to 1:500 and enjoy spreads from as low as 0 pips. Both account types offer 24/5 customer support and a free demo account.
The minimum deposit for a standard account is $250, which gives traders access to over 30 tradable assets, including currency pairs, commodities, indices, stocks, and cryptocurrencies. The minimum deposit for an ECN account is $1000, which gives traders access to over 50 tradable assets, including currency pairs, commodities, indices, stocks, and cryptocurrencies.
Binarycent.com provides a user-friendly platform that is available in three languages – English, French, and German. The platform is web-based so there is no need to download any software. It is also mobile-friendly so traders can trade on the go using their smartphones or tablets.
The platform offers a wide range of features such as real-time quotes, charts
How Does Binarycent.com Work?
If you’re looking for a broker that offers binary options trading, you’ve probably come across Binarycent.com. In this review, we’ll take a look at what Binarycent.com has to offer and see if it’s the right broker for you.
Binarycent.com is a binary options broker that offers trading in a range of assets, including currency pairs, stocks, indices, and commodities. Binary options are a type of financial derivative that allows you to speculate on the movement of an asset’s price without actually owning the asset itself.
When you trade binary options with Binarycent.com, you will need to choose whether you think the price of your chosen asset will go up or down over a certain period of time. If you think the price will go up, you will place a “call” option and if you think the price will go down, you will place a “put” option.
If your prediction is correct and the asset’s price moves in the direction you predicted, then you will make a profit. If your prediction is incorrect and the asset’s price moves against your prediction, then you will incur a loss.
The amount of profit or loss you make on each trade is determined by the “payout percentage” offered by Binarycent.com for that particular asset. For example, if an asset has a payout percentage of
Binarycent.com Pros
-The Binarycent.com trading platform is very user friendly. Even if you are a beginner, you will find it very easy to use.
-The minimum deposit required to open an account with Binarycent.com is just $250, which is very low compared to other binary options brokers.
-There are no hidden fees or commissions charged by Binarycent.com. You will only be charged the spread, which is the difference between the buy and sell price of an asset.
-Binarycent.com offers a wide range of assets including currency pairs, stocks, commodities and indices. You will definitely find an asset that suits your trading style and preference.
-The customer support team of Binarycent.com is very efficient and helpful. They are always willing to help you with any query or problem that you might have.
Binarycent.com Cons
There are a few cons to consider when trading with Binarycent.com. First, the minimum deposit is $250, which may be too high for some traders. Second, there is no demo account available, so you will have to start trading with real money right away. Third, the platform is not very user-friendly and it can be difficult to navigate. Finally, there is no customer support available 24/7, so you may have to wait a while for a response if you have any questions or issues.
Binarycent.com Traders Ratings
Binarycent.com is a binary options trading platform that offers a variety of assets for trading, including currency pairs, stocks, indices, and commodities. Binarycent.com also offers a variety of tools and features for traders, including a demo account, mobile trading app, and education center. In this Binarycent.com review, we will take a look at the pros and cons of this binary options trading platform to help you decide if it is right for you.
The Pros:
-A wide variety of assets to trade including currency pairs, stocks, indices, and commodities.
-A demo account is available to practice trading before depositing money.
-The mobile trading app allows you to trade on the go.
-The education center offers helpful resources for learning about binary options trading.
The Cons:
-Limited customer support hours.
-No live chat support.
Conclusion
Binarycent is a good broker if you’re looking to start binary options trading. The minimum deposit is only $250, which is very low compared to other brokers out there. You can trade with as little as $1, which is also great for beginners. The cons are that there are no demo accounts available and the customer support could be better. Overall, I would recommend Binarycent to anyone interested in binary options trading.