Binarium vs BinaryCent

Binarium vs BinaryCent Comparison Table 2024
Binarium BinaryCent
2.6

Binarium is #6 in our binary options broker rankings.

3.5

BinaryCent is #7 in our binary options broker rankings.

United States Flag Traders from US accepted
United States Flag Traders from US accepted

Binarium is an established international broker offering binary options trading on diverse markets including stocks, indices, forex, commodities and cryptocurrencies. Traders can start trading with as little as $1 and earn payouts up to 80% of their stake.

BinaryCent is an unregulated binary options broker that offers 24/7 trading on forex, cryptos and stocks with payouts up to 95%. Despite its lack of regulation, this broker takes client security seriously and stores client funds in European banks. The broker also offers CFDs with very high leverage up to 1:500.

Bonus Offer
20% - 200% deposit bonus
Comment by Reviewer
"Binarium is a good binary options broker for traders looking for an experienced brand with low deposit requirements and a welcome bonus." "Traders who want a reliable binary options broker with a streamlined platform and high payouts should try out BinaryCent."
Pros
  • Segregated client funds
  • Promotions including 100% welcome bonus and trading tournaments
  • Flexible payment methods and account currencies, including support for crypto payments
  • Community forum platform
  • Enhanced educational features
  • Demo account with virtual funds
  • Low minimum deposit requirements
  • Simple and straightforward proprietary platform for binary options trading
  • Payouts up to 95% are higher than most competitors and increases profit potential
  • Trade binary contracts from $0.10 allowing trading opportunities for all budgets
  • Copy trading and binary options bots are useful for beginner traders
  • Accepts a wide range of funding methods, including cryptos and e-wallets
Cons
  • Unregulated
  • Limited trading instruments
  • Limited information on broker’s website
  • No industry established trading terminals
  • Lower payouts than other binary options brokers
  • Specific bonus terms and conditions to meet before being able to withdraw funds
  • Not available to traders based in the US
  • The $250 minimum deposit is higher than most binary options brokers
  • Not overseen by any reputable regulator, raising risks and reducing customer protections
Awards
  • Tech Finance - Journal Award - 2015
  • iFX Expo Asia Award - 2016
Instruments
Forex, Stocks, Cryptos CFDs, Forex, Stocks, Cryptos, Options, Commodities
Demo Account
Yes Yes
Minimum Deposit
$5 $250
Trading Platforms
  • Own
  • Own
Payment Methods
Minimum Trade
$1 $0.01
Regulator
VFSC
Margin Trading
No Yes
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android iOS, Android
App Review

Binarium offers a mobile app that should provide an optimal trading experience on the go. However, we’ve observed worrying complaints of deposits not showing in account balances despite multiple requests to the support team. So, despite a very modern interface and capable charting tools, it trails industry leaders.

BinaryCent, like most binary brokers, doesn’t offer its own app – just trading through mobile browsers. In this instance, the result is an average workspace with relatively crisp graphics, one-tap trading and access to copy trading from the menu at the bottom. However, charts don’t optimize well when you turn the device horizontally and the pop-up promotions were distracting during testing, detracting from the overall user experience.

Android App Rating
3.3
3
iOS App Rating
1.3
3
Auto Trading
Centobot for binary options
Copy Trading
No Yes
Copy Trading Platform
The copy trading tool is available for all account types, including the lowest - Bronze. You can pick a trader based on their returns and ranking. The sign-up process is quick and account activation is instant.
Social Trading
No Yes
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No Yes
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • AUD
  • RUB
  • USD
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered You can take positions on a range of popular trading markets including forex, stocks, energies and metals. Leverage is high at 1:500 and live spreads can be viewed in the web-accessible platform and app.
Leverage
1:500
FTSE Spread
Floating
GBPUSD Spread
Floating
Oil Spread
Floating
Stocks Spread
Floating
Forex Trading
Trade 20 forex pairs, including majors like EUR/GBP and USD/GBP as well as minor pairs. On the downside, this isn't the most varied selection of currencies available. Trade 24 forex pairs via binary options. Such a small range of currency pairs is not that unusual among binary options brokers, and BinaryCent's high payouts up to 95% compensate for the lack of range.
GBPUSD Spread
N/A Floating
EURUSD Spread
N/A Floating
EURGBP Spread
N/A Floating
Assets
20 25+
Cryptocurrency
Trade binary options on three Bitcoin pairs – BTC/USD, BTC/GBP and BTC/EUR – with flexible contract lengths. Simply bet whether the price of the asset will rise or fall. BinaryCent offers trading on a decent list of cryptocurrencies, including major tokens like Bitcoin. The broker also accepts crypto deposits and withdrawals, making it straightforward to fund, trade and manage your activities in digital currencies.
Spread
N/A N/A
Coins
  • BTC
  • ZEC
  • XRP
  • XMR
  • SAN
  • OMG
  • LTC
  • BTC
  • IOT
  • ETH
  • ETC
  • EOS
  • DSH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Binarium is an experienced binary options broker offering access to a range of financial markets with a proprietary, sleek platform. New users can claim a welcome bonus up to $1,500 or practice in the demo account with $10,000. BinaryCent provides binary options trading on a range of markets through a slick proprietary platform. Traders can invest as little as $0.10 per trade and earn payouts up to 95%, and these are excellent terms that accommodate casual and low-capital traders while allowing profit opportunities.
Payout
80% 95%
Expiry Times
5 seconds - 30 days
Ladder Options
No No
Boundary Options
No Yes
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