BinaryCent vs Anzo Capital

BinaryCent vs Anzo Capital Comparison Table 2024
BinaryCent Anzo Capital
3.5

BinaryCent is #7 in our binary options broker rankings.

3.9
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

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.

Anzo Capital is an offshore broker that offers leveraged CFDs on 100+ instruments including forex, stocks, indices and metals. The MetaTrader 4 and MetaTrader 5 platforms are supported, and traders can choose between an STP account with spreads starting from 1.4 pips and zero commission, or an ECN account with a $4 round-turn commission and spreads from zero. A decent range of payment methods are accepted, including crypto deposits.

Bonus Offer
20% - 200% deposit bonus 20% Deposit Bonus up to $10,000
Comment by Reviewer
"Traders who want a reliable binary options broker with a streamlined platform and high payouts should try out BinaryCent." "Anzo Capital will suit traders looking for highly leveraged CFDs with the flexibility to choose between STP and ECN accounts."
Pros
  • 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
  • Spreads as low as zero pips on forex, oil and silver
  • Tier 1 liquidity providers including Goldman Sachs and HSBC
  • Good range of payment methods including cryptocurrencies
  • Multi-account manager (MAM)
  • A low minimum deposit of $100
  • Several languages supported
  • MetaTrader 4 platform
  • Copy trading solution
  • VPS service
  • Demo profile
Cons
  • 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
  • Inactivity fees
  • Limited asset range
  • Not available in the US
  • Week regulatory oversight
Awards
  • Tech Finance - Journal Award - 2015
  • iFX Expo Asia Award - 2016
  • Best Broker of the Year 2023 - Mindanao Traders Expo
Instruments
CFDs, Forex, Stocks, Cryptos, Options, Commodities CFDs, Forex, Precious Metals, Stocks
Demo Account
Yes Yes
Minimum Deposit
$250 $100
Trading Platforms
  • Own
  • MT4
  • MT5
Payment Methods
Minimum Trade
$0.01 0.01 Lots
Regulator
VFSC FSC, SVGFSA, FCA
Margin Trading
Yes Yes
STP Account
No Yes
ECN Account
No Yes
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
Yes No
Mobile Apps
iOS, Android iOS & Android
App Review

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
iOS App Rating
3
Auto Trading
Centobot for binary options Myfxbook AutoTrade plus Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes 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. Copy trading is available through the popular third-party platform, Myfxbook. There is a $1000 minimum deposit for Anzo Capital clients and a $12 commission per lot round turn.
Social Trading
Yes Yes
Trade Signals
Yes
VPS Hosting
No Yes
Tournaments
Yes No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
Yes No
Inactivity Fee
$15
Islamic Account
No No
Account Currencies
  • USD
  • USD
  • EUR
Stock Exchanges
Commodities
CFD Trading
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. Anzo Capital clients can use MetaTrader 4 and MetaTrader 5 to trade CFDs on stocks, equity indices, crude oil and precious metals with competitive price levels.
Leverage
1:500 1:1000
FTSE Spread
Floating 1.1
GBPUSD Spread
Floating 0.3
Oil Spread
Floating 0.0
Stocks Spread
Floating N/A
Forex Trading
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. Anzo Capital offers 45+ forex pairs including majors, minors and exotics with fast execution and spreads starting from zero. High leverage up to 1:1000 is available with a margin call at 80% and a stop out level at 50%.
GBPUSD Spread
Floating 0.3 pips
EURUSD Spread
Floating 0.0 pips
EURGBP Spread
Floating 0.3 pips
Assets
25+ 45
Cryptocurrency
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. Crypto trading not offered
Spread
N/A
Coins
  • 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
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. Binary options trading not offered
Payout
95%
Expiry Times
5 seconds - 30 days
Ladder Options
No No
Boundary Options
Yes No
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