BinaryCent vs Binomo
BinaryCent | Binomo |
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3.5
BinaryCent is #9 in our binary options broker rankings. |
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3.4
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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. |
Binomo is a beginner-friendly binary options broker that offers trading on forex, stocks and indices via high/low binary options on a simple web-based platform with payouts up to 90% and reliable service. The firm was launched in 2012 and is based offshore. |
Bonus Offer | |
20% - 200% deposit bonus | |
Comment by Reviewer | |
"Traders who want a reliable binary options broker with a streamlined platform and high payouts should try out BinaryCent." | "Traders who enjoy straightforward, fast-paced trading on forex and stocks should check out Binomo's short-term binary options. The intuitive platform and joining requirements make the brand particularly attractive for newer traders." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Stocks, Options, CFD, Forex, Crypto, Binary Options | Fixed Time Trades |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$250 | $10 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
$0.01 | $1 |
Regulator | |
VFSC | |
Margin Trading | |
Yes | No |
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 | |
Yes | No |
Mobile Apps | |
iOS, Android | iOS and Android |
Auto Trading | |
Centobot for binary options | BinomoBot tracks 12 moving and 5 technical indicators and can be set up in than 3 minutes. |
Copy Trading | |
Yes | No |
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 | |
Yes | No |
Trade Signals | |
Yes | |
VPS Hosting | |
No | No |
Tournaments | |
Yes | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
Yes | No |
Inactivity Fee | |
$30 | |
Islamic Account | |
No | No |
Account Currencies | |
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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. | CFD trading not offered |
Leverage | |
1:500 | |
FTSE Spread | |
Floating | |
GBPUSD Spread | |
Floating | |
Oil Spread | |
Floating | |
Stocks Spread | |
Floating | |
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. | Binomo offers a competitive suit of currencies from majors like EUR/USD to exotics like EUR/MXN. But with contracts spanning 1 minute to 1 hour, the broker is best for short-term forex binary options traders. |
GBPUSD Spread | |
Floating | N/A |
EURUSD Spread | |
Floating | N/A |
EURGBP Spread | |
Floating | N/A |
Assets | |
25+ | 19 |
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. | Binomo offers 24/7 fixed time trades on a few major cryptos, including Bitcoin. However this is significantly less than alternatives like Focus Option which offers more than 80 digital tokens. |
Spread | |
N/A | N/A |
Coins | |
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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. | Binomo offers binary options trading around the clock, including the weekends. You can speculate on the short-term price movements of popular markets, from stocks to currencies. Payouts are competitive climbing to 90% and contracts start from just 1 minute. |
Payout | |
95% | 90% |
Expiry Times | |
5 seconds - 30 days | 1 minute - 60 minutes |
Ladder Options | |
No | No |
Boundary Options | |
Yes | Yes |
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More Comparisons | |
BinaryCent vs |
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