BinaryCent vs CloseOption
BinaryCent | CloseOption |
---|---|
![]()
3.5
BinaryCent is #9 in our binary options broker rankings. |
![]()
3.8
CloseOption is #6 in our binary options broker rankings. |
![]() |
![]() |
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. |
CloseOption is a Georgia-headquartered broker with over a decade in the trading industry. The brand offers high/low binary options trading on forex and crypto markets, with decent payouts, welcome bonuses, 24/7 customer support and intuitive trading software. |
Bonus Offer | |
20% - 200% deposit bonus | $10 Welcome Gift |
Promotions | |
Comment by Reviewer | |
"Traders who want a reliable binary options broker with a streamlined platform and high payouts should try out BinaryCent." | "CloseOption is a good pick for traders seeking a user-friendly binary options platform with high payouts and joining bonuses." |
Pros | |
|
|
Cons | |
|
|
Awards | |
|
|
Instruments | |
Stocks, Options, CFD, Forex, Crypto, Binary Options | Binary Options on Forex & Cryptos |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$250 | $5 |
Trading Platforms | |
|
|
Payment Methods | |
Minimum Trade | |
$0.01 | $1 |
Regulator | |
VFSC | National Bank of Georgia |
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 | |
Auto Trading | |
Centobot for binary options | |
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 |
VPS Hosting | |
No | No |
Tournaments | |
Yes | No |
Demo Competitions | |
No | Yes |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
Yes | No |
Inactivity Fee | |
0.5% | |
Islamic Account | |
No | No |
Account Currencies | |
|
|
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. | CloseOption offers binaries on 25+ forex pairs, including majors like EUR/USD and a few minors like AUD/JPY. Payouts vary by currency, with decent typical payouts of 75% for GBP/USD. |
GBPUSD Spread | |
Floating | No fee - payouts approx. 80% (Copper) |
EURUSD Spread | |
Floating | No fee - payouts approx. 80% (Copper) |
EURGBP Spread | |
Floating | No fee - payouts approx. 80% (Copper) |
Assets | |
25+ | 20+ |
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. | CloseOption traders can access high/low binary options on five major cryptos all paired with USD. Payouts of 40% are available due to digital assets' high market volatility, which compares well with rivals. |
Spread | |
N/A | No fee - payouts approx. 40% (Copper) |
Coins | |
|
|
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. | CloseOption offers binary options trading on 30+ fiat and digital currencies through an easy-to-use web-based platform. 15 contract timeframes are available from 30 seconds to 1 month, suiting both short-term and long-term traders. New users also get a joining gift. |
Payout | |
95% | 95% |
Expiry Times | |
5 seconds - 30 days | 30 seconds - 1 month |
Ladder Options | |
No | No |
Boundary Options | |
Yes | No |
![]() |
![]() |
More Comparisons | |
BinaryCent vs |
CloseOption vs |