BinaryCent vs RaceOption
BinaryCent Review 2023 | RaceOption Review 2023 |
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3.5
BinaryCent is #8 in our binary options broker rankings. |
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3.5
RaceOption is #4 in our binary options broker rankings. |
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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. |
RaceOption is a binary options broker operating from the Marshall Islands. With over 1,500 clients, the broker aims to offer fast funding, low fees and a secure trading environment. Traders can access over 100 binary options and CFDs, plus copy trading and weekly prizes. |
Bonus Offer | |
20% - 200% deposit bonus | 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." | "RaceOption will appeal to traders new to binary options looking for copy trading, contests and 24/7 customer support. Experienced traders will also appreciate the account-based perks and bonuses." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Stocks, Options, CFD, Forex, Crypto, Binary Options | Binary Options, CFDs |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$250 | $250 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
$0.01 | $0.01 |
Regulator | |
VFSC | |
Margin Trading | |
Yes | 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 | |
Yes | Yes |
Mobile Apps | |
iOS, Android | iOS & Android |
Auto Trading | |
Centobot for binary options | |
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. | Replicate the positions and strategies of multiple traders while leveraging the RaceOption leaderboard. You can start copy trading in three fast steps and follow multiple traders simultaneously. |
Social Trading | |
Yes | Yes |
VPS Hosting | |
No | No |
Tournaments | |
Yes | Yes |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
Yes | No |
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. | Access a modest range of CFD instruments across key markets, including indices and commodities. Clients can trade directly from charts with high leverage up to 1:500 and customisable time intervals. |
Leverage | |
1:500 | 1:500 |
FTSE Spread | |
Floating | Floating |
GBPUSD Spread | |
Floating | Floating |
Oil Spread | |
Floating | Floating |
Stocks Spread | |
Floating | 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. | Trade 25+ major and minor currency pairs with access to over 30 technical indicators in the broker's proprietary terminal. You can also follow and replicate other forex trades using the integrated copy trader. |
GBPUSD Spread | |
Floating | Floating |
EURUSD Spread | |
Floating | Floating |
EURGBP Spread | |
Floating | Floating |
Assets | |
25+ | 25+ |
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. | Trade popular crypto CFDs with leverage up to 1:30 and utilize convenient crypto funding in Bitcoin, Ethereum or other altcoins. You can also enjoy fully flexible, 24/7 crypto trading at home or on the go. Cryptos are paired with USD and CNY. |
Spread | |
N/A | Floating |
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. | RaceOption offers 100+ binaries with decent payouts up to 95% and ultra-fast expiries from 5 seconds. With a $250 minimum deposit, clients can enjoy free deposits, fast withdrawals and a range of trading bonuses. |
Payout | |
95% | 95% |
Expiry Times | |
5 seconds - 30 days | 5 seconds - 30 days |
Ladder Options | |
No | Yes |
Boundary Options | |
Yes | No |
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More Comparisons | |
BinaryCent vs |
RaceOption vs |