BinaryCent vs RaceOption

BinaryCent vs RaceOption Comparison Table 2023
BinaryCent Review 2023	RaceOption Review 2023
Review 3.5 BinaryCent is #8 in our binary options broker rankings.	Review 3.5 RaceOption is #4 in our binary options broker rankings.
Traders from US accepted	Traders from US 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.	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
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	Beginner-friendly copy trading opportunities in the broker's proprietary trading platform Free and instant deposits via bank cards and cryptos, plus guaranteed withdrawals processing within 1 hour Well-optimised proprietary mobile trading app with instant execution, full trading history and responsive live charts First 3 trades are risk-free in the Silver and Gold accounts, with only $1,000 required to be eligible Sign-up bonuses from 20%, plus weekly trading contests and prize giveaways Flexible weekend trading available plus 24/7 multilingual customer support High payouts on popular underlying assets up to 95%
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	$250 minimum deposit is higher than other binary options brokers Unregulated broker with lower safety score Limited educational resources Withdrawal thresholds apply No free demo account
Awards
Tech Finance - Journal Award - 2015 iFX Expo Asia Award - 2016
Instruments
Stocks, Options, CFD, Forex, Crypto, Binary Options	Binary Options, CFDs
Demo Account
Yes	Yes
Minimum Deposit
$250	$250
Trading Platforms
Own	TradingView
Payment Methods
Bitcoin Payments Credit Card Debit Card Ethereum Payments Mastercard Neteller Perfect Money POLi Skrill Visa WebMoney Wire Transfer	Bitcoin Payments Credit Card Debit Card Ethereum Payments Mastercard Neteller Perfect Money Skrill Visa
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
USD	USD EUR GBP AUD RUB
Stock Exchanges
FTSE UK Index Nasdaq	DAX GER 40 Index FTSE UK Index
Commodities
Gold Oil Silver	Coffee Gold Oil Silver
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
ZEC XRP XMR SAN OMG LTC BTC IOT ETH ETC EOS DSH	BTC
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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