Bitfinex vs BinaryCent

Bitfinex vs BinaryCent Comparison Table 2023
Bitfinex	BinaryCent
Review 3.9	Review 3.5 BinaryCent is #9 in our binary options broker rankings.
Traders from US not accepted See available crypto brokers	Traders from US accepted
Bitfinex is a crypto trading firm with a powerful proprietary platform and a good range of digital assets. With 180+ cryptocurrencies and 430+ market pairs traded via spot or perpetual swap derivatives, this is a flexible exchange with plenty of opportunities for serious crypto traders. Bitfinex also offers decent leverage up to 1:10.	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.
Bonus Offer
Referral codes	20% - 200% deposit bonus
Comment by Reviewer
"Experienced crypto traders who want to trade spot or derivatives in high volumes will find a good match in Bitfinex."	"Traders who want a reliable binary options broker with a streamlined platform and high payouts should try out BinaryCent."
Pros
Excellent selection of cryptos with hundreds of tokens including Bitcoin Perpetual swap derivatives trade with up to 1:10 leverage Powerful in-house terminal is compatible with MT4 and MT5 BitGo instant for zero confirmations on instant Bitcoin transactions Reliable multilingual customer support Staking program (ie: ETH staking) API Python 3 key Web socket Quandl data	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
Cons
Not as user-friendly as some competitors History of security breaches raises concerns Lengthy verification process can take up to 8 weeks	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
Awards
	Tech Finance - Journal Award - 2015 iFX Expo Asia Award - 2016
Instruments
Cryptos	Stocks, Options, CFD, Forex, Crypto, Binary Options
Demo Account
Yes	Yes
Minimum Deposit
$10,000	$250
Trading Platforms
MT4 MT5 AlgoTrader	Own
Payment Methods
Bitcoin Payments Credit Card Debit Card Ethereum Payments Mastercard Simplex UnionPay Visa Wire Transfer	Bitcoin Payments Credit Card Debit Card Ethereum Payments Mastercard Neteller Perfect Money POLi Skrill Visa WebMoney Wire Transfer
Minimum Trade
$10 - $25	$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
Yes	No
Spot Trading
Yes	Yes
Mobile Apps
iOS, Android	iOS, Android
Auto Trading
Yes	Centobot for binary options
Copy Trading
No	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.
Social Trading
No	Yes
VPS Hosting
No	No
Tournaments
No	Yes
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	Yes
Islamic Account
No	No
Account Currencies
USD EUR GBP JPY	USD
Stock Exchanges
	FTSE UK Index Nasdaq
Commodities
	Gold Oil Silver
CFD Trading
CFD trading not offered	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.
Leverage
	1:500
FTSE Spread
	Floating
GBPUSD Spread
	Floating
Oil Spread
	Floating
Stocks Spread
	Floating
Forex Trading
Forex trading not offered	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.
GBPUSD Spread
	Floating
EURUSD Spread
	Floating
EURGBP Spread
	Floating
Assets
	25+
Cryptocurrency
Bitfinex offers clients trading on a superb range of crypto assets, including more than 180 tokens. Perpetual swap trading is supported in addition to spot, giving traders access to margin trading on crypto assets with up to 1:10 leverage.	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.
Spread
Taker (0.2% to 0.055%) and maker (0.1% to 0.0%)	N/A
Coins
BTC ETH USDT LTC XRP DOGE ETC EOS LINK BCHN DOT DASH IOTA SUSHI NEO ZEC UNI ADA OMG MDOGE BSV TRX XTZ SOL XLM YFI USDC ZRX FIL VET XMR COMP BTG DAI LUNA CEL ALGO ATOM EGLD FTT AVAX MKR LEO BTT CHZ BAT BAND QTUN CLO AAVE XDC HEZ KNC ZIL MANA BAL UOS	ZEC XRP XMR SAN OMG LTC BTC IOT ETH ETC EOS DSH
Crypto Lending
Yes	No
Crypto Mining
No	No
Crypto Staking
Yes	No
Auto Market Maker
No	No
Binary Options
Binary options trading not offered	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.
Payout
	95%
Expiry Times
	5 seconds - 30 days
Ladder Options
No	No
Boundary Options
No	Yes

Review	Review
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