Eightcap vs BinaryCent
| Eightcap | BinaryCent |
|---|---|
4.6
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3.5
BinaryCent is #9 in our binary options broker rankings. |
 Traders from US not accepted
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Traders from US accepted |
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Eightcap is a forex and CFD broker founded in Australia in 2009. The brand is popular with serious day traders for its raw spreads on 1000+ instruments and advanced MetaTrader platforms. With five global offices and ASIC regulation, Eightcap has built a strong reputation. New traders can also sign up for a live account in just a few minutes. |
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 | |
| 20% - 200% deposit bonus | |
| Comment by Reviewer | |
| "Eightcap is great for day traders familiar with MT4 and MT5 and looking to trade forex and CFDs in a secure environment. The brand is also a great pick for crypto traders with 100+ derivatives, a sophisticated market scanner, plus Bitcoin and Tether deposits." | "Traders who want a reliable binary options broker with a streamlined platform and high payouts should try out BinaryCent." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| CFDs, Forex, Stocks, Indices, Commodities, Crypto | Stocks, Options, CFD, Forex, Crypto, Binary Options |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $100 | $250 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | $0.01 |
| Regulator | |
| FCA, ASIC, CySEC, SCB | VFSC |
| Margin Trading | |
| Yes | Yes |
| STP Account | |
| No | No |
| ECN Account | |
| Yes | No |
| DMA Account | |
| No | No |
| MAM Account | |
| Yes | 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 | |
| Yes | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Mobile Apps | |
| iOS & Android | iOS, Android |
| Auto Trading | |
| Capitalise.ai, Expert Advisors (EAs) on MetaTrader | 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 |
| Trade Signals | |
| Cryptocrusher - signals for cryptocurrencies | |
| VPS Hosting | |
| Yes | No |
| Tournaments | |
| No | Yes |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | Yes |
| Inactivity Fee | |
| $0 | |
| Islamic Account | |
| Yes | No |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Trade over 800 CFDs on popular indices, shares, forex, cryptos and commodities. Clients get premium liquidity and superior execution with servers in leading data centres. Eightcap also offers more choice than most competitors in terms of platforms with MT4, MT5 and TradingView. | 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 | 1:500 |
| FTSE Spread | |
| 1.2 | Floating |
| GBPUSD Spread | |
| 1.0 | Floating |
| Oil Spread | |
| 0.03 | Floating |
| Stocks Spread | |
| $4 round turn | Floating |
| Forex Trading | |
| Trade 50+ major, minor and exotic pairs with an award winning platform. Users get institutional-level prices with spreads from 0.0 pips and low commissions. The VPS will also serve high-volume, active day traders. | 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 | |
| 1.0 | Floating |
| EURUSD Spread | |
| 1.0 | Floating |
| EURGBP Spread | |
| 1.0 | Floating |
| Assets | |
| 50+ | 25+ |
| Cryptocurrency | |
| Eightcap offers Crypto-CFDs with over 100 crypto-backed derivatives, more than many rivals. Bitcoin spreads are also lower than most brokers coming in at 12, while the market scanner is a unique and powerful trading aid. | 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 | |
| From $0 | 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 | |
| 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 |
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| More Comparisons | |
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Eightcap vs |
BinaryCent vs |