Expert Option vs BinaryCent
| Expert Option Review 2023 | BinaryCent Review 2023 |
|---|---|
3.5
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3.5
BinaryCent is #8 in our binary options broker rankings. |
 Traders from US not accepted
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Traders from US accepted |
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Expert Option is an offshore broker that offers a simple and intuitive trading experience through a bespoke, user-friendly platform. Trader can access 100 popular assets via binary options contracts with payouts up to 95%, free educational resources, and market data available to upper-tier account holders. |
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 | |
| 100% deposit bonus | 20% - 200% deposit bonus |
| Comment by Reviewer | |
| "Expert Option will suit aspiring traders who want to access the financial markets through a binary options broker with a very easy-to-learn bespoke platform. The user-friendly trading platform is ideal for beginners." | "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 | |
| Options, stocks, commodities, forex, crypto, futures, | Stocks, Options, CFD, Forex, Crypto, Binary Options |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $10 | $250 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| $1 | $0.01 |
| Regulator | |
| SVGFSA | 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 | |
| No | Yes |
| Mobile Apps | |
| iOS and Android | iOS, Android |
| Auto Trading | |
| ExpertBot | Centobot for binary options |
| Copy Trading | |
| Yes | Yes |
| Copy Trading Platform | |
| You can study and copy the positions of established VIPs to increase potential returns. Users can find master traders based on asset class and historic returns. A useful leaderboard is available to social traders. | 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 | Yes |
| Trade Signals | |
| Only for Platinum and Exclusive accounts | |
| 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 | |
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| Stock Exchanges | |
| Commodities | |
| 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 | |
| Expert Option traders can access some of the most popular forex pairs including USD/EUR, GBP/USD and GBP/EUR using binary options contracts that payout up to 95%, well above the industry average of around 85%. | 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 | |
| $5 on any winning trades + 5% on payouts | Floating |
| EURUSD Spread | |
| $5 on any winning trades + 5% on payouts | Floating |
| EURGBP Spread | |
| $5 on any winning trades + 5% on payouts | Floating |
| Assets | |
| 6 | 25+ |
| Cryptocurrency | |
| Traders can speculate on Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) price movements using high/low binary options on a proprietary platform. These are three of the most popular cryptocurrencies on the market, but the offering lacks the variety and volatility offered by less popular tokens. | 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 | |
| $5 on any winning trades | 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 | |
| Expert Option is a well-known binary options broker providing access to 100 assets with a $5 charge on winning trades. Payouts are competitive and users can speculate on rising or falling prices with one-click in the web-accessible platform. Binaries are aimed at ultra-short-term traders, ranging from 60 seconds to 5 minutes. | 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% | 95% |
| Expiry Times | |
| 60 seconds - 5 minutes | 5 seconds - 30 days |
| Ladder Options | |
| No | No |
| Boundary Options | |
| Yes | Yes |
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| More Comparisons | |
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Expert Option vs |
BinaryCent vs |