Expert Option vs BinaryCent

Expert Option vs BinaryCent Comparison Table 2023
Expert Option Review 2023 BinaryCent Review 2023
3.5
3.5

BinaryCent is #8 in our binary options broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US accepted

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
  • Quick, easy-to-learn and use trading platform
  • Diverse range of account currencies and 20+ accepted payment methods allows flexible funding
  • Good range of educational materials provides content for all experience levels
  • Analytical tools for higher-level accounts are a useful addition for experienced traders
  • High payouts up to 95% are above the industry average
  • Generous bonus offers available in some countries
  • No deposit and withdrawal fees
  • Low minimum deposit (just $10)
  • 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
  • Small list of assets with just 100 on offer compared to 1000+ offered by some competitors
  • No traders accepted from some countries and regions including the US
  • $10/monthly inactivity fee penalizes less active traders
  • Less suitable for longer-term trading strategies
  • 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
Options, stocks, commodities, forex, crypto, futures, Stocks, Options, CFD, Forex, Crypto, Binary Options
Demo Account
Yes Yes
Minimum Deposit
$10 $250
Trading Platforms
  • Own
  • Own
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
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • INR
  • JPY
  • ZAR
  • MYR
  • IDR
  • TRY
  • SEK
  • NOK
  • DKK
  • CHF
  • HKD
  • SGD
  • RUB
  • PLN
  • CZK
  • AED
  • USD
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
  • BTC
  • BCH
  • ETH
  • ZEC
  • XRP
  • XMR
  • SAN
  • OMG
  • LTC
  • BTC
  • IOT
  • ETH
  • ETC
  • EOS
  • DSH
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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