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Olymp Trade vs BinaryCent

Olymp Trade vs BinaryCent Comparison Table 2023
Olymp Trade BinaryCent
Review
1.5
Review
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

Olymp Trade was established in 2014 and now boasts over 25k active traders each day. With a presence in over 130 countries and support in 13 languages, the brand offers a stable platform, competitive spreads and attractive rewards for new traders. Olymp Trade also offers fixed time trades over a huge range of markets.

Deposit and trade with a Bitcoin funded account. BinaryCent offers binary options, FX and CFD trading. 1:500 leverage is also available.

Bonus Offer
20% - 200% deposit bonus
Comment by Reviewer
"Olymp Trade is a good option for beginners looking for access to popular financial markets, 24/7 support, and a user-friendly trading platform."
Pros
  • Over 10 flexible payment methods including bank cards and Bitcoin deposits
  • Diverse asset classes including commodities, cryptos and composite indices
  • Comprehensive blog section with analytics, trading education and market news
  • Minimum deposit and withdrawals of only $10, ideal for newer traders
  • 24/7 customer support via the broker's hotline, email or live chat
  • Fixed time trades on popular markets
Cons
  • Offshore broker with weak regulatory oversight
  • Only one proprietary platform available
  • Limited transparency
Awards
  • Tech Finance - Journal Award - 2015
  • iFX Expo Asia Award - 2016
Instruments
Fixed Time Trades Stocks, Options, CFD, Forex, Crypto, Binary Options
Demo Account
Yes Yes
Minimum Deposit
$10 $250
Payment Methods
Minimum Trade
€/$1 ¢0.01
Regulator
FinaCom VFSC
Margin Trading
No Yes
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
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, Android and Windows iOS, Android
Auto Trading
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
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
Yes No
Account Currencies
  • USD
  • USD
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered You can take positions on a range of popular trading markets
Leverage
1:500
FTSE Spread
Floating
GBPUSD Spread
Floating
Oil Spread
Floating
Stocks Spread
Floating
Forex Trading
Forex trading not offered You can trade forex on BinaryCent with leverage up to 1:500
GBPUSD Spread
Floating
EURUSD Spread
Floating
EURGBP Spread
Floating
Assets
25+
Cryptocurrency
Olymp Trade offers a handful of leading cryptos like Bitcoin and Ethereum. The Basic Altcoin Index is also a great addition, offering broader exposure to the currency market for those that don't want to put all their money in one crypto. BinaryCent offers trading on a decent list of cryptocurrencies. The broker also accepts crypto deposits and withdrawals.
Spread
Variable N/A
Coins
  • BTC
  • ETH
  • LTC
  • DASH
  • 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
Olymp Trade offers fixed time trades on a huge range of markets. Established in 2014, the firm now sees more than 30 million monthly transactions with an average monthly payout of over $16 million. BinaryCent offers welcome deposit bonuses and high payouts up to 95%. Traders can get started with a straightforward joining form.
Payout
90% 95%
Expiry Times
5 seconds - 23 hours 5 seconds - 30 days
Ladder Options
No No
Boundary Options
No Yes
Review
Review
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