Some History & Background Behind BinaryCent
At Vip Binary Options we reviewed a lot of Forex Brokers and Binary Options, there’s one way that you can know if a broker is legitimate or if it is a scam, by simply checking if they have a verified license from their local governments financial regulator, and when we’re reviewing BinaryCent, we noticed that they have a license in Vanuatu.
BinaryCent is one binary option broker it’s owned by a Professional Experienced Group of the Financial, located in Vanuatu.
On BinaryCent, the trading system gives their clients 3 types of binary options: Intraday, Long Term, and Turbo Options.
Options of Withdrawals
On BinaryCent, the Withdrawals are processed during the hour according to the BinayCent website, but due to the high number of requests about the withdrawal time, we think that method isn’t a guarantee. The method of withdrawal is which ones that the BinaryCent finance team decides, accordingly with their T&Cs the client can’t request a specific withdrawal method. The finance team of BinaryCent’ll decide how you will receive your money.
At this moment the main focus is Crypto Currencies.
Trading Bitcoin with BinaryCent.
For Crypto Lovers, BinaryCent offer CFD trading on Ethereum, Bitcoin, Litecoin, Zcash, Primecoin, BlackCoin, Peercoin, Dash, Bitcoin Cash, Reddcoin, Monero and other cryptocurrencies. Withdrawals and deposits are available by using cryptocurrencies but unfortunately, there’s no leverage so what you have is what you can trade.
SOME BINARYCENT FEATURES
✔️ The bonus at BinaryCent starts at 20% for a deposit of 250 USD and can go high as 100% for a deposit of 3000 USD. The turnover required before you can withdraw your own money in case of you’ve received a bonus is 20 times. You can’t withdrawal the bonus, this has to be used only for trading. We advise you to read more about the bonus Policy.
✔️ BinaryCent has accounts and girls on video chat. The former is relatively good because you can get some type of feel of real trading without risking much, but it is an extra amoung binary options brokerages.
SOME BINARYCENT RATINGS
✔️ 15/20 User Friendliness
The BinaryCent website is available in 8 different languages, it looks half-finished with hard-to-get information. The FAQ section isn’t very explicit, demo accounts are not available (they advertise it, but we couldn’t find it on the website). The platform is easy to use.
✔️ 14/20 Number of Assets and Expiry Time
You only can have access to the Asset list after the registration, so we had to register to get it. Exist 26 currencies, 2 commodities (silver and gold), 4 stocks and Crypto Currencies that we mention above in our Review. This is a very small asset basket but at least they offer Cryptos and that’s the Trends in these days. The time for Turbo options expiries is between 1 and 6 min (in increments of 1min). The others expiries are on the end of the day and long term is one month.
✔️ 13/20 Commissions, Support, and Effective Return
There are no commissions if you want to open an account, but you will need to pay 20% fee if you wish to withdraw from an account that hasn’t reached the required turnover. The BinaryCent offers also CFD Trading, that requires you to pay a spread, that is floating and depends on market conditions. The support isn’t that very knowledgeable but is polite. The returns for successful Binary Options investments go up to 80%.
✔️ 13/20 Payment, Deposit, and Bonus
At BinaryCent, as we mentioned above, the min deposit is 250USD and can be performed through Mastercard, Neteller, Skrill, Visa, and others. Min withdrawal is 50 USD but the method is decided by BinaryCent’s finance team as we also mentioned above. The bonus can go up to 100% but we don’t recommend accepting such a high amount.
✔️ 12/20 Website Extras
The good on this Broker is that the minimum trade amount is just one cent, which is good for people who just got started in this investments side, but also good for money management. The other obvious extra is the video chat with the girls, but it is not my definition of professionalism. It maybe can be a trick to attract male clients. Bitcoin and altcoins trading is available.
You can find a lot of BinaryCent Reviews and Testimonial’s about these factors, and this broker is worth a look. BinaryCent was founded by experienced professionals of trading, technology industries and of financial part, with just one objective: provide the most advanced, trustworthy, secure and easy to understand and use an investment platform for smart investors.