Binary Cent offers a good range of bonuses for newly registered clients at all levels of experience. The amount of initial deposit bonus received depends on the amount deposited, with higher deposit amounts attracting a higher bonus. The software used by this broker is entirely web based for ease of use and the customer support options are especially good, with 24/7 support available through a number of avenues in a variety of world languages to cater for the needs of clients around the globe.
Review Overview
Bonuses - 70%
Software - 70%
Customer Support - 90%
Options Choice - 60%
73%
Good Quality Broker
Summary : Very trusted broker
Intro
Although Binary Cent is a relatively new broker on the market, it appears to have plenty to offer with excellent levels of customer support and an added appeal for novice investors due to the very low initial deposit requirements and exceptionally low minimum trade amount. Offering numerous convenient deposit and withdrawal methods as well as excellent bonuses for new clients at all levels as well as high levels of security across the website, it is easy to see why Binary Cent is proving popular.
Get Your 100% Deposit Bonus With Binary Cent
Company Information
Binary Cent has only recently appeared online as a binary options broker, however already they boast over 10,000 daily transactions. Binary Cent is operated by Bernatex Inter SA which is registered and headquartered in the Seychelles. Bernatex Inter SA operates on behalf of FGC and holds a financial services licence for the peace of mind of its clients. This broker offers clients the choice of three different account types to suit the needs of traders at all levels of experience.
Assets Available
Apparently there are over 100 assets available for trading from Binary Cent including Forex, commodities and shares, however there appears to be no specific information provided on their website of the number or types of assets on offer.
Bonuses & VIP programs
Binary Cent offers bonuses on a sliding scale to every newly registered client, regardless of how much money they deposit in their account. The lowest initial deposit is just $10, and clients who deposit this small sum in their account with receive an initial deposit bonus of 20%. For deposits of between $100 and $300, clients can expect a bonus of 50%, with a 100% bonus being applied to accounts where an initial sum of $300 to $5000 is deposited. For clients who open the highest level Gold account there are also several perks. These include receiving the services of a personal success manager, 3 free risk free trades, a free online Masterclass as well as a free Swiss prepaid card.
Mobile
As well as offering an entirely web based trading platform which requires no downloads or installations and which can therefore be accessed easily through any tablet, smartphone or internet enabled device, Binary Cent also offers a convenient free downloadable mobile trading app which can be found on both the Google Play Store and on the iPhone app store. Some of the advantages of this app include:
- User friendly interface for both long term and short term trading of binary options
- Trading 24/7 including over the weekend
- Guaranteed processing of withdrawals within an hour
- Customer support 24/7 through chat, messaging and telephone helplines
Deposits and Withdrawals
Binary Cent guarantees that all financial transactions processed through their website are entirely secure thanks to the state of the art 256 bit encryption. There are numerous methods available for deposits including:
- Mastercard
- Visa
- JCB
- American Express
- Union Pay
- Neteller
- Skrill
- Perfect Money
- WebMoney
- Qiwi
- Yandex
- Bitcoin
- OK Pay
- Alipay
No fees are charged by this broker and processing of deposits are either accomplished instantly or within a maximum of one hour. Withdrawals are also processed very rapidly within one hour and funds are received within six hours.
The minimum sum that can be deposited into a Binary Cent account is extremely low at just $10, making this the ideal choice of broker for new traders who are looking to limit their initial risks.
Customer Support
Binary Cent is keen to offer its clients a high quality customer service experience, with staff on hand to answer questions and address any potential issues 24 hours a day 7 days a week. There are several handy contact methods to choose from including live video chat support which can be accessed quickly and easily through the broker’s home page, an online web form which can be completed or telephone numbers for multilingual contact centres in several languages including Thai, Russian, Chinese and English. The website can also be viewed in several languages including Russian, Spanish, French, English, Thai, Arabic, German and Portuguese to cater for the needs of clients from around the globe.
Extra Features and Resources
This broker has provided some free educational resources for its clients to enhance their trading experience and to help them to maximise their profits. There are video tutorials available on a range of topics from the absolute basics of trading right up to different trading strategies and models.
Verdict
Binary Cent is a broker that has quite a lot of positive aspects to offer its potential clients, although there are also some drawbacks.
Pros
- A simple and intuitive trading platform
- 100% online trading interface requiring no installations or downloads
- 24/7 multilingual customer support
- Several customer support contact options including live video chat, web form and several telephone helplines
- An excellent choice of deposit and withdrawal methods including e-Wallets and cryptocurrency
- Extremely fast processing of withdrawals and deposits
- Strong 256 bit encryption for the client’s safety
- Free video tutorials
- Bonuses for all newly registered clients
- Mobile trading app for Android and iOS devices
- Licensed and registered broker
Cons
- No clear information about availability of assets
- No complex video tutorials to enhance the experience of more advanced traders
- No email support option
FAQ
Is Binary Cent a good choice for both novice and experienced investors?
If you are a newcomer to the financial markets, Binary Cent is a good choice of broker for you since you can make a very low initial deposit of just $10 in order to begin trading. There are three account types to suit the needs of investors at all levels of experience so you can choose the one that best suits your needs whether you are a novice or are an advanced investor. The very low minimum trade amount is also ideal for new traders who want to limit their risk, however experienced investors will appreciate the perks and advantages that are associated with the higher level Gold account.
Why Choose Binary Cent as my broker?
Binary Cent have a number of advantages to offer potential clients including the opportunity of trading 24 hours a day, even at the weekends. There is also a good range of banking methods to choose from as well as impressive customer support 24 hours a day 7 days a week. Support is multilingual to accommodate the needs of clients from around the world and customers can rely on this broker since they process around 10,000 transactions each day.
How long will it take me to receive my withdrawals?
Binary Cent guarantee very rapid processing of withdrawals, with all requests being processed within just one hour. When choosing most banking options, clients will see their funds being transferred either instantly or within one hour, with no method taking longer than 6 hours to achieve cleared funds.
Can I use e-Wallet methods to make a deposit with Binary Cent?
Binary Cent offers its clients a wide range of banking options for both withdrawals and deposits including e-Wallets like Neteller and Skrill. This caters for the needs and preferences of all kinds of traders, whether they want a contemporary or more traditional banking method.
Are my details safe with this broker?
Binary Cent is keen to ensure that all of its clients’ personal and financial details are well protected from potential hackers and this is why they offer the strongest state of the art 256 bit encryption across its website so that all transactions are secure.
How do I open an account with Binary Cent?
It is extremely quick and easy to open a live trading account with this broker. Simply click on the link to register for an account, complete the basic information requested and then make your first low initial deposit so that you can begin trading instantly.