Binarycent is a broker that has been operating since 2015. Company is owned by the brand Wave Makers Ltd, based in the Marshall Islands. Binarycent operates under the regulation of VFSC.
Binarycent Profile Details: Key Information About The Company
Updated: October 27, 2023
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This Binary review delves into the profile details of Binarycent, a recognized binary trading platform in the trading industry. We'll explore its business model, services, and other pertinent information to understand the company comprehensively.
What the profile on Binarycent includes
Binarycent has a good niche in the trading industry with its diverse account offerings tailored to cater to various trader needs. With four real accounts and a demo account, traders have various choices. The broker's minimum deposit is $250. Traders can expect a profit margin of up to 95% from their transactions.
For those cautious about investing large sums initially, Binarycent offers an investment as low as 10 cents. This flexibility makes it a suitable platform for both beginners and seasoned traders. Binarycent employs SSL technology, ensuring customer data remains protected from potential cyber threats. Additionally, the company's decision to keep its client funds in a European bank underscores its commitment to security. However, potential users should be aware that any major financial authority doesn't regulate Binarycent.
Binarycent general information
Contact information
Registration address. Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960
Official site. binarycent.com
Contacts.
Email: support@binarycent.com
Phone: +1-8299476393, 61-8-5550-7288
Who is the owner of Binarycent?
BinaryCent is owned by the brand Wave Makers Ltd, based in the Marshall Islands. The broker received the "Best Broker 2015" award, as recognized by Fair Binary Options.
Customer base
Binarycent has a global reach, offering its services to clients from various countries, including Australia, Thailand, Canada, the UK, South Africa, and Singapore.
Legal entities and regulation
Binarycent operates under the regulation of VFSC. However, it's crucial to note that no major financial authority or government regulates or oversees the platform's operations.
Overview of products
Binarycent offers a range of account options to accommodate traders, regardless of their experience.
1
Bronze account. This basic account is suitable for those who can deposit $250. It comes with perks like a 20% bonus, the ability to withdraw funds within an hour, and access to live chat for any assistance.
2
Silver account. A step up, this account is for those who can deposit $1,000. It offers a 50% bonus, the privilege of making three trades without the risk of loss, and a personal account manager to guide the trader.
3
Gold account. This is a top-tier account for traders who can deposit $3,000. It boasts a 100% bonus and includes all the benefits of the Bronze and Silver accounts.
Binarycent has made the deposit and withdrawal process user-friendly. The starting deposit is set at $250, but what's notable is the ability to make trades as low as $0.10. For those into digital currency, the platform accepts Bitcoin. Additionally, Binarycent ensures users have ample support through live video chats, phone calls, and emails.
Binarycent services
Diverse account types. Binarycent provides a variety of account options to suit different trading preferences. They offer four distinct real accounts and a demo account for practice.
Investment range. While the platform has a set minimum deposit of $250, it allows for small-scale investments, permitting trades to begin at just 10 cents.
High-profit potential. On Binarycent, the potential return on transactions can reach up to 95%, though it's essential to approach cautiously and understand the risks.
Transaction copying service. For those new to trading, Binarycent offers a feature where they can copy the trades of more seasoned participants, aiding in their learning process.
Quick registration. Binarycent has streamlined its registration process, ensuring new users can set up accounts without prolonged waiting times.
Flexible account replenishment. While the initial deposit to activate an account is $250, Binarycent provides various methods to fund the account, catering to different user preferences
Risk-free trades bonus. As a feature, Binarycent offers the first three trades without risk. The platform compensates the account if these trades don't yield profit, though terms and conditions apply.
Affiliate program. Binarycent has an affiliate system in place. Participants can earn some income by referring others, but it's crucial to understand the program's specifics.
Transparent trading conditions. One of Binarycent's principles is clear communication. They ensure that all trading conditions, fees, and other relevant details are transparent to users.
FAQs
Is Binarycent real or fake?
Binarycent is a real binary and CFD trading platform.
Does Binarycent really pay?
Yes, Binarycent really pays its traders.
Can you use a bot on Binarycent?
Yes, bots can be used on the Binarycent platform.
How do I set up a Binarycent account?
To set up an account, visit Binarycent's official website, register, verify your account, and then fund it to start real trading.
Team that worked on the article
Alamin Morshed
Contributor
Alamin Morshed is a contributor at Traders Union. He specializes in writing articles for businesses who want to improve their Google search rankings to compete with their competition.
Dr. BJ Johnson
Developmental English Editor
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.