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Score
Marshall Islands
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Influence
Add brokers
Comparison
Quantity 2
Exposure
Score
Regulatory Index0.00
Business Index7.38
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Danger
Warning
Danger
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Company Name
Wave Makers LTD
Company Abbreviation
Binarycent
Platform registered country and region
Marshall Islands
Company website
X
Company summary
Pyramid scheme complaint
Expose
Binarycent Review Summary | |
Founded | 2016 |
Registered Country/Region | Marshall Islands |
Regulation | No regulation |
Market Instruments | Cryptocurrencies |
Demo Account | / |
Leverage | Up to 1:500 |
Spread | / |
Trading Platform | / |
Minimum Deposit | $250 |
Customer Support | Live chat |
Tel: +1-8299476393 (English) | |
Tel: +7-499-3806317 (Russian) | |
Tel: 3-395-0396 (Chinese) | |
Tel: 02-21345671 (Thai) | |
Tel: 965-65425142 (Singapore) | |
Tel: 61-8-5550-7288 (Australia) | |
Social Media: Instagram, X | |
Address: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960 |
Founded in 2016, Binarycent is an unregulated broker that specializes in cryptocurrency trading. Binarycent is registered in the Marshall Islands. Customers can learn that the leverage is up to 1:500, and the minimum deposit is $250. In terms of other details such as spread, account types, and trading platforms, its official website does not reveal.
Pros | Cons |
Specialized in crypto trading | No regulation |
24/7 multilingual support | Lack of transparency |
First deposit bonus | |
Multiple payment methods |
No, Binarycent is not regulated. Please be aware of the risk!
Tradable Instruments | Supported |
Cryptocurrencies | ✔ |
Indices | ❌ |
Commodities | ❌ |
Bonds | ❌ |
Forex | ❌ |
Stocks | ❌ |
ETFs | ❌ |
The leverage of Binarycent is up to 1:500. Since leverage can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.
Deposit and Withdrawal Methods | |
Cryptocurrencies | Bitcoin, Litecoin, Ethereum, Monero, Bitcoin Cash, Primecoin, Reddcoin, JRSH, SHAekc, AeHbry |
Cards | VISA, VISA Electron, VISA DEBIT, Mastercard, Maestro |
E-wallets & Local Systems | WebMoney, NETELLER, QIWI, CASH, WIRE TRANSFER |
Payment Options | Transfer Fee | Minimum Deposit | Deposit Processing Time | Withdrawal Processing Time |
VISA, MasterCard | 5% | $250 | Instant | Up to 1 hour |
Bitcoin | ❌ | $250 | Instant | Up to 1 hour |
Ethereum | ❌ | $250 | Instant | Up to 1 hour |
Altcoins | ❌ | $250 | Instant | Up to 1 hour |
When you want to start trading, one of the first tasks you have to fulfil is finding the right broker. During your research, you probably stumbled across BinaryCent. Here, we give you more information about this broker and help you decide if this broker is the right choice for you.
Binary options brokers offer traders an accessible way to make money in the binary options market. However, with so many binary brokers to choose from, picking the best trading platform for your needs can feel overwhelming.
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