Score

1.56 /10
Danger

Binarycent

Marshall Islands

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

C

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Comparison

Quantity 2

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.38

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

More

Danger

PT CMVM
2024-02-16

Warning

ID BAPPEBTI
2023-04-20
Blocking 218 Website Domains, CoFTRA Reminds Investment Risks in Illegal Entities
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Danger

ID BAPPEBTI
2022-09-20
Bappebti Blocks 760 Website Domains, Reminds of the Risk of Transactions in Unlicensed PBK Entities
Binarycent
Nadex
Xtreme Markets
Oxtrade
NordFX EU
AccuIndex
PO TRADE
VOBLAST
FXPRIMUS
Deriv
InstaForex
HSB Forex Trade
FXVIEW
Fidelcrest
LegacyFX
FBS
MarketsVox
EVEREST
TriumphFX
Exclusive Markets
ForexVox

Broker Information

More

Company Name

Wave Makers LTD

Company Abbreviation

Binarycent

Platform registered country and region

Marshall Islands

Company website

X

Instagram

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 3
Previous Detection : 2025-08-06
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
Expose
Binarycent · Company summary
Binarycent Review Summary
Founded2016
Registered Country/RegionMarshall Islands
RegulationNo regulation
Market InstrumentsCryptocurrencies
Demo Account/
LeverageUp to 1:500
Spread/
Trading Platform/
Minimum Deposit$250
Customer SupportLive 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.

info

Pros and Cons

ProsCons
Specialized in crypto tradingNo regulation
24/7 multilingual supportLack of transparency
First deposit bonus
Multiple payment methods

Is Binarycent Legit?

No, Binarycent is not regulated. Please be aware of the risk!

license
domain

What Can I Trade on Binarycent?

Tradable InstrumentsSupported
Cryptocurrencies
Indices
Commodities
Bonds
Forex
Stocks
ETFs

Leverage

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.

Leverage

Deposit and Withdrawal

Deposit and Withdrawal Methods
CryptocurrenciesBitcoin, Litecoin, Ethereum, Monero, Bitcoin Cash, Primecoin, Reddcoin, JRSH, SHAekc, AeHbry
CardsVISA, VISA Electron, VISA DEBIT, Mastercard, Maestro
E-wallets & Local SystemsWebMoney, NETELLER, QIWI, CASH, WIRE TRANSFER
Payment OptionsTransfer FeeMinimum DepositDeposit Processing TimeWithdrawal Processing Time
VISA, MasterCard5%$250InstantUp to 1 hour
Bitcoin$250InstantUp to 1 hour
Ethereum$250InstantUp to 1 hour
Altcoins$250InstantUp to 1 hour
Deposit and Withdrawal
Deposit and Withdrawal

News

NewsExpert Review Of BinaryCent

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.

WikiFX
2022-03-08 15:51
Expert Review Of BinaryCent

NewsBest Binary Options Brokers: Top 6 Binary Trading Platforms of 2022

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.

WikiFX
2022-02-16 16:57
Best Binary Options Brokers: Top 6 Binary Trading Platforms of 2022

User Reviews

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User comment

26

Comments

Write a review

JoseGuzman
6-12months
In the world of trading, there’s a fine line between “I’m making money!” and “Oh no, where did my money go?” A solid regulatory framework can make all the difference. This platform iIS regulated by a government agency, which means there’s at least someone watching the store. That's why I completely trust my money to this service, and I advise you to do the same. For those of us who get confused by anything more complicated than a toaster, the interface here is a dream. No need to spend hours watching YouTube tutorials. Let’s talk money. The payouts here can go up to 95%, which is a sweet deal compared to many other brokers. Higher payouts = more potential profit, which means your success can snowball quicker than a snowball in a blizzard. Sure, you’ll still need some skill, but that’s a solid incentive to put in the effort. All in all, everything depends on you. Developers made an excellent platform and now it’s the time to use
In the world of trading, there’s a fine line between “I’m making money!” and “Oh no, where did my money go?” A solid regulatory framework can make all the difference. This platform iIS regulated by a government agency, which means there’s at least someone watching the store. That's why I completely trust my money to this service, and I advise you to do the same. For those of us who get confused by anything more complicated than a toaster, the interface here is a dream. No need to spend hours watching YouTube tutorials. Let’s talk money. The payouts here can go up to 95%, which is a sweet deal compared to many other brokers. Higher payouts = more potential profit, which means your success can snowball quicker than a snowball in a blizzard. Sure, you’ll still need some skill, but that’s a solid incentive to put in the effort. All in all, everything depends on you. Developers made an excellent platform and now it’s the time to use
Translate to English
2024-12-16 17:19
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DANIEL6448
more than one year
scam company, I deposited 60 USD and profited 6x the deposit amount, a total of $353 in profit. Even so, they won't let me withdraw, claiming that I have to negotiate 3x the deposit amount, whereas I negotiated 6x. They are scammers, stay away. (they put a bonus on my account without me asking just to stick to the terms and conditions).
scam company, I deposited 60 USD and profited 6x the deposit amount, a total of $353 in profit. Even so, they won't let me withdraw, claiming that I have to negotiate 3x the deposit amount, whereas I negotiated 6x. They are scammers, stay away. (they put a bonus on my account without me asking just to stick to the terms and conditions).
Translate to English
2024-11-28 20:39
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