Mobile Trading

Traders who wish to trade the financial markets while they are on the move can also do so with their smartphones or tablets by downloading the mobile trading app from Apple’s App Store (iOS – iPhone and iPad) or Google Playstore for android devices.

As part of their product offering and services, BinaryCent has provided the mobile app for free. In terms of functionalities, the mobile trading app fulfils the same basic functions as its web based counterpart. The only key difference is the fact that it is optimised for the smaller screens of smartphones and mobile devices.

Trading Accounts Offered

To meet the varying needs of their clients, BinaryCent has provided their clients with a choice of 3 different types of trading accounts. They comprises of the Bronze account, the Silver account and the Gold account.

• Bronze Trading Account

  Minimum deposit of $250
  Live video chat support
  20% deposit bonus
  1hr withdrawal

• Silver Trading Account

  Minimum deposit of $1000
  Live video chat support
  1 hour withdrawal
  50% deposit bonus
  Master Class

• Gold Trading Account

  Minimum deposit of $3000
  Live video chat support
  1 hour withdrawal
  100% Deposit Bonus
  Master Class
  3 Risk Free Trades
  Personal Manager

BinaryCent Registration

Bonuses & Promos

As can be seen above, the bonuses offered by BinaryCent range from 20% to 100% depending on the type of trading account the trader has signed up for. Nevertheless, traders should be aware that there are terms and conditions attached to the award of these bonuses. One of the key requirements for the encashment of the bonus is the need to fulfil a minimum trading volume (turnover).

Apart from the deposit bonus, BinaryCent has also provided their traders with other incentives such as “Risk Free Trades” and trading contests. For the risk free trade promo, awarded to Gold account holders, BinaryCent will compensate the trading losses of the trader, if the total balance of the first 3 transactions is negative.

In addition to the risk free trade promo, BinaryCent also holds a regular trading contest with a prize pool of $20,000. Every week, 20 winners will be selected from the contestants.

Assets And Instruments

In terms of trading assets, BinaryCent offers the following classes of assets:

• Commodities
• Cryptocurrencies
• Forex
• Market Indices
• Stocks

For spot forex and CFDs, BinaryCent offer a maximum leverage ratio of 1:100. The asset index is a growing list – the firm are relatively new. The focus at present is Cryptocurrency and altcoin, but other assets are added as the offering grows. That said, the current list still cover all the major assets a trader would expect to find.

BinaryCent Summary

• Open Account from with $100
• Trades as small as $0.10 (10 cents!)
• Deposit/Withdraw in crypto currency
• Trade binary, CFD or forex with leverage up to 1:100
• Advanced Trading Charts
• Advanced Trading Tools
• Copy Trading
• Trade Contests
• Deposit Match bonus of 100% on 1st deposit of ANY size

Cryptocurrencies accepted at BinaryCent

• Bitcoin and Bitcoin Cash
• Litecoin
• Ethereum
• Zcash
• Primecoin
• Peercoin
• BlackCoin
• Dash
• Monero
• Reddcoin

Trading Platform

The platform at BinaryCent.com is really top notch. When you first log on you may be dazzled by all there is to offer but a quick tour will soon reveal how advanced this platform is. In the top left of the screen are links to trading tools like economic announcements, chart patterns and technical analysis tips complete with charts.

The main portion of the platform is of course the trading screen itself. This is dominated by a large chart that can be viewed in tick/line or candle format. The candle format is actually a fully customizable charting package from TradingView similar to what you find on all the top forex websites today. It includes all the technical indicators, drawing tools, time frames and settings you could possibly need. And you can trade right from it.

The asset list is decent but not what we would call flush. There are 10 forex pairs, 2 commodities, 4 stocks and 5 crypto currency pairings. These can be traded Turbo, Intraday or Long Term. The Turbo expiry is 10 to 30 minutes in 1 minute increments for super short term trading. The Intraday expiry are every hour out to the end of the day for 24 total opportunities each day. The long term are end of day expiry going out for the next 30 days. Payouts are in the range of 60% to 80% depending on expiry and volatility.

Deposits And Withdrawals

This firm boasts industry leading 1 hour withdrawal processing just like its sister brand BinaryMate.com. Deposits can be made in all the usual ways including eWallet, credit cards and wire transfers with accounts denominated in dollars or euros. The bonus is that you can also use a wide variety of cryptocurrencies which are best when it comes to making fast withdrawals.

To make a withdrawal you will have to verify your identity and account which may take a little time so the first withdrawals may not be available as quick as they say. The minimum amount for withdrawal is $50 and comes with no fees.