BinaryCent Review - Is It A Scam?
One of the latest broker platforms to emerge on the market is BinaryCent. It has a unique concept in the binary options market; you can invest just 10 cents per trade. This is excellent for newcomers to binary options as you will be able to learn without having to concern yourself about potentially loosing large amounts of capital.
As with all brokers in this sector, it can sometimes be hard to find one that is legitimate and reliable. Our investigation and review for BinaryCent has already shown great promise and we can safely say, right off the bat, that BinaryCent is not a scam. Read on for our full review of the platform.
BinaryCent – What Does The Platform Offer?
BinaryCent brings with it a simple, yet powerful, user interface which will be suitable for traders of all experience levels. As with all good brokers, there are four main assets that can be traded – currencies, indices, stocks and commodities.
Along with this, there is a great learning centre which provides extremely helpful tutorials in the form of videos. If you are no experienced in the would of binary options, then this is a great way to start and you will be learning from the best.
BinaryCent – Is it a scam or is it legit?
In our detailed investigation, we noted lots of great feedback from traders already using BinaryCent. It is safe to say that BinaryCent is an authentic and legitimate brokerage and we highly recommend it, especially to newcomers.
From our research, there have been no problems regarding withdrawals and customer service is always very helpful. The fact you can place profitable trades with just 10 cents and open an account with just $10 is also a good sign that this is a legitimate platform as traders have provided great feedback about this.
The impression we get here is that BinaryCent is certainly a legitimate broker and not a scam. It is definitely our top recommended platform for new traders.
Binary Cent – Account Types
BinaryCent brokerage offers three distinct account types to choose upon sign up. Each one has it’s own features, so you should choose one accordingly when signing up.
Bronze – This requires just a $10 investment and gets you withdrawals in just 1 hour. There is also access to a demo trading room so you can brush up on your skills.
Silver – This is the most popular account type of the three. It requires a $100 investment and provides a 50% deposit bonus. Additionally, you also get 3 risk-free trades. If these trades are unsuccessful then you get your money back!
Gold – This account starts at $300 and you get all of the above features and a personal success manager who will be on hand to help you anytime.
Support is offered 24/7 via email, live chat and phone. Another bonus of BinaryCent is that customer support is multilingual, so it is not limited to just English speakers. In our experience, the customer service has been excellent and extremely helpful with any queries.
In conclusion, we can see that BinaryCent is a brokerage with a unique aspect of 10 cents trades. Being able to invest just small sums is a great sign that this broker is very trader focussed and is not just existing purely for profit.
We were very pleased with the features offered, especially risk-free trades, and can definitely recommend BinaryCent to any trader, whether new or experienced. We have given this brokerage our seal of approval, noting it is legitimate and not a scam.