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BinaryCent-Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2025-07-31 15:13

Abstract: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.

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

LeverageCommissionCurrency PairLiquidity

Related broker

No Regulation
Binarycent
Company name:Wave Makers LTD
Score
1.56
Website:https://www.binarycent.com/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.56

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Forex trading runs on the margin you have. In an action-packed forex market, where traders continually trade based on news developments or technical indicators, what keeps them going is the availability of free margin. So, what is free margin in forex? It’s an equity that traders can use to open new trades. It is also the amount your current holdings can move against you before facing a margin call. The market value variations can affect the margin balance when trading foreign currencies. In this article, we will discuss it.

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