BinaryCent vs OlympTrade

Compare BinaryCent and OlympTrade in this side-by-side table listing each broker’s features, platforms, instruments and much more.

BinaryCent vs OlympTrade Comparison Table 2024
Feature BinaryCent OlympTrade
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3
United States Flag
United States accepted
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1.5
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United States NOT accepted
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Summary

BinaryCent is an unregulated binary options broker that offers 24/7 trading on forex, cryptos and stocks with payouts up to 95%. Despite its lack of regulation, this broker takes client security seriously and stores client funds in European banks. The broker also offers CFDs with very high leverage up to 1:500.

BinaryCent provides binary options trading on a range of markets through a slick proprietary platform. Traders can invest as little as $0.10 per trade and earn payouts up to 95%, and these are excellent terms that accommodate casual and low-capital traders while allowing profit opportunities.

CFD Trading
You can take positions on a range of popular trading markets including forex, stocks, energies and metals. Leverage is high at 1:500 and live spreads can be viewed in the web-accessible platform and app.

Forex Trading
Trade 24 forex pairs via binary options. Such a small range of currency pairs is not that unusual among binary options brokers, and BinaryCent's high payouts up to 95% compensate for the lack of range.

Crypto Trading
BinaryCent offers trading on a decent list of cryptocurrencies, including major tokens like Bitcoin. The broker also accepts crypto deposits and withdrawals, making it straightforward to fund, trade and manage your activities in digital currencies.

Olymp Trade was established in 2014 and now boasts over 89 million traders. With a presence in over 130 countries and support in 13 languages, the brand offers a stable platform and attractive rewards for new traders. Olymp Trade also offers fixed time trades (FTT) over a diverse range of markets. The brand is licensed offshore by the VFSC.

Olymp Trade offers fixed time trades (FTT) on a diverse but modest range of markets, from OTC currencies to composite indices. FTT commissions are charged between 5%-10% and you can trade with ultra-short time frames from 5 seconds. Payouts are available up to 93% for those who can afford the $2000 'Expert' status deposit.

CFD Trading
You can speculate on a small range of CFDs covering popular asset classes such as forex, indices, commodities, cryptos and ETFs. Whilst prices trail the best brokers, the CFD trading platform is a compelling solution for beginners looking for simplicity, and you can get started with just $10.

Forex Trading
Olymp Trade offers the industry average of around 30 currency pairs. Spreads came in at 1.1 pips for EUR/USD during tests, which is not the most competitive compared to leading brands like AvaTrade (0.9 pips). That said, experienced traders can access multipliers up to x500 on major pairs.

Crypto Trading
Olymp Trade offers a handful of leading cryptos like Bitcoin and Ethereum. The Basic Altcoin Index is also a great addition, offering broader exposure to the currency market for those that don't want to put all their money in one crypto.

Awards
  • Tech Finance - Journal Award - 2015
  • iFX Expo Asia Award - 2016
  • Best Mobile Trading Platform - World Finance Awards 2021
  • Best Investment Broker - The Forex Awards 2021
  • Best FX Trading Platform - Forex Expo 2020
Bonus 20% - 200% deposit bonus None
Instruments Binary Options, Forex, CFD, Stocks, Crypto, Options Forex, CFD, Stocks, Indices, Commodities, Crypto, ETFs, OTC, Fixed Time Trades
Demo Account Yes Yes
Minimum Deposit $250 $10
Minimum Trade $0.01 $1
Expiry Times 5 seconds - 30 days 5 seconds - 23 hours
Ladder Binary Options No No
Boundary Binary Options Yes No
Payment Methods
  • Bitcoin Payments
  • Credit Card
  • Debit Card
  • Ethereum Payments
  • Mastercard
  • Neteller
  • Perfect Money
  • Skrill
  • Visa
  • WebMoney
  • Wire Transfer
  • Bitcoin Payments
  • Credit Card
  • Debit Card
  • Mastercard
  • Neteller
  • Perfect Money
  • Skrill
  • UnionPay
  • Visa
  • Wire Transfer
Regulator VFSC VFSC
Mobile Apps iOS, Android Android & Windows
Auto Trading Centobot for binary options
Copy Trading Yes No
Social Trading Yes No
Margin Trading Yes No
MetaTrader 4 No No
MetaTrader 5 No No
cTrader No No
AlgoTrader No No
OmniTrader No No
TradingView No No
Autochartist No No
eSignal No No
Trading Central No No
STP Account No No
ECN Account No No
DMA Account No No
MAM Account No No
PAMM Account No No
LAMM Account No No
Demat Account No No
AI / Machine Learning No No
Robo Advisor No No
Negative Balance Protection No No
Market Maker No No
P2P Trading No No
Spot Trading Yes No
VPS Hosting No No
Tournaments Yes No
Demo Competitions No No
Ethical Investing No No
Islamic Account No Yes
Account Currencies USD USD
Stock Exchanges
  • FTSE UK Index
  • Nasdaq
  • CAC 40 Index France
  • DAX GER 40 Index
  • FTSE UK Index
  • Hang Seng
  • Japan Exchange Group
  • Nasdaq
  • Russell 2000
  • S&P 500
Commodities
  • Gold
  • Silver
  • Oil
  • Oil
  • Silver
  • Gold
  • Platinum
  • Precious Metals
  • Natural Gas
CFD Trading Yes Yes
CFD Leverage 1:500
CFD FTSE Spread Floating
CFD GBPUSD Spread Floating
CFD Oil Spread Floating
CFD Stocks Spread Floating
Forex Trading Yes Yes
Forex GBPUSD Spread Floating
Forex EURUSD Spread Floating 1.1
Forex EURGBP Spread Floating
Forex Assets 25+ 30+
Crypto Trading Yes Yes
Crypto Spread Variable
Crypto Coins
  • BTC
  • DSH
  • EOS
  • ETC
  • ETH
  • IOT
  • LTC
  • OMG
  • SAN
  • XMR
  • XRP
  • ZEC
  • ADA
  • AVX
  • BCH
  • BNB
  • BTC
  • DASH
  • DASH
  • DOGE
  • DOT
  • EOS
  • ETH
  • GLM
  • KSM
  • LNK
  • LTC
  • MAT
  • SOL
  • UNI
  • XLM
  • XRP
  • XTZ
Crypto Lending No No
Crypto Mining No No
Crypto Staking No No
Crypto Auto Market Maker No No
rating empty
rating full
3
United States Flag
United States accepted
» Visit
rating empty
rating full
1.5
United States Flag
United States NOT accepted
» Visit

FAQ

Is BinaryCent or OlympTrade better?

Overall we have rated BinaryCent (59%) higher than OlympTrade (30%), but there are additional factors to take into consideration. For example, does BinaryCent accept traders from your country and do they offer the kind of features or trading platforms you prefer? Use our easy comparison table to see if BinaryCent or OlympTrade is best for you.