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Binarycent

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Overview

Binarycent is a trading company that specializes in binary options, ranking 13th among 21 firms in the Traders Union (TU) Ranking. It holds a moderate-risk rating with a 5.52 out of 10 TU Overall Score. Established in 2015, Binarycent caters mainly to professional traders, evident from its high minimum deposit requirement and lack of educational materials. The company offers three types of accounts and a demo account for testing its trading conditions. Although it received the Best Broker 2015 award from Fair Binary Options, potential clients should be cautious as Binarycent is not licensed or regulated. Its advantages include a simple registration process and quick fund withdrawal options. However, its high minimum deposit, absence of regulatory oversight, and lack of training resources are notable drawbacks. Traders are advised to weigh these pros and cons carefully before opening an account.

This CritiScore review provides a comprehensive overview, assessing whether Binarycent is legit or a scam, and offers insights into Binarycent's performance.

Contact

https://binarycent.com