Binarycent vs Bithoven

Binarycent or Bithoven – which is better for UK traders 2024? Compare Binarycent and Bithoven in this detailed breakdown of their platforms, features and fees.

Binarycent vs Bithoven Comparison Table 2024
Binarycent Bithoven
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3
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Binarycent is ranked #9 among binary options brokers. Bithoven is ranked #82 among crypto brokers.
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. Bithoven is a MT5-powered online broker offering leveraged cryptocurrency trading.
Pros
  • Simple and straightforward proprietary platform for binary options trading
  • Payouts up to 95% are higher than most competitors and increases profit potential
  • Trade binary contracts from $0.10 allowing trading opportunities for all budgets
  • Copy trading and binary options bots are useful for beginner traders
  • Accepts a wide range of funding methods, including cryptos and e-wallets
Cons
  • Not available to traders based in the US
  • The $250 minimum deposit is higher than most binary options brokers
  • Not overseen by any reputable regulator, raising risks and reducing customer protections
Awards
  • Tech Finance - Journal Award - 2015
  • iFX Expo Asia Award - 2016
  • Fastest Growing Cryptocurrency Trading Platform 2019, St. Vincent & Grenadines - Global Brands Magazine
  • Best Crypto Start Of The Year 2019 - IAFT Awards
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
CFDs, Forex, Stocks, Cryptos, Options, Commodities Cryptocurrency
Bonus
20% to 200% deposit bonus
Demo Account
Yes Yes
Minimum Deposit
$250 $0
Payment Methods
Minimum Trade
$0.01 0.01 Lots
Regulator
VFSC FSA
Mobile Apps
iOS, Android Yes
Trading App

BinaryCent, like most binary brokers, doesn’t offer its own app – just trading through mobile browsers. In this instance, the result is an average workspace with relatively crisp graphics, one-tap trading and access to copy trading from the menu at the bottom. However, charts don’t optimize well when you turn the device horizontally and the pop-up promotions were distracting during testing, detracting from the overall user experience.

iOS App Rating
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3
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Android App Rating
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3
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Margin Trading
Yes No
MetaTrader 4
No No
MetaTrader 5
No Yes
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
Auto Trading
Centobot for binary options Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes No
Copy Trading Platform
The copy trading tool is available for all account types, including the lowest - Bronze. You can pick a trader based on their returns and ranking. The sign-up process is quick and account activation is instant.
Social Trading
Yes Yes
Trade Signals
Yes
VPS Hosting
No No
Tournaments
Yes No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
Yes No
Islamic Account
No No
Account Currencies
  • USD
Commodities
  • Gold
  • Silver
  • Oil
CFD
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.
Leverage
1:500
FTSE Spread
Floating
GBPUSD Spread<
Floating
Oil Spread
Floating
Stocks Spread
Floating
Forex
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.
Assets
25+
GBPUSD Spread
Floating
EURUSD Spread
Floating
EURGBP Spread
Floating
Cryptocurrency
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. Trade with 1:20 leverage on dozens of popular cryptocurrency coins.
Spread
N/A Floating from zero
Coins
  • ZEC
  • XRP
  • XMR
  • SAN
  • OMG
  • LTC
  • BTC
  • IOT
  • ETH
  • ETC
  • EOS
  • DSH
  • ADA
  • ABC
  • BNB
  • BTC
  • BTG
  • DASH
  • DOGE
  • EOS
  • ETC
  • ETH
  • LTC
  • MIOTA
  • NEO
  • OMG
  • ONT
  • QTUM
  • TRX
  • USDC
  • USDET
  • VET
  • WAVES
  • XEM
  • XLM
  • XMR
  • XRP
  • XTZ
  • YCC
  • YOYOW
  • ZAP
  • ZEC
  • ZEN
  • ZIL
  • ZPR
  • ZPT
  • ZRC
  • ZRX
  • ZSC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
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.
Payout
95%
Expiration Times
5 seconds - 30 days
Boundary Options
Yes No
Ladder Options
No No
Binarycent Bithoven
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