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 | Bithoven |
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Binarycent is ranked #9 among binary options brokers. | Bithoven is ranked #78 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 | |
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Cons | |
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Awards | |
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FCA Regulated | |
No | No |
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. |
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iOS App Rating | |
Android App Rating | |
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 | |
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Commodities | |
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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 | |
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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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