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Binarycent vs CPT Markets

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

Binarycent vs CPT Markets Comparison Table 2024
Binarycent	CPT Markets

3	3
Binarycent is ranked #9 among binary options brokers.	CPT Markets is ranked #96 among CFD brokers.
Review	Review
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.	CPT Markets is a London-based forex and CFD broker regulated by the FCA. Founded in 2008, this established brokerage offers trading across currencies, equities, commodities, futures and bonds with leverage up to 1:30. The broker's services are more limited than other firms, with just the MT4 platform on offer and no additional trading features.
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	FCA-regulated with FSCS protection and negative balance protection Competitive range of 100 currency pairs, as well as futures and options Beginner and intermediate level educational resources, plus weekly research bulletins Industry renowned MT4 trading platform Easy-access demo account Fast sign-up process
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	Wider spreads than many brokers Limited additional trading tools No live chat customer support Only one trading platform
Awards
Tech Finance - Journal Award - 2015 iFX Expo Asia Award - 2016
FCA Regulated
No List of FCA Regulated Brokers	Yes
Instruments
CFDs, Forex, Stocks, Cryptos, Options, Commodities	CFDs, futures, options
Bonus
20% to 200% deposit bonus
Demo Account
Yes	Yes
Minimum Deposit
$250	$100
Payment Methods
Credit Cards Debit Card Mastercard Neteller Perfect Money Skrill Visa WebMoney Wire Transfer	Credit Cards Mastercard Neteller Skrill Visa Wire Transfer
Minimum Trade
$0.01	0.01 Lots
Regulator
VFSC	FCA, IFSC (Belize)
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
3
Android App Rating
3
Margin Trading
Yes	No
MetaTrader 4
No	Yes
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
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	No
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	Gold Silver
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.	Trade CFDs across metals, energies and indices with leverage up to 1:30. Traders can access 50+ indicators and charting tools, although no other analysis tools or software are offered.
Leverage
1:500	1:30
FTSE Spread
Floating	From 1.8
GBPUSD Spread<
Floating	From 1.8
Oil Spread
Floating	From 1.8
Stocks Spread
Floating	From 1.8
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.	There is an impressive selection of 100 forex pairs in the MT4 platform. However, spreads start from 1.8 pips for retail traders, which is not competitive vs other brokers.
Assets
25+	100
GBPUSD Spread
Floating	From 1.8
EURUSD Spread
Floating	From 1.8
EURGBP Spread
Floating	From 1.8
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.
Spread
N/A
Coins
ZEC XRP XMR SAN OMG LTC BTC IOT ETH ETC EOS DSH
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	CPT Markets
Review	Review
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