CMC Markets vs Binarycent

CMC Markets or Binarycent – which is better for UK traders 2025? Compare CMC Markets and Binarycent in this detailed breakdown of their platforms, features and fees.

CMC Markets vs Binarycent Comparison Table 2025
CMC Markets Binarycent
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4.7
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3
CMC Markets is ranked #3 among CFD brokers. Binarycent is ranked #9 among binary options brokers.
Founded in 1989, CMC Markets is a reputable broker publicly listed on the London Stock Exchange. It holds authorisation from top-tier regulators such as the FCA, ASIC, and CIRO. The brokerage, which has received multiple awards, boasts a global membership exceeding one million traders. BinaryCent, an unregulated binary options broker, offers round-the-clock trading on forex, cryptocurrencies, and stocks with payouts reaching 95%. Although unregulated, it prioritises client security by storing funds in European banks. The broker also provides CFDs with leverage as high as 1:500.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
Pros
  • The CMC web platform offers an exceptional user experience with sophisticated charting tools for trading and customisable options, suitable for both novice and seasoned traders. It supports MT4 but not MT5, and TradingView will be available from 2025.
  • We've upgraded the 'Assets & Markets' rating due to frequent product enhancements in early 2025. These include extended trading hours for US stocks and the introduction of new share CFDs.
  • CMC provides competitive pricing with narrow spreads and low trading fees, except for stock CFDs. The Alpha and Price+ programmes offer additional benefits for active traders, including discounts on spreads of up to 40%.
  • CMC Markets is well-regulated by respected financial authorities, ensuring a secure and reliable trading environment. It upholds a strong reputation, providing traders with confidence.
  • The brokerage excels with an extensive array of valuable resources, such as pattern recognition scanners, webinars, tutorials, news feeds, and research from reputable sources like Morningstar.
  • User-friendly proprietary platform for binary options trading.
  • Payouts reaching up to 95% surpass most competitors, enhancing profit potential.
  • Trade binary contracts starting at $0.10, providing trading opportunities for every budget.
  • Copy trading and binary options bots can support novice traders.
  • Accepts diverse funding options, such as cryptocurrencies and e-wallets.
Cons
  • Although there have been improvements, the online platform still needs further refinement to match the user-friendly trading experience offered by competitors such as IG.
  • CMC provides a robust range of assets; however, it does not support trading actual stocks, and UK clients are unable to trade cryptocurrencies.
  • Trading stock CFDs comes with a relatively high commission, particularly when compared to low-cost brokers such as IC Markets.
  • A monthly inactivity charge of $10 is imposed after a year's inactivity, potentially discouraging occasional traders.
  • The CMC Markets app provides a comprehensive trading package; however, its design and user experience lag behind market leaders such as eToro.
  • Not available to traders based in the US
  • The $250 minimum deposit exceeds that of most binary options brokers.
  • Unregulated by reputable authorities, increasing risks and diminishing customer safeguards.
Awards
  • Best Trading App 2023 - DayTrading.com
  • No.1 Platform Technology 2022
  • No.1 New Tool 2022
  • No.1 Most Currency Pairs 2022
  • Best Trade Execution 2021
  • Best Forex Broker For Beginners 2021
  • Most Transparent Forex Broker Europe 2020
  • Best Trading Platform 2020
  • Best Trading App 2019
  • Best Customer Service 2018
  • Tech Finance - Journal Award - 2015
  • iFX Expo Asia Award - 2016
FCA Regulated
Yes No

List of FCA Regulated Brokers

Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Treasuries, Custom Indices, Spread Betting CFDs, Forex, Stocks, Cryptos, Options, Commodities
Bonus
20% to 200% deposit bonus
Demo Account
Yes Yes
Minimum Deposit
$0 $250
Payment Methods
Minimum Trade
0.01 Lots $0.01
Regulator
FCA, ASIC, MAS, CIRO, BaFin, FMA, DFSA VFSC
Mobile Apps
iOS & Android iOS, Android
Trading App

The award-winning app from CMC Markets has transformed mobile trading. The app’s modern and customizable interface offers a unique user experience, distinct from competitors. Moreover, with its comprehensive charting capabilities featuring 25 technical indicators and 15 drawing tools, as well as its fast and stable trading environment, it’s an exceptional choice for traders.

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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4.1
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3
Android App Rating
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3.7
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3
Margin Trading
Yes Yes
Margin Rate
1%
MetaTrader 4
Yes No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes 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
Yes No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader Centobot for binary options
Copy Trading
No Yes
Copy Trading Platform
The trading tool is accessible to all account levels, including Bronze. You can select a trader by their returns and ranking. The registration process is swift, with immediate account activation.
Social Trading
Yes Yes
Trade Signals
Yes
VPS Hosting
Yes No
Tournaments
No Yes
Demo Competitions
Yes No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
Yes Yes
Inactivity Fee
$10
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • SEK
  • NOK
  • SGD
  • PLN
  • USD
Commodities
  • Gold
  • Oil
  • Silver
  • Copper
  • Coffee
  • Wheat
  • Precious Metals
  • Natural Gas
  • Soybeans
  • Orange Juice
  • Nickel
  • Palladium
  • Steel
  • Cannabis
  • Platinum
  • Livestock
  • Sugar
  • Gasoline
  • Gold
  • Silver
  • Oil
CFD
CMC enables trading of CFDs on over 12,000 assets, including currencies, indices, commodities, shares, ETFs, and treasuries. In 2025, new equities will feature sectors like quantum computing, AI learning, and digital car sales. Enjoy competitive spreads without hidden fees, and leverage the renowned MetaTrader 4 platform. Consistently, CMC stands out as a leading CFD broker. Engage in trading across popular markets like forex, stocks, energies, and metals. Benefit from leverage up to 1:500. View live spreads via our web platform and mobile app.
Leverage
1:30 (Retail), 1:500 (Pro) 1:500
FTSE Spread
1 pt Floating
GBPUSD Spread<
0.9 Floating
Oil Spread
3.5 Floating
Stocks Spread
0.02 Floating
Forex
CMC offers a broad selection of over 300 forex pairs, featuring tight spreads and quick execution. This exceeds many competitors in currency variety. Their forex indices provide a distinctive and comprehensive method to speculate on major currencies such as USD, EUR, and GBP. Trade 24 forex pairs using binary options. A limited selection of currency pairs is typical for binary options brokers. However, BinaryCent offers high payouts of up to 95%, which offsets this limitation.
Assets
300+ 25+
GBPUSD Spread
0.9 Floating
EURUSD Spread
0.7 Floating
EURGBP Spread
1.1 Floating
Currency Indices
  • USD
  • EUR
  • GBP
  • JPY
  • CAD
  • AUD
  • NZD
  • CHF
Cryptocurrency
CMC Markets provides trading opportunities with popular digital currencies such as Bitcoin. However, it excels in offering crypto indices, granting broader market exposure. With minimal slippage and an impressive 99.9% fill rate, CMC is an excellent choice for active traders in the cryptocurrency sector. BinaryCent facilitates trading across a good range of cryptocurrencies, including prominent ones like Bitcoin. It allows both deposits and withdrawals in crypto, simplifying the process of funding, trading, and managing digital currency activities.
Spread
From 1.3 N/A
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • EOS
  • TRON
  • NEO
  • ADA
  • XLM
  • 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 offers binary options trading across various markets via an intuitive in-house platform. With a minimum investment of just $0.10 per trade and potential returns of up to 95%, it caters to casual and low-capital traders, providing substantial profit opportunities.
Payout
95%
Expiration Times
5 seconds - 30 days
Boundary Options
No Yes
Ladder Options
No No
CMC Markets Binarycent
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
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