Fortrade vs Binarycent
Fortrade or Binarycent – which is better for UK traders 2025? Compare Fortrade and Binarycent in this detailed breakdown of their platforms, features and fees.
| Fortrade | Binarycent |
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| Fortrade is ranked #56 among CFD brokers. | Binarycent is ranked #9 among binary options brokers. |
| Fortrade is a well-regulated broker with oversight from authorities such as the FCA, CySEC, and ASIC. The firm offers trading on diverse instruments like stocks, bonds, commodities, forex, indices, cryptocurrencies, and ETFs. It provides competitive fees and supports both MetaTrader 4 and its own trading platform. | 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. |
| Pros | |
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| Cons | |
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| Awards | |
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| FCA Regulated | |
| Yes | No |
| Instruments | |
| Forex, CFDs, indices, shares, commodities, cryptocurrencies, DMAs, ETFs, bonds | CFDs, Forex, Stocks, Cryptos, Options, Commodities |
| Bonus | |
| 20% to 200% deposit bonus | |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $100 | $250 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | $0.01 |
| Regulator | |
| FCA, ASIC, CySEC, NBRB, FSC, CIRO | VFSC |
| Mobile Apps | |
| iOS & Android | iOS, Android |
| Trading App | |
| The Fortrader mobile app allows trading of over 60 currency pairs. Users can view daily market insights and handle deposits and withdrawals through the app. Available on the Apple App Store and Google Play. | BinaryCent, similar to many binary brokers, lacks a dedicated app, offering trading via mobile browsers instead. This setup provides a standard interface with clear visuals, one-tap trades, and copy trading available in the bottom menu. Yet, horizontal chart optimisation is poor, and promotional pop-ups proved distracting in tests, diminishing user satisfaction. |
| iOS App Rating | |
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| Android App Rating | |
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| Margin Trading | |
| Yes | Yes |
| MetaTrader 4 | |
| Yes | No |
| MetaTrader 5 | |
| No | No |
| cTrader | |
| No | No |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | No |
| Autochartist | |
| No | No |
| eSignal | |
| No | No |
| Trading Central | |
| Yes | No |
| STP Account | |
| No | No |
| ECN Account | |
| Yes | No |
| DMA Account | |
| Yes | No |
| MAM Account | |
| Yes | No |
| PAMM Account | |
| Yes | 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 | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | 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 | |
| No | Yes |
| Trade Signals | |
| Yes | |
| VPS Hosting | |
| No | No |
| Tournaments | |
| No | Yes |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | Yes |
| Inactivity Fee | |
| $10 | |
| Islamic Account | |
| Yes | No |
| Account Currencies | |
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| Commodities | |
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| CFD | |
| Fortrade offers a diverse selection of leveraged CFDs across various asset classes such as forex, stocks, bonds, indices, commodities, and cryptocurrencies. Traders benefit from leverage up to 1:30, zero commission, fast execution, and low latency, whether using MetaTrader 4 or Fortrade’s bespoke platform. | 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 (varies by entity) | 1:500 |
| FTSE Spread | |
| 2 | Floating |
| GBPUSD Spread< | |
| 2 | Floating |
| Oil Spread | |
| 0.04 | Floating |
| Stocks Spread | |
| Variable | Floating |
| Forex | |
| Fortrade provides over 60 currency pairs, featuring a solid range of major, minor, and exotic options. Traders can use MT4 or Fortrade's proprietary, low-latency platform. The USD/GBP spread typically averages a competitive 2 pips. | 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 | |
| 60+ | 25+ |
| GBPUSD Spread | |
| 2 | Floating |
| EURUSD Spread | |
| 2 | Floating |
| EURGBP Spread | |
| 3 | Floating |
| Cryptocurrency | |
| Fortrade provides CFD trading on major cryptocurrencies paired with USD. Availability of crypto CFDs is subject to local regulations, and they are not available in regions such as the UK due to restrictions. | 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 | |
| Variable | N/A |
| 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 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 |
| Fortrade | Binarycent |
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