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Admiral Markets vs Binarycent

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

Admiral Markets vs Binarycent Comparison Table 2024
Admiral Markets	Binarycent

3.6	3
Admiral Markets is ranked #79 among CFD brokers.	Binarycent is ranked #9 among binary options brokers.
Review	Review
Admirals is a multi-regulated broker with an excellent range of leveraged instruments, including forex, stocks, indices, ETFs, commodities, cryptos and more. The broker supports the MetaTrader 4, MetaTrader 5 and TradingCentral platforms. With both spread betting and CFDs available and thousands of instruments, this broker provides more flexibility than most rivals.	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.
Forex & CFDs are complex products, not suitable for everyone, and come with the high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Pros
Low minimum deposit from $100 MetaTrader 4 platform and app integration Full range of investments including cryptos and spread betting Demo account to test the broker before real-money trading Admirals is a multi-regulated broker with a long list of industry awards and accolades Tight spreads and low to zero commissions mean Admiral Markets is a good option for active traders The low minimum deposit, fractional shares and easy three-step account registration process will appeal to beginners	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
Monthly inactivity fee US traders not accepted The demo account expires after 30 days	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
Best Education & Training (Germany) - 2020 Best Forex Broker (Spain) - 2020 Best Forex Company - 2019	Tech Finance - Journal Award - 2015 iFX Expo Asia Award - 2016
FCA Regulated
Yes	No List of FCA Regulated Brokers
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs, bonds, spread betting	CFDs, Forex, Stocks, Cryptos, Options, Commodities
Bonus
	20% to 200% deposit bonus
Demo Account
Yes	Yes
Minimum Deposit
$100	$250
Payment Methods
Credit Cards Klarna Mastercard Neteller PayPal Skrill Sofort Swift Wire Transfer	Credit Cards Debit Card Mastercard Neteller Perfect Money Skrill Visa WebMoney Wire Transfer
Minimum Trade
0.01 Lots	$0.01
Regulator
FCA, CySEC, ASIC, JSC, CMA, CIRO, AFM	VFSC
Mobile Apps
Yes	iOS, Android
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
4.6	3
Android App Rating
3.4	3
Margin Trading
Yes	Yes
MetaTrader 4
Yes	No
MetaTrader 5
Yes	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
Yes	No
ECN Account
No	No
DMA Account
Yes	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
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 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 (MetaQuotes)
VPS Hosting
Yes	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
USD EUR GBP SEK CHF CZK	USD
Commodities
Gold Natural Gas Orange Juice Copper Platinum Silver Cocoa Cotton Sugar Nickel Lithium	Gold Silver Oil
CFD
Trade CFDs on forex, stocks, indices, commodities, ETFs, bonds and cryptocurrencies with variable leverage up to 1:30. The broker provides great value to traders with six free trades per day on US, UK and European stocks, tight spreads on forex and low commissions on ETFs.	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
1:30 (EU), 1:500 (Global)	1:500
FTSE Spread
0.8	Floating
GBPUSD Spread<
1.3	Floating
Oil Spread
0.03	Floating
Stocks Spread
0.5	Floating
Forex
Trade 80+ major, minor and exotic forex pairs. This is a very competitive range of currency pairs with 50+ exotics to choose from, and traders will benefit from fast execution and support from extra features including a pip calculator. The MetaTrader 4 software was also designed for online forex trading.	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
50	25+
GBPUSD Spread
1	Floating
EURUSD Spread
0.6	Floating
EURGBP Spread
1	Floating
Currency Indices
USD
Cryptocurrency
Trade 42 crypto CFDs including 10 crypto cross pairs and 32 fiat pairs with USD and EUR. This is a very competitive offering for a CFD broker that gives diverse and flexible trading options.	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
1%	N/A
Coins
BTC BCH DSH EOS ETC ETH LTC XLM XMR XRP ZEC	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
No	Yes
Ladder Options
No	No

Admiral Markets	Binarycent
Review	Review
Forex & CFDs are complex products, not suitable for everyone, and come with the high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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