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Binarycent Review: How to Open a Binarycent Broker Account

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Binarycent is an online broker that provides a user-friendly platform for trading various assets like forex, cryptocurrencies, stocks, indices and more. With leverage up to 1:500 and payouts up to 95%, Binarycent offers traders the potential for significant profits. However, you'll need to open an account first. This guide will walk you through the quick and easy process.

What is Binarycent?

Binarycent broker is registered by the Marshall Islands Trust Company. They offer 24/7 trading access across global markets like forex, commodities, cryptocurrencies and indices. They provide a proprietary  platform with powerful charting tools, educational resources, swift deposit/withdrawals and multilingual customer support. 

With robust security protocols in place, Binarycent upholds data protection standards. This broker also provides a wide range of funding and withdrawal methods. According to reviews, clients receive withdrawals within 1 hour. Overall, Binarycent provides a trusted platform for speculating on asset price movements.

Binarycent broker also gives leverage up to 1:500 and payouts up to 95% on successful binary trades. There is also multilingual customer assistance available 24/7 via phone, email, and live chat. All operations are 100% secured with data protection protocols.

How to Open a Binarycent Account Step-by-Step

Opening a trading account with a Binarycent broker is a quick and straightforward process that can be completed in just a few minutes. 

Step 1

Go to binarycent.com and click the “Signup” icon in the top right corner. This will bring up the new account form.

Step 2

Fill in your email address, phone number, full name, and preferred account currency on the form. Your email and phone number enable Binarycent to send you login details and account information. Choose an account currency matching the currency you intend to trade with to avoid conversion fees.

Step 3

Read through the Terms & Conditions carefully before accepting them. This document covers important rules surrounding privacy, fees, risks and more that you must understand before trading. Once you've accepted, click “Next” to complete registration.

Binarycent Account Verification

After opening a new account, you will need to complete an ID verification process by providing documents like a passport, national ID card or driver's license. This process is necessary if you want to withdraw your profits from the Binarycent app. Proof of address is also required from a recent utility bill or bank statement. 

This standard 'Know Your Customer' procedure confirms your identity and ensures Binarycent complies with anti-money laundering regulations. Once your documents are uploaded, account verification typically takes one business day or less. After your account is verified, you can begin live trading on the Binarycent platform with confidence.

Is Binarycent Legit?

Yes, Binarycent is a legitimate broker. With proper licensing, strong security, segregated accounts and strict privacy rules, Binarycent upholds regulatory standards. There have been no incidents of Binarycent scamming clients. They have very strong security measures in place, like SSL encryption, and keep customer funds safe in different accounts. 

Furthermore, the broker follows strict privacy rules that spell out how they collect, store, and use information about their users. Binarycent has a license from the Marshall Islands Trust Company (MH96960) and the license number 103581. Overall, Binarycent provides a transparent trading environment that traders can trust.

The Bottom Line

In summary, opening a trading account with Binarycent is a quick and easy process that can be completed online in just a few minutes. The broker offers a legitimate trading platform with strong security protocols to protect your information and funds.

While there are risks involved in trading financial assets, Binarycent provides educational resources, 24/7 support, and risk management tools to give traders the best chance for success. If you take the time to learn responsible trading practices, a Binarycent account can provide you with convenient access to global trading markets across a range of assets.

FAQs

Does Binarycent offer demo accounts?

Yes, Binarycent does offer demo accounts with fake money so traders can try out the site without any risk. Demo accounts are like the real market, so traders can try out trading methods without risking real money.

What customer service options does Binarycent provide?

Support is available 24 hours a day, seven days a week, through live chat, email, and the phone. Through these routes, traders usually hear back in less than an hour. Through the Binarycent platform, you can easily connect to live chat.

How long does it take to withdraw money from Binarycent?

According to client reviews of binarycent, one of the fastest withdrawal times in the industry is a key benefit of the platform. Withdrawal requests are typically processed within 1 hour or less. However, withdrawal times can vary depending on account type and payment method used, but most clients report receiving withdrawals very swiftly. This distinguishes Binarycent from other brokers that can take days to process withdrawals.

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Published 12 March 2024, 11:01 IST

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