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About

What is CFD trading? First of all, CFD is highly profitable but risky financial instrument that allows you to get profit in 60 seconds. It's easy to understand and to trade. No need to learn a lot - you can start trading today. You can start trading Forex and CFD on Binarycent platform even from $250. It makes Binarycent trading platform affordable for everyone. Minimum trade size is only 10 cents. You can train your Forex and CFD trading skills with minimal investments.

About

The decade of achievements, awards, and steady access to global financial markets for over four million traders. Create trading accounts, modify leverage, enable swap-free options, edit and restore passwords. Make deposits and withdrawals using the most popular payment options. View your detailed overall or account operation history, apply convenient filters to it and cancel your previous deposit. Start trading in a compatible trading platform app. View contest statistics and access your contest accounts. Activate bonuses and view statistics on active and completed bonuses. OctaFX Forex Broker ensures reliable Forex trading conditions to provide traders of all skill levels with an opportunity to earn more. OctaFX, one of the best Forex brokers on the market, for traders all round the world. OctaFX offers access to CFD trading, commodity trading and indices trading with award-winning Forex trading conditions.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Online Forex trading platform for traders

Audience

Users looking for a Forex broker solution to get access to CFD trading, commodity trading and indices trading

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 4.8 / 5
ease 4.8 / 5
features 4.7 / 5
design 4.9 / 5
support 4.8 / 5

Reviews/Ratings

Overall 4.8 / 5
ease 4.8 / 5
features 4.8 / 5
design 4.4 / 5
support 4.9 / 5

Pros & Cons from Real Users

Pros

  • Speed and ease of use were my top priorities, and this platform delivered on both counts. Deposits and withdrawals were lightning-fast, a massive plus for my active trading style. Moreover, this speed speaks volumes about the platform's underlying infrastructure and technical capabilities. In today's fast-paced market, this efficiency is a critical advantage, allowing traders to react quickly to opportunities and manage their funds without unnecessary delays. Also the interface is intuitive and straightforward, even for someone relatively new to binary options.
  • If you're new to binary options trading, Binarycent’s low minimum trade size is perfect for beginners. I started by trading with just $0.10, which helped me learn without risking significant amounts.
  • There is one key area that Binarycent can be proud of, and this is the list of assets that they have. Whether you are a fan of foreign exchange, stocks, or commodities futures, there always is something to trade. There have been pretty interesting sessions with gold options recently. Also, the instant deposits are great as well – when there is a good offer, you can act immediately.
  • After registering with the platform, I was eager to start trading. Testing the mobile interface first was crucial for my on-the-go trading style. I found it seamless, allowing me to execute and monitor trades effortlessly.
  • Having thoroughly researched and traded with a reputable broker, I find their professional conduct and transparent operations reassuring.

Cons

  • While the platform's own trading software is functional, the absence of MetaTrader is a significant drawback for those of us used to its advanced charting tools.
  • It would be beneficial to practice with virtual funds before trading real money. Additionally, while the low minimum trade size is great, the high commissions can be a drawback for small-scale stock traders.
  • To my dismay, I really wish they had a mobile application that I could use to access this site using my android phone.
  • The app and web platforms work smoothly, though more technical indicators would enhance analysis.
  • Although the minimum deposit is higher than ideal, I appreciate their commitment to maintaining a reliable and regulated service for traders like myself.

Pros & Cons from Real Users

Pros

  • Octa doesn’t charge any swap fees for overnight positions which means I can hold trades for weeks, and even months without losing anything on trading-costs, except for paying spreads. As a swing-positional trader I think it’s a game-changer because I believe big profits always are made from mid-term trades, I mean instead of sweating every day and trying to catch 1-2% profits, it’s better focus on something bigger, just opening a trade and leaving it for days or weeks until the price will be grown or fallen by 10-15% and that’s it. You made profits without worrying about every tick.
  • It’s been a year since I’ve been using the AI chart feature on their proprietary platform. I dunno how Octa managed to come up with such a cool tool because I see how other brokers are still behind them and lose competition. The way it analyzes my charts is indeed effective, just a few clicks, and there you go, you get a whole picture about what’s going on there...
  • Honestly, it’s pretty uncommon to come across trading conditions like those offered by Octa. Plus, it’s a relief to know that the broker is trustworthy and doesn’t demand a hefty deposit just to access those tight fees. They provide just one trading account, and that is more than enough to fit any trading strategy imho.
  • First thing to report that I liked is for sure special trading plaform - OctaTrader. It has AI tools that is helpful for trading. AI pattern recognition tool is a great additon. The app itself is user friendly too.
  • Support services are really nice, they answer quick most of the time. I hadonly positive experiences with live chat. and their own platform is packed with different features.

Cons

  • The design of the Octa trade app felt a little bit overwhelming because I needed to open guidelines to understand where and what buttons I have to click to open a chart, positions, and how to put stop losses and take profits. I mean it took a while to adjust to the platform’s functionality.
  • Sometimes spreads might be wider than usual, and ofc nobody likes that, but I hope they will be able to provide tighter spreads on cryptocurrencies, regarding forex pairs, they’re fine.
  • What I didn’t like was the commodity asset variation. They only have gold and silver, but where is crude oil or copper as an example?
  • I think they should update their education section. :D
  • Still has a drawback and its not enough asset, I think they can do like 1000+ assets so people have a wider selection.

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Binarycent
Founded: 2016
Marshall Islands
www.binarycent.com

Company Information

OctaFX
Founded: 2012
St. Vincent and the Grenadines
www.octafx.com

Alternatives

Alternatives

Vantage

Vantage

Vantage Markets

Categories

Categories

Integrations

Bitcoin
Centobot
Skrill

Integrations

Bitcoin
Centobot
Skrill
Claim Binarycent and update features and information
Claim Binarycent and update features and information
Claim OctaFX and update features and information
Claim OctaFX and update features and information