Binary Options $20000 Contest at Binary Cent

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Good Choice for Beginners!
    Free Trading Education, Free Demo Account!
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  • Binomo
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    2nd in our ranking!

Trading Contest!

Prize fund – $20000

All trading accounts automatically participate in the contest!

20 WINNERS EVERY WEEK!

All your trades will be counted regardless the trading result.

Top frequently asked questions

The places are distributed based on number of trades in 1 week, during active contest time.

First 4 places are getting 20000$ in cash. Other places are getting valuable prizes and bonuses.

All Binarycent traders are automatically signed up for contest.

The contest starts every Sunday at 21.00 GMT and ends Sunday at 20.30 GMT.

All trades are counted, regardless trading result. The minimum trade size should be 1$.

CFD trading volume is not counted in trading contest.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Good Choice for Beginners!
    Free Trading Education, Free Demo Account!
    Get a Sign-Up Bonus Now!

  • Binomo
    Binomo

    2nd in our ranking!

You will be notified by email about your place and the prize you won. Also you can always check your rank in the leader board.

To get a prize, your available trading balance should be $250 or more. Bonus prize will be credited to a trading account, if total amount of previous bonuses is not exceeding 150% of the total deposits amount. Trader can also refuse to accept bonus prize to his trading account.

How to start?

Advantages

Support

About us

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The financial services provided by this website carry a high level of risk and can result in the loss of all of your funds. You should never invest money that you cannot afford to lose. Please ensure you read our terms and conditions before making any operation in our trading platform. Under no circumstances the company has any liability to any person or entity for any loss or damage cause by operations on this website. Binarycent nor its agents or partners are not registered and do not provide any services on the USA territory.

Binary Options $20000 Contest at Binary Cent

Knowing what options you have to take advantage of at your binary options brokerage is always important. Many traders treat their platform as a place to deposit, place trades and withdraw funds, but it’s come to my attention that many brokers offer a lot more to their clients.

The Binary Cent broker offers a binary options contest every single week that allows traders to earn from a prize pool of $20,000. While to the broker the reason for putting on these contests is to incentivize clients to trade more, there is no reason why traders shouldn’t take advantage of this. The first place prize is $500, so it’s certainly worth your time to place a few extra trades and see if you can climb the leaderboard.

Binary Cent Contest Rules

The most important rule to the $20,000 contest is determining a winner of the weekly tournament. Much to my surprise, the contest determines the winner based on overall trades placed. So, it doesn’t matter if you win or lose, and it doesn’t matter how much you invest, it only matters how frequently you trade. Obviously, you will have to win a significant amount of trades in order to continue trading at a high volume, but you could also trade more frequently if you are trading a smaller investment per trade.

In order to qualify for the contest, all you have to do is be alive account owner with a deposit of more than $250. Every client of Binary Cent is automatically registered for the tournament, which means you don’t have to sign up for the contest on your own.

If you happen to trade frequently enough to win a prize, you will be notified via email, and you can always check your current rank in the leaderboard.

Active Contest Leaderboard

The Binary Cent “contest starts every Sunday at 21.00 GMT and ends Sunday at 20.30 GMT.” So, as soon as Sunday evening hits, you can start viewing the active contest leaderboard to see how many trades have been placed, and who is currently in the lead. The active contest leaderboard shows the top 10 traders, and what prizes they are in line to win based on their current position. It’s always a good idea to check the leaderboard to see if you are close, so that you can adjust your trading habits, and potentially place more trades if you feel you are close enough to win a prize.

Past Contest Leaderboard

The past contest leaderboard shows the top 20 traders, and how many trades they’ve made in the past week to qualify themselves for prizes. This is a good way to measure up your competition, and see if you have the potential to find your way up the leaderboard. In the current example, we can see that the top 5 traders all had over 20,000 trades placed, which is an extremely high number, and would definitely rule me out of the competition and fast order. In a busy week, I probably only place anywhere between 100 to 300 trades, which would put me outside of the top 20.

If you trade more, then you might have a chance.

Prize Fund Analysis

According to the contest rules, Binary Cent awards 20 winners per week from a prize fund of $20,000. Yet, when looking at the past contest leaderboard from the last week, it looks like they awarded traders less than $2500. I’m not sure if it’s always like this, but they should certainly live up to the prizes that they are guaranteeing traders.

Also, I notice that the fifth-place prize was an iPhone 10, and the fourth-place price was $200, which is quite odd because the iPhone 10 is worth much more than $200.

If you aren’t with BinaryCent, then check whichever broker you’re with, whether that’s Nadex , or OptionField to see if you qualify for their contest as well.

Conclusion

If you are an active trader, and you are utilizing the BinaryCent platform, then you should definitely take advantage of their contests, and see if there’s any way for you to motivate yourself to win more in the binary options market. Thanks for checking out my latest article, and let me know if you’ve anything you would like to add.

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Trade binary options
with Binarycent

What is binary option? First of all, binary option is highly profitable 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.

How to start trading on Binarycent

You can start trading binary options 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 binary options and CFD trading skills with minimal risks.

TRADING APP №1

How to start?

Advantages

Support

About us

Follow us on

The financial services provided by this website carry a high level of risk and can result in the loss of all of your funds. You should never invest money that you cannot afford to lose. Please ensure you read our terms and conditions before making any operation in our trading platform. Under no circumstances the company has any liability to any person or entity for any loss or damage cause by operations on this website. Binarycent nor its agents or partners are not registered and do not provide any services on the USA territory.

Broker Review: Binary Cent

Today I’m looking at a new binary options broker that provides traders with the opportunity to trade many different sizes, Binary Cent. This broker sets itself apart from the pack by offering traders trades that start as low as ten cents. This is great for traders that want the live trading experience, while they test of different strategies and figure out how to be profitable with a live account. Of course, they offer larger trades as well, and require a deposit of just $250.

The brokerage is relatively new, as it opened its doors in 2020. Their offices are located at Suomen Kerran LP, Centre Office, 58A Broughton Street, Edinburgh, EH1 3SA, Scotland. To get in touch with support, traders can email [email protected] or call 1-829-9476378. They also offer phone support for Russia, China, Thailand, Singapore and Australia. If you need any of those numbers, just go to the contact page which can be found on the binary cent website.

Binary Cent Review

I’ve just recently started my relationship with Binary Cent, and I’m very happy with what I’m seeing so far. The customer contact has been responsive, and I’ve been assured on multiple occasions that withdrawals will never be an issue with this brokerage. Considering this is the number one problem with most brokers, I make sure to ask brokers incessantly before I even sign up if they are going to be able to honor our agreements. It’s sad that this is the case in the binary options market right now, but hopefully more brokers like this one find a place in the market and start to replace the unregulated brokerage with issues.

There are 7 advantages the creators of this broker focuses on providing to the binary options community. They promise guaranteed withdrawals within an hour, a wide range of deposit and withdrawal methods, trader guidance, 24 7 multilingual support, secure trading and more than 10,000 daily process transactions. They also tell us that they have nonstop trading, which allows traders to trade even over the weekends. I have not tested this, and I’m not sure exactly how this would work considering the markets are closed. I assume this means that they have long-term trades that can last over the weekend, or even a couple of weeks.

Video Analysis

Account Types

There are currently 3 different Binary Cent account types. There is the bronze account that comes with live chat, one hour withdrawals and a 20% bonus. Then there is the silver account which comes with live chat, one hour withdrawals, a 50% bonus, a master class, and 3 risk-free trades. Lastly, there is the gold account which comes with live chat, one hour withdrawals, a 100% bonus, a master class, 3 risk-free trades and a personal success manager. As you probably already know I never recommend personal success managers, or anything that even closely resembles a binary options account manager.

There are just too many horror stories when it comes to binary options account managers. I don’t see why a skilled trader would ever work for a broker, so normally when you are getting someone who works with the broker to trade for you, they aren’t a skilled trader. That is just common sense.

Withdrawal Methods

When it comes to withdrawals, they pay traders via Visa, Mastercard, Bitcoin, Ethereum, Altcoins, Neteller, Skrill, and Perfect Money. Only the credit card option comes with a transfer fee. In regards to withdrawal time, every single option guarantees withdrawal processing within one hour.

I can’t tell you enough times how important this is to me. There have been too many times in the past where traders have been caught with too much money inside of a brokerage account, with the broker not honoring the withdrawal.

I am confident that that is not the case with BC.

Binary Cent Trading Contests

Every week the team over at Binary Cent holds a $20,000 contest for traders to win prizes, based on the volume of their trades. Traders are automatically qualified to enter this competition when they have more than $250 in their account, and it doesn’t matter how many trades are won or lost, just how many are placed.

I recommend that you check in with the leader board every once and a while to see if you are climbing close to the top, so you know what prizes you are eligible for.

Conclusion

At this point in time, I am willing to provide a recommendation to the Binary Cent brokerage. I am very happy with everything that I’ve seen this far, and I believe in both the support team and their respectability. If you have anything you would like to add to this review, please leave your comments and questions below the article now.

Binary Options Contest

At the end of the Public contest, top 10 contestants will win cash prizes which as follows:

  • 1 st : $750
  • 2 nd : $500
  • 3 rd : $350
  • 4 th : $250
  • 5 th : $175
  • 6 th : $125
  • 7 th : $100
  • 8 th : $75
  • 9 th : $50
  • 10 th : $25

Sign Up OR Log In & Start Contest

Live Contest Results

Leaderboard (Starting Balance: $10000.00) – 03/27/2020

Past Winners

Why Binary Options Contest?

Binary Options contests are the only risk free opportunity for learning and trading while experiencing excitement and earing cash prizes. For all individual traders it is important to take a chance and test their trading skills and at the same time not to lose their money. This does not mean all traders can experience is trading in a risk free atmosphere and all they interface is trading tools, chart and user. An important factor is, however, the sense of competing that is always associated with excitement, and winning/loosing binary that makes traders either feel happiness of being the best which is always thrilling, or make them try their best to be the next winner in upcoming competitions.

Binary options contests are becoming more popular in the world of trading options for offering some unique features. Participating in Binary Options contests does not require traders to deposit their money, i.e. the money is virtual; however, some brokers charge an entry fee. Using the virtual money, a trader can win real cash prizes. All a trader should do is to bid against others and increase the initial balance and whoever is more talented in trading will be the winner for real cash prizes.

Entering to a contest is an excellent introduction to the world of trading, especially for those who are newcomers. They can take a chance and see how trading works while they are not losing their money while learning, and they can see what their position is with regard to other traders, and track their accomplishment by consistently participating in contests. Those people who scare to risk their money in real world of trading can enter to contest trade type which does not require them to deposit real money.

Another feature that makes contests unique among other competitions is that you recognize your ability in trading. You may think that you are a terrific trader and due to the nature of trading remotely, you may feel badly the need of comparing your trading skills with others. Participating in a Binary Options contest, has fulfilled that feeling by offering live leaderboard feature.

There are usually contests that may take from a week to a month and the management team is the decision maker in this regard. Most of the brokers do not require traders to pay or register for participation, however, some other brokers will require you to approve your account and to pay an entry fee.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Good Choice for Beginners!
    Free Trading Education, Free Demo Account!
    Get a Sign-Up Bonus Now!

  • Binomo
    Binomo

    2nd in our ranking!

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