Review of the scam broker Binarycent and feedback from deceived clients.
**Review of the Binarycent scam broker and real client reviews**
Many people are attracted to the opportunity of rapid capital growth through binary options trading in today’s world. However, choosing a reliable intermediary is crucial to avoid losing all investments. Unfortunately, among brokers, there are also scammers. One such scam broker is Binarycent, which many traders have encountered.
What is known about Binarycent?
The Binarycent broker’s website claims that the company has been operating since 2016 and is a subsidiary of Cent Projects Ltd, registered in the Seychelles. However, real data indicate the opposite. There is also information about the company having branches in various countries, but some of this information also turns out to be false. The license from the Seychelles Financial Services Authority, mentioned on the website, is also not actually confirmed.
In general, the presented facts indicate that Binarycent is a fraudulent company providing false information and lacking permission to provide brokerage services. Therefore, cooperation with them carries a high risk for your investments.
Review of the binarycent.com website
Binarycent offers its services on a website that supports 7 languages. However, the quality of most translations leaves much to be desired, which can create inconvenience for users. Some information is only available in English, which can also be a problem for Russian-speaking clients.
The Binarycent website is presented in a standard template, not distinguishing it from other similar platforms. Educational materials on the site are absent, making it unattractive for beginners in binary options trading.
What does Binarycent offer? Collaboration terms review
Binarycent promises clients favorable collaboration terms, including the ability for fast fund withdrawals, a variety of deposit and withdrawal methods, and a secure trading process. However, many user reviews indicate the opposite – often the company fails to fulfill its promises and does not withdraw clients’ funds.
Binarycent offers a limited selection of assets for trading, as well as various account types with different conditions. The minimum balance top-up amount remains at $250.
Client reviews of the “Binarycent” binary options broker
Today, on forums and user reviews, there is a lot of negative information about Binarycent. Clients complain about the inability to withdraw funds, inadequate behavior of support staff, and the company’s use of deceptive methods. Some users even warn other traders about the dangers of working with Binarycent.
Binarycent scam scheme
According to user reviews, Binarycent may provide falsified quotes and use other deceptive tactics to put clients in the negative on binary options. Additionally, the company’s operations are unlicensed, leaving clients without protection of their rights in case of conflicts.
Summary of the “Binarycent” review
In conclusion, it is worth noting that Binarycent lacks the appropriate license, provides false information, and receives many negative reviews from clients. These factors make cooperation with this company extremely risky and undesirable for anyone who values their financial investments.
Author: Irina Vladimirova