Quick verdict
Olymp Trade comes out ahead with a score of 3.9/5, against 3.0/5 for BinaryCent.
Olymp Trade is best for: Traders who want a mature app and a registered entity
Avoid Olymp Trade if: You need a top-tier regulator or live in India
BinaryCent is best for: Experienced traders who want weekly tournaments
Avoid BinaryCent if: You have a small budget or dislike bonus conditions
Scores side by side
Olymp Trade 3.9/5
- Platform & apps4.5
- Costs & minimums4.4
- Payments4.4
- Support4.2
- Regulation & transparency2.6
BinaryCent 3.0/5
- Platform & apps3.8
- Costs & minimums2.9
- Payments3.7
- Support3.6
- Regulation & transparency1.5
First look: the two websites
About Olymp Trade and BinaryCent
Olymp Trade (2014). Olymp Trade has offered fixed-time trading since 2014 and later added forex and CFD trading. The platform is aimed at retail traders who want short trades on currencies, crypto, commodities and shares with a small budget.
BinaryCent (2017). BinaryCent has offered binary options, forex and CFDs since 2017 through its own browser platform. It targets active traders with tournaments and deposit bonuses.
Regulation and safetyWinner: Olymp Trade
Neither Olymp Trade nor BinaryCent is authorised by a top-tier regulator such as the FCA, CySEC or ASIC. Both operate through offshore companies, so there is no compensation scheme and no regulator in your country to complain to.
Official warnings and alert-list entries in our sources: Olymp Trade 1, BinaryCent 0.
| Feature | Olymp Trade | BinaryCent |
|---|---|---|
| Regulation | No top-tier regulator. Its operator is registered in Vanuatu, and it is a member of The Financial Commission, a private dispute body. | No. Cent Projects Ltd operates it offshore without a financial licence. |
| Regulator warnings on record | RBI | – |
| Dispute body | Member of The Financial Commission (private dispute body) | No external dispute body |
On transparency and safety we score Olymp Trade higher (2.6 vs 1.5).
Minimum deposit and feesWinner: Olymp Trade
Olymp Trade is cheaper to start with: the minimum deposit is $10, against $250 at BinaryCent. The smallest trade is $1 at Olymp Trade and $0.10 at BinaryCent.
| Feature | Olymp Trade | BinaryCent |
|---|---|---|
| Minimum deposit | $10 | $250 |
| Minimum trade | $1 | $0.10 |
| Fees | No deposit fee advertised; spreads and swaps in forex mode | Bonus turnover reported at 40x; USD 250 minimum top-up |
| Withdrawal fees | No platform fee advertised; payment-provider fees may apply | No platform fee advertised |
| Inactivity fee | Check the current terms | Check the current terms |
| Bonus | Promo codes and deposit bonuses with conditions | 20–100% deposit bonuses; turnover reported at 40x |
Payouts and the win rate you needWinner: BinaryCent
BinaryCent advertises the higher maximum payout (95% vs 93%). That lowers the win rate you need to break even from 51.8% to 51.3%.
| Feature | Olymp Trade | BinaryCent |
|---|---|---|
| Max. payout | 93% | 95% |
| Break-even win rate | 51.8% | 51.3% |
| Note | 93% applies to selected assets; observed payouts are lower off-peak | 95% is the advertised maximum; VIP adds a payout boost |
Advertised maximums apply to selected assets at the best times. Check the payout shown on the trade ticket before you open a trade; it is often lower.
Platform and mobile appWinner: Olymp Trade
Olymp Trade. A proprietary web platform with clean charts, indicators and trade history. Fixed-time and forex modes sit in the same interface.
BinaryCent. A browser platform with short expiries from seconds, tournaments and account-level boosts.
| Feature | Olymp Trade | BinaryCent |
|---|---|---|
| Platform | Web, Android, iOS | Web, Android, iOS |
| Android | Yes | Yes |
| iPhone | Yes | Yes |
| Extras | Account tiers, Advanced charts | Account tiers, Tournaments |
Assets and expiry times
| Feature | Olymp Trade | BinaryCent |
|---|---|---|
| Number of assets | 100+ | 160+ |
| Markets | Forex, Crypto, Commodities, Stocks, Indices | Forex, Crypto, Commodities, Stocks, Indices |
| Expiry times | 5 seconds – 23 hours | From 5 seconds |
Deposits and withdrawalsWinner: Olymp Trade
Olymp Trade. Minimum withdrawal USD 10. Identity verification is required before the first payout; higher account levels get priority processing.
BinaryCent. Minimum withdrawal USD 20; faster processing on higher tiers.
| Feature | Olymp Trade | BinaryCent |
|---|---|---|
| Deposit methods | Bank cards, E-wallets, Crypto, Local methods | Bank cards, Crypto |
| Withdrawal methods | Bank cards, E-wallets, Crypto, Local methods | Bank cards, Crypto |
| Minimum withdrawal | $10 | $20 |
| Withdrawal time | Depends on account level and method; priority for higher levels | Faster on higher tiers |
Demo accountWinner: Olymp Trade
Only Olymp Trade offers a free demo account in our sources.
| Feature | Olymp Trade | BinaryCent |
|---|---|---|
| Demo balance | Yes | No |
| Try without registering | – | – |
Customer supportWinner: Olymp Trade
| Feature | Olymp Trade | BinaryCent |
|---|---|---|
| Support channels | Live chat, Email, Help centre | Live chat, Email |
| Support | 4.2/5 | 3.6/5 |
Where you can use themDraw
Olymp Trade accepts clients in 38 of the countries we cover, BinaryCent in 38.
Pros and cons
Olymp Trade
- +Government-registered entity in Vanuatu plus Financial Commission membership
- +Payouts up to 93% and expiries from 5 seconds to 23 hours
- +Low entry: USD 10 deposit, USD 1 trades
- +Well-built web platform and mobile apps
- −No top-tier regulator; Vanuatu is a light-touch jurisdiction
- −On India's RBI Alert List
- −Best conditions reserved for higher account levels
- −Not available in the US, UK, Canada or the EEA
BinaryCent
- +Trades from USD 0.10
- +Weekly trading tournaments
- +Payouts advertised up to 95%
- +Crypto deposits accepted
- −Highest minimum deposit in this ranking: USD 250, also for top-ups
- −No regulator; third-party reports of warning-list entries
- −Bonuses require heavy turnover before withdrawal
- −No free demo account confirmed
Verdict: Olymp Trade or BinaryCent?
Olymp Trade wins 5 of 7 categories in this comparison. Olymp Trade comes out ahead with a score of 3.9/5, against 3.0/5 for BinaryCent.
Our pick: Olymp Trade
Olymp Trade is best for: Traders who want a mature app and a registered entity
Whichever you choose, start with the demo, keep your first deposit small and test a withdrawal before you add more. Binary options are high-risk and most retail traders lose money.
Frequently asked questions
Which is better, Olymp Trade or BinaryCent?
On our score Olymp Trade is ahead (3.9/5 vs 3.0/5). Olymp Trade is best for: Traders who want a mature app and a registered entity. BinaryCent is best for: Experienced traders who want weekly tournaments.
Which has the lower minimum deposit, Olymp Trade or BinaryCent?
Olymp Trade is cheaper to start with: the minimum deposit is $10, against $250 at BinaryCent.
Which pays more, Olymp Trade or BinaryCent?
BinaryCent advertises the higher maximum payout (95% vs 93%). That lowers the win rate you need to break even from 51.8% to 51.3%.
Are Olymp Trade and BinaryCent regulated?
Neither holds a licence from a top-tier regulator such as the FCA, CySEC or ASIC. Both operate through offshore companies, so your money has limited protection.
Related comparisons and guides
- Pocket Option vs Olymp Trade
- Pocket Option vs BinaryCent
- IQ Option vs Olymp Trade
- IQ Option vs BinaryCent
- Expert Option vs Olymp Trade
- Expert Option vs BinaryCent
- Olymp Trade vs Binomo
- Olymp Trade vs Binarium
Olymp Trade review →BinaryCent review →Is Olymp Trade a scam? →