Bonuses for Binarycent
| Position | Company Logo | Information | Bonuses | Min. Dep | Regulation | Open an account |
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Minimum Deposit: $20 |  |
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Minimum Deposit: $250 | |
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Minimum Deposit: $250 | |
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Minimum Deposit: $250 | |
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Minimum Deposit: $100 | |
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No deposit bonus | Minimum Deposit: $5 |  |
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No deposit bonus | Minimum Deposit: $10 | |
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Minimum Deposit: $250 | |
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No deposit bonus | Minimum Deposit: $250 | |
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10
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No deposit bonus | Minimum Deposit: $100 | |
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No deposit bonus | Minimum Deposit: $10 | |
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No deposit bonus | Minimum Deposit: $25 | |
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No deposit bonus | Minimum Deposit: $100 | |
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No deposit bonus | Minimum Deposit: $10 | |
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No deposit bonus | Minimum Deposit: $10 | |
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No deposit bonus | Minimum Deposit: $2 | |
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No deposit bonus | Minimum Deposit: $500 | |
Binarycent is a great online broker that lets traders reach many different financial markets. This company always gets new traders because it offers great bonus programs. These tempting Binarycent bonuses add more money to your trading account, so you can improve your positions and look for new chances.
Find out how Binarycent is increasing bonus prizes in 2024 and look into ways to make the most of these bonuses to make more money.
Account Deposit Bonuses
When new traders sign up for an account and put money into it, Binarycent gives them enticing deposit incentives. The bonus amount is conditional on the account type that is established.
Bronze Account Bonus
This is the Binarycent account for people who are new to betting. It comes with a deposit bonus equal to 20% of the amount. Traders must make a deposit of $250 or more in order to get the 20% bonus. When you put $250 in, you’ll get a $20 bonus added to your account. Your deposit must be $500 in order to get the $100 bonus.
There are certain trade requirements you must meet before you can take money out of your Bronze account bonus. If traders want to withdraw their bonus funds, they have to trade 3x the bonus amount. If the trading volume requirement is not met, withdrawal would not be possible.
Silver Account Bonus
This account is tailored for traders who have some experience. This account offers enhanced features, market insights, and assistance in comparison to the Bronze account. Take advantage of a 50% deposit bonus up to $2000 on the Silver account. For the top $2000 bonus, traders must deposit at least $4000 into their new Silver account. Deposits of different amounts will lead to various bonus amounts. Nevertheless, a minimum deposit of $1000 is required to activate any Silver account bonus.
Just like the bronze bonus, the silver bonus also comes with a trading volume requirement that needs to be fulfilled before withdrawals are allowed. Traders must achieve a minimum trading volume of 3x the amount received in the silver bonus.
Gold Account Bonus
Binarycent offers a 100% deposit bonus on the Gold account, up to $5,000, for experienced traders. Traders must deposit a minimum of $5,000 into their Gold account in order to qualify for the whole $5,000 incentive. A minimum deposit of $3,000 is required to trigger any Gold account bonus, with reduced bonus amounts being offered for lower deposit levels.
The gold account bonus funds can only be accessed if you trade three times the amount. Bonus credit and any trading gains linked with it will expire if the trading conditions are not fulfilled, just like the other tiers.
Trading Contests
In addition, Binarycent hosts weekly trading contests that provide a total of $20,000 in prizes. There is a prize pool of $20,000 that is divided as follows: Weekly, the best 20 traders receive cash:
Prize Distribution
- 1st place: $10,000
- 2nd place: $5,000
- 3rd place: $3,000
- 4th place: $2,000
- 5th–10th place: $500 each ($2,500 total)
- 11th–20th place: $250 each ($2,500 total)
Contest Rules and Eligibility
The competitions run weekly, from Monday through Friday. To participate, traders must keep $500 in their accounts at all times. You cannot use a demo account; only a real trading account can be used. A minimum of ten round-turn trades per week, with a minimum of 0.1 lots per trade, are required of participants. For eligibility purposes, only forex trades are taken into account; other instruments are not.
Evaluation Criteria
During contest week, the highest return on margin will determine the winners. Binarycent computes each trader’s net profit as a percentage of their weekly margin usage. A monetary award will be given to the top twenty performers.
Tips to Improve Contest Performance
If you want to win more often in contests, use these strategies from veteran traders:
- Pick your transactions wisely so that you can reap more benefits than losses.
- Limit your losses on lost trades by using tight stops.
- Invest winnings in a way that allows them to grow over time.
- Utilize moving average convergence divergence (MACD) and other technical indicators to identify new trends
- To put data into numbers, keep meticulous transaction records.
- Stick to the currency pairs you’ve already done backtesting on.
- In competitions, volatility can be a leveler.
- Never trade in retaliation or overtrade after a loss.
Climbing the contest leaderboard is a delicate balancing act between risk management and the pursuit of outsized trading returns.
Referral Program
You may boost your earnings at Binarycent by inviting your friends to sign up for an account. You can receive a reward equal to 20% of your friend’s initial deposit when they register an account through your referral link. This commission is sent immediately to your account.
Everyone involved in the referral process finds it to be quite simple. Here’s how:
- The Binarycent dashboard is where you can locate your unique referral link.
- Distribute your connection across various internet mediums, such as social media, forums, email, and more.
- Be sure to closely monitor any new referrals that sign up.
- To create an account with Binarycent, your invitee should follow your link.
- To start your new trading account off, they put money in.
- The referrer will get 20% of the deposit amount as soon as it is deposited.
To illustrate, your account balance will be increased by $200 (0.2 * $1000) if you refer a friend and they deposit $1,000.
Sharing your link on trade forums, sending out emails, and, if relevant, incorporating the link into your website or blog content are other ways to boost referrals. Make sure your one-of-a-kind link offers value to a large audience of potential new traders through several channels.
Giveaway Promotion
New and existing traders alike can take part in Binarycent’s tech giveaway contest. Fantastic prizes including iMacs, Apple Watches, iPads, and iPhones are up for grabs during the campaign period, and traders may gain entries by making qualifying deposits. More entries will be yours when you increase your deposit:
New Giveaway Prizes:
Binarycent selected popular Apple devices tailored to enhance your trading experience:
- Apple Watch Series 9: Deposit Range: $500 – $999, 10 prizes available
- iPhone 15 Pro 256GB: Deposit Range: $1000 – $2499, 5 prizes available
- iPad Pro: Deposit Range: $2500 – $4999, 5 prizes available
- iMac 27′′: Deposit Range: $5000+, 3 prizes available
How to enter
Make a qualifying deposit throughout the campaign time and activate the giveaway offer under My Promotions on your Binarycent dashboard to participate. You can increase your chances of winning bigger prizes by increasing your deposit amount. As an example, you can enter to win an iPhone 15 Pro with a deposit between $1000 and $2499, for instance. The grand prize is a 27-inch Apple iMac, but you’ll get three opportunities to win it if you deposit $5,000 or more.
Indulge in the 100% bonus and get in on this exciting campaign for a shot at winning trader-specific Apple devices. Good luck!
Conclusion
In 2024, traders at Binarycent can take advantage of a wide range of possibilities to increase their account balances, including referral programs, contests, freebies, and welcome bonuses. Traders can maximize their profits by taking advantage of promotions, but only if they are well-informed and trade properly.
FAQs
How many account bonuses can I get?
When you sign up for a Binarycent account, you’re only eligible for one welcome bonus per IP address. The first bonus is based on your deposit amount and the account type you select. You can keep earning bonuses from contests, referral programs, and other promotions that Binarycent runs from time to time after you’ve claimed your initial bonus.
Can I withdraw the bonus amount directly?
You cannot get your hands on the original bonus money right away. These bonus funds are to fund all trading-related activities. However, once you reach Binarycent’s minimum trading volume requirements, you will be able to withdraw any earnings generated from trading the bonus. You must use the initial bonus credit for trading activity in your account; it cannot be withdrawn as cash.
How are the winning places distributed in Binarycent’s trading contest?
Earnings are based on the total number of trades made during the contest’s active one-week period. The traders with the most $10 trades placed will be eligible for top awards, which include a cash payment of $20,000.
Can I lose my own money trading with a bonus?
There is a difference between the bonus and your invested funds; the former is at risk if your trades result in losses. Bonuses, in the simplest terms, are extra credit. Never forget that you are personally responsible for covering your trading losses.
Can I use the bonus as margin for leveraged trades?
One great thing about Binarycent’s trading account bonuses is that they add to your overall account balance. This means you have more margin to start new leveraged positions. You are free to trade with bigger position sizes and adopt a riskier trading strategy with the extra bonus capital as margin, unlike what your original deposit capital could have allowed.
Are there any trade limitations to qualify for contest prizes?
No matter the outcome, any foreign exchange deals above the $10 minimum size are eligible for the contest. We only deal in forex; CFD volumes do not apply. Any two currencies can be traded with each other.
What are the prizes available for the trading contest?
From the $20,000 pot, the best four traders will receive cash awards. Here is the breakdown of the prizes: Prize money is $10,000 for the winner, $5,000 for the runner-up, and $2,500 for the third and fourth place finishers. Binarycent will award the accounts of further winners with significant extra prizes.
How will I be notified if I win a trading contest prize?
At the conclusion of every contest week, you will be notified by email of your final position and the reward you earned. Moreover, all week long, from the comfort of your Binarycent dashboard, you can keep tabs on the current contest ranking.