Admiral Markets vs Binomo

Admiral Markets vs Binomo Comparison Table 2024
Admiral Markets	Binomo
Review 3.5	Review 3.4

Admirals is an FCA- and ASIC-regulated broker with an excellent range of leveraged instruments, including forex, stocks, indices, ETFs, commodities, cryptos and more. The broker supports the MetaTrader 4, MetaTrader 5 and TradingCentral platforms. With both spread betting and CFDs available and thousands of instruments, this broker provides more flexibility than most rivals.	Binomo is a beginner-friendly binary options broker that offers trading on forex, stocks and indices via high/low binary options on a simple web-based platform with payouts up to 90% and reliable service. The firm was launched in 2012 and is based offshore.
Comment by Reviewer
"Admirals is a good pick for novice-to-intermediate traders that want a trustworthy, regulated broker with access to a wide range of markets with tight spreads and no commission."	"Traders who enjoy straightforward, fast-paced trading on forex and stocks should check out Binomo's short-term binary options. The intuitive platform and joining requirements make the brand particularly attractive for newer traders."
Pros
Low minimum deposit from $100 MetaTrader 4 platform and app integration Copy trading service with easy account controls Full range of investments including cryptos and spread betting Demo account to test the broker before real-money trading Admirals is a multi-regulated broker with a long list of industry awards and accolades Tight spreads and low to zero commissions mean Admiral Markets is a good option for active traders The low minimum deposit, fractional shares and easy three-step account registration process will appeal to beginners	Custom-designed platform that works quickly on mobile devices Demo account available to all with no restrictions Low minimum trade value from $1 Competitive payouts up to 90% Thousands of daily traders Low minimum deposit of $10 Clear tiered account system
Cons
Monthly inactivity fee US traders not accepted The demo account expires after 30 days	Contract expiry times of 1 minute to 1 hour are very short term for many traders Limited extra features with no copy trading Small selection of tradeable instruments Weak regulatory oversight
Awards
Best Education & Training (Germany) - 2020 Best Forex Broker (Spain) - 2020 Best Forex Company - 2019
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs, bonds, spread betting	Fixed Time Trades
Demo Account
Yes	Yes
Minimum Deposit
$100	$10
Trading Platforms
MT4 MT5 TradingCentral	Own
Payment Methods
Credit Card iDeal Klarna Mastercard Neteller PayPal POLi Skrill Sofort Swift Wire Transfer	Cashu Credit Card Doku Wallet JCB Card JetonCash Mastercard Perfect Money Skrill
Minimum Trade
0.01 Lots	$1
Regulator
FCA, CySEC, ASIC, JSC
Margin Trading
Yes	No
STP Account
Yes	No
ECN Account
No	No
DMA Account
Yes	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
Yes	iOS and Android
App Review
	The Binomo app distinguishes itself by offering a comprehensive toolkit, including a risk-free demo account and over 30 analytical tools for technical analysis, ensuring newcomers and seasoned traders can confidently navigate the markets. Moreover, its diverse asset offerings across various markets, coupled with the opportunity to leverage CFDs provides a range of opportunties, all while having access to 24/7 support.
Android App Rating
	4.7
iOS App Rating
	4.6
Auto Trading
Expert Advisors (EAs) on MetaTrader	BinomoBot tracks 12 moving and 5 technical indicators and can be set up in than 3 minutes.
Copy Trading
Yes	No
Copy Trading Platform
Admiral Markets offers an intuitive copy trading solution where subscribers can mirror the strategies of proven investors while setting their own stop loss and take profit limits in line with their risk appetite.
Social Trading
Yes	No
Trade Signals
Yes (MetaQuotes)	Yes
VPS Hosting
Yes	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$10	$30
Islamic Account
Yes	No
Account Currencies
USD EUR GBP SEK CHF CZK	USD EUR
Stock Exchanges
Australian Securities Exchange (ASX) Bombay Stock Exchange CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange IBEX 35 Nasdaq Nasdaq Nordic & Baltics Shanghai Stock Exchange SIX Swiss Exchange	Dow Jones Nasdaq New York Stock Exchange
Commodities
Cocoa Copper Cotton Gold Lithium Natural Gas Nickel Orange Juice Platinum Silver Sugar	Gold Oil Silver
CFD Trading
Trade CFDs on forex, stocks, indices, commodities, ETFs, bonds and cryptocurrencies with variable leverage up to 1:30. The broker provides great value to traders with six free trades per day on US, UK and European stocks, tight spreads on forex and low commissions on ETFs.	CFD trading not offered
Leverage
1:30 (EU), 1:500 (Global)
FTSE Spread
0.8
GBPUSD Spread
1.3
Oil Spread
0.03
Stocks Spread
0.5
Forex Trading
Trade 80+ major, minor and exotic forex pairs. This is a very competitive range of currency pairs with 50+ exotics to choose from, and traders will benefit from fast execution and support from extra features including a pip calculator. The MetaTrader 4 software was also designed for online forex trading.	Binomo offers a competitive suit of currencies from majors like EUR/USD to exotics like EUR/MXN. But with contracts spanning 1 minute to 1 hour, the broker is best for short-term forex binary options traders.
GBPUSD Spread
1	N/A
EURUSD Spread
0.6	N/A
EURGBP Spread
1	N/A
Assets
50	19
Currency Indices
USD
Cryptocurrency
Trade 42 crypto CFDs including 10 crypto cross pairs and 32 fiat pairs with USD and EUR. This is a very competitive offering for a CFD broker that gives diverse and flexible trading options.	Binomo offers 24/7 fixed time trades on a few major cryptos, including Bitcoin. However this is significantly less than alternatives like Focus Option which offers more than 80 digital tokens.
Spread
1%	N/A
Coins
BTC BCH DSH EOS ETC ETH LTC XLM XMR XRP ZEC	BTC LTC BCH ADA
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
Binary options trading not offered	Binomo offers binary options trading around the clock, including the weekends. You can speculate on the short-term price movements of popular markets, from stocks to currencies. Payouts are competitive climbing to 90% and contracts start from just 1 minute.
Payout
	90%
Expiry Times
	1 minute - 60 minutes
Ladder Options
No	No
Boundary Options
No	Yes

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