Alpari vs Binarium

Alpari vs Binarium Comparison Table 2024
Alpari	Binarium
Review 3.8	Review 2.6

Alpari is an offshore multi-asset broker that offers traders a wide range of forex trading opportunities as well as stock, index and commodity CFDs. The broker also offers fixed costs with payouts known upfront. Trading takes place on the reliable MT4 and MT5 platforms, plus the brand's mobile app. Alpari offers tight ECN spreads which will serve active day traders.	Binarium is an established international broker offering binary options trading on diverse markets including stocks, indices, forex, commodities and cryptocurrencies. Traders can start trading with as little as $1 and earn payouts up to 80% of their stake.
Bonus Offer
30% up to $100 (terms apply)
Comment by Reviewer
"Alpari will suit short-term binary options traders with a low $5 deposit, powerful charting terminals, and a rebate scheme. Forex traders also get very high leverage with tight spreads while the broker's PAMM service will appeal to hands-off investors."	"Binarium is a good binary options broker for traders looking for an experienced brand with low deposit requirements and a welcome bonus."
Pros
Low or no commissions are available and there are tight spreads on ECN accounts There's an excellent choice of funding options with no fees Cashback schemes are available for high-volume traders Alpari supports both the MT4 and MT5 platforms with support for Expert Advisors (EAs) Copy trading and PAMM services are also available for day traders The broker offers high leverage up to 1:1000 for experienced clients	Segregated client funds Promotions including 100% welcome bonus and trading tournaments Flexible payment methods and account currencies, including support for crypto payments Community forum platform Enhanced educational features Demo account with virtual funds Low minimum deposit requirements
Cons
The lack of educational resources is disappointing compared to alternatives There are fairly high charges for strategy manager copy trading tools The market analysis and research tools are limited	Unregulated Limited trading instruments Limited information on broker’s website No industry established trading terminals Lower payouts than other binary options brokers Specific bonus terms and conditions to meet before being able to withdraw funds
Instruments
Forex, CFDs, Stocks, Commodities, Indices, Crypto	Forex, Stocks, Cryptos
Demo Account
Yes	Yes
Minimum Deposit
$5	$5
Trading Platforms
MT4 MT5	Own
Payment Methods
ADVcash Bitcoin Payments Credit Card Ethereum Payments FasaPay Mastercard Wire Transfer	Bitcoin Payments Credit Card Debit Card Mastercard Neteller QIWI Visa WebMoney Wire Transfer Yandex Money
Minimum Trade
0.01 Lots	$1
Regulator
FSC, SEBI, JFSA
Margin Trading
No	No
STP Account
No	No
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
Yes	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
iOS & Android	iOS & Android
App Review
	Binarium offers a mobile app that should provide an optimal trading experience on the go. However, we’ve observed worrying complaints of deposits not showing in account balances despite multiple requests to the support team. So, despite a very modern interface and capable charting tools, it trails industry leaders.
Android App Rating
3.6	3.3
iOS App Rating
3.6	1.3
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	No
Copy Trading Platform
Users can follow experienced strategy managers at Alpari, including seasoned forex traders. The broker offers account ratings to help you find a suitable provider as well as notifications on returns and one-click deposits and withdrawals.
Social Trading
No	No
Trade Signals
	Yes
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
Yes	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$5
Islamic Account
Yes	No
Account Currencies
USD EUR GBP CZK NGN	USD EUR AUD RUB
Stock Exchanges
Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange Japan Exchange Group Nasdaq S&P 500
Commodities
Gold Natural Gas Silver
CFD Trading
Alpari offers CFDs on 60+ forex pairs, hundreds of global stocks, 11 stocks indices and spot metals and energies. Trading takes place via the MT4 or MT5 platforms, and the broker provides strategy and copy trading support as well as educational resources and 24/5 multilingual customer service.	CFD trading not offered
Leverage
1:1000
FTSE Spread
13
GBPUSD Spread
0.7
Oil Spread
4.0
Stocks Spread
2.0
Forex Trading
Alpari traders can access 60+ currency pairs and crosses via CFDs on the MT4 and MT5 platforms. The broker offers very competitive pricing, especially on the ECN Pro account which is commission free. Significant leverage up to 1:1000 is available.	Trade 20 forex pairs, including majors like EUR/GBP and USD/GBP as well as minor pairs. On the downside, this isn't the most varied selection of currencies available.
GBPUSD Spread
0.7	N/A
EURUSD Spread
0.4	N/A
EURGBP Spread
0.6	N/A
Assets
50+	20
Currency Indices
USD
Cryptocurrency
Alpari offers a solid selection of popular crypto tokens paired with the USD. Spreads are competitive, starting at 1 and users can analyze the digital asset markets with the leading MetaTrader platforms, including on the weekends.	Trade binary options on three Bitcoin pairs – BTC/USD, BTC/GBP and BTC/EUR – with flexible contract lengths. Simply bet whether the price of the asset will rise or fall.
Spread
1	N/A
Coins
AVE BTC BCH ADA LINK DAI DOGE EOS ETH ECH FIL LTC XMR DOT XRP MATIC SOL XLM USDT TRON UNI USDC	BTC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
Binary options trading not offered	Binarium is an experienced binary options broker offering access to a range of financial markets with a proprietary, sleek platform. New users can claim a welcome bonus up to $1,500 or practice in the demo account with $10,000.
Payout
80%	80%
Expiry Times
30 seconds - 4 hours
Ladder Options
No	No
Boundary Options
No	No

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