Binary.com vs Forex.com
| Binary.com | Forex.com |
|---|---|
4
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4.5
Forex.com is #1 in our CFD broker rankings. |
 Traders from US not accepted |
Traders from US accepted |
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Binary.com are the established pioneers of binary options. They are a well-known broker offering 150+ derivative products across a range of popular markets. With over 2.5 million users worldwide, the broker offers options multipliers and CFDs on two powerful trading platforms. |
Forex.com boasts a global reputation with multiple awards and 20+ years experience. Regulated in the US, EU, UK and Canada they offer a huge range of markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders. |
| Comment by Reviewer | |
| "Binary.com (now Deriv) is a great pick for beginners and advanced traders interested in short-term trading with multipliers and leveraged CFDs. The broker is also a leader in synthetic indices which simulate real market movements and are available around the clock." | "Forex.com is excellent for forex traders with over 80 currency pairs, tight spreads, low commissions and powerful platforms. The brand is also heavily regulated while its parent company is listed on the NASDAQ, giving it a high trust score." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| Stocks, CFD, Forex, Crypto, Binary Options | Forex, CFDs, Stocks, Indices, Commodities, Cryptos, Futures, Options |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $5 | $100 |
| Payment Methods | |
| Minimum Trade | |
| $1 | $1 |
| Regulator | |
| MGA, SC | CySEC, IIROC, NFA, CFTC, FCA, CIMA, CIRO |
| Margin Trading | |
| No | Yes |
| MetaTrader 4 | |
| Yes | Yes |
| MetaTrader 5 | |
| Yes | Yes |
| cTrader | |
| No | No |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | Yes |
| Autochartist | |
| No | Yes |
| eSignal | |
| No | Yes |
| Trading Central | |
| No | Yes |
| STP Account | |
| No | Yes |
| ECN Account | |
| No | Yes |
| DMA Account | |
| No | Yes |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | Yes |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | Yes |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | No |
| Mobile Apps | |
| iOS, Android | iOS & Android |
| Auto Trading | |
| Binary.com offer a self build robot feature to design, test and implement automated trading strategies | Automated trading supported through platforms (MT4) |
| Copy Trading | |
| No | No |
| Social Trading | |
| No | No |
| Trade Signals | |
| SMART Signals | |
| VPS Hosting | |
| No | Yes |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $15 | |
| Islamic Account | |
| No | Yes |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Trade CFDs with tight spreads on key markets as well as the broker's 24/7 synthetic indices, which are not available elsewhere. | Go long and short on a range of popular financial markets with intuitive platforms and reliable execution. 99.76% of trades are executed in less than a second with an average speed of 0.02 seconds. |
| Leverage | |
| 1:1000 | 1:200 |
| FTSE Spread | |
| 1 pt var | 1 pt |
| GBPUSD Spread | |
| 1 pip var | 1.0 Var |
| Oil Spread | |
| 3 pips var | 0.04 Var |
| Stocks Spread | |
| 0.1% (Min Commission Applies) | |
| Forex Trading | |
| Binary.com deliver advanced forex trading via the MetaTrader 5 platform and flexible account options. | Forex.com is a leading FX broker. The brand offers a huge range of currency pairs and some of the lowest fees in the industry. Spreads on the EUR/USD come in as low as 0.2 with a $5 commission per $100k. |
| Forex App | |
Running alongside the Advanced and WebTrader Platforms, the Forex.com mobile app offers full trading capabilities on a user-friendly, compact platform. Integrated news and analysis, plus real time trade alerts, are two mobile specific features that set this app above the crowd. |
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| GBPUSD Spread | |
| 1 pip var | 1.0 Var |
| EURUSD Spread | |
| 0.5 pip var | 0.8 Var |
| EURGBP Spread | |
| 1 pip var | 0.8 Var |
| Assets | |
| 45+ | 80+ |
| Cryptocurrency | |
| Trade with 1:2 leverage on 25+ crypto pairs with zero commission and access to the powerful MT5 platform. | Trade major cryptos against USD, EUR, GBP and AUD. All traded with tight spreads. No virtual wallet is required, just a trading account. Cryptos are not available in the US, UK or Canada. |
| Spread | |
| BTC 2%, ETH 3% | BTC 1.4%, ETH 2% |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| Binary Options | |
| Binary.com are the pioneers of binary options. The original binary brand continue to expand and innovate their offering and remain one of the most trusted brands in the binary sector. | Binary options trading not offered |
| Payout | |
| 91% | |
| Ladder Options | |
| Yes | No |
| Boundary Options | |
| Yes | No |
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| More Comparisons | |
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Binary.com vs |
Forex.com vs |