Binary.com vs IC Markets
| Binary.com | IC Markets |
|---|---|
4
|
4.8
|
 Traders from US not accepted |
Traders from US not accepted |
|
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. |
IC Markets is a respected multi-asset broker offering premium trading technology, highly competitive pricing and 24/7 customer support. The broker provides various social trading features for beginners whilst experienced traders can enjoy advanced charting and analysis tools. Over 180,000 clients from more than 200 countries have signed up with the heavily regulated and trustworthy brand. |
| 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." | "IC Markets offers a top-class environment for traders of all experience levels and strategies. Industry-leading platforms, superior pricing and flexible accounts will meet the needs of both beginners and active day traders." |
| Pros | |
|
|
| Cons | |
|
|
| Awards | |
|
|
| Instruments | |
| Stocks, CFD, Forex, Crypto, Binary Options | Futures, CFD, Forex, Crypto, REITs, Volatility Index |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $5 | $200 |
| Payment Methods | |
| Minimum Trade | |
| $1 | 0.01 Lots |
| Regulator | |
| MGA, SC | ASIC, CySec, FSA |
| Margin Trading | |
| No | No |
| MetaTrader 4 | |
| Yes | Yes |
| MetaTrader 5 | |
| Yes | Yes |
| cTrader | |
| No | Yes |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | No |
| Autochartist | |
| No | No |
| eSignal | |
| No | No |
| Trading Central | |
| No | No |
| STP Account | |
| No | No |
| ECN Account | |
| No | No |
| DMA Account | |
| No | Yes |
| MAM Account | |
| No | Yes |
| PAMM Account | |
| No | Yes |
| LAMM Account | |
| No | Yes |
| 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 | |
| No | Yes |
| Mobile Apps | |
| iOS, Android | iOS, Android and Windows |
| Auto Trading | |
| Binary.com offer a self build robot feature to design, test and implement automated trading strategies | Yes, via EQUINIX NY 4 |
| Copy Trading | |
| No | Yes |
| Copy Trading Platform | |
| The IC Social app is easy-to-use and allows traders to learn, share and mirror positions in a few clicks. The app also hosts risk management tools and facilitates direct messaging and dedicated trading groups. Alternatively, IC Markets provides access to popular third-party copy trading tools - ZuluTrade and Myfxbook. | |
| Social Trading | |
| No | No |
| Trade Signals | |
| Yes (Via Robot Feature) | |
| 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 | |
| 0 | |
| Islamic Account | |
| No | Yes |
| Account Currencies | |
|
|
| 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. | Trade CFDs 24/5 on popular markets including forex, commodities, indices, stocks and bonds. IC Markets offers deep liquidity, raw spreads and high leverage. |
| Leverage | |
| 1:1000 | ASIC and CySEC -1:30, FSA - 1:500, 1:1000 Elsewhere |
| FTSE Spread | |
| 1 pt var | 1 pt |
| GBPUSD Spread | |
| 1 pip var | 0.5 pips |
| Oil Spread | |
| 3 pips var | 1 pt |
| Forex Trading | |
| Binary.com deliver advanced forex trading via the MetaTrader 5 platform and flexible account options. | Trade currencies with 0.0 pip spreads at one of the world's leading forex brokers. IC Markets is a great choice for serious traders with superior execution and low fees. |
| Forex App | |
IC Markets deliver mobile apps for both their cTrader and MT5 platforms. Both have been developed on android and iOS separately, taking full advantage of the functionality available on each. With raw pricing, and spreads from 0.0, the apps deliver an excellent trading tool for all levels of trader. The speed of execution synonymous with IC Markets is retained across their apps. |
|
| GBPUSD Spread | |
| 1 pip var | 0.5 pips |
| EURUSD Spread | |
| 0.5 pip var | 0.1 pips |
| EURGBP Spread | |
| 1 pip var | 0.5 pips |
| Assets | |
| 45+ | 56+ |
| Cryptocurrency | |
| Trade with 1:2 leverage on 25+ crypto pairs with zero commission and access to the powerful MT5 platform. | IC Markets offer a diverse range of cryptos, with super small spreads. They also offer many cryptocurrencies not available elsewhere, without the need of a virtual wallet. |
| Spread | |
| BTC 2%, ETH 3% | BTC 0.4%, ETH 1% |
| Coins | |
|
|
| 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 |
|
|
|
| More Comparisons | |
|
Binary.com vs |
IC Markets vs |