Binary.com vs IG Group
Binary.com | IG Group |
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4
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4.4
IG Group is #2 in our CFD broker rankings. |
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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. |
IG is an award-winning broker that has an excellent reputation globally. The brand-US offers spread betting, CFD and forex trading across a comprehensive suite of markets. IG is also multi-regulated, provides a great trading app and has 50 years experience. |
Forex trading involves risk. Losses can exceed deposits | |
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." | "IG offers a superb all-round package. Beginners will appreciate the user-friendly web platform and secure trading environment while established investors will rate the 18,000+ markets and top-tier market research." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Stocks, CFD, Forex, Crypto, Binary Options | Forex, ETFs, CFDs, indices, shares, commodities, cryptocurrencies, options, futures, spread betting |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$5 | £250 |
Payment Methods | |
Minimum Trade | |
$1 | 0.1 lots |
Regulator | |
MGA, SC | FCA, ASIC, MAS, FSCA, JFSA, FMA, CFTC, NFA, BMA, DFSA, FINMA, BaFin |
Margin Trading | |
No | Yes |
MetaTrader 4 | |
Yes | Yes |
MetaTrader 5 | |
Yes | No |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
No | No |
Autochartist | |
No | Yes |
eSignal | |
No | No |
Trading Central | |
No | Yes |
STP Account | |
No | No |
ECN Account | |
No | No |
DMA Account | |
No | Yes |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | Yes |
Negative Balance Protection | |
No | Yes |
Market Maker | |
No | Yes |
P2P Trading | |
No | No |
Spot Trading | |
No | Yes |
Mobile Apps | |
iOS, Android | iOS & Android |
Auto Trading | |
Binary.com offer a self build robot feature to design, test and implement automated trading strategies | Yes |
Copy Trading | |
No | No |
Social Trading | |
No | No |
Trade Signals | |
Yes | |
VPS Hosting | |
No | Yes |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | Yes |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | Yes |
Islamic Account | |
No | No |
Account Currencies | |
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Stock Exchanges | |
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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. | IG offers an impressive suite of 18,000+ CFD instruments. Negative balance protection ensures accounts cannot drop below zero while custom price alerts and the IG Academy enhance the trading experience. |
Leverage | |
1:1000 | 1:30 |
FTSE Spread | |
1 pt var | 1.0 pt |
GBPUSD Spread | |
1 pip var | from 0.589 pips |
Oil Spread | |
3 pips var | 2.8 pips |
Stocks Spread | |
Variable | |
Forex Trading | |
Binary.com deliver advanced forex trading via the MetaTrader 5 platform and flexible account options. | IG offers currency trading on its award-winning web platform and mobile app. Comprehensive charts and forex analysis tools are also available through ProRealTime. |
Forex App | |
IG offers a superb all-round trading app. One of the pioneers of mobile trading, the application has been developed and refined over many years, meaning it is now among the best trading apps. Quick response, user friendly layout, access to full charting and a stable and reliable application. Top marks. |
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GBPUSD Spread | |
1 pip var | from 0.589 pips |
EURUSD Spread | |
0.5 pip var | from 0.165 pips |
EURGBP Spread | |
1 pip var | from 0.540 pips |
Assets | |
45+ | 90+ |
Currency Indices | |
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Cryptocurrency | |
Trade with 1:2 leverage on 25+ crypto pairs with zero commission and access to the powerful MT5 platform. | 11 popular cryptos are available, plus two crypto crosses. A crypto index is also offered, following the value of the top 10 digital currencies by market cap. All cryptos are available via CFDs. |
Spread | |
BTC 2%, ETH 3% | Variable |
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 | Yes |
Boundary Options | |
Yes | No |
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Forex trading involves risk. Losses can exceed deposits | |
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