Binary.com vs Oanda

Binary.com vs OANDA Comparison Table 2023
Binary.com OANDA
WINNER
OANDA is the better broker
4
4.5

OANDA is #1 in our broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US accepted

Binary.com are the established pioneers of binary options. The choice of the advanced trader, Binary.com offer the greatest flexibility of any binary broker. They also offer Forex and CFD via the MT5 platform.

OANDA offers 70 forex pairs with two competitive pricing models and a substantial welcome deposit bonus

OANDA Corporation is regulated by the CFTC/NFA. OANDA is a member Firm of the NFA (Member ID: 0325821). CFDs are not available to residents in the United States.
Awards
  • Best Binary Options Broker 2019 - DayTrading.com
  • Best US Broker 2023 - DayTrading.com
  • Best Trading Tools winner
  • (Online Personal Wealth Awards 2021)
  • Awarded highest overall client satisfaction
  • (Investment Trends 2021 US Leverage Trading Report, Margin Forex)
  • Awarded highest client satisfaction for mobile platform/app
  • (Investment Trends 2021 US Leverage Trading Report, Margin Forex)
  • Voted Most Popular Broker 2021
  • (TradingView Broker Awards)
  • Voted Best Forex and CFD Broker 2021
  • (TradingView Broker Awards)
Bonus
$5,000 welcome bonus with a deposit of $500
Instruments
Stocks, CFD, Forex, Crypto, Binary Options Forex
Demo Account
Yes Yes
Minimum Deposit
$5 $0
Payment Methods
Debit card (Visa or Mastercard), Automated Clearing (ACH), bank transfer deposits
Minimum Trade
$1 $0
Regulator
MGA, SC CFTC, NFA
Margin Trading
No Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No Yes
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
No No
DMA Account
No 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
No No
Market Maker
No Yes
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS, Android FxTrade, MT4
Auto Trading
Binary.com offer a self build robot feature to design, test and implement automated trading strategies EAs
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No Yes
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
  • HKD
  • SGD
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered
Leverage
1:1000 1:30 EU, 1:200 Global
FTSE Spread
1 pt var 1.0
GBPUSD Spread<
1 pip var 3.4
Oil Spread
3 pips var 3.0
Stocks Spread
Not offered
Forex Trading
Binary.com deliver advanced forex trading via the MetaTrader5 platform and 3 Account Types Take positions on major, minor and exotic currency pairs with competitive trading conditions.
Forex App

The FxTrade app is OANDA’s proprietary forex trading application. One-click trading, historical price history and straightforward account management is available. Traders can speculate on 70 major, minor and exotic currency pairs. The forex app is available to download from the Apple App Store and Google Play.

GBPUSD Spread
1 pip var 3.4
EURUSD Spread
0.5 pip var 1.6
EURGBP Spread
1 pip var 1.7
Assets
45+ 70
Cryptocurrency
Cryptocurrency Trading is available via CFDs on the MT5 binary.com platform Speculate on the world's biggest cryptos by market cap
Spread
BTC 2%, ETH 3% $100
Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • BTC
  • ETH
  • LTC
  • BCH
  • PAXG
  • LINK
  • MATIC
  • UNI
  • AAVE
  • SOL
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
OANDA Corporation is regulated by the CFTC/NFA. OANDA is a member Firm of the NFA (Member ID: 0325821). CFDs are not available to residents in the United States.
More Comparisons
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