Binary.com vs Plus500

Binary.com vs Plus500 Comparison Table 2023
Binary.com	Plus500
Review 4	Review 4.1
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.	Plus500 is a leading global broker with millions of registered traders and multiple awards. The company specializes in CFDs on its intuitive, proprietary platform and app. The broker also has a high safety rating with licenses from reputable regulators, including in the UK, Europe and Australia.
	79% of retail CFD accounts lose money.
Pros
Access to a range of interesting markets, including Deriv's proprietary synthetic indices which are derived from simulated markets Strong global reputation with decades of experience in the trading industry Beginners can practise strategies in the demo account with unlimited virtual funds Instant deposit methods with minimum funding as low as $5 Variety of risk management tools including trading limits and self-exclusion protocols Responsive 24/7 customer support via live chat, telephone, email or WhatsApp Sign up for a CFD or Multiplier account in minutes	No commissions and tight spreads on over 2,800 instruments across forex, shares, indices, commodities, options and ETFs Premium service for professional traders with added benefits including external webinars, expert analysis and a dedicated client manager ESG investing opportunities through a range of equities and indices, including the Global Warming Reduction Index Unique +Insights feature offering real-time trading analysis to uncover trends and market sentiment Excellent reputation with 24 million clients worldwide and licensed in multiple jurisdictions Reliable 24/7 customer support via email, telephone, live chat and WhatsApp Excellent risk management tools including guaranteed stop loss orders Authorized by tier-one regulators including the FCA
Cons
Limited regulatory oversight DTrader platform only available via web browser Narrow range of instruments vs other brokers	No MetaTrader 4 integration $10 monthly inactivity fee No copy trading
Awards
Best Binary Options Broker 2019 - DayTrading.com	Best Overall Broker 2021 - DayTrading.com Best Overall Broker 2020 - DayTrading.com Best Overall Broker 2019 - DayTrading.com
Instruments
Stocks, CFD, Forex, Crypto, Binary Options	CFDs (forex, commodities, ETFs, options, etc.), Shares, Futures
Demo Account
Yes	Yes
Minimum Deposit
$5	$100
Payment Methods
Bitcoin Payments FasaPay Paysafecard Perfect Money QIWI Skrill Wire Transfer Yandex Money	Apple Pay Credit Card Debit Card Google Wallet Mastercard PayPal POLi Skrill Swift Trustly Visa Wire Transfer
Minimum Trade
$1	Varies by asset
Regulator
MGA, SC	FCA, MAS, CySEC, ASIC, FSA, FSCA, FMA, DFSA, EFSA
Margin Trading
No	Yes
MetaTrader 4
Yes	No
MetaTrader 5
Yes	No
cTrader
No	No
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	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	Yes
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
No	No
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
Copy Trading
No	No
Social Trading
No	No
VPS Hosting
No	No
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
USD	USD EUR GBP AUD ZAR CZK
Stock Exchanges
	Australian Securities Exchange Borsa Italiana Deutsche Boerse Euronext London Stock Exchange SIX Swiss Exchange
Commodities
	Aluminium Cocoa Coffee Cannabis Copper Corn Cotton Gasoline Gold Lithium Livestock Oil Platinum Silver Soybeans Steel Sugar
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.	Commission-free CFDs span an excellent range of markets. Traders can go long or short on popular assets with flexible leverage and competitive spreads.
Leverage
1:1000	1:30
FTSE Spread
1 pt var	Variable
GBPUSD Spread
1 pip var	Variable
Oil Spread
3 pips var	Variable
Stocks Spread
	Variable
Forex Trading
Binary.com deliver advanced forex trading via the MetaTrader 5 platform and flexible account options.	Plus500 offers forex trading via CFDs with tight, variable spreads and an impressive range of over 70 currency pairs.
Forex App
	Plus500 have developed their mobile apps to match the WebTrader online platform . Secure, reliable and uncomplicated, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here.
GBPUSD Spread
1 pip var	Variable
EURUSD Spread
0.5 pip var	Variable
EURGBP Spread
1 pip var	Variable
Assets
45+	70+
Cryptocurrency
Trade with 1:2 leverage on 25+ crypto pairs with zero commission and access to the powerful MT5 platform.	Crypto trading not offered
Spread
BTC 2%, ETH 3%	Variable
Coins
BCH BTC ETH LTC XRP	BCH BTC ETH LTC XRP IOTA NEO EOS XMR
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

Review	Review
	79% of retail CFD accounts lose money.
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