Binary.com vs Questrade

Binary.com vs Questrade Comparison Table 2023
Binary.com Questrade
4
Not Yet Rated
United States Flag Traders from US not accepted
United States Flag 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.

Questrade is an online brokerage providing self-investing and trading products.

Bonus Offer
5 commission-free trades
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."
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
Cons
  • Limited regulatory oversight
  • DTrader platform only available via web browser
  • Narrow range of instruments vs other brokers
Awards
  • Best Binary Options Broker 2019 - DayTrading.com
  • #1 Investor Satisfaction 2020 - J.D. Power's Self Directed Investor Satisfaction Study
  • Seal of Service Excellence 2019 - DALBAR
Instruments
Stocks, CFD, Forex, Crypto, Binary Options Forex, CFDs, indices, shares, precious metals, mutual bonds, options, warrants, GICs, ETFs
Demo Account
Yes Yes
Minimum Deposit
$5 $1,000
Payment Methods
Minimum Trade
$1 0.01 lots
Regulator
MGA, SC IIROC
Margin Trading
No No
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 No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS, Android Yes
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
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • USD
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 in online financial markets.
Leverage
1:1000 1:3.33
FTSE Spread
1 pt var N/A
GBPUSD Spread
1 pip var 2
Oil Spread
3 pips var 0.05
Stocks Spread
1 cent per share
Forex Trading
Binary.com deliver advanced forex trading via the MetaTrader 5 platform and flexible account options. Trade on FX pairs with spreads from 0.8 pips.
GBPUSD Spread
1 pip var 2
EURUSD Spread
0.5 pip var 1.9
EURGBP Spread
1 pip var 2.1
Assets
45+ 110+
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%
Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
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
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