Binary.com vs RoboMarkets

Binary.com vs RoboMarkets Comparison Table 2023
Binary.com Review 2023	RoboMarkets Review 2023
Review 4	Review 3 We do not recommend RoboMarkets. Customer Service performed very badly in our experience.
Traders from US not accepted See available binary options brokers	Traders from US not accepted See available CFD brokers
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.	RoboMarkets is a Cyprus-based forex, CFD and stock broker aimed at traders from Europe. The broker offers thousands of instruments across six asset classes and provides access to three leading platforms, including MetaTrader 4. With ECN pricing, Cent accounts and algorithmic trading tools, RoboMarkets caters to a range of trading strategies and investing styles.
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."	"RoboMarkets will appeal to traders from the EU and UK. A wide range of accounts and funding options alongside 12,000+ assets make it suitable for both beginners and experienced traders."
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	Wide selection of flexible and fee-free payment methods, including bank cards and e-wallets in multiple currencies Remote VPS server with 24/7 high-speed connection, ideal for traders using Expert Advisors Raw ECN spreads from 0 pips alongside low to zero commissions on popular markets Reputable CySEC license means traders receive excellent fund safety measures Trading platforms will suit a range of strategies such as scalping and algo trading No inactivity fee or account maintenance charges Automated dividend payments Fractional stock trading
Cons
Limited regulatory oversight DTrader platform only available via web browser Narrow range of instruments vs other brokers	European traders only Very weak customer support Withdrawal fees apply to various methods Small selection of educational materials compared to other brokers
Awards
Best Binary Options Broker 2019 - DayTrading.com	Safest European Broker - London Trader Show Awards Best Mobile Trading Platform - Professional Trader Awards Best ECN Broker (Europe) - Global Brands Magazine Awards Most Trusted European Broker - Global Forex Awards Retail Best Indices Broker - International Business Magazine Awards
Instruments
Stocks, CFD, Forex, Crypto, Binary Options	Forex, CFDs, indices, shares, commodities, ETFs
Demo Account
Yes	Yes
Minimum Deposit
$5	$100
Trading Platforms
MT5	MT4 MT5
Payment Methods
Bitcoin Payments FasaPay Paysafecard Perfect Money QIWI Skrill Wire Transfer Yandex Money	Boleto Credit Card ecoPayz FasaPay Giropay Mastercard Neteller PayPal Rapid Transfer Skrill Visa WebMoney Wire Transfer
Minimum Trade
$1	0.01 Lots
Regulator
MGA, SC	CySEC
Margin Trading
No	Yes
STP Account
No	Yes
ECN Account
No	Yes
DMA Account
No	No
MAM Account
No	Yes
PAMM Account
No	No
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	No
Mobile Apps
iOS, Android	iOS & Android
Auto Trading
Binary.com offer a self build robot feature to design, test and implement automated trading strategies	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	Yes
Copy Trading Platform
	RoboMarkets offers a bespoke copy trading service - CopyFX. Clients can use the broker's leaderboard to pick traders and strategies to follow.
Social Trading
No	Yes
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	Yes
Account Currencies
USD	USD EUR GBP CHF PLN CZK
Stock Exchanges
	Deutsche Boerse IBEX 35 Japan Exchange Group New York Stock Exchange
Commodities
	Gold Natural Gas Silver
CFD Trading
Deriv's CFD offering includes 38 forex pairs, 58 stocks, seven indices, 31 crypto pairs and 16 indices, with variable leverage up to 1:30 and tight spreads. The broker also offers CFDs on four synthetic indices, which allow 24/7 trading on customisable levels of volatility, and they are not available elsewhere.	Trade all markets via CFDs, with retail leverage up to 1:30. With the RStocks Trader account, clients can access over 12,000 CFDs with algorithmic analysis tools and intuitive charts.
Leverage
1:1000	1:30 (Retail), 1:300 (Pro)
FTSE Spread
1 pt var	0.5
GBPUSD Spread
1 pip var	2.0
Oil Spread
3 pips var	4.4
Stocks Spread
	Variable
Forex Trading
Deriv traders can speculate on 38 major and minor pairs via CFDs on MT4 or 14 majors with the broker's 'multiplier' derivatives via the proprietary trading terminal. This is a decent range of currencies compared to many alternatives.	Start trading on dozens of currencies at RoboMarkets with powerful analysis tools and pattern recognition technology. 35+ currency pairs are available with tight spreads from 0 pips and rapid market execution. You can also utilise the broker's forex news alerts and economic calendar.
GBPUSD Spread
1 pip var	2.0
EURUSD Spread
0.5 pip var	1.4
EURGBP Spread
1 pip var	1.6
Assets
45+	35+
Cryptocurrency
Deriv's 31 crypto CFDs are traded in pairs with USD and leverage up to 1:2. Multipliers are available on the BTC/USD and ETH/USD pairs. We like that crypto traders also get access to the powerful MT5 platform.	Crypto trading not offered
Spread
BTC 2%, ETH 3%	Variable
Coins
BCH BTC ETH LTC XRP	ADA ATOM BNB BTC DOT ETH LUNA MANA 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

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