Binomo vs Binarium

Binomo vs Binarium Comparison Table 2023
Binomo Binarium
3.4
2.6

Binarium is #8 in our binary options broker rankings.

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

Binomo is a beginner-friendly binary options broker that offers trading on forex, stocks and indices via high/low binary options on a simple web-based platform with payouts up to 90% and reliable service. The firm was launched in 2012 and is based offshore.

Binarium is an established international broker offering binary options trading on diverse markets including stocks, indices, forex, commodities and cryptocurrencies. Traders can start trading with as little as $1 and earn payouts up to 80% of their stake.

Comment by Reviewer
"Traders who enjoy straightforward, fast-paced trading on forex and stocks should check out Binomo's short-term binary options. The intuitive platform and joining requirements make the brand particularly attractive for newer traders." "Binarium is a good binary options broker for traders looking for an experienced brand with low deposit requirements and a welcome bonus."
Pros
  • Custom-designed platform that works quickly on mobile devices
  • Demo account available to all with no restrictions
  • Low minimum trade value from $1
  • Competitive payouts up to 90%
  • Thousands of daily traders
  • Low minimum deposit of $10
  • Clear tiered account system
  • Segregated client funds
  • Promotions including 100% welcome bonus and trading tournaments
  • Flexible payment methods and account currencies, including support for crypto payments
  • Community forum platform
  • Enhanced educational features
  • Demo account with virtual funds
  • Low minimum deposit requirements
Cons
  • Contract expiry times of 1 minute to 1 hour are very short term for many traders
  • Limited extra features with no copy trading
  • Small selection of tradeable instruments
  • Weak regulatory oversight
  • Unregulated
  • Limited trading instruments
  • Limited information on broker’s website
  • No industry established trading terminals
  • Lower payouts than other binary options brokers
  • Specific bonus terms and conditions to meet before being able to withdraw funds
Instruments
Fixed Time Trades Stocks, Forex, Crypto, Binary Options
Demo Account
Yes Yes
Minimum Deposit
$10 $5
Trading Platforms
  • Own
  • Own
Payment Methods
Minimum Trade
$1 $1
Margin Trading
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 and Android iOS & Android
Auto Trading
BinomoBot tracks 12 moving and 5 technical indicators and can be set up in than 3 minutes.
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes 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
Inactivity Fee
$30
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • USD
  • EUR
  • AUD
  • RUB
Stock Exchanges
Commodities
Forex Trading
Binomo offers a competitive suit of currencies from majors like EUR/USD to exotics like EUR/MXN. But with contracts spanning 1 minute to 1 hour, the broker is best for short-term forex binary options traders. Trade 20 forex pairs, including majors like EUR/GBP and USD/GBP as well as minor pairs. On the downside, this isn't the most varied selection of currencies available.
GBPUSD Spread
N/A N/A
EURUSD Spread
N/A N/A
EURGBP Spread
N/A N/A
Assets
19 20
Cryptocurrency
Binomo offers 24/7 fixed time trades on a few major cryptos, including Bitcoin. However this is significantly less than alternatives like Focus Option which offers more than 80 digital tokens. Trade binary options on three Bitcoin pairs – BTC/USD, BTC/GBP and BTC/EUR – with flexible contract lengths. Simply bet whether the price of the asset will rise or fall.
Spread
N/A N/A
Coins
  • BTC
  • LTC
  • BCH
  • ADA
  • BTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Binomo offers binary options trading around the clock, including the weekends. You can speculate on the short-term price movements of popular markets, from stocks to currencies. Payouts are competitive climbing to 90% and contracts start from just 1 minute. Binarium is an experienced binary options broker offering access to a range of financial markets with a proprietary, sleek platform. New users can claim a welcome bonus up to $1,500 or practice in the demo account with $10,000.
Payout
90% 80%
Expiry Times
1 minute - 60 minutes
Ladder Options
No No
Boundary Options
Yes No
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