Binomo vs ICM Capital

Binomo vs ICM Capital Comparison Table 2024
Binomo	ICM Capital
Review 3.4	Review 2.3 ICM Markets only accept professional traders.

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.	ICM Capital is an FCA-regulated brokerage that offers professional traders multi-asset trading. Pro traders can choose between MetaTrader 4 and ICM's proprietary platform to access commission-free and tight-spread account options. ICM Capital does not accept amateur traders.
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."	"ICM Capital is best for professional traders looking for tight spreads and high leverage on forex and US stocks."
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	Hundreds of US stocks, as well as 50+ forex pairs, futures, metals and cash CFDs FCA-regulated with protection via the FSCS and Lloyd's insurance ECN spreads with deep liquidity from tier 1 banks A secure broker with a good reputation High leverage up to 1:200 Good educational tools
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	Only available to traders who qualify for a professional account Limited selection of assets beyond stocks and forex Wide spreads on the commission-free account
Awards
	Global Forex Broker of the Year 2020 - The Forex Expo Dubai Most Trusted Forex Broker Middle East 2020 - Global Forex Awards Retail Most Trusted Forex Broker 2019 - Go From Egypt Best Forex Broker 2019 - The Forex Expo Dubai Best Mobile Trading Platform 2017 - Jordan Forex Expo Best Institutional Forex Broker 2016 - MENA Forex Expo Best Customer Service Provider 2012 - Arab FX Championship Best Forex Broker 2011 - Middle East Forex and Investment Summit
Instruments
Fixed Time Trades	Forex, CFDs, stocks, commodities, futures
Demo Account
Yes	Yes
Minimum Deposit
$10	$200
Trading Platforms
Own	MT4 TradingCentral
Payment Methods
Cashu Credit Card Doku Wallet JCB Card JetonCash Mastercard Perfect Money Skrill	Credit Card Mastercard Neteller PayPal Skrill UnionPay Visa Wire Transfer
Minimum Trade
$1	0.01 Lots
Regulator
	FCA, SVGFSA
Margin Trading
No	No
STP Account
No	No
ECN Account
No	No
DMA Account
No	No
MAM Account
No	Yes
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	No
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
iOS and Android	Yes
App Review
The Binomo app distinguishes itself by offering a comprehensive toolkit, including a risk-free demo account and over 30 analytical tools for technical analysis, ensuring newcomers and seasoned traders can confidently navigate the markets. Moreover, its diverse asset offerings across various markets, coupled with the opportunity to leverage CFDs provides a range of opportunties, all while having access to 24/7 support.
Android App Rating
4.7
iOS App Rating
4.6
Auto Trading
BinomoBot tracks 12 moving and 5 technical indicators and can be set up in than 3 minutes.	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	Yes
Copy Trading Platform
	Clients of ICM Capital can use the MetaTrader 4 platform to interact with and copy the trades of other investors. Both manual and automated copy trading is available.
Social Trading
No	Yes
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	Yes
Account Currencies
USD EUR	USD EUR GBP
Stock Exchanges
Dow Jones Nasdaq New York Stock Exchange
Commodities
Gold Oil Silver	Gold Silver
CFD Trading
CFD trading not offered	Leveraged contracts for difference can be used to take positions on major financial markets with fast execution speeds. On the negative side, the suite of CFDs is narrow, with commodities and indices only.
Leverage
	1:30 (Retail), 1:200 (Pro)
FTSE Spread
	2.0
GBPUSD Spread
	1.8
Oil Spread
	2.0
Stocks Spread
	Variable
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.	A decent portfolio of currencies are available at ICM Capital. Trade majors like the EUR/SUD with spreads from 0.0 pips. You can speculate on forex using MT4 with expert advisors (EAs) supported.
GBPUSD Spread
N/A	1.8
EURUSD Spread
N/A	1.3
EURGBP Spread
N/A	1.3
Assets
19	50+
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.	Crypto trading not offered
Spread
N/A
Coins
BTC LTC BCH ADA
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.	Binary options trading not offered
Payout
90%
Expiry Times
1 minute - 60 minutes
Ladder Options
No	No
Boundary Options
Yes	No

Review	Review
More Comparisons
Binomo vs	ICM Capital vs