Binomo vs Trader’s Way

Binomo vs Trader's Way Comparison Table 2023
Binomo Trader’s Way
3.4
1.3
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Binomo is a leading short-term binary options trading platform, offering high payouts and a reliable service.

Trader's Way is an offshore broker offering highly leveraged trading on dozens of forex pairs as well as cryptocurrencies and commodities through the MetaTrader 4, MetaTrader 5 and cTrader platforms. The broker has a decade of experience serving retail traders and provides 24/7 customer support.

Bonus Offer
100% deposit bonus up to $5,000
Comment by Reviewer
"Trader's Way is best for traders interested in social investing with a low starting deposit and crypto funding solutions."
Pros
  • Tight spreads starting from zero and low commissions
  • Good selection of trading platforms including MT4
  • Social trading with MetaQuotes and FxStat
  • Decent range of 40+ currency pairs
  • Low deposit of $10 for beginners
  • High leverage up to 1:1000
  • VPS for active traders
  • Free demo account
Cons
  • Legal disputes under the State of Missouri
  • Unregulated status raises safety concerns
  • Lack of educational materials
  • Limited non-FX instruments
  • Complaints about payments
  • No US or UK clients accepted
  • Stock trading not available
Instruments
Fixed Time Trades Forex, cryptocurrencies, commodities
Demo Account
Yes Yes
Minimum Deposit
$10 $10
Payment Methods
Minimum Trade
$1 0.01 lots
Margin Trading
No No
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No Yes
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 and Android Yes
Auto Trading
Yes
Copy Trading
No Yes
Copy Trading Platform
Use market signals from experienced traders to start copy trading alongside established investors. cTrader in particular offers an easy way to start mirroring the strategies of other users.
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
Commodities
CFD Trading
CFD trading not offered CFDs are available on metals, energies and cryptocurrency pairs with varying leverage and transparent fees.
Leverage
1:1000
FTSE Spread
N/A
GBPUSD Spread
0.5
Oil Spread
0.1
Stocks Spread
N/A
Forex Trading
Forex trading not offered 42 forex pairs are available with high leverage up to 1:1000 and support for three popular and powerful trading platforms.
GBPUSD Spread
0.5
EURUSD Spread
0.5
EURGBP Spread
0.6
Assets
42
Cryptocurrency
Crypto trading not offered Traders can access nine crypto pairs including BTC/USD, ETH/USD and XRP/USD with leverage up to 1:20. However the selection is narrower than many rivals.
Spread
Floating
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • DSH
  • XMR
  • ZEC
  • ETC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Binary options trading not offered
Payout
90%
Expiry Times
1 minute - 60 minutes
Ladder Options
No No
Boundary Options
Yes No
More Comparisons
Binomo
vs
Trader's Way
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