Your capital is at risk. Trade only with funds you can afford to lose.
Exness
Doesn't accept traders from Croatia. See available CFD brokers
Not available in your countryRead Exness review
Rating breakdown
- Regulation & trust4.11.6 higher than Binomo (2.5)
- Assets & markets4.01.2 higher than Binomo (2.8)
- Fees & costs4.01.2 higher than Binomo (2.8)
- Platforms & tools3.90.9 higher than Binomo (3.0)
- Accounts & banking4.41.4 higher than Binomo (3.0)
- Education3.30.2 lower than Binomo (3.5)
- Research4.32.3 higher than Binomo (2.0)
- Customer support4.51.7 higher than Binomo (2.8)
Binomo’s score. Numbers show the difference.
Binomo
Doesn't accept traders from Croatia. See available binary options brokers
Not available in your countryRead Binomo review
Rating breakdown
- Regulation & trust2.51.6 lower than Exness (4.1)
- Assets & markets2.81.2 lower than Exness (4.0)
- Fees & costs2.81.2 lower than Exness (4.0)
- Platforms & tools3.00.9 lower than Exness (3.9)
- Accounts & banking3.01.4 lower than Exness (4.4)
- Education3.50.2 higher than Exness (3.3)
- Research2.02.3 lower than Exness (4.3)
- Customer support2.81.7 lower than Exness (4.5)
Exness’s score. Numbers show the difference.
| Exness | Binomo | |
|---|---|---|
| Overview | Established in 2008, Exness has maintained its position as a highly respected broker, standing out with its industry-leading range of 40+ account currencies, growing selection of CFD instruments, and intuitive web platform complete with useful extras like currency convertors and trading calculators. | Binomo is a binary options broker that offers trading on forex, stocks and indices via high/low contracts on a simple web-based platform with payouts up to 90% and reliable service. The firm was launched in 2014 and is based offshore. |
| Customer Reviews | Based on 2 customer reviews | – |
| Trustpilot Score | – | |
| Comment by Reviewer | “After slashing its spreads, improving its execution speeds and support trading on over 100 currency pairs with more than 40 account currencies to choose from, Exness is a fantastic option for active forex traders looking to minimize trading costs.” | “Binomo is a strong choice for active traders interested in making short-term binary trades, of up to 1 hour, on popular markets. With over 100+ payment methods from various regions, a $10 minimum deposit, plus a free demo account, it’s a good fit for traders with less starting capital.” |
| Pros |
|
|
| Cons |
|
|
| Awards |
| – |
| Instruments | CFDs on Forex, Stocks, Indices, Commodities, Crypto | Fixed Time Trades |
| Demo Account | Yes | Yes |
| Minimum Deposit | $10 (varies by account and payment method) | $10 |
| Trading Platforms |
|
|
| Payment Methods | Visa, Mastercard, JCB, Wire Transfer, Bitcoin, USDT, USDC, Netteller, Skrill, Perfect Money, Sticpay, Webmoney, BinancePay, local payment systems based on countries | |
| Minimum Trade | 0.01 Lots | $1 |
| Regulator | FSCA, CMA-Kenya, FSA, CBCS, BVIFSC, FSC, JSC, FCA (B2B only), CySEC (B2B only) | – |
| Margin Trading | Yes | No |
| STP Account | Yes | No |
| ECN Account | Yes | 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 | Yes | No |
| Market Maker | Yes | No |
| P2P Trading | No | No |
| Spot Trading | No | No |
| Mobile Apps | iOS & Android | iOS & Android (plus APK) |
| App Review | Exness Trade offers the complete mobile trading experience, delivering the broker's fast execution speeds, hundreds of tradable CFDs and user-friendly, TradingView-powered charts right from your palm. Downloaded more than 10 million times, it's an excellent option for active traders looking to manage their accounts and capitalize on market opportunities on the move. | 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 | ||
| iOS App Rating | ||
| Auto Trading | Expert Advisors (EAs) on MetaTrader | – |
| Copy Trading | Yes | Yes |
| Copy Trading Platform | Exness supports user-friendly copy trading through a dedicated service with a huge community, as well as via MetaTrader signals, giving hands-off trader a choice of tested routes to replicate the positions of more experienced traders. | – |
| Social Trading | Yes | No |
| Trade Signals | Signals through Trading Central | Yes |
| VPS Hosting | Yes | No |
| Tournaments | No | Yes |
| Demo Competitions | No | No |
| Ethical Investing | No | No |
| Custodial Account | No | No |
| Guaranteed Stop Loss | No | No |
| Inactivity Fee | $0 | $30 |
| Islamic Account | Yes | No |
| Account Currencies |
|
|
| Stock Exchanges | ||
| Commodities | ||
| CFD Trading | ||
| Overview | Exness provides CFDs on forex, stocks, indices, commodities, and cryptos with leverage for advanced day traders and featuring over 100 technical indicators in its proprietary terminal. | CFD trading not offered |
| Leverage | 1:Unlimited (via offshore entities) | – |
| FTSE Spread | 9.8 | – |
| GBPUSD Spread | 0.6 | – |
| Oil Spread | 0.20 | – |
| Stocks Spread | 0.5 (Apple Inc.) | – |
| Forex Trading | ||
| Overview | Exness offers an impressive selection of around 100 forex pairs - more than most brokers we've evaluated - along with competitive spreads on major pairs starting as low as 0.1 pips. Additionally, traders benefit from a robust suite of forex analysis tools, including market news powered by FXStreet. | 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. |
| GBPUSD Spread | From 0.0 | N/A |
| EURUSD Spread | From 0.0 | N/A |
| EURGBP Spread | From 0.0 | N/A |
| Assets | 100+ | 19 |
| Currency Indices |
| – |
| Cryptocurrency | ||
| Overview | Exness provides a selection of popular crypto-fiat pairs with zero swap fees and no commissions on Standard accounts, accessible via desktop and mobile apps. Crypto deposits are available in certain regions, and reduced Bitcoin spreads have enhanced its appeal for active traders. | 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. |
| Spread | 10.0 (BTC/USD) | N/A |
| Coins |
|
|
| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | No | No |
| Auto Market Maker | No | No |
| Binary Options | ||
| Overview | Binary options trading not offered | 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. |
| Payout | – | 90% (99% via Dynamic Range Trading for VIPs) |
| Expiry Times | – | 1 minute - 60 minutes |
| Ladder Options | No | No |
| Boundary Options | No | Yes |
Not available in your countryRead Exness review
Not available in your countryRead Binomo review