GC Option vs Binary.com

GC Option vs Binary.com Comparison Table 2024
GC Option	Binary.com
Review 3.3	Review 4

GC Option is a binary options broker offering contracts with flexible contract lengths and payouts up to 86% on 27 instruments. This is one of the few binary options brokers to support MetaTrader 4, which it provides alongside two proprietary trading platforms.	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.
Bonus Offer
Risk Free Trading Days
Comment by Reviewer
"Binary options traders who favor the MetaTrader 4 platform should try out GC Option. The double-touch contracts and selection of expiry times offer a good range of trading opportunities."	"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."
Pros
MetaTrader 4 and proprietary WebTrader platforms Spin-off brokerage of reputable Grand Capital Low minimum deposit requirement of $10 Double-touch binaries available 30 popular trading assets No commission fees Free demo account Payouts up to 86% 24/7 live chat	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
Cons
Poor regulatory oversight reducing safety score Withdrawal fees for some payment methods Limited educational resources No binaries on stocks No copy trading	Limited regulatory oversight DTrader platform only available via web browser Narrow range of instruments vs other brokers
Awards
	Best Binary Options Broker 2019 - DayTrading.com
Instruments
Binary Options on Forex, Metals and Cryptos	CFDs, Forex, Stocks, Cryptos
Demo Account
Yes	Yes
Minimum Deposit
$10	$5
Trading Platforms
MT4 TradingView	MT5
Payment Methods
AstroPay Bitcoin Payments Credit Card Debit Card Ethereum Payments FasaPay Maestro Mastercard PayRedeem Paytrust Perfect Money Wire Transfer	Bitcoin Payments FasaPay Paysafecard Perfect Money QIWI Skrill Wire Transfer Yandex Money
Minimum Trade
$1	$1
Regulator
	MGA, SC
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, Android + Huawei	iOS, Android
App Review
Similar to most binary brands, GC Option doesn’t offer a stand-alone app. Instead, you can make short-term trades directly through mobile browsers. The mobile trading environment is average – charts are a little fiddly to use effectively. Ultimately, it’s fine for account management, but it doesn’t compete with industry frontrunners.	Deriv GO, previously the Binary.com app, offers an easy-to-use interface and various trading instruments, including 24/7 trading in both standard and unique market-simulating indices. It stands out with its fast and reliable chat support, a rare find among competitor apps, providing essential help for new traders.
Android App Rating
3	4.5
iOS App Rating
3	4.2
Auto Trading
Expert Advisors (EAs) on MetaTrader	Binary.com offer a self build robot feature to design, test and implement automated trading strategies
Copy Trading
No	No
Social Trading
No	No
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	No
Account Currencies
USD EUR INR MYR IDR NGN	USD
Commodities
Gold Silver
CFD Trading
CFD trading not offered	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.
Leverage
	1:1000
FTSE Spread
	1 pt var
GBPUSD Spread
	1 pip var
Oil Spread
	3 pips var
Forex Trading
Trade binary options on 25+ forex pairs including a range of majors and minors, as well as precious metals paired with USD. Payouts top 80% and users can analyze market movements on the hugely popular MT4 platform and app.	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.
GBPUSD Spread
Variable	1 pip var
EURUSD Spread
Variable	0.5 pip var
EURGBP Spread
Variable	1 pip var
Assets
25+	45+
Cryptocurrency
Trade popular crypto tokens using straightforward binary options products. Decide whether the price of tokens like Bitcoin will rise or fall with a minimum stake of just $1.	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.
Spread
Variable	BTC 2%, ETH 3%
Coins
BTC BCH BNB ETH ETC XMR ZEC DSH	BCH BTC ETH LTC XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
GC Option offers beginner-friendly binary options with 86% payouts and opportunities on forex, metals and cryptocurrencies. The broker stands out for its market-leading trading software and access to short-term opportunities with contracts spanning 60 seconds to 48 hours.	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.
Payout
86%	91%
Expiry Times
1 minute - 48 hours
Ladder Options
No	Yes
Boundary Options
Yes	Yes

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