Interactive Brokers vs Binary.com

Interactive Brokers vs Binary.com Comparison Table 2023
Interactive Brokers	Binary.com
Review 4.3 Interactive Brokers is #12 in our CFD broker rankings.	Review 4
Traders from US accepted	Traders from US not accepted
IB Boast a huge market share of global trading. With a minimum deposit of $10,000 however, they remain an option for larger traders only.	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.
Comment by Reviewer
	"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
	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
	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
Stocks, Futures, E-minis, Options, CFD, Forex, Crypto, Exchange Linked Warrants	Stocks, CFD, Forex, Crypto, Binary Options
Demo Account
Yes	Yes
Minimum Deposit
$10000	$5
Payment Methods
ACH Transfer Apple Pay Automated Customer Account Transfer Service Cheque Credit Card Google Wallet JCB Card Mastercard Payoneer Samsung Pay Wire Transfer	Bitcoin Payments FasaPay Paysafecard Perfect Money QIWI Skrill Wire Transfer Yandex Money
Minimum Trade
$100	$1
Regulator
SEC, FCA, IIROC, SFC	MGA, SC
Margin Trading
Yes	No
Margin Rate
1.55 - 2.59%
MetaTrader 4
No	Yes
MetaTrader 5
No	Yes
cTrader
No	No
AlgoTrader
Yes	No
OmniTrader
Yes	No
TradingView
No	No
Autochartist
No	No
eSignal
Yes	No
Trading Central
Yes	No
STP Account
Yes	No
ECN Account
No	No
DMA Account
Yes	No
MAM Account
Yes	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
Yes	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
iOS, Android and Windows	iOS, Android
Auto Trading
	Binary.com offer a self build robot feature to design, test and implement automated trading strategies
Copy Trading
No	No
Social Trading
No	No
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
0
Islamic Account
No	No
Account Currencies
USD EUR GBP CAD AUD INR JPY SEK NOK DKK CHF HUF	USD
Stock Exchanges
Borsa Italiana CAC 40 Index France Chicago Mercantile Exchange Euronext IBEX 35 Japan Exchange Group Korean Stock Exchange London Metal Exchange London Stock Exchange Nasdaq Nasdaq Nordic & Baltics New York Stock Exchange Russell 2000 Shenzhen Stock Exchange Toronto Stock Exchange
Commodities
Aluminium Gold Lead Natural Gas Precious Metals Soybeans Zinc
CFD Trading
	Trade CFDs with tight spreads on key markets as well as the broker's 24/7 synthetic indices, which are not available elsewhere.
Leverage
1:50	1:1000
FTSE Spread
0.005% (£1 Min)	1 pt var
GBPUSD Spread
Commission (.20 pts x trade value)	1 pip var
Oil Spread
N/A	3 pips var
Stocks Spread
From 0.003 per share, variable
Forex Trading
	Binary.com deliver advanced forex trading via the MetaTrader 5 platform and flexible account options.
GBPUSD Spread
Commission (.20 pts x trade value)	1 pip var
EURUSD Spread
Commission (.20 pts x trade value)	0.5 pip var
EURGBP Spread
Commission (.20 pts x trade value)	1 pip var
Assets
70+	45+
Cryptocurrency
	Trade with 1:2 leverage on 25+ crypto pairs with zero commission and access to the powerful MT5 platform.
Spread
	BTC 2%, ETH 3%
Coins
BTC LTC ETH XRP	BCH BTC ETH LTC 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	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
	91%
Ladder Options
No	Yes
Boundary Options
No	Yes

Review	Review
More Comparisons
Interactive Brokers vs	Binary.com vs