Interactive Brokers vs Binary.com

Interactive Brokers vs Binary.com Comparison Table 2023
Interactive Brokers Binary.com
4.3

Interactive Brokers is #12 in our CFD broker rankings.

4
United States Flag Traders from US accepted
United States Flag 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
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
Commodities
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
More Comparisons
Interactive Brokers
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Binary.com
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