Moomoo vs Binarium

Moomoo vs Binarium Comparison Table 2024
Moomoo Binarium
3.8

Moomoo is #11 in our broker rankings.

2.6

Binarium is #6 in our binary options broker rankings.

United States Flag Traders from US accepted
United States Flag Traders from US accepted

Moomoo is an SEC-regulated app-based investment platform that offers a straightforward and affordable way to invest in Chinese, Hong Kong, Singaporean, Australian and US stocks, ETFs and other assets. Margin trading is available and the brand offers a zero-deposit account as well as several bonuses.

Binarium is an established international broker offering binary options trading on diverse markets including stocks, indices, forex, commodities and cryptocurrencies. Traders can start trading with as little as $1 and earn payouts up to 80% of their stake.

Customer Reviews
3.5
Bonus Offer
Get up to 15 free stocks worth up to $2000
Comment by Reviewer
"Moomoo remains an excellent choice for new and intermediate stock traders who want to build a diverse investment portfolio. What really stands out is the broker's user-friendly app and the low trading fees." "Binarium is a good binary options broker for traders looking for an experienced brand with low deposit requirements and a welcome bonus."
Pros
  • It is reassuring that Moomoo holds licenses with the US Securities and Exchange Commission (SEC) and the Monetary Authority of Singapore (MAS), among others
  • Moomoo is a Member of FINRA and the Securities Investor Protection Corporation (SIPC), adding another level of security for prospective clients
  • The ‘Moomoo Token’ generates dynamic passwords for transaction security - a unique and helpful safety feature
  • Moomoo's analytics and insights are impressive and detailed compared to other brands
  • There is no minimum deposit requirement making the broker accessible for beginners
  • The broker offers access to extended pre-market trading hours
  • There are reduced options contract fees from $0.65 to $0
  • Segregated client funds
  • Promotions including 100% welcome bonus and trading tournaments
  • Flexible payment methods and account currencies, including support for crypto payments
  • Community forum platform
  • Enhanced educational features
  • Demo account with virtual funds
  • Low minimum deposit requirements
Cons
  • There is no negative balance protection, which is a common safety feature at top-tier-regulated brokers
  • It's a shame that there is no 2 factor authentication (2FA), despite the other security features on offer
  • There is no phone or live chat support - common options at most other brokers
  • Unregulated
  • Limited trading instruments
  • Limited information on broker’s website
  • No industry established trading terminals
  • Lower payouts than other binary options brokers
  • Specific bonus terms and conditions to meet before being able to withdraw funds
Awards
  • Best Trading Platform 2022 - Fintech Breakthrough
  • Best Active Trading App 2021 - Investing Simple
  • Best Trading Technology 2021 - Benzinga
  • Best Online Stock Brokers 2021 - Benzinga
Instruments
Stocks, Options, ETFs, ADRs, OTCs Forex, Stocks, Cryptos
Demo Account
Yes Yes
Minimum Deposit
$0 $5
Trading Platforms
  • Desktop Platform
  • Mobile App
  • Own
Payment Methods
Minimum Trade
$0 $1
Regulator
SEC, FINRA, MAS, ASIC, SFC
Margin Trading
Yes No
Margin Rate
6.8
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
Yes No
Mobile Apps
Yes (iOS & Android) iOS & Android
App Review

Binarium offers a mobile app that should provide an optimal trading experience on the go. However, we’ve observed worrying complaints of deposits not showing in account balances despite multiple requests to the support team. So, despite a very modern interface and capable charting tools, it trails industry leaders.

Android App Rating
3.3
3.3
iOS App Rating
4.6
1.3
Copy Trading
No No
Social Trading
No No
Trade Signals
None 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
Inactivity Fee
$0
Islamic Account
No No
Account Currencies
  • USD
  • HKD
  • SGD
  • USD
  • EUR
  • AUD
  • RUB
Stock Exchanges
Forex Trading
Forex trading not offered Trade 20 forex pairs, including majors like EUR/GBP and USD/GBP as well as minor pairs. On the downside, this isn't the most varied selection of currencies available.
GBPUSD Spread
N/A
EURUSD Spread
N/A
EURGBP Spread
N/A
Assets
20
Cryptocurrency
Crypto trading not offered Trade binary options on three Bitcoin pairs – BTC/USD, BTC/GBP and BTC/EUR – with flexible contract lengths. Simply bet whether the price of the asset will rise or fall.
Spread
N/A
Coins
  • BTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Binary options trading not offered Binarium is an experienced binary options broker offering access to a range of financial markets with a proprietary, sleek platform. New users can claim a welcome bonus up to $1,500 or practice in the demo account with $10,000.
Payout
80%
Ladder Options
No No
Boundary Options
No No
More Comparisons
Moomoo
vs
Binarium
vs