TP Global FX vs Binary.com
| TP Global FX | Binary.com |
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TP Global FX has closed.
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 Traders from US not accepted
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Traders from US not accepted
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TP Global FX is an offshore broker with a strong focus on education and technical analysis tools. It offers STP pricing and up to 1:500 leverage on 50+ forex pairs and a smaller range of stocks, indices, commodities and cryptocurrencies. The broker supports the MetaTrader 4 and MetaTrader 5 platforms and offers additional services including copy trading and an informative daily blog. |
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 | |
| Seasonal Bonuses | |
| Comment by Reviewer | |
| "TP Global FX will suit forex traders who value true STP pricing, good educational resources and copy trading." | "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 | |
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| Cons | |
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| Awards | |
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| Instruments | |
| Forex, CFDs, indices, commodities, cryptocurrencies | Stocks, CFD, Forex, Crypto, Binary Options |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $200 | $5 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | $1 |
| Regulator | |
| SVGFSA, VFSC, CAMA | MGA, SC |
| Margin Trading | |
| Yes | No |
| STP Account | |
| Yes | 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 |
| 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 | |
| Yes | No |
| Copy Trading Platform | |
| Follow and copy multiple professional traders using performance analytics and market signals at TP Global FX. | |
| Social Trading | |
| Yes | No |
| Trade Signals | |
| Yes | |
| VPS Hosting | |
| No | No |
| Tournaments | |
| Yes | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Islamic Account | |
| Yes | No |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| TP Global FX clients can trade CFDs on forex as well as around 12 stocks, 12 indices, five cryptocurrencies and commodities including gold, silver oil and gas. CFDs trade with up to 1:500 leverage on the hugely popular and reliable MT4 and MT5 platforms. | 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 | |
| 1:500 | 1:1000 |
| FTSE Spread | |
| Not offered | 1 pt var |
| GBPUSD Spread | |
| From 0.2 pips | 1 pip var |
| Oil Spread | |
| From 0.2 pips | 3 pips var |
| Stocks Spread | |
| From 0.2 points | |
| Forex Trading | |
| TP Global FX offers trading on 50+ forex pairs with a good selection of minors and exotics as well as the majors. The broker offers fast 30ms execution speeds with a Straight-Through Processing system. Very tight spreads starting from 0.2 are available on pro accounts, while standard commission-free account spreads start from 1.2. | 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 | |
| From 0.2 pips | 1 pip var |
| EURUSD Spread | |
| From 0.2 pips | 0.5 pip var |
| EURGBP Spread | |
| From 0.2 pips | 1 pip var |
| Assets | |
| 50+ | 45+ |
| Cryptocurrency | |
| TP Global FX offers CFDs on five cryptocurrencies paired with USD. Spreads are lower than many alternatives and users can trade crypto 24/7 without interruption. | 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 | |
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| 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 |
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TP Global FX has closed.
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