Trade.com vs Binomo

Trade.com vs Binomo Comparison Table 2024
Trade.com	Binomo
Review 3.7	Review 3.4

Trade.com is a trustworthy online broker with a global presence. The broker offers 2,100+ CFDs in major markets, as well as futures, options and more. The broker offers best-in-class platforms and superior analysis tools for experienced traders. The broker is also regulated by top-tier authorities including the FCA and CySEC.	Binomo is a beginner-friendly binary options broker that offers trading on forex, stocks and indices via high/low binary options on a simple web-based platform with payouts up to 90% and reliable service. The firm was launched in 2012 and is based offshore.
% of retail CFD accounts lose money.
Comment by Reviewer
"Trade.com is a top pick for experienced investors looking for diverse markets, including IPOs and bonds with competitive DMA pricing."	"Traders who enjoy straightforward, fast-paced trading on forex and stocks should check out Binomo's short-term binary options. The intuitive platform and joining requirements make the brand particularly attractive for newer traders."
Pros
Low starting deposit Free demo account for new traders DMA investing with low trading fees Full range of investments including CFDs and spread betting Advanced trading platform with a suite of analysis tools and order types Support for the market-leading MetaTrader 4 platform and mobile apps	Custom-designed platform that works quickly on mobile devices Demo account available to all with no restrictions Low minimum trade value from $1 Competitive payouts up to 90% Thousands of daily traders Low minimum deposit of $10 Clear tiered account system
Cons
No bonuses for EU residents Copy trading withdrawn	Contract expiry times of 1 minute to 1 hour are very short term for many traders Limited extra features with no copy trading Small selection of tradeable instruments Weak regulatory oversight
Instruments
Forex, CFDs, Indices, Shares, Commodities, ETFs, Bonds, Cryptos, Warrants, IPOs, Futures, Mutual Funds, Fixed Income, Options	Fixed Time Trades
Demo Account
Yes	Yes
Minimum Deposit
$100	$10
Trading Platforms
MT4 MT5 TradingView TradingCentral	Own
Payment Methods
Credit Card Giropay iDeal Mastercard Neteller PayPal SafeCharge Skrill Sofort Trustly Visa Wire Transfer	Cashu Credit Card Doku Wallet JCB Card JetonCash Mastercard Perfect Money Skrill
Minimum Trade
0.01 Lots	$1
Regulator
FCA, CySEC, FSC, FSCA, FINRA
Margin Trading
Yes	No
STP Account
No	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
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
iOS & Android	iOS and Android
App Review
	The Binomo app distinguishes itself by offering a comprehensive toolkit, including a risk-free demo account and over 30 analytical tools for technical analysis, ensuring newcomers and seasoned traders can confidently navigate the markets. Moreover, its diverse asset offerings across various markets, coupled with the opportunity to leverage CFDs provides a range of opportunties, all while having access to 24/7 support.
Android App Rating
	4.7
iOS App Rating
	4.6
Auto Trading
Expert Advisors (EAs) on MetaTrader	BinomoBot tracks 12 moving and 5 technical indicators and can be set up in than 3 minutes.
Copy Trading
No	No
Social Trading
No	No
Trade Signals
Yes (MT4 & MT5)	Yes
VPS Hosting
Yes	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
Yes	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$25	$30
Islamic Account
No	No
Account Currencies
USD EUR GBP	USD EUR
Stock Exchanges
Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Euronext FTSE UK Index IBEX 35 Japan Exchange Group Nasdaq S&P 500 SIX Swiss Exchange	Dow Jones Nasdaq New York Stock Exchange
Commodities
Cocoa Coffee Copper Corn Cotton Gold Natural Gas Oil Palladium Platinum Silver Sugar Wheat	Gold Oil Silver
CFD Trading
Access over 2,000 CFDs across diverse markets including indices, commodities and bonds. There is also premium daily analysis and strategy resources for savvy traders.	CFD trading not offered
Leverage
1:30 (EU), 1:300 (Global)
FTSE Spread
1.4
GBPUSD Spread
0.8
Oil Spread
2.0
Stocks Spread
Variable
Forex Trading
As well as a competitive selection of 55+ forex pairs, traders can access high leverage up to 1:300. You can also enjoy advanced analysis from Trading Central with easy integration into MetaTrader 4.	Binomo offers a competitive suit of currencies from majors like EUR/USD to exotics like EUR/MXN. But with contracts spanning 1 minute to 1 hour, the broker is best for short-term forex binary options traders.
GBPUSD Spread
0.8	N/A
EURUSD Spread
0.8	N/A
EURGBP Spread
1.6	N/A
Assets
55+	19
Cryptocurrency
Over 10 of the most popular cryptos are available with leverage of 1:2. With just a $100 minimum deposit, traders can benefit from advanced crypto analysis tools.	Binomo offers 24/7 fixed time trades on a few major cryptos, including Bitcoin. However this is significantly less than alternatives like Focus Option which offers more than 80 digital tokens.
Spread
Raw spread + 0.5% commission	N/A
Coins
BTC BCH DSH ETH LTC XRP DOT EOS LINK XLM	BTC LTC BCH ADA
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
Binary options trading not offered	Binomo offers binary options trading around the clock, including the weekends. You can speculate on the short-term price movements of popular markets, from stocks to currencies. Payouts are competitive climbing to 90% and contracts start from just 1 minute.
Payout
	90%
Expiry Times
	1 minute - 60 minutes
Ladder Options
No	No
Boundary Options
No	Yes

Review	Review
% of retail CFD accounts lose money.
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