OlympTrade vs Binomo
Compare OlympTrade and Binomo in this side-by-side table listing each broker’s features, platforms, instruments and much more.
| Feature | OlympTrade | Binomo |
|---|---|---|
 United States NOT accepted |
United States NOT accepted |
|
| Summary | Olymptrade was established in 2014 and now boasts over 88 million traders. With a presence in over 130 countries and support in 13 languages, the brand offers a stable platform and attractive rewards for new traders. Olymp Trade also offers fixed time trades (FTT) over a diverse range of markets. The brand is licensed offshore by the VFSC. Olymp Trade provides fixed time trades (FTT) on various markets, including OTC currencies and composite indices. FTT commissions range from 5%-10%, and trades can be as short as 5 seconds. Payouts can reach up to 93% with a $2000 deposit for 'Expert' status. CFD Trading Forex Trading Crypto Trading |
Binomo is a binary options broker providing trading in forex, stocks, and indices through high/low contracts on an easy-to-use online platform. It offers payouts up to 90% with dependable service. Established in 2014, it is based offshore. Binomo provides 24/7 binary options trading, even on weekends. Trade short-term price changes in popular markets like stocks and currencies. Enjoy competitive payouts up to 90%, with contracts starting at just 1 minute. Forex Trading Crypto Trading |
| Instruments | Forex, CFD, Stocks, Indices, Commodities, Crypto, ETFs, OTC, Fixed Time Trades | Fixed Time Trades |
| Demo Account | Yes | Yes |
| Minimum Deposit | $10 | $10 |
| Minimum Trade | $1 | $1 |
| Expiry Times | 5 seconds - 23 hours | 1 minute - 60 minutes |
| Ladder Binary Options | No | No |
| Boundary Binary Options | No | Yes |
| Payment Methods |
|
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| Regulator | VFSC | |
| Mobile Apps | Android (plus APK), iOS (plus progressive web app) | iOS & Android (plus APK) |
| Mobile Trading | The Binomo app stands out with a full set of features, including a risk-free demo account and over 30 tools for technical analysis, allowing both new and experienced traders to navigate the markets confidently. It also offers a wide range of assets in different markets and the ability to use CFDs, providing many opportunities, all while having 24/7 support access. | |
| Copy Trading | No | Yes |
| Social Trading | No | No |
| Margin Trading | No | No |
| MetaTrader 4 | No | No |
| MetaTrader 5 | No | No |
| cTrader | No | No |
| AlgoTrader | No | No |
| OmniTrader | No | No |
| TradingView | No | No |
| Autochartist | No | No |
| eSignal | No | No |
| Trading Central | No | No |
| 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 | Yes | No |
| Market Maker | Yes | No |
| P2P Trading | No | No |
| Spot Trading | No | No |
| Trade Signals | Yes | |
| VPS Hosting | No | No |
| Tournaments | No | Yes |
| Demo Competitions | No | No |
| Ethical Investing | No | No |
| Islamic Account | Yes | No |
| Account Currencies | USD | USD, EUR |
| Stock Exchanges |
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|
| Commodities |
|
|
| CFD Trading | Yes | No |
| Forex Trading | Yes | Yes |
| Forex EURUSD Spread | 1.1 | |
| Forex Assets | 30+ | 19 |
| Crypto Trading | Yes | Yes |
| Crypto Spread | Variable | |
| Crypto Coins |
|
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| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | No | No |
| Crypto Auto Market Maker | No | No |
|
United States NOT accepted |
United States NOT accepted |