Deriv vs Binomo

Compare Deriv and Binomo in this side-by-side table listing each broker’s features, platforms, instruments and much more.

Deriv vs Binomo Comparison Table 2024
Feature Deriv Binomo
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4.4
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3.4
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Summary

Deriv.com is a low cost, multi-asset broker with over 2.5 million global clients. With just a $5 minimum deposit, the firm offers CFDs and multipliers, alongside proprietary synthetic products which can't be found elsewhere. Deriv provides both its own in-house charting software and the hugely popular MetaTrader 5.

Deriv.com offers premium binary options on traditional and emerging financial markets with payouts up to 50,000 USD. Binaries are available 24/7, 365 days a year on a secure platform with responsive customer support.

CFD Trading
You can trade CFDs on popular markets, including the broker's exclusive synthetic indices which are available 24/7. There are plenty of charting tools available for technical traders, including over 20 indicators in the Deriv Trader platform. New users can also open an account and start trading CFDs instantly.

Forex Trading
Clients can go long or short on a string of major, minor and exotic currency pairs. Spreads on EUR/USD are competitive at 0.5 pips, only marginally trailing the 0.4-pip spreads at alternatives like Alpari. Forex CFDs are available via MT5 and multipliers on the broker's beginner-friendly DTrader.

Crypto Trading
Deriv.com continues to offer a strong selection of 30+ crypto pairs - this is more than double the range offered at our leading competitor, IQ Cent. 1:2 leverage is also available so you can magnify potential returns, and there are no commissions which is ideal for newer day traders.

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.

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.

Forex Trading
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.

Crypto Trading
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.

Bonus None None
Instruments CFDs, Multipliers, Forex, Stocks, Indices, Commodities Fixed Time Trades
Demo Account Yes Yes
Minimum Deposit $5 $10
Minimum Trade 0.01 Lots $1
Expiry Times 15 seconds to 365 days 1 minute - 60 minutes
Ladder Binary Options Yes No
Boundary Binary Options Yes Yes
Payment Methods
  • 1ForYou
  • ADVcash
  • Airtm
  • AstroPay
  • Banxa
  • Boleto
  • Credit Card
  • Diners Club
  • FasaPay
  • JCB Card
  • JetonCash
  • Maestro
  • Mastercard
  • Neteller
  • Paysafecard
  • Paytrust
  • Perfect Money
  • Skrill
  • Sticpay
  • Trustly
  • Visa
  • WebMoney
  • Wire Transfer
  • Cashu
  • Credit Card
  • Doku Wallet
  • JCB Card
  • JetonCash
  • Mastercard
  • Perfect Money
  • Skrill
Regulator MFSA, LFSA, VFSC, BFSC
Mobile Apps iOS & Android iOS and Android
Auto Trading Expert Advisors (EAs) on MetaTrader, DBots BinomoBot tracks 12 moving and 5 technical indicators and can be set up in than 3 minutes.
Copy Trading Yes No
Social Trading No No
Margin Trading Yes No
MetaTrader 4 No No
MetaTrader 5 Yes 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 No No
P2P Trading No No
Spot Trading Yes No
Trade Signals DMT5 Yes
VPS Hosting No No
Tournaments No No
Demo Competitions No No
Ethical Investing No No
Islamic Account No No
Account Currencies USD, EUR, GBP, AUD USD, EUR
Stock Exchanges
  • Australian Securities Exchange (ASX)
  • Dow Jones
  • Japan Exchange Group
  • Nasdaq
  • New York Stock Exchange
  • Dow Jones
  • Nasdaq
  • New York Stock Exchange
Commodities
  • Gold
  • Oil
  • Silver
  • Precious Metals
  • Gold
  • Oil
  • Silver
CFD Trading Yes No
CFD Leverage 1:1000
CFD FTSE Spread 0.5
CFD GBPUSD Spread 0.5
CFD Oil Spread 0.018
CFD Stocks Spread 0.07
Forex Trading Yes Yes
Forex GBPUSD Spread 0.5
Forex EURUSD Spread 0.5
Forex EURGBP Spread 0.5
Forex Assets 30+ 19
Crypto Trading Yes Yes
Crypto Spread From 0.5
Crypto Coins
  • BTC
  • ETH
  • LTC
  • USDC
  • USDT
  • ADA
  • BCH
  • BTC
  • LTC
Crypto Lending No No
Crypto Mining No No
Crypto Staking No No
Crypto Auto Market Maker No No
rating empty
rating full
4.4
United States Flag
United States NOT accepted
» Visit
rating empty
rating full
3.4
United States Flag
United States NOT accepted
» Visit

FAQ

Is Deriv or Binomo better?

Overall we have rated Deriv (88%) higher than Binomo (67%), but there are additional factors to take into consideration. For example, does Deriv accept traders from your country and do they offer the kind of features or trading platforms you prefer? Use our easy comparison table to see if Deriv or Binomo is best for you.