IQ Option vs Binomo
Compare IQ Option and Binomo in this side-by-side table listing each broker’s features, platforms, instruments and much more.
| Feature | IQ Option | Binomo |
|---|---|---|
 United States NOT accepted |
United States NOT accepted |
|
| Summary | IQ Option is a reliable broker offering multi-asset trading via its easy-to-use platform. It allows trading in forex, stocks, cryptos, indices, commodities, and ETFs with low fees, plus extra features and educational resources. An account can be opened with only $10. IQ Option is a well-regarded binary options and digital trading broker. Trade on an easy-to-use platform with a low initial deposit. Just predict if an asset's price will rise or fall to earn a fixed payout of up to 90%+. CFD Trading Forex Trading Crypto Trading |
Binomo is an easy-to-use binary options broker for beginners, offering forex, stocks, and indices trading through high/low binary options on a simple web platform, with payouts up to 90% and reliable service. Established in 2012, 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 |
| Warning | RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK | |
| Awards |
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| Bonus | None | None |
| Instruments | CFD, Forex, Crypto, Stocks, Digital Options | Fixed Time Trades |
| Demo Account | Yes | Yes |
| Minimum Deposit | $10 | $10 |
| Minimum Trade | 0.001 Lots | $1 |
| Expiry Times | 60 seconds - 1 month | 1 minute - 60 minutes |
| Ladder Binary Options | Yes | No |
| Boundary Binary Options | Yes | Yes |
| Payment Methods |
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| Mobile Apps | iOS, Android and Windows | iOS and Android |
| Mobile Trading | IQ Option offers an easy-to-use mobile app for forex and their own trading instruments, providing a smooth, secure platform for short-term trades. Recent updates have harmonized the interface of both the web and mobile platforms, allowing effortless switching between them. | 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 | No |
| Social Trading | No | No |
| Margin Trading | Yes | No |
| Margin Rate | 0.2% | |
| 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 | Yes | No |
| Demo Competitions | No | No |
| Ethical Investing | No | No |
| Islamic Account | Yes | No |
| Account Currencies | USD, EUR, GBP, ZAR | USD, EUR |
| Stock Exchanges |
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| Commodities |
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| CFD Trading | Yes | No |
| CFD Leverage | 1:500 | |
| CFD GBPUSD Spread | 1 | |
| CFD Oil Spread | 2.3 | |
| CFD Stocks Spread | 2 | |
| Forex Trading | Yes | Yes |
| Forex GBPUSD Spread | 5 pips | |
| Forex EURUSD Spread | 14 pips | |
| Forex EURGBP Spread | 15 pips | |
| Forex Assets | 60+ | 19 |
| Crypto Trading | Yes | Yes |
| Crypto Spread | BTC 7%, ETH 12% (Var) | |
| Crypto Coins |
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| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | No | No |
| Crypto Auto Market Maker | No | No |
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United States NOT accepted |
United States NOT accepted |