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 |
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| Summary | IQ Option is a trusted broker with multi-asset trading on its user-friendly proprietary platform. The broker provides trading on forex, stocks, cryptos, indices, commodities and ETFs with competitive fees and a good suite of extra features and educational content. You can also open an account with just $10. IQ Option is a top-rated binary options and digital trading broker. Trade on a user-friendly platform with a low starting deposit. Simply decide whether the price of an asset will go up or down to win a predetermined payout up to 90%+. CFD Trading Forex Trading Crypto Trading |
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 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 | 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 |
| Auto Trading | 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 |
| 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 App | IQ Option provide a superbly easy to use mobile app. Offering forex trading, plus some bespoke trading instruments of their own, IQ deliver a slick, secure platform for shorter term trades. Recent upgrades have synchronised the look and feel of both the Webtrader and mobile platform, making switching between the two, seamless. Try it out via the free demo account. |
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| Forex GBPUSD Spread | 5 pips | |
| Forex EURUSD Spread | 14 pips | |
| Forex EURGBP Spread | 15 pips | |
| Forex Assets | 250+ | 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 |