Nadex Exchange vs Binomo

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

Nadex Exchange vs Binomo Comparison Table 2024
Feature Nadex Exchange Binomo
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4.3
United States Flag
United States accepted
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3.4
United States Flag
United States NOT accepted
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Summary

Nadex is a renowned exchange and binary options provider, based in the US. The company is fully regulated by the CFTC and offers options, call spreads and Knock Out contracts. Nadex also has just a $1 entry or exit fee and a user-friendly platform and proprietary app.

Nadex offers real-time market action with short-term binary options trading. The range of markets is strong with just a $1 fixed fee per side, per contract. Nadex also offers ultra-short term binaries that expire after 5 seconds.

Forex Trading
Speculate on 11 popular currency pairs via Knock Out contracts, call spreads and binary options. Nadex continues to offer a wider range of timeframes than most binary options brokers, with contracts spanning from intraday to weekly.

Crypto Trading
Nadex offers a limited list of cryptos with just Bitcoin and Ethereum. Traders can go long or short though with straightforward binary options contracts that mean you don't need to own the underlying token.

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 Binary Options, Knock Outs™, Call Spreads Fixed Time Trades
Demo Account Yes Yes
Minimum Deposit $250 $10
Minimum Trade $1 $1
Expiry Times 5 seconds - 1 week 1 minute - 60 minutes
Ladder Binary Options No No
Boundary Binary Options Yes Yes
Payment Methods
  • ACH Transfer
  • Cheque
  • Debit Card
  • Mastercard
  • Visa
  • Wire Transfer
  • Cashu
  • Credit Card
  • Doku Wallet
  • JCB Card
  • JetonCash
  • Mastercard
  • Perfect Money
  • Skrill
Regulator CFTC
Mobile Apps NadexGO iOS and Android
Auto Trading Yes 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 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 No No
Market Maker No No
P2P Trading No No
Spot Trading No No
Trade Signals Yes Yes
VPS Hosting No No
Tournaments No No
Demo Competitions No No
Ethical Investing No No
Islamic Account No No
Account Currencies USD USD, EUR
Stock Exchanges
  • DAX GER 40 Index
  • Dow Jones
  • FTSE UK Index
  • Japan Exchange Group
  • Nasdaq
  • S&P 500
  • Shenzhen Stock Exchange
  • Dow Jones
  • Nasdaq
  • New York Stock Exchange
Commodities
  • Natural Gas
  • Gold
  • Silver
  • Oil
  • Gold
  • Oil
  • Silver
CFD Trading No No
Forex Trading Yes Yes
Forex App

NadexGO allows trading whenever, wherever, and however traders want. Specializing in short term trading, the mobile app needs to offer quick response times, and certainly delivers. It is also reliable and secure, ensuring traders can trade with confidence on the move. NadexGo is a rock solid trading app.

Forex GBPUSD Spread 0.25 pips Var
Forex EURUSD Spread 0.25 pips Var
Forex EURGBP Spread 0.25 pips Var
Forex Assets 11 19
Crypto Trading Yes Yes
Crypto Spread Variable
Crypto Coins
  • BTC
  • ETH
  • 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
4.3
United States Flag
United States accepted
» Visit
rating empty
rating full
3.4
United States Flag
United States NOT accepted
» Visit

FAQ

Is Nadex Exchange or Binomo better?

Overall we have rated Nadex Exchange (86%) higher than Binomo (67%), but there are additional factors to take into consideration. For example, does Nadex Exchange 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 Nadex Exchange or Binomo is best for you.