Summary
Neither OlympTrade nor Binomo accepts traders from United States. See the brokers that accept you →
Not available in United States 
| OlympTrade | Binomo | |
|---|---|---|
| Overview | ||
| Summary | was founded in 2014 and now has over 88 million users. Operating in 130+ countries and offering support in 13 languages, the platform provides stability and appealing incentives for new traders. provides fixed-time trades across various markets. The brand holds an offshore license from the . 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: You can trade a limited selection of CFDs, including forex, indices, commodities, cryptos, and ETFs. Although prices are not the most competitive, the CFD platform is a good choice for beginners seeking simplicity, with a minimum start amount of $10. Forex trading: Olymp Trade provides about 30 currency pairs, which is the industry average. During tests, the spreads for EUR/USD were 1.1 pips, which is less competitive than leading brands like AvaTrade at 0.9 pips. However, experienced traders can access multipliers up to x500 on major pairs. Crypto trading: Olymp Trade provides major cryptocurrencies like Bitcoin and Ethereum. The Basic Altcoin Index is a valuable option, offering wider market exposure for those who prefer not to invest in a single cryptocurrency. | 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: Binomo offers a competitive range of currencies from majors like EUR/USD to exotics like EUR/MXN. With contract times of 1 minute to 1 hour, this broker suits short-term forex binary options traders. Crypto trading: Binomo provides 24/7 fixed-time trading on a limited number of major cryptocurrencies, such as Bitcoin. This is much less than platforms like Focus Option, which offers over 80 digital tokens. |
| Regulator | VFSC | – |
| 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 |
| Max payout | 93% 110% on InZone contracts | 90% 99% via Dynamic Range Trading for VIPs |
| Expiry times | 5 seconds - 23 hours | 1 minute - 60 minutes |
| Ladder options | No | No |
| Boundary options | No | Yes |
| Platforms & tools | ||
| 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. |
| MetaTrader 4 | No | No |
| MetaTrader 5 | No | No |
| cTrader | No | No |
| TradingView | No | No |
| AlgoTrader | No | No |
| OmniTrader | No | No |
| Autochartist | No | No |
| eSignal | No | No |
| Trading Central | No | No |
| Copy trading | No | Yes |
| Social trading | No | No |
| AI / machine learning | No | No |
| Robo advisor | No | No |
| Trade signals | – | Yes |
| VPS hosting | No | No |
| Account & payments | ||
| Payment methods | Bitcoin Payments, Credit Card, Debit Card, JCB Card, Mastercard, Neteller, Perfect Money, Skrill, UnionPay, Vietcombank Transfer, Visa, Wire Transfer | Credit Card, Doku Wallet, Google Pay, JCB Card, JetonCash, Mastercard, Perfect Money, Skrill |
| Account currencies | USD | USD, EUR |
| 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 |
| Islamic account | Yes | No |
| Negative balance protection | Yes | No |
| Market maker | Yes | No |
| Margin trading | No | No |
| Tournaments | No | Yes |
| Demo competitions | No | No |
| Ethical investing | No | No |
| Markets | ||
| Stock exchanges | CAC 40 Index France, DAX GER 40 Index, FTSE UK Index, Hang Seng, Japan Exchange Group, Nasdaq, Russell 2000, S&P 500 | Dow Jones, Nasdaq, New York Stock Exchange |
| Commodities | Oil, Silver, Gold, Platinum, Precious Metals, Natural Gas, Copper | Gold, Oil, Silver |
| Spot trading | No | No |
| P2P trading | No | No |
| 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 | ADA, AVX, BCH, BNB, BTC, DASH, DASH, DOGE, DOT, EOS, ETH, GLM, KSM, LNK, LTC, MAT, SOL, UNI, XLM, XRP, XTZ | ADA, BCH, BTC, LTC |
| Crypto lending | No | No |
| Crypto mining | No | No |
| Crypto staking | No | No |
| Crypto auto market maker | No | No |
| Visit | Read review | Read review |
Your capital is at risk. Never trade with more money than you can afford to lose.
FAQ
Is OlympTrade or Binomo better?
Overall we have rated OlympTrade (76%) higher than Binomo (67%), but there are additional factors to take into consideration. For example, does OlympTrade accept traders from your country and do they offer the kind of features or trading platforms you prefer? Use our comparison table to see if OlympTrade or Binomo is best for you.
