Binary.com vs easyMarkets - Trading Brokerage Comparison

Binary.com vs easyMarkets | Online Brokerage Comparison

Binary.com vs easyMarkets Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulation
NoneMT5, Web Trader, Apps50+MFSA, VFSC
$100MT4, Web Trader, Apps200+CySEC, ASIC

Binary.com vs easyMarkets Comparison

Both of these brokers offer user friendly web traders. easyMarkets additionally provides MetaTrader 4 (MT4) while Binary.com additionally offers the successor to MT4, MetaTrader 5 (MT5).

easyMarkets offers fixed spreads, while Binary.com provides variable spreads and in some cases fixed spreads.

Binary.com is regulated by a range of bodies including the MFSA in Malta and the VFSC in Vanuatu.

easyMarkets is regulated by the CySEC in Cyprus and the ASIC in Australia.

Quick comparison

Both brokers offer web traders and apps. Binary.com additionally provides MT5 while easyMarkets additionally offers MT4.

Minimum deposit and key account features

The minimum deposit to use Binary.com's web trader is $5, but there is no minimum deposit to use MT5. The minimum deposit for easyMarkets is $100.

  • Binary.com offers a range of features on its website including webinars, an Economic Calendar and TradingView. When the trader has opened their account they gain access to the SmartTrader platform and can then open MT5 accounts. These accounts can include a Standard account, an Advanced STP account and a Synthetic Indices account (different accounts can be available in different countries). The minimum trade size is 0.01 lots.
  • easyMarkets offers a Standard account with a minimum deposit of $100 and a VIP account with a minimum deposit of $2,500. easyMarkets provides Market News and a Financial Calendar on its website and Market News, Trading Signals and a Financial Calendar on its platform.
  • All easyMarkets account types have customer support and a personal account manager. The VIP account additionally has telephone trading, access to the tightest spreads at easyMarkets, a personal analyst and real time SMS market updates. The minimum trade size is 0.01 lots.

Markets

  • Binary.com offers trading on MT5 in Forex, Commodities, Indices and Cryptocurrencies, with 50+ available. It also offers 24/7 trading in simulated markets. The markets available can vary in different countries.
  • easyMarkets offers trading in Forex, Commodities, Indices, Cryptocurrencies, Stocks and Options, with 200+ available.

Cryptocurrency CFDs

  • Binary.com offers Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, DASH, EOS and Emercoin.
  • easyMarkets offers Bitcoin, Ethereum and Ripple.

Leverage

Maximum leverage for Binary.com on CFDs on MT5 (MFSA regulated) is . Maximum leverage for Binary.com (VFSC regulated) on CFDs on MT5 is 100:1. Maximum leverage for easyMarkets (CySEC regulated) is .

Online trading platforms

Binary.com offers a web trader and MT5. easyMarkets provides a web trader and MT4. Both offer mobile apps.

Why Binary.com or easyMarkets ?

Traders who want to trade CFD markets on a user friendly web trader and MT4 may do so at easyMarkets. Traders who want to trade CFD markets on MT5, the successor to MT4, can do so at Binary.com. easyMarkets offers more markets to trade than Binary.com. Binary.com can offer a lower minimum deposit (which is none on MT5 vs $100 to trade at easyMarkets).

Comparison summary

  • Both brokers offer CFD trading
  • Each provides user friendly web traders
  • easyMarkets additionally provides MT4
  • Binary.com additionally offers MT5
  • Binary.com has a lower minimum deposit

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