Binary.com vs ITRADER - Trading Brokers Comparison

Binary.com vs ITRADER | Compare Trading Brokers

Binary.com vs ITRADER Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulation
NoneMT5, Web Trader, Apps50+MFSA, VFSC
$250MT4, Apps200+CySEC

Binary.com vs ITRADER Comparison

ITRADER is a MetaTrader 4 (MT4) broker while Binary.com provides MetaTrader 5 (MT5) along with other platforms. Binary.com offers 24/7 trading and has a lower minimum deposit than ITRADER (none for MT5 vs $250 for ITRADER).

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

ITRADER is regulated by the CySEC in Cyprus.

Quick comparison

ITRADER is an MT4 broker, while Binary.com offers MT5 and other platforms. Binary.com has a lower minimum deposit.

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 ITRADER is $250.

  • 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).
  • ITRADER provides three account types, Silver, Gold and Platinum. The current minimum deposit for Gold and Platinum is available upon request from the account manager assigned to the trader's account. An Islamic account is available on request.
  • ITRADER provides an extensive animated trading course on its website. It also offers eBooks, Webinars and Daily reviews and provides hedging for all account types. The Gold account additionally provides extra Webinars and Videos and a dedicated account manager. The Platinum account additionally provides a Free VPS and News Alerts.

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.
  • ITRADER offers CFD trading in Forex, Commodities, Indices, Cryptocurrencies and Stocks, with 200+ available.

Cryptocurrency CFDs

  • Binary.com offers Bitcoin, Ethereum, Litecoin, Ripple, DASH, Bitcoin Cash, EOS and Emercoin.
  • ITRADER offers Bitcoin, Ethereum, Litecoin, Ripple, DASH, Bitcoin Cash ABC, NEO, Bitcoin Gold, Stellar, Ethereum Classic, Monero, Cardano, Bitcoin SV, IOTA, Lisk, Qtum, Siacoin, Tether, NEM, Zcash, Verge, WAVES, TRON and Golem.

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 Binary.com on MT5 Synthetic Indices is 1000:1. Maximum leverage for ITRADER (CySEC regulated) is .

Online trading platforms

Binary.com provides a web trader and MT5. ITRADER offers MT4. Both provide mobile apps.

Why Binary.com or ITRADER ?

Traders who want to trade on MT4 can use this platform at ITRADER (and a relatively large number for markets for this kind of broker). Traders who wish to trade on MT5 may find this trading platform at Binary.com. Binary.com has a lower minimum deposit, which is none for MT5, versus $250 to trade on MT4 at ITRADER.

Comparison summary

  • Both brokers offer CFD trading
  • ITRADER provides MT4
  • Binary.com offers MT5
  • Binary.com has no minimum deposit for MT5
  • ITRADER offers more markets to trade
  • Binary.com has 24/7 trading

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