Binary.com vs Trade360 - Online Brokerage Comparison

Binary.com vs Trade360 | Compare Trading Brokers

Binary.com vs Trade360 Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulation
NoneWeb Trader, MT5, Apps50+MFSA, VFSC
$500ParagonEx Web Trader, MT5, Apps120+CySEC

Binary.com vs Trade360 Comparison

Both brokers offer web traders. On its web trader (ParagonEx), Trade360 provides a crowd trading news feed. Crowd trading adds information about the reactions of the crowd of other traders.

Both brokers additionally provide MetaTrader 5 (MT5). Binary.com has a lower minimum deposit (which is none for MT5).

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

Trade360 is regulated by the CySEC in Cyprus.

Quick comparison

Both brokers offer web traders. Both brokers provide MT5. 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 Trade360 is $500.

  • 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.
  • Trade360 offers five account types and an Islamic account for CFD trading. The minimum deposit for the Mini Account is $500, the minimum deposit for the Standard360 account is $1000 (the minimum deposit for StandardMT5 is $500), the minimum deposit for the Gold account is $5000, the minimum deposit for the Platinum and Islamic360 accounts is $10,000 and the minimum deposit for the VIP account is $50,000. The minimum trade size ranges from 0.05 lots (Mini) to 1.5 lots (VIP). The Standard360 account has a minimum trade size of 0.1 lots (mini lots).
  • All Trade360 account types offer the Live CrowdTrading Feed, trading signals, 24/5 live chat and Whatsapp Support. MT5 is available for all account types except the Mini account. The Gold, Platinum, Islamic and VIP accounts offer additionally personal push and SMS notifications and exclusive market updates. Trade360 offers Trading Central.

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.
  • Trade360 offers Forex, Commodities, Indices, Stocks and ETFs, with 450+ available.

Cryptocurrency CFDs

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

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 Trade360 (CySEC regulated) is .

Online trading platforms

Binary.com provides a web trader and MT5. Trade360 offers the ParagonEx web trader and MT5. Both provide mobile apps.

Why Binary.com or Trade360 ?

Traders who want to trade on MT5 may do so at either broker. Traders who want to trade on a user friendly web trader which has a crowd trading news feed to help inform the trader who executes their own trades, can find ParagonEx at Trade360. Traders who want to use a user friendly web trader and trade markets 24/7, can do so at Binary.com.

Comparison summary

  • Both brokers offer CFD trading
  • Each broker provides MT5
  • Both brokers offer web traders
  • Trade360 has a crowd trading news feed on ParagonEx
  • Binary.com offers 24/7 trading

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