Binary.com vs RoboForex - Trading Brokerage Comparison

Binary.com vs RoboForex | Online Brokerage Comparison

Binary.com vs RoboForex Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulation
NoneMT5, Web Trader, Apps50+MFSA, VFSC
$10MT5, MT4, R Trader, cTrader, Apps9000+IFSC

Binary.com vs RoboForex Comparison

Both of these brokers offer CFD trading on MetaTrader 5 (MT4). MT5 is the successor to MT4 and MT4 itself is also available at RoboForex. RoboForex additionally offers the R Trader web trader and cTrader.

While these brokers can offer a similar number of markets on MT5, RoboForex has considerably more on R Trader, where it has a relatively large offering of Stocks CFDs.

RoboForex offers a Cent account allowing it to offer very small trade sizes. RoboForex has a low minimum deposit, though Binary.com's is lower. Both brokers offer 24/7 trading of Cryptocurrency CFDs.

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

RoboForex is regulated by the IFSC in Belize.

Quick comparison

Both brokers offer MT5. RoboForex additionally provides MT4, cTrader and R Trader. Both have a low minimum deposit, though Binary.com's is lower. RoboForex can offer many more markets to trade on R Trader.

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 RoboForex is $10.

  • 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.
  • RoboForex offers accounts based around its four platforms, MT4, MT5, cTrader and R Trader. cTrader has an ECN-Pro and Pro-Standard account. MT4 and MT5 each offer a Pro-Standard, Pro-Cent and ECN-Pro account. MT4 additionally offers an MT4 Prime account. RoboForex's R Trader is a web trading platform, which has many more markets available than the other accounts. RoboForex also offers a CopyFx account (which supports transaction copying) and a RAMM account (which supports strategy copying). The minimum trade size is 0.0001 lots.
  • RoboForex's minimum deposit for all accounts except R Trader and MT4 Prime is $10. The minimum deposit for R Trader is $100 and MT4 Prime is $5,000. The Prime account is an ECN account with lower commission charges. RoboForex offers an Islamic (Swap Free) version for some of these accounts. Micro lot trading is available.
  • RoboForex provides a range of tools including analysis, webinars, education and an economic calendar. It offers the R Trader Strategy Builder for building robots. RoboForex allows EAs and scalping.

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.
  • RoboForex offers Forex, Commodities, Indices, Cryptocurrencies, Stocks and ETFs, for a total of 9,000+.

Cryptocurrency CFDs

  • Binary.com offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, DASH, EOS and Emercoin.
  • RoboForex offers Bitcoin, Ethereum, Litecoin Ripple, Bitcoin Cash, DASH, EOS, OmiseGo, NEO, Monero, IOTA, Bitcoin Gold, QTUM 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 RoboForex (IFSC regulated) is 2000:1.

Online trading platforms

Binary.com offers a web trader and MT5. RoboForex provides R Trader, MT5, MT4 and cTrader. Both offer mobile apps.

Why Binary.com or RoboForex ?

Traders who want to trade on MT5 may do so at either broker. Traders who wish to trade on MT4, R Trader and cTrader, may do this at RoboForex. Traders can trade Cryptocurrency CFDs 24/7 at either broker. RoboForex has considerably more markets to trade than Binary.com. RoboForex offers a Cent account allowing the trader to trade with very small trade sizes. Binary.com additionally lets the trader trade on simulated markets 24/7.

Comparison summary

  • Both brokers offer CFD trading
  • Each broker provides MT5
  • RoboForex additionally offers MT4, cTrader and R Trader
  • On R Trader, RoboForex has many more markets to trade
  • RoboForex offers smaller minimum trade sizes
  • Binary.com has a lower minimum deposit

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