This comparison guide helps users who need assistance choosing between ActivTrades and Binomo to find the best online broker for their trading and investment needs. It considers the essential features of the two brokers side by side to help users compare their service and make an informed decision.
To help users select the optimal broker between ActivTrades and Binomo to find the best-suited platform, below is a list of broker’s pros and cons, followed by a comparison of their common trading features, including trading platforms & tools, fees, mobile trading, deposit & withdrawal, assets, regulation, and customer support.
ActivTrades vs. Binomo: Summary
ActivTrades is a forex and CFD broker founded in 2001. The broker is licensed by the FCA and is considered safe. Users have access to a variety of assets including forex and CFDs on stocks, ETFs, cryptos, commodities and indices.
ActiveTrades has a proprietary platform (ActivTrader) and mobile app (ActiveTrades app) with an intuitive dashboard and trading features. Trading fees are below industry average, while research and educational resources are limited.
Account opening is fast and simple, while deposit & withdrawals are free of charge. The minimum deposit is $0.
ActiveTrade is a common choice among forex and CFD traders with intermediate knowledge.
Binomo is a binary options broker founded in 2014. It is not regulated and, therefore, not considered a safe broker. Their platform allows users to trade binary options on 60+ assets, including stocks, indices, commodities, and cryptocurrencies.
Binomo pays out up to 90% profit margin on correct predictions. The broker charges an inactivity fee of $10 after 30 days of inactivity.
Binomo’s customer support is available in Arabic and English via email (support@binomo.com).
Pros
- Low minimum deposit ($0)
- Low spreads from 0.5 pips EUR/USD
- Proprietary web platform (ActiveTrader) and MetaTrader desktop integration
- Negative balance protection
- Fast account opening
Cons
- Inactivity fees
- Limited availability of assets (only CFD, forex, and cryptocurrencies)
Pros
- Low minimum deposit ($10)
- No hidden commissions or fees
- High payouts of up to 90%
- Multiple account types and bonuses
- Cashback bonus for VIP members
- Customer support in Arabic
Cons
- Minimal trading platform compared to other brokers
- Lengthy account verification procedure
- Lacks education and research tools
Key features
- Low trading fees
- Compatible with MetaTrader 4 and 5
- Great research tools like SmartOrder 2 and Pivot Points Indicator
- Daily Market Analysis videos
- Free unlimited demo paper trading account
- One to One training available
Key features
- Access to over 60+ binary options
- Beginner-friendly user interface
- Cryptocurrency trading options
- Low minimum deposit of $10
- $1 min. trade size
- Multiple payment options
ActivTrades vs. Binomo Comparison
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ActivTrades
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Binomo
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:400 | 100:1 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | 0 | 0 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | $30 if no trades after 3 months | |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | £10 | 0 |
| Forex (EUR/USD) | 1 pip | 0 |
| Stocks & ETF | 0 | 0 |
| CFD (Gold) | 3.8 pips | 0 |
| Crypto | 0 | 0 |
| Options | 0 | 0 |
| Conversion Fees | 0 | |
| Misc. Fees | 0 | 0 |
| Overnight Fees | 0 |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $0.00 | $10.00 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 0 | 0 |
| ETF & Funds | 0 | 0 |
| Crypto | 0 | 0 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 0 | 0 |
| Futures | 0 | 0 |
| Bonds | 0 | 0 |
| Forex Instruments | 48 | 0 |
| CFD Indices & Funds | 527 | 0 |
| CFD Stocks | 660 | 0 |
| CFD Commodities | 15 | 0 |
| CFD Crypto | 9 | 0 |
| CFD Bonds | 5 | 0 |
| Binary Options | 0 | 200 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
ActivTrades vs. Binomo Comparison Conclusion
The results of our comparison of ActivTrades vs. Binomo are wrapped up in the table below.
| Broker: | Best For: |
| ActivTrades | Forex and CFD trading |
| Binomo | Binary Options Trading |
Choosing between ActivTrades and Binomo can be a tough decision. Both online brokers have similarities but differ regarding trading instruments, platforms & apps, regulation, deposit & withdrawals, and research and education. Picking the best broker depends on users’ trading & investment goals, personal preferences, and knowledge level.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.