Binary.com vs TMS Brokers

Binary.com or TMS Brokers – which is better for UK traders 2024? Compare Binary.com and TMS Brokers in this detailed breakdown of their platforms, features and fees.

Binary.com vs TMS Brokers Comparison Table 2024
Binary.com TMS Brokers
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4
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2.8
Binary.com is ranked #11 among binary options brokers. TMS Brokers is ranked #97 among CFD brokers.
Binary.com has closed or no longer accepts UK clients.
Binary.com are the established pioneers of binary options. They are a well-known broker offering 150+ derivative products across a range of popular markets. With over 2.5 million users worldwide, the broker offers options multipliers and CFDs on two powerful trading platforms.
TMS Brokers is a leading European brokerage that offers affordable leveraged trading on forex, indices, stocks, ETFs, commodities and crypto through the popular MetaTrader 5 as well as a proprietary platform. The award-winning brand has over 20 years in the financial markets with modern trading tools and rich market analysis.
Pros
  • Access to a range of interesting markets, including Deriv's proprietary synthetic indices which are derived from simulated markets
  • Strong global reputation with decades of experience in the trading industry
  • Beginners can practise strategies in the demo account with unlimited virtual funds
  • Instant deposit methods with minimum funding as low as $5
  • Variety of risk management tools including trading limits and self-exclusion protocols
  • Responsive 24/7 customer support via live chat, telephone, email or WhatsApp
  • Sign up for a CFD or Multiplier account in minutes
  • Regulated by Poland's KNF and a member of the Polish Compensation Scheme
  • Choice of MetaTrader 5 or proprietary platform
  • Transparent fees with spreads from 1 pip
  • Pro account with perks
  • Demo account available
  • Award-winning brand
Cons
  • Limited regulatory oversight
  • DTrader platform only available via web browser
  • Narrow range of instruments vs other brokers
  • Financial education tools are very limited for English speaking customers
  • Connect Professional account fees and rates are not as transparent
  • Weak support for non-Polish speakers
  • Average investment offering
  • Low leverage of 1:20
Awards
  • Best Binary Options Broker 2019 - DayTrading.com
  • Best FX Broker 2020 - Invest Cuffs
  • Forecast Accuracy Ranking Q1 2019 - Bloomberg
FCA Regulated
No No

List of FCA Regulated Brokers

Instruments
CFDs, Forex, Stocks, Cryptos Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs
Demo Account
Yes Yes
Minimum Deposit
$5 $0
Payment Methods
Minimum Trade
$1 0.01 Lots
Regulator
MGA, SC Polish Financial Supervision Authority (KNF)
Mobile Apps
iOS, Android Yes
Trading App

Deriv GO, previously the Binary.com app, offers an easy-to-use interface and various trading instruments, including 24/7 trading in both standard and unique market-simulating indices. It stands out with its fast and reliable chat support, a rare find among competitor apps, providing essential help for new traders.

iOS App Rating
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4.2
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Android App Rating
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4.5
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Margin Trading
No No
MetaTrader 4
No No
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Auto Trading
Binary.com offer a self build robot feature to design, test and implement automated trading strategies Yes
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • USD
Commodities
  • Gold
  • Silver
  • Cocoa
  • Wheat
CFD
Deriv's CFD offering includes 38 forex pairs, 58 stocks, seven indices, 31 crypto pairs and 16 indices, with variable leverage up to 1:30 and tight spreads. The broker also offers CFDs on four synthetic indices, which allow 24/7 trading on customisable levels of volatility, and they are not available elsewhere. Trade CFDs on a wide range of markets including stocks, indices, commodities and ETFs with variable spreads. The mobile app is reliable and the MT5 platform is an excellent option for active, multi-asset traders.
Leverage
1:1000 1:20
FTSE Spread
1 pt var 2.5
GBPUSD Spread<
1 pip var 1.3
Oil Spread
3 pips var 0.04
Stocks Spread
Variable
Forex
Deriv traders can speculate on 38 major and minor pairs via CFDs on MT4 or 14 majors with the broker's 'multiplier' derivatives via the proprietary trading terminal. This is a decent range of currencies compared to many alternatives. 42 forex pairs can be traded with a maximum 1:20 leverage. Traders benefit from zero-commission trading and average spreads starting from 1 pip, which are reasonable though not the lowest we have seen.
Assets
45+ 42
GBPUSD Spread
1 pip var 1.3
EURUSD Spread
0.5 pip var 1.0
EURGBP Spread
1 pip var 1.0
Cryptocurrency
Deriv's 31 crypto CFDs are traded in pairs with USD and leverage up to 1:2. Multipliers are available on the BTC/USD and ETH/USD pairs. We like that crypto traders also get access to the powerful MT5 platform. 18 cryptocurrency CFDs are available, including Bitcoin, Ethereum and various altcoins, with maximum 1:2 leverage. On the negative side, the selection of digital currencies is limited vs alternatives we have tested.
Spread
BTC 2%, ETH 3% Floating
Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • BTC
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Binary.com are the pioneers of binary options. The original binary brand continue to expand and innovate their offering and remain one of the most trusted brands in the binary sector.
Payout
91%
Boundary Options
Yes No
Ladder Options
Yes No
Binary.com TMS Brokers
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