Zenfinex vs Binary.com

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

Zenfinex vs Binary.com Comparison Table 2024
Zenfinex Binary.com
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4
Zenfinex is ranked #97 among CFD brokers. Binary.com is ranked #11 among binary options brokers.
Review
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Zenfinex is a UK-headquartered broker offering social trading, low fees and MT4.
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.
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
Cons
  • Limited regulatory oversight
  • DTrader platform only available via web browser
  • Narrow range of instruments vs other brokers
Awards
  • Best Binary Options Broker 2019 - DayTrading.com
FCA Regulated
Yes No
Instruments
Forex, CFDs, indices, commodities CFDs, Forex, Stocks, Cryptos
Demo Account
Yes Yes
Minimum Deposit
$50 $5
Payment Methods
Minimum Trade
0.01 Lots $1
Regulator
FCA, SVGFSA MGA, SC
Mobile Apps
Yes iOS, Android
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
Android App Rating
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4.5
Margin Trading
No No
MetaTrader 4
Yes 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
Yes Binary.com offer a self build robot feature to design, test and implement automated trading strategies
Copy Trading
Yes No
Copy Trading Platform
Zenfinex offers social copy trading through the interactive iOS and Android ZenConnect mobile app. Investors can buy and sell on the financial markets using the tips and positions of other traders.
Social Trading
Yes 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
CFD
Leveraged contracts for difference are available on multiple financial markets. 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.
Leverage
1:30 (UK), 1:400 (Global) 1:1000
FTSE Spread
2.0 1 pt var
GBPUSD Spread<
0.3 1 pip var
Oil Spread
0.05 3 pips var
Stocks Spread
N/A
Forex
Ultra competitive spreads are available on forex pairs at Zenfinex. 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.
Assets
50+ 45+
GBPUSD Spread
0.3 1 pip var
EURUSD Spread
0.1 0.5 pip var
EURGBP Spread
0.3 1 pip var
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.
Spread
BTC 2%, ETH 3%
Coins
  • BCH
  • 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
No Yes
Ladder Options
No Yes
Zenfinex Binary.com
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