Advanced Global Markets
Binary Mate
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Advanced Global Markets was founded in 1992 and is headquartered in Cyprus, while Binary Mate was established in 2013 and is based in Malaysia. Both brokers are regulated by Cyprus Securities and Exchange Commission (CySEC), among other authorities. Advanced Global Markets serves 10,000+ clients worldwide; Binary Mate has 10,000+. The minimum deposit is $500 at Advanced Global Markets and $1000 at Binary Mate.
| Feature | Advanced Global Markets | Binary Mate |
|---|---|---|
| Min. Deposit | $500 | $1000 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 1992 | 2013 |
| Country | Cyprus | Malaysia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Advanced Global Markets and Binary Mate, directly affecting your bottom line as a trader. Binary Mate has a lower barrier to entry with a minimum deposit of $1000 (vs $500 at Advanced Global Markets). Advanced Global Markets charges withdrawal fees while Binary Mate does not, a notable advantage for frequent withdrawers. Advanced Global Markets charges deposit fees; Binary Mate does not. Overall, Binary Mate scores higher on fees in our assessment.
| Feature | Advanced Global Markets | Binary Mate |
|---|---|---|
| Min. Deposit | $500 | $1000 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Advanced Global Markets offers MT4, MT5, cTrader, while Binary Mate supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Binary Mate supports social and copy trading features, which Advanced Global Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | Advanced Global Markets | Binary Mate |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4 | Android ,iPhone,Mac,iPade |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Advanced Global Markets and Binary Mate compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. Binary Mate scores higher overall in education and research.
| Feature | Advanced Global Markets | Binary Mate |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Advanced Global Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Binary Mate supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Advanced Global Markets | Binary Mate |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Advanced Global Markets and Binary Mate offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Advanced Global Markets | Binary Mate |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |