Binary.com
Blitzbrokers
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Overview
Binary.com was founded in 2014 and is headquartered in United States, while Blitzbrokers was established in 1982 and is based in Hong Kong. Binary.com holds licences including Unregulated, while Blitzbrokers is regulated by Securities and Futures Commission (SFC) among others. Binary.com serves 10,000+ clients worldwide; Blitzbrokers has 10,000+. The minimum deposit is $250 at Binary.com and $1 at Blitzbrokers.
| Feature | Binary.com | Blitzbrokers |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Regulation | Unregulated | Securities and Futures Commission (SFC) |
| Founded | 2014 | 1982 |
| Country | United States | Hong Kong |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Binary.com and Blitzbrokers, directly affecting your bottom line as a trader. Blitzbrokers has a lower barrier to entry with a minimum deposit of $1 (vs $250 at Binary.com). Binary.com charges withdrawal fees while Blitzbrokers does not, a notable advantage for frequent withdrawers. Binary.com applies inactivity fees on dormant accounts; Blitzbrokers does not. Binary.com charges deposit fees; Blitzbrokers does not. Overall, Blitzbrokers scores higher on fees in our assessment.
| Feature | Binary.com | Blitzbrokers |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Binary.com offers MT4, MT5, cTrader, while Blitzbrokers supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. Binary.com edges ahead on platform breadth and functionality in our scoring.
| Feature | Binary.com | Blitzbrokers |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4,iOS,MacBook,iPhone | Desktop,WEB,Android |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Binary.com and Blitzbrokers compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.
| Feature | Binary.com | Blitzbrokers |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Binary.com accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Blitzbrokers supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Binary.com | Blitzbrokers |
|---|---|---|
| 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 Binary.com and Blitzbrokers 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 | Binary.com | Blitzbrokers |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |