Binary.com
Degiro
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Overview
Binary.com was founded in 2014 and is headquartered in United States, while Degiro was established in 1934 and is based in Netherlands. Binary.com holds licences including Unregulated, while Degiro is regulated by Financial Conduct Authority (FCA) among others. Binary.com serves 10,000+ clients worldwide; Degiro has 600,000+. The minimum deposit is $250 at Binary.com and $0 at Degiro.
| Feature | Binary.com | Degiro |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Regulation | Unregulated | Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB) |
| Founded | 2014 | 1934 |
| Country | United States | Netherlands |
| Clients | 10,000+ | 600,000+ |
Fees
Fees are a critical factor when choosing between Binary.com and Degiro, directly affecting your bottom line as a trader. Degiro has a lower barrier to entry with a minimum deposit of $0 (vs $250 at Binary.com). Binary.com charges withdrawal fees while Degiro does not, a notable advantage for frequent withdrawers. Binary.com applies inactivity fees on dormant accounts; Degiro does not. Binary.com charges deposit fees; Degiro does not. Overall, Degiro scores higher on fees in our assessment.
| Feature | Binary.com | Degiro |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
Platforms
Binary.com offers MT4, MT5, cTrader, while Degiro supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Binary.com supports social and copy trading features, which Degiro does not offer. The two brokers are closely matched on platform offering.
| Feature | Binary.com | Degiro |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4,iOS,MacBook,iPhone | MetaTrader 4 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Binary.com and Degiro compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.
| Feature | Binary.com | Degiro |
|---|---|---|
| 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 Degiro supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Binary.com | Degiro |
|---|---|---|
| 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 Degiro 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 | Degiro |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |