Binary.com
Evolution Brokers
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Overview
Binary.com was founded in 2014 and is headquartered in United States, while Evolution Brokers was established in 2008 and is based in Belize. Binary.com holds licences including Unregulated, while Evolution Brokers is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Binary.com serves 10,000+ clients worldwide; Evolution Brokers has 10,000+. The minimum deposit is $250 at Binary.com and $300 at Evolution Brokers.
| Feature | Binary.com | Evolution Brokers |
|---|---|---|
| Min. Deposit | $250 | $300 |
| Regulation | Unregulated | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2014 | 2008 |
| Country | United States | Belize |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Binary.com and Evolution Brokers, directly affecting your bottom line as a trader. Binary.com has a lower barrier to entry with a minimum deposit of $250 (vs $300 at Evolution Brokers). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Binary.com charges deposit fees; Evolution Brokers does not. The two brokers are broadly comparable on fee structure.
| Feature | Binary.com | Evolution Brokers |
|---|---|---|
| Min. Deposit | $250 | $300 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Binary.com offers MT4, MT5, cTrader, while Evolution Brokers supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Binary.com supports social and copy trading features, which Evolution Brokers does not offer. The two brokers are closely matched on platform offering.
| Feature | Binary.com | Evolution Brokers |
|---|---|---|
| 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 | WEB,Desktop,iPhone,Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Binary.com and Evolution Brokers compare. Evolution Brokers runs regular live webinars; Binary.com does not. Both provide video tutorials. Evolution Brokers publishes daily market commentary; Binary.com does not. Both integrate third-party research tools. Evolution Brokers maintains an archive of past webinars for on-demand viewing. Evolution Brokers scores higher overall in education and research.
| Feature | Binary.com | Evolution Brokers |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| 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 Evolution Brokers supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Binary.com | Evolution Brokers |
|---|---|---|
| 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 Evolution Brokers 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 | Evolution Brokers |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |