Binary.com
Exness
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Binary.com was founded in 2014 and is headquartered in United States, while Exness was established in 2008 and is based in Cyprus. Binary.com holds licences including Unregulated, while Exness is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Binary.com serves 10,000+ clients worldwide; Exness has 10,000+. The minimum deposit is $250 at Binary.com and $1 at Exness.
| Feature | Binary.com | Exness |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Regulation | Unregulated | Cyprus Securities and Exchange Commission (CySEC), CRFIN, The Federal Financial Supervisory Authority Bundesanstalt f├ó╦å┼í├é┬║r Finanzdienstleistungsaufsicht (BaFin), Netherlands Authority for the Financial Markets (AFM), Banque de France, The National Securities Market Commission (CNMV), The Commissione Nazionale per le Societ├ó╦å┼í├óÔé¼┬á e la Borsa (CONSOB), Finansinspektionen (FI), Komisja Nadzoru Finansowego (KNF) |
| Founded | 2014 | 2008 |
| Country | United States | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Binary.com and Exness, directly affecting your bottom line as a trader. Exness has a lower barrier to entry with a minimum deposit of $1 (vs $250 at Binary.com). Binary.com charges withdrawal fees while Exness does not, a notable advantage for frequent withdrawers. Binary.com applies inactivity fees on dormant accounts; Exness does not. Binary.com charges deposit fees; Exness does not. Overall, Exness scores higher on fees in our assessment.
| Feature | Binary.com | Exness |
|---|---|---|
| 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 Exness supports MT4, 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. The two brokers are closely matched on platform offering.
| Feature | Binary.com | Exness |
|---|---|---|
| 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 | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Binary.com and Exness compare. Exness runs regular live webinars; Binary.com does not. Both provide video tutorials. Exness publishes daily market commentary; Binary.com does not. Both integrate third-party research tools. Exness maintains an archive of past webinars for on-demand viewing. Exness scores higher overall in education and research.
| Feature | Binary.com | Exness |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | No |
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 Exness supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Binary.com | Exness |
|---|---|---|
| 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 Exness 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 | Exness |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |