Binary.com vs Focus Option
Binary.com or Focus Option – which is better for UK traders 2024? Compare Binary.com and Focus Option in this detailed breakdown of their platforms, features and fees.
| Binary.com | Focus Option |
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| Binary.com is ranked #11 among binary options brokers. | Focus Option is ranked #8 among binary options brokers. |
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Binary.com has closed or no longer accepts UK clients.
Binary.com are the established pioneers of binary options. They are a well-known broker offering 150+ derivative products across a range of popular markets. With over 2.5 million users worldwide, the broker offers options multipliers and CFDs on two powerful trading platforms. |
Focus Option is an offshore broker that specializes in binary options as well as CFDs. Binary options trading on forex, cryptos and three commodities is done through the broker's simple web-based platform with average payouts between 70% and 95%. The broker also offers a mobile app for trading CFDs, with 300+ tradeable instruments. |
| Pros | |
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| Cons | |
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| Awards | |
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| FCA Regulated | |
| No | No |
| Instruments | |
| CFDs, Forex, Stocks, Cryptos | Binary Options, CFDs, Forex, Metals, Indices |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $5 | $10 |
| Payment Methods | |
| Minimum Trade | |
| $1 | $1 |
| Regulator | |
| MGA, SC | |
| Mobile Apps | |
| iOS, Android | iOS & Android |
| Trading App | |
Deriv GO, previously the Binary.com app, offers an easy-to-use interface and various trading instruments, including 24/7 trading in both standard and unique market-simulating indices. It stands out with its fast and reliable chat support, a rare find among competitor apps, providing essential help for new traders. |
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| iOS App Rating | |
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| Android App Rating | |
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| Margin Trading | |
| No | Yes |
| MetaTrader 4 | |
| No | No |
| MetaTrader 5 | |
| Yes | No |
| cTrader | |
| No | No |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | Yes |
| Autochartist | |
| No | No |
| eSignal | |
| No | No |
| Trading Central | |
| No | No |
| STP Account | |
| No | No |
| ECN Account | |
| No | No |
| DMA Account | |
| No | No |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | No |
| Market Maker | |
| No | Yes |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | No |
| Auto Trading | |
| Binary.com offer a self build robot feature to design, test and implement automated trading strategies | |
| Copy Trading | |
| No | No |
| Social Trading | |
| No | No |
| Trade Signals | |
| Yes | |
| VPS Hosting | |
| No | Yes |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Islamic Account | |
| No | No |
| Account Currencies | |
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| Commodities | |
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| CFD | |
| Deriv's CFD offering includes 38 forex pairs, 58 stocks, seven indices, 31 crypto pairs and 16 indices, with variable leverage up to 1:30 and tight spreads. The broker also offers CFDs on four synthetic indices, which allow 24/7 trading on customisable levels of volatility, and they are not available elsewhere. | Focus Option offers CFD trading through an intuitive mobile app, with 300+ tradeable instruments spanning forex, cryptocurrencies, commodities, shares and indices. Leverage ranges from 1:20 to 1:50 and spreads are variable, starting from 1 pip, with no commission. |
| Leverage | |
| 1:1000 | 1:50 |
| FTSE Spread | |
| 1 pt var | NA |
| GBPUSD Spread< | |
| 1 pip var | 3 |
| Oil Spread | |
| 3 pips var | 1 |
| Stocks Spread | |
| Variable | |
| Forex | |
| Deriv traders can speculate on 38 major and minor pairs via CFDs on MT4 or 14 majors with the broker's 'multiplier' derivatives via the proprietary trading terminal. This is a decent range of currencies compared to many alternatives. | Focus Option offers 22 forex pairs tradeable via binary options, including a selection of majors and minors. FX pairs are also available to trade with margin on Focus Option's mobile app, which offers high leverage up to 1:50 and spreads from 1 pip. |
| Assets | |
| 45+ | 39 |
| GBPUSD Spread | |
| 1 pip var | 3 |
| EURUSD Spread | |
| 0.5 pip var | 1 |
| EURGBP Spread | |
| 1 pip var | 3 |
| Cryptocurrency | |
| Deriv's 31 crypto CFDs are traded in pairs with USD and leverage up to 1:2. Multipliers are available on the BTC/USD and ETH/USD pairs. We like that crypto traders also get access to the powerful MT5 platform. | Focus Option clients can trade binary options on an extensive list of 80+ cryptocurrencies, including Bitcoin and Ethereum plus smaller altcoins like Tron and 0x. Crypto CFDs are also available through the broker's mobile app with high leverage. |
| Spread | |
| BTC 2%, ETH 3% | NA |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| Binary Options | |
| Binary.com are the pioneers of binary options. The original binary brand continue to expand and innovate their offering and remain one of the most trusted brands in the binary sector. | Focus Option offers binary options trading on 140+ instruments including forex, cryptocurrencies, commodities, indices and company shares. Contracts include 30 seconds, 1 min, 2 mins, 5 mins, 15 mins, 30 mins, 1 hr, end of day, and long-term contracts up to 30 days. Decent payouts typically climb to 95%. The browser-based platform is beginner-friendly with sophisticated analysis tools. |
| Payout | |
| 91% | 95% |
| Expiration Times | |
| 30 seconds - 1 week | |
| Boundary Options | |
| Yes | No |
| Ladder Options | |
| Yes | No |
| Binary.com | Focus Option |
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