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Paxful vs Binary.com

Paxful or Binary.com – which is better for UK traders 2024? Compare Paxful and Binary.com in this detailed breakdown of their platforms, features and fees.

Paxful vs Binary.com Comparison Table 2024
Paxful	Binary.com

3.8	4
Paxful is ranked #79 among crypto brokers.	Binary.com is ranked #11 among binary options brokers.
Review	Review
Paxful has closed or no longer accepts UK clients. Paxful is a crypto trading exchange and digital wallet offering low fees and easy sign-up.	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.
Pros
	Access to a range of interesting markets, including Deriv's proprietary synthetic indices which are derived from simulated markets Strong global reputation with decades of experience in the trading industry Beginners can practise strategies in the demo account with unlimited virtual funds Instant deposit methods with minimum funding as low as $5 Variety of risk management tools including trading limits and self-exclusion protocols Responsive 24/7 customer support via live chat, telephone, email or WhatsApp Sign up for a CFD or Multiplier account in minutes
Cons
	Limited regulatory oversight DTrader platform only available via web browser Narrow range of instruments vs other brokers
Awards
	Best Binary Options Broker 2019 - DayTrading.com
FCA Regulated
No	No
Instruments
Cryptos	CFDs, Forex, Stocks, Cryptos
Demo Account
No	Yes
Minimum Deposit
0.005 BTC	$5
Payment Methods
Credit Cards Debit Card Google Pay Mastercard Neteller PayPal Skrill Visa Wire Transfer	FasaPay Paysafecard Perfect Money Skrill Wire Transfer Yandex Money
Minimum Trade
$10	$1
Regulator
	MGA, SC
Mobile Apps
Android & iOS	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.
iOS App Rating
	4.2
Android App Rating
	4.5
Margin Trading
Yes	No
MetaTrader 4
No	No
MetaTrader 5
No	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
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	No
P2P Trading
Yes	No
Spot Trading
Yes	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
VPS Hosting
No	No
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
USD EUR GBP	USD
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.
Leverage
	1:1000
FTSE Spread
	1 pt var
GBPUSD Spread<
	1 pip var
Oil Spread
	3 pips var
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.
Assets
	45+
GBPUSD Spread
	1 pip var
EURUSD Spread
	0.5 pip var
EURGBP Spread
	1 pip var
Cryptocurrency
Paxful offers buying and selling of the world's leading cryptocurrencies.	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.
Spread
Rates set by vendors	BTC 2%, ETH 3%
Coins
BTC ETH USDT	BCH BTC ETH LTC XRP
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.
Payout
	91%
Boundary Options
No	Yes
Ladder Options
No	Yes

Paxful	Binary.com
Review	Review
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