easyMarkets vs Binary Mate, Who's The Best?
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easyMarkets Rating
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Binary Mate Rating
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73% of retail CFD accounts lose money with this provider. |
Your capital is at risk |
easyMarkets vs Binary Mate Guide |
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Read our In-Depth easyMarkets vs Binary Mate Review - for 2022
This easyMarkets vs Binary Mate review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this easyMarkets vs Binary Mate review does not apply to all countries as follows:
easyMarkets Excluded Countries
United States of America, Israel, Afghanistan, Anguilla, Burundi, Cambodia, Cayman Islands, Chad, Congo, Cuba, Democratic Republic of the Congo, Dominica, Equatorial Guinea, Fiji, Guinea Bissau, Haiti, Honduras, Iran, Iraq, Lao, Libya, Mozambique, Myanmar, Nicaragua, Democratic Peoples Republic of Korea, Palau, Panama, Somalia, Sudan, Syrian Arab Republic, Trinidad and Tobago, Turkmenistan, Vanuatu, Venezuela, and Yemen.
Binary Mate Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare easyMarkets vs Binary Mate
Every online trading system will have a few pros and cons, and no easyMarkets and Binary Mate review would be complete without having a balanced approach. Compare easyMarkets and Binary Mate to understand how they line up against each other before you create an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for a broker and are choosing between easyMarkets or Binary Mate. Which one is best in 2022?
This easyMarkets vs Binary Mate comparison contains the latest information so you can easily compare Binary Mate against easyMarkets.
If you are a new entrant in the world of trading and brokerages, so many facts will be confusing for you. Getting into the area of trading demands expert assessing skills and comprehensive understanding. You will acquire adept at all of the concepts of brokerage since you continue trading. For starters, you need to select the ideal agent who will be transparent with you constantly.
In this fast-paced world of stock markets and trading, you will need advice to make correct decisions. A professionally direct investment program has the potential to generate hefty returns. easyMarkets and Binary Mate are two such trading platforms that will take you and your investment into great heights. It is crucial that you compare easyMarkets vs Binary Mate before you trust them with your cash.
Our easyMarkets vs Binary Mate comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust easyMarkets and Binary Mate side by side.
Our full easyMarkets vs Binary Mate Review covers all you need to learn about trading with either easyMarkets or Binary Mate. A good agent can multiply your initial investments and give you positive profits. If you want to earn profits, you should trade with a broker service that aligns with your investing objectives.
There is no sure-fire way to ensure profits; therefore, you should carefully analyze your broker before you choose them. It is a common misconception that all brokers will be exactly the same, but that is not correct. Wrong judgment, in the beginning, can put your investments in danger.
easyMarkets and Binary Mate are both brokers that have forged their way successfully into the broker world. In this review, we've attempted to collate some of the important facets of both easyMarkets and Binary Mate. This review can help you to know whether either Binary Mate or easyMarkets is a fantastic match for your investments or not. We have tried to breakdown all the features and charges for your advantage.
Benefits of easyMarkets and Binary Mate Compared
easyMarkets offers a minimum deposit of $100 while Binary Mate has a $1000 minimum deposit.
Why smaller minimum deposits are good and how easyMarkets and Binary Mate compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
easyMarkets has around 200 financial instruments while Binary Mate allows you to trade around 200 available.
The more instruments you can trade on the easyMarkets and Binary Mate platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of easyMarkets or Binary Mate.
easyMarkets and Binary Mate Contact Details
Being able to contact your broker easily is a sign of a professional broker. easyMarkets and Binary Mate have the following contact details and social medias that you can use.
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| Broker | easyMarkets | Binary Mate |
| Telephone Number | +357 25 828 899 | |
| support@easymarkets.com | ||
| Address | 1 Griva Digheni, Limassol, Limassol 3035, CY | |
| easyMarkets Twitter Account | Binary Mate Twitter Account | |
| easyMarkets Facebook Page | Binary Mate Facebook Page | |
| easyMarkets Instagram Account | Binary Mate Instagram Account | |
| easyMarkets LinkedIn Page | Binary Mate LinkedIn Page | |
| YouTube | easyMarkets YouTube Channel | Binary Mate YouTube Channel |
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Binary Mate and easyMarkets Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of easyMarkets and Binary Mate we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of the apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
easyMarkets vs Binary Mate - Awards
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| Broker | easyMarkets | Binary Mate |
| Awards |
easyMarkets have won several industry awards over the time they have been running as an online broker. We list the most notable awards for easyMarkets here.
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At the time of writing this Binary Mate review, and despite Binary Mate’s impressive offering, the company has surprisingly not garnered any awards to date. |
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easyMarkets vs Binary Mate - Frequently Asked Questions
easyMarkets vs Binary Mate - Headquarters And Year Of Founding
easyMarkets was founded in 2003 and has its headquaters in Cyprus, Australia.
Binary Mate was founded in 2013 and has its headquaters in Malaysia.
What is the minimum deposit for Binary Mate or easyMarkets
The minimum deposit for easyMarkets is $100.
The minimum deposit for Binary Mate is $1000.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both easyMarkets and Binary Mate are a good option.
easyMarkets vs Binary Mate - Regulation And Licencing In More Detail
easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
Binary Mate is regulated by Cyprus Securities and Exchange Commission (CySEC).
Both easyMarkets and Binary Mate have a strong set of rules for ensuring honest trading on their individual platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
As per their privacy policies, client data is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare easyMarkets vs Binary Mate Commission And Fees
easyMarkets and Binary Mate are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled better. That is, an internet broker isn't necessarily influenced by the amount of customers they have.
However, this does not mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are mainly 3 different types of penalties for this purpose.
The first sort of fees to look out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you're charged trading charges. In these cases, you're spending a spread, funding rate, or even a commission. The sorts of trading fees and the rates differ from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the other hand, a spread denotes the difference between the buying and selling cost. Funding or overnight rates are people who are charged when you maintain a leveraged position for longer than daily.
Aside from trading charges, online brokers also charge non-trading fees. These are dependent on the actions you undertake on your accounts. They're charged for surgeries like depositing cash, not investing for lengthy periods, or withdrawals.
Generally, neither easyMarkets or Binary Mate charge high fees in comparison to other online brokers. For operations other agents charge for, they either do not charge a broker fee, or they charge a smaller amount. This is beneficial for those who often exchange, such as weekly or daily trading.
However, non-trading fees charged by easyMarkets and Binary Mate are relatively lower. As a result, you are charged more for non-trading activities in your trading accounts, such as deposits and withdrawal. These are not about the purchase and sale of resources.
This easyMarkets vs Binary Mate review for 2022 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For easyMarkets And Binary Mate
What Languages Do easyMarkets And Binary Mate Support?
Being able to communicate completely with your trading broker is a key element when comparing online brokers to find the best broker. Not only for support but to ensure you understand everything on their site and inside their app as it is a key part of success when trading online.
Below you can find all the languages that both easyMarkets and Binary Mate support.
How Many Clients Do easyMarkets and Binary Mate Have?
Both easyMarkets and Binary Mate are well established with their customer base. It is important to work with a broker that is professional and one of the easiest ways of establishing this is by knowing how many customers are using their services.
Below you will find details of how many customers easyMarkets and Binary Mate have
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| Broker | easyMarkets | Binary Mate |
| Clients / Users | 142,500+ | 10,000+ |
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What Payment Methods Do easyMarkets and Binary Mate Accept?
easyMarkets and Binary Mate both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at easyMarkets and Binary Mate
What Can You Trade With easyMarkets and Binary Mate?
easyMarkets offers 200 trading instruments whilst Binary Mate offers 54.
Below you will find a full breakdown of what both easyMarkets and Binary Mate offer.
Compare easyMarkets To All Other Brokers
Compare Binary Mate To All Other Brokers