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Comparison 24option vs Binomo
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare 24option vs Binomo. Which of them: 24option or Binomo a better online broker?
First of all, we’ll compare the commission fees of the two brokers. Let’s analyze the commission fees on trading options. 24option has a commission fee of €10 fee per month, Binomo has a commission fee of none. You can read more detailed information on commission fees in the online broker reviews.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are 24option provides customers with Stocks Trading, Forex Trading, Crypto Trading, and Binomo provides customers with Options Trading. As for platforms, 24option offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while Binomo offers Web Platform, Android App, iOS App.
Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. 24option was established in 2009 in Cyprus, and it is regulated by CySEC, IFSC. And Binomo was established in 2014 in Seychelles, and it is regulated by International Financial Commission. Withdrawal of funds from 24option can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $35. And Binomo provides the ability to withdraw funds using Bank Wire, Visa/Mastercard, Cryptocurrency with a withdrawal fee of free. The time for withdrawal in 24option is 5 - 10 business days, and that one in Binomo is within 3 business days.
Overall, 24option boasts 3.9 stars versus Binomo 3.9 stars.