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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.

Overall Rating

 
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
 
24option
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
Binomo
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Options
24option
Options
€10 fee per month
Binomo
Options
None - fixed payouts

Types of trading

Types of trading
Stocks Trading
Options Trading
Forex Trading
Crypto Trading
24option
Stocks Trading
Options Trading
Forex Trading
Crypto Trading
Binomo
Stocks Trading
Options Trading
Forex Trading
Crypto Trading

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4
24option
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4
Binomo
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4

Tools

Tools
Research & Analysis
Education
Demo account
24option
Research & Analysis
Education
Demo account
Binomo
Research & Analysis
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
24option
Android App
iOS App
Binomo
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
Cryptocurrency
24option
Minimum deposit
$250
Bank Wire
Visa/Mastercard
Cryptocurrency
Binomo
Minimum deposit
$5.00
Bank Wire
Visa/Mastercard
Cryptocurrency

Withdrawals

Withdrawals
Bank Wire
Visa/Mastercard
Cryptocurrency
Withdrawal Time
Withdrawal Fee
24option
Bank Wire
Visa/Mastercard
Cryptocurrency
Withdrawal Time
5 - 10 business days
Withdrawal Fee
$35
Binomo
Bank Wire
Visa/Mastercard
Cryptocurrency
Withdrawal Time
Within 3 business days
Withdrawal Fee
Free

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
24option
Сountry of Origin
Cyprus
Year Founded
2009
Regulated By
CySEC, IFSC
Binomo
Сountry of Origin
Seychelles
Year Founded
2014
Regulated By
International Financial Commission

Customer Service

Customer Service
Phone
Email
Live Chat
 
24option
Phone
+44 161 960 0200
Email
info.int@24option.com
Live Chat
Yes
Binomo
Phone
+441143033932
Email
support@binomo.com
Live Chat
Yes

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