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Comparison AvaTrade vs Binomo

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare AvaTrade vs Binomo. Which of them: AvaTrade 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. AvaTrade has a commission fee of spreads Vary, 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 AvaTrade provides customers with Stocks Trading, Options Trading, ETFs Trading, Bonds Trading, Forex Trading, Crypto Trading, Robo Advisor, and Binomo provides customers with Options Trading. Concerning the platforms, AvaTrade uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while Binomo uses 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. AvaTrade was established in 2006 in Ireland, and it is regulated by Central Bank of Ireland. And Binomo was established in 2014 in Seychelles, and it is regulated by International Financial Commission. We can withdraw funds from AvaTrade with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. And Binomo provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, Cryptocurrency, and its withdrawal fee is free. The withdrawal time for AvaTrade is 1 - 2 business days, and that one for Binomo is within 3 business days.

As a result, the rating of AvaTrade is 4.8 stars versus that of Binomo of 3.9 stars.

Overall Rating

 
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
 
AvaTrade
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
Stock
ETFs
Options
Bonds
Forex Spreads
CFDs
Metals
Cryptocurrency
AvaTrade
Stock
Average 0.13%
ETFs
Average 0.13%
Options
Spreads Vary
Bonds
0.03 Over Market
Forex Spreads
From 1.3 pips
CFDs
From 0.13%
Metals
From 0.4pips
Cryptocurrency
0.75% to 1.5% Over Market
Binomo
Stock
N/A
ETFs
N/A
Options
None - fixed payouts
Bonds
N/A
Forex Spreads
N/A
CFDs
N/A
Metals
N/A
Cryptocurrency
N/A

Types of trading

Types of trading
Stocks Trading
Options Trading
ETFs Trading
Bonds Trading
Forex Trading
Crypto Trading
Robo Advisor
AvaTrade
Stocks Trading
Options Trading
ETFs Trading
Bonds Trading
Forex Trading
Crypto Trading
Robo Advisor
Binomo
Stocks Trading
Options Trading
ETFs Trading
Bonds Trading
Forex Trading
Crypto Trading
Robo Advisor

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4
AvaTrade
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4
Binomo
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4

Tools

Tools
Research & Analysis
Social trading
Education
Demo account
AvaTrade
Research & Analysis
Social trading
Education
Demo account
Binomo
Research & Analysis
Social trading
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
AvaTrade
Android App
iOS App
Binomo
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
Cryptocurrency
AvaTrade
Minimum deposit
$100
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
AvaTrade
Bank Wire
Visa/Mastercard
Cryptocurrency
Withdrawal Time
1 - 2 business days
Withdrawal Fee
Free
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
AvaTrade
Сountry of Origin
Ireland
Year Founded
2006
Regulated By
Central Bank of Ireland
Binomo
Сountry of Origin
Seychelles
Year Founded
2014
Regulated By
International Financial Commission

Customer Service

Customer Service
Phone
Email
Live Chat
 
AvaTrade
Phone
+1-212-941-9609
Email
Contact Form
Live Chat
Yes
Binomo
Phone
+441143033932
Email
support@binomo.com
Live Chat
Yes

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