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Comparison Binomo vs Interactive Brokers

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Binomo vs Interactive Brokers. Is Binomo or Interactive Brokers 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. Binomo has a commission fee of none, Interactive Brokers has a commission fee of $0 + $0.70 per contract. You can read more detailed information on commission fees in the online broker reviews.

It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Options Trading are provided to customers by Binomo and Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor are provided by Interactive Brokers. Concerning the platforms, Binomo uses Web Platform, Android App, iOS App, while Interactive Brokers uses Desktop Platform (Windows), Desktop Platform (MacOS), 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. Binomo was founded in 2014 in Seychelles, and it is regulated by International Financial Commission. And Interactive Brokers was founded in 1978 in United States, and it is regulated by NYSE, FINRA, SIPC. Withdrawal of funds from Binomo can be done using Bank Wire, Visa/Mastercard, Cryptocurrency with a withdrawal fee of free. And Interactive Brokers provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of $0. The time for withdrawal in Binomo is within 3 business days, and that one in Interactive Brokers is 3-5 days.

As a result, the rating of Binomo is 3.9 stars versus that of Interactive Brokers of 4.1 stars.

Overall Rating

 
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
Interactive Brokers
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Mutual Funds
Bonds
Forex Spreads
Futures
Metals
Cryptocurrency
Binomo
Stock
N/A
ETFs
N/A
Options
None - fixed payouts
Mutual Funds
N/A
Bonds
N/A
Forex Spreads
N/A
Futures
N/A
Metals
N/A
Cryptocurrency
N/A
Interactive Brokers
Stock
$0.005
ETFs
$0
Options
$0 + $0.70 per contract
Mutual Funds
$14.95
Bonds
0.1% of face value
Forex Spreads
0.20 basis points
Futures
$0.85 per contract
Metals
0.15 basis points
Cryptocurrency
$5 per contract

Types of trading

Types of trading
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor
Binomo
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor
Interactive Brokers
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
Binomo
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
Interactive Brokers
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform

Tools

Tools
Research & Analysis
Education
Demo account
Binomo
Research & Analysis
Education
Demo account
Interactive Brokers
Research & Analysis
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
Binomo
Android App
iOS App
Interactive Brokers
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
Cryptocurrency
Binomo
Minimum deposit
$5.00
Bank Wire
Visa/Mastercard
Cryptocurrency
Interactive Brokers
Minimum deposit
$0
Bank Wire
Visa/Mastercard
Cryptocurrency

Withdrawals

Withdrawals
Bank Wire
Visa/Mastercard
Cryptocurrency
Withdrawal Time
Withdrawal Fee
Binomo
Bank Wire
Visa/Mastercard
Cryptocurrency
Withdrawal Time
Within 3 business days
Withdrawal Fee
Free
Interactive Brokers
Bank Wire
Visa/Mastercard
Cryptocurrency
Withdrawal Time
3-5 days
Withdrawal Fee
$0

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
Binomo
Сountry of Origin
Seychelles
Year Founded
2014
Regulated By
International Financial Commission
Interactive Brokers
Сountry of Origin
United States
Year Founded
1978
Regulated By
NYSE, FINRA, SIPC

Customer Service

Customer Service
Phone
Email
Live Chat
 
Binomo
Phone
+441143033932
Email
support@binomo.com
Live Chat
Yes
Interactive Brokers
Phone
1 (877) 442-2757
Email
Email form
Live Chat
Yes

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