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Comparison Binomo vs IQ Option

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Binomo vs IQ Option. Which of them: Binomo or IQ Option a better online broker?

First of all, we’ll compare the commission fees of the two brokers. When analyzing trading options, the commission fees of Binomo is none, and that one of IQ Option is from 0.035%. The full online broker reviews contains more detailed information on the brokers’ commission fees.

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 Binomo provides customers with Options Trading, and IQ Option provides customers with Stocks Trading, Options Trading, ETFs Trading, Forex Trading, Crypto Trading. As for platforms, Binomo offers Web Platform, Android App, iOS App, while IQ Option 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. Binomo was founded in 2014 in Seychelles, and it is regulated by International Financial Commission. And IQ Option was founded in 2013 in Seychelles, and it is regulated by Not Regulated. We can withdraw funds from Binomo with the help of Bank Wire, Visa/Mastercard, Cryptocurrency, and its withdrawal fee is free. And IQ Option provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. The time for withdrawal in Binomo is within 3 business days, and that one in IQ Option is within 1 business day.

As a result, the rating of Binomo is 3.9 stars versus that of IQ Option of 3.9 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
IQ Option
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Forex Spreads
CFDs
Metals
Cryptocurrency
Binomo
Stock
N/A
ETFs
N/A
Options
None
Forex Spreads
N/A
CFDs
N/A
Metals
N/A
Cryptocurrency
N/A
IQ Option
Stock
From 0.16%
ETFs
From 0.018%
Options
From 0.035%
Forex Spreads
From 0.03%
CFDs
From 0.16%
Metals
From 0.093%
Cryptocurrency
From 0.064%

Types of trading

Types of trading
Stocks Trading
Options Trading
ETFs Trading
Forex Trading
Crypto Trading
Binomo
Stocks Trading
Options Trading
ETFs Trading
Forex Trading
Crypto Trading
IQ Option
Stocks Trading
Options Trading
ETFs Trading
Forex Trading
Crypto Trading

Platforms

Platforms
Web Platform
Binomo
Web Platform
IQ Option
Web Platform

Tools

Tools
Research & Analysis
Education
Demo account
Binomo
Research & Analysis
Education
Demo account
IQ Option
Research & Analysis
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
Binomo
Android App
iOS App
IQ Option
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
PayPal
Cryptocurrency
Binomo
Minimum deposit
$5.00
Bank Wire
Visa/Mastercard
PayPal
Cryptocurrency
IQ Option
Minimum deposit
$10
Bank Wire
Visa/Mastercard
PayPal
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
IQ Option
Bank Wire
Visa/Mastercard
Cryptocurrency
Withdrawal Time
Within 1 business day
Withdrawal Fee
Free

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
Binomo
Сountry of Origin
Seychelles
Year Founded
2014
Regulated By
International Financial Commission
IQ Option
Сountry of Origin
Seychelles
Year Founded
2013
Regulated By
Not Regulated

Customer Service

Customer Service
Phone
Email
Live Chat
 
Binomo
Phone
+441143033932
Email
support@binomo.com
Live Chat
Yes
IQ Option
Phone
+44 20 8068 0760
Email
support@iqoption.com
Live Chat
Yes

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