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Comparison Binomo vs PaxForex

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

Firstly, let’s compare commission fees provided by these brokers for regular transactions. 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 PaxForex provides customers with Stocks Trading, Forex Trading, Crypto Trading. As for platforms, Binomo offers Web Platform, Android App, iOS App, while PaxForex offers Desktop Platform (Windows), Desktop Platform (MacOS), MT4, 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 PaxForex was founded in 2014 in St. Vincent and Grenadines, and it is regulated by Not Regulated. Withdrawal of funds from Binomo can be done using Bank Wire, Visa/Mastercard, Cryptocurrency with a withdrawal fee of free. And PaxForex provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of varies. The withdrawal time for Binomo is within 3 business days, and that one for PaxForex is within 1 business day.

As a result, the rating of Binomo is 3.9 stars versus that of PaxForex of 4 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
PaxForex
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
Options
Forex Spreads
CFDs
Metals
Cryptocurrency
Binomo
Stock
N/A
Options
None - fixed payouts
Forex Spreads
N/A
CFDs
N/A
Metals
N/A
Cryptocurrency
N/A
PaxForex
Stock
Spreads from 5 pips
Options
N/A
Forex Spreads
Spreads from 0.4 pips
CFDs
Spreads from 5 pips
Metals
Spreads from 50 pips
Cryptocurrency
Spreads from 95 pips

Types of trading

Types of trading
Stocks Trading
Options Trading
Forex Trading
Crypto Trading
Binomo
Stocks Trading
Options Trading
Forex Trading
Crypto Trading
PaxForex
Stocks Trading
Options Trading
Forex Trading
Crypto Trading

Platforms

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

Tools

Tools
Research & Analysis
Education
Demo account
Binomo
Research & Analysis
Education
Demo account
PaxForex
Research & Analysis
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
Binomo
Android App
iOS App
PaxForex
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
Cryptocurrency
Binomo
Minimum deposit
$5.00
Bank Wire
Visa/Mastercard
Cryptocurrency
PaxForex
Minimum deposit
$10
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
PaxForex
Bank Wire
Visa/Mastercard
Cryptocurrency
Withdrawal Time
Within 1 business day
Withdrawal Fee
Varies

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
Binomo
Сountry of Origin
Seychelles
Year Founded
2014
Regulated By
International Financial Commission
PaxForex
Сountry of Origin
St. Vincent and Grenadines
Year Founded
2014
Regulated By
Not Regulated

Customer Service

Customer Service
Phone
Email
Live Chat
 
Binomo
Phone
+441143033932
Email
support@binomo.com
Live Chat
Yes
PaxForex
Phone
+44 1259207457
Email
info@paxforex.com
Live Chat
Yes

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