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Comparison Binomo vs Plus500

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Binomo vs Plus500. Is Binomo or Plus500 a better online broker?

Firstly, let’s compare commission fees provided by these brokers for regular transactions. When analyzing trading options, the commission fees of Binomo is none - fixed payouts, and that one of Plus500 is from 2 pips. 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 Plus500 provides customers with Stocks Trading, Options Trading, ETFs Trading, Forex Trading, Futures Trading, Crypto Trading. As for platforms, Binomo offers Web Platform, Android App, iOS App, while Plus500 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 Plus500 was founded in 2008 in Israel, and it is regulated by FCA, CySEC, FSCA, FMA, MAS, ISA, ASIC. Withdrawal of funds from Binomo can be done using Bank Wire, Visa/Mastercard, Cryptocurrency with a withdrawal fee of free. And Plus500 provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of £0. The withdrawal time for Binomo is within 3 business days, and that one for Plus500 is 1-2 working days.

Overall, Binomo boasts 3.9 stars versus Plus500 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
Plus500
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Mutual Funds
Bonds
Forex Spreads
CFDs
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
CFDs
N/A
Futures
N/A
Metals
N/A
Cryptocurrency
N/A
Plus500
Stock
From 0.45%
ETFs
From £0
Options
From 2 pips
Mutual Funds
-
Bonds
-
Forex Spreads
From 0.6 pips
CFDs
From 0.065%
Futures
From 0.03%
Metals
From 0.03%
Cryptocurrency
From 0.47%

Types of trading

Types of trading
Stocks Trading
Options Trading
ETFs Trading
Forex Trading
Futures Trading
Crypto Trading
Binomo
Stocks Trading
Options Trading
ETFs Trading
Forex Trading
Futures Trading
Crypto Trading
Plus500
Stocks Trading
Options Trading
ETFs Trading
Forex Trading
Futures Trading
Crypto Trading

Platforms

Platforms
Web Platform
Binomo
Web Platform
Plus500
Web Platform

Tools

Tools
Research & Analysis
Education
Demo account
Binomo
Research & Analysis
Education
Demo account
Plus500
Research & Analysis
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
Binomo
Android App
iOS App
Plus500
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
Plus500
Minimum deposit
£100
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
Plus500
Bank Wire
Visa/Mastercard
Cryptocurrency
Withdrawal Time
1-2 working 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
Plus500
Сountry of Origin
Israel
Year Founded
2008
Regulated By
FCA, CySEC, FSCA, FMA, MAS, ISA, ASIC

Customer Service

Customer Service
Phone
Email
Live Chat
 
Binomo
Phone
+441143033932
Email
support@binomo.com
Live Chat
Yes
Plus500
Phone
-
Email
Yes
Live Chat
Yes

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