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Comparison Binomo vs Swissquote

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Binomo vs Swissquote. Which of them: Binomo or Swissquote 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 Swissquote is £1 per contract (Minimum £5). 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 Swissquote provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor. As for platforms, Binomo offers Web Platform, Android App, iOS App, while Swissquote offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App.

In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. Binomo was established in 2014 in Seychelles, and it is regulated by International Financial Commission. And Swissquote was established in Switzerland in 1996, and it is regulated by FCA, FINMA, DFSA, MAS, SFC. Withdrawal of funds from Binomo can be done using Bank Wire, Visa/Mastercard, Cryptocurrency with a withdrawal fee of free. And Swissquote provides the ability to withdraw funds using Bank Wire with a withdrawal fee of depends on account type. The withdrawal time for Binomo is within 3 business days, and that one for Swissquote is 1-2 working days.

As a result, the rating of Binomo is 3.9 stars versus that of Swissquote 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
Swissquote
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
Swissquote
Stock
From £15
ETFs
From £15
Options
£1 per contract (Minimum £5)
Mutual Funds
From £9
Bonds
0.3% (Minimum of £50)
Forex Spreads
Average spread of 1.3 pips
CFDs
From 0.06%
Futures
£1 per contract (Minimum £5)
Metals
£1 per contract (Minimum £5)
Cryptocurrency
Starting at 1%

Types of trading

Types of trading
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor
Binomo
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor
Swissquote
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
MT4
Binomo
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4
Swissquote
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4

Tools

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

Mobile App

Mobile App
Android App
iOS App
Binomo
Android App
iOS App
Swissquote
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
Cryptocurrency
Binomo
Minimum deposit
$5.00
Bank Wire
Visa/Mastercard
Cryptocurrency
Swissquote
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
Swissquote
Bank Wire
Visa/Mastercard
Cryptocurrency
Withdrawal Time
1-2 working days
Withdrawal Fee
Depends on account type

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
Binomo
Сountry of Origin
Seychelles
Year Founded
2014
Regulated By
International Financial Commission
Swissquote
Сountry of Origin
1996
Year Founded
Switzerland
Regulated By
FCA, FINMA, DFSA, MAS, SFC

Customer Service

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

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