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Comparison Binomo vs TradeStation
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Binomo vs TradeStation. Is Binomo or TradeStation 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, and that one of TradeStation is 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 TradeStation provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Futures Trading, Crypto Trading. As for platforms, Binomo offers Web Platform, Android App, iOS App, while TradeStation offers 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 established in 2014 in Seychelles, and it is regulated by International Financial Commission. And TradeStation was established in 1982 in United States, and it is regulated by SEC, FINRA. We can withdraw funds from Binomo with the help of Bank Wire, Visa/Mastercard, Cryptocurrency, and its withdrawal fee is free. And TradeStation provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is $35 for US domestic withdrawals. The time for withdrawal in Binomo is within 3 business days, and that one in TradeStation is 3-5 business days.
Overall, Binomo boasts 3.9 stars versus TradeStation 3.8 stars.