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Comparison Binomo vs Trading 212
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Binomo vs Trading 212. Is Binomo or Trading 212 a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. You can read more detailed information on commission fees in the online broker reviews.
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 Trading 212 provides customers with Stocks Trading, ETFs Trading, Forex Trading. As for platforms, Binomo offers Web Platform, Android App, iOS App, while Trading 212 offers Web Platform, 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 Trading 212 was established in 2004 in Bulgaria, and it is regulated by FCA, FSC. We can withdraw funds from Binomo with the help of Bank Wire, Visa/Mastercard, Cryptocurrency, and its withdrawal fee is free. And Trading 212 provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is 0. The time for withdrawal in Binomo is within 3 business days, and that one in Trading 212 is 0-5 days.
As a result, the rating of Binomo is 3.9 stars versus that of Trading 212 of 4.3 stars.