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Comparison Binomo vs Vanguard
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Binomo vs Vanguard. Is Binomo or Vanguard a better online broker?
First of all, we’ll compare the commission fees of the two brokers. When analyzing trading options, the commission fees of Binomo is none, and that one of Vanguard is $7+$1 per contract (first 25). 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 Vanguard provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading. As for platforms, Binomo offers Web Platform, Android App, iOS App, while Vanguard 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 founded in 2014 in Seychelles, and it is regulated by International Financial Commission. And Vanguard was founded in 1975 in USA, and it is regulated by Various local Jurisdictions. Withdrawal of funds from Binomo can be done using Bank Wire, Visa/Mastercard, Cryptocurrency with a withdrawal fee of free. And Vanguard provides the ability to withdraw funds using Bank Wire with a withdrawal fee of $10. The withdrawal time for Binomo is within 3 business days, and that one for Vanguard is 3 Business days.
Overall, Binomo boasts 3.9 stars versus Vanguard 3.9 stars.