Binomo vs. ETX Capital Comparison

This comparison overview helps individuals that struggle to pick between Binomo and ETX Capital to locate the most effective online broker for their trading and investment demands. It analyzes the highlights of both brokers alongside to assist individuals compare their solution and make a notified choice.

To help individuals pick the ideal broker in between Binomo and ETX Capital to find the best-suited platform, listed below is a list of broker’s advantages and disadvantages, complied with by a contrast of their major trading attributes, consisting of trading platforms & devices, charges, mobile trading, down payment & withdrawal, assets, guideline, and consumer assistance.

Binomo vs. ETX Capital: Summary

Binomo-logo

Binomo is a binary options broker founded in 2014. It is not regulated and, therefore, not considered a safe broker. Their platform allows users to trade binary options on 60+ assets, including stocks, indices, commodities, and cryptocurrencies.

Binomo pays out up to 90% profit margin on correct predictions. The broker charges an inactivity fee of $10 after 30 days of inactivity.

Binomo’s customer support is available in Arabic and English via email (support@binomo.com).

ETX Capital logo

ETX Capital is a UK based brokerage firm founded in 1965. It offers access to over 6000 tradable instruments including shares, forex, commodities, crypto and CFDs. ETX Capital offers a variety of trading platforms and features including a pro version platform, copy trading app and MT4 integration.

ETX Capital charges competitive trading fees and offers multiple advanced order types including GTC, GSLO, and OCO.

ETX Capital customer service is available 24-7 through email, live chat, and phone.

Pros

  • Low minimum deposit ($10)
  • No hidden commissions or fees
  • High payouts of up to 90%
  • Multiple account types and bonuses
  • Cashback bonus for VIP members
  • Customer support in Arabic

Cons

  • Minimal trading platform compared to other brokers
  • Lengthy account verification procedure
  • Lacks education and research tools

Pros

  • Low spreads from 0.6 pips EUR/USD
  • Compatibility with MT4
  • Great choice of different trading platforms (desktop and mobile)
  • Fast account opening
  • Very good for Research and Education

Cons

  • The offer (and choice) of trading instrument could be better

Key features

  • Access to over 60+ binary options
  • Beginner-friendly user interface
  • Cryptocurrency trading options
  • Low minimum deposit of $10
  • $1 min. trade size
  • Multiple payment options

Key features

  • Low overall trading fees
  • Compatibility with MT4
  • Wide range of educational materials
  • Low, floating spreads
  • Advanced order types
  • Free unlimited demo trading account

Binomo vs. ETX Capital Comparison

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ETX Capital logo

ETX Capital

Open account Read review

73.85% of retail CFD accounts lose money

BROKER COMPARISON

Binomo-logo
ETX Capital logo

Overall rating

2,2/5

4,1/5

Overall rating

2,2/5

4,1/5

Trading Platform & Tools

1.4

4.2

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 100:1 400:1
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

4.0

4.9

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee $30 if no trades after 3 months 0
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0 0.6 pips
Stocks & ETF 0 0.4 pips
CFD (Gold) 0 0.4 pips
Crypto 0 Variable
Options 0 0
Conversion Fees 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

2.2

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

3.0

2.5

See details
Minimum deposit (in UAE) $10.00 $100
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

1.9

3.0

See details
Shares 0 0
ETF & Funds 0 0
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 0
Bonds 0 0
Forex Instruments 0 62
CFD Indices & Funds 0 30
CFD Stocks 0 5000
CFD Commodities 0 29
CFD Crypto 0 4
CFD Bonds 0 11
Binary Options 200 0
SWAPS 0 0
Saving Plans 0 0

Regulation

1.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

1.0

4.3

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

3.0

3.5

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

Binomo vs. ETX Capital Comparison Conclusion

The results of our contrast of Binomo vs. ETX Capital are involved the table below.

Broker:Best For:
BinomoBinary Options Trading
ETX CapitalForex and CFD trading

Picking the best selection between Binomo and ETX Capital can be hard. Both online brokers have resemblances but differ regarding trading instruments, platforms & apps, guideline, deposit & withdrawals, and study and education and learning. Choosing the best broker depends upon customers’ trading & financial investment goals, private preferences, and experience degree.

To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.

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