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 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 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
Select up to 3 Brokers
Binomo
ETX Capital
BROKER COMPARISON
Trading Platform & Tools
| 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
| 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 |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $10.00 | $100 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| 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 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| 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: |
| Binomo | Binary Options Trading |
| ETX Capital | Forex 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.