Binomo vs. FBS Comparison

This comparison overview helps users that have a hard time to select in between Binomo and FBS to discover the most effective online broker for their trading and financial investment demands. It assesses the main features of the two brokers side by side to assist individuals compare their solution and make an educated choice.

To assist customers pick the right broker in between Binomo and FBS to find the best-suited platform, listed below is a listing of broker’s advantages and disadvantages, complied with by a comparison of their major trading attributes, including trading platforms & devices, costs, mobile trading, down payment & withdrawal, properties, guideline, and client support.

Binomo vs. FBS: 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).

FBS logo

FBS is a CFD broker founded in 2009. It is regulated by two tier-one regulators ( the CySec and ASIC) and is therefore considered trustworthy. FBS offers access to over 100 forex pairs and a handful of stocks, stock indexes, commodities and CFDs.

FBS charges low stock and stock index trading fees. The broker also doesn’t charge inactivity, deposit and withdrawal fees, which makes their overall costs low. FBS’s proprietary webtrader platform has an intuitive design and allows MetaTrader 4 and 5 integration. As a non-dealing desk (NDD) and STP broker, FBS guarantees fast and reliable order execution.

FBS’s customer support is available via email, phone, and WhatsApp 24/7.

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 minimum deposit ($10)
  • Low spreads from 0.8 pips EUR/USD
  • Competitive stock trading fees
  • Compatibility with MT4 and MT5
  • Wide range of trading account types

Cons

  • Comparing others relatively few trading instruments are offered

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

  • Competitive overall fees
  • Compatible with MetaTrader 4 and 5
  • Access to 100+ forex pairs
  • Up to 1:500 leverage for professional traders
  • Standard, Cent, and Crypto accounts
  • Free courses, webinars, lessons, and signals

Binomo vs. FBS Comparison

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FBS logo

FBS

Open account Read review

75.2% of retail CFD accounts lose money

BROKER COMPARISON

Binomo-logo
FBS 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 1:3000
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

4.5

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 0.5 pips
Stocks & ETF 0 2.32 pips
CFD (Gold) 0 2,32 pips
Crypto 0 32.55 pips
Options 0 0
Conversion Fees 0
Misc. Fees 0
Overnight Fees

Mobile Trading

2.2

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

3.0

3.1

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

1.9

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 44
CFD Indices & Funds 0 11
CFD Stocks 0 98
CFD Commodities 0 6
CFD Crypto 0 30
CFD Bonds 0 0
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

4.5

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

Winner

Binomo vs. FBS Comparison Conclusion

The results of our comparison of Binomo vs. FBS are wrapped up in the table below.

Broker:Best For:
BinomoBinary Options Trading
FBSForex and CFD trading

Choosing the ideal choice in between Binomo and FBS can be challenging. Both on the internet brokers have resemblances however vary relating to trading instruments, systems & applications, regulation, down payment & withdrawals, and study and education. Picking the very best broker depends on customers’ trading & financial investment goals, specific 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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