Binomo vs. FxPro Comparison

This contrast overview helps individuals who struggle to pick between Binomo and FxPro to discover the most effective online broker for their trading and investment needs. It evaluates the highlights of both brokers side by side to assist customers compare their solution and make a notified decision.

To aid individuals select the right broker in between Binomo and FxPro to find the best-suited platform, listed below is a list of broker’s advantages and disadvantages, followed by a comparison of their primary trading functions, including trading platforms & tools, charges, mobile trading, deposit & withdrawal, assets, guideline, and client support.

Binomo vs. FxPro: 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).

FXPro logo

FxPro is a reputable forex and CFD broker regulated by two tier-one regulators including the FCA and MiFID. They allow users to trade on over 2,200 tradable symbols including 400 CFDs on forex,shares, cryptos, indices and metals. FXPro users can choose from a variety of trading platforms including a proprietary platform (FxPro Edge), MetaTrader 4, MetaTrader 5, and cTrader. They also have access to various trading tools like Trading Central trading signals, over 50 indicators and a handful of charting tools.

FxPro trading fees are above industry average when compared to industry leaders like Pepperstone or IG. The broker’s minimum deposit requirement is $0.

Their customer support is available 24/7 by email, live chat, and phone in English, Arabic, and over 20 other languages.

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

  • Access to 2,200 tradable symbols
  • MetaTrader 4, MetaTrader 5, and cTrader integration
  • Fast order execution
  • Excellent customer support
  • Micro lot trading
  • Fast order execution

Cons

  • Only offers CFD and forex trading
  • Slightly above average trading fees
  • Inactivity fees

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

  • Access to 2,200 + tradable instruments
  • Wide range of mobile trading apps (FxPro edge, MT4, MT5 and cTrader)
  • Competitive forex spreads from 1.2 pips EUR/USD
  • MT4, MT5 and cTrader integration
  • Trading signals by Trading Central
  • Fast and reliable order execution below 14ms

Binomo vs. FxPro Comparison

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FXPro logo

FXPro

Open account Read review

75.18% of retail CFD accounts lose money

BROKER COMPARISON

Binomo-logo
FXPro logo

Overall rating

2,2/5

4,1/5

Overall rating

2,2/5

4,1/5

Trading Platform & Tools

1.4

4.7

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 100:1 500:1
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

3.6

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee $30 if no trades after 3 months $5
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0 1.1 pips
Stocks & ETF 0 0
CFD (Gold) 0 3.5 pips
Crypto 0 0
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

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

2.9

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 70
CFD Indices & Funds 0 42
CFD Stocks 0 2030
CFD Commodities 0 8
CFD Crypto 0 31
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. FxPro Comparison Conclusion

The results of our contrast of Binomo vs. FxPro are wrapped up in the table below.

Broker:Best For:
BinomoBinary Options Trading
FxProForex and CFDs; MetaTrader Broker

Selecting the appropriate selection in between Binomo and FxPro can be difficult. Both on-line brokers have similarities but differ pertaining to trading tools, systems & applications, law, down payment & withdrawals, and research study and education. Choosing the most effective broker depends upon users’ trading & financial investment goals, specific preferences, and experience level.

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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