Binomo vs. Libertex Comparison

This comparison guide assists customers who battle to pick in between Binomo and Libertex to find the best online broker for their trading and financial investment needs. It analyzes the highlights of the two brokers side-by-side to aid customers contrast their solution and make an informed choice.

To help individuals choose the right broker in between Binomo and Libertex to discover the best-suited system, listed below is a checklist of broker’s benefits and drawbacks, adhered to by a contrast of their major trading functions, consisting of trading systems & tools, fees, mobile trading, down payment & withdrawal, possessions, law, and customer assistance.

Binomo vs. Libertex: 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).

libertex-logo

Libertex is a CySEC-regulated forex and CFD broker founded in 1997. Users can trade on various assets, including stocks, cryptocurrencies, forex, metals, indices, agricultural products, oil, gas, ETFs, and options. Additionally, Libertex offers several long-term investing options, such as ‘real dividend-paying stocks’. Trading platforms include a proprietary platform and the full MetaTrader suite.

Libertex trading fees are average compared to other forex and CFD brokers. They charge 0% commission on CFD and stock trading and forex spreads from 0.2 pips (EUR/USD). The broker additionally charges withdrawal fees on selected payment methods but doesn’t charge inactivity fees.

Libertex customer support is available through email (info@libertex.com), phone (+357 22 025 100), and live chat in English.

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 ($100)
  • Low spreads from 0,2 pips (EUR/USD)
  • MetaTrader 4 and 5 supported
  • Algorithmic trading and Expert Advisors allowed
  • No hidden fees or commissions

Cons

  • cTrader not supported
  • Limited selection of assets
  • Lacks in-depth education and research material

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 over 300 financial instruments
  • Commission-free stock and CFD trading
  • Low minimum deposit $100 (400 AED)
  • Full MetaTrader suite (MT4 and MT5)
  • Fast payouts for verified users
  • Award-winning trading platform

Binomo vs. Libertex Comparison

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libertex-logo

Libertex Review March 2024

BROKER COMPARISON

Binomo-logo
libertex-logo

Overall rating

2,2/5

4,2/5

Overall rating

2,2/5

4,2/5

Trading Platform & Tools

1.4

4.1

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 100:1 1:30
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading Mql5.com
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

4.0

4.3

See details
Withdrawal Fee 0 Depends on method
Deposit Fee 0 0
Inactivity Fee $30 if no trades after 3 months $10 USD after 180 days of inactivity
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0 0.1
Stocks & ETF 0 0
CFD (Gold) 0 2
Crypto 0 0
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

2.2

4.2

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

3.0

5.0

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

Assets

1.9

2.8

See details
Shares 0 116
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 53
CFD Indices & Funds 0 40
CFD Stocks 0 116
CFD Commodities 0 16
CFD Crypto 0 73
CFD Bonds 0 3
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

3.8

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. Libertex Comparison Conclusion

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

Broker:Best For:
BinomoBinary Options Trading
LibertexStock and Crypto CFD trading

Choosing the right option in between Binomo and Libertex can be challenging. Both on-line brokers have similarities yet differ pertaining to trading instruments, systems & applications, regulation, down payment & withdrawals, and research and education and learning. Choosing the very best broker depends upon individuals’ trading & financial investment objectives, 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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