Binomo vs. TradeStation Comparison

This contrast guide aids users who have a hard time to select between Binomo and TradeStation to locate the best online broker for their trading and financial investment demands. It evaluates the main features of the two brokers side by side to aid users contrast their service and make an informed decision.

To aid customers pick the right broker in between Binomo and TradeStation to find the best-suited system, below is a listing of broker’s advantages and disadvantages, adhered to by a comparison of their major trading features, including trading platforms & tools, fees, mobile trading, down payment & withdrawal, possessions, guideline, and client support.

Binomo vs. TradeStation: 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).

Tradestation Global logo

Tradestation is an online brokerage company, founded in 1982. They offer access to a wide range of assets including 5,000 international stocks, OTCBB penny stocks and 2,000 ETFs.

Their trading platform has a variety of stock trading tools such as dynamic market-scanning tools, advanced order management tools, and fully customisable charts. Users have access through a web, desktop and mobile app (Android and iOS). Trade execution on the platforms is fast (under 0.040 seconds).

Their trading fees vary based on account selection. Pricing is below industry average on the most used accounts (select and GO). Minimum deposit is $2000 and there are no monthly charges.

TradeStation’s customer support is available by phone, email and live chat in English and Arabic.

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 ($0)
  • 0% commission stock and ETF fees
  • Extensive charting tools and features
  • Fast and reliable order execution
  • Trading automatisation capabilities
  • Vast stock scanning tools

Cons

  • Research and education section 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

  • $0 commission/stock trades(up to 15,000 shares)
  • Vast market coverage(5,000 international stocks and ETFs)
  • Fast and reliable order execution
  • Great Fundamental Research and Analysis Tools
  • Extensive Charting Tools and Features
  • Access To Back-Testing and Automated Trading

Binomo vs. TradeStation Comparison

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BROKER COMPARISON

Binomo-logo
Tradestation Global logo

Overall rating

2,2/5

4,9/5

Overall rating

2,2/5

4,9/5

Trading Platform & Tools

1.4

4.9

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 100:1 1:4
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

4.8

See details
Withdrawal Fee 0 $35
Deposit Fee 0 0
Inactivity Fee $30 if no trades after 3 months
Cost Per Trade 0 0
Cost Per Month 0 $4
Forex (EUR/USD) 0 0.6 pips
Stocks & ETF 0 $0.007 per share
CFD (Gold) 0 0
Crypto 0 0
Options 0 $5 + £0.60 per contract
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

4.9

See details
Minimum deposit (in UAE) $10.00 $0 ($2000 – Margin account; $25000 – Day Trading account; $5000 – Futures account)
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

1.9

5.0

See details
Shares 0 5 markets
ETF & Funds 0 2300
Crypto 0 11
Commodities 0 0
Indices 0 0
Options 0 10 Markets
Futures 0 11 Markets
Bonds 0 630
Forex Instruments 0 0
CFD Indices & Funds 0 0
CFD Stocks 0 0
CFD Commodities 0 0
CFD Crypto 0 0
CFD Bonds 0 0
Binary Options 200 0
SWAPS 0 0
Saving Plans 0 1

Regulation

1.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

1.0

4.8

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

Customer Support

3.0

5.0

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

Winner

Binomo vs. TradeStation Comparison Conclusion

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

Broker:Best For:
BinomoBinary Options Trading
TradeStationStock trading; Active traders

Selecting the best option in between Binomo and TradeStation can be difficult. Both on-line brokers have resemblances yet differ pertaining to trading instruments, platforms & apps, regulation, deposit & withdrawals, and research study and education. Choosing the most effective broker depends upon customers’ trading & investment objectives, specific choices, 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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