Binomo and ExpertOption are two online trading platforms worth checking out. If you are a trader who wants to know which of these platforms is the better choice for you, you have come to the right place. This article covers the benefits of Binomo vs. ExpertOption, so read on.
Binomo
Binomo is a world-class online trading platform that offers high-quality services, a wide range of assets, and excellent support to clients across the globe. A category A member of the Financial Commission and certified by Verify My Trade (VMT), the company guarantees a reliable service to its users.
Binomo is present in more than 130 countries vs. to its competitors and is available to traders of all experience levels. Since its launch in 2014, Binomo has made global financial markets accessible to everyone.
Binomo always puts customer experience first, which is why it is so popular in the industry. It has also received FE and IAIR Awards, confirming its reliability. Let’s find out what advantages distinguish it from other platforms.
Benefits
Some of the benefits that investors in the Binomo platform enjoy are the following:
- Access to over 70 assets to trade.
- Protection of traders in case of disputes from an independent organization (the Financial Commission).
- Access to news on financial markets.
- Extremely efficient support service.
- Free tutorials for beginners include videos, articles, and pop-up notifications.
- Access to a demo account to test various strategies and indicators.
- Unique offers for VIP traders: increased cashback for an unproductive week, insurance of funds.
- The minimum deposit is $10, and the investment in the trade is from $1.
- Trading is available even on weekends.
- The ability to trade anytime, anywhere through the mobile app.
- There are no fees for withdrawing funds from Binomo vs. some platforms.
Currently, Binomo has over 900,000 active traders daily. The platform is also relatively simple and easy to use, which makes it a good choice for many, especially beginners.
ExpertOption
ExpertOption is another online trading platform committed to providing the best services to its clients. Launched in 2014, it has since strived continuously to offer investors easy access to the world’s financial markets regardless of location and time. The platform has over 55 million registered users.
The ExpertOption trading app has gained particular popularity. Today, it ranks as the 3rd most downloaded app on the Google Play list. Like its rival, Binomo, ExpertOption offers several benefits to traders, making it one of the most sought-after trading platforms online. Also, ExpertOption is an award-winning platform such as China Trading Expo, 2017.
Benefits
To date, ExpertOption boasts over 30 million completed trades every month. Below are the benefits that platform traders can enjoy:
- High-security standards. All data in the platform is encrypted with cryptographic algorithms. It means that the privacy and transactions of users are kept safe and secure from fraud and prying eyes. Visa and MasterCard verify the security standards of ExpertOption.
- Accurate quotes. Traders can expect to receive real-time market data from the world’s leading analytical agencies.
- Multi-device platform. Traders can access the platform on all types of devices anywhere. They can perform trading activities any time they want, regardless of the device they use and their location.
- Fast and easy-to-use interface. Even novices can begin to use the platform with ease.
- Availability of personal managers. ExpertOption boasts more than 100 account managers focused on each client’s needs.
- Access to over 100 assets to trade.
- No commission for deposits and withdrawals.
ExpertOption ensures that users can trade quickly and without delay through any available device.
Conclusion
Considering the different benefits of Binomo and ExpertOption, we can conclude that both platforms are perfect for those who are into trading online, whether they are beginners or already professionals. Both were launched in 2014, striving to provide the best services to clients across the globe.
However, ExpertOption vs. Binomo is represented only in 48 countries. Therefore, before starting trading, it is important to find out their advantages and whether the platform is available in your country.
Remember that no matter which platform you choose, the result of trading depends on your knowledge and ability to make a correct forecast. It is essential to improve your trading skills and not ignore the demo account.
