World Forex vs Binomo
Compare World Forex and Binomo in this side-by-side table listing each broker’s features, platforms, instruments and much more.
| Feature | World Forex | Binomo |
|---|---|---|
 United States accepted |
United States NOT accepted |
|
| Summary | World Forex, an offshore broker in St Vincent and the Grenadines, offers commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts provide beginners an easy way to trade on major financial markets. World Forex provides binary options where you choose the stake, price direction, and contract duration. Payouts can reach up to 100% on American contracts and 85% on European contracts, which also allow a partial refund if contracts are closed early. CFD Trading Forex Trading Crypto Trading |
Binomo is an easy-to-use binary options broker for beginners, offering forex, stocks, and indices trading through high/low binary options on a simple web platform, with payouts up to 90% and reliable service. Established in 2012, it is based offshore. Binomo provides 24/7 binary options trading, even on weekends. Trade short-term price changes in popular markets like stocks and currencies. Enjoy competitive payouts up to 90%, with contracts starting at just 1 minute. Forex Trading Crypto Trading |
| Bonus | 100% Deposit Bonus | None |
| Instruments | Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts | Fixed Time Trades |
| Demo Account | Yes | Yes |
| Minimum Deposit | $1 | $10 |
| Minimum Trade | 0.01 Lots | $1 |
| Expiry Times | 1 minute - 7 days | 1 minute - 60 minutes |
| Ladder Binary Options | No | No |
| Boundary Binary Options | No | Yes |
| Payment Methods |
|
|
| Regulator | SVGFSA | |
| Mobile Apps | iOS, Android + Web Browser | iOS and Android |
| Mobile Trading | The WorldForex Trader Lite app provides limited mobile trading functions. It takes over 30 minutes to access the app due to a complicated account setup. The mobile interface is outdated and includes basic charts and order windows. It also operates slowly and may lag when switching features or placing trades. Overall, it is behind top competitors. | The Binomo app stands out with a full set of features, including a risk-free demo account and over 30 tools for technical analysis, allowing both new and experienced traders to navigate the markets confidently. It also offers a wide range of assets in different markets and the ability to use CFDs, providing many opportunities, all while having 24/7 support access. |
| Auto Trading | Yes | BinomoBot tracks 12 moving and 5 technical indicators and can be set up in than 3 minutes. |
| Copy Trading | Yes | No |
| Social Trading | No | No |
| Margin Trading | Yes | No |
| MetaTrader 4 | Yes | No |
| MetaTrader 5 | Yes | No |
| cTrader | No | No |
| AlgoTrader | No | No |
| OmniTrader | No | No |
| TradingView | No | No |
| Autochartist | No | No |
| eSignal | No | No |
| Trading Central | No | No |
| STP Account | Yes | No |
| ECN Account | Yes | No |
| DMA Account | No | No |
| MAM Account | No | No |
| PAMM Account | No | No |
| LAMM Account | No | No |
| Demat Account | No | No |
| AI / Machine Learning | No | No |
| Robo Advisor | No | No |
| Negative Balance Protection | No | No |
| Market Maker | No | No |
| P2P Trading | No | No |
| Spot Trading | Yes | No |
| Trade Signals | Yes | Yes |
| VPS Hosting | Yes | No |
| Tournaments | Yes | No |
| Demo Competitions | Yes | No |
| Ethical Investing | No | No |
| Islamic Account | Yes | No |
| Account Currencies | USD, EUR, RUB | USD, EUR |
| Stock Exchanges |
|
|
| Commodities |
|
|
| CFD Trading | Yes | No |
| CFD Leverage | 1:1000 | |
| CFD FTSE Spread | NA | |
| CFD GBPUSD Spread | NA | |
| CFD Oil Spread | NA | |
| CFD Stocks Spread | From 0.03 | |
| Forex Trading | Yes | Yes |
| Forex GBPUSD Spread | From 0.6 | |
| Forex EURUSD Spread | From 0.6 | |
| Forex EURGBP Spread | From 0.6 | |
| Forex Assets | 53 | 19 |
| Crypto Trading | Yes | Yes |
| Crypto Coins |
|
|
| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | No | No |
| Crypto Auto Market Maker | No | No |
|
United States accepted |
United States NOT accepted |