Summary
Neither World Forex nor Binomo accepts traders from United States. See the brokers that accept you →
Not available in United States 
| World Forex | Binomo | |
|---|---|---|
| Overview | ||
| 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: World Forex offers leveraged CFDs on over 100 instruments, including stocks, commodities, and forex. For account balances up to $1000, leverage can reach 1:1000, with reduced leverage for larger account balances. Forex trading: World Forex provides digital contract trading on over 50 forex pairs, like EUR/USD and GBP/EUR. It is one of the few binary firms offering daily technical analysis on popular currency pairs and trade calculators for European and American options to help plan setups and potential returns/losses. Crypto trading: Traders can access CFDs on crypto assets via World Forex's W-CRYPTO accounts, offering leveraged crypto trading with zero spreads. You can trade 10 cryptos paired with USD and EUR, and crypto-crypto pairs are available. | Binomo is a binary options broker providing trading in forex, stocks, and indices through high/low contracts on an easy-to-use online platform. It offers payouts up to 90% with dependable service. Established in 2014, 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: Binomo offers a competitive range of currencies from majors like EUR/USD to exotics like EUR/MXN. With contract times of 1 minute to 1 hour, this broker suits short-term forex binary options traders. Crypto trading: Binomo provides 24/7 fixed-time trading on a limited number of major cryptocurrencies, such as Bitcoin. This is much less than platforms like Focus Option, which offers over 80 digital tokens. |
| Instruments | Digital Contracts, Forex, CFD Stocks, Metals, Energies, Cryptos | Fixed Time Trades |
| Demo account | Yes | Yes |
| Minimum deposit | $1 | $10 |
| Minimum trade | $1 (Binaries), 0.01 Lots (Forex/CFDs) | $1 |
| Max payout | 100% (American), 85% (European) | 90% 99% via Dynamic Range Trading for VIPs |
| Expiry times | 1 minute - 7 days | 1 minute - 60 minutes |
| Ladder options | No | No |
| Boundary options | No | Yes |
| Platforms & tools | ||
| Mobile apps | iOS & Android via mobile web trader | iOS & Android (plus APK) |
| 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. |
| MetaTrader 4 | Yes | No |
| MetaTrader 5 | Yes | No |
| cTrader | No | No |
| TradingView | No | No |
| AlgoTrader | No | No |
| OmniTrader | No | No |
| Autochartist | No | No |
| eSignal | No | No |
| Trading Central | No | No |
| Auto trading | Yes | – |
| Copy trading | Yes | Yes |
| Social trading | No | No |
| AI / machine learning | No | No |
| Robo advisor | No | No |
| Trade signals | – | Yes |
| VPS hosting | Yes | No |
| Account & payments | ||
| Payment methods | Bitcoin Payments, Credit Card, Debit Card, Mastercard, Visa, Volet, Wire Transfer | Credit Card, Doku Wallet, Google Pay, JCB Card, JetonCash, Mastercard, Perfect Money, Skrill |
| Account currencies | USD, EUR, RUB | USD, EUR |
| 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 |
| Islamic account | Yes | No |
| Negative balance protection | No | No |
| Market maker | No | No |
| Margin trading | Yes | No |
| Tournaments | Yes | Yes |
| Demo competitions | Yes | No |
| Ethical investing | No | No |
| Markets | ||
| Stock exchanges | Nasdaq, S&P 500 | Dow Jones, Nasdaq, New York Stock Exchange |
| Commodities | Gold, Silver, Platinum, Palladium, Oil | Gold, Oil, Silver |
| Spot trading | Yes | No |
| P2P trading | No | No |
| 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 spread | 0 | – |
| Crypto coins | BCH, BTC, DSH, EOS, ETH, LTC, NEO, XMR, XRP, ZEC | ADA, BCH, BTC, LTC |
| Crypto lending | No | No |
| Crypto mining | No | No |
| Crypto staking | No | No |
| Crypto auto market maker | No | No |
| Visit | Read review | Read review |
Your capital is at risk. Never trade with more money than you can afford to lose.
FAQ
Is World Forex or Binomo better?
We have rated Binomo (67%) higher than World Forex (40%), but the overall rating can't be the only determining factor. For example, does Binomo accept traders from your country and do they offer the kind of features or trading platforms you prefer? Use the comparison table to see if World Forex or Binomo is best for you.
