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.

World Forex vs Binomo Comparison Table 2024
Feature World Forex Binomo
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4
United States Flag
United States accepted
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3.4
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United States NOT accepted
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Summary

World Forex is an offshore broker registered in St Vincent and the Grenadines, offering commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.

World Forex offers binary options where you simply decide the stake, price direction and contract timeframe. The payouts are high at up to 100% on American contracts and 85% on European, which also offers a partial refund to traders who close contracts before expiry.

CFD Trading
World Forex's leveraged CFDs are available on a modest suite of 100+ instruments, including stocks, commodities and forex. Very high leverage up to 1:1000 is available for account balances up to $1000, with lower levels available to accounts with higher balances.

Forex Trading
World Forex offers CFD and digital contract trading on 53 forex pairs, including EUR/USD and GBP/EUR. High leverage is available for CFDs, which can be accessed with competitive spreads on certain account types.

Crypto Trading
Traders can access CFDs on crypto assets through World Forex's dedicated W-CRYPTO accounts, which offer leveraged cryptocurrency trading with spreads from zero. We rate that you can trade on 10 cryptos paired with the USD and EUR, while crypto-crypto pairs are also available.

Binomo is a beginner-friendly binary options broker that offers trading on forex, stocks and indices via high/low binary options on a simple web-based platform with payouts up to 90% and reliable service. The firm was launched in 2012 and is based offshore.

Binomo offers binary options trading around the clock, including the weekends. You can speculate on the short-term price movements of popular markets, from stocks to currencies. Payouts are competitive climbing to 90% and contracts start from just 1 minute.

Forex Trading
Binomo offers a competitive suit of currencies from majors like EUR/USD to exotics like EUR/MXN. But with contracts spanning 1 minute to 1 hour, the broker is best for short-term forex binary options traders.

Crypto Trading
Binomo offers 24/7 fixed time trades on a few major cryptos, including Bitcoin. However this is significantly less than alternatives like Focus Option which offers more than 80 digital tokens.

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
  • Apple Pay
  • Bitcoin Payments
  • Credit Card
  • Debit Card
  • Google Wallet
  • Mastercard
  • Perfect Money
  • Visa
  • Volet
  • Wire Transfer
  • Cashu
  • Credit Card
  • Doku Wallet
  • JCB Card
  • JetonCash
  • Mastercard
  • Perfect Money
  • Skrill
Regulator SVGFSA
Mobile Apps iOS, Android + Web Browser iOS and Android
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
  • Nasdaq
  • S&P 500
  • Dow Jones
  • Nasdaq
  • New York Stock Exchange
Commodities
  • Gold
  • Silver
  • Platinum
  • Palladium
  • Oil
  • Gold
  • Oil
  • Silver
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
  • 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
rating empty
rating full
4
United States Flag
United States accepted
» Visit
rating empty
rating full
3.4
United States Flag
United States NOT accepted
» Visit

FAQ

Is World Forex or Binomo better?

Overall we have rated World Forex (80%) higher than Binomo (67%), but there are additional factors to take into consideration. For example, does World Forex accept traders from your country and do they offer the kind of features or trading platforms you prefer? Use our easy comparison table to see if World Forex or Binomo is best for you.