Binomo Review Trading App Download

Best Binary Options Brokers 2020:
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    Recommended Only For Experienced Traders!

Binomo Review

Introduction

Established in 2020, Binomo is a binary options broker registered in St. Vincent and the Grenadines under the trading name of Dolphin Corporation. They seem to offer everything that you would expect from a top level firm. While still awaiting CySEC licensing, they do hold an FMRRC certificate making them a regulated broker.

In addition to low trade requirements, they offer many other features. Various timed welcome bonuses and a demo account with $1,000 are just two of the benefits so you can start trading. They also offer comprehensive customer support and an excellent mobile trading experience for those who like to trade the markets on the move.

To find out more about this broker and whether they are the right choice for you, we have put together our comprehensive Binomo review. Our financial experts spend time analysing every aspect of trading with this particular broker to ensure that your trading experience is a good one. Find out more about why we think Binomo is an excellent choice.

In this review, you will learn:

    What makes Binomo stand out from their competitors The different trade types, payouts and assets available Why we think this broker is a good choice for traders

Risk Warning: The products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.

Ad Disclosure: Some of the links that you will find on this website are advertisements for which we do receive financial gain from referring new customers.

Account Types

There are many account types available from Binomo, all of which require different deposit amounts and offer a range of benefits:

Standard Account

You can open a Standard account with just $10. This is a real account and you get all of the benefits of the Binomo trading platform which include:

    Access to most of the assets (there are 70 in total on the platform) Profits of up to 85% Minimum $1 trades, great for new traders looking to enhance their trading skills Withdraw money in up to 3 working days Technical support and great customer service support

Gold Account

A Gold account requires a minimum deposit of $500. In addition to the above, Gold account holders receive an extended range of assets to choose from, faster withdrawals (up to 24 hours), increased bonuses, advice and analytical support plus a weekly cashback amount of 5%.

VIP Account

For those who are more serious about trading, a VIP account requires a minimum deposit of $1,000. VIP accounts give you, the account holder all of the above benefits plus bonuses of up to 100%, fixed trade profits of up to 87%, withdrawals in less than 4 hours and a weekly cash-back of 10%. It also gives you access to all assets on the trading platform.

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    Recommended Only For Experienced Traders!

Despite the proprietary trading platform offering a VIP account, the deposit is still low in comparison to other brokers who require a much larger deposit on their top end account. Low deposits further indicate that this broker is a fantastic choice for those that are new to trading.

Trade Types And Payouts

The trade types available from Binomo are a lot less than you would receive from other brokers. They only offer High/Low Options and Turbo Trades. Expiry times for High/Low options are 15, 30 and 60 minutes. Another sign of a low entry-level focused on new or inexperienced traders is the inclusion of the simpler pair options.

They are also restrictive on the number of assets available with a maximum of 70 only being available to VIP account holders. Payouts range from between 70% – 87% which depends on the type of account that you have.

High/Low Trades

High/Low Options are the classic type of binary options trading and are otherwise known as the Call/Put options. The aim of this is to predict whether the price of the asset that you select will go higher or lower than the current price by the expiry time.

The low deposit and minimum trade requirements add weight to their favourability.

Bonuses And Promotions

Special offers are available, but many are date sensitive and change from time to time. They are prominent on the website though so you don’t have to go looking for them. Welcome bonuses seem to range from 25% to 100%, but often they are a little more complicated. One example of this is the bonus that allows you to make a deposit and get up to $150 of free options.

Mobile Trading

Being able to binary options trade on the move is make or break for a broker in this age of digital technology. The best binary options brokers offer a mobile app with others providing at least a mobile responsive website that recognises the device you are using. Binomo also offers an app which is available on the App Store, for iOS users and Google Play, for those using an Android device. Both mobile apps offer the best trading conditions compared to the website in our opinion.

The beauty of using the Binomo app to trade is that you can set it up to receive notifications, something that you can’t do with the website version of the Binomo trading platform. So, when you login with Binomo, wherever you are in the world, and whatever you are doing, as long as you have an internet connection you can carry on mobile trading.

Deposits And Withdrawals

Standard account holders can open an account with a minimum deposit of just $10. For Gold and VIP holders this is more. It is easy to make a deposit using one of many accepted payment methods including personal credit cards like Visa and MasterCard. Once you have made a deposit, the funds are available immediately to trade on the market.

If you are making a withdrawal, you merely request the amount that you wish to withdraw. Ordinarily, there are no withdrawal fees however if you haven’t traded your deposit amount a required number of times, then you will be charged a 10% fee. The time it takes for the withdrawal to reach your account depends on the account status that you hold. For Standard Account holders, it is three working days. Withdrawals can be expedited to less than 4 hours if you have a VIP account.

Special Features

Binomo has lots of desirable features. Not least their demo account which gives you virtual funds of $1,000 in return for your email address. We have already mentioned the low deposit and minimum trade requirements which add weight to the favourability of Binomo as a beginner’s platform. Their customer support seems to be comprehensive, and they are contactable in some different ways.

Another feature of the Binomo platform is the analytical support and advice that is available to Gold and VIP Account holders. They also offer “free training” which includes an extensive knowledge base, great for traders who want to learn more about binary options trading effectively. Binomo investment do not currently offer Forex trading, look for Forex brokers if you want to trade Forex currency pairs.

Customer Support

Being able to access the broker with questions and concerns is essential, especially to new traders. If you have a problem or a query, you want to know that it will be dealt with quickly and efficiently. Binomo offers a live chat function. Just click the little red message icon at the bottom of the screen, whether on a desktop or a mobile device, to open up the live chat box. You will then see a list of language options.

Besides live chat support, there is also a contact link at the bottom of the website. Here you will find the opportunity to contact Binomo support via Skype or email. There is also an address and a message box. The message box has some fields including your name, email, telephone number and details of your message. They also have a Facebook page and Google maps embedded into their website. All of this would indicate that they are easy to get hold of and highly visible.

Here are the contact details for Binomo:

    Email – [email protected] Skype – support.binomo Address – Dolphin Corporation, First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines.

Conclusion

All in all, Binomo seem to be a good choice for the new trader. Our conclusion is largely down to the fact that they offer a minimum deposit of $10 and a minimum trade amount of $1. Even if you were only to deposit $10, you would be able to execute ten trades to test the platform. $10 is less than you would lose from one trade on many of the other popular platforms with a minimum trade requirement of $25. In addition to this, their demo account is straight forward enough to encourage most newbie traders to give it a go. All you need to enter is your email address.

Customer support seems reasonable, and the mobile trading experience is suitable for trading on the go. The site is intuitive and easy to navigate. In our opinion, if you are looking for a broker that suits the first-time trader, then Binomo seems like a good choice. We would also like to state that during our Binomo review, we conducted our fraud due diligence to see if this binary option broker was a scam or not. We managed to deposit and withdraw fund with no issues and as a result, have no problem with this broker at present.

Risk Warning: The products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.

Ad Disclosure: Some of the links that you will find on this website are advertisements for which we do receive financial gain from referring new customers.

Frequently Asked Questions

Is Binomo legit, will they scam me?

We have found no evidence to suggest that they might scam you, and the fact that they have been regulated for a few years without incident indicates that this is a safe broker.

Do they have a decent mobile or tablet app?

Yes, Binomo offers a mobile app for both iOS and Android users. Their website is also responsive. The apps are free to download and mean that you can trade on the move.

What bonus do they offer for new traders?

Binomo offers a variety of binary option bonuses that change regularly. They range from 25% to 100% and are deposit match bonuses. Match bonuses mean that you will get a bonus depending on the amount of your deposit.

Can I start trading on a free demo account?

You don’t need to make a deposit, enter your email and you receive $1,000 of virtual funds. You can then use the virtual platform to get yourself familiar with its functionality.

What’s the minimum deposit and trade amount?

The minimum deposit is $10. The amount is low in comparison to other binary options brokers. The minimum trade amount is just $1. Many brokers require a deposit of at least $25 with a minimum trade of this amount as well.

Jacob has been an author for us since our launch in 2020. He has over forty years’ experience in the financial sector and has held a variety of positions within financial services corporations and venture capitalist organisations.

Binomo

Create your own success story with the Binomo trading platform, designed to enable you to trade and earn at any time and from anywhere in the world.

Binomo is a convenient and easy-to-use tool for trading the most popular assets of the FOREX market: currency pairs like EUR/USD, GBP/USD, and many others, the shares of leading companies, and commodities.
We are chosen by millions of traders because we’ve made our trading platform accessible to everyone – a minimum deposit of only $10, and a minimum transaction size of $1.

For those who are just starting their journey in trading or those who want to improve their skills, we offer a free demo account with unlimited virtual funds.
– You can instantly credit your account balance and withdraw the funds you’ve earned within 24 hours.
– Our qualified support service will answer any question via the communication channel of your choice (Skype, email, phone, chat).
– Free training on the platform is at your disposal – video lessons, trading strategies, and an extensive knowledge base.
– Traders with VIP and Gold status are provided with a personal manager.
– Receive bonuses, participate in promotions and tournaments, and take advantage of special offers.

We wish you success in your future trading!

Quote history on the chart can now be viewed for any period in the past, not just for the last 4 hours.

Binomo Review and Tutorial 2020

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Binomo Facts & Figures

Leading Binary Options and Digital Options platform, offering high payouts, quick trading and a reliable service.

Instruments Binary Options
Demo Account Yes
Min. Deposit €/£/$10
Min. Trade €/£/$1
Regulated By
MT4 Integration No
Mobile Apps iOS and Android
Auto Trading No
Trade Signals No
Islamic Account No
Binary Options
Payout Percent 90

Binomo is a binary options broker (digital options), best known for their commitment to low trade requirements as well as a range of other advantageous features for new and veteran traders alike. This review covers all the details of the service Binomo provides, from the trading platform itself to trading mobile apps, demo accounts and account types. Read on to find out more about whether this service is the best pick for you.

Company Details

Originating in 2020, Binomo is a Seychelles-based company that is owned by Tiburon Corporation Limited.

Since the start, Binomo has been a highly targeted service specifically aimed at binary options traders.

The platform also offers cryptocurrency, forex and CFD trading in some form, but this isn’t the overall focus of the broker as a whole.

The broker is currently operating as an unregulated service, though they are a member of FinaCom and are presently working towards licensing under CySEC. Currently, they are rated as ‘Category A’ under the IFC, lending them additional credibility to potential traders.

Trading Platform

The Binomo trading platform is designed to be as practical, easy to use and convenient as possible for binary options trading.

On initial release, the company made use of SpotOption as their platform of choice. However, since then, the company has moved from ‘out the box’ solutions towards their own, practical design that meets the needs of its customers.

Developed to include a range of on-point features for traders, the current iteration of Binomo is anything but generic.

Efficiency and practicality are vital points for the broker, as well as offering competitive features to their trading customers such as daily tournaments.

These competitions are increasing in popularity for many online brokers, and Binomo is ahead of the curve when it comes to offering a practical, mobile-reactive and innovative platform that does it all for their specific customer base.

Assets/Markets

Binomo is host to more than 50 distinct assets that can be openly traded by traders signed up to their platform. These assets include a range of different markets and options, to provide trades with as much range and flexibility as possible.

Ideal for traders that don’t like to stick to one specific area of trade for too long, and instead prefer to mix things up.

Binomo specialises in high/low trading, which means it isn’t much available in terms of other contracts. But this limitation is easily overcome with the variety of options on offer – an enticing feature to many traders.

Binomo supports the trading of the following assets:

  • Currency pairings (GBP/USD for example)
  • Gold, Oil and similar commodities, including pairings
  • Bitcoin, Litecoin and other cryptocurrencies
  • Popular stocks such as Google and Disney
  • Indices, such as DAX or CAC40

With such a variety of assets and choices on offer to traders, it’s no surprise that Binomo continues to be a popular service for traders of all shapes and styles.

This is especially the case with more specialised assets, such as stocks, which may not be available from other similarly placed platforms.

For traders that specialise in crypto, however, a total of only three options are on offer – which is a considerable reduction in comparison to platforms that specialise in cryptocurrency over different assets and options.

Spreads and Commission

Binomo is typical as a binary options platform in that is does not charge any additional fee or cost for the use of their trading and brokerage services.

This is a great advantage to traders, as no fee is charged based on their commission either.

Binomo instead makes their money through the money that is generated when a trader makes a loss. This different way of processing their income is excellent for traders – especially those looking to ramp up their trading to the next level.

For VIP clients, there’s even more incentive for using the Binomo platform. Up to 100% on payouts is the standard, and combined with the reduced costs and absent fees, Binomo is fast looking better than ever for veteran traders – or even those that want to start out in a big way.

Leverage

Leverage isn’t a part of the language on the Binomo platform, which is reasonably common for binary options trading in general. For traders who consider leverage to be a dealbreaker, looking elsewhere might be their best bet. But despite this noticeable absence, there’s plenty of positives to Binomo that might make up for this failing.

Mobile Apps

Trading via mobile is bigger and better than ever, and Binomo has firmly leapt on that trend by offering an entirely smartphone-accessible platform. Also available through tablets, the Binomo mobile app is available for both Android users and those that prefer iOS.

Push notifications are utilised as a clever way to keep traders in the look on anything from their current trades to upcoming competitions and tournaments.

While some brokers offer reduced functionality in the app version of their platforms, Binomo’s offering is fully functional. Anything you can do on your desktop, you can also do from your smartphone. You could even ditch the desktop altogether if your preference is trading on-the-go.

Binomo is one of an increasing number of traders offering options and versatility, which is a plus point for the service in general.

Payment Methods

If you’re looking for a platform that offers easy and convenient payment, then Binomo has the advantage.

Because the broker offers their services to a varied and international base of customers, it means there’s far more choice depending on your location. Both MasterCard and VISA are supported, with additional options available based on your region and area.

The recommended deposit for your account is $500 to start. If you’re smart about it, you can even take advantage of promotions and offers to top that up by 100%.

For those starting small, the minimum deposit you can make is $10 – making Binomo fully accessible for traders of all sizes and scopes.

Demo Account

As with all the best online brokers, Binomo provides a complete and fully-functional demo account for potential customers to try out.

All you need to do to access the demo site is provide an email, and you’ll then be set up with $1000 in virtual cash to play around with. While some platforms offer a scaled-down option for their demo accounts, Binomo doesn’t hold back on their offering.

It’s possible to get a real feel for all the features of the platform, without ever spending a penny.

Deals and Promotions

Binomo is well-known for the range of promotions and deals they offer throughout the year. These include some of the classics, such as percentage top-ups on deposits, as well as some great sign-up bonuses.

These deals can change over time, so it’s best to keep tabs to find something that’s suited to your trading style.

In addition to the sign-up promotions and other deposit bonuses, traders that deposit $500 into their account will also be able to access a higher level of support and training through an assigned manager.

Regulation and Licensing

Binomo is currently considered unregulated in the brokerage industry. However, the company is now actively working towards gaining CySEC licensing as well as maintaining a Category A grade through the IFC.

The broker also holds certain certifications to operate in specific countries, though these additional requirements aren’t listed on their website.

Additional Features

Streamlined, easy to use and practical to navigate, Binomo has provided a simple platform that’s still full of great features for traders to use and implement. These include a range of different high-end analytical tools, as well as an integrated calendar and the tournaments feature.

The focus on the broker is one producing quality features that aid their traders, which means each new addition is solid, well-tested and bug-free on launch.

Account Types

Three tiers of accounts are offered for traders using Binomo.

As with many online brokers, these different accounts are specified based on the amount of funding you put into the platform. This means there’s no additional cost or specific programme membership required to increase your tier – all you need to do is increase the amount you deposit to change your account type over time.

The account types that Binomo offers are as follows:

  • Standard: offers basic access to the Binomo platform and tournaments feature with a $10 minimum deposit
  • Gold: offers access to strategy guides, faster withdrawals and management with a $500 minimum deposit
  • VIP: offers access to all privilege on the Binomo platform with a $1000 minimum deposit

Binomo makes it clear that even standard-tier traders gain access to everything they need to trade easily and effectively. The bonuses provided to higher-tier customers may be beneficial, but they certainly aren’t essential to get all you can out of the platform.

How To Trade Video

Benefits

If you’re a trader that’s considering a binary options trading platform, Binomo might be the broker for you. Here are just a few of the reasons why you might want to make this broker your trading platform of choice:

  • Accessible and fully functional demo account
  • Clear and easy to achieve tiering account system
  • Only $10 required to start trading
  • Custom-designed platform that works easily on mobile devices
  • Plenty of additional features and add-ons

Drawbacks

While there are plenty of positives to picking Binomo over other online trading platforms, there are also a few downsides to this specific broker. Here are a few reasons why you might want to think twice before you make your final decision:

  • Currently unregulated until CySEC licensing is achieved
  • Limitations on popular trading area such as cryptocurrency
  • No offline desktop software – online access only
  • Social trading and similar social features are not integrated into the Binomo platform

Trading Hours

As an international online trading platform, Binomo has round-the-clock availability for their trading services – perfect for night owls or those in different time zones. When it comes to some features, such as competitions and tournaments, specific time slots may apply.

Contact Details and Customer Support

Binomo readily offers support to their customers through several different methods, the most popular of which is live chat.

Live support is available directly through the Binomo platform, which means traders don’t even need to open a new window to chat through queries and problems with the support team. Live chat isn’t available 24/7 and may be choked up during busy periods.

A backup email support service is also provided, which responds typically within 24 hours: [email protected]

Finally, traders can get in touch with Binomo directly through their address:

First Floor, First St. Vincent Bank Ltd

St. Vincent and the Grenadines

Safety and Security

Security and safety is a top concern for Binomo as an online trading platform that operates across multiple countries. By creating their own secure platform with full encryption, the broker has established a high level of safety for their customers.

This is combined with safe and approved payment methods for withdrawals and deposits, further increasing the security of traders.

Binomo’s policy states that any customer funds up to the value of $20,000 are protected against fraud when using their platform, and they use up-to-date SSL encryption to boost their security even further.

With hacking more common than ever for online trading platforms, it’s crucial to be able to trust your chosen broker from day one.

Overall Verdict

What do we think of Binomo? As a binary options trading platform, Binomo has all the features needed to support traders – both new and veteran.

Their lack of fees and commission is also highly attractive to potential customers, especially when combined with a streamlined and user-focused platform design. If you’re looking to get into binary options trading, and you’re unbothered about the lack of crypto on offer, then Binomo might be a safe bet for you.

Once certification under CySEC is complete, Binomo will be a better prospect than ever. Not to mention well worth investigating.

Accepted Countries

Binomo accepts traders from Thailand, South Africa, India, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use Binomo from Canada, United States, Australia, Mali, Austria, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Greece, Hungary, Ireland, Italy, Germany, Laos, Lithuania, , Malta, Netherlands, Poland, Portugal, Romania, Slovenia, Slovakia, Spain, Norway, , Sweden, United Kingdom, Cyprus, Switzerland, Israel, Singapore, Hong Kong, New Zealand, Iran, Japan, Russian Federation, Belarus.

Binomo

Min. Deposit10$ Demo AccountYes, Free
  • Rating
  • Binomo has all the necessary products to begin trading and putting your money to work.
  • Free demo-account whith 10000$.
  • Website gives off a professional appearance and instills confidence.

Visit site

Advancements in technology continue to promote new investment options for investors and traders alike. That being said, this article will go over Binomo.com, a binary options, Forex, CFDs & cryptocurrencies trading platform. When searching for the right platform to use, it is important to fully understand and know the entity you are entrusting with your money. All of that being said, let us dive into a comprehensive overview of Binomo.com and what they offer.

What is Binomo?

From a quick glance, they appear to have an emphasis on the technology side of trading. The company is a trading platform that allows users to benefit from up and down moves in the underlying asset. Binomo’s website states they are, “…a trading platform on which you can ear on rises or falls in currency exchange rates and prices for shares or commodities”.

They aim to attract all levels of traders by allowing for smooth trading tool utilization. Given the various trading platforms out there that use binary options or binary style products, it is critical that the process is easy and approachable. With the clean website appearance, the first glance appears to be a pleasant one.

Reasons to Sign Up at Binomo

We could compile the following reasons to sign up at Binomo:

  • Sophisticated online trading platform offering a wide variety of financial assets
  • Analytical services
  • Ideal for new as well as seasoned traders
  • High-quality online trading tutorials
  • Excellent customer support
  • Quotes from top agencies
  • SSL secured online broker

How Does Binomo Work?

How Binomo appears to work is when you land on the homepage of the website is you can sign up right away on the upper right hand corner. From there, they give you ability to test a trade out and explain a few other options on their website. The ways you can trade include an “up” trade or a “down” trade. As you might expect, if you believe the market is going up, you would choose an up trade and if the market is going down you would choose a down trade.

Is Binomo a Reliable Service?

As with any platform or financial institution, the first question you should be asking is the service reliable. Binary options have gained a reputation of being misleading so next we’ll dive into Binomo’s appearance as it pertains to reliability.

At first glance, their website gives off a professional appearance and instills confidence. There are some out there that are lacking in professionalism and that can be a deterrent right out of the gate. From there, we’ll want to look at what regulations govern the company and if they are officially regulated by any independent agency.

According to their regulations page, they are a member of the Financial Commission, which is “…a neutral and independent dispute resolution organization that specializes in financial markets”. Since May of 2020, the company has been an “A” category member of the Financial Commission. Essentially this means that Binomo is attempting to be transparent in their operations and provide confidence in their platform.

Diving into a little more detail on the Financial Commission and how it benefits traders is first protection up to $20,000 per claim. Secondly, should the need to file a claim arise, you have access to a neutral and impartial party. Lastly, your claim will be resolved with speed.

Promotions 2020 at Binomo

Right now, Binomo is running a Super VIP Tournament. VIP traders can participate in this promotion to win their share of a prize pool of $35,000. The first prize winner gets $10,000. You have to pay a registration fee of $100 to participate in this tournament. You can later reset your tournament balance for $15 only.

In addition, all registered participants will be automatically entered into a lucky prize draw. If you win this draw, you can take home a brand new iPhone11.

Interestingly, the Super VIP Tournament is not the only tournament at Binomo.com. Online trading tournaments are the biggest selling points of this online broker. You will always find a tournament in progress at Binomo.com. These trading tournaments not only give you the opportunity to learn more about online trading, but also hone your skills and win some nice prizes. The prize funds are enormous and the participation fees are quite affordable.

Terms and Conditions

Binomo has what they call a client agreement, which essential are the standards you will be held to should you choose to utilize the Binomo platform. Readiing through the terms and conditions is important because should an issue or question arise, odds are it is addressed in this document.

The first line of the client agreement states that the company is incorporated under Saint Vincent and the Grenadines law. These are the laws that the company will operate under, unless the move where they are headquartered.

Other items this include are how disputes are handled, as well as other items relating to trading and risks. Regardless if you use Binomo or another platform, be sure to read the legal information to ensure you are properly informed and not blind sided by something.

Mobile Platform

Given the growth of technology and speed with which information is transmitted, having access to the platform and markets at all times is critical. Binomo does offer both an iOS and Android app that allows you to access your account and platform.

The only place that seems to have information regarding the mobile platform is near the middle section of the home page. They have QR codes that you can scan, which likely take you to the applications store of your choice to download the app. It also appears there is an app for the iPad. Having a mobile presence is crucial and Binomo has that covered.

Binomo Account Types

As with any trading platform, you should review the different types of accounts and find what fits your needs. For instance, a platform for should at least offer a demo account. This allows you to test drive their platform for free, without risking any of your capital.

First, Binomo does in fact offer a demo account that gives you a risk free look at the platform. The demo account is free to use and is populated with virtual funds in the amount of $1,000 or $50,000. That being said, check out Binomo for yourself and see if it a right fit for you by opening up a free demo account here!

Secondly and the first option for a live account is the Standard option. According to the accounts page, this account offers full functionality of the trading platform. Profit states it is at 85%, a minimum trade amount of $1, participation in tournaments, and ability to withdraw profits in up to three working days. There are many other benefits be these are a few for the standard account.

Thirdly, the Gold account starts from $500 and offer everything the Standard account offers plus a number of privileges. The Gold account offers an extended list of assets available to trade, expedited withdrawal procedure, up to 24 hours, yield on trades are up to 86%, and investment insurance bonus instruments. It seems this could be a solid option if you are looking to take your account to the next level.

The fourth and final account is the VIP account, which starts at $1,000. This is for, “large deposits and offers an individual program account service and exclusive trading conditions”. Benefits include bonuses up to 100%, trade profits up to 87%, ability to withdraw in less than 4 hours, and weekly cash back of 10%.

Regardless of which you choose, there appears to be an option to fit most traders needs. Ensuring you have the right account can put your money to work in the most efficient way.

How To Open A Demo Account

At a quick glance, in order to open a demo account you can utilize the Facebook or Google log in option. If you choose not to use those options, you can then enter an email and password to open an account. For those of you located in the United States, you are unable to utilize this platform.

Opening a demo account is a stress free way to engage with the platform without risking any capital. If you want to open a demo account, click here! Ensure this is the right fit for you without risking your capital. Once you’ve test drove the platform, you can begin looking at a live account as you see fit.

Binomo Deposits/Withdraws

Lastly, we’ll cover the deposit and withdraw process. According to the FAQ page, you can fund your account using a plethora of options, which include Visa, MasterCard, Neteller, and even cryptocurrencies such as Bitcoin and Litecoin. These varieties allow many people to have access to depositing funds to the platform. The FAQ page also states that credits to your account are instant, allowing you to access the market quickly.

When it comes time to withdraw funds from you account, the minimum amount you can withdraw is $10. You can withdraw your funds to the same account your credited, which are listed above. The length of time it takes to process withdraws can take up to three business days. Overall, the withdraw and deposit process appears to be standard. However, when you deposit funds and take a bonus, ensure you meet the bonus criteria before withdrawing; otherwise you will be assessed a fine.

How to Find Help at Binomo.com

Finding information is not at all difficult at Binomo.com. You will find all the information you are looking for in the Knowledge Base or the Frequently Asked Questions (FAQ) section.

You can also email your questions or issues to [email protected] Alternatively, you can write to Dolphin Corp, First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines.

The online broker also encourages social interaction via its accounts on YouTube, Instagram, and Facebook. You will find a map on the contacts page, which tells you the exact location of Binomo offices.

Conclusion – Should You Register at Binomo?

Overall, this trading platform has all the necessary products to begin trading and putting your money to work. However, it appears to be lacking in a few areas such as education, compared to other binary option platforms on the market. The other item to consider the there are not regulated by CySEC, although their website states it is pending. Binomo seem to be a straightforward trading platform that will get the job done, but if you are looking for more Binomo may not be the platform for you. Have you ever traded on this platform? Leave a comment below if you have and let the community know what you think. Also, if you have any questions leave a comment below as well, that way a potential user of the platform can answer.

I used Binomo when I started trading in September 2020. It was very helpful!

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    The Best Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education.
    Free Demo Account.
    Get Your Sign-Up Bonus Now!

  • BINOMO
    BINOMO

    Recommended Only For Experienced Traders!

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