Binomo Review

MIN. DEPOSIT $10
Up to 650% PAYOUTS
Up to 80% BONUS
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Binomo
Up to 80%
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Overview

Broker information Domiciled in the offshore haven – Cyprus – Binomo is perhaps the broker that offers the highest payouts in the binary industry. In addition, the trading range and… more

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Details

BrokerBinomo
Website URLhttps://binomo.com/en
Founded2014
HeadquartersStagord Resources Ltd Vasileos Pavlou, 60 Agios Dometios, 2360, Nicosia, Cyprus
Support Number 8 800 555-71-85
Support TypesPhone, E-mail, Skype
LanguagesEnglish, Russian
Minimum 1st Deposit$10
Minimum Trade Amount$2
Maximum Trade Amount$2,000
BonusUp to 80%
PayoutUp to 650%
Free Demo Account No
Regulated Yes
RegulationRegulated by FMRRC. Pending regulations from CySEC and CPO
Deposit MethodsWebmoney, VISA, MasterCard, Yandex Money, Qiwi, Neteller, Mobile Commerce
Withdrawal MethodsWebmoney, VISA, MasterCard, Yandex Money, Qiwi, Bank Transfer, Skrill
Expiry TimesFrom 60 seconds to 12 hours.
Types of AssetsCurrencies, Commodities, Indices, Stocks
Account CurrencyEUR, USD, GBP, RUB
US Traders Allowed No
Islamic Account: No
Mobile Trading Yes
Tablet Trading Yes

Full Review

Broker information

Domiciled in the offshore haven – Cyprus – Binomo is perhaps the broker that offers the highest payouts in the binary industry. In addition, the trading range and minimum deposits at Binomo are one of the lowest among other binary brokerages. If you add to that the fact that it has developed an excellent trading platform which revolves around customer satisfaction, security, and convenience, you will end up with great trading experience.

The website comes in English, Indonesian, Spanish, Malay, Thai, Vietnamese, Russian, Chinese, and Portuguese. Binomo is sternly overseen by the Financial Market Relations Regulation Center (FMRRC) and is expecting licences from CySEC and CPO.

Accounts

Four different accounts are available at Binomo. No deposit is needed to open a Free account. To start trading via a Standard account, a user must place a minimum deposit of $10. This is undoubtedly one of the lowest in the gigantic binary niche. Those traders who would like to commence their trading through a Gold account have to first fund it with at least $500. The VIP account is available for trades after a minimum amount of $1,000 has been deposited. For any type of account at Binomo, the minimum investment is $1.

Deposit and Withdrawal Options

Replenishing at Binomo, which is dedicated to provide the soundest and safest security for its avid members, is instant. The methods for doing that comprise Webmoney, VISA, Yandex Money, MasterCard, Qiwi, Neteller, and Mobile Commerce.

Withdrawals at Binomo come with no associated costs which is what makes the broker unique. Most other brokerages will charge a lump sum amount of money after the first withdrawal. The options for withdrawals include Yandex.Money, QIWI, Neteller, WebMoney, and Mobile Commerce. The minimum withdrawal amount is to the tune of $10 or 500 RUB.

Credit card withdrawals will usually require around 3 to 5 working days, while those through the e-wallets and the alternative payment systems need only 1 day after approval. Traders are obliged to accompany their requests with personal information and scanned documentation in an effort to verify the account’s authenticity.

Features

Binomo offers a great variety of trading options. The “One Touch” option at Binomo can yield a mind-bending 650% payout. The “60 Seconds” option at the broker varies from 1 minute to 5 minutes. The “Long Term” option’s expiration time may be up to 1 full year. The classical binary options’ times of expiry are up to 12 hours. All these options may bring returns of up to 94%.

Education

The education center of Binomo is dedicated to ensure the ongoing success of its esteemed customers. There is a unique eBook teaching the fundamentals of trading binary which also includes a glossary with financial terms and concepts. Trading signals, daily reviews of the market, and advanced analytics are also available at traders’ disposal. Registered clients may also derive benefit from a personal account manager.

Customer Support

Clients may reach support through an online form, e-mail, and one fixed telephone line. There is also a Skype assistance available at Binomo which turned out to be very professional, attentive, and provided in a timely manner.

Bonuses/Promotions

Free account holders may get familiar with the platform by using 20 free deals from Binomo to get income in their balances. They are entitled to up to 10 financial actives for trading. Standard account have up to 15 financial actives for trading and can participate in tournaments. Users with Gold accounts get up to 18 financial actives for trading, higher income rates, one-day withdrawals, as well as a personal manager and advice in regards to trading. The perks for the VIP account are a personal account manager, trading advice, up to 21 financial actives for trading, and higher income rates. Withdrawals are made within 4 working hours.

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