Contents
- 1 What is Binomo ?
- 2 Regulation and Security
- 3 The Binomo Trading Platform
- 4 Binomo Account Types and Features
- 5 Trading Instruments
- 6 Bonuses and Promotions
- 7 Deposit and Withdrawal Methods
- 8 Binomo accepted country
- 9 Customer Support
- 10 Educational Resources
- 11 Pros and Cons
- 12 Conclusion
- 13 Binomo FAQ
- 13.1 What is Binomo?
- 13.2 Is Binomo safe?
- 13.3 Does Binomo offer a demo account?
- 13.4 What is the minimum deposit on Binomo?
- 13.5 What is the minimum trade amount on Binomo?
- 13.6 What payment methods does Binomo accept?
- 13.7 What is the maximum payout on Binomo?
- 13.8 What account types does Binomo offer?
- 13.9 Does Binomo offer bonuses?
- 13.10 Is Binomo available in my country?
- 13.11 How can I contact Binomo customer support?
| Category | Details |
|---|---|
| 🌟 Broker | Binomo |
| 🏢 Company Name | Dolphin Corp |
| 📍 Headquarters | Kingstown, Saint Vincent, and the Grenadines |
| 📅 Online Since | 2014 |
| ⚖️ Regulation | FMRRC |
| 🎮 Demo Account | Yes |
| 💵 Minimum Deposit | $10 |
| 💳 Deposit Options | Credit/Debit Cards, E-wallets, Cryptocurrencies |
| 🌐 Deposit Currencies | USD, EUR, and more |
| 💲 Minimum Trade | $1 |
| 💰 Maximum Trade | Varies |
| 📈 Binary Option Types | High/Low, Turbo |
| 📊 Max Payout | Up to 90% |
| 🎁 Bonus | Up to 100% Deposit Bonus |
| 🖥️ Trading Platform | Proprietary Web Platform |
| 📱 Trading App | iOS, Android |
| 💹 Trading Instruments | Forex, Stocks, Commodities |
| 📊 Number of Instruments | Over 70 |
| ⏳ Early Closure | No |
| 🇺🇸 US Traders Accepted | No |
| 📞 Customer Support Types | Email, Live Chat |
| 🛠️ Tools Offered | Indicators, Trading Signals |
| 🏆 Awards | Best Trading Platform (several regional awards) |
| 🗣️ Languages | English, Spanish, Portuguese, Hindi, and more |
Disclaimer: Trading involves significant risk. Ensure you understand these risks and seek independent advice if necessary.
What is Binomo ?
Binomo is a prominent online trading platform that has garnered attention for its user-friendly interface and diverse asset offerings. Established in 2014 and operated by Dolphin Corp, headquartered in Kingstown, Saint Vincent, and the Grenadines, Binomo caters to traders across more than 130 countries, including India, Brazil, Indonesia, and Turkey.
Regulation and Security
Binomo is a Category “A” member of the International Financial Commission (IFC), an independent self-regulatory organization that ensures the protection of traders’ interests. This membership provides clients with up to €20,000 in compensation through the IFC’s compensation fund in case of disputes. Additionally, Binomo is certified by the Verify My Trade (VMT) quality certificate, which confirms the platform’s adherence to industry standards.
The Binomo Trading Platform
Binomo offers a proprietary web-based trading platform designed for both beginners and experienced traders. The platform features a clean interface with customizable charts, technical analysis tools, and real-time data. For traders who prefer mobile access, Binomo provides applications for both iOS and Android devices, ensuring seamless trading on the go.
Binomo is a comprehensive trading platform designed to cater to both novice and experienced traders. It offers a suite of features aimed at enhancing the trading experience:
Analytical Tools
The platform provides over 20 graphical tools to assist in chart analysis, including trend lines, Fibonacci retracements, and various indicators. These tools enable traders to perform in-depth technical analysis, facilitating informed decision-making.
Economic Calendar Integration
An integrated economic calendar keeps traders informed about significant financial events, such as central bank meetings, economic indicators releases, and geopolitical developments. This feature aids in anticipating market movements and planning trades accordingly.
Non-Stop Trading Mode
Binomo’s non-stop trading mode allows users to open multiple positions simultaneously without waiting for previous trades to conclude. This feature is particularly beneficial for traders employing strategies that require rapid execution and management of multiple trades.
Demo Account
A free demo account with $10,000 in virtual funds is available for practice. This account mirrors real market conditions, enabling traders to test strategies and familiarize themselves with the platform without financial risk.
Low Minimum Trade Amount
The platform allows trades starting from as low as $1, making it accessible for traders with varying budgets. This low entry threshold encourages participation from a broad spectrum of traders.
Mobile Trading App
Binomo offers a mobile application compatible with iOS and Android devices, ensuring that traders can manage their accounts and execute trades on the go. The app retains full functionality, including access to analytical tools and account management features.
Educational Resources
The platform provides comprehensive educational materials, including tutorials, webinars, and strategy guides. These resources are designed to enhance traders’ skills and knowledge, supporting continuous learning and development.
Binomo Account Types and Features
Binomo offers a range of account types to cater to traders with varying levels of experience and investment capacities. Below is a detailed overview of each account type and its associated features:
| Account Type | Minimum Deposit | Available Assets | Profitability | Withdrawal Processing Time | Additional Benefits |
|---|---|---|---|---|---|
| Demo | None | All assets | N/A | N/A | $10,000 in virtual funds for practice |
| Standard | $10 | 30+ assets | Up to 84% | Up to 3 business days | Access to tournaments, bonuses up to 100% |
| Gold | $500 | 40+ assets | Up to 86% | Up to 24 hours | Personal manager, weekly cashback of 5%, exclusive strategies |
| VIP | $1,000 | 50+ assets | Up to 87% | Up to 4 hours | VIP manager, weekly cashback of 10%, increased bonuses, exclusive tournaments |
| Prestige | $3,000* | 75 assets | Up to 90% | Up to 4 hours | High-priority service, deposit bonuses up to 300%, free access to private tournaments, Cashback Plus (10% weekly + 5% monthly), Insurance Plus, Privilege Hour |
Key Features:
- Demo Account: Ideal for beginners, this account provides $10,000 in virtual funds, allowing users to practice trading strategies without any financial risk.
- Standard Account: Requires a minimum deposit of $10, granting access to over 30 assets and potential profitability of up to 84%. Withdrawals are processed within 3 business days, and users can participate in tournaments and receive bonuses up to 100%.
- Gold Account: With a minimum deposit of $500, traders gain access to over 40 assets and increased profitability of up to 86%. Additional perks include a personal manager, weekly cashback of 5%, exclusive strategies, and faster withdrawal processing within 24 hours.
- VIP Account: Designed for seasoned traders, this account requires a minimum deposit of $1,000. It offers access to over 50 assets, profitability up to 87%, a dedicated VIP manager, weekly cashback of 10%, increased bonuses, exclusive tournaments, and expedited withdrawal processing within 4 hours.
- Prestige Account: The highest status, attainable by depositing $3,000 or more within a month. It provides access to 75 assets, profitability up to 90%, high-priority service, deposit bonuses up to 300%, free access to private tournaments, enhanced cashback (10% weekly plus 5% monthly), Insurance Plus, and Privilege Hour for increased asset profitability.
Each account type is structured to provide a tailored experience, ensuring that traders can select an option that aligns with their individual trading goals and expertise.
*Note: The Prestige status is temporary and requires maintaining the deposit threshold to retain its benefits.
Each account type is tailored to meet specific trading needs, ensuring a suitable option for every trader’s goals and expertise level.
Trading Instruments
Binomo offers a diverse selection of trading instruments across various asset classes, enabling traders to diversify their portfolios and capitalize on different market opportunities. Below is a comprehensive list of the available assets:
| 🌟 Asset Class | 🎯 Available Instruments |
|---|---|
| 💱 Currency Pairs | EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CHF, USD/CAD, EUR/GBP, EUR/JPY, GBP/JPY, NZD/USD, and more. |
| 🛢️ Commodities | Gold, Silver, Crude Oil, and other major commodities. |
| 📊 Indices | S&P 500, NASDAQ, FTSE 100, DAX 30, Nikkei 225, and other leading global indices. |
| 📈 Stocks | Shares of prominent companies such as Apple, Google, Amazon, Microsoft, Tesla, and others. |
| ₿ Cryptocurrencies | Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and other popular digital currencies. |
This extensive range of assets allows Binomo traders to engage in various markets, tailoring their trading strategies to their individual preferences and risk tolerance.
- Currencies: Major and minor currency pairs.
- Stocks: Shares of leading global companies.
- Indices: Major global indices.
- Commodities: Gold, silver, oil, and more.
- Cryptocurrencies: Popular digital currencies like Bitcoin and Ethereum.
This variety enables traders to diversify their portfolios and explore multiple markets.
Bonuses and Promotions
Binomo offers various bonuses, including deposit bonuses that can reach up to 100%, depending on the account type and promotional campaigns. These bonuses provide traders with additional funds to enhance their trading potential.
Binomo offers a variety of bonuses and promotions to enhance the trading experience for its users. Below is a table summarizing the key types of bonuses available:
| Bonus Type | Description | Eligibility & Activation |
|---|---|---|
| Welcome Bonus | A one-time bonus that increases the first deposit by 50%. | Available upon confirming your email after registration. Activate within the first 30 minutes of account creation. |
| Deposit Bonus | A bonus added when making a deposit; the amount depends on the deposit size. | Available during the deposit process. Select the “Bonuses, offers, coupons” option when depositing. |
| No-Deposit Bonus | A fixed amount credited to the real account without requiring a deposit. | Obtained through ongoing promotions, newsletters, or for VIP users via a personal manager. |
| Coupon/Promo Code | Special codes that provide additional benefits, which can be combined with deposit bonuses. | Acquired through promotions on the Binomo platform, newsletters, or social media channels. |
| Risk-Free Trades | A set number of trades with a predefined investment amount, where losses are not deducted from the account balance. | Typically provided to VIP status traders by their personal manager. |
Additional Information
- Trading Turnover Requirement: To withdraw bonus funds, a specific trading turnover must be achieved. For example, a $10 bonus with a leverage factor of 35 requires a trading turnover of $350.
- Bonus Activation and Expiry: Some bonuses must be activated within a certain timeframe and used within a specified period. Non-deposit bonuses should be activated within 3 days of being credited and used within 5 days.
- Single Active Bonus Policy: Only one bonus can be active at any given time. To activate a new bonus, the current one must be completed or canceled.
These bonuses aim to enhance trading opportunities and provide added value to Binomo users. Understanding the terms and conditions associated with each bonus type is crucial to fully benefit from them.
Deposit and Withdrawal Methods
Binomo offers a variety of deposit and withdrawal options to cater to traders worldwide. The availability of specific methods may vary depending on your country of residence. Below is a comprehensive table outlining the available options by type:
| Type | Deposit Options | Withdrawal Options |
|---|---|---|
| Bank Cards | Visa, Mastercard, Maestro | Visa, Mastercard (availability may vary by country) |
| E-Wallets | Skrill, Neteller, Perfect Money, Advcash, PhonePe, Dana, and others | Skrill, Neteller, Perfect Money, Advcash, and others |
| Bank Transfers | Direct bank transfers (processing time: 3-5 business days) | Direct bank transfers (processing time: 3-5 business days) |
| Cryptocurrencies | Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and other major cryptocurrencies | Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and other major cryptocurrencies |
Important Considerations:
- Processing Times: Deposits via bank cards and e-wallets are typically processed instantly, while bank transfers may take 3-5 business days. Withdrawals to e-wallets are usually processed within 1 business day, whereas bank card and bank transfer withdrawals may take 3-5 business days.
- Minimum Amounts: The minimum deposit and withdrawal amount is generally $10 or the equivalent in your local currency.
- Verification: Account verification is required for withdrawals to ensure security and compliance.
- Fees: Binomo does not charge fees for deposits or withdrawals; however, your payment provider may apply its own fees.
Please note that the availability of specific payment methods may vary based on your country of residence. For the most accurate and up-to-date information, it’s recommended to consult Binomo’s official resources or contact their customer support.
The minimum deposit is $10, and the minimum trade amount is $1, making it accessible for traders with varying budgets. Withdrawal processing times vary based on the account type, with VIP accounts enjoying expedited processing.
Binomo accepted country
| Region | Countries |
|---|---|
| Africa | Algeria, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Congo, Djibouti, Egypt, Equatorial Guinea, Eswatini, Ethiopia, Gabon, Gambia, Guinea, Guinea-Bissau, Ivory Coast, Kenya, Lesotho, Liberia, Madagascar, Malawi, Mauritania, Mauritius, Morocco, Mozambique, Namibia, Niger, Nigeria, Rwanda, Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, Somalia, Sudan, Tanzania, Togo, Tunisia, Uganda, Zambia |
| Asia | Bangladesh, Bhutan, Brunei, Cambodia, India, Indonesia, Kazakhstan, Kyrgyzstan, Laos, Malaysia, Maldives, Mongolia, Nepal, Pakistan, Philippines, South Korea, Sri Lanka, Tajikistan, Thailand, Turkmenistan, Uzbekistan, Vietnam |
| Europe (Non-EU) | Armenia, Bosnia and Herzegovina, Georgia, Iceland, Liechtenstein, Montenegro, North Macedonia, Norway, Serbia, Turkey, Ukraine |
| Middle East | Bahrain, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Yemen |
| Latin America | Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Guyana, Honduras, Mexico, Panama, Paraguay, Peru, Suriname, Uruguay, Venezuela |
| Oceania | Fiji, Kiribati, Marshall Islands, Micronesia, Nauru, Palau, Papua New Guinea, Samoa, Solomon Islands, Tonga, Tuvalu, Vanuatu |
Customer Support
Binomo provides 24/7 customer support through multiple channels:
- Email: support@binomo.com
- Live Chat: Accessible via the platform for instant assistance.
- Phone: +18499366003
Support is available in multiple languages, catering to a global clientele.
Educational Resources
To assist traders in making informed decisions, Binomo offers a comprehensive suite of educational materials, including tutorials, webinars, and detailed articles covering various trading strategies and market analyses. These resources are designed to enhance traders’ knowledge and proficiency.
Pros and Cons
Pros:
- Low minimum deposit and trade amounts.
- User-friendly platform with mobile compatibility.
- Comprehensive educational resources.
- Diverse range of trading instruments.
Cons:
- Not available to traders in certain countries, including the U.S.
- Limited advanced trading tools for professional traders.
Conclusion
Binomo stands out as a reliable and accessible trading platform, offering a range of features tailored to both novice and experienced traders. Its commitment to security, diverse asset offerings, and robust customer support make it a noteworthy option for those looking to engage in online trading. However, potential users should be aware of regional restrictions and assess whether the platform aligns with their trading needs.
Disclaimer: Trading involves significant risk. Ensure you understand these risks and seek independent advice if necessary.
Binomo FAQ
What is Binomo?
Binomo is an online trading platform for forex, stocks, commodities, and cryptocurrencies.
Is Binomo safe?
Yes, Binomo is regulated by the IFC and uses SSL encryption for security.
Does Binomo offer a demo account?
Yes, a free demo account with $10,000 in virtual funds is available.
What is the minimum deposit on Binomo?
The minimum deposit is $10. Demo account are free and without deposit
What is the minimum trade amount on Binomo?
Trades start from $1.
What payment methods does Binomo accept?
Binomo accepts Visa, Mastercard, Skrill, Neteller, cryptocurrencies, and bank transfers.
What is the maximum payout on Binomo?
The maximum payout is up to 90%.
What account types does Binomo offer?
Binomo offers Demo, Standard, Gold, VIP, and Prestige accounts.
Does Binomo offer bonuses?
Yes, including welcome, deposit, and no-deposit bonuses.
Is Binomo available in my country?
Binomo operates in over 130 countries but not in the USA, Canada, EU countries, Australia, and a few others.
How can I contact Binomo customer support?
Binomo provides 24/7 support via email at support@binomo.com and live chat.