Binomo is a regulated binary broker, that claims to both beginners and professional traders since the company has service package for each category of financial
Binomo loves to accentuate several aspects of their platform and service – reliability confirmed by the license of the financial regulator, security ensured with
modern SSL security certificates, high-tech features implemented in the proprietary trading platform and loyalty expressed in the availability of trading conditions.
General Information about the Broker
Start of working online – 2014
Regulation – CROFR
Platform – proprietary trading software
Demo account – on a real platform with virtual funds
Minimum deposit – $10
Minimum lot – $1
Related services – training, bonuses, promotions, tournaments
Support 24/5 in Russian
Withdrawal time – 4 hours to 3 days
Binary Options Trading With Binomo
Binomo has a minimum deposit of only $10, so binary trading is available to traders with any funds available. The minimum trade is only $1, so even with a bare
minimum trader can see what trading looks like. Binomo says that win rate is 85% on average, and may reach 90%, but we didn’t manage to prove these numbers.
In its platform, the broker has implemented modern technologies for trading and market forecasting. On the site, the clients are offered the optimal trading
Wide format chart with a scaling option
Adjustment features – various kinds of quotations display, wide choice of time frames
History of price movement
Set of technical indicators
Instant execution technology
Non-stop trading mode
Over 50 basic assets
Extended range of expiration periods – 60 sec. to one day
With the help of the described options, a trader can use all possible trading strategies and forecasting approaches, and thus diversify their trading.
Binomo Demo Account
It is worth noting that you can trade on this terminal using a demo account – for this purpose the broker provides you an unlimited amount of virtual funds and the
ability to carry out training in real market conditions. For beginners, this is an opportunity to learn trading without the risk of losing their funds, and for experienced players – a safe field
for creating and testing various trading strategies.
How to Open a Binomo Account?
You can open an account with the company within a few minutes. On the central page of the site, there is a quick registration form where you need to specify the
minimum set of data – email, password and deposit currency. After confirming the registration through the link in the email, you can get an access to your back office, where you can update your
account with the personal data.
It is worth noting that Binomo does not require additional verification – it’s enough to top up your account with the desired amount of funds and within a few
minutes after the funds are deposited to your account, you may start trading.
In terms of payment services, the broker supports the following payment providers: MasterCard/Visa, Neteller, WebMoney, Yandex.Money, Qiwi, which allow the funds to
be instantly credited, and the profit can be withdrawn within 4 hours to 3 days, depending on the amount of the deposit.
The company provides its clients not only with classic bonuses for the first and repeat topping up, but also constantly makes interesting promotional offers and
organizes tournaments where traders with any type of account, including a demo account, can get an opportunity to improve the effectiveness of their trading or to receive a prize with real
For topping up, an informative form is presented where you can immediately see the amount of bonuses (the amount of bonus funds for topping up depends on the funds
transferred and can reach 85%):
After choosing the amount and method of topping up, the client is being redirected to the secure area of the site where it is possible to safely fill in the form
with personal data. The form interface depends on the selected payment service:
It is also worth noting that the topped up amount depends on the type of the trading account: Standard, Gold or VIP – with a certain package of additional
Broker’s Additional Services
As it was said before, not only experienced traders, but also beginners can successfully trade using binary options on Binomo. The broker has created an extended
training program, which is implemented in the form of an interactive tutorial, video tutorials, step-by-step instructions and a stock exchange glossary (knowledge base). Thus, even players with
zero knowledge can quickly learn the art of option trading.