Binomo Trading

General Information & Regulation

Founded in 2008, Binomo Trading is allegedly a Securities Dealer registered in Seychelles with registration number 8423606-1 and authorised by the Financial Services Authority (FSA) with licence number SD025. The broker claims to provide its clients with forex and cryptocurrency trading with variable commissions on the web-based and mobile trading platforms, as well as a Bitcoin calculator.

Market Instruments

Binomo Trading advertises that it offers access to forex and cryptocurrencies of Bitcoin, Ethereum, Litecoin, Ripple and more.

Commissions

Binomo Trading reveals that it offers free commission for forex CFD and variable commission for DMA (Forex Direct).

Trading Platform Available

When it comes to trading platforms available, Binomo Trading says to give traders the Web, mobile apps, L2 Dealer, terminals and APIs. Anyway, we suggest you use MetaTrader4 or MetaTrader5 as the trading platform. As most traders know, the MT4 and MT5 are known as the most successful, efficient, and competent forex trading software. The MT4 offers an intuitive and user-friendly interface, advanced charting and analysis tools, as well as copy and auto-trade options. While the MT5 allows traders to execute trades on different financial markets through a single account and there is a hedging option.

Tools

Also, Binomo Trading provides its clients with a Bitcoin calculator as its trading tool, whose interface seems to be quite simple and easy to use, just as the following screenshot shows.

Deposit & Withdrawal

From the logos shown at the foot of the home page on Binomo Tradings official website, we found that this broker seems to accept deposits and withdrawals with Bitcoin, Bank Transfer, Perfect Money and PayPal, yet we cannot be sure if these payment options are all available. The minimum deposit requirement is $150, and there is no maximum deposit amount.

Customer Support

Binomo Trading‘s customer support can be reached by email: support@binomotradingfx.com.com, info@binomotradingfx.com.com or send messages online to get in touch. Company address: 2878 S Osceola Ave, Orlando, Florida 32806. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most brokers offer.