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    Binomo:Binomo is a Seychelles registered offshore Forex and CFD broker, established in 2014 to provide services to short-term traders and is not currently subject to any effective regulation.

    Abstract:Binomo is a Seychelles registered offshore Forex and CFD broker, established in 2014 to provide services to short-term traders and is not currently subject to any effective regulation.

      Basic Information & Regulation of Binomo

      Binomo is a Seychelles registered offshore Forex and CFD broker, established in 2014 to provide services to short-term traders and is not currently subject to any effective regulation.

      Security Analysis of Binomo

      The first and the most rigid indicator to measure a broker safe or not is to see if it is formally regulated. Binomo is currently an unregulated broker, which means that the safety of investors' funds and trading activities are not protected in any way, so investors are advised to stay away from Binomo.

      Market Instruments of Binomo

      Basic information for investors at Binomo Ping & Regulation

      Binomo is a Seychelles registered offshore Forex and CFD broker, established in 2014 to provide services to short-term traders and is currently not subject to any effective regulation.

      Accounts & Leverage of Binomo

      Binomo offers three types of live accounts: Standard (minimum initial deposit of $10), Gold (minimum initial deposit of $500), and VIP, which requires a deposit of $1,000/euro or currency equivalent. Moreover, Binomo also offers tournament accounts as well as demo accounts (containing 1,000 USD of virtual cash).

      Trading Platform Available of Binomo

      Binomo offers traders its own internal trading platform and a trading platform with a Mobile App (for tablets, iOS, and Android).

      Deposit and Withdrawal of Binomo

      Binomo supports traders to deposit and withdraw funds to their investment accounts via VISA, MasterCard, Advcash, WebMoney, Perfect Money, Bitcoin, and Litecoin payment methods with a minimum deposit amount of $10/£10 or equivalent amount of other currencies.

      Summary

      The main disadvantages of Binomo are:

      1. No regulation

      2. Non-MT4 trading platform

      3. No information on product spreads provided

      4. Not providing services in popular regions such as the United States, Canada, Australia, etc.

      


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    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
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