Forex Broker

Binomo review


On-line since: 2014
Country of origin: United Kingdom
Regulation: FMRRC
Payment options: VISA, MasterCard, Maestro, QIWI, Webmoney, MoneyGramm, NETELLER, Skrill, Western Union, wire transfers
Minimum account size: $10
Minimum lot size: -
Leverage: -
Spreads: -

About the company:

Binomo is a brokerage company which provides services for the binary options trading. It appeared in the market in 2014. The company is located in the UK, however, it also has offices in Russia and the CIS.
Binomo offers standard trading methods, including short-term, long-term, and one-click trading as well as free trading signals helping traders take right decisions.
The broker gives access to 140 trading instruments, including currency pairs, indices, shares, and commodities. Profitability of most trading instruments exceeds 80% and of some touches 94%.

Binomo 7/10 (votes 3086)
Author of Binomo: Locena | Date 2020-06-26
Their trading platform was freezed and crashed in traffic time and when placing order. Binomo kept insisting that I did to get back the money that I earned from them. I will never believe with this broker. Broker that makes all traders disappointed. Their withdraws are very slow and customer service is falling asleep. Terrible. I don´t recommend.
Author of Binomo: Nosiomon | Date 2020-04-26
My experience with Binomo was hideous. Most often, their server routinely turns off and its made my loss every time. This completely amateur and they do not have any idea what they are doing. Due to this matter I was determined to close my account and withdraw my all of money. So I made a withdraw request of my reaming balance of $640 around 15 days ago and it doesn't work and I did not get any response from them! I recommend all of you stay away!
Author of Binomo: Lastri | Date 2020-03-23
They aren’t helpful at all and they also don’t provide bigger leverage. The spread go wild around important news announcements. They have hidden commission. Suddenly my deposit decreased. Messy system. When I check my client cabinet I saw that the charge $10 as transfer fee. Don’t do any trade or invest with them. My advice please stay away from Binomo or else you will have more loss in future.
Author of Binomo: Enrique | Date 2020-01-31
As much as possible, stay away from Binomo. My brother used to be a client of this broker. He was trading binary options and invested quite a huge amount on this broker however, this broker turned out to be a fraud. My brother was doing quite well on his trades and was earning well. When he tried to withdraw some of the profit, the broker did not allow it. My brother attempted multiple times but the broker never released his fund. In the end, the broker closed his account but did not return his money.
Author of Binomo: Losi | Date 2019-12-18
I opened an account with Binomo because of the positive reviews that i read on all forums last 4 months ago. I started from a small amount of $100 and noticed that the platform freezes a lot for no reason but I know that the orders were executed in time. They always had a slippages regardless of the volatility or not. Last week my pending order were triggered even when the price was 20pips away. Until now, i am contacting the support team but I havent received anything from them.
Author of Binomo: Maria Kinarya | Date 2019-09-13
I opened a real account to test the trading conditions they offer but they are the worst. The execution time is not less of 2 seconds. It takes around 1 minute, so the price is not the same at what you fixed. I deposit $100 in my first month of trading and lost it due to bad performance of the trading platform. Another problem is, the servers are not reliable. They connect and disconnect all the time. That make the trading very unstable. That's why I left the broker
Author of Binomo: Voxa | Date 2019-08-08
Binomo worse binary broker in the history of forex. Their option trading platform is the worst of all the time, last month my 36 options are closed on profit but later find they were closed on loss. When I contact with their support they said it is problem with my computer, so funny! Stay away from these guys ,
Author of Binomo: cowlamelia3 atgmail | Date 2019-07-17
Everywhere page I open that has to do with binaryoption or forex investments all have great customer reviews but when I tried investing with binaryoption, from plus option, to binomo to IQoption, I lost a lot. I still have someone helping me with my trades but I keep losing and now they want me to invest more money. I need to speak with people who have invested and had similar situations. Please reach out to me on my username
Author of Binomo: Agustin | Date 2019-06-19
The trading platform of Binomo is a good one. It very easy to operate and modify. However, there are times when the execution of orders is slow, sometimes taking almost a minute. In terms of financial reviews and reports, the broker provides everything on their website so we can access it anytime. But when I made my first withdrawal a month ago, it took a long time before being completely processed. The verification caused the delay even though I submitted all the required documents. In fact, I just received the fund two days ago so it has been a month already.
Author of Binomo: Shubhangi Dhall | Date 2019-05-08
Thank you for such an informative piece about Binomo. It is one of the best trading platforms I have ever used and it is recommended by so many of my friends. The support team of Binomo is truly amazing as is the interface of this platform and the fact that they give a demo version in which you are provided with $1000 to try your hands on trading is just phenomenal
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