Binomo Review
Rating:
- Up to 90% Payout (Amount is credited to account in case of successful investment)
- Free No Deposit Demo Account
- $10 Min Deposit
General risk warning: your capital is at risk
Binomo is a very popular binary options and CFDs trading broker with new and experienced traders alike thanks to its advantageous features. In this review, we will go into detail about the functionality provided by Binomo, and see an overview of the trading platform itself to give you all the information you need before opening an account on Binomo.
Table of Contents
What is binomo ?
Binomo is a broker popular with DayTraders which started operating in 2014. It is a broker specializing in short term trading, Binary Option and CFDs Trading.
It is a member broker of FinaCom. Binomo is a category “A” member registered with the International Financial Commission, which guarantees binomo’s clients the quality of service and the protection of a neutral and independent dispute resolution body.
This broker won the FE Award in 2015 and the IAIR Awards in 2016 as the best online trading platform.
Next we will give you all the information you need to know before registering on this online trading platform
Trading Platform
Some broker uses white label platforms designed by external companies, Binomo used this type of platform at the beginning of its activity. Since then, they have radically changed to give better trading conditions thanks to their own new tailor-made platform to meet the needs of its users.
This broker provides access to a trading platform designed to be simple, modern, and intuitive which will suit beginners as well as expert traders. The Binomo trading platform includes a range of 20 chart and indicator tools to make chart analysis easier for you.
Thanks to the integration of the economic calendar and fast order execution, the Binomo trading platform is superior to many other alternatives on the market. For traders who like to trade on smooth and mobile-friendly trading platforms, Binomo could be a great choice.
Assets and Markets
You can trade more than 40 different assets on Binomo, This binary option broker offers their clients a wide range of assets which is always advantageous for traders who want to trade in different markets or test trading strategies on different assets.
This Online broker only offers High / Low type trading contracts in addition to CFD contracts. Here is an overview of the markets you can trade with this broker:
- Actions
- Forex currency pairs
- Indices
- commodities
- cryptocurrencies
This makes Binomo a good broker to trade a wide variety of assets. If you opt for GOLD or VIP Binomo status, there are even more assets available.
Binomo app
The mobil app is designed to be simple and intuitive for trading and market analysis.
This trading app makes it easy for you to explore new opportunities in the global market when you are on the go. You can trade over 50 trading assets and use a variety of analytical tools from your mobile devices. The Binomo app is available for free on Android and IOS devices.
Payment Methods
It is very easy to deposit and withdraw your money on Binomo. With this broker you have a wide variety of payment methods to make your deposits and withdrawals. This broker gives you the possibility to make your deposits and withdrawals with the following methods: Visa, MasterCard and Maestro credit and debit cards, Perfect Money, Neteller, Payeer, Advcash, JCB, Jeton Wallet, Bitcoin / Litecoin and other payment options depending on your country.
Demo Account
The Demo account is available for free after registering. Binomo offers the possibility of trading with $ 1000 on a demo account. Although the main competitor offers more virtual money to trade on a demo account, you can refill the demo account as many times as you want. It still gives you the opportunity to improve your trading skills and explore the platform, test your strategies and discover for yourself a wide range of trading opportunities. When you feel ready to switch to real money trading, you can make your first deposit.
Bonus and Promotions
Binomo offers bonuses ranging from 25% to 100% of your deposit. When bonuses are available they are indicated on the website itself. This varies over time and is not always available. You should take into account that after receiving a deposit bonus you cannot withdraw your money and the bonus is directly.
According to the terms and conditions of the bonus program, before you can withdraw your money, it is necessary to achieve a certain trading turnover. You have no obligation of the period during which you must make the turnover. If you have received a bonus and want it canceled, you can contact binomo customer service and request a cancellation. For more information on granting or canceling a bonus, we invite you to read carefully the terms and conditions on their official website
Contact Details and Customer Support
The easiest way to contact Binomo customer service is by email at: [email protected] . We recommend that you use the same email address you used when registering. If you already have an account on Binomo, you can also easily contact them directly by chat. to contact them by chat log into your account.
Binomo review conclusion:
Binomo is a broker that offers you the possibility to trade with a minimum deposit of only $ 10 and a minimum transaction amount of $ 1. Their trading platform is fluid and intuitive, with fast order execution which is an excellent point for all traders. To be able to withdraw money, as with all online trading brokers, you need to verify your account, which is quick and easy in the case of Binomo. You have the option to try the platform for free via demo mode and they have attentive and responsive customer support, so Binomo is a good choice for Trading in good condition.