Binomo Review
Binomo is registered in Cyprus. Since May 2018 is a member of category “A” of the International Financial Commission. The attitude of many traders to this commission is, to put it mildly, negative. The broker does not have other regulators, which raises doubts about his honesty. Liquidity provider is Thomson Reuters.
It is a leading provider of analytical information for businesses and professionals. We combine industry knowledge and innovative technologies to provide the necessary data to leading professionals in the field of finance, risk, law, taxation and the media.
Trading conditions:
- Min. Deposit: $10;
- Min. bid: $1;
- Trading instruments: 140 (rare currency pairs, precious metals, and cryptocurrencies);
- Indices (Dow Jones, CAC40, NASDAQ, S & P500 and others);
- Securities of well-known corporations (Google, BMW, Apple, Daimler, Barclays and others);
- Demo;
- Bonus when registering for a demo account: $50 000;
- Unique non-stop trading: Time is money. Don’t wait for a few minutes to continue trading;
- Withdrawal: up to 3 days;
- Min. withdrawal amount: 10 EUR/USD;
Trading platform:
Binomo represents one of the world’s best trading terminals of its own design, the advantages of which allow broker clients to easily convert received signals into good profits. The platform works in the browser, and on any mobile device (Android, iOS.).
It is possible to configure the platform – change the color of the work schedule, change the timeframe, and also place various indicators on the chart, which are not so many in the platform set, only 5. It is also possible to switch to the lightweight version of the platform if someone has a poor Internet.
Options Trading:
In the Binomo platform, there is only 1 type of option “classic”, which was created using the “3 in 1” technology. That is, due to the fact that under this option you can set the expiration period from 1 minute to 12 hours, then, in fact, three types are synthesized in this type of option (turbo options, classical and long-term). The yield of Binomo options is 87%, which is quite a competitive offer for the option market.
Deposit and withdrawal of funds
Broker provides various opportunities to replenish the deposit and withdraw funds from it:
- Bank transfer to the personal account.
- Bank cards (Mastercard and Visa).
- Electronic systems: (WebMoney, Neteller, Union Pay).
- And even on the balance of the phone.
Training
In the training materials, the broker did not become greedy, and provided customers with a good knowledge base in video materials. Description of numerous strategies, as well as a trader glossary. Also, everyone is available with support for 24.7, and daily forex news.
Also in the big plus of Binomo is the organization of regular actions on webinars for its clients.
The same broker arranges tournaments for clients with good prize places.
Important! Withdrawal of earned funds is possible only on the same payment system with which the account was replenished. This step was taken in order to exclude possible fraudulent actions with account finances in case of hacking.
