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This web resource is meant for accomplished traders who are interested in changing their broker and also beginners who are in search of their first broker. Every visitor to ForexRating can compare forex brokers available in the market nowadays and choose the best company to suit their needs. Apart from a comparative analysis of forex brokers, the web resource contains an honest rating of forex brokers which are ranked entirely on the grounds of your votes. By ForexRating, you can judge a degree of trust that traders put in a particular forex broker.

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Binomo reviews

6/10 (votes 4557)

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On-line since: 2014
Country of origin: Cyprus, Seychelles
Regulation: FMRRC
Payment options: Visa and MasterCard cards, WebMoney, Yandex.Money, Skrill, wire transfer
Minimum account size: $10
Minimum lot size: -
Leverage: -
Spreads: -

Binomo is a Russian broker, one of the market`s leaders in binary options trading. The company is oriented towards Russian clients. It is regulated in the territory of the Russian Federation and has the FMRRC`s license.

The company offers high-quality services for options trading with a large number of trading instruments. There are more than 50 available assets, including shares of such companies as Google, Apple, IBM and others.

Transactions are conducted on the broker`s own platform developed specifically for options trading. Its main advantages are Non-stop trading, options from $1, and access to the market at weekends. Besides, trading with Binomo is available through the app for iOS and Android.

Traders can improve their skills on a demo account; also the technical support which works 24/7 will always help you with any questions. Binomo has a large educational section, which contains analytical reviews, useful materials, and interesting ideas for trust management.

There is also a large section with promotions and contests on the broker`s website. Anyone who will take part in the tournament among demo accounts has an opportunity to win the main prize of $150. The competition is held twice a week, Mondays and Thursdays. In addition, all new clients receive some options as a gift for further trading. Other promotions can be found on the company`s website.

Below are the latest comments about the Binomo broker.

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Comments about broker

FXNjan trader

review Binomo

23-10-24

Binomo is one of the brokers that has been widely discussed by traders. They offer a variety of very profitable advantages. But I was quite disappointed, they said their technical support works 24/7 and will always help traders and Binomo has a large educational section, which contains analytical reviews, useful materials, and interesting ideas for trust management. But until now I am having difficulty understanding everything they explain and the instructions are still not detailed.

Lokky trader

review Binomo

03-08-22

Binomo is totally a fraud and they are not regulated in my country. The first time I opened an account at Binomo thought they were well regulated but the site got blocked by the government along with my account, and because of that, I lost all the funds that I deposit for my trading also my profit. Nothing from this broker. They are irresponsible about my loss. I felt so regretful to open an account with them. I wasted my money also my time only.

Sigalit trader

review Binomo

04-11-21

The customer support team of Binomo is commendable. They respond quickly to any queries and they remain patient and polite even though I sometimes ask a lot of questions. I am having a smooth trading experience because the company maintains good communication with their clients.

Jenna trader

review Binomo

25-10-21

I'm so disappointed trading with Binomo. I have been using Binomo for the past six months and all I can say is that they are not a trusted and good broker. I deposited $1000 fund in my trading account when I started and i tend to keep it and let it grow. I used EAs when trading so it wont be a hassle and I like how my trades goes in profit. When I was having profitable trading, they blocked my profit after that they froze my account. I have called their support team, but still unclear answer. Now, I still waiting for them to give my account back. As for me now, Binomo is not perfect choice for trading.

Turcu trader

review Binomo

17-02-21

My friend and I started trading with Binomo a month ago. We deposited a small amount first to see if we can handle Forex trading. So far, so good. We are able to trade well and the broker has tools that are very easy to use to it also helps.

Diclaim

Trading in the foreign exchange market and using leverage involve considerable risks and may cause a partial or complete loss of funds.

Make sure you possess sufficient skills and experience for this activity and are aware of possible risks.

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