Binomo Trading Platform Review

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Binomo Broker

Unique “Non-stop” trading mode

Binomo Broker Review

Binomo is an online binary options broker which was started in 2014. It is owned by Tiburon Corporation Limited and offers binary options investment and trading to its clients. There are mixed reviews on Binomo and we are here to set the record straight. If you are considering registering with this broker, make sure to read our Binomo trading review before you sign up.

The world of online investments is as interesting as it can be devious. From binary options trading robots through multi-marketing tools, the question remains which is the best profit amplifying method or strategy of them all? Each one claims that it is the most legit, but in the end most of them are just scam. Users are probably wondering to which group does Binomo belong. Read the present review if you would like to learn the answer.

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Binomo Binary Options Accounts

It is a great bonus for newcomers who want to join Binomo that it offers a free demo account which is funded with $1,000 right after one signs up. This way, everyone can test the features and capacities of the binary options robot before they invest actual monetary amounts. You can test-drive the brokerage platform with ease and without much efforts. All one has to do is fill out the registration form.

The Binomo broker offers three different types of accounts:

  • Standard Account ($10 minimum deposit)
  • Gold Account ($500 minimum deposit)
  • VIP Account ($1000 minimum deposit)

Because of their Standard account, Binomo is one of the best binary options brokers with low minimum deposit of just $10. If you’re new to all of this and still have questions like when is the best time to trade binary options or how to trade 60 second binary options successfully then you probably should get a Standard Account. At Binomo you will learn everything you need to know about binary options and understand how to be a good binary trader. 

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Binomo Bonus

Binomo seems to offer different bonus offers from time to time. When you register for the demo, you will have a timed bonus offer. During the month before that, there was another bonus offer for end of year holidays. They seem to be ranging from 25% up to 100%. You need a turnover of at least 30 up to 40x times your deposit depending on the size of your bonus.


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Binomo Withdrawals

Withdrawals are not charged for according to the Binomo FAQ. However, the terms and conditions clearly state that should you wish to withdraw your funds before trading amounts up to at least twice the size of your deposit you will be charged a 10% fee. How much time the withdrawal takes depends on your account. Expect anywhere between 4 hours up to at least 3 days. Just make sure you have verified your account first by sending the required identification documents.

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Binomo – Is it a Legit Broker or Scam?

This binary options investment broker appears to be okay when you first approach it, but has some very dubious characteristics when you take a deeper look into it. Like the lack of data about the operational process and the team that founded the brokerage. For what is worth, they could be complete scammers and users might be putting their funds at risk when proceeding to sign up with Binomo.

Therefore, until more information is made available, we can not recommend this platform to traders. They better opt for a more secure and trustworthy choice. From what we’ve seen they do tell you how to trade binary options for beginners and how to be profitable with binary options. Sometimes it’s difficult to say which binary option is not a scam and maybe Binomo is not a scam, but right now we can’t be sure of that. 

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Binomo Binary Options Broker Customer Support

The Binomo customer support service can be reached via live chat. It is available 24/7 and the team is reportedly quick to respond. Users can turn to them when they are in need of advice, guidance or help. If they just want to chat with others they can visit the Members’ Area and talk about anything they like. It is a good way to pass time and exchange experience. Spending some time chatting is a good way to learn how to trade binary options online, see what others are doing and maybe find out the best way to make money with binary options. 

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Binomo Broker Non-Stop Trading Mode

This is an exclusive feature provided by the binary options investment broker. The so-called Non-Stop trading mode allows users to open several positions at any given time of the day. They do not have to wait until the first one they have placed has reached its end date. It is proven for a fact, that a higher number of executed trades means that the chances for a successful outcome also increases. Binomo operates with a little bit over 50 assets from the 4 main categories, which is a bit low considering that most brokerages provide over 100.

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To Sum Up the Review 

This binary options online broker has an equal portion of positive and negative features. The lack of substantial information about it is the main reason why we can not give users a final verdict whether it is scam or legit. Until more data is released or made available, it would be best for them to turn to a proven to be legit profit amplifying platform. Even so, if you want to learn to trade binary options for free, we recommend you create a free account with them and start trading. You don’t need to invest money if you’re not sure, but you can learn how to trade binary options online. 

Let us know what you think. Does anyone make money trading binary options with Binomo? Are they trustworthy? Have you withdrawn you money from them? Did it go ok? Is binary options a good way to make money for you? What do you like to trade most? In your opinion, what is the best options trading platform? And which is the best binary options trading platform for beginners out there?

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Binomo Broker

Unique “Non-stop” trading mode

8.3 Total Score
Binomo Review Summary

The broker claims that its main advantages are as follows: Top-class options trading service with a wide range of financial assets. Profitable trading conditions. Customers’ trading analytical support. Conditions that are suitable for traders with any level of qualification – tutorials for beginners. Fast and professional technical support.

User Rating: 4.2 (5 votes)

  1. Reply
    Robbie October 30, 2017 at 9:03 pm

    What I liked about Binomo Trading was that you could invest as little as $10 and start trading. They’re one of the best binary options brokers with low minimum deposit. I don’t know why they aren’t more at the top of any list of binary options brokers by minimum deposit. With just $10 anyone could open an account. That was the kick in the behind I needed to start trading with real money. It’s been 3 months since then and I’ve made a lot of progress and money with them.

    • Reply
      Perry November 9, 2017 at 3:17 pm

      And you can also work on it in the weekend. Some platforms don’t offer this option. I like to do most of my work then. I also like the small initial investment and that’s one of the reasons I joined them. Was initially looking for binary option brokers with no minimum deposit but as I couldn’t find any, I settled for them. I have no idea which is the best binary options broker but I know Binomo is one of the best binary options trading platform for beginners.

  2. Reply
    Andrea November 10, 2017 at 3:34 pm

    Things I like about Binomo Trading:

    – support staff is super well prepared to answer even the dumbest questions (I tested)
    – they’re one of the binary options brokers with low minimum deposit requiring just a small initial investment that makes it easy to start
    – they’re one of the binary option brokers with free demo accounts – demo account to test your knowledge and not lose real money
    – great learning database
    – fast withdrawal processing

    There’s nothing I don’t like as of now.

    • Reply
      Carol November 30, 2017 at 8:31 am

      Thanks for pointing out that you can open a free demo account for binary options trading with Binomo. Hadn’t realized that. I think it’s cool that they allow you to learn to trade binary options for free.

      • Reply
        Penelope December 9, 2017 at 6:22 am

        Binomo will teach you how to be profitable with binary options. You need to realize what is the difference between forex and binary options and pick the one that works best for you. Then focus on that and you will make a profit.

  3. Reply
    Astrid December 10, 2017 at 2:19 am

    Can you make a living trading forex on Binomo? If not, which binary option site is the best for both binary options and Forex?

    • Reply
      Marc December 11, 2017 at 10:38 am

      Can you make a living trading forex? Yes and Binomo is a great site to do that. I am not an expert in forex but I do make some money from it. I’m more focused on how to be successful in binary options and make a profit from them.

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