Review on the binary options broker called Binomo. Is Binomo scam?

Ted Capwell

Binomo review

Among the huge number of brokerage companies operating in the niche of binary options on the financial market, there are a number of brokers that stand out among others with professionalism and progressive services. One such is the broker Binomo, which has been for a long time in the top of the rating of reliable and efficient companies. In our review, we will get acquainted with the services of Binomo and evaluate their real effectiveness.

So, the brokerage company Binomo has been operating in the financial market since 2014 with legal registration in the Republic of Cyprus and with the license of the financial regulator of the CROF. For several years online, this broker has managed to grow from an unknown newcomer to a large professional broker, to the site of which every day comes more and more traders. What is the secret of such popularity? Judge for yourself.

Binomo review. Smart investments into binary option trading platform.


This is the first factor in favor of this broker. Appearing in the option environment, Binomo immediately showed the financial market of Russia that it was safe to work with it, having obtained a license from the CROFR, the regulatory body that oversees the financial companies in the CIS. The broker also took care of information security on its website – the trading and financial operations areas of the official broker resource are protected by modern SSL certificates reflecting hacker attacks.

Customer-centered policy

The second advantage of this broker can be called that the “doors” of its trading floor are open to traders with any amount of initial investment and even to those who can not or do not want to invest their own money at the beginning of the trade. The minimum required amount of a deposit to start cooperation is $ 10, and the minimum transaction amount is $ 1. That is, even starting from the very minimum, the client can safely start dispersing his deposit. But if there is no such amount – at the broker for registered users who, by the way, can first open a demo account, permanent promotions and contests are held. Thanks to this, you can not only start trading on bonus funds, but also earn a real amount of money on a demo account.

For traders with a real trading account, there are also regular promotions and tournaments that allow you to receive additional bonuses and even generous cash prizes.

To become a client of a broker, it is enough to fill in a mini-form on the main page of the site, having invented a login, a password, choosing the deposit currency and agreeing with the client cooperation agreement:

After that, in a few seconds, you will have access to your private office, the opportunity to indicate more information about yourself and directly top up your deposit. It is worth noting that for the replenishment of the account a very convenient service with a line of popular payment systems is provided. Also on the “Cashier” page, you can immediately see the amount of the bonus accrued and the type of merchant account being assigned (the bonus size and type of account depends on the initial amount of funds transferred):

Depending on the assigned type of trading account (Standart, Gold, VIP), a package of basic and additional services will be provided.

So, after selecting or specifying the amount of replenishment in a special field, the client is redirected to the site area for the implementation of the financial transaction. The form of transfer of funds will depend on the chosen EPS:

After pressing the “Pay” button, money will be credited to the trading account within a few minutes and access to real trading operations will be opened.

Just note that for the withdrawal of profits using similar payment systems, and the monetization period can be from 4 hours to 3 days, depending on the type of trading account.


The third plus in favor of Binomo is the progressive trading software, which is a personal development of the broker. The broker created this trading platform, guided by the requirements of modern traders of binary options, therefore, it implemented advanced trading technologies. On the Binomo platform, traders can use:

  • The schedule of quotations of the expanded format where it is possible to make out the slightest fluctuations of quotations
  • Functions of scaling, viewing of the history of the price, change of the format of quotations and switching of timeframes, due to which it is possible to adapt the schedule for analysis as much as possible
  • A set of technical forecasting tools – indicators and graphical service
  • Non-stop trading mode, allowing simultaneous conclusion of an unlimited number of transactions
  • Over 50 trading assets
  • Terms of expiration within 60 seconds – 24 hours
  • Two types of options – short-term and classic

Thus, the Binomo platform created the most favorable conditions for traders to earn on binary options. Due to the extended technical tools on the Binomo platform, various trading strategies and forecasting approaches can be used.

Training from Binomo

In Binomo, even traders with zero knowledge can start trading, as for the absolute beginners the broker has developed a progressive training course. For education a full-fledged educational base is provided, with which you can learn all the “wisdoms” of optional trading:

  • Step-by-step instructions
  • Interactive tutorial on binary options
  • knowledge base
  • video lessons

In this case, the trader can consolidate all the knowledge he has gained by practicing on a demo account that is provided on an indefinite basis with the amount of virtual funds that can be renewed an infinite number of times.

Conclusions about Binomo

The company Binomo today can be called one of the most worthy options in the financial market, because its trading platform will find the optimal set of services, both beginners and professionals.


“General Risk Warning: Binary options trading carry a high level of risk and can result in the loss of all your funds.”