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Rating: 9/10
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Binomo Ratings
Overall Rating:
8.8/10
Forex Software:
9/10
Assets Variety:
9/10
Customer Support:
8/10
Bonus & Promos:
9/10
Binomo Info
Established:
2014
Headquarters:
Nicosia, Cyprus
Phone:
+44 114 303 3932
Email:
support@binomo.com
Link:
Leverage:
Binary Options
Platform:
Binomo
Banking Options:
Tradable Currencies:
Other Instruments:
Practice Accounts:
check   yes
Tournaments:
check   yes
Mobile App:
check   yes
Social/Copy Trading:
cross   no
Binomo offers its users an advanced trading platform, which not only allows them to trade on the options market, but also to analyze charts and build forecasts. Since its inception in 2014, the company has always held to a high standard. Users are offered a high quality service: an advanced modern terminal, fast payments to various systems, training for beginners, an efficient support service, etc.


The Trading Platform

The Binomo platform is a unique solution that combines two in one: a trading terminal and a platform for market analysis. This combination allows you to build forecasts directly while trading. This is especially important when trading turbo options, where fractions of a second can be critical.

Features of the Binomo platform:
• 4 types of charts, including candlestick;
• more than 20 tools for analysis and 10 indicators;
• about 100 assets: currencies, stocks, indices, cryptocurrencies;
• profitability of options contracts of up to 87% (VIP);
• options expirations of 1 to 5 minutes.


The interface is done in a minimalist style and everything you need is at hand. To open a trade, all you need to do is indicate the amount of investment in the left-side "options settings" unit, select the expiration time, and press "CALL" or "PUT."

The panel for configuring the chart is located on the bottom line of the terminal. You can select the type of chart, adjust the time interval, add indicators, or use auxiliary tools for drawing. At present, there are 10 indicators already available, but in the future the list will be supplemented.


Trader Competitions

Binomo is the only company on the options market which offers its users a real opportunity to earn money without investment. There are free tournaments held weekly on the demo account with real prizes going to the trading account. The winners receive funds or options worth $150. There are 20 prize places, so everyone has a chance.


Regular trader tournaments are also held. Many of them are free of charge, however, for participation in competitions with especially large prizes a small fee is required to enter. Often the amount of the prize pool reaches impressive figures - from 10 to 30,000 or more dollars. It is floating and increases depending on the number of participants.


Deposit and Withdrawal of Money

Flexibility in the area of payment policy is something that favorably separates Binomo from its competitors. Users have access to 10 methods of depositing/withdrawing funds, including credit cards, mobile phone systems, cryptocurrencies, and electronic wallets.

The scheduled processing time for a withdrawal request is from 3 days to 4 hours. However, funds are generally paid within 24 hours. When crediting money to an account, it is usually completed instantly.


Client Support

When questions arise, users can always ask for help. Binomo specialists advise clients via email, through the call center, and via online chat. VIP users can communicate with a personal mentor and analyst via Skype.


Trading on Binomo is primarily aimed at beginners - at the user’s disposal are more than 50 video tutorials, reviews of dozens of effective strategies, as well as individual training from mentors. And from the point of view of professionals, the main advantage is the advanced trading platform.

Reviewed by: Forex Singapore

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