Binomo Overview
| Website | binomo.com |
| Year Founded | 2014 |
| Countries of Registration | St. Vincent & the Grenadines |
| Website Languages | English, Indonesian, Thai, Vietnamese, Hindi, Turkish, Spanish, Portuguese, French, Russian, Ukrainian, Chinese, Kazakh, Arabic, Bengali, Uzbek |
| Regulators | SVGFSA |
| Broker Type | MM |
| Dealing | B-book |
| Minimum Deposit | $10 |
| Account Currencies | USD, EUR |
| Spread | N/A |
| Trading Platforms | Binomo |
| Trading Assets | Currencies, Commodities, Indices, Stocks, Cryptocurrencies |
Brief look at Binomo
Binomo is a binary options trading platform founded in 2014 that targets beginners with a very low $10 minimum deposit and $1 trade size. The broker is a Category A member of the International Financial Commission, giving clients access to a €20 000 compensation fund in case of disputes. Three live account tiers (Standard, Gold, VIP) unlock higher payouts—up to 90% — and faster withdrawals. While Binomo’s proprietary web and mobile apps are easy to use and offer weekend trading, the company is not regulated by top-tier financial authorities and is unavailable to traders in the EU and several other jurisdictions.
Pros
- Low $10 minimum deposit and $1 trade size
- Up to 90% payouts on VIP tier
- Fast proprietary web & mobile platform
- Free demo account with $10000 virtual funds
- Member of the International Financial Commission with €20000 compensation fund
- Multilingual interface and local payment options
Cons
- Not regulated by major authorities such as FCA or ASIC
- Limited number of underlying assets versus CFD/forex brokers
- No MetaTrader or third-party platforms available
- Education materials are basic compared to top forex brokers
Is Binomo available in my country?
We just checked and
Binomo doesn't accept clients from United States!
Your capital is at risk
Binomo Reviews
I've been using Binomo for a few months now and I must say, the demo account feature is a game-changer. It really helps you get comfortable before you start trading with real money. The minimum deposit is reasonable, and I was able to sign up and start trading quickly. Highly recommend!
2/15/2025Binomo's app is user-friendly and the trading experience has been smooth. The withdrawal time is quicker than I expected, and their customer support is responsive. I wish they offered more account types, but overall, it's a solid broker for forex trading.
3/3/2025I had some issues during my first login, but the support team helped me resolve it. The spreads are decent, but I think they could improve their bonus offers. I like the option to trade with leverage, which is a plus. Just wish the platform had more advanced features.
3/22/2025Binomo has a good variety of trading options, and I appreciate their educational resources. I started with a demo account to understand how everything works. The withdrawal process was straightforward, and I was happy with my rebate. Overall, a reliable broker.
3/28/2025I've tried several brokers, but Binomo stands out. The login process is quick. The minimum deposit is low enough for beginners, and the trading conditions are favorable. Definitely worth downloading their app for on-the-go trading!
6/10/2025Leave a Review
Is Binomo regulated?
| Companies | Dolphin Corp LLC, Pollack Trade LTD |
| Countries | St. Vincent & the Grenadines |
| Regulators | SVGFSA |
| Investor Protection | FinancialCommission.org |
| Investor Protection Size | €20 000 |
| Publicly Traded | |
| Segregated Accounts | |
| Guaranteed Stop Loss | |
| Negative Balance Protection |
Binomo Account Types
Binomo does not have accounts for CFD trading.
Additional Features
- Demo Account
- VIP Account
- Swap-Free Account
- Copy Trading
- VPS
- PAMM/MAM Accounts
Binary Options
| Account | FTT |
|---|---|
| Minimum Deposit | $10 |
| Option Types | FTT (Fixed Time Trade), 5-Second Trades (5ST) |
| Minimum Stake | $1 |
| Payout | from 40% to 90% |
| Expiration Time | from 5 seconds to 1 hour |
Binomo Funding and Fees
| Base currencies | USD, EUR |
| Deposit and withdrawal methods | Visa, Mastercard, Bank Transfer, AstroPay, FasaPay, Jeton, SticPay, Binance Pay, Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Tether (USDT), USD Coin (USDC), Dogecoin (DOGE), Cardano (ADA), XRP (XRP), Binance Coin (BNB), TRON (TRX) |
| Inactivity fee | $30 per month after 30 days of inactivity |
| Interest on margin | |
| Withdrawal Fee | One free withdrawal per day; additional withdrawals incur from 2% to 5% depending on the country of residence |
Binomo Trading Platforms and Conditions
| Trading Platforms | Binomo |
| Execution Speed | 50 ms |
| Scalping | |
| Expert Advisors (EAs) | |
| Depth of Market (DOM) | |
| Spread | N/A |
Binomo Trading Assets
| Currencies | 28 |
| Indices | 5 |
| Stocks | 28 |
| Cryptocurrencies | 6 |
| Bonds | 0 |
| Metals | 2 |
| Energies | 1 |
| Soft Commodities | 0 |
| ETFs | 0 |
Education and Analytics
| Economic Calendar | |
| Indicators | |
| Robots | |
| Signals | |
| Autochartist | |
| Expert Analytics | |
| News Feed | |
| Education Articles | |
| Webinars | |
| Seminars |
Binomo Support
Binomo Alternatives
| Broker | Binomo | Olymp Trade | Expert Option | IQ Option | Pocket Option |
|---|---|---|---|---|---|
| Type | MM | MM | MM | MM | MM |
| Minimum Deposit | $10 | $10 | $10 | $10 | $5 |
| Regulators | SVGFSA | VFSC | SVGFSA | CySEC, SVGFSA | MISA |
| Platforms | Binomo | Olymp Trade | ExpertOption | Quadcode | Pocket Option, MetaTrader 5 (MT5), MetaTrader 4 (MT4) |
| Spread | N/A | high | N/A | average | high |
| Leverage | 1:1 | 1:500 | 1:1 | 1:500 | 1:200 |
| Assets | Currencies, Commodities, Indices, Stocks, Cryptocurrencies | Currencies, Stocks, Cryptocurrencies, Metals, Energies, Indices, ETFs, OTC, Composite | Currencies, Indices, Stocks, ETFs, Cryptocurrencies, Commodities | Currencies, Indices, Stocks, ETF, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Commodities, Indices, Stocks, Cryptocurrencies |
