What is the maximum leverage offered by Binomo?

The platform offers a maximum leverage of 1:40. This is relatively low compared to platforms like Pocket Option (up to 1:1000), which may limit returns but also reduces risk exposure.

Is customer support on Binomo available 24/7?

Yes, Binomo provides 24/7 customer support via email and live chat (only for logged-in users). While response times are generally quick, lack of phone support or public live chat is a limitation.

What languages and regions does Binomo support?

Binomo operates in over 130 countries and supports multiple languages, including English, Russian, Indonesian, and more. Regional restrictions may apply, so users should check accessibility based on their location.

How does Binomo compare with other binary brokers like IQ Option or Quotex?

Compared to competitors, Binomo offers competitive payouts (up to 90%), lower minimum deposits ($10), and no inactivity fees. However, it falls short in asset variety and lacks advanced trading features like copy trading or 1:500 leverage.

Is Binomo a scam or legitimate broker?

Binomo is a legally registered business with over 857,000 active traders. However, user reviews are mixed: Trustpilot scores it 3.6/5, while ForexPeaceArmy raises concerns about fake reviews. Traders should conduct personal research and manage risks cautiously.

What is the trading platform like on Binomo?

Binomo uses a proprietary web-based trading platform, which is user-friendly, fast, and includes key charting tools, real-time data, and built-in educational resources. It's compatible with desktops and mobile devices.

What is the maximum payout or return I can earn on Binomo?

The maximum return on a successful trade with a Gold, VIP, or Prestige account is up to 90%. Return rates vary based on asset volatility, trade timing, and account status.

Does Binomo offer copy trading or social trading features?

No. Binomo does not support copy trading or any investment automation tools. Traders must manually analyze and execute trades. Users looking for such features should consider platforms like eToro or ZuluTrade.

Can I access Binomo via mobile apps?

Yes. Binomo has dedicated mobile apps for iOS and Android. The Android app supports more technical tools, while the iOS app includes basics like Moving Average and Bollinger Bands. Both offer full access to trading functions and account features.

What technical indicators are available on the Binomo platform?

Binomo’s web platform includes over 25 built-in technical indicators, including RSI, MACD, Bollinger Bands, Parabolic SAR, and more. Mobile versions have fewer tools, with Android supporting more than iOS. These assist in technical analysis for informed trading.

How can I withdraw funds from Binomo and how long does it take?

Withdrawals can be made via VISA, MasterCard, Neteller, WebMoney, or crypto wallets like Bitcoin. While Binomo claims no withdrawal fees, processing time ranges from a few hours to 3 days, depending on the account level and payment provider.

Are there any bonuses or promotions for new users?

Currently, Binomo has no active promotions. However, users with higher-tier accounts receive deposit bonuses (up to 300%), cashbacks, and risk-free trades. These can be considered built-in incentives rather than public promos.

What assets can I trade on Binomo?

Binomo offers 75 tradable assets, including currency pairs (Forex), commodities, stock indices, and cryptocurrencies. The number of available assets increases with the account level.

Can I try Binomo with a demo account before depositing?

Yes, Binomo offers a free demo account with virtual funds. It includes 32 assets and helps new users understand the platform’s interface and strategy testing without financial risk.

Does Binomo charge any commissions or hidden fees?

Binomo charges 0.02% commission on CFD trades made via the demo account, but does not apply any fees for deposits or withdrawals in most regions. Additionally, it does not impose inactivity fees, unlike competitors like IQ Option or OlympTrade.

What is the minimum deposit and trade amount on Binomo?

The minimum deposit on Binomo is $10, and the minimum trade amount is $1. This low threshold makes it accessible to beginners and micro-investors testing binary options strategies.

How do I register and verify my identity on Binomo?

To register, visit the Binomo website, enter your email and password, then confirm your email link. Identity verification requires documents only after a company request, which includes a photo ID and proof of the payment method. Without completing this step, access to withdrawals may be limited.

What account types does Binomo offer?

Binomo offers five account tiers: Free (Demo), Standard ($10 min deposit), Gold ($500), VIP ($1,000), and Prestige ($1,000+). Higher tiers unlock more assets (up to 75), higher deposit bonuses (up to 300%), a personal manager, and investment insurance.

Is Binomo regulated and safe to use?

Binomo is operated by Dolphin Corp LLC and is a Category A member of the International Financial Commission. However, this commission is not a governmental regulatory authority. Therefore, while Binomo claims dispute resolution protections, it lacks oversight from top-tier financial regulators like CySEC or FCA. Caution is advised when trading.

What is Binomo and how does it work?

Binomo is a binary options trading platform launched in 2014 and headquartered in St. Vincent and the Grenadines. It allows users to speculate on the price direction of assets such as currencies, stocks, and commodities. If the prediction is correct, traders can earn returns of up to 90%. The platform supports a proprietary interface, demo accounts, and multiple account types based on deposits.

Writer:

Arjun Mandal

Reviewer:

Rajesh Sharma

Fact checker:

Nino Gogochashvili

Modified:May 21, 2025

Binomo Review 2025

Go to Website

Your Capital is at risk.

Company:

Binomo

Founded:2014

Regulation:

OTC:

Forex Trading:

Assets:75

Personal Manager Economic Calendar Investment Insurance

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Open an Account

Your Capital is at risk.

About

Binomo, a binary options trading platform, offers four account types [Standard, Gold, VIP, Prestige], a global presence in 130+ countries, and up to 90% returns. Despite 24/7 support and more than 10 funding options, mixed user reviews and concerns about withdrawal issues highlight potential drawbacks.

Contact

N/A support@binomo.com

Euro House, Richmond Hill Road, Kingstown, St. Vincent and Grenadines

Rank and Score

Pros and Cons

Account Types

Markets

Pros

No Inactivity Fee

Relatively High Profit Split of 90%

Wide Range of Payment Options

Cons

Not The Highest Provided Leverage

4.2 From 5.0

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Binomo is a binary options trading platform with allegedly more than 857,000 active traders every day. Established in 2014 and headquartered in St. Vincent and The Grenadines, this company offers 4 live account types [Standard, Gold, VIP, Prestige] based on the initial deposit volume.

Read this balanced Binomo review to learn about its payment methods [VISA, MasterCard, Neteller, and more], 75 tradable assets, and other aspects.

Company Information and Important Specifics

Binomo is operated by Dolphin Corp LLC and is a Category A member of the International Financial Commission. Note that this organization is not a financial authority, and should not be considered a regulating body. The company provides binary trading services to its clients. Other Key Points:

Received IAIR and FE awards;
Presence in over 130 countries;
More than 29M successful trades in a week.

The company is headquartered at Euro House, Richmond Hill Road, Kingstown, St. Vincent and Grenadines.

Specifications and Details

As seen in every other review article on the website, in this section, we are providing a table featuring a summary of important specifics:

Broker	Binomo
Account Types	Free, Standard, Gold, VIP, Prestige
Establishment Year	2014
Trading Platforms	Proprietary Platform
Maximum Return	Up to 90%
Minimum Deposit	$10
Base Currencies	USD, EUR, GBP, Other Local Currencies
Deposit Methods	VISA, MasterCard, Maestro, WebMoney, Perfect Money, Neteller, PSB, Payeer, JCB, Crypto Wallets (Bitcoin, Litecoin)
Withdrawal Methods	VISA, MasterCard, Maestro, WebMoney, Perfect Money, Neteller, PSB, Payeer, JCB, Crypto Wallets (Bitcoin, Litecoin)
Minimum Trade amount	$1
Maximum Trade Amount	Unlimited
Tradable Assets	75
Investment Options	None
Bonus	Features on Account Types
Spreads	Not Specified
Commission & Fees	0.02% Commission Deducted from Demo Account on CFD Trading No Fees for Withdrawals and Deposits
Maximum Leverage	1:40
Affiliate Program	Yes
Trading Features	Personal Manager, Investment Insurance, Economic Calendar
Inactivity Fee	None
Customer Support Ways	Live Chat, Email
Customer Support Hours	24/7

What Trading Account Types Are Available?

The binary platform offers trading services in several account types, which differ in terms of assets and special features. Here's an overview:

Account Type	Free (Demo Trading)	Standard	Gold	VIP	Prestige
Minimum Deposit	N/A	$10	$500	$1,000	$1,000
Trading Assets	32	48	61	75	75
Trading Platform	Proprietray
Min. Trade Amount	$1
Commission	0.02% Commission Deducted from Demo Account
Max. Leverage	1:40
Personal Manager	No	No	No	Yes	Yes
Investment Insurance	No	No	No	Yes	Yes
Maximum Return	N/A	85%	90%	90%	90%
Maximum Deposit Bonus	N/A	100%	150%	200%	300%

Asset availability expands with account tier — starting with 32 assets on the demo account and scaling up to 75 assets for Gold, VIP, and Prestige accounts.

Registration and Verification Tutorial

Usually, signing up with binary option brokers is a fast and straightforward process. It's the same about Binomo registration, which will be discussed here.

#1 Visit the Binomo Website

Start by accessing the official Binomo site via a trusted review or directly. Click on “Sign Up” to initiate account creation.

#2 Enter Your Credentials

Provide a valid email address and create a secure password. Agree to Binomo’s terms and conditions, then submit the form. A quick demo trade interface with virtual funds will appear, designed to introduce platform features.

Binomo registration form — Enter details in the form to sign up with Binomo

#3 Verify Your Email

Check your inbox and confirm your email via the link provided. Email verification is essential before accessing real account features like deposits and live trading. Once confirmed, your Binomo account is ready to use.

Click on the link in your inbox to verify your email in Binomo.

#4 Identity Verification

Now, you have created your account on the website. However, you will only be able to pass Binomo verification after receiving a request from the company. For this, you will need proof of identity and photo(s) of the bank card(s) used for deposits.

Bonuses and Promotional Offers

We investigated the website for any information regarding bonuses. There is a "Promotions" page, but it states "No promotions currently available". Therefore, there might be bonuses in the future, but there is not any active offer at the moment.

However, there are some features on account types or "statuses", including deposit bonus, happy hour, cashback, prizes, risk-free trades, and more. These should be counted as promotional offers.

We will inform you as soon as any updates or changes happen in the future.

Are There Any Commissions and Fees in Binomo Trading?

The platform does charge commissions in trading. Based on the available data, when a client opens a CFD trade, a 0.02% commission is deducted from the demo account.
For deposits and withdrawals, there are no costs in most cases and regions. However, in India, free withdrawals are available once every 24 hours.

Binomo does not charge any inactivity fees on trading accounts, regardless of account level. Traders are free to take breaks without incurring hidden penalties or dormancy fees.

Personal Cabinet Features and Tools Overview

The personal cabinet on the mentioned binary broker provides users with a centralized hub to manage their trading activities. Important Parts and Sections:

Account Overview: View your balance, active trades, and trading history;
Deposit and Withdrawal: Funds management for clients;
Profile Settings: Personal details and security settings;
Trading Statistics: Analyze your performance over time;
Educational Resources: Video Tutorials;
Calendars: An overview of effective events (Crypto calendar available to VIP users only);
Support: Contact customer service directly from your cabinet.

Binomo cabinet — The personal cabinet of Binomo in the browser

The personal cabinet is designed to be user-friendly, allowing traders to manage all aspects of their account efficiently.

Indicators and Oscillators in the Binomo Platform

Binomo's trading platform offers a decent number of technical indicators and oscillators to assist traders in their analysis. However, the list varies depending on the device used by the client for accessing the platform:

Web	All Indicators and Tools
iOS Application	Moving Average, Alligator, Bollinger Bands
Android Application	Moving Average, Alligator, Bollinger Bands, Parabolic Sar, Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), Commodity Channel Index (CCI), And Stochastic Oscillator

Overall, Binomo offers a robust suite of technical tools to support data-driven decision-making. Traders have access to:

More than 25 built-in technical indicators;
Over two dozen chart-drawing tools for trendlines, channels, and Fibonacci levels;
Integrated real-time quotes from financial news agencies;
Technical analysis features that work equally well across both desktop and mobile platforms.

Funding Options and Withdrawal Methods

The discussed platform offers a wide range of choices for both deposits and withdrawals. We will take a look at them in the list below:

Credit/Debit Cards: VISA, MasterCard, Maestro;
E-Wallets: WebMoney, Perfect Money, Neteller, PSB, Payeer, JCB;
Cryptocurrency Wallets: Bitcoin, Litecoin.

Note that these options might differ based on the client's region.

Copy Trading and Other Investment Features

As of the latest information available, Binomo does not offer copy trading services. Also, no other investment options are provided by the platform.

Traders looking for these kinds of functionality may need to explore other platforms that specialize in these services.

Noteworthy Benefits and Critical Drawbacks

Binomo offers services with a bunch of pros and cons at the same time. Being aware of these is necessary before making any investments:

Benefits	Drawbacks
Relatively High Profit Split of 90%	Not The Highest Provided Leverage
Wide Range of Payment Options	-
No Inactivity Fee	-

Trust Scores and User Ratings

We consider certain websites such as Trustpilot, REVIEWS.io, ForexPeaceArmy, and others as reliable sources for evaluating a company's performance. Until the time of writing this article, Binomo has received mixed reviews on the mentioned platforms:

Binomo on Trustpilot — Binomo has received mixed reviews on the Trustpilot website

Trustpilot: 3.6/5 (based on 461 reviews):
- 26% of reviewers gave 5 stars;
- 55% of reviewers gave 1 star.
ForexPeaceArmy: 1.3/5, Allegedly fake and highly suspicious positive reviews submitted on the website on February-September 2019;
REVIEWS.io: 3.8/5 (based on 179 reviews), 69% of reviewers recommend the platform.

These mixed reviews suggest that while many users have positive experiences with the binary options company, others have encountered challenges, particularly with withdrawals and customer service.

Support Department Open Hours and Contact Channels

Support service is a critical factor when choosing a financial company or brokerage since there is always a chance of losing funds. Binomo provides two contact channels:

Email: support@binomo.com;
Live Chat: Accessible through the profile on the website (Not available for non-registered users);

The company provides 24/7 customer service, which is a benefit. However, the lack of live chat for everyone is a disappointment.

Compare Binomo with Other Binary Platforms

Here's a comprehensive table mentioning features and services provided by the platform in comparison to its peers:

Parameter	Binomo	IQ Option	OlympTrade	Pocket Option	Quotex
Establishment Year	2014	2013	2014	2017	2019
Maximum Return	Up to 90%	Up to 90%	Up to 93%	90%+	98%
Minimum Deposit	$10	$10	$10	$5	$10
Minimum Trade Amount	$1	$1	$1	$1	$1
Number of Trading Assets	75	Over 250	Over 100	Over 100	Over 400
Bonus	Features on Account Types	No Bonus	Deposit Bonus	Welcome Bonus, First Deposit Bonus, No Deposit Bonus, YouTube Video Contest	Welcome Bonus, deposit bonus, risk-free trade, loyalty program, seasonal promotion
Maximum Leverage	1:40	1:100	1:500	1:1000	1:1
Inactivity Fee	None	€10 / Month	$10 / Month	$0	$0

Writer's Opinion and Conclusion

In this article, we reviewed Binomo as an overall decent binary trading platform with 4 live account types, 24/7 support services, and a maximum return of up to 90%.

However, there has been a suspicion of fake positive reviews on the FPA website, which is concerning. Overall, we recommend this platform if you have done your own research and ensured its reliability.

FAQs

What is Binomo and how does it work?: Binomo is a binary options trading platform launched in 2014 and headquartered in St. Vincent and the Grenadines. It allows users to speculate on the price direction of assets such as currencies, stocks, and commodities. If the prediction is correct, traders can earn returns of up to 90%. The platform supports a proprietary interface, demo accounts, and multiple account types based on deposits.
Is Binomo regulated and safe to use?: Binomo is operated by Dolphin Corp LLC and is a Category A member of the International Financial Commission. However, this commission is not a governmental regulatory authority. Therefore, while Binomo claims dispute resolution protections, it lacks oversight from top-tier financial regulators like CySEC or FCA. Caution is advised when trading.
What account types does Binomo offer?: Binomo offers five account tiers: Free (Demo), Standard ($10 min deposit), Gold ($500), VIP ($1,000), and Prestige ($1,000+). Higher tiers unlock more assets (up to 75), higher deposit bonuses (up to 300%), a personal manager, and investment insurance.
How do I register and verify my identity on Binomo?: To register, visit the Binomo website, enter your email and password, then confirm your email link. Identity verification requires documents only after a company request, which includes a photo ID and proof of the payment method. Without completing this step, access to withdrawals may be limited.
What is the minimum deposit and trade amount on Binomo?: The minimum deposit on Binomo is $10, and the minimum trade amount is $1. This low threshold makes it accessible to beginners and micro-investors testing binary options strategies.
Does Binomo charge any commissions or hidden fees?: Binomo charges 0.02% commission on CFD trades made via the demo account, but does not apply any fees for deposits or withdrawals in most regions. Additionally, it does not impose inactivity fees, unlike competitors like IQ Option or OlympTrade.
Can I try Binomo with a demo account before depositing?: Yes, Binomo offers a free demo account with virtual funds. It includes 32 assets and helps new users understand the platform’s interface and strategy testing without financial risk.
What assets can I trade on Binomo?: Binomo offers 75 tradable assets, including currency pairs (Forex), commodities, stock indices, and cryptocurrencies. The number of available assets increases with the account level.
Are there any bonuses or promotions for new users?: Currently, Binomo has no active promotions. However, users with higher-tier accounts receive deposit bonuses (up to 300%), cashbacks, and risk-free trades. These can be considered built-in incentives rather than public promos.
How can I withdraw funds from Binomo and how long does it take?: Withdrawals can be made via VISA, MasterCard, Neteller, WebMoney, or crypto wallets like Bitcoin. While Binomo claims no withdrawal fees, processing time ranges from a few hours to 3 days, depending on the account level and payment provider.
What technical indicators are available on the Binomo platform?: Binomo’s web platform includes over 25 built-in technical indicators, including RSI, MACD, Bollinger Bands, Parabolic SAR, and more. Mobile versions have fewer tools, with Android supporting more than iOS. These assist in technical analysis for informed trading.
Can I access Binomo via mobile apps?: Yes. Binomo has dedicated mobile apps for iOS and Android. The Android app supports more technical tools, while the iOS app includes basics like Moving Average and Bollinger Bands. Both offer full access to trading functions and account features.
Does Binomo offer copy trading or social trading features?: No. Binomo does not support copy trading or any investment automation tools. Traders must manually analyze and execute trades. Users looking for such features should consider platforms like eToro or ZuluTrade.
What is the maximum payout or return I can earn on Binomo?: The maximum return on a successful trade with a Gold, VIP, or Prestige account is up to 90%. Return rates vary based on asset volatility, trade timing, and account status.
What is the trading platform like on Binomo?: Binomo uses a proprietary web-based trading platform, which is user-friendly, fast, and includes key charting tools, real-time data, and built-in educational resources. It's compatible with desktops and mobile devices.
Is Binomo a scam or legitimate broker?: Binomo is a legally registered business with over 857,000 active traders. However, user reviews are mixed: Trustpilot scores it 3.6/5, while ForexPeaceArmy raises concerns about fake reviews. Traders should conduct personal research and manage risks cautiously.
How does Binomo compare with other binary brokers like IQ Option or Quotex?: Compared to competitors, Binomo offers competitive payouts (up to 90%), lower minimum deposits ($10), and no inactivity fees. However, it falls short in asset variety and lacks advanced trading features like copy trading or 1:500 leverage.
What languages and regions does Binomo support?: Binomo operates in over 130 countries and supports multiple languages, including English, Russian, Indonesian, and more. Regional restrictions may apply, so users should check accessibility based on their location.
Is customer support on Binomo available 24/7?: Yes, Binomo provides 24/7 customer support via email and live chat (only for logged-in users). While response times are generally quick, lack of phone support or public live chat is a limitation.
What is the maximum leverage offered by Binomo?: The platform offers a maximum leverage of 1:40. This is relatively low compared to platforms like Pocket Option (up to 1:1000), which may limit returns but also reduces risk exposure.