BINOMO BROKER REVIEW (Download FREE PDF for learning Basics…


(Download FREE PDF for learning Basics

The company started its activities in 2014. As of 2022, it offers 50 assets from four categories: currencies, cryptocurrencies, stocks, and indices. Its proprietary trading platform is distinguished by exceptional functionality, visual simplicity, and an intuitive interface. It supports a vast array of deposit/withdrawal options, including VISA and MasterCard.

(Our suggested broker for beginners

Binomo binary options broker has been operating for six years. The website and trading platform have been translated into 15 languages. It offers a large number of trading instruments (more than 50 assets). Also, there is a demo account with a virtual deposit.

=>Binomo’s commissions & fees
Among the best binary brokers for 2022, Binomo does not stand out in terms of commission charges because there are no fees for deposit/withdrawal, closing a deal, simple account, or account maintenance. The only type of fee charged by a broker is the fee on a successful trade. Its value depends on the amount of the trader’s income and is determined individually.

=>Binomo’s trading instruments
The trading instruments available to Binomo traders are 50 assets divided into four categories: currency pairs, commodities, stocks, and indices. The raw materials category includes precious metals (gold, silver, platinum, etc.).

All assets operate under two types of contracts:

> fixed contracts “above/below”;
> contracts for the difference (CFDs).

The timer is from 1 to 60 minutes. The yield is 89%.

=> Binomo trading platform
This broker offers its clients its trading terminal presented as a desktop application. The terminal is downloaded from the broker’s official website. Here are its main features:

1. chart with six timeframes (from 1 second to 5 minutes);

2. four modes of plotting (line, mountain, candles, bars);

3. 14 indicators (trend and oscillators);

4. more than 20 drawing tools;

5. multi-mode (many independent tabs);

6. built-in economic calendar with financial news;

7. statistics on tournaments, history of transactions, and information on strategies;

8. the ability to control only from the keyboard (no mouse);

9. the ability to instantly communicate with the support team in an online chat.

Among the best binary options brokers, Binomo stands out precisely for its trading platform. Many experts agree that this is one of the most convenient trading terminals. In addition to a colossal variety of functions and instruments, it is distinguished by pleasant visuals with the possibility of fine customization, an intuitive interface, and objective ease of use.

=> Opening a trading account in Binomo
In addition to the training demo account, Binomo offers three types of accounts, which differ in the minimum deposit, available options, profitability, and withdrawal speed. Main characteristics of accounts:

Standard. The minimum deposit is $10. Access only to the most popular assets, a fixed yield of 85%, the ability to participate in tournaments. Withdrawal of funds takes up to 3-5 days.

Gold. The minimum deposit is $400. An extended list of assets, yield up to 86%, increased bonus accruals, transaction insurance is available, personal manager. Withdrawal of funds takes up to 24 hours.

VIP. The minimum deposit is $800. Full list of assets yields 87%, bonuses up to 100%. Insurance is available not with bonuses (as for Gold), but with real funds. Cashback 10% with real funds, withdrawal takes no more than 4 hours.

Detailed information on accounts is provided by the binary broker on the official website. You can choose the type of account from the main page or during the registration process. In the Personal Account, a trader can always open a new account of a different type.

=> Deposits and withdrawals from Binomo
A significant difference between this company and most of the top-rated binary brokers is that Binomo adapts to local traders. This means that in addition to the basic options for depositing/withdrawing funds, the trader always has access to options that are most relevant for the country of which he is a resident. Binomo even cooperates with regional African payment systems.

The most popular withdrawal methods:



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