Binomo Review


Binomo is a regulated binary broker, that claims to both beginners and professional traders since the company has service package for each category of financial traders.

Binomo loves to accentuate several aspects of their platform and service – reliability confirmed by the license of the financial regulator, security ensured with modern SSL security certificates, high-tech features implemented in the proprietary trading platform and loyalty expressed in the availability of trading conditions.

 

General Information about the Broker

  • Start of working online – 2014
  • Regulation – CROFR
  • Platform – proprietary trading software
  • Demo account – on a real platform with virtual funds
  • Minimum deposit – $10
  • Minimum lot – $1
  • Related services – training, bonuses, promotions, tournaments
  • Support 24/5 in Russian
  • Withdrawal time – 4 hours to 3 days

 

Binary Options Trading With Binomo

Binomo has a minimum deposit of only $10, so binary trading is available to traders with any funds available. The minimum trade is only $1, so even with a bare minimum trader can see what trading looks like. Binomo says that win rate is 85% on average, and may reach 90%, but we didn’t manage to prove these numbers.

In its platform, the broker has implemented modern technologies for trading and market forecasting. On the site, the clients are offered the optimal trading functionality:

Wide format chart with a scaling option

  • Adjustment features – various kinds of quotations display, wide choice of time frames
  • History of price movement
  • Set of technical indicators
  • Instant execution technology
  • Graphic tools
  • Non-stop trading mode
  • Over 50 basic assets
  • Extended range of expiration periods – 60 sec. to one day

 

With the help of the described options, a trader can use all possible trading strategies and forecasting approaches, and thus diversify their trading.

 

Binomo Demo Account

It is worth noting that you can trade on this terminal using a demo account – for this purpose the broker provides you an unlimited amount of virtual funds and the ability to carry out training in real market conditions. For beginners, this is an opportunity to learn trading without the risk of losing their funds, and for experienced players – a safe field for creating and testing various trading strategies.