Binomo is a reliable broker, ideal for beginner traders due to its easy-to-learn tutorials and strategies.
The broker offers a demo account, which allows users to get familiar with the platform without risking real money.
Binary options attract fans of stock trading with simplicity, profitability up to 80-90% and low entry threshold. In order to withdraw rewards from binaries without problems, you need to choose a reliable broker. Now a days , the one of the most trusted and popular binary platform is Binomo.
What is Binomo?
What is Binomo platform? What assets does it offer and how to work in your personal account on the exchange? Read detailed explanations and instructions in this section.
Binomo is an international online platform for trading binary options and CFD contracts. The platform offers a web terminal of its own design, a mobile application for iOS and Android.
In addition to brokerage services, the platform’s clients have access to: demo accounts, analytics, online support. Dealer performance indicators:
- number of active traders — more than 800 thousand daily;
- number of successful transactions — more than 30 million per week;
- regions of presence — Europe, Asia, South Africa, South America.
Binomo is owned by Dolphin Corp LLC, a corporation based in Saint Vincent and the Grenadines. The company registration number is 915 LLC since 2021.
Basic information about Binomo
| Year of foundation | 2014 |
| Headquarters | Saint Vincent and the Grenadines. Address: 1st floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St.Vincent and the Grenadines. |
| Regulation | International Financial Commission (The Financial Commission). |
| Countries of presence | 133 countries, including India, Turkey, Brazil, Mexico, Argentina, Indonesia, Ukraine, Vietnam, Algeria, Pakistan, Kazakhstan, South Korea, Taiwan, Thailand, New Zealand, Saudi Arabia. |
| Countries not served | USA, Australia, Canada, Switzerland, Belgium, Japan, Turkey, Israel, Iran, North Korea, Russia, Belarus and other countries. |
| Support | Phone: +18499366003, E-mail: support@binomo.com, Pop-up chat window. |
Binomo has the A-category certificate from the most trusted institution of Financial Commission. The broker regularly undergoes a Verify My Trade (VMT) transaction execution audit.
IFC is an independent organization that regulates financial markets. A dealer’s participation in the IFC guarantees protection of a trader’s funds in the amount of up to €20,000 if a claim is accepted by the Commission. Users should take into account that the IFC Financial Commission is not an authorized state regulator.
In 2015, the Binomo platform was nominated for the “Best Binary Options Broker for Beginners ForexExpoAwards 2015” award. The Binomo company receives the international IAIR award for outstanding achievements in global finance in 2016.
What assets does the Binomo broker have?
The Binomo platform offers CFD contracts, classic and minute options. The underlying assets for derivatives (options and contracts) are more than 80 instruments: currencies, stocks, indices, crypto assets, raw materials.
Main assets
| Group | Examples |
| Currency pairs | EUR/USD, EUR/CAD, EUR/NZD, EUR/JPY, EUR/GBP, EUR/MXN, EUR/HKD, EUR/CHF, EUR/AUD, USD/JPY, USD/CHF, USD/CAD, USD/NOK, USD/DKK, GBP/USD, GBP/NZD, GBP/JPY, GBP/CHF, GBP/AUD, ADA/USD, AUD/NZD, AUD/CAD, AUD/JPY, NZD/JPY, NZD/USD, CHF/JPY, CAD/CHF, BCH/USDT |
| Indexes | NASDAQ 100, Dow Jones IA, Crypto IDX, Altcoin IDX |
| Pairs with indices | NDX/USD, DJI/USD, SPX/USD, DAX/EUR, EUR IDX, JPY IDX |
| Stocks of companies | Apple, Alibaba, AIG, AEX, Boeing, CAC, Coca Cola, CitiGroup, eBay, Ferrari, Google, IBM, Intel, JD, JPMorgan C, Microsoft, Meta, McDonalds, Netflix, Nvidia, PayPal, Qualcomm, Starbucks, Tesla, Twitter, Vodafone, Visa, Weibo, Yum Brands |
| Crypto | Bitcoin, Litecoin, Cardano |
| Raw materials | Gold, Silver, Oil |
The number of available underlying assets depends on the account type and the user’s deposit size: Free – from 30 assets, Standard – from 40, Gold – from 60 and VIP – from 80 instruments.
What is the official website of Binomo?
The official resource of the broker: www. binomo.com. The domain was registered on 06.08.2014.
The main advantages of the resource:
- simple and clear interface;
- multilingualism — 13 languages (English, Ukrainian, Kazakh, Spanish, Portuguese, Turkish, Chinese, Indian, etc.).
Training materials, news and analytics are available on the site, but they are only available after registration.
What mirrors does Binomo have?
Binomo has only one domain (binomo.com), which works without mirrors. There are many clone sites on the Internet with similar (and not so similar names), but they belong to third-party organizations. Registering on third-party sites is not safe.
How to log in to your Binomo personal account?
To log in to your Binomo personal account, you need to click “Sign in” button which is yellow in colour.
Select the “Login” tab on the right, enter the login and password created during registration, click “Sign in”. Authorization is provided through Google and Facebook profiles.
If you set the “Remember me” option, you will be able to log in to your account without authorization. Immediately after entering the site, a window with a trading terminal and a trader’s personal account will open.
Many traders are interested in how to log in to Binomo from Russia, Belarus and other countries. Login to your personal account is only available to clients from permitted countries, which do not include Russia and Belarus.
Russian users can log in to binomo.com using VPN programs, but they will have problems with verification and withdrawal of funds in the future.
How to register on Binomo?
Users register on Binomo in three ways: by email, through a profile on Facebook or Google. You can create an account using an email address in 4 simple steps.
- Open the binomo.com website, click the “Sign up” button or “Try it”. Select the “Registration” tab.
- Enter your email address, create a password. The email will later be used as a login for login.
- Select a currency – US dollar or euro. Local currency may be offered depending on the client’s country. You should choose carefully, as it will be impossible to change the currency later.
- Read the terms of the Client Agreement, check the box. Click “Create account/Create an account”.
To log in via your Facebook or Google profile, simply click on the corresponding icon. Before the registration process, log in to Facebook/Google or provide your login details.
After registration, the broker will offer to undergo training. The demo account will be activated automatically. Since 2019, clients from Russia cannot register with Binomo, as the broker does not operate in the Russian Federation. Russian users can access the binomo.com website using VPN services.
How to get verified at Binomo?
The brokerage company checks users within the framework of the KYC “Know Your Client” and AML “Anti-Money Laundering” rules. To verify their identity, clients provide:
- a passport or other identification document;
- your bank cards photo or your e-wallets screenshot;
- a selfie\photo with a passport, card or other document in hand.
To confirm your place of residence, the dealer may require additional documents, such as:
- Utility bill (not older than 3 months);
- Bank statement or certificate (not older than 3 months);
- 2nd identity document (for example, a driver’s license not older than 3 months);
- Notarized copies of your passport, certificates, etc.
Completed photos and scans must be sent to the email address: Verification@binomo.com. If the copies are of good quality, you will receive a notification within 24 hours that the verification has been completed. The maximum period for verifying the documentation is 3-5 days.
In addition to document verification, Binomo may require a “face-to-face” verification – communication with the client via Skype, Zoom or other communication. The verification rules and document requirements can be found on binomo.com in the “AML Policy” section.
How do I delete an account on Binomo?
To delete an account, you need to do three things:
- Click on your profile image, open the section with personal information “Profile”;
- At the bottom of the page, select “Block account”, confirm the action;
- Send a letter with a request to delete the profile to the support service by e-mail:
support@binomo.com, specify the reason.
After blocking the account, the account can be restored, but after permanent deletion – not.
How to change the currency in Binomo?
The Binomo platform has 2 main currencies (dollar and euro) and one additional (depending on the client’s country). For example, users from Ukraine can open a deposit in hryvnia.
You cannot open an account in Russian and Belarusian rubles, since the broker does not work in Russia and Belarus. The currency type is set during registration, but it will be impossible to change the account currency in the future.
To change the currency, you will have to close the current account, wait for it to be deleted and create a new account. To delete the old account, you need to contact the support service, send a letter to e-mail: support@binomo.com.
If, during registration, a trader chose, for example, a dollar, and plans to replenish the deposit in hryvnia from a card, then it is not necessary to change the currency of the account itself. Funds will be converted upon replenishment at the current rate.
Conclusion:
In summary, Binomo is a widely used online platform for binary options and CFD trading, designed for accessibility and ease of use. It supports a large global user base with features like demo accounts, extensive assets, and multilingual support. Users benefit from a secure trading environment regulated by the International Financial Commission, but must complete verification for full access to trading and withdrawals. However, Binomo restricts access in certain countries, including the U.S. and Russia, and does not permit currency changes once set at registration.
