Binomo.com reviews. Scam or not?

Company information
Broker name	business_center Binomo
Logotype
Official site	web //binomo.com
Company name	Tiburon Corporation Limited
Country of registration	Cyprus
Head office address	roomStagord Resources Ltd Vasileos Pavlou, 60 Agios Dometios, 2360, Nicosia, Cyprus
Foundation year	2014
Licenses (Regulation)	CROFR
Trading platform information
Type of the trading platform	In-House
Languages of the trading platform
Operating Systems Compatibility	Windows, Mac, Web, Android
Mobile applications
Trade Types	swap_vertical_circle Higher/Lower swap_vertical_circle Turbo
Assets	72
Customer support chat	check_box available
Line phone support	phone  88005557185
Support Email	email [email protected]
Information on the trading account
Minimum deposit	monetization_on $10
Minimum bid	casino $1
Maximum bid	casinocasinocasino $1000
Minimum payout ratios per trade	65%
Maximum payout ratios per trade	94%
Highly profitable option	indeterminate_check_box not available
Returns	check_box available
Early closure of the trade	indeterminate_check_box not available
Demo account	Open a demo accountsend
No deposit bonus	indeterminate_check_box not available
Welcome bonus	Get welcome bonussend
Signals	indeterminate_check_box not available
Robot (Autotrading)	indeterminate_check_box not available
Education	Start educationsend
Tournaments	Participate in the tournamentsend
PAMM account (trust management)	indeterminate_check_box not available
Currencies	USD EUR RUB
Withdrawal and deposit methods
Minimum amount for a withdrawal	input $10
Fee for a withdrawal	indeterminate_check_box not available
Terms of a withdrawal	schedule up to 1 working days
Islamic account	indeterminate_check_box not available
Register trading account	Open account with Binomosend
Affiliate program	check_box available

done_all Trusted brokers:

Binomo was founded in 2014 in Cyprus (Nicosia). Official site: https://binomo.com. The broker’s activity is certified and is under the control of the Center for Regulation of Relations in Financial Markets. Recent achievements:

• 2015: the best company for beginners;
• 2016: the broker of the year in the category «Binary Options».

Below we will consider the conditions that Binomo offers to its users. Besides, we will analyze the recent feedbacks that characterize the company in 2017 (based on the real comments predicated on customer feedback).

Minimum deposit

Traders can open a dollar, ruble or euro account, the size of which is $ 10, € 10 or ₱ 500. The minimum bet is $ 1.

Demo Account

To use this service, it is enough to go through a simple registration procedure on the Binomo website. Immediately after this, the trader receives $ 1,000, which he can spend on testing his trading strategy. Here is a detailed article on how to open a demo account on Binomo.

Types of options

For realization of trading ideas, the following tools are available for all clients:

• «Long-term»;
• «Turbooptions»;
• «One-touch»;
• «Binary options»;
• «Pairs».

Each of the offered options has its own peculiarities, allowing to increase the size of the bet made.

Basic Assets

More than 50 assets are available for a user, which are divided into the following categories:

• currency pairs;
• goods;
• indices;
• shares.

Security

The broker’s work is carried out in accordance with the statutory regulation of MiFID. This means that all financial instruments of the Binomo broker comply with the standards established and controlled by the European Union Directive.

Deposits and withdrawals

The following electronic systems are available for financial transactions:

• VISA MasterCard;
• Neteller;
• UnionPay;
• Money;
• WebMoney;
• Qiwi, etc.

The withdrawal of funds is carried out within 24 hours, and the deposit is momentary.

Training documents

All information in this section is free and available for downloading to anyone. It contains:

• step-by-step guide for opening the first transaction in the binary market;
• answers to frequently asked questions of all newcomers of the binary market;
• videos explaining the key processes of trading;
• a vocabulary of financial terms and other materials.

Invest ideas

In this section, Binomo analysts review the most important economic events of the day, the publication of which is likely to affect market activity. Together with the review, an assumption is made regarding the direction towards which the analyzed asset will move.

Technical analysis

Here, tools are selected on a daily basis, which have the most favorable conditions for trading on the platform Binomo. The proposed recommendations contain:

• Key support/resistance levels;
• the direction and conditions under which it is worth to look for the points of entry into a position;
• target levels, when it is better to terminate the transaction.

Strategies

In Binomo it is in everyone’s interests that every new trader learns to trade profitably. Therefore, if you have not yet found your trading algorithm, visit the «Strategies» section. Right after that you can register and try your hand at the demo account (everything is free and without any additional conditions).

Shares

This is a constantly updated section, in which there are special offers suitable for both new and current customers of the company.

Tournaments

For Binomo, competition between traders is a common thing. Anyone can take part in an organized event. The terms and the size of the money prize are constantly changing, so to clarify the details you need to go to the broker’s website.

Special opportunities

Choosing Binomo, a trader can easily combine the trade of binary options with the main job. It’s all about the service «Trade on weekends.» This means that you can earn even on Saturdays and Sundays, when all financial exchanges of the world have their official days off.

Now let’s consider the feedback of traders.

Complaints about Binomo

From the moment of registration to the end of 2016, the negative feedback about Binomo was related to the following points:

• trade delays and incorrect trading platform operation (the problem is fixed, the platform is completely updated);
• lack of awards and titles (the problem is fixed, for two years in a row the company has become the winner of prestigious nominations);
• work without special certificates from regulatory organizations (the problem is corrected, the broker is under the control of the Center for Regulation of Relations in Financial Markets);
• the pattern of technical support responses (the problem is fixed, new communication channels are added, allowing operative communication with the manager on any issue);
• No mobile platform (the problem is fixed, now trading with Binomo is available from any modern gadget).

Conclusion

The Binomo broker is a successful company focused on starting traders. Each user receives here optimal conditions for training and consistent development. It is reassuring that management team listens to complaints of clients and quickly eliminates even insignificant defects of the service.

Right now you can click on the link below and open an account with one of the best brokers in the binary market.
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