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Binomo Review

Although the website is quite well-designed and very easy to use, Binomo has appeared on our list of unreliable binary brokers. Is Binomo legit? It is not, so let’s find out why.

Binomo Scam Review
Min. Deposit:
$250

Trading Platform: Custom

US Clients: Not Available

This broker is scam! Sign up with IQOption instead!

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

binomo scam broker

First of all, there is almost no information about the company provided. Possible address is the only thing we know about Binomo. Binomo Ltd is located in Hansa Bank Building, 1st Floor, Landsome Road, The Valley, Anguilla. In the “About US”, Binomo broker is not providing any specific info. After some research we discovered that the broker is certified by CROFR, Russian regulatory institution. We can consider Binomo to be unregulated, because CROFR license has no international recognition.

The website can viewed only in English and Russian.

Binomo Scam Account Information

Binomo offers 4 types of accounts to all users. They are available in USD, EUR and RUB. These packages are as follows:

  • Standard
  • Gold
  • VIP
  • Demo

The main problem with live accounts is that they offer mostly the same functionality. Binomo scam only adds up the bonus size with each real account package or reduces the time of the withdrawal processing. You can view the conditions of the most lucrative account below:

Binomo Scam Account Information

The overall number of tradable assets is said to be over 50, though Binomo allows to trade them all only on VIP. Unlike Binomo binary broker, good brokerages never provide any trading limits.

Binomo Scam Bonus Review

Our review discovered that there 1 active promotion at this website. The Binomo bonus is given upon making the first deposit. The size of the bonus is determined by the account type.

Binomo Review: Trading Platform

The majority of complaints and negative customer Binomo reviews was about their web-based platform. This binary options platform provides very slow order execution. Moreover, the connection is frequently lost and users often experience various lags. Problems with the software still remain unresolved.

Binomo Review: Trading Platform

Binomo Opinion: Customer Support

Binomo customer support can be reached using a phone, email or Skype. No live chat is accessible on the website. Clients seem to be unsatisfied with the quality of support. Agents are not resourceful and sometimes very rude to the users. Therefore, traders should not expect proper treatment at this binary broker.

Deposits and Withdrawals

The minimum deposit requirement is rather low – $10. To fund the account, clients can use Visa, MasterCard, Yandex Money, QIWI, WebMoney and Neteller. Our Binomo review did not find any information about wire transfers, because this transfer method is not even supported. The withdrawal is made in the same way as the deposits.

Binomo.com Review Conclusion

Binomo does not meet the contemporary customer needs. The absence of regulation and unfavorable trading conditions are just some of the pitfalls of this broker.

Sign up with IQ Option instead

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

Binomo Review Overall rating: 1 out of 5 based on 4 reviews.

Binomo is a scam and a thief.

★☆☆☆☆
1 5 1
BINOMO a scam and band of thief. I cannot withdraw my funds. It took 2 weeks to negotiate. At the end, I have to lose all my funds. Once I’ve lost, they say I can withdraw. If you use Demo account, it’s fine. Once you use real money, the delay, between you order and when the platform takes your order vary from 5 seconds to 20 seconds. No need a technical knowledge, it becomes a Casino. Customer service is rude, very rude. If you speak with Sergey, be careful, he is a liar.

scam - be careful

★☆☆☆☆
1 5 1
Binomo is a scam. More, it is manage by estrange people. Customer service incompetent, a Sergey who doesn't know that its company is fooling people. Once you jump from Demo to Real money, the platform becomes suddenly very slow. I meant, very! You place an order and it takes more than 20 sec. before your order appear. And it appear when you don't want where it appears. Result, you lose money. So contact Customer service, where people are rude, incompetent and when very approximate English. So you contact the famous Sergey! Ha! Sergey. This guy will tell you "yes, it's not our fault, it;s the fault of another company". What? Another company? Which one? He will answer "another company....". That's it! You lost money. Moreover, Sergey will recommend you something after losing money: "Stop trading...". OK stop trading, thank you. After? After, if you want to withdraw money, they will do everything to fool you and to lose everything. EVERYTHING. Scam? Mafia people suit them. Video links will come soon.

scam - be careful

★☆☆☆☆
1 5 1
Binomo is a scam! They will not authorize to withdraw funds as they don’t want to. Do not transfer funds using e-visa-card as they will not transferred back to you, funds. Be careful, demo and real money are different. There is a timing issue when using real money. You click…and several seconds after, they do take your order not where you wanted to have it. Their customer service is incompetent and doesn’t use correct English. BE CAREFUL. Binomo is a SCAM and they are thiefs.
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