Binomo is a relatively young binary options broker, who started its operation back in 2014. The pros of the platform include. The minimum deposit of 10 USD, the minimal bid of 1 USD, SpotOption, unlimited demo account, 4 types of accounts, trading on weekends. The reviews note that it is a good choice for new traders, because of easy navigation on the website, small deposits, and educational resources. However, you should be careful, because there is not a lot of information on the actual offices of the company

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  • Fouded

    2018

  • Min deposit

    10$

  • Min withdrawal

    10$

  • Withdrawal fee

    10%

  • Inactivity fee

    no

  • Min bet

    1$

  • Max. leverage

    1:2

  • Withdrawal of funds

    1-3 working days

  • Asset type

    Commodities, Stocks, Currency, Indices, Crypto

  • Regulated

    IFC

  • Deposit with credit card

    Visa, Mastercard, Maestro

  • Depositing with electronic wallet

    Yandex.Money, QIWI, WebMoney, Neteller

  • Withdrawal

    Visa, Mastercard, Maestro, Yandex.Money, QIWI, WebMoney, Netelle

  • Avalaible plamform

    SpotOption, IOS, Android

  • Company registration

    Dolphin Corporation, First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines.

  • Availability

    Binomo accepts traders from Thailand, South Africa, India, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

  • Contacts

    support@binomo.com

Pros

  • Over 70+ assets to trade now

    Great account options for traders

    24/7 Skype customer support service

    Free payouts (except for bonuses)

Cons

  • T&Cs for bonuses can be confusing

    Only certificated under FMRRC rules

    Limited number of assets to choose from

    Limited trade types

    Not supported in the USA or Europe