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About Company
License
Warning
This company is currently unproved. Please be cautious of the potential risks!
What are the differences in regulations for each ?
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
License
Warning
This company is currently unproved.
Please be cautious of the potential risks!
What are the differences in regulations for each ?
Get to know Binomo
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Get to know Binomo
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Primary Industry
HQ Location
Research date: Feb 28, 2025
The website provides extensive resources and tools for trading in Forex, cryptocurrencies, commodities, and stocks. It offers live rates, trading signals, educational articles, and a variety of trading platforms and brokers. Users can access market forecasts, economic calendars, and trading strategies, as well as learn about different types of trading signals. The platform also features broker reviews, comparisons, and guides on how to choose the right broker. Additionally, it highlights the risks and rewards of binary trading, providing insights into various trading platforms and their features.
The website provides news updates primarily focused on political, security, economic, and social issues in the Democratic Republic of the Congo (RDC). Recent headlines include political calls for unity against Rwandan aggression, security resolutions from the UN, and incidents of violence in various regions. The site also features articles on women's entrepreneurship and public health concerns. Overall, it serves as a platform for current events and societal discussions in the RDC.
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opponghubertjunior424286
Direct review
Excellent
Overall Thought
Social look up
Bad
Total 1 Cases
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Feb 15,2024
08:02
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Binomo
AI Review analysis
Letâs TrustFinance AI Summarize all the reviews for you.
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1 SepOverall Thought
Excellent
The features of Binomo save me countless hours.'s amazing how much time I can allocate to other important tasks.
Read more30 AugOverall Thought
Excellent
I enjoyed using this platform because it's friendly to access and the features are great
Read more28 AugOverall Thought
Excellent
Binomo is a reliable and user-friendly trading platform for binary options. It offers a wide range of assets, customizable trading interfaces, and a demo account for practice. Ideal for both beginner and experienced traders.
Read more27 AugOverall Thought
Excellent
The platform offers a range of trading options, including binary options and forex, making it suitable for both novice and experienced
Read moreSummarization
Binomo is a forex broker that offers trading in binary options, forex, contracts for difference (CFDs), and cryptocurrencies. Founded in 2014 and registered in Saint Vincent and the Grenadines, it is operated by Dolphin Corp LLC. It offers trading in currencies, stocks, commodities, and cryptocurrencies. The broker has its own proprietary trading platform that is easy to use, featuring advanced charting tools, a wide range of technical indicators, and customizable trading settings.
If you ask whether Binomo is good, you must first consider the license factor. The broker has the following licenses:
FINANCIAL SERVICES AUTHORITY St Vincent & The Grenadines (FSA) License No. 915 LLC 2021 under Dolphin Corp LLC (a company incorporated under the laws of St. Vincent and the Grenadines with registered office at Euro House, Richmond Hill Road, Kingstown, St.Vincent and the Grenadines
â ïļWarning: Although the broker is regulated, many users are concerned about the FSA license because it is a Tier D license, which makes users feel uncertain about the supervision of this agency. There is no information from the broker to confirm that this license is in effect. Therefore, this factor should be considered again before investing. The website simply states that it offers a wide range of trading assets, but does not provide any direct details about the trading products.
Binomo's trading platform supports trading with a minimum balance of $10 and can be started from $1. It also has a special mode called âNon-stop Tradingâ, which allows users to trade continuously without any limit on the number of trades, and trading can be done over the weekend, giving users the flexibility to trade even during market closing times. Applications are available for iOS and Android.
However, the website does not provide much more details about the supported platforms.
On the Binomo website, there is no direct information and details about account types.
Binomo does not provide clear information on its website regarding the supported deposit and withdrawal methods. Generally, the minimum deposit amount is around $10. However, the lack of details on the supported payment methods may be inconvenient for users. To find out which payment methods are available, clients are advised to contact the brokerâs support team directly for more information. This lack of clarity may make some clients hesitant, especially those who want transparency in their transactions.
Binomo offers customer support via email.
Email: support@binomo.com
Phone number: +18499366003
Binomo is a broker focused on binary options trading, with an easy-to-use mobile application that is perfect for traders who want to make quick and convenient investments. However, there are also a number of disadvantages to consider for this broker, such as concerns about the reliability of its license, lack of support for the popular MetaTrader platform, limited educational resources, limited customer support options, and a lack of transparency in explaining account types and deposit and withdrawal methods, which can make customers feel unsure about using it.
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