The Best Binary Options Broker 2020!
Perfect For Beginners and Middle-Leveled Traders!
Free Demo Account!
Free Trading Education!
Get Your Sign-Up Bonus Now!
Good Broker For Experienced Traders!
|US Traders Accepted|
|Company Name||Binarium Ltd.|
|Headquarters||Kingstown, St. Vincent and the Grenadines|
|Bonus Type||Deposit bonus|
|Deposit Options||Credit/debit cards,, QIWI, Neteller, WebMoney, Mobile Commerce, Yandex.Money, Bitcoin, UnionPay|
|Deposit Currencies||US dollar, Russian ruble, and euro|
AUD/USD, EUR/GBP, EUR/JPY, EUR/USD, GBP/USD, NZD/USD, USD/BRL, USD/CAD, USD/CHF, USD/EGP, USD/JPY, USD/RUB, USD/SGD, USD/TRY, USD/ZAR
Coffee, Gold, Oil, Platinum, Silver, Sugar, Wheat
AMAZON, APPLE, BAE SYSTEMS, BARCLAYS, BIDU, BNP PARIBAS, BP, BRITISH AMERICAN TOBACCO (BAT, LSE: BATS), CITI, COCA-COLA (NYSE: KO), FIAT, FRANCE TELECOM, GAZPROM, GOLDMAN SACHS (NYSE: GS), GOOGLE, HITACHI, HSBC HOLDINGS, IBM, LUKOIL, MICROSOFT, NIFTY, NIKE, NISSAN MOTOR, PETROBRAS, REUTERS, ROLLS ROYCE, S.BANK INDIA (SBI), SAB MILLER (LSE: SAB), SBERBANK (SBER), TATA MOTORS, TESCO (LSE: TSCO), TEVA PHARMA, TOSHIBA CO, TURKCELL
ASX, BOMBAY SE, CAC, DAX, DJI, DSM 20, DUBAI, EGX 30, FTSE 100, HANG SENG INDEX, IBEX, ISE 30, KL FUTURE, KUWAIT, MICEX 10, MSM 30, NASDAQ, NASDAQ 100 FUTURE, NIKKEI 225, RTS, S&P 500, S&P 500 FUTURE, SSE180, STRAITS TIMES, TADWUL, TEL AVIV 25, TOPIX
|Number of Trading Instruments||83|
|Binary Option Types||Pairs, Turbo Options, One-Touch, Limits|
|Customer Support Types||24/7 online chat, phone, email, and Skype|
|Education Offered||Webinars, one-on-one training sessions, trading school, and tutorials|
|Tools Offered||Economic calendar and market news|
|Commission||The maximum amount for a single withdrawal transaction is RUB15,000 or $250/€250.|
|Languages||English, Russian, German, Turkish, Italian, Polish|
Binarium is an established BO broker who primarily caters to Russian traders. They are headquartered in St. Vincent and Grenadines and is not regulated by any financial authority. Their system offers a website in four languages and is not open to traders in the United States; residents of Israel and Ukraine are also not accepted. Right now their platform is strictly web-based. Binarium uses the SpotOption trading platform which is becoming one of the most popular choices by binary options brokers. They have over 80 assets that a user can choose to trade and offer a variety of educational resources that can be useful for beginners.
Binarium makes it very easy to create an account and start trading right away. To create an account, simply fill out their registration form. Only your name and email are initially required to open an account. After verifying your account with your email, you can then deposit money into your account and start trading. One big advantage is that there is a completely unrestricted demo account that is currently offered to new traders. This is a great tool for those who just want to test out the platform and see if it is a right fit for them. Moreover, the minimum deposit to start trading is only ten dollars so you could test out the system without investing much at first. Let’s next look at the various account types to help you consider which might be the best match for you.
There are four main account types that a person can choose when getting started with this binary options broker. The first account that they offer is labeled their “basic” account. This requires a minimum of ten dollars to open but the resources you get with this account are very limited. It is important to mention that withdrawals using this account type can take up to five working days. The next account type is their “premium” account. This is marked as their most popular choice. With this option, a trader can withdraw money from their account within three days, get a personal trader, have personal trading signals, and have the ability to copy trade during the first week. The premium account costs $500 to open. The next type is their “business” account. This requires at least a $2,000 deposit. This account includes all of the features of the “premium” account along with the development of a personal trading strategy and more in-depth market analysis. Withdrawal time with this account is within one working day. Lastly, their highest account is the “VIP”. A user can attain this account with a deposit of $10,000 or more. With this, you get the great features of all the accounts combined and have access to instant withdrawals.
Depositing and Withdrawing
Like most binary option brokers, depositing money with this service is made very easy to do. Traders can add money to their account using credit or debit cards such as Visa and MasterCard. There is also the ability to deposit through online applications such as QIWI, Yandex.Money, WebMoney, Neteller, Chinese UnionPay, Mobile Commerce, and Bitcoin. The minimum deposit amount is only $10 dollars. Once a person deposits money into their account, the funds are made available to trade from instantly.
To withdrawal money, a trader needs to submit a request for withdrawal of funds. Once this is done, you must wait for Binarium to confirm the request. As mentioned earlier, depending on what account type you have this process varies anywhere between one and five days. However, once the request is confirmed, the withdrawals will be processed right away. The minimum that can be taken out is five dollars. There is no fee to withdraw money and can be done in any of the same methods that are used to deposit funds. The only options available for withdrawal are a credit/debit card, Qiwi, Yandex.Money, and WebMoney.
The service uses the SpotOption trading platform, which is kind of a standard platform for binary option brokers. The platform’s interface itself is simple and easy-to-use. Both candlestick and line charts are available to view, the underlying asset’s price is clearly shown, and the expiration times are displayed. The major downside to this platform is because so many brokers use it, there is really no unique features to it. If you are looking for a feature-rich platform, this is not for you. But overall, the platform performs as you would expect and has the basic functionality of a typical binary options broker service.
There is a decent amount of educational resources that are offered through Binarium’s website. They have a free “lessons” page that offers information on the different types of options and ways to trade them. There are also video lessons that explain some basic trading strategies can be used and help explain how to read the markets. Along with this, there is an updated economic calendar, a list of assets currently available to trade on the platform, and live market news. This information could be helpful for both beginner traders as well as more advanced traders. Furthermore, there are tutorials on how to use the trading platform itself and gives very useful information to start trading right away.
Overall, Binarium has all the features and resources that are becoming standard for binary options brokers. They use a trading platform that is easy to understand and registering with them is a straightforward process. They offer many ways to deposit and withdraw from accounts and do not charge any fees to do so. They offer many different account types to match many different kinds of traders. Even more, they have educational resources that may be useful to many people. The largest advantage of this broker is that they offer a free demo account. An important downside to them is that they are not available to traders within the United States, Ukraine, and Israel. However, they are still a broker that should be considered, especially for people in Russia.
7 Binary Options
When it comes to investing, especially when you are first starting out, experts will always tell you never to invest more money than you can afford to lose. This may seem like overstating the obvious, but it should also make you aware of an important point; there are as many losers when it comes to trading binary options as there are winners. This only highlights further the need for a well thought out money management strategy before you start trading binary options.
An effective money management strategy will help take the extra pressure off as you trade because you are using surplus income that will not bother you as much to lose if your binary option trading does not prove to be successful. A general rule when you are first starting out is to start making your initial monthly trades by using no more than 5% – 10% of your disposable investment income for the month and then gradually increase this to 20% – 30% a month as your binary option trading skills increase and you become more successful.
Here is how that works. Say you have decided that you have a total disposable investment income of $1000 for the current month to trade with. The 10% starting figure we mentioned means that your first trade should be no more than $100. You then make a binary options trade for $100 or you can do two binary option trades for $50 etc… If your option finishes out of the money your total disposable investment income for the month will be reduced to $900 and if your trade finishes in the money you will then have increased this total to $1100.
By only investing a small amount of your total disposable investment income to start, it allows you make more trades during the month and trading over this longer period of time and should give you a better chance of coming out ahead. It also will allow you to chart your results as the month goes along and adjust the total percentage amounts according to how your month is working out trade wise. This is a proven binary option trading strategy that will help you consistently maximize your monthly investment pot.
The Best Binary Options Broker 2020!
Perfect For Beginners and Middle-Leveled Traders!
Free Demo Account!
Free Trading Education!
Get Your Sign-Up Bonus Now!
Good Broker For Experienced Traders!
Start trading now by opening a FREE account on one of our recommended brokers.
Binomo is a simplified version of trading on the stock market. In trading binary options, the same data, assets and quotes are used as in traditional trading. You can start trading with a deposit of only $10, and transactions can be made starting at $1.
|Headquarters||Evagorou, 27, Irene Building, 4th Floot, Office 44, Trupiotis, Nicosia, 1066, Cyprus|
|Support Number||+441143033932 (UK), +23414408171 (Nigeria)|
|Support Types||Phone, Chat, Skype, Email|
|Languages||13 languages, including English|
|Trading Platform||Own development|
|Minimum 1st Deposit||$10|
|Minimum Trade Amount||$1|
|Bonus||Up to 100% deposit|
|Payout||Up to 90%|
|Free Demo Account||Open Demo|
|Regulation||Financial Commission, FMRRC|
|Account Types||Demo account, Standard, Gold, Vip|
|Deposit Methods||Credit and debit cards VISA/MasterCard, QIWI, e-payments, Alfa-Click, Neteller, mobile phone, PSB, WebMoney, Yandex Money, crypto-currency wallets|
|Withdrawal Methods||Credit and debit cards VISA/MasterCard, QIWI, e-payments, Alfa-Click, Neteller, mobile phone, PSB, WebMoney, Yandex Money, crypto-currency wallets|
|Number of Assets||50|
|Expiry Times||60 seconds to 1 hour|
|Types of Assets||Currency pairs, precious metals, crypto currency (Bitcoin BTC, Lightcoyin LTC, Crypto IDX), indices, raw materials, stocks|
|Option Types||Classic High/Low Options|
|Account Currency||USD, EUR, RUB|
|US Traders Allowed|
Binomo is a binary options company that stands out among many other options brokers. By offering a proprietary trading platform to its clients, loyal trading conditions, free training, and bonuses and gift options, the broker is able to be a good alternative when choosing a modern options platform with low minimums to start.
Terms of trade with Binomo
A perfect free training block, continues update of analytical materials and the number one is that this company can become the best choice for novices as it offers to them the lowest trade limit: minimal deposit of $5 and minimal transaction of $1. There is a free demo account available for novices, strategies proven by a good company of market players.
The company trading terms are ones of the top ones in the market. Everything is done here for a trader to sign up easily and start the real trading. The happy brokers customers praise the profitability of the platform, quick withdrawal, lots of offers, free signals. Due to the unique «Non-stop» mode you don’t need to wait for a transaction to be completed to start a new one, since the system lets you open several transactions simultaneously. Besides, the broker makes it possible, to earn from trading not in business days only, but also on weekends. The continuous implementation of advanced solutions to the service, emphasis on the safety of collaboration with the resource, the quality support – it is what made it possible for a young company, to leave the competitors behind. According to ratings of binaries brokers, Binomo keeps taking the top positions in the market outpacing the stronger projects. This is a modern and vibrant company setting big targets and achieving them.
You see already how to trade with Binomo to the effect that to keep getting income on a regular basis, don’t you? For the effective work the platform offers just up-to-date solutions, advantageous tariffs and training programs. The customers know how to win with Binomo more, don’t forget about numerous offers making trading more interesting and effective. Especially that the measurable benefit of this modern company is its offers. On Binomo official website you will find the ones of the most interesting and profitable offers. Why do you need a bonus at all? Binomo coupon – it’s special offers of the platform increasing the capital which may be used for trading, or depends on conditions, even withdrawn and spent the way you like. It’s a chance to earn real cash, get the trade experience.
Basic information about the Binomo broker:
- The company’s website – https://binomo.com,
- Place of registration – the Republic of Cyprus,
- Registration year – 2020,
- Regulatory body license – Financial Commission, FMRRC,
- The broker’s trading platform – a proprietary innovative design,
- Deposits – 10 USD,
- Volume of contracts – from 1 USD to 3,500 USD,
- Assets – metals, raw materials, stocks, currencies, cryptocurrency,
- Profitability – up to 90%,
- Auxiliary services: training, analytics, investment ideas,
- The demo platform – a 100% equivalent version of the real one,
- A mobile terminal – there is one,
- Withdrawals – 24 hours,
- Available payment services – QIWI, Neteller, Union Pay, mastercard, WebMoney, VISA.
Binary options training:
If you’re just starting to get acquainted with the options market, you won’t find a better broker than Binomo. On the company’s website, there is a large collection of material for beginner and professional training.
The theoretical part:
- An interactive guide for beginners,
- A knowledge base that contains the basic concepts of binary trading,
- Video lessons.
The practical part:
- Original trading strategies,
- Technical analysis,
- Fundamental reviews,
- Investment ideas.
One of the significant factors characterizing the broker is its support team. In this regard, the company is praiseworthy. Client support is provided by well-prepared, qualified personnel, capable of quickly finding solutions to any client problem. The support team works 24/5 and is always on the client’s side.
Binomo trading options is quite a solid step for a trader deciding for collaboration with the company, as they actually have the unlimited gain potential. But the key to success is a choice of a trading platform, and Binomo platform is exactly the one you shall pay your attention to: this is an advanced terminal with no analogues in the market, advantageous terms, useful service etc. Reliable regulation, rapid technical support, wide range of tools (shares, CFD, cryptocurrency trading) – all this speaks for the company gravitas, Binomo platform promising outlook and convenience (the feedback is real, withdrawal, bonuses below in our review).
On the own Binomo platform, which is considered to be the one of the best in the market, the most advanced technologies are implemented, professional tools are available, which help to undertake the complete analysis of assets dynamics, high order processing speed. This avoids the necessity of outside services application making the trading more comfortable. Moreover, apart from the advantages described above, Binomo lets traders withdraw the earned profit. The maximal withdrawal term is just 24 hours!
The company platform doesn’t need to be installed to your computer, is characterized by nice design, advanced features: change of chart design, expiration type, assets choice along with studying the information about them, adding indicators and widgets etc. It’s simple and easy or a customer to find out in the platform operation way, understand his options, then he can stake one at once and make a profit. The terminal is targeted both at a novice of the market and a professional trader, both will feel here comfortable enough. You can study at once the breaking news o the market, the analytics of the company staff, watch the quality webinars.
The platform has a unique design, color palette, and a variety of technical tools and technological solutions, namely the following:
- A user-friendly interface with easy navigation,
- The ability to change the display colors and styles,
- Scalable large-format quote charts, with the features of form change, the construction of asset quotes, and views of market history,
- A set of high-performance indicators,
- A selection of graphical tools for technical market analysis,
- The «majority opinion» statistical indicator,
- Highly accurate quotes of base assets,
- A convenient and effective range of expiry periods from 60 seconds to 24 hours,
- 50 base assets,
- Option types – binary and turbo,
- Non-stop trading mode,
- Speed of executing trade requests – up to 1.7 ms,
- The best format for displaying trading history.
The instrumentation and stable operation of the Binomo broker’s trading platform allow the user to implement any trading plan, build their own strategy, successfully manage capital, and, of course, earn!
And the thing options market beginners enjoy the most is the high-tech Binomo platform available in the demo version. So, it’s possible to try your hand at trading and test the company’s trading software without replenishing your account!
Binomo broker quotations
It’s crucial for a young and promising company to provide its customers with the proven and reliable service. So for the customers to have the up-to-date information about quotations available, Binomo cooperates with one of the most respectable liquidity suppliers of the market – Thomson Reuters. So traders can be sure that there are accurate data about the assets prices provided in the terminal, which are continuously updated. This information is common for all users, its change from the broker’s side is impossible.
Binomo demo account
The option of check out a broker’s service and of training trade in its terminal is long time considered to be a professionalism mark of the company, which is fair operating in the market. Binomo offers a free demo account for interested traders, too. This option lets players check out the terminal service, test strategies, complete transactions with virtual money without losing their own capital. The company terminal is its own development. To try trading here and estimate if it convenient is for you, you also should use the Binomo training account.
The demo account is termless, it gives you the real chance to understand in actual practice to what extent the broker is fair with its trader, how professional is its support service, how convenient and stable is the platform. Besides, all the capacities of a real account are available here, which a user works with after filling the account.
Binomo mobile application
One of the major trading platforms in the market offers to its customers a mobile application (iOS, Android), which lets you get the direct access to the system any time. Now the fully-fledged trading nonstop is possible. No matter where you are, as long as your smartphone with the mobile platform is with you. You can trade in the functional terminal, study the stakes history, fill the account, take part on tournaments and offers.
To set up the application to your mobile, press the multipurpose button below, which will automatically redirect you to the online-shop of your smartphone, where you can download the terminal for your operation system for free.
When first time registered by Binomo, you have the right for getting bonuses. Their amount may reach 100% of the filling sum. Such offers let you double your capital at once after you signed up in the system, with no risks for your deposit.
If you go for a Binomo bonus, you shall certainly study its use terms, as any platform has rules, is customers shall follow using the bonus offer. Please note that the company cares about the project marketing part. So there is a great amount of campaigns and special offers available on the platform. For example, Binomo bonuses are the additional options by the first account filling, these are the «megabonuses» – gift offers with a hefty money reward.
One more significant advantage of the company are numerous tournaments designed specifically for platform users, they let you not only check your intuition in use, but are also a good way to earn the proper capital with no risk for your deposit. The tournaments take place on the regular basis and provide a generous sum of the prize pool, may be both, requiring payment and free, some of them are held specifically for novice traders, others are focused on professionals. Before you try your hand in a tournament, read its participation conditions carefully. We assure you, the effective trading is possible only if you build up your familiarity with it in a proper way. If you got interested in the company capacities we described above, welcome to binomo.com! Taken to the website you will unveil a wealth of opportunities!
Deposit and withdrawal
A very good reliability sign of the company providing trading services is a strict payout discipline. The withdrawal with Binomo really happens within 24 hours. On the average, the money comes in 3-4 hours after withdrawal request to the indicated wallet! This impressive processing speed points to the fact that Binomo is very quick with payouts and will never «squirrel» your earned funds away. You know, it is very important at a time when a great number of other similar resources start «machinate» after the application execution, ingeniously inventing more and more excuses for you.
Well, Binomo let traders withdraw their earnings without any problems. It’s possible with payment cards VISA, UnionPay and MasterCard, services Alfa-Click, Neteller, QIWI, PSB, WebMoney, Yandex money, cryptowallets. Here we point that the minimal withdrawal sum starts from $10 and the company doesn’t take any fees for transactions, the customers save sizeable amounts due to this.
Complaints against Binomo
Our team studied carefully thematic forums and portals, with the information and feedback about Binomo. We noted a certain amount of the negative comments from customers, caused, as appeared, by technical problems on the company website while transferring it to a new trading platform and changing the bank where all deposits of users are kept. On the back of technical faults the public anger raised, which cooled down right after the service operation was put in order. It’s a tribute to the platform to create a perfect trading platform where it takes really just 24 hours to withdraw funds, so there is no rhyme or reason to consider that public anger as a shortcoming. Quite the contrary, the collaboration with Binomo became hugely more nice and more quality.
If we find complaints about Binomo, we will post it on social media. Follow us to be well informed:
As for the rest, the complaints against Binomo don’t exceed the threshold. And this speaks for the fact, that Binomo manages its aims and missions successfully, trading on its platform is gainful and comfortable.
Binomo broker regulation
Binomo submits to jurisdiction of FMRRC (№ RU 0395 AA Vv0120). It means the company is regulated by a serious agency performing audits of the company activity of the clarity and quality of its services, guaranteeing the security of all deposits of the customers. In case the financial issues with the platform happen you will take your funds back easily, this also speaks of its reliability.
Apart from this, the company is a member of the International financial commission («A» category) since May, 2020. This fact also makes it clear, that Binomo is a reliable project guaranteeing to users the high quality service, clear cooperation and protection of their funds by professional company.
Binomo «User agreement»
One of the essential documents, «User agreement» of a customer with the broker gives you a chance to check out the internet resource rules, aspects of transaction setting and withdrawal process, lets a trader study his rights and obligations. This information must be studied before you signed up with the platform to protect yourself from possible problems collaborating with the broker in the future.
In «User agreement» of Binomo you can find various materials, which make a trader think of many aspects. For example, in the paragraph about the nuances of quotations display in the terminal it is pointed that it is the only information source of assets price. At that the quotations can’t be true at a certain point as they are influenced by terminal stable connection with the company servers. The broker also does not guarantee that the transactions executed by these quotations at some point will be completed by the same price. It is not really convenient for traders counting on some profit while working in the market:
Or please note the fact that in case of disputes on transactions client-side proceeding the information on them happens based on the broker’s materials. At that, the complaints concerning the missed profit and a claim for compensation for the emotional distress are totally ignored by the company, this also complicates the interaction with it:
A customer confirms that the risks of trading may be essential – this is the fair paragraph published on the most broker platforms. However, cooperating with Binomo he automatically agrees also, that the company does not bear the responsibility in case of his losses happened due to force majeure and other circumstances. This information also makes the cooperation with the resource «shaky», as there may be a lot of such «circumstances», which may also result in significant losses:
Is Binomo a scam?
As of now Binomo is one of the most advanced and fast-paced trading platform in the options market, the broker received the FMRRC license, is committed with all the clauses of the customer agreement and its own trade terms. So saying Binomo is a scam would be the true aspersion on the fast-growth company.
Binomo company is worthy of separate attention of traders. It offers some of the most loyal trading terms in the options market, provides the perfect trading soft, access to free trainings and daily analytics. Besides, please note the rapid withdrawal of funds from Binomo platform, which will be transferred to you within 24 hours, – not every company can boast about! Needless to say the regulation of Binomo leaves a certain degree of confidence in it, along with the customers’ deposits coverage eliminating any risks in the market.
What can we say about the company as a whole? If you need a broker with good trading software, high profitability of options, achievable conditions to start trading, and free training – Binomo is the way to go. Focusing on high stock exchange standards, this company is loyal to all its clients. Whether you are an experienced trader with hundreds of thousands of dollars, or a novice trying to make money on binary options, Binomo provides all of the conditions for self-realization. And that is the most important thing that you can look for in an options company!
One final comment is that Binomo passed our careful audit relatively easy and is very worthy to join the ranks of those companies allowing you trade options without any problems and make a pretty penny out of it. Moreover, Binomo lets you all the earned profit without any problem, the company is regulated by FMRRC, has numerous positive comments from customers! Picking Binomo company for trading you obtain quality, stability, safety and innovations in one platform! These are the perfect advantages, which may be hardly found by majority of other similar trading platforms of the financial market.
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.
Hello, Nikos! Please, tell us the ID number of your account. We remind you that your account has to be verified, so, please, send us the photo of your passport to [email protected] . We also kindly ask you to provide the screenshots of the deals you think were not closed correctly. Thank you and have a nice day !
What? You are deleting my reply? Binomo is deleting REPLY?
Come on people! You stole my money and you want my passport scan? Are you kidding?
Why, Binomo, do you, systematically remove my answer?
No, I will not have a nice day as you sole my money. You already have my passport scan. You already send me an email saying that you server had a problem. Did you reimburse me funds? No! I even couldn’t withdraw money. Scam you are, videos are published all over the net.
Why do you delete my posts? Why do you delete other posts? Why do you want my passport as you already got it? Why should I provide to you screenshot as I am talking about videos? How can we see you’re a scam company with screenshot? Nonsense..
Agree with Nikos.
Do not sign up with Binomo. Thief people. They will suck all your money with their very platform. No need to have techniques as it’s only casino. Technique requires on time trade which is not the case. Your trade now, they will take into account your trade in 20 seconds.
Dear Marcel, we don`t have a possibility to delete the comments. You can be sure that we never did it. If you still experience withdrawal issue, then, please, contact us via [email protected]
Hello. It seems that my previous comment was deleted by Binomo. So, if they delete, you understand which kind of people they are.
As said Nikos and other persons, do not sign with Binomo. They will take all your money with their very under performing platform and incompetent staff.
It appear that Binomo succeed to remove negative comments. I will answer from Nikos, as I had the same problem.
With Binomo, you have to provide you passport scan, Credit Card scan and other details, but you will never be able to withdraw your money and what ever you provide (such as shot screen), they will never reimburse you. Scam and mafia people they are.
Well…let’s say that Binomo it’s a scam. Just be careful as their platform is performing only with Demo account, When trading with real money, it’s juts Casino.
Their customer service is a band of thief, incompetent and they will do their best for you to lose patience, and money. They will NEVER allowed you to withdraw funds.
They have a guy, Sergey, who is suppose to help you. It’s a just a puppet,
Be carfeul! SCAM for sure
Videos are available on youtube in Englsih, Russian and Thai. to prove it.
Don’t put 1 cents on this option . Same apply to IQ Options.
Same companies….same mafia.
We feel sorry that you had a negative experience. Do you have a proof of incorrect platform functioning? Withdrawals are processed according to Client Agreement without any delays. What exact withdrawal issue did you had? We always consult on any issue of our clients and do our best to solve any of them. If it is still actual, please, contact our support department via [email protected]
This was the worst broker I have ever dealt with.
They have a BAD support, where the employers doesn’t even speak a good english and send over and over again the SAME answer on almost all emails.
After 6 months trading with them (The only reason was their good payout during 21-22gmt) they blocked my account and from a few of friends for no reason.
First, they requested me a video conference (after 6 months using the broker with all documents OK). So I did it via SKYPE.
They said I should receive an email from the Security Departament.
In the next day, nothing happens, then I sent an email again and they said I have to wait 90 days to receive a message from their departament. In the meanwhile, I have not acess to my account or even can withdrawl my funds.
I consider this as a theft.
As I said in the begin, their support is the worst ever, so I will never get my money again. I have friends who loose over 6.000, some 3.000usd each one. Stay away from this broker.
Binomo send withdrawl on wornge address 3pavoApa2a4eSkikTEm9niH3pDTT8HKdBU
binomo mistake its not gvie me withdrawl my address 39guhXURRhDxaFq4n12xKV9xkd7DkTQwBH i lost 18 usd now when binomo give me return
Hello To All, Binomo is a platform for all, its is easy to use and trustworthy too. It is pretty convenient to trade using the Binomo platform. Well, I am no expert in trading though, however I did it very well as Binomo provides support at every step. You can call them anytime. This makes trading risk free, as you get support from the professional team.
It is a good platform. It is relatively easy to use as well. The best way to make money using Binomo is first, to practice, and second to remain updated. Be a vocal part of networks, forums, Facebook groups etc to keep knowing about the latest happenings in the field. The amazing resources provided by the platfrom make it very easy to use!
Hello, A surpsisingly easy to use platform. I love using Binomo as it has a seamless interface. The website has detailed instructions on how to use it. It has a great 24/7 customer service as well, which helps make the tasks easy.
Binomo provides seamless trading facilities. You go to their website, and the interface will guide you take further steps. If you are still not able to use it, you can call their customer support which is present 24*7 for assistance.
Binomo is a good platform as per me. I am based out of India and it is a new entry here. I would recommend this to people who want to start off. It is definitely now a cam as I have not lost any money.
Thanks for sharing your experience
Wish you good luck
As per my knowledge there are mixed reviews about all trading platforms. Some people claim it to be scam and some are genuinely an expert in trading. I have recently started with BINOMO and with a great experience i can say that it’s not a scam at all.
I have been trading on binomo from last 6 month and earn lots of money by following RSI Chart. I have withdraw my money from binomo without any problem. what i’m suggesting to people , before playing any you need to learn first and binomo provides such kind platform where you can open account with Demo Balance of RS.65000 and learn by trading and then enter int he real world. thanks
While trading on binomo, One thing i noticed that whenever you please position either UP or DOWN, they go in binomo favors but it’s not always as i have earned many times so be very careful while trading .
I have absolutely no complaints about the work of this broker. I started working with him for a long time, and in principle, all the results are completely satisfied — the broker is convenient, and profit is still pretty good.
I really liked this broker. According to the results of my work, I have only positive feedback – everything works without problems. I think this company is quite a good method of earning. recommend other to use and trade
Binary Options – here you will find everything you need to know about them!
What are Binary Options?
Suppose you’d decided to try trading and to close your first transaction. This type of trading has many positive features. When performing your trading operations, starting from the first hour you will have a possibility to get up to 85% of the amount you invested. Another important feature of this trading type is its high security level in comparison with other areas – the risk level of a particular financial operation can easily be identified in advance, because Binary Options give you a possibility to see the amount of your expected profits or losses immediately. Beyond that, when using these instruments, transactor can choose a time period, during which a specific option’s execution should be performed, and that means that there is a possibility to perform a short-term trading.
If you are not sure that you will do everything right on the first try, or if you don’t want to risk before your time, just try to perform your trading operations with minimum financial investments. You can independently set your own account’s size, because Binary Options allow for making investments starting from $1. Later, after gaining your first experience, you will be able to close transactions with larger financial volumes.
Top 3 best Binary Options brokers
“Verum Option” broker provides its users with very profitable trading conditions – it returns up to 80% of partner payouts, uses US dollar (USD) as the deposition currency and allows for making transactions with the minimum amount of \$1. Moreover, this service offers such deposition and withdrawal methods as Visa/MasterCard, QIWI Wallet, WebMoney and Yandex.Money. There is also a possibility to withdraw your money via the bank transfer. Its minimum deposit is just 5 US dollars, and maximum lot – 1000 US dollars.
This platform has nearly twenty years of working experience, so that it can rightfully be considered as one of the biggest and most profitable brokers on the world’s financial market. The platform’s users can trade indices, currencies and raw materials on a 24-hour basis and seven days a week, including weekends. “Binary.com” broker allows for simultaneous processing of 15 transactions and makes it possible for its customers to keep their funds on segregated accounts.
“Binary.com” company is the licensed BO broker with regulation in Malta, Great Britain, Ireland and Japan. Apart from that, this company offers its services to users from CIS countries.
The platform allows its users to open two account types – demo account and real account. The minimum deposit here is $5. On top of that, “Binary.com” broker’s customers can perform their trading activities using three different currencies – US dollar (USD), Euro (EUR) and British Pound (GBP), place deposits and withdraw their money with the help of Visa/MasterCard bank cards, Wire Transfer and Western Union money transfer systems, as well as use various electronic payment systems, including WebMoney, Skrill, Moneta.Ru, Neteller, QIWI Wallet, InstaDebit, UKash и ClickandBuy.
This trading platform is a web-terminal – in-house development of “Olymp Trade” company. The broker provides its customers with a possibility to use both real account (to trade Binary Options) and demo account. “Olymp Trade” broker allows using US dollar (USD), Euro (EUR) and Russian Ruble (RUB) as deposition currencies. The minimum transaction volume here is the same as the one in “Verum Option” and “Binary.com” – it is just $1.
To withdraw their money, “Olymp Trade” company’s customers can use Visa/MasterCard bank cards and such electronic wallets as QIWI, Yandex.Money, NETELLER and Contact 24. The withdrawal is possible only to the card or wallet you used to place a deposit.
Of course, the list of brokers doesn’t end here, because the financial market presents plenty of opportunities for BO trading. We have provided you with the information about top 3 best BO companies. If you want to see the full list of BO brokers, you can do it by visiting this page.
Binary Options Forum – The place to find information about brokers
You probably will have many different questions at the beginning of your work, because normally every trader has his/her own requests and preferences. Are Binary Options legitimate? How to make money on Binary Options? Where can I find a suitable forum? Is there any guide about how to start trading? Which is the best partner to choose? Which currency should I work with? Which one of brokers pays in the currency that suits me best? How to define the optimum size of a deposit? Can I earn more? You can find answers to all those questions on our BO Forum.
This service gives the detailed information both to newcomers and experienced traders. Reading this forum you will be able to find out about the different BO trading strategies, check out some reviews about these instruments, ask experienced traders’ advice and even find the person who will help you get the hang of things and make the most even out of your first transactions.
Binary Option types
Many brokers offer a wide variety of the trading instruments, modernizing old ones and developing new tools. In this section we will list the most popular of them, and those most commonly used for trading.
Binary Option – High/Low
Binary Option – Touch
Binary Option – Range
Binary Option – Spread
Binary Options’ main strategies
When asked how to make money on Binary Options, it is worth noting that it is practically impossible to make a large profit without using a certain strategy. Any trader is free to choose his/her trading strategy and brokerage company depending on his/her demands and wishes. Someone just uses “trendy” strategies with these instruments, someone acts under long-term or, on the contrary, short-term strategies, and some users aim to get their profits by any method. As of today, the financial market is full of various BO trading strategies, and it would be virtually impossible to list all of them. Among other things, we should also keep in mind that the financial market constantly changes being influenced by the different political and economic factors, so it is not always easy to find the right trading strategy that would work permanently and smoothly under such conditions. Let’s speak about the most suitable strategies for beginners:
Options’ strategy – Three in a row
“Reverse” strategy for Binary Options trading
“Spring” strategy for Binary Options trading
“Martingale” strategy for Binary Options trading
“New Martingale” strategy for Binary Options trading
Binary Options’ charts
Binary Options’ live chart
In more recent times, live charts gain the increasing popularity among traders. Besides that, beginners like them very much – when using live charts you don’t have to register with brokers, and it becomes even simpler to set indicators and test strategies.
Live charts are quite user-friendly also because unlike Forex trading, BO trading is much easier and requires lower number of the instruments. Therefore, live charts are easy-to-use, have no lags and allow traders to monitor trading on a real-time basis.
Binary Options’ bonuses for beginners
Very often brokers offer their beginners various bonuses. These extra amounts can be used during the trading process in addition to the trader’s main funds, but users can withdraw them out of their accounts only subject to certain conditions of a broker. Such bonuses are of several types:
Binary Options’ bonuses at registration
This type of a bonus is granted as a deposit amount for registration. It is often charged after the first deposit placement. It can be equal to 100% of the amount! The percentage is different from trader to trader, and the bonus’ highest amount almost always has its limitations. To withdraw the obtained bonus funds the trader has to perform the requisite quantity (specified by broker) of transactions with the bonus amount.
Binary Options’ bonuses on additional deposit
These are additional trading funds that are charged by a broker depending on the sum invested by a trader. The quantity of such bonuses is a bit lower than the one of registration bonuses, but they also make some positive contributions to the beneficial trading.
Risk-free options’ bonuses
The idea of this bonus is as follows: a broker insures trader’s first transactions. If in performing his/her first transactions the trader loses money, the broker can charge him/her with additional funds to cover those losses. The advantage of such bonus is that the trader takes no risks during the trading process – if he/she loses money, then this loss is covered by the broker, and if he/she reaches profitability – he/she keeps his/her earnings.
No deposit bonus – Binary Options without investments
These bonuses are charged to a trader’s account during the registration and require no first deposition. Such bonuses usually have stricter withdrawal conditions, but at the same time allow a new user to come to grips with the working principle of the platform and provide safe opportunity to learn how to trade. Often, such bonuses are charged automatically, but in some cases special application may be required to get them.
BO trading cash back bonuses
This is the simplest bonus type. The basic idea is that the broker compensates a part of the trader’s losses – normally 15-20%. This bonus should be used only when trader is at a loss; however, there is no need to return bonus if trading with profit.
Referral bonuses are charged to a traders’ account for every “friend” attracted. Moreover, a certain percentage is charged to a trader’s account for every deposition of the account of another broker’s customer who registered on a platform through the referral link of a trader. Click this link to check out bonuses presented in our system.
Binary Options – Demo account
Demo-account – is an account with virtual funds, through which brokers’ new customers can evaluate the quality of work of a certain platform. Aside from that, demo-accounts are frequently used by the beginners in order to practice, and by experienced users – to test some new BO trading strategies. It is very important when the broker has such account type on its platform, thus giving its customers a possibility to use it for free.
Demo-account is very easy to use, and the basis of such simplicity lies in the principle that you cannot lose your real money. But if you take demo-account trading as a real one, it can teach you a lot. When the time comes to enter the real market, you will be well informed about all instruments and strategies and your trading will be much easier with such great experience!
IAFT recommends that beginners to try trading Binary Options by using demo-accounts of the flowing brokers:
|Verum Option||Open demo-account|
|Olymp Trade||Open demo-account|
Binary Options – The professional’s opinion
When starting with binary options traders may often have numerous questions, and they usually express a desire to know some professional opinion of the expert that deals with this sector of the market. One of the biggest professionals in this area is Mr. Nikolay Kokar – the experienced trader and trainer. His expert’s opinion expresses the idea that BO trading – is one of the most profitable activities, but only if you have the right approach to it.
Mr. Nikolay Kokar recommends using his trading strategy called “New Martingale”. This strategy was created on the basis of already existing and highly regarded “Martingale” strategy, and by taking ideas from some other strategies targeting long-term rates on global trends. This BO specialist believes that “New Martingale” strategy protects traders against bad investments and reduces risks.
Videos about Binary Options
You can get more information by watching our topic-oriented video package. It provides a good overview of all the peculiarities of working with binary options and focuses on how to make money on binary options.
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