Binomo Reviews and Trader Feedback

a European company, which began providing brokerage services in our market in 2014. Binomo offers optimal parameters of trading conditions for trading, its own modern shopping terminal, and a wide range of support services, including training, high-quality, analytical and Russian- customer support language. The company during its presence in the market held optimizing its trading services and today offers its clients the most effective form of trading tools.

General information about the company

The registration of European companies allows a more positive attitude towards the activities of brokers. Binomo broker, according to Binomo reviews, is the company with the highest safety, which differs from most representatives of the options market on high-quality trading services and analytical support. The trading process on the Binomo platform provides its own highly professional trading terminal, equipped with all the technical capabilities necessary for effective trading. One of the main benefits of a client-broker is called the simplest trading profit withdrawal mechanism and speed of operation, which is a maximum of 24 hours.

Pros and cons

Comfortable trading platform: A high-quality platform for trading at the professional level with wide technical potential.

Favorable trading conditions: The lowest parameter of trading conditions. If a competitor requires the trader to start trading and make a deposit of 200-250 dollars, then Binomo broker offers to start trading with a deposit of only 10 USD, which is the amount of investment available to any trader.

Demo account: Created on the main trading terminal. This advantage greatly simplifies the process of developing experience in trading for beginners and allows the use of demo platforms by professionals to explore the practice of market conditions in developing an effective trading system.

Various payment services: As well as a mode of maximum speed on financial operations for the withdrawal and deposit of funds.

Lack of the highest profit types of Range and One-Touch options: But it should be noted that these forms of binary contracts are relatively risky assets and are rarely used by traders in day trading.

Terms of trade

Despite the low level of trading parameters – a deposit of 10 USD, a contract of 1 USD, the trading conditions of the broker have an optimal ratio for effective money management, which is essential for efficient trading. Clients can at a minimum deposit use the classic parameters of risk management policies and operating tools. Thus, the minimum size of a trading contract can make 10 trades, which, coupled with the professional technical tools of the trading terminal allows to make a productive start in the options market. Brokers make offers on the development of their technical trading services, and it gives positive and large results.

Consistent with feedback from clients of Binomo brokers, small trading conditions and professional terminals on the company opens up the possibility of profitable trading with a minimum of investment, which is quite attractive for professionals and beginners. Along with the low parameters of trading conditions, broker Binomo offers for Gold accounts (from 500 USD) and VIP (1000 USD) a program of compensation for trading losses (cashback)-5 and 10% respectively. In addition, the company continues to implement promotions, contests, and tournaments for real accounts as well as demo accounts. This allows the client to increase the operating volume of the fund at the expense of the broker’s own capital and professionalism.