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No Regulation
Score
1.18 /10
Danger
Binomo Fx Trading
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Comparison
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Exposure
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Website
Score
Regulatory Index0.00
Business Index4.49
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
2
Previous Detection :
2024-10-02
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
Note: Binomo Fx Trading's official website: https://binomofxlimited.com/ is currently inaccessible normal.
| Binomo Fx TradingReview Summary | |
| Founded | 2023 |
| Registered Country/Region | Cyprus |
| Regulation | Unregulated |
| Market Instruments | Forex, Cryptocurrencies |
| Demo Account | Not Mentioned |
| Leverage | Not Mentioned |
| Spread | Not Mentioned |
| Trading Platform | Not Mentioned |
| Min Deposit | $500 |
| Customer Support | Email: support@Binomofxtrading.com |
Binomo Fx Trading is a broker operating without regulation. Its market offering covers forex and cryptocurrency. Trading on this platform requires a minimum deposit of $500.
Pros & Cons
| Pros | Cons |
| None | Lack of regulation |
| Unfunctional official website | |
| Absence of a trading platform | |
| Non-transparent trading conditions | |
| High minimum deposit requirement |
Is Binomo Fx Trading Legit?
Binomo Fx Trading is currently an unregulated platform. Trading with an unregulated broker like Binomo Fx Trading poses significant risks.
What Can I Trade on Binomo Fx Trading?
| Trading Asset | Available |
| forex | ✔ |
| metals | ❌ |
| commodities | ❌ |
| indices | ❌ |
| energies | ❌ |
| stocks /shares | ❌ |
| cryptocurrencies | ✔ |
| options | ❌ |
| funds | ❌ |
| ETFs | ❌ |
Customer Service
| Contact Options | Details |
| support@Binomofxtrading.com | |
| Physical Address | Germany: Binomo Fx Trading Germany GmbH Keplerstraße 6 71636 Ludwigsburg |
| UK: Unit 1 Lancaster Court, High Wycombe, Buckinghamshire, HP12 3TD | |
| USA: 101 W Blount St 6th fl, Kinston, NC 28501 |
The Bottom Line
In summary, Binomo Fx Trading is a platform with no regulation, no trading platform or functional website. Given these circumstances, please stay away from this platform and choose a more reputable broker for a better trading experience.
FAQs
Is Binomo Fx Trading legit?
No. Binomo Fx Trading has not been regulated by any autorities.
Is Binomo Fx Trading good for beginners?
No. Unregulated platforms are not good for beginners.
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