Score

1.56 /10
Danger

Binomo

Saint Vincent and the Grenadines

5-10 years

Suspicious Regulatory License

Global Business

High potential risk

A

Add brokers

Comparison

Quantity 55

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.41

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
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

open now

Regulatory disclosure

Danger

CY CYSEC
2025-08-14
Warning regarding unregulated entities
Binomo
247firstinvest
Hoxton Capitals
primuscfd
21stFxOptions
24PrimeOption
Bright Finance
AlphabitFx
AC Markets
APMETRADE
Alfa Capital
BullMarkets LLC
Aintelligence24
WeOnMarket
21st Finance
24traderush
WrPro
A. Eternity Capital Management
24liveoption
AllOptions
FidelityCfd
BNB Smart Chain Bots
Capitaliko
Binarytradeoption
Arkis Eguro
Admiral Markets
NortenWay
Athlos Capital Investment
Boom XCHANGE
Aglo Trade
FPM Helenic
24Yield
Best Brands Group
BCO
ApexFinancialTrading
Capital Trader
Capital Level
Bitget
Fiatfx Global
BitOptionFX
BrokerOne LTD
avafinancials Brokers
Binarium
CALIBUR
BitFxMarket
TCM Globals
Binarium
Fake Bogofinance
BT Markets
ATFXTRADE

Danger

CY CYSEC
2019-09-25

Broker Information

More

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 3
Previous Detection : 2025-10-02
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • WikiFX has received a total of 52 user complaints against this broker, please be aware of the risks and do not be scammed!

WikiFX Verification

Pyramid scheme complaint
Expose
    Binomo · Company summary
    Binomo Review Summary
    Founded2022
    Registered Country/RegionSaint Vincent and the Grenadines
    RegulationNo regulation
    Market InstrumentsGoods, equities, currency pairs, indices and cryptos
    Demo Account
    Leverage/
    Spread/
    Trading PlatformBinomo
    Minimum Deposit$10
    Customer Support24/7 support
    Tel: +1 8499366003+18499366003
    Email: support@binomo.com
    Social media: Youtube, Instagram, X, Telegram, Facebook

    Binomo Information

    Binomo is an unregulated broker, offering trading on goods, equities, currency pairs, indices and cryptos on Binomo trading platform. The minimum deposit requirement is $10. The broker offers demo accounts.

    Binomo's homepage

    Pros and Cons

    Pros Cons
    Low minimum deposit requirementNo regulation
    Demo accounts offeredNo MT4/MT5 platform
    No deposit/withdrawal feesUnclear fee structure

    Is Binomo Legit?

    No. Binomo currently has no valid regulations. Please be aware of the risk!

    No license
    Domain information

    What Can I Trade on Binomo?

    Binomo offers trading on goods, equities, currency pairs, indices and cryptos.

    Tradable Instruments Supported
    Goods
    Equities
    Currency pairs
    Indices
    Cryptos
    Commodities
    Stocks
    Cryptocurrencies
    Bonds
    Options
    ETFs
    What Can I Trade on Binomo?

    Account Type

    Here are five account types Binomo offers:

    Account TypeMinimum Deposit
    Free /
    Standard /
    Gold /
    VIP $1,000
    Prestige /
    Account comparison
    Account comparison

    Binomo Fees

    Binomo does not charge any commissions or fees for deposits and withdrawals. However, there is a limit on the number of withdrawals without a fee for certain countries. If clients are from such a country, they can withdraw funds once every 24 hours without a commission. If clients exceed that limit, the fee will be 10%.

    Deposit fees
    Withdrawal fees

    Trading Platform

    Trading PlatformSupported Available Devices Suitable for
    Binomo Web, Android/
    MT4/Beginners
    MT5/Experienced traders
    Binomo platform

    Deposit and Withdrawal

    Binomo accepts payments via bank card, bank account, e-wallet and crypto wallet.

    Withdrawals directly to a bank card are only available for cards issued in Ukraine or Turkey. If clients are not from these countries, they can withdraw to your bank account, an e-wallet, or a crypto-wallet. Bank account withdrawals are available if the bank is in India, Indonesia, Turkey, Vietnam, South Africa, Mexico, and Pakistan. Withdrawals to e-wallets are available for every trader who has made a deposit.

    It usually takes payment providers from a few minutes to 3 business days to credit funds to clients' payment method. In rare cases, it can take up to7 days due to national holidays, payment providers policy, etc.

    The minimum withdrawal limit is $/€10 or an equivalent of $10 in the account currency.

    The maximum withdrawal amount is:

    • Per day: no more than $3,000/€3,000, or an amount equivalent to $3,000.
    • Per week: no more than $10,000/€10,000, or an amount equivalent to $10,000.
    • Per month: no more than $40,000/€40,000, or an amount equivalent to $40,000.
    Deposit
    Withdrawal
    Withdrawal

    News

    ExposureWhy Are Binomo Users So Upset? Here's the Latest Issue!

    If you are into forex trading and not aware of the latest happenings in the forex market, there are chances you may fall victim to your broker or another broker you don't know about. Knowledge is the only weapon that protects you from any Investment scam. Therefore, there is an article you must read about Binomo, why are users showing disappointment with this broker?

    WikiFX
    2025-09-01 15:43
    Why Are Binomo Users So Upset? Here's the Latest Issue!

    ExposureFraud Alert: 5 Issues You Might Face with Binomo

    Binomo is a fake broker that pretends to be genuine. It makes unrealistic claims to lure traders into their trap. Before you fall victim to this scam, we’re here to issue a fraud alert and expose the five red flags you need to watch out for.

    WikiFX
    2025-07-31 18:27
    Fraud Alert: 5 Issues You Might Face with Binomo

    ExposureGather together! Protest against Scam Investments-Binomo Affiliate Promoters

    The explosion of screams from the victim of fraud, Indra Kesuma alias Indra Kenz, an affiliate of the forex broker Binomo, is still resounding. What else are they proclaiming this time?

    WikiFX
    2024-01-03 15:59
    Gather together! Protest against Scam Investments-Binomo Affiliate Promoters

    NewsWhat is the best indicator for the breakout strategy?

    The story of Netflix’s breakout in 2013 is a prime example of why you need to spot trading opportunities in time. For nearly two years, the company’s stock price was stuck in a range between $50 and $130. But then, in October of 2013, Netflix released a game-changing earnings report, and the price had soared to $389 by the end of the year.

    WikiFX
    2023-06-25 11:28
    What is the best indicator for the breakout strategy?

    User Reviews

    More

    User comment

    10

    Comments

    Write a review

    FX2562215251
    0-3months
    No me permite retirar mi dinero, dice que mi cuenta no existe y de esa misma cuenta fue donde trasferí mi dinero y no me permite retirar nada de mi dinero
    No me permite retirar mi dinero, dice que mi cuenta no existe y de esa misma cuenta fue donde trasferí mi dinero y no me permite retirar nada de mi dinero
    Translate to English
    2025-07-17 02:13
    Reply
    0
    0
    FX9075412862
    more than one year
    Ini masih dengan akun stevani12, saya sudah memohon sama dia agar uang saya bisa di balikin tapi masih aja tidak bisa, saya diamkan dan tadi saya cek kembali ternyata layar di link nya berubah, apakah tidak ada yang bisa membantu saya😭😭😭, berikut adalah tampilan akun lama dan tampilan akun baru, mereka sengaja merubah nya agar tidak bisa di lacak kayak nya,, tolong bantu saya mendapatkan setidaknya setengah dari uang ini,
    Ini masih dengan akun stevani12, saya sudah memohon sama dia agar uang saya bisa di balikin tapi masih aja tidak bisa, saya diamkan dan tadi saya cek kembali ternyata layar di link nya berubah, apakah tidak ada yang bisa membantu saya😭😭😭, berikut adalah tampilan akun lama dan tampilan akun baru, mereka sengaja merubah nya agar tidak bisa di lacak kayak nya,, tolong bantu saya mendapatkan setidaknya setengah dari uang ini,
    Translate to English
    +2
    2024-08-24 19:35
    Reply
    0
    0
    55