Binomo: questions and answers
Is Binomo regulated?
No. According to our latest data, Binomo holds no licence from any government financial regulator. 5 regulators have issued official warnings about it, including SC Malaysia, NSSMC, CVM, CySEC, CNMV.
Who owns Binomo?
Binomo is operated by Dolphin Corp LLC, registration no. 915 LLC 2021, Saint Vincent and the Grenadines.
What is the maximum payout on Binomo?
Binomo advertises payouts of up to 85% of a winning trade's stake, depending on the asset, expiry and time of day. On a losing trade you lose the whole amount.
What is the minimum deposit at Binomo?
The minimum deposit at Binomo is $10; it can vary by account type and payment method.
What is the minimum trade on Binomo?
The minimum trade on Binomo is $1.
Does Binomo have a demo account?
Yes, you can open a free demo account at Binomo to practise with virtual money before trading for real.
What can I trade with Binomo?
Binomo lets you trade Forex, Stocks, Crypto, Commodities & gold, Indices.
Is trading on Binomo legal?
It depends on your country. Binary options are banned for retail clients in the EU, the UK, Australia, Israel and most Canadian provinces, and other regulators restrict or warn against them. Search the platform's name on your national regulator's warning list before depositing.
Fees, deposits and withdrawals
Deposit methods:
Regulator warnings about Binomo
These regulators published official warnings about Binomo or its websites. Open each link to check the source yourself.
| Regulator | Date | Source |
|---|---|---|
| SC Malaysia (Malaysia) | 9 November 2024 | Open warning |
| NSSMC (Ukraine) | 6 March 2024 | Open warning |
| CVM (Brazil) | 1 July 2020 | Open warning |
| CySEC (Cyprus) | 25 September 2019 | Open warning |
| CNMV (Spain) | 18 December 2017 | Open warning |
Available markets
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