Binomo Review 2025
- Min Deposit: $10
- Payout: 90%
- Demo Account: Yes
- Expiry Times: 1 minute - 60 minutes
Binomo is ideal for global traders focused on short-term binary trades, up to 1 hour, in popular markets. With 100+ regional payment methods, a $10 minimum deposit, and a free demo account, it suits new traders globally.
Binomo is a broker offering binary options through what it calls ‘Fixed Time Trades’, featuring variable payouts, VIP accounts for well-capitalized traders, and over 100 payment methods for international traders. However, average payouts, poor regulatory credentials, and poor customer support during testing pull its rating down.
Pros & Cons
Pros
- Choose from four account types with relatively low entry requirements and benefits including cashback, deposit bonuses and rapid withdrawals.
- The proprietary web platform offers a range of value-add features, including tournaments and copy trading for those seeking more hands-off opportunities.
- The vast range of 100+ payment methods with fee-free payments makes Binomo a stand-out choice for cost-conscious global traders looking for smooth deposits and withdrawals.
Cons
- Binomo is unregulated and offers limited fund safeguards to protect traders, making it a risky broker to trade with.
- The 5-second to 1-hour timeframes limits its appeal to ultra-short-term traders only, especially compared to firms like Binarium, which offers contracts up to 3 months.
- Bimomo’s payouts up to 84% trail top competitors, notably World Forex, which offers returns up to 100% on winning trades.
Company Details
Founded in 2014, Binomo is owned and operated by Dolphin Corp, who are registered in St. Vincent and the Grenadines.
The broker is not regulated by any of the trusted organizations listed in BinaryOptions.Net’s regulator directory. This means traders should expect little to no legal safeguards if the broker falls into financial difficulty.
The local regulator, the Saint Vincent and the Grenadines Financial Services Authority (SVGFSA), has also made clear that it does not regulate retail binary brokers.
That said, we did verify that Binomo is a member of The Financial Commission, an independent dispute resolution and compensation service. Still, this isn’t a government regulator – it’s a private organization, so don’t expect robust protections. It falls under the ‘not regulators’ category in our regulator tracker.
Accounts
Alongside a free binary demo account, Binomo offers four account types, which include more benefits as you move up the tiers.
- Standard: $130 minimum deposit, deposit bonuses up to 100%.
- Gold: $500 minimum deposit, deposit bonuses up to 150%, 24-hour withdrawals.
- VIP: $1000 minimum deposit, deposit bonuses up to 200%, 4-hour withdrawals, personal manager, VIP mobile app.
- Prestige: $3000 minimum deposit, deposit bonuses up to 300%, 4-hour withdrawals, 5% cashback for unsuccessful trades every month, personal manager, VIP mobile app, and deposit insurance.
Markets
Binomo boasts more than 90 different binary assets covering forex (including over-the-counter (OTC)), stocks, indices, commodities and cryptocurrencies.
Tradeable assets
In comparison to competitors like Capitalcore (offering only 28 assets), Binomo’s broader selection allows both beginners and more serious traders to better diversify their setups.
Still, it trails category leaders like Pocket Option, which provides more than 180 binary assets, including a longer list of stocks.
Payouts
We recorded payouts on Binomo across two sessions (“peak” vs “off-peak”) and four assets (EUR/USD, BTC, SPX, XAU/USD), then compared them with the platform’s stated figures.
Headline: peak results landed ~0–3% below advertised, while off-peak trailed by ~7–12%; FX was tightest during the EU/US overlap and crypto stayed steady.
| Asset | Expiry | Advertised Payout | Observed Payout (Peak) | Observed Payout (Off-peak) | Deviation vs Advertised (Peak) | Deviation vs Advertised (Off-peak) | Notes |
|---|---|---|---|---|---|---|---|
| EUR/USD | 5 minutes | 90% | 87–89% | 78–82% | −1 to −3% | −8 to −12% | Very close to advertised claims; tight variance during European/US overlap. Moderate off-peak drop-off typical for binaries. |
| BTC | 30 minutes | 88% | 84–86% | 78–81% | −2 to −4% | −7 to −10% | Steady crypto payouts; narrow deviation from advertised rates. Consistent pattern, similar to other retail brokers. |
| SPX | 10 minutes | 82% | 80–82% | 72–76% | 0 to −2% | −7 to −10% | Spot-on correlation with advertised figures at peak times. Normal OTC reduction once US markets close. |
| XAU/USD | 10 minutes | 85% | 82–84% | 75–78% | −1 to −3% | −7 to −10% | Stable alignment with stated rates. Predictable off-hour contraction within the industry average. |
Expiry Times
Binomo offers deal durations between 1 minute to 1 hour for their Fixed Time Trading options, plus 5-second timeframes through their 5ST (5 Second Trade) system.
These are somewhat limited compared to IQCent, which offers Turbo options allowing for short increments such as 10 seconds, 15 seconds and 30 seconds, as well as long-term options, with expiries between 24 hours and 30 days.
Binomo may suit some short-term traders, but those taking a longer horizon may need to look elsewhere.
Platform
Binomo only offers one platform option, a proprietary web solution with integrated research tools and tournaments. This is fairly common among binary firms, although some have MT4 integration.
During our latest round of tests, we found the platform easy to navigate, yet still well-equipped with a strong range of charting tools to aid binary trading strategies.
There are 15 technical indicators to choose from, plus a range of pre-configured setups including Pathfinder (BB, RSI, SMA) and Quantum Rise (RSI+MACD).
Technical indicators and strategies
Placing a trade is easy using the order function, though it would be nice to see a summary of the order directly under or next to the chart, rather than a separate tab.
The integrated economic calendar is useful too, but the education section is very limited, offering only a small selection of quick videos. As a result, beginners may need to look elsewhere for more comprehensive training resources.
Payment Methods
Binomo supports over 100 payment methods for international traders – more than any other binary provider we’ve evaluated.
That said, these vary depending on your location. Standard options include bank transfers, credit/debit cards, e-wallets and crypto payments.
The minimum deposit is only $10, making this broker a suitable choice for beginners or those with low starting capital.
Binomo doesn’t generally charge and fees for deposits or withdrawals, but there is a limit on the number of fee-free withdrawals for certain countries. For example, if you make a withdrawal more than once in a 24-hour period, you will be charged 10% – a very steep fee, so I’d spread withdrawals out.
Customer Support
Binomo offers customer support mainly through a live in-platform chat.
We’ve used it and found it very frustrating on occasion – we had to navigate an AI bot for several minutes before reaching a human agent who could actually answer our queries.
We were also disappointed to find that a live agent is only available for users with Standard accounts and above, which is a drawback for prospective clients using a demo account requiring technical support.
| Channel | Question Category | First Response Time (min) | Time to Resolution (min) | Resolved? | Accuracy/Helpfulness (0–10) |
|---|---|---|---|---|---|
| Chat and email | Contract terms, platform and bonus | 2 mins chat; 25 mins email | 5 mins chat; 60 mins email | Y | 5 |
AI chatbot
An alternative is using the help centre or via their support email: support@bimono.com.
Should You Trade Binary Options With Binomo?
Binomo is a reasonable choice for short-term traders looking for a variety of binary assets, a wide range of payment methods, and trading tournaments. The platform is easy to navigate and offers a range of tools for both beginners and more experienced traders.
However, the 85% maximum payouts are not competitive against top brands, and the 1-hour maximum deal durations won’t appeal to swing traders.
Finally, while the lack of regulation is not uncommon in the binary options industry, it should be a concern for traders seeking robust protections for their funds and against unfair trading conditions.
Article Sources
- Operations with OTC financial instruments are associated with significant risks.
- Before trading on the platform, the Client needs to analyze their financial capabilities.
Go To Binomo
Binomo Details
| Instruments | Fixed Time Trades |
|---|---|
| Nr. of Binaries | 133 |
| Demo Account | Yes |
| Minimum Deposit | $10 |
| Minimum Trade | $1 |
| Payout | 90% |
| Expiry Times | 1 minute - 60 minutes |
| Ladder Binary Options | No |
| Boundary Binary Options | Yes |
| Payment Methods | Cashu, Credit Card, Doku Wallet, JCB Card, JetonCash, Mastercard, Perfect Money, Skrill |
| Mobile Apps | iOS and Android |
| Inactivity Fee | $30 |
| Auto Trading | BinomoBot tracks 12 moving and 5 technical indicators and can be set up in than 3 minutes. |
| Copy Trading | No |
| Social Trading | No |
| Margin Trading | No |
| MetaTrader 4 | No |
| MetaTrader 5 | No |
| TradingView | No |
| AI / Machine Learning | No |
| Negative Balance Protection | No |
| Market Maker | No |
| Trade Signals | Yes |
| Tournaments | No |
| Demo Competitions | No |
| Islamic Account | No |
| Account Currencies | USD, EUR |
| Stock Exchanges | Dow Jones, Nasdaq, New York Stock Exchange |
| Commodities | Gold, Oil, Silver |
| CFD Trading | No |
| Forex Trading | Yes |
| Forex Assets | 19 |
| Crypto Trading | Yes |
| Crypto Coins | ADA, BCH, BTC, LTC |
Compare Binomo
| Binomo | IQCent | Capitalcore | |
|---|---|---|---|
| Rating | |||
| Bonus | 20% to 200% Deposit Bonus | 40% Deposit Bonus | |
| Instruments | Fixed Time Trades | Binary Options, CFDs, Forex, Indices, Commodities, Crypto | Forex, Metals, Stocks, Cryptos, Futures Indices, Binary Options |
| Nr. of Binaries | 133 | 148 | 28 |
| Demo Account | Yes | Yes | Yes |
| Minimum Deposit | $10 | $250 | $10 |
| Minimum Trade | $1 | $0.01 | 0.01 Lots (CFD/Forex), $1 (Binaries) |
| Payout | 90% | 98% | 95% |
| Expiry Times | 1 minute - 60 minutes | 5 seconds - 1 month | 1 minute - 1 hour |
| Visit | |||
| Review | Binomo Review | IQCent Review | Capitalcore Review |
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