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Is Binomo fake?

Annelise Sylta



Binomo is an online trading platform that provides its users with the highest quality of services and support that includes financial advice by experts, tutorials by professionals, and analytical services. There are four types of accounts, users can register themselves with, Demo, Standard, Gold, and VIP. It claims to offer assistance in trading to budding traders and support to professional ones. Also, it claims to be transparent with the services they provide and with clients they collaborate with.

Is Binomo fake?

If you are entering into the world of trading or even if you are a pro at it, and thinking of using Binomo as your preferred trading platform, you might be thinking if Binomo is a fake or a legit website. In our opinion, Binomo is not fake, rather, it is a legit trading platform.

  • Binomo has been a member of Category ‘A’ International Financial Commission member since 2018. It is a registered platform under Dolphin Corp LLC. As mentioned on their website, Dolphin Corp LLC follows all the rules and regulations to combat money laundering and other money-related crimes including Anti-Money Laundering and Terrorist Financing regulations and the Anti-Terrorist financing and Proliferation Act (2017).
  • Another reason that justifies the argument is that Binomo has 3 million and above downloads on the Apple store and Playstore, along with a rating of 4 and 4.2 stars respectively.
  • Apart from having exemplary ratings, Binomo has won a number of awards and accolades for its outstanding and transparent services. Some of the awards won are the FE Award for ‘Best Platform for Beginners 2015’ and the ‘IAIR Award for Platform of the year 2016’.

Is Binomo a gambler?

Many tend to confuse trading online as gambling as trading too might lead the users to lose money if done without research and understanding of the market trends. But the truth is, Binomo is not a gambler, rather, it is a new-age trading platform that guarantees its users, high-quality and transparent services.

Does Binomo charge money?

No, Binomo does not charge money from its users for trading, account opening or even deposit commission. Although, it works on the subscription charging method. Users will be required to pay $10/€ 10 if they have been inactive on the platform for 30 consecutive days.

Can we withdraw money from Binomo?

To withdraw money from Binomo, follow the below-mentioned steps :

  1. Go to your account in the web version of Binomo and select the ‘Cashier’ tab in the menu.
  2. Next, go to the withdraw funds tab.
  3. After selecting the ‘withdraw’ funds tab, enter the desired amount and choose ‘Bank Transfer’ as your preferred withdrawal method, followed by filling up the rest of the fields.
  4. Your withdrawal request will then be fulfilled and your funds will be withdrawn within 1-3 business days.

From the above article, we can conclude that Binomo is definitely not fake. If you looking for a platform to start trading with, you can rely on this platform for trading.

Anne Lise is an MBA graduate with a passion for doing business research and fashion reviews. She has been with Busybodytribune for over 4 years now, and is the lead editor for the magazine.

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