Overview
Binomo has offered short-term fixed-time trading since 2014. It focuses on beginners in Asia, Africa and Latin America, with a gamified interface and regular tournaments.
Regulation
The broker is operated by Dolphin Corp LLC, registered in St Vincent and the Grenadines, which does not supervise trading firms. Binomo has been a Category A member of The Financial Commission since 2018; that is a private dispute-resolution body, not a regulator. India's RBI includes Binomo on its Alert List of unauthorised platforms.
Regulator warnings on record
- Reserve Bank of India: Alert List (19 Nov 2025)
Availability
Not offered to residents of the US, Canada, the UK or the EEA. Other exclusions are listed in the broker's terms.
Minimum deposit
USD 10, though some payment methods require more.
Minimum trade
USD 1 per trade.
Assets
Currency pairs, crypto, commodities, stocks and indices; the free and Standard levels see a narrower list.
Trading platform
A browser platform built for speed: one chart, an amount, an expiry and an up/down button. Tournaments and achievements sit alongside the chart.
Mobile app
Apps for Android and iOS with the same layout as the web version.
Deposits
Cards, e-wallets, crypto and many local methods depending on the country.
Withdrawals
Minimum withdrawal USD 10. Processing speed depends on account level; VIP gets the fastest queue.
Fees
No deposit or withdrawal fee advertised. The broker earns from payouts below 100%. Bonuses come with turnover conditions.
Customer support
Live chat, email and a help centre in several languages.
Security
Two-factor authentication is available. Disputes go to The Financial Commission, whose fund covers awarded claims up to EUR 20,000.
Registration
Sign-up by email or social login, then identity verification before withdrawals.
Pros & cons
Pros
- +USD 10 deposit and USD 1 trades
- +Easy interface with daily tournaments
- +Large choice of local payment methods
- +Category A member of The Financial Commission
Cons
- −No government regulator; offshore entity in St Vincent and the Grenadines
- −On India's RBI Alert List
- −Expiries only up to one hour
- −Better payouts and faster withdrawals locked to Gold/VIP levels
Verdict
Binomo is easy to start with and cheap to test, but its protection rests on a private body and it is flagged by India's central bank. A reasonable pick only where it accepts clients and the higher-ranked brokers don't.
Score breakdown
- Platform & apps4.2
- Costs & minimums4.3
- Payments4.4
- Support4.0
- Regulation & transparency2.3
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FAQ
Is Binomo regulated?
No government regulator supervises it. It is a member of The Financial Commission, a private dispute body.
What is Binomo's minimum deposit?
USD 10.
What is Binomo's maximum payout?
Up to 90%, varying by asset and account level.
Can I trade binary options from the British Virgin Islands?
The brokers in this ranking accept residents of the British Virgin Islands under their own terms. None is licensed locally, so you trade outside the British Virgin Islands's investor protection.
Sources: BinaryOptions.net – Binomo (payout 90%, expiry 1–60 min, tiers)TradingFinder – Binomo (Dolphin Corp LLC, FinaCom)RBI Alert List (Nov 2025)