About Binomy Company
Binomy is a well-established brokerage firm specializing in binary options trading. The company is under the ownership of Namelina Limited and is officially registered in Saint Vincent and the Grenadines. While the exact founding date of the broker is not disclosed on the website, it has a solid reputation in the industry.
Range of Trading Assets
Binomy offers a diverse selection of over a hundred trading assets, including binary options, currency pairs, cryptocurrencies, and commodities, providing ample opportunities for traders to diversify their portfolios.
Account Types Available
- STARTER — a demo account for beginners to practice trading without the need to deposit real funds, offering essential training resources and certain restrictions to aid in skill development.
- BRONZE — an entry-level account requiring a deposit between $200 and $1,499, providing limited trading signals, educational materials, and access to a personal account manager.
- SILVER — a mid-tier account with a deposit range of $1,500 to $1,999, offering full trading signals, comprehensive educational resources, and dedicated personal account management.
- GOLD — a top-tier account with a deposit range of $2,000 to $5,000, providing premium trading signals, professional trader-led training sessions, and personalized account management services.
Binomy ensures round-the-clock technical support for all account tiers, although specific contact methods with the broker are not explicitly stated on the website.
Trading Platform at Binomy
While Binomy boasts a robust selection of trading platforms, detailed descriptions are not available on the website. The broker purportedly offers a variety of trading terminals; however, information regarding the availability of a mobile version remains undisclosed.
Deposits and Withdrawals
Binomy conducts transactions in USD. Deposits can be made using bank cards and various electronic payment systems without incurring additional fees. Withdrawals follow a similar process, though the broker does not disclose the commission charges. Profit withdrawals require verification, and bonus-related trading volume conditions must be met.
Registration and Accessing Your Account
Registration on the Binomy platform is uncomplicated and involves completing a standard form. Post-registration, users must log in to their personal accounts, select their preferred account type, and proceed with depositing funds to commence trading.
Final Thoughts
While Binomy operates under an offshore company with regulatory licenses of debatable credibility, it is advisable to thoroughly review the terms of service and seek insights from seasoned traders before engaging in investment activities. Opting for reputable brokerage firms is crucial for fostering successful trading outcomes and maximizing profit potential.
This review has been prepared by the specialists at ExpertsReview.