Binomo Broker In UAE- Reliable Or Not?

Posted by Zandra Faye on August 25th, 2019

Binomo is an online trading platform for options traders and one of the leading binary options brokers in UAE. It is an excellent trading platform which has received awards for its unique services. The company started in 2014 and is based in Seychelles. The broker offers you a simple and convenient trading platform where you can start your trade with investment. Check Binary Options with Binomo to learn more.

Binomo Review UAE

Binomo is an international and reliable broker for Binary Options. And is regulated by the IFC (International Financial Commission) and certified by the CROFR. The regulation is very important for international traders. If there is a fraud, the broker will lose the license immediately.

Binomo offers everything a successful trader needs. Start trading with just 10$ in your account or try the demo account for practice the platform. Beginners should feel comfortable with the support and the education center. The service is diversified and professional. Remember, you can credit your account and switch to the live account form a demo account.

 Binomo Account types

Standard Account

The account with the lowest minimum deposit of . The account has profitable trades of 85% return. Traders are also promised to be able to make trades investing a . The top-ups have no limits, Standard Account holders can also participate in tournaments and have a 3 day wait for withdrawals.

Gold Account

Requires a much higher minimum deposit than the Standard Account, 0. However, there are claims of added features. These include the promise of an extended list of assets, a yield of 86% on trades and 24 hour withdrawal wait time. Other features include analytical support, a personal manager, 5% weekly cashback and investment insurance bonus instruments.

VIP Account

A deposit at least 00. Binomo promises to double this with a 100% bonus. There are also claims of an 87% maximum fixed trade profit. Other features are a 4 hour wait time for withdrawals, supposedly an increased asset list plus what Binomo defines as analytical support via Skype. There is also a 10% weekly cashback and a vague promise of additional exclusive features.

Risk Warning: Always remember that with trading, you should know the risks beforehand – these are unpredictable markets where it is completely possible to lose a large amount of money if you are not aware of what you are doing. Make sure to do your research, learn the platform inside out and never risk more money than you cannot afford to lose