Is Binomo a member of the Financial Commission?
Yes. Binomo has been an active member of the Financial Commission since 20 May 2018 (membership announcement).
Binomo clients can file a complaint with the Financial Commission free of charge. If Binomo does not comply with a Financial Commission judgment, the Compensation Fund covers that judgment up to €20,000 per client. The fund does not cover trading losses or broker insolvency.
Compensation Fund: €20,000 per client
Date of registration: 20.05.2018
Membership status: Active
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Binomo is a convenient and simple platform for trading the most popular assets of following asset classes: currencies (FOREX), cryptocurrencies, stocks, and commodities. The company made trading to be affordable to every category of traders thanks to very low minimum deposit and deal sizes. For those who are just starting their path in trading or those who want to improve their skills, Binomo offers a free demo account with unlimited virtual funds and a flexible education system