Binomo is an online Binary Options broker that offers Cryptocurrency, Forex, and CFD trading. It originated in 2014 and is headquartered in the United States.
Is Binomo Legitimate?
Though Binomo claims to be a licensed broker, it is not traceable in the Companies House Register. It is not even registered with the Financial Conduct Authority either which means it cannot offer any financial or investment services legally. Hence, it is not a suitable option for trading purposes.
How Safe Is It To Trade With Binomo?
It is extremely necessary to be cautious in engaging in any trade activity with Binomo because the company has hidden its team’s information and office location. Moreover, the authenticity of its regulation could not be ascertained. Hence, it is recommended to go for an alternative for your investment.
How To Recover Your Scammed Money From Binomo?
If you want to keep yourself and others protected against scams by Binomo, you can avail of our consultation on protection against frauds. You can also avail of the services offered by the fund's recovery companies listed with us to recover your money.