What Is Binomo

Binomo is an online trading platform, with a relatively long track record, which offers trading on currencies, cryptocurrencies, stocks, indices, and more. It is owned by Dolphin Corp, a company registered in St. Vincent and the Grenadines, which is part of the Binomo group of companies.

The Binomo started operating in 2014 and is a member of theĀ Financial Commission. What this means exactly is still a bit vague because these are not high-profile financial regulators.

Binomo Withdrawals

The minimum withdrawal is only $10 or even lower in some countries. The terms and conditions clearly state that should you wish to withdraw your funds before trading amounts up to at least twice the size of your deposit you will be charged a 10% fee. How much time the withdrawal takes depends on your account. Expect anywhere between 4 hours up to at least 3 days (this is the time needed to process the request). Just make sure you have verified your account first by sending the required identification documents.