I want to know if binomo is a scam

Is Binomo a scam broker?

Hi there,

thank you for your Unfortunately, Binomo is not a trusted broker and I wouldn’t recommend using it. We wrote a review on why it’s not a trusted provider: https://brokerchooser.com/broker-reviews/not-recommended/binomo

The reason why it’s not trusted is that it’s not regulated by a top-tier regulator, such as the UK FCA or US SEC. You can check it on Binomo’s website’s footer:

In addition, you can find regulated and reliable brokers here: https://brokerchooser.com/broker-reviews

If you have any further questions, please let me know.