An overview of the Binomo broker
4 stars based on
The Client accepts the Agreement by registering and creating an account on the Website. Acceptance of binomo trading conditions reviews Agreement implies full unconditional acceptance of the conditions of the Agreement by the Client. The place of supply of services is the Republic of Seychelles. The place of management of the Company is the Republic of Cyprus.
Financial instruments — exchange indices, shares, binomo trading conditions reviews, and currency pairs which are available for trading. Balance — the account balance, which is available after carrying out the last transaction.
This processing is carried out for the purpose of providing services under the Agreement, as well as for the ease of use of the platform, prompt communication with the Client, protection of the Client's funds and prevention of fraud. This consent is valid for an unlimited period of time and can be withdrawn by sending a respective request to support binomo. The process of collecting Client's personal data by the Company consists of collecting information about the Clent's name, surname, phone number and e-mail address, as well as collecting the data from cookies to gather statistics on the Client's interactions with the Website.
All personal data provided to the Company by the Client is considered confidential and can be disclosed to third parties only with the consent of the Client. The Client registration procedure consists of two stages: The Client registration procedure is mandatory for the Company's Clients.
To binomo trading conditions reviews the Client's registration on the Company's Website, it is necessary to perform the following steps: The procedure of identity and data verification is done by the Company to verify the correctness and completeness of the information specified by the Client during registration.
To perform this procedure, the Company has the right to demand the following to be provided by the Client: The Company is entitled to request from the Client electronic copies of documents to verify identity and other data provided by the Client when opening their account. In these cases, the company requests the Client to provide the information, and the Client is obliged to provide an electronic copy of the document the Company can request a copy in English certified by a notary.
If the requested information is not provided to the Company, then the suspended account may be blocked permanently. The Company is entitled to conduct a video conference with the Client to confirm the Client's identity and authenticity of the documents provided by the Client.
Before undergoing the procedure, the Client must gather their passport and bank cards used to deposit funds. The Client is notified at least 24 hours in advance of the time of the procedure. The Client acknowledges the right of the Company to use their personal information to fulfill the requirements of the legislation on combating money laundering and illegally-obtained income.
Responsibility for the provision of authentic copies of the documents lies with the Client. In the case of forged documents, the Client will be prosecuted according to the laws of the binomo trading conditions reviews issuing the document. By confirming the registration, the Client agrees to receive information from the Company, including advertising messages sent to the email address specified by the Client, and phone calls and SMS to the phone number specified by the Client.
An application for withdrawal of monetary funds should be made out by the Client electronically through the internal interface of the Website. After the Client creates the application, the size of the amount withdrawn is not deducted from the balance of their account until the moment of the direct payment.
Withdrawals applied for by the Client are non-refundable and cannot be appealed. Transfer of funds to the Client shall be made within 3 three business days following the date of filing the application for withdrawal. The Client uses the internal interface of the Website to deposit funds into their account. When using this service, they must agree to use the function "Save wallet" and make a deposit in their account when binomo trading conditions reviews service is activated.
In this case, the Client agrees to pay for all services they request on the site, as well as all additional costs if applicablebinomo trading conditions reviews taxes, fees, etc. Funding an account via debit or credit cards belonging to a third party is prohibited.
In the event of claims by the Client as to the working order of the payment systems, the Client must contact the support team of that payment system. The Client is obliged to inform in the case of such appeals.
In the case of technical errors by the Company when making financial binomo trading conditions reviews, the Company reserves the right to cancel such transactions binomo trading conditions reviews their outcomes, as well as the outcomes of the services provided by the Company.
If it is not technically possible to use the same payment system for the withdrawal of funds binomo trading conditions reviews was used to make the deposit, the Client is entitled to use another available system for the withdrawal.
In this case, the details in the payment system should coincide with the personal information specified by the Client during registration. The Client is solely responsible for the accuracy and reliability of the information specified in their application for funds withdrawal. The Client has the right to register only 1 one account with the Company. The Company reserves the right to block all of the above-mentioned accounts.
In this case, the funds contained in them cannot be considered a financial liability of the Company to the Client. In the event of trading inactivity in the Client's account over a period binomo trading conditions reviews 3 three months, the Company has the right to recognize the Client's account as inactive and transfer it to the archive, preserving the monetary funds in the account in full and notifying the Client about it by sending an email to the contact email address. In the event of trading inactivity in the Client's account over a period of six 6 months, the Company has the right to withdraw the funds from the Client's account in full.
The processing of Client requests and orders has the following structure: Request and order processing time depends on the quality of communication between the trading platform and the Company server, as well as market conditions. In market conditions that differ from normal, the processing time of client requests and orders can be greater. The Company server is entitled to reject a Client order or request in the following cases: The Client acknowledges that the only reliable source of quoting information is the base server for real Clients.
Quotes on the trading platform cannot serve as a reliable source of quoting information, as an unstable connection between the trading platform and the server could result in some of the quotes not reaching the trading binomo trading conditions reviews.
Graphs displayed in the trading platform are of an indicative nature. Thus, the Company does not guarantee that the transaction will be made at the binomo trading conditions reviews indicated on the graph faq esma's product intervention measures in relation to cfds and binary options offered to retail in the trading platform at the time the Client submits a trading command.
Non-market quotes — the price in the trading platform not corresponding to the price on the market at a current point in time. If the Company executes the Client order at a non-market quote, the Company is charged with the following: If the amount of available funds is sufficient to open a transaction, the request is fulfilled. If the amount of available funds is less than sufficient to open a transaction, the request is denied.
Each transaction is assigned a separate serial number. The transaction is closed at the latest price available on the trading server at the time of closing. The Company reserves the right to cancel any transaction the outcome of which was obtained due to a failure occurring. When updating its software, the Company reserves the right to return the status of the Client's account to its original value in case of failures or improper software operation.
The right of the Company to review change the outcome of trading operations when software failures occur is valid for 5 five business days after the date the failure is detected.
As part binomo trading conditions reviews the anti-money laundering AML procedure, the Client certifies that the money deposited by them into their trading account, binomo trading conditions reviews not the result of drug trafficking, kidnapping, or any other criminal or illegal activities.
The Client will not use the Website for the purpose of legalizing proceeds from crime, or any other illegal activity.
The Company has the right to change the amount of interest payments on assets, interest binomo trading conditions reviews, the minimum and maximum binomo trading conditions reviews of a trade, the possibility of adjusting the rate of return, and the possible expiration periods for one, several, or all assets. The Company has the discretion to limit the maximum binomo trading conditions reviews of trades purchased by the Client within 1 one minute, hour or calendar day.
The leverage factor of the bonus is set individually for each promotion. The conditions of no-deposit gift bonuses must be fulfilled within 5 days from the date the bonus is activated. If in 5 days from the date of activation binomo trading conditions reviews the bonus, the mandatory amount of trading turnover has not been achieved, or a deposit has not been made, the bonus is reset to zero. The Client has the right to participate in any promotion or tournament held by the Company that is available to him or her.
The Client must independently familiarize him or herself with the terms of the promotion or tournament on the Binomo trading conditions reviews website. Monetary funds received by the Client from the Company as a prize for participation in a tournament are credited to his or her real account, unless otherwise indicated in the tournament conditions.
The Company can not be held binomo trading conditions reviews for the inactivity or activity of the Client in the course of using its services. The Company has the right to change the terms of this Agreement at any time at its discretion. In the event of changes in the Company Agreement, such changes shall become effective upon posting the amended text of the Agreement on the Website https: The Company informs Clients of amendments to the Agreement by posting a new version of the Agreement on the https: The duties and rights of the Client and the Company designated in this Agreement shall be considered a long-standing act and will be in effect until the moment of receipt by the Company of notification from the Client of the closure of their account or their refusal to comply with the rules of the Agreement.
Furthermore, the Company may refuse to re-register the Client and to service their new account. By accepting the Agreement, the Client confirms: Upon the Client withdrawing funds, the Company may request a confirmation of personal account data. The Company has the right to demand from the Client copies of the documents verifying their place of residence, registration, and identity certified by a notary.
The Client understands and acknowledges that as a result of using the services of the Website, they are able to lose the funds they deposit into their account. Binomo trading conditions reviews Client acknowledges and understands that the financial risks involved in carrying out transactions through the Website Services may be significant. When making transactions through the Website Services, the Client should conduct an analysis of their financial capabilities.
The Client is personally liable in the case of loss of credentials for immediate access to their account login, password ; the Client is obliged to prevent any possibility of access to binomo trading conditions reviews own account by third parties.
In order to communicate with the Client, the Company uses the following means: All possible disputes arising between the parties to this Agreement shall be settled through correspondence and negotiations. Appeals by the Client are considered official if they are directed to the Company at the email address support binomo.
Appeals will not be deemed in writing if they are produced and sent via online communication programs such as Skype or other similar software.
Client requests should include the following information for consideration: If the Client violates any of the above points, the Company has the right to refuse the provision of further services. If the Client and the Company do not reach an agreement during negotiations and correspondence within 3 three months of the date the dispute was opened, it shall be referred to the court and resolved according to the current legislation of the Republic of Seychelles.
The Company is not a tax agent and does not provide data binomo trading conditions reviews the transactions of its Clients to third parties. Such information can only be provided if there is an official binomo trading conditions reviews from a competent national authority.