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binomo.com
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  • Company Review Binomo
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    Binomo's free tournaments have gone bad. They...

    Binomo’s free tournaments have gone bad. They said that with the new tournaments it would become more interesting, but it has become not only not interesting, but even lame. Before there were normal, good tournaments, really free, for the whole day, with the first prize of 150$ or money to the account, or bonus deals, it was really interesting to participate in such tournaments. And now they have organized some kind of circus-schapito. It feels as if Binomo has become sorry for the prizes for free tournaments. For comparison, the prize for the first place in a free tournament is now as much as $40 (or even less) instead of $150. In a tournament where 2000 traders fight, it’s just a great first prize, you can’t say anything. But the most interesting thing we can observe in another way. In addition to the total reduction of prizes, balance updates in the tournament became paid. That is, we have a tournament for 2000+ participants, with the main prize of 40$ and paid balance update. It’s just unprecedented “generosity” from any side. Accordingly, as much as it used to be interesting to take part in Binomo tournaments, now it has become lame.

    • Treyder Binomo Treyder Binomo 3 December 2017 at 19:35
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      Moving on. There is such a novelty as paid tournaments. It seems like a great idea. Paid participation means bigger prizes for winners and less number of tournament participants. The idea is definitely good, if not for one big but… Logically, if the tournament is a paid tournament, a trader should be able to participate in it for the whole time after paying for it. That is, paid participation and trade until the tournament is over. If you got to the winners during this time – great, if you didn’t get there – well, you didn’t manage to do it. Such an approach would be correct and fair in all respects. Binomo has followed the casino principle in this matter and prioritized not the tournament itself, but to get more money from the participants. In addition to payment for participation in the tournament itself, it is also necessary to pay for each balance update. That is, the principle is as follows – whether you win something in the tournament or not is unimportant, the main thing is to give more money. The fact that you want to collect more money from the tournament is understandable. But why do it this way? Make it more expensive to participate in the tournament. Those tournaments that are 5$ make them 10$, and those that are 10$ make them 20$. That’s all the arithmetic.

    • Binomo Treyder Binomo 6 December 2017 at 15:00
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      Good day! Regarding the prize fund: probably, you mean the guaranteed part of it. Please note that there are deductions in it: they are formed by entry fees and add-ons during the tournament. The more traders, the more they buy in, the bigger the prize pool becomes. This goes both for paid and free tournaments. We are interested in it when as many traders as possible take part in our tournaments, it only benefits the participants – the prizes become more interesting and the struggle for them becomes more tense. As for traders’ opinions – we try to take into account every constructive comment. We are sorry that you do not like the new format of the tournaments, but statistics shows that most of the traders reacted positively to the changes. We hope that in time you will also like them. And if you have any questions, you can always contact our support service, which can be found on our website.

More honest opinions from real people about the company Binomo

  • Anonymous user 2 years ago
    1
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    crook

    Hi all. I was also cheated by this office Binomo for a large sum, $ 17500 in 2021. I had no money until I decided to withdraw the money, then it all started, they began to drain my account, asking for more money for the drawdown then for the insurance, I tried many times with different offices to withdraw... Read more
  • Anonymous user 2 years ago
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    not good

    These guy’s are fraudsters in this company the try to trick you with sweet words and promises in line of investments. They’re just fooling you and these are some bunch of thieves circulating in this rocket. They are scammers and liars.
  • bazuka boom 2 years ago
    1.3
    Rate your review 2
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    I was deceived

    Binomo screwed me out of $2,000. As soon as I started earning good money, they immediately blocked me and wouldn't let me withdraw my own money.
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Company review statistics for Binomo
3.9
437 reviews
89%11%
Service
78%
Personnel
78%
Quality
77%
Cost
78%
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