Binomo is one of the most recognizable names in the binary options scene—and not just in Russia. With flashy ads, aggressive mobile marketing, and a super-simplified trading platform, it quickly became the go-to choice for many first-time traders. Russian users, in particular, made up a big part of its early growth. But as regulations tightened and platforms dropped binaries left and right, Binomo stayed—though not without some catches.
If you’re in Russia in 2025 and thinking of using Binomo for binary-style trading, here’s what’s still working, what’s changed, and where to tread carefully.
Is Binomo Legit?
Binomo is an offshore broker, operated by Dolphin Corp, registered in St. Vincent and the Grenadines. It is not regulated by any major financial authority and doesn’t hold licenses from places like:
- FCA (UK)
- CySEC (EU)
- ASIC (Australia)
- CBR (Russia)
So technically, no—Binomo is not regulated, and it’s not considered “legit” in the traditional finance sense. But it’s also not a ghost site. It’s been operating for years, has millions of users, and is still accessible to Russian traders, which is more than you can say for most.
Binary Options Trading on Binomo
Binomo doesn’t call it binary options anymore—they now use terms like “Fixed Time Trades”—but it’s the same game.
How it works:
- Choose asset, direction (up/down), and expiry time
- Wait for the trade to close
- Get paid if you were right, lose the stake if you weren’t
Key trading specs:
- Expiry times: 30 seconds to 60 minutes
- Payouts: Up to 90%, depending on asset and account level
- Assets:
- Currency pairs (EUR/USD, GBP/JPY, etc.)
- Crypto (BTC, LTC, ETH, etc.)
- Stocks and indices
- Commodities
Minimum trade size: $1
Minimum deposit: $10
If you’ve used Quotex, Pocket Option, or ExpertOption, Binomo will feel familiar—simple interface, short-term trades, and not much in the way of technical tools.
Why Russian Traders Use Binomo
Binomo became popular in Russia because it:
- Offered a fully translated Russian-language platform
- Accepted Russian cards and wallets (back when that was easier)
- Was marketed heavily across VK, Telegram, and Russian YouTube channels
- Required just $10 to start trading
- Had a decent-looking mobile app that worked without bugs
As of 2025, most of that still applies—though card support has dropped and crypto has become the standard workaround.
Deposits and Withdrawals
- Minimum deposit: $10
- Minimum withdrawal: $10
- Deposit methods:
- Crypto (BTC, ETH, USDT, etc.)
- Payeer, Advcash, Perfect Money
- Bank cards: Usually blocked for Russian users now
- Withdrawals: 1 to 3 business days (crypto usually faster)
- Fees: No fees from Binomo, but network fees apply on blockchain
Binomo’s withdrawal history is mixed. Some traders report fast payouts, while others hit delays—especially when using bonuses or larger accounts. Withdraw regularly and avoid leaving big balances sitting.
Bonuses and Promotions
Binomo is very bonus-heavy. New users are often offered up to 100% deposit bonuses, but there’s a huge catch:
- You must trade 30–50x the bonus amount before withdrawing.
- Sometimes the bonus is auto-applied, especially on first deposit.
You can reject bonuses, but the process isn’t always clear. If you’re not careful, you’ll be stuck with a bonus you didn’t ask for—and unable to withdraw profits until the trade volume is met.
Other promotions include:
- Tournaments
- Cashback on losses
- Loyalty levels (Standard, Gold, VIP)
The more you trade, the more perks you unlock. But don’t confuse “VIP” with safety—it’s just bigger payouts and faster withdrawals if you’re already a high-volume user.
Copy Trading and Social Features
Binomo doesn’t offer copy trading. No social feed, no trader leaderboard, and no auto-trade functionality.
There is a “trading ideas” section and some built-in strategies, but this is really just a click-trade platform. If you want to follow or mirror others, you’ll need to use external signal providers or Telegram groups (at your own risk).
Platform and Mobile Experience
Binomo has one of the more polished platforms in the binary space:
- Web-based platform (nothing to download)
- Mobile apps for Android and iOS
- Simple interface with clear trade setup
- Chart options: Candlesticks, line, and area view
- Basic indicators: MACD, RSI, MA, Bollinger Bands
The platform is fast, even on slow connections, and mobile users can place trades in just a few taps. For Russian traders, it runs well without a VPN, and the Russian language interface is fully integrated.
Support and Russian Language Access
- Full Russian-language website
- Mobile app available in Russian
- Live chat and email support in Russian
- Help center articles translated
Support quality is mixed. Chat is fast, but canned replies are common. If your issue is basic (funding, bonus questions), you’ll get help. But if it’s about trade disputes or account flags, expect delays.
Security and Regulation
This is where Binomo falls into the same category as the rest of the offshore pack:
- No regulation
- No account insurance
- No legal oversight
- No guarantees your funds are handled safely
You’re trading on a platform that could disappear tomorrow—and there’s no regulator to stop it or help you if it does. So don’t get comfortable.
Should Russian Traders Use Binomo for Binary Options?
If you’re in Russia and looking for a low-cost, quick-start binary trading app, Binomo still works. It’s easy to use, looks professional, and is available in your language. It’s especially popular among beginners and Telegram signal followers.
But it’s also:
- Unregulated
- Bonus-heavy (with fine print)
- Risky for storing large balances
- Known for occasional withdrawal delays when bonuses are active
So if you do use it, keep it small, skip the bonuses, and treat it like a tool—not a trusted investment partner.
Final Verdict:
- Binary Options Available (Fixed Time Trades): ✅
- Russian Traders Accepted: ✅
- Russian Language Support: ✅
- Crypto Deposits: ✅
- Low Minimums ($10 deposit, $1 trades): ✅
- Mobile App: ✅
- Regulation: ❌
- Bonuses: ⚠️ (Optional but sticky)
Binomo is still one of the more accessible binary platforms for Russian traders—but it’s offshore, it’s bonus-loaded, and it’s built for fast trading, not long-term safety. Use it if you must, but stay smart: trade light, withdraw often, and don’t get burned chasing promotions you can’t cash out.