All about the Binomo trading platform and app in South Africa

28th June 2021

All about the Binomo trading platform and app in South Africa

Binomo is an international platform for online trading of different asset types. Knowing how to use Binomo and having discovered all the tips on how it works, you may have an additional income by trading. Continue reading our review and you’ll be able to login, trade and withdraw your income safely.

What is

If you have a question like how to play you need to know that it is not a game. Each trader should study how to trade and understand how the platform works. You may go in for trading and to login through the website or to download the app.

Binomo scam or legit in South Africa?

Binomo has been a legit member of the International Finance Commission (IFC) since 2018. The platform guarantees a safe trading environment, service quality and transparency. In addition, Binomo has passed the Verify My Trade audit and received a quality certificate vs IQ Option. For excellence in global finance and economy won the IAIR Awards. No scam here is possible or, better to say: investment and trading on Binomo is real and not fake. Further we’ll give more facts and reviews what investment and trading is all about on Binomo.

Sign in and Login

To create a Binomo account:

Note! It is not possible to change the currency after registration. If you need to, you'll have to close the Binomo account and login to a new one. That you already know how.

After having logged in, you receive an automated email from Binomo: click on the link to complete your registration.

How to use Binomo?

Each user after the registration is offered a Binomo demo account: 1000$ (virtual) is deposited into this account and can only be used for practice. It is like a tutorial and helps to learn how to invest and trade. 

On traders can participate in tournaments. They are as free (f.e. Daily Free), as well as paid tournaments. 

On the website you can also find Binomo trading strategies. Remember that no strategy can guarantee a 100% trading result. 

You have an option to get answers to any questions on the Binomo works in the Help center (FAQs) or to contact by email or ask a question to specialists via chat. 

Account Types

Different types of accounts on Binomo have different features. Besides the demo account, there are Standard, Gold and VIP status accounts. Gold and VIP ones have more advantages which you can find out on the website or in the app.

Deposit Methods

There are several deposit options on Binomo. You can use one of the following deposit methods: VISA, MasterCard, Advcash, Skrill, etc. The minimum deposit in South Africa is 10$.


Binomo provides different types of bonuses. The first one is the Welcome bonus (is given automatically to all newly registered ones). Also you receive a free coupon, after making a deposit. The amount of the deposit bonus depends on the status of the account. There are also no deposit bonuses:

As part of promotions (receive a free bonus coupon);

The personal manager for VIP clients under certain agreements may provide a bonus code etc.


To know how to withdraw money from Binomo you can use any method you used to make a deposit: bank cards or e-wallets. In comparison with IQ Option, Binomo does not charge a commission for a bank transfer. Depending on the type of account and the chosen payment system it takes from a few minutes to 3 days or more.


When withdrawing your funds you should consider the limits on Binomo:

How to download the Binomo app?

By downloading the Binomo app to your mobile phone or tablet, you can continue trading everywhere.

For iOS 

You can download the Binomo trading app for iOs in the Apple Store and login there immediately.

For Android 

In the Google Play Store the Binomo app is to be downloaded for a tablet or phone with Android operating system. If you are having trouble logging in the Binomo trade from the Play Store, don’t hack it, just download the apk version:

For PC

Unfortunately, it is not possible to download Binomo for PC. It’s possible to use the website login page for signing up or to continue trading and investing.

Binomo affiliate program

The broker’s affiliate program BinPartner allows you to attract traders to the platform and get a profit based on their trading activity. It has such advantages as qualified support specialists, a wide choice of useful promotional materials and an individual approach to each partner.


The Binomo trading platform approves: when you go through education, increase your skills, then you know how to invest and go in for real trading in South Africa legally. Feel safe and don’t think about scam, when logged in to the demo account try to get enough experience. After it you’ll be able to share your opinion on different forums for traders or on Quora, f.e., and to answer questions about what Binomo is, is it a scam or not. Keep in mind that trading is risk-taking, you must accept them and improve trading skills constantly.