Binomo Complaints & Reviews

I am new and just trying to set foot in the trading world. However, I must say that the severe lack of instructions on how to use Binomo and start trading is highly discouraging to me. How am I supposed to trade on the platform when there is a lack of instructions?

I have been experiencing Binomo login issues lately. This has become a serious hassle since I cannot log in to my account even though I am sure I am adding the right credentials. How am I supposed to solve this? I contacted customer support yesterday and am still waiting for a reply

I have attempted to download Binomo apk file almost ten times, with every attempt failing miserably. The file always comes out to be corrupted and doesn't install properly. This is even more frustrating because the platform advertises downloading its app is incredibly easy. However, the truth is something else. This is my first time trying to trade on Binomo, and the start is unpleasant.

It's not funny at all to ask me for documents for the third time! How much more do I need to confirm that I am me? Maybe already enough? I just want to withdraw my money!

Is Binomo safe? I’ve heard so many stories about people losing their money on this trading app. It’s hard to know who to trust and what to believe. There are so many binomo scams out there, it’s scary. I don’t want to risk my hard-earned money on something that might not be legit. I wish there was more information available about whether Binomo is reliable and safe.

I'm writing to express deep concern over the unexplained account block on Binomo. The support letter has cited a violation of the Client Agreement; however, no specific reason or details were provided. As am an avid user of the platform, I seek clarification as I believe that there was no breach of the Client Agreement from my end. The lack of transparency is very concerning and demands immediate resolution.

Calling for improvement in security due to scammers claiming themselves to be affiliated with Binomo – while I remain unaffected yet, I want Binomo to improve their verification process so that I nor other users encounter this increasing threat on the platform. Be safe, guys!

Binomo, please, for my mental peace just answer me before taking away my profits! No communication and no form of resolution have left me disheartened over the use of this platform. New users, please take care and think before using this!

I have been an active user of Binomo for some time now, and while I appreciate the various facilities the platform has provided, the current set of indicators appears to be more limiting. Improving on this would do a great deal of benefit and attract other users. I find it inconvenient not to be able to access more tools on the platform for additional analysis, and I am sure more people would have the same issue.

Withdrawal decline? Seriously?? But why?? I cannot begin to understand why the money I earned after going through a strenuous verification process was declined! My reliability on this platform is dropping, quick changes need to be made because I am growing tired of this.

My initial excitement with Binomo quickly turned to anger when the platform inexplicably withheld my earned profits. Despite meeting all their requirements, I was left in the dark without any resolution. This blatant breach of trust has not only cost me financially but also shattered my confidence in Binomo's integrity.

Hi good morning team,

Name Santhosh Kumar S
Mobile [protected]
Email ID santhosh.[protected]@gmail.com

I deposited 20000 to binomo I have bet only 80 rupees Trade I have not bet 26429 system automatically taken bet 26429 instead of 80 rupees bet, Regarding the same I have escalated to concern team but no use they are not responsible for anything and 26429 is bet from the device please check and ask them to refund my amount of 26429.

Thanks regards santhosh Kumar S

It has become so frustrating! The long wait for verification to take place on Binomo has not only hampered my trading activities but has also made me question if this is the right platform to host my trading. I really want them to enhance their verification process because I am seriously getting tired of this long wait for verification.

I am very unsatisfied with the services that Binomo is currently providing because I have been blocked on the platform for performing FRAUD?! I have provided every document the platform has asked for, yet they have not offered any form of solution to this problem. I really need to access my funds and I don’t know if I can trust this platform again.

This is Suhas from Khammam. I am facing an issue with the deposite. I have opted for Payment through Paytm and I have paid amount of 500 as an initial deposite and the payment was done from my side and the money is debited from my account. And Showing me as if my payment was rejected.

My transaction id was:[protected].

Hoping that you understand my problem and solve the issue..

Dear Binomo Support Team,

I am writing to express my extreme dissatisfaction regarding the recent handling of my withdrawal request on your platform. As a loyal VIP trader who has been using the Binomo app for several years, I am deeply disappointed in the lack of communication and transparency.

It is disheartening that, during a period of profit and when attempting to make a withdrawal, my account is suddenly flagged for security issues. This situation contrasts sharply with previous experiences when there were no apparent security concerns during periods of losses.

As a VIP trader, I expected a higher level of service and communication. The fact that I was not informed beforehand about any potential security issues is unacceptable. I request an immediate resolution to this matter and a detailed explanation of the security concerns that led to the hold on my withdrawal.

I trust that Binomo values its VIP traders and will address this matter promptly to maintain the trust and satisfaction of its long-term users.

Sincerely,
[VIP TRADER]

While the Binomo support team is responsive, the resolution of issues often takes longer than expected. I recently faced a problem with my account, and despite reporting it promptly, the resolution process seemed prolonged. Improving the efficiency of issue resolution should be a priority for Binomo's customer support.

The limited variety of assets on Binomo is disappointing. As a trader who values diversity, I find the choices somewhat restrictive. It would be beneficial for Binomo to expand their range of available assets to cater to a broader audience with varying trading preferences.

My recent attempts to withdraw funds from Binomo have been met with unexpected delays. The slow processing time is concerning, and it's impacting my confidence in the platform. Timely withdrawals are crucial, and I hope Binomo takes steps to streamline this aspect of their service.

The Binomo app has been causing frustration lately with constant freezes and glitches. It's disheartening to experience these technical issues, especially during critical trading moments. I hope they address these issues promptly to enhance the overall user experience.