Broker Dossier
Binomo
Belirtilmemiş · Offshore (undisclosed)
Is Binomo reliable? Binomo holds licenses from foreign regulators but is not authorized by the SPK in Türkiye, so local investor protection does not apply for Turkish clients.
Verdict
Not SPK AuthorizedBinomo is not SPK-authorized and has no verifiable license — proceed with caution.
Risk warning. Leveraged forex trading carries high risk and, in Türkiye, is subject to SPK regulation (1:10 leverage cap, ~50,000 TRY margin). This content is not investment advice; user statements belong to their authors.
Pros
- Established (12+ years)
Cons
- Not SPK-authorized in Türkiye
- No valid forex license found
Frequently Asked Questions
No. Binomo holds foreign licenses (various) but is not authorized by the SPK in Türkiye.
It is regulated globally; however there is no SPK protection in Türkiye, and leveraged trading carries high risk.
User reports include observations about withdrawal times; details are in the complaints section.