Regulation
The Financial Commission
The Financial Commission is a neutral and independent dispute resolution organization that specializes in financial markets.
Since May 2018, Binomo has been a category "A" member of The Financial Commission. This speaks to the reliability of the company and guarantees our traders quality of services, transparency of relationships, and the protection of an independent professional organization. By joining The Financial Commission, Binomo reaffirms its commitment to maintaining the highest standards of trading honor and best business practices.
The Compensation Fund is a service included with The Financial Commission membership, which provides protection up to €20,000 per case should a Member refuse to adhere to a judgment from The Financial Commission. For more information, click here.
If you want to appeal to The Financial Commission:
Please contact us first. Tell us about the situation in an email and send it to support@binomo.com with the subject "Let’s figure it out." We will find a solution and reply to you during business hours within 72 hours of receiving the email. We will be able to accept appeals for 1 month following the date the disputed situation arose.
Read the response and follow the proposed action plan to resolve the issue.
In the event that your question is not resolved in full or you are not satisfied with the result, you have the right to send an appeal to The Financial Commission describing the situation in this Form.
The Financial Commission accepts appeals for 45 days following the date of the controversial situation and only after the trader has tried to resolve the issue with the company directly.
The Financial Commission for the trader
You are well protected thanks to the commission’s compensation fund which covers up to €20,000 per claim.
You have access to a neutral and impartial environment for the resolution of any claim..
Your situation will be looked into and resolved quickly and effectively.
A service that certifies the quality of trade execution, Verify My Trade (VMT)
Binomo underwent an audit by Verify My Trade (VMT) successfully and received a certificate of quality of trades.
Verify My Trade is a specialized service that certifies the quality of trade execution. This organization cooperates with The Financial Commission, which makes it possible to transparently and reliably assess the quality of trade execution with brokers. Binomo always takes care to ensure the quality of services provided, and therefore agreed to undergo a monthly audit on 5,000 executed trades by VerifyMyTrade.