Is Binomo a legitimate/safe binary options broker?

 NO  Binomo is a scam and fraud app. I hope my answer will save some people’s hard earned money. I’ll share my experience with Binomo. Before installing this app I browsed online but didn't find any negative reviews. I also read this quora as you see that this guy has given positive answer below. After that I installed Binomo app to earn quick money. Still I was not able to blindly trust the app so I decided to try demo account first. I traded with demo account for 30days and set up my trading strategies. After 30 days I was very confident with my trading strategy. I was at 65% winning ratio and I was successful in converting the Rs.65000 demo money to Rs.190000 demo money in 30 days. Then I deposited Rs. 7000 and got bonus and my account was credited for Rs.9000. I was very happy that I have found a new source of income. I started Real trading with my real account and the first day itself my winning percentage was very low and got got loss of Rs.5000. I had rs.4000 remaining. I traded second day with some hope and still same thing happened. I sufferered loss again. My entire Rs.9000 was lost in just 2 days. Please dont get lured by these fraud apps and paid fraud reviews on YouTube and don't ever install this fraud app. Please dont promote this app for some money. You are also doing a fraud for promoting fraud. Did you know Binary options trading is one of the most speculative and risky endeavors in the financial market. Therefore, it’s really important to find a broker that offers the best conditions and is focused on its customers.

While the internet is full of binary options brokers, the majority of them are outright scammers. So, it can be difficult to find a legit broker. While Binomo has several flaws that might be concerning to many, there are some areas where the broker shines, figuratively speaking.