According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $10
- Web platform
- Binolla's mobile apps
- Scalping is allowed
Our Evaluation of Binolla
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Binolla is a moderate-risk broker with the TU Overall Score of 5.38 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Binolla clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.
Brief Look at Binolla
Binolla is a modern digital platform that provides traders with access to binary options trading on currencies. Successful trades offer payout rates ranging from 60% to 92%. The platform offers built-in tools for strategy analysis and market trend identification. Binolla does not offer investment programs, but traders can actively engage in trading or execute trades based on indicators and signals.
Key advantages of Binolla include its user-friendly interface, a demo account for practice, and a blog offering valuable information for both novice and experienced traders. Traders should be aware that this broker is not available to residents of the U.S., EEA, Canada, the U.K., and Hong Kong.
- Simple and convenient interface;
- Access to a demo account;
- Quick registration and verification;
- Minimum trade size is $1;
- Educational content for traders of all levels.
- Only higher/lower options trading is offered;
- Not available to residents of certain countries, including the U.S.;
- Copy trading is not available.
TU Expert Advice
Financial expert and analyst at Traders Union
Binolla is a platform designed for traders interested in digital options. Its primary advantage is its ease of use. Even beginners can quickly adapt, thanks to accessible educational materials and a demo account. Additionally, Binolla offers a wide range of currency pairs, providing numerous earning opportunities.
However, there are some drawbacks. Access to the platform is restricted for traders from certain countries, such as the United States. Moreover, trading focuses exclusively on classic binary options, which might be a disadvantage for those seeking a broader selection of financial instruments. The lack of diverse investment programs also limits its appeal to long-term investors.
Overall, Binolla is well-suited for active traders who want to quickly learn digital options trading. It fulfills this purpose effectively by offering basic functionality and a straightforward interface. However, for those seeking a variety of financial products and long-term investment opportunities, other platforms may be more suitable.
Binolla Summary
Your capital is at risk. CFDs are considered complex derivatives and may not be suitable for retail clients. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The products mentioned here may be affected by changes in currency exchange rates. If you invest in these products, you may lose some or all of your investment, and the value of your investment may fluctuate. You should never invest money that you cannot afford to lose and never trade with borrowed money.
| 💻 Trading platform: | Web platform, Binolla's mobile apps |
|---|---|
| 📊 Account types: | Demo, Real |
| 💰 Account currency: | USD and 24 currencies |
| 💵 Deposit / Withdrawal: | Binance Pay, AdvCash, cryptocurrencies |
| 🚀 Minimum deposit: | $10 |
| 📈️ Min Order: | $1 |
| 🔧 Instruments: | Currency pairs |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| ⭐ Trading features: | Scalping is allowed |
| 🎁 Contests and bonuses: | Yes |
The Binolla platform allows traders to start trading with minimal investments: from $10 via Binance Pay and from $20 using cryptocurrencies or Binance Pay. Payment operations are supported in USDT, BTC, ETH, TRX, LTC, BNB, and DAI. First-time depositors can enjoy bonuses of up to 50% on their initial deposit.
Binolla Key Parameters Evaluation
Video Review of Binolla
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FR Good work, I like it
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Trading Account Opening
To create a user account on the Binolla website, follow these steps:
Click the Sign Up button at the top of any page on the broker’s website. For convenience, select your preferred language for the website.
Enter your email address and create a strong password. Alternatively, use Google integration.
Once logged in, easily switch between live and demo accounts.
Additional features of Binolla’s user account allow traders to:
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Enable Two-Factor Authentication (2FA) for added security.
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View trading statistics to track performance.
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Set price alerts and use trading signals for convenience.
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Change the account currency as needed.
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Manage payments, including deposits and withdrawals.
Regulation and safety
Binolla is managed by ZEN E-WAY LLC, registered in St. Vincent and the Grenadines, a jurisdiction with no regulation for Forex and binary options markets. Traders should be aware of the risks associated with trading through an unregulated broker.
Advantages
- Ability to deposit and withdraw cryptocurrencies
Disadvantages
- Traders' funds are not protected in any way
Commissions and fees
| Account type | Spread (minimum value) | Withdrawal commission |
|---|---|---|
| Real | $0 | Payment service fee |
The table below compares Binolla's average fees with those of other binary options brokers.
| Broker | Average commission | Level |
|---|---|---|
|
$0 | |
|
$10 | |
|
$7 |
Account types
To start trading, traders need to register on the Binolla website and select a type of account: Demo or Real. Each client can have one Real account. If an account is blocked for violating rules, the trader cannot open new accounts under the same profile. To regain access, a new registration and identity verification are required.
Traders can request additional demo account funds after exhausting the initial balance.
Deposit and withdrawal
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Funds can be withdrawn using the same method as the deposit.
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The minimum withdrawal amount varies by payment method, with most methods requiring at least $10.
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Binolla does not charge withdrawal fees.
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Withdrawal requests are processed within 1 hour. If additional client verification is needed, approval may take up to 48 hours.
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Funds are credited within 1 hour to 5 business days, depending on the payment system.
Investment Options
The platform supports two trading types: active trading and trading based on ready-made signals. These signals are derived from trading indicators integrated into the platform.
Signal-based trading with Binolla
Signals simplify trading for Binolla traders and allow for strategy automation to generate passive income. Any trader registered with the broker can use them.
Key features and parameters of Binolla’s signals include:
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Expiration time is from 2 to 15 minutes;
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Minimum trade size is $10;
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Free use;
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Available on both demo and live accounts.
The company does not guarantee 100% profit and recommends using signals as a supplementary tool rather than a primary method of analysis.
Binolla’s Partnership Program
Binolla offers a partnership program that allows clients to earn by attracting new traders to the platform. Partners receive Telegram notifications, detailed statistics, and the ability to manage and view conversions on any device. The program is open to webmasters, influencers (both novice and experienced bloggers), and traders offering educational services.
Commission structure:
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Up to 80% RevShare;
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Up to 5% of turnover;
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Up to 10% from sub-affiliates.
Rewards are calculated and paid weekly.
Customer support
Registered clients can access quick support for technical, financial, and trading-related inquiries.
Advantages
- Multi-language support
Disadvantages
- Limited choice of communication methods
You can contact the support team in the following ways:
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Live chat on the trading platform.
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Feedback form.
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Email.
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Social media: Facebook, Instagram, and Telegram.
Phone calls and callbacks are not supported.
Contacts
| Foundation date | 2022 |
|---|---|
| Registration address | Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines |
| Official site | https://binolla.com/ |
| Contacts |
Education
Binolla offers a variety of educational and analytical materials aimed at enhancing traders' skills and success on the platform. These resources are available in the blog section on the company’s website.
Traders can also use demo accounts for training purposes.
Comparison of Binolla with other Brokers
| Binolla | Pocket Option | Binarium | Binary.com | Capitalcore | Centobot | |
| Trading platform |
Binolla's mobile apps, Web platform | MT5, Web, Mobile | Binarium | Deriv Trader, MT5 | Binary platform for web and mobile | RaceOption, Binarycent, Videforex |
| Min deposit | $10 | $5 | $5 | $5 | $10 | $500 |
| Trading instruments |
Currency pairs | currency | indexes, Currencies, Cryptocurrencies | indexes, Forex, goods, stock, random index | stock, Forex, Binary options, Stocks | Binary options (fiat currencies and cryptocurrencies) |
| Signals | No | No | No | No | No | No |
| Analytical support |
No | No | No | Yes | No | No |
| Training | No | No | No | Yes | No | No |
| Additional tools |
No | Copy Trading tool | No | premature closing | No | No |
Detailed Review of Binolla
Binolla is a platform designed for trading classic binary options in the higher/lower format. Traders predict the price direction of an asset at the contract’s expiration. If the prediction is correct, the trader earns a predetermined profit; otherwise, they lose their entire investment.
Binolla - a simple platform for trading currencies in options format
Binolla supports two types of above/below options: Fixed Time and 5s Scalping. With Fixed Time, traders set the expiration time themselves. 5s Scalping allows for fast trading with a 5-second trade duration. Profitability varies: Fixed Time options offer 60-92% profit, while 5s Scalping options always offer 90%. Both options are available for trading on real and demo accounts.
The platform integrates 11 trend indicators (e.g., Moving Average, Alligator, Bollinger Bands) and 17 oscillators (e.g., MACD, RSI, ATR) for technical analysis, with 14 timeframes supported.
Binolla’s analytical services:
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Alerts are notifications or signals that help users track important events and changes in real-time. Binolla clients can use them to stay informed about asset price movements.
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Rewards are given for completing various actions on the platform, such as making deposits and reaching certain trading volumes. This service is available to verified traders.
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Support requests can be sent to Binolla specialists directly through the trading platform. This allows users to receive prompt assistance.
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Promo codes can increase the size of the first deposit with bonus funds. Bonuses are non-withdrawable; however, profits earned from trading with bonus funds can be withdrawn
Advantages:
Simple platform functionality.
Transparent trading conditions.
Access to trading signals.
First-deposit bonuses.
The selection of trading instruments is limited to currency pairs, but the conditions are straightforward, even for beginners.
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