Broker entity check

Binomo: which company actually holds your account?

Binomo is a brand, not a company. The company you get is chosen by your address. Below: the verdict for all 12 countries in our dataset, the entity behind each, and its regulator — checked on October 22, 2026.

Facts checked on October 22, 2026

The honest summary

A binary-options platform in the same structural position as its peers: no government licence in our countries, no compensation scheme, and a product several regulators ban for retail clients.

Advertised minimum deposit: $10 — that is the accepted minimum from the platform's own pages. The viable minimum on your rails is on your country's page; the two numbers are rarely the same story.

Its entities

The verdict in all 12 countries

Your countryVerdictThe entity that would hold your accountIts regulatorHome-regulator status
NigeriaDeposit with eyes open — offshore entityDolphin Corp LLCregistered in St Vincent & the Grenadines — FinaCom membership, an industry body, not a government regulator
IndiaYour regulator warns against this routeDolphin Corp LLCregistered in St Vincent & the Grenadines — FinaCom membership, an industry body, not a government regulatorNamed on the RBI Alert List
PhilippinesDeposit with eyes open — offshore entityDolphin Corp LLCregistered in St Vincent & the Grenadines — FinaCom membership, an industry body, not a government regulator
BrazilNot accepted — don't try workaroundsDoes not accept residents—
South AfricaDeposit with eyes open — offshore entityDolphin Corp LLCregistered in St Vincent & the Grenadines — FinaCom membership, an industry body, not a government regulator
PakistanYour regulator warns against this routeDolphin Corp LLCregistered in St Vincent & the Grenadines — FinaCom membership, an industry body, not a government regulatorHome-regulator position bars or warns against this route
KenyaDeposit with eyes open — offshore entityDolphin Corp LLCregistered in St Vincent & the Grenadines — FinaCom membership, an industry body, not a government regulator
IndonesiaYour regulator warns against this routeDolphin Corp LLCregistered in St Vincent & the Grenadines — FinaCom membership, an industry body, not a government regulatorNamed on Bappebti's blocked list
United StatesNot accepted — don't try workaroundsDoes not accept residents—
United KingdomNot accepted — don't try workaroundsDoes not accept residents—
European Union (EEA)Not accepted — don't try workaroundsDoes not accept residents—
AustraliaNot accepted — don't try workaroundsDoes not accept residents—

Run your exact pair through the checker for the five-line verdict with your regulator's status and your rails.

Checking Binomo? The Kit reads its legal footer with you

The free check gives you the verdict for one country and one broker. The Deposit Safety Kit gives you the complete walkthroughs: how to verify the entity in the broker's own legal footer, where on your regulator's site the register and the warning lists live, how to read a compensation scheme, and the first-withdrawal test protocol — deposit small, withdraw first, then decide.

Included in the $39 Deposit Safety Kit

See the Deposit Safety Kit

Sources: the brokers' own legal and entity pages as published on the check date; the Reserve Bank of India Alert List; the UK Financial Conduct Authority Register and Warning List; the Australian Securities and Investments Commission registers; Bappebti (Indonesia) licensed and blocked lists; CVM (Brazil) declaratory acts; the FSCA (South Africa) FSP register; the Capital Markets Authority (Kenya) licensee list; the Securities and Exchange Commission (Philippines) advisory list; SECP/PMEX (Pakistan) membership; SEC Nigeria and Central Bank of Nigeria publications. Affiliate bounty figures from the programs' own published terms (Exness, XM, Plus500, eToro affiliate pages). If a fact has moved since our check date, the regulator's or broker's own publication wins — and write to help@doogex.com so we can correct ours.