Binolla Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-18 11:14

Abstract：Founded in 2021, Binolla is an unregulated trading platform registered in St. Vincent and the Grenadines, offering 200 currency pairs. It offers both a demo account for practice trading and a real account for live trading with a low min deposit of $10. However, there is limited info on trading conditions.

Binolla Review Summary
Founded	2021
Registered Country/Region	St. Vincent and the Grenadines
Regulation	No Regulation
Market Instruments	200 currency pairs
Demo Account	✅
Leverage	/
Spread	Floating around 1 pip
Trading Platform	Proprietary platform
Min Deposit	$10
Customer Support	Contact form
	Facebook, Instagram
	Telegram: https://t.me/BINOLLA
	Instagram: https://www.instagram.com/binolla_trade
	Facebook: https://www.facebook.com/Binolla-101039076227142
	Address: ZEN E-WAY LLC: Registration number: №2334 LLC 2022
	Registered address: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines
Regional Restrictions	The USA, Canada, EEA, UK, or Hong Kong

　　Founded in 2021, Binolla is an unregulated trading platform registered in St. Vincent and the Grenadines, offering 200currency pairs. It offers both a demo account for practice trading and a real account for live trading with a low min deposit of $10. However, there is limited info on trading conditions.

Pros and Cons

Pros	Cons
Demo accounts available	No regulation
Low minimum deposit	Single type of trading product
No deposit and withdrawal fees	No popular payment options
	Regional restrictions

Is Binolla Legit?

　　Currently, Binolla does not possess valid regulatory oversight. The domain was registered on December 17, 2021, and its current status is marked as “ok”. We advise you to pay high attention to the security of your funds if you choose this broker for trading.

What Can I Trade on Binolla?

　　Binolla specializes in forex trading, offering 200 assets for trade. You can trade a range of currency pairs such as AUD/CHF, AUD/JPY, AUD/USD, GBP/USD, and others.

Account Type

　　The platform offers two account options: a demo account for practice and a real account for live trading.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Proprietary platform	✔	PCs/laptops, tablets, and phones	/
MT4	❌	/	Beginners
MT5	❌	/	Experienced traders

Deposit and Withdrawal

Payment Option	MinDeposit	Fee	Withdrawal Time
Pix	10 USD	❌	Within 1 - 48 hours
PicPay
Boleto
Loterias CAIXA
Online Banking