binomo.com Client Agreement

Implications

• The Company provides access to trading operations via its website and mobile application.
• Acceptance of the Agreement is completed by registering an account on the website.
• The services are provided under the laws of Saint Vincent and the Grenadines, which may differ from local laws.
• The Privacy Policy and Cookie Policy are integral parts of the Agreement.
• The Client's account balance does not include open trades.
• Risk-free trades allow the Client to keep profits without restrictions.
• Bonuses are not a financial obligation of the Company to the Client.
• The Company can withhold funds if no trading activity occurs for 6 months.
• Verification of the Client's identity is required.
• The Company can block multiple accounts held by the same Client or group.
• Withdrawal fees may apply, particularly for multiple withdrawals within a 24-hour period.
• The minimum deposit and withdrawal amounts are generally $10/€10.
• The Company can impose limits on withdrawals.
• The Company has the right to request additional documentation for AML compliance.
• The Client may incur a 10% fee for withdrawals without sufficient trading turnover.
• Quotes on the Trading Platform are indicative and may not reflect real-time market quotes.
• The Company is not liable for losses due to technical issues or force majeure.
• Profits made using artificial intelligence or software vulnerabilities may not be honored.
• The Client is responsible for maintaining the confidentiality of their login details.
• The Company does not provide tax data to third parties.
• The Company may amend the Agreement at any time without prior notice to the Client.
• The Agreement is governed by the laws of Saint Vincent and the Grenadines.

Things to watch out for

• The Company can block your account if you refuse to provide documents for verification.
• Multiple accounts associated with the same Client may be blocked and funds may not be returned.
• Withdrawal fees and limits could affect your ability to access your funds quickly.
• Trading operations are not conducted on an official exchange, which may carry higher risks.
• Profits made through prohibited means, such as bots or exploiting software vulnerabilities, will not be paid out.

AI recommendations

Before engaging with the services offered by the Company, ensure you understand the implications of trading under the laws of Saint Vincent and the Grenadines, as they may differ from your local regulations. It is crucial to maintain the security of your account details and to comply with the verification process to avoid potential account blocking. Be aware of the withdrawal fees and limits, and remember that inactivity can lead to funds being withheld. Lastly, familiarize yourself with the risks associated with over-the-counter trading, as it differs from official exchange trading and may carry higher risks.

FAQs

What happens if I don't trade on my account for an extended period?

If there's no trading activity for 90 days, a monthly fee of $30/€30 is charged. After 6 months of inactivity, the Company can debit all funds from the account.

Can the Company change the terms of the Agreement?

Yes, the Company can amend the Agreement at any time without prior notice, and the changes take effect once posted on the website.

Are there any restrictions on withdrawing funds from my account?

Withdrawals are subject to minimum amounts, potential fees, and limits on the amount you can withdraw daily, weekly, and monthly.