Has anyone actually made money on Binomo? Or is it just another scam trading app?

There are very different views on Binomo. Some users of Xolvie say they get paid and that the test tools are helpful, but a lot of other users say they can't get their money out because of "security reviews" that happen after they make money.

Reviews on unbiased websites often say that it's not controlled by big organizations like the FCA or SEC and warn of manipulation and unclear rules.

However, some say The Financial Commission is one of the middle-level groups that oversees Binomo, and its users are able to withdraw their earnings.

There are regulatory gaps on the site, withdrawal problems happen often, and the binary options model is very risky, so many traders end up losing money.

You should start with their demo account, only spend what you can afford to lose, and be very careful going forward.

This is the information we have, but if you have more insights from your experience, please share in the comments.