Is Binomo Legal in Pakistan?
A factual look at Binomo’s legal status in Pakistan — licensing, the risks before you decide.
Open a Binomo demo →Binomo is not licensed by SECP and is not locally regulated in Pakistan. Funds are not protected under Pakistani law, and fixed-time trading is high risk — read the status carefully before you decide.
Binomo’s legal status in Pakistan
- Binomo is not licensed or authorised by the Securities and Exchange Commission of Pakistan (SECP)
- It is an offshore platform operated by Dolphin Corp LLC in St. Vincent and the Grenadines, launched in 2014
- It holds no Pakistani licence and is not supervised by a local regulator, so there is no local body to appeal to if something goes wrong
- Its offshore certification is IFMRRC plus Financial Commission category ‘A’ (a compensation fund up to €20,000)
- Because it is unlicensed locally, deposited funds are not protected under Pakistani law
- You must be 18+ to sign up; fixed-time trading is high risk and can forfeit 100% of a stake
Legal status at a glance
| Question | Answer |
|---|---|
| Licensed by SECP? | No |
| Locally regulated in Pakistan? | No |
| Offshore certification | IFMRRC; Financial Commission cat ‘A’ (fund up to €20,000) |
| Local complaints body | None |
| Funds protected locally? | No |
Frequently asked questions
Is Binomo legal in Pakistan?
No. Binomo is not licensed by the SECP and is not locally regulated in Pakistan. It is an offshore platform operated by Dolphin Corp LLC in St. Vincent and the Grenadines.
Is my money protected?
No. Because Binomo is not licensed locally, funds are not protected under Pakistani law. Consider the risks carefully.