Binomo is a popular online trading platform that enables its users to trade with +55 assets. Binomo was established in 2014, and the online trading platform today takes part in more than 130 countries. The company’s aim is to provide the best services and online trading experience to the users. With that motivation in mind, Binomo becomes better every day. Now, if you want to learn more about Binomo trading, please continue reading this review.
What is Binomo India?
Binomo is a developing company which has a number of users each passing day. It also operates in India and has many Indian traders due to the fact that the Binomo platform supports Hindi. If you are a beginner, you should know that Binomo offers a Demo account for each trader around the world. To learn about online trading better, you can benefit from the advantages that Binomo offers, such as strategies and free education. Traders who master their skills first and then train every day with patience increase their trading skills. Let’s check the comments of real Binomo traders to know about the online platform better.
Bonu S. “Binomo best trading app.”
Harshika S. “I like Binomo. It’s an excellent service platform and also has the best customer support services.”
Shubhangi D. “I myself have tried Binomo, it is a great platform to improve your trading skills for beginners as well as the experienced. The demo version and the tutorials have taught me so much. Binomo is the best trading platform for me.”
Faizal Z. “I simply love this platform. I would be the first to admit that trading can be hard. But I have used Binomo for a while now. It is a comfortable and reliable platform to trade on!”
How to sign in and trade on binomo.com?
To open a Binomo account, please follow the steps below:
- Go to binomo.com
- Click on the “Sign in” button
- Use your Facebook/ Google account or enter your email
- Create a password and select the account currency
- Read the Client Agreement and confirm that you read
After clicking on the “Create account” button, you’ll get an automatic email from Binomo. Go to your email and click on the link that was sent by Binomo to complete your registration.
But how to use Binomo? Depending on your account type, you choose an asset, let’s say currency pair. Then, you have to decide on a time (from 1 to 60 min). Let’s say that you choose for 5 minutes. The next thing you have to do is forecast if this asset will raise value or decrease in value. If your prediction is correct, your account will be funded.
Demo: A demo account is provided for each trader after registering on the site. You cannot trade with real funds on this account. Binomo funds it with $1000 virtual currency for you to be able to learn the system, strategies, and online trading.
Standard: To have a Standard Account membership, you have to deposit a minimum of $5 or ~350 INR (for Indian traders). Real funds are used on this account. It provides you more than 40 assets to trade.
Gold: To have a Gold Account membership, you have a cumulative deposit of $500. It provides you more than 45 assets to trade. You will also have a private account manager, 5% cashback (in some cases) and up to 150% deposit bonus on Gold accounts.
VIP: To have a VIP Account membership, you have a cumulative deposit of $1000. It provides you more than 55 assets to trade. Besides a private manager and up to 200% deposit bonus, you will also be able to attend VIP tournaments, 10% cashback (in some cases) and enter into risk-free deals.
On Binomo, you can use different payment methods such as bank cards or e-wallets to deposit and withdraw funds. The only thing you have to be careful about is to use the same payment method for deposit and withdrawal.
Withdrawal time depends on your payment system and account type. Basically, funds from Binomo are withdrawn within 3 days.
What Is a Binomo App?
Binomo app is the mobile version of binomo.com website. It was designed for the traders who don’t have access to a desktop or just prefer to trade mobile. You can download the Binomo trading app on the App Store or Google Play.
At the same time, Android users can also download apk Binomo from this link: https://binomo.com/en/promo/android.
Binomo Is Not A Scam
Asking if Binomo is legal in India and if it can ensure the safety of its client, the answer is “Yes, legal and reliable”. Binomo is a certified online trading platform, and it is a member of The Financial Commission, a company that guarantees customer satisfaction to the users of companies that are incorporated. Binomo also has a Verify My Trade. It is an assurance that the Binomo traders’ rights and deposits are safe.
Even though Binomo opens a new way for the traders to get an extra income, it is not easy. First, you have to master your trading skills with free education, strategies, and hard work. Binomo provides you everything you need to level up in trading. But as it is in the nature of trading, there is always a risk of losing a part or all deposit.