Finance

How to use Binomo – India’s trading platform overview

There are many online trading platforms over the internet but this makes it harder to choose the best trading website for yourself. So, we discovered one for you which is totally safe and reliable. Binomo is one of the leading trading platforms. It has been operating since 2014 and has several awards. The company is a part of Dolphin Corp. and their office is in St.Vincent and the Grenadines. Every day, thousands of traders trade online on binomo.com. We’ll dive deeper into this review and find out what Binomo is.

Is Binomo real?

Even though asking this type of question is a bit weird, we understand that there are a lot of sayings across the internet and people say different things. Is Binomo legal to operate in India? First of all, Binomo is not a scam. This is a really honest trading partner. Binomo has served its customer since 2014, as we said before. Also, the platform is officially presented in the App Store and Google Play Store as an application.

Apart from these facts, Binomo is an “A” category member of the Financial Commission. The Financial Commission ensures the rights of Binomo customers despite any potential conflict. It is a third-party detached conflict resolution company and includes objective finance professionals within its committee. Given this, it can hardly be said that Binomo is a scam or a fraud!

Note! The Binomo trading platform works in 13 languages, including Hindi for traders from India.

Sign up, Login

Binomo’s website is user-friendly and it is super easy to start using it. If you don’t know how to sign up or log in, please follow the steps below:

  • Go to https://binomo.com/.
  • Click on the yellow “Sign-in” button on the upper right corner of the screen.
  • Enter your email address.
  • Create a password.
  • Choose the currency for your account. (Remember that you will not be able to change it later.)
  • Read the Client Agreement carefully and accept these terms.
  • Click on the “Create an account” button.
  • Go to your email and click on the link that Binomo automatically sent you.

That’s all. Now, you’re a Binomo member. To log in, go to the official website and click on the “Sign-in” button. Then, click on the  “Login” button and enter the data that you provided during registration.

Account types

Binomo offers 4 trading types of accounts but it offers three. Each account has different requirements and features.

1) Standard Account – This is the basic account of Binomo. You can open it only for $10 and can start trading genuinely. It offers more than 40 trading assets and up to 100% deposit bonuses. You are also free to join a tournament (Daily Free) and other tournaments to challenge yourself and your trading skills!

2) Gold Account – This is a cumulative account that will be available to you with a total deposit of $ 500. You have all the benefits stated above, on the “Standard Account” section, only more: over 50 assets for trading, up to 150% deposit bonuses. In addition, you have up to 5% cashback (in some cases), insurance and a personal account manager.

3) VIP Account – This is the superior account on Binomo invest trade. You can sign up for $1000 (total amount on cumulative account). You have access to all the features that are listed above, just more: over 60 assets for trading, up to 200% deposit bonuses, up to 10% cashback (in some cases). Plus, you have the possibility of risk-free trade, VIP tournaments for the VIP account owners!

Education

The trading platform wants to teach its traders how to use Binomo properly. So that, users would feel comfortable while trading. There are free Binomo tutorials and educational materials provided on the website. First of all, Binomo opens a demo account for every new user. Through a demo account, you can have a real trade experience without losing the deposit. You are free to observe and trade online with the $1000 virtual funds that Binomo funded on your demo account. You don’t have to worry about the amount since Binomo replenishes it when it ends. Don’t forget that virtual deposit isn’t real and you can use it only for educational purposes.

Deposit and withdraw

You can use bank cards or e-wallets to withdraw your funds from Binomo. The only important thing that you should pay attention to is using the same payment method for deposit and withdrawal.

You can withdraw funds from your account by following the steps below:

  1. Go to the home page and click on the “Cashier” button to request a withdrawal.
  2. Specify the amount you want to withdraw.
  3. Specify your withdrawal method.

The withdrawal time can range from several minutes to 3 days or more. It depends on your account type and payment system.

How to invest in trading?

Do you want to start trading but don’t know how to invest? No worries. On Binomo, there is a large selection of trading assets that you can choose from. Your investment depends on the result of a green or red button selection which is based on the forecast. The green button means gaining value and the red button means losing value. To learn more, you can learn the Strategies section on Binomo.

Strategies

One of the most important things is to learn and implement Strategies on Binomo to trade. By clicking on the link

https://binomo.com/information/strategies, you can see the different strategies developed for beginner, intermediate and professional level traders. After studying the beginner level strategies, traders can try mid and high-level strategies as they improve their trading skills. We advise you to check the strategies on a demo account before real trading.

Tournaments

Binomo tournaments are one of the best ways to get more professional experience in online trading or to improve your skills. You can go to the tournaments page by clicking the “Trophy” symbol on your account. Tournaments can be either paid or free. The participation fee of each paid tournament is different also, the amount in the prize pools varies. You can choose a tournament to participate in the Tournaments section.

Where and how to download the app?

The Binomo app is suitable for devices running iOS and Android operating systems. You can download the application separately from the App Store and Google Play. There is also another solution for Android devices if the application is not downloaded from Google Play. This is a Binomo apk file. Here is the link to download Binomo apk: https://binomo.com/en/promo/android.

Results

Binomo doesn’t promise you easy trade. It provides educational materials, demo accounts, and tournaments for you to learn about online trading and get additional income. Also, it offers strategies for you to study. So Binomo doesn’t give you fish, he teaches you how to fish. The trading platform then will become one of the ways to getting additional income.

Please note that in online trading you always risk losing some or all of your deposit. Follow the advice in this review to minimize the risk.

About the author

Tirupati Gumpula

Hi, I'm a Tech Enthusiastic and founder of Popular technology blogsWay to Hunt. & Elite Tricks. Want to promote your brand? Email: [email protected]

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