Binomo is a trustworthy partner in trade

Binomo is a trustworthy partner in trade

Trading online has been a growing trend for many years due to the technology’s impact on our lives every day. India is no exception to this trend. Despite the fact that online trading is growing rapidly, scam platforms continue to increase. We recommend a safe platform and tell you why Binomo is the best.

What is Binomo?

We are aiming this recommendation by reviewing Binomo. We think it is better for you to learn about its features first. Binomo’s online trading platform and app offer a safe service. The additional income through the platform’s website and the app is based on the changes in asset prices, and this convenient service has been being given by Binomo since 2014, when it was legally founded by the Dolphin Corp.

Sign up & Login

The Binomo platform is not only a leader in this market with its opportunities, but also offers a user-friendly interface. Registering and logging in are easy on the Binomo website as well as the app.

When you visit binomo.com you will see a yellow “Sign in” button. It will allow you to sign in to a Gmail account or Facebook account. Or, you can register with just an email account.

In the second case, in order to register on Binomo you will need to create a password. Select the currency you wish the platform to use. This currency can be used for trading as well as to deposit and withdraw money. After it has been set, it cannot be modified. Next, read and agree to the Client Agreement. After you have completed this last step, you will receive an email confirmation from Binomo confirming that your account is ready for use.

Account types

Binomo offers four types of accounts. Each account comes with its own benefits.

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One of them is the Demo account. Designed to get the beginners to learn how to trade, a virtual $1000 also funded by Binomo to use, but please remember that the virtual fund only is able to be used for educational purposes. It is affordable for beginners who wish to learn; it shows the Binomo website as well as the trading app.

The other one is the Standard account. This type stands as an entrance account and opens when you deposit 5$, offering 40+ assets to trade, up to 100% deposit bonuses. You can also participate in free and paid tournaments.

There is also a Gold Account. Besides 50+ assets to trade, it has also a number of advantages such as trade insurance, a personal account manager, and also a 5% cashback for unproductive weeks, up to 150% deposit bonuses after a cumulative deposit of 500$.

The fourth type is the VIP account. It is a cumulative account available after a total deposit of 1000$. This comes with 60+ assets to trade. It also offers insurance, a personal manager and access to VIP Binomo Tournaments. Besides these, there is a 10% cashback for those unproductive weeks this time, up to 200% deposit bonuses and a risk-free trade is offered by the platform.

It is up to each person to decide which one suits their goals.

Deposit & Withdrawal

As mentioned, the user-friendly interface at Binomo makes it much easier to deposit and withdraw funds. You can do this by using e-wallets or bank cards. You should only use the same method to deposit and withdraw funds from Binomo.

The time it takes to withdraw depends on your account status and the payment system. Processing a withdrawal request from Binomo, for example, can take anywhere from a few minutes up to three days. Binomo might sometimes ask traders for verification. During this time, withdrawals are not possible.

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Education

For starters, Binomo offers free education materials. Indian traders who are not fluent in English need not be concerned. All tutorials are available in Hindi.

For any questions you may have, the “Help Center” section is at your disposal. There are many categories, including General Information, Deposit funds, Withdraw funds and Others. You will find a lot of detail explanations.

A Demo account, which offers the chance to practice trading with virtual funds, is an excellent way to start trading. Remember that learning is best when you do the work of learning. This is why the Demo account was created.

How to invest in trading?

If you are still unsure about this question, you can find the answer in the section Strategies on the website. It explains the different ways you can trade. These are some useful trading methods. We recommend that you start with the Beginners type.

Note! None of the strategies are 100% profitable and neither of them can guarantee a success to trade. Strategies should be used in conjunction with other tools and a thorough analysis by the trader.

Tournaments offer many opportunities to test the learned methods and diversify them. It is also a way to see the progress you’ve made. You can join many tournaments through the website or the app. You can participate in both paid and unpaid tournaments, each with a different prize pool.

How can you use Binomo? First, you need to create an account. Next, select an asset to trade. Analyze the chart and forecast whether the asset’s price will go Up or down. If your forecast is accurate, you will receive the profit from the trade as a credit to your deposit.

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Download the App

Downloading the Binomo App is easy. Google Play will be the best place to find it if you have an Android phone. It is the App Store for iOS devices. In case of any problems while downloading it, you can download a Binomo apk at link: https://binomo.com/en/promo/android. This is only for Android users.

Binomo is not a scam

Is Binomo legal in India? Is it fake or real? These are all questions you should ask when reviewing an online trading platform. However, Binomo assures its customers about its trustworthiness.

Binomo serves in over 130 countries in safe ways. As a financial commission, which tracks user rights in trading fields, the Financial Commission certified the platform.

Binomo also received VMT (Verify My Trade), Certificate, which certifies the trade quality and proves that the platform is legitimate.

There are also awards that can answer the question of “Is Binomo fraud?” In 2015, FE Award was given to the platform. Platform won the IAIR Award in 2015, recognizing its safe service.

Outcome

With all of these things being considered, it’s reasonable to conclude that Binomo provides users with an easy-to-use service. It’s safe and offers many benefits.

It is important to understand the risks involved in trading, such as losing your deposit completely or partially. For traders who are ready to accept the risks of trading, Binomo provides its services through both the app and website. Trading is possible with the help of the platform, which we believe offers a reliable and convenient experience.

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