Binomo is a popular and reliable platform for trading established in 2014. It serves clients in over 130 countries. It has millions of users globally, who left many positive reviews on different forums for traders.
However, users should rely on facts to confirm whether the company is real or fake rather than on someone’s comments. So let’s look at 7 unbiased reasons why you can trade on Binomo absolutely safely.
1. International regulation of Binomo
In 2018, Binomo became a category “A” member of the International Financial Commission (IFC). On its official website, you can find confirmation that the document is real. Binomo has also been audited by the independent organization Verify My Trade (VMT), which confirms the quality of trading on the platform. The IFC also has a compensation fund for all its members, including Binomo, and it implies that your trades are protected.
If you are still wondering whether Binomo is a fraud or safe, head to the website for more information, such as the office address. The platform is available in English, Hindi, and other languages.
2. Free tutorials and practice
On reliable platforms, there is no need to invest immediately after registration. On Binomo you can take the necessary time to learn and practice until you feel confident in trading and ready to invest real funds.
You can watch the Binomo tutorial to get familiar with the platform after you register an account. Then create a demo account with virtual funds to learn how to trade on the platform and how to read the chart.
Apply various strategies described on Binomo and participate in tournaments to train and improve your results. On the Binomo demo account, traders can contest in the “Daily Free” tournament and test strategies. Remember that no trading strategy ensures a 100% result, so you need to rely on your experience, knowledge and develop a personal approach to price forecasting.
3. Several types of real accounts
After training and practice on a demo account, the user can start financial empowerment by making the first deposit. There are four types of accounts available on the platform: Demo, Standard, Gold, and VIP. Depending on the account type, traders get access to various benefits, tools, and bonuses.
According to the terms and conditions, the type and size of the bonus are determined by the account you have on Binomo. In addition to deposit bonuses from 100 to 200%, you may receive a coupon or code as part of the promotion or as a prize from your manager.
The best benefits, including no-deposit bonuses and personal manager support, are only available with a VIP account. Furthermore, the platform offers the prestige club; it is a premium service package for high-class traders who value their time. Its members receive special bonuses such as free participation in high-level tournaments and increased cashback.
4. Secure payment methods
Binomo is very reliable as it verifies the identity of all its traders and their payment platforms, this makes your funds secure during withdrawal and deposit. Also, it is a sign of a trustful platform if it works with popular payment methods because famous payment systems and banks won’t work with scammers.
Binomo allows several payment methods to invest funds; the most popular deposit options are VISA, MasterCard, Advcash, Skrill, Perfect Money, etc.
5. Secure withdrawal of funds
How to withdraw funds from Binomo? For security reasons, withdrawals can be made to one of the payment methods previously used to make a deposit. The payout can take anything from a few minutes and up to 3 days since you make a request. It depends on the payment system and the type of your Binomo account. Be rest assured that your transaction is secured.
Note: Do not worry if the company requests documents establishing your identity during withdrawal or other moments. Verification will protect your Binomo account and funds from getting to unauthorized persons. In addition, automatic verification service on Binomo helps you confirm your identity in a record time of a few minutes.
You can access Binomo anytime from anywhere and get fast support when necessary. The Help Center is like Wikipedia for traders, where they can find support and answers to questions about trading, such as how to close an account or how to withdraw funds. Another way to make a query is to contact a manager from the support team to discuss your issue. You can easily do it through firstname.lastname@example.org or use a chatbot on the platform.
7. An intelligible Binomo trading app
It is worth saying that only trustful platforms invest in applications development because it requires a lot of resources. Besides the website www.binomo.com, the platform offers a user-friendly mobile trading app. When you download it, you can always check the Binomo chart, monitor your trading, and make deposits and withdrawals. The app is very convenient – you can ensure yourself reading the app reviews on the net. It gives you unlimited access to the Binomo platform anywhere at any time on your device as long as you are connected to the Internet.
Note that there is no Binomo software or app to download for PC, and if you wish to access the platform on your laptop, use the web version.
* * *
However, keep in mind that there is always a risk of losing your investment if you make a wrong forecast. Therefore, do not forget about learning; use traders’ tips, learn strategies, improve your trading skills and practice on a demo account. It will help mitigate this financial risk.