Advantages of the Binomo trading platform
Binomo is a client-oriented company, creating new possibilities in the market of leading trading technologies. Binomo has mastered the art of online trading by developing a safe and secure platform for both novice and experienced traders. At Binomo, we’ve thought of everything down to the smallest detail.
Now let us tell you about the main advantages of trading with Binomo.
1. Binomo is safe
Beginners sometimes ask whether Binomo is legal and if it is safe. Be sure that it is an absolutely trustworthy platform for trading. Binomo was established in 2014 and now it serves clients in over 133 countries.
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. Therefore, it is definitely not a fraud.
Moreover, Binomo uses popular payment methods such as bank cards and e-wallets which means that the company gained the trust of credible financial institutions. You don’t need to doubt the company’s legitimacy.
2. Fast registration and verification
The registration procedure on Binomo is fast and clear for everyone:
- For logging in, get to the English binomo.com website or use the official mobile app.
- You can sign up on the login page by using an email address and setting a password or sign in via your Facebook or Google account.
- Choose the currency of your account. It is important to know that once you have registered and logged in, you can not change it.
- Afterwards, you need to read and accept the terms of the Client Agreement so as to abide by the rules of the platform.
- Finally, log in through a browser on the web platform that is suitable for PC or download the Binomo app and access the platform from a mobile device.
Note! Users who want to create a new Binomo account should first figure out how to close an existing one because multiple accounts are against the rules.
3. Free tutorials and practice on a demo account
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 video 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. Even on a free Binomo account, you will have access to many features, strategies, indicators, and to a “Daily Free” tournament where all users, including demo account holders, can test their abilities daily.
Apply various trading strategies described on Binomo and participate in tournaments to train and improve your results. Remember that no strategy guarantees 100% result of a trade. There is no “winning strategy” that leads to correct forecasting every time. So you need to rely on your experience, knowledge and develop a personal approach to price forecasting.
4. Fantastic Help Center
The Help Center section of Binomo is comparable to Wikipedia for traders, where they may obtain answers to FAQs. If you encounter a problem while practicing, you can apply to the Help Center for finding tips and resolving your queries. Another way is to contact a manager from the support team to discuss your issue. You can easily do it through email@example.com or use a chatbot on the platform.
5. Deposit & withdraw funds safely
Binomo is a very reliable company for investments as it verifies the identity of all its traders and their payment platforms. It makes your funds secure during withdrawal and deposit. Also, it is a sign of a trustful platform if it works with popular payment methods.
Binomo allows several payment methods to invest funds; the most popular deposit options are VISA, MasterCard, Advcash, Skrill, Perfect Money, etc.
As per withdrawals, they should be made only through the same payment method that was chosen for depositing. The average time for withdrawals on Binomo could take 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. You can withdraw up to $3,000 per day, $10,000 per week, and $40,000 per month with Binomo. It’s also worth mentioning that some payment methods have withdrawal limits.
There can be an account verification process initiated by Binomo. The automatic verification service on Binomo helps you confirm your identity in a record time of 10 minutes.
An important competitive advantage of Binomo is that no commission is charged on withdrawals on the platform.
Note! The minimum deposit and withdrawal on Binomo is $10.
6. Advantageous bonuses
- All Binomo users can receive a 25% welcome bonus on a free account during the 30 minutes after registration. To get it they need to make the first deposit.
- Deposit bonuses are offered when depositing funds. They depend on the amount and your account status.
- As part of the Binomo bonus terms and conditions, your manager may provide you with a bonus coupon or code as a reward.
- Binomo no-deposit bonuses include risk-free transactions for VIP account holders, mailing to users with a set-amount gift to the account, etc.
Read more about different awards for Binomo users in the Client Agreement.
7. A modern system with FTT
Binomo offers fixed-time trades. This trading mechanics allows you to forecast whether the price will rise or fall within a period of time. To open a trade:
- Choose an asset.
- Deposit the necessary amount for your trade and define a time when you want the trade to be closed.
- Make a forecast – the chart will go UP or DOWN. If your forecast is correct, you get extra income, and if not – the deposited amount won’t be returned.
To reduce risk, you should be able to read the chart and make feasible forecasts. Binomo is not a platform for a fast profit. Trading always requires skills and practice. Also, you shouldn’t rely on sources providing signals because they might be cheating – use only your own knowledge for forecasting.
Besides the Binomo website, the platform offers a user-friendly mobile trading app. Find the yellow logo on Google Play or App Store, and after downloading the app 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 empowers you to have unlimited access to the Binomo platform anywhere at any time on your device as long as you are connected to the Internet.
Note that on Binomo there is no app to download for PC (Windows/Mac OS), and if you wish to access the platform on your laptop, log in to the web version. Although it can be even more convenient to trade in your browser because you have access to all the features without the need to download software on a desktop.
* * *
Due to its distinguishing features like contests, strategies, and educational materials offered to any user, Binomo is one of the most attractive online trading platforms. It’s a really reliable and regulated company, not a scam or fake. Once you learn the basics in training, you can invest from $10, trade on a real account, and earn up to 90% in case of the correct forecast. 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.