Featured Image Caption: What is Binomo?
Binomo is a client-oriented company, creating new possibilities in the market of leading trading technologies. Binomo is owned by Dolphin Corp, a company registered under the laws of Saint Vincent and the Grenadines. It has been providing quality services to clients all over the world since 2014.
WHAT IS BINOMO?
Binomo is a high-end online trading platform with a wide array of financial assets to trade. It is used by many people all over the world to earn extra income in the comfort of their couch. The trade is based on various assets, including changes in the exchange rate of currencies among other assets.
Binomo is the ideal trading platform for both experienced and novice traders. It has various tutorials and access to a demo account for novice traders looking to improve their trading skills.
IS BINOMO SAFE TO USE?
The first question that springs to mind while looking forward to investing is the safety of the platform. In this regards, Binomo has put a lot of emphases, making their platform one of the safest online trading platforms.
This key aspect of safety can be reassured as Binomo has been a category ‘A’ member of the international finance commission since May 2018. The finance commission is an independent dispute resolution organization that specializes in financial markets. This association with the finance commission reaffirms Binomo’s commitment to adhere to the highest standards and best business practices.
REGISTRATION AND SIGN-IN
Registration and sign-in to a Binomo account are a simple and a free process.
- Visit the official Binomo website. https://binomo.com/
- Sign up using a social network account or sign up using an email and password.
- Choose the currency you want to trade-in. Ex: Dollars, Euros, local currency.
- Click on create an account. Once Binomo login is done, you will be navigated to the main screen. Yes, it’s that simple!
Along with the real account, Binomo offers a demo account wherein novice traders will be able to develop their trading skills.
There are 4 upgrades to your Binomo trading account.
- Free demo account.
- Standard account.
- Gold account.
- Vip account.
Once you are logged in, you will be able to use Binomo demo account. Your demo account is allotted 1000 dollars (65000 rupees) to practice your trading strategies. Using educational and training content on the platform, you will be able to fine-tune your trading skills in your journey to become an expert trader.
The minimum amount that can be deposited is from 350 rupees (around 5 dollars).
HOW TO USE BINOMO
Binomo offers a trading platform on their official website and through the mobile application. First, let us look at using the official Binomo website.
The Binomo website is a hassle-free easy to use design which enables even a novice computer user to easily navigate through all of its pages. Once you register and sign in, you will be navigated to the trading home page.
This will be your trading home page. The top left corner has a menu bar which provides access to
- For Traders
- Help centre
Various types of assets can be selected from the drop-down box in the navigation bar.
You can switch between demo and real accounts from the navigation bar.
Access to deposit page is provided in the navigation bar, which further provides access to the following pages.
- Deposit Funds
- Withdraw Funds
- Transaction History
- Account Types
Users in India are provided with various options to deposit funds including bank cards, crypto-currencies, e-wallets.
The profile page can be accessed by clicking at the top right corner at the home page.
Overall binomo.com website is very easy to navigate.
Binomo education includes a course containing video tutorials for traders to develop their financial literacy and trading skills. These can be accessed in the training option under the menu.
There are seven steps, they are
- How to trade
- Trading chart
- Trade like a pro
These steps will enable users to learn using the platform; develop their trading knowledge and skills.
BINOMO TRADING APP
Binomo provides an official mobile application to let its user’s trade at the convenience of their mobile phone. The official app can be downloaded from Google Play store for android user, from App Store for IOS users.
For android users, Binomo trading app can also be installed by downloading Binomo apk.
The mobile app provides most of the services that are available on the official website. Demo account, 50 plus trading assets depending upon account type, Deposit and withdrawals, 24/7 support are some of the features provided in the mobile application.
WHY SHOULD YOU TRY BINOMO?
Binomo offers comprehensive trading opportunities to skilled and novice users. It is a safe and efficient platform already used by millions all over the world at their convenience to make additional income.
As with any other form of trading on financial markets it involves risk, but by improving your strategies by learning from the educational content, and practicing strategies in the demo account using demo funds, the risk can be strategically minimized.
CAN BINOMO BE USED IN INDIA?
Binomo already has many users in India. Many people in India access it using Binomo app and Binomo web.
I found trading on the Binomo platform to be very simple. As mentioned in this article, you need to select an asset, amount, time, and then make your forecast. Before trading from your real account, I would suggest you practice your strategies in the demo account Binomo. There’s a lot of educational content on the platform that you can access to develop your strategy.
Paytm is one of the most popular e-wallets in India used daily. Including Paytm as a withdrawal option in Binomo India makes transactions hassle-free. Just give your number linked to your Paytm e-wallet and request to withdraw the funds.
The sign-up process on website Binomo was straightforward. It took only a couple of minutes for me. The information required was an only email address, password, and currency choice, and my account was ready! The Binomo demo account appears to be very useful as well. I was also provided with a Binomo tutorial, which made things very easy.
Generally, trading platforms tend to charge users with commissions for their benefit. But Binomo is unique in that aspect. They charge no commission, meaning I will use all the funds I have deposited for trading and withdraw funds without any deductions.