There are fantastic opportunities to explore online trading and earn extra income. Make sure it’s real and not a fraud. Binomo has maintained its reputation in terms of reliability for years now. To know more about Binomo, here’s a review to help you.

What is Binomo in India?

Binomo is one of the best trading platforms. The company serves its clients online by delivering exceptional services as one of the most reliable platforms in India. Binomo has acquired thousands of clients and lots more internationally.

Is it safe or fraud?

People usually fear getting scammed and are not quick to enjoy opportunities like Binomo has to offer. However, this trading platform has shown to be different from the common fraudsters by providing top-notch services always. The company is also being regulated by the Financial Commission and mentioned as one of its most outstanding members.

Sign up and login

To start trading on Binomo, you need to register and create an account to use. You can do that on the platform website https://binomo.com/:

What is Binomo

  • Visit the website homepage; you will find a Login button at the top right corner.
  • Click the button, and a registration page will be displayed to fill in your details.
  • Submit your details accordingly and correctly (email, password).
  • Choose your preferred currency for trading (EUR or USD or local currency).
  • Read through the Client Agreement and Privacy Policy.
  • There’s a button with “Create account” click on that to submit the form.

You should get a confirmation email after your submission. Follow the link that you find in the email to confirm your account, and once it has been validated, you can start trading.

Education

Before you start trading, ensure you have enough knowledge to do it well. It’s a good thing that Binomo has provided every resource you’ll need. On the website, you will find a wealth of educational materials and tutorials to teach you how to become a trader. There’s free access to all the resources and analytical data to sharpen your forecasting and proper analysis skills.

Account Types

There are different types of accounts that you can use on Binomo. It depends on what you want and how much you have deposited before. Binomo has four account types, and they include:

1. Free (Demo)

A demo account is for learning how to trade with virtual funds and gets replenished when used up. It helps you get practical with how to handle actual trading. You can try out your trading ideas and strategies to see how well they work.

2. Standard

Unlike a demo account, a Standard account is for real trading whereby you deposit your funds for trading. There are assets available for trading.

  • You need a minimum deposit of $5 to activate the account.
  • You get access to 40+ assets for trading.
  • Deposit bonuses up to 100%.
  • Withdrawals are processed within 3 days after your request (depends on payment method).
  • Profitability of up to 85% of your investments (in case of correct forecast).

3. Gold

This account offers more than the Standard account. To activate it, you should have made a total deposit of at least $500. Other benefits of an account:

  • 50+ assets
  • Withdrawals are processed within 24 hours of your request, depending on your withdrawal method. But some withdrawal methods still require up to 3 days.
  • Deposit bonus up to 150%.
  • Profitability of up to 90% of your investments (in case of correct forecast)
  • Cashback of 5% (in some cases).
  • You get a Personal manager at this level who helps you in devising strategies and optimizing your investment.
  • In addition to the above, you get Insurance and Happy hour.

4. VIP

Here’s the best account on Binomo, and it’s better than the Gold account. You should have deposited up to $1000 or more in your account cumulatively to open one. You get access to more assets for your trading (60+) and other benefits:

  • Deposit bonus up to 200%.
  • Withdrawals are processed within 4 hours of your request, depending on your withdrawal method. But some withdrawal methods still require up to 3 days.
  •  A weekly cashback of up to 10% (in some cases).
  • Trade profitability is up to 90% (in the case of a correct forecast).
  • You also have a personal manager to guide you through the investment.
  • You have access to a risk-free trade.

Binomo App review

What is Binomo

There’s a mobile app for Binomo that you can download to trade on your phone. It’s available for whichever mobile device you are using, either iOs or Android. Visit the app store for your device and search for the Binomo app. Download the app and install it on your mobile device. You can monitor your trading anywhere you are.

Also for Android users, Binomo apk is available at the link: https://binomo.com/in/promo/android.

Conclusion

On Binomo, it is possible to get up to a profit of 90% when you give a correct forecast when you trade. As you trade with the price fluctuations, you should note that there are risks attached. In a case whereby you give a wrong forecast, you might lose most or all your funds. Make sure you understand what is at stake when you trade.

In any case, the Binomo trading platform is your reliable trading partner!

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