Did someone mention Binomo, and you asked yourself if it is a scam or not? This review outlines seven reasons you can trust this trading platform and join Binomists from over 130 countries.
Who are Binomists, and why do they choose Binomo?
Binomists are go-getters, traders who try to improve their lives every day using the Binomo platform. They have many ambitious goals. They are positive and believe in the best future but they never stop studying and looking for their own strategies.
To get additional income, members of this community not only trade on Binomo but also join the Binpartner affiliate program. Read below and you will understand why Binomists are confident the platform is safe and not a scam.
#1. International regulation Binomo
As an international company, Binomo works in 13 languages, including English and Hindi. If you ask, “is Binomo legal in India?”, we can say the platform is real and legit since it has a physical office in Saint Vincent and the Grenadines and is regulated by the International Financial Commission. The company also has a trades quality certificate from Verify My Trade and several awards.
To make sure whether Binomo is real or not, you can check the logo and address on the website. You can also find reviews of real traders on the net visiting forums like Quora.
#2. Quick registration and verification
Registration and account verification on Binomo are simple processes. Once you head to the website and click the “Sign in” option, you just need to enter your email and create a password or sign up via Facebook/Google account. Then provide the currency youl wish to use.
You will not need to wait for too long for your Binomo account to be checked, thanks to the automatic verification that takes only 10 minutes for traders from India (vs IQ option that may take days).
Once you finish the registration and confirm your email, you can start learning to trade.
#3. Free training on a demo account
From the very first login, you have access to a free demo account with professional training materials. It gives you the ability to use the educational tutorials without investing a thing in Binomo, hence no risks are involved. Instead, the account has $1000 virtual funds that get replenished unlimited.
You can also use the demo account to contest in the tournament “Daily Free” and test different strategies. If you really want to become a Binomist, remember, you cannot rely on one trading strategy on Binomo. This is because none of them can guarantee a 100% result.
If you thought Binomo is a game you need to learn how to play, that is not it. In addition to the fact that there are no winning strategies, the platform also does not provide signals and tips. Nobody will give you a ready-made answer to the question of how to make money on Binomo. You must understand for yourself what is Binomo and how does it work, how to use it, and trade on it. Study continuously and develop your own strategy.
#4. Modern trade system (FTT)
Binomo offers you to open the Fixed Time Trades. You can choose the short-term one that expires in a maximum of five minutes or the long-term one that expires up to an hour.
What’s the essence of this mechanic? You choose one of over 70 assets, the amount of investment to make (from 1$), closing time, and make a forecast of whether the chart will go UP or DOWN. You will get a profit if your forecast at the close of trade is correct.
#5. Secure deposit and withdraw funds
Before you make a payment on your Binomo account, you can ensure the platform is safe and not a fraud. The broker has many deposit options in India, including NetBanking, UPI, PayTm, Indian exchanger, GlobePay, PhonePe. Some payment systems such as PayPal are not partners of the company.
Cooperation with international payment methods can act as proof that Binomo is not a scam or fake and that making a deposit is safe.
The minimum deposit is only $5. Let look at some bonuses that Binomo offers to increase this amount:
- A 25% welcome bonus. You receive it once you open a free account and make your first deposit.
- Bonuses for subsequent replenishments can be summed up with the coupon and ranges from 100 to 200% (depending on the type of Binomo account).
In addition to coupons and codes, there are also no-deposit bonuses from personal managers of VIP clients (risk-free trades, investment insurance, etc.).
Note! Read the Client Agreement to learn all about the terms and conditions of using Binomo bonuses.
How to withdraw money from Binomo
The minimum money withdrawal is only $10. The maximum limit is equivalent to $3000 per day, $10,000 per week, and $40,000 per month.
Note! You can only withdraw cash in the same method that you previously made the payment (for security reasons).
After your request is approved the withdrawal time varies from a few minutes to 3 days or more. It depends on the type of account you hold and the provider.
The platform offers one of the most customer-oriented conditions. For instance, IQ option charges $31 for wire transfer vs. Binomo, which does not charge you any commission during a deposit or withdrawal.
#6. Handy app for trading anywhere
You can not only log into the Binomo web page on your PC but also download the mobile app available for Android and iOS. It allows trading anywhere and anytime, you only need the Internet.
To download Binomo for free just go to Google Play or the App Store. Suppose you have difficulties installing the trading app; kindly do not hack it. It is possible for Android users to invest and trade through the APK via this link: https://www.binomo.com/en/promo/android.
Note! There is no Binomo app for PC (Windows or Mac) since the desktop software does not support it.
#7. High-quality support
Last but not least is the professional support that Binomo offers since it values its clients. You can contact managers 24/7 via live chat or email address [email protected]. Chatbot and the Help Center will also be helpful. The latter can be called a section with an FAQ or analog of Wikipedia.
Join Binomo and become a Binomist
Binomists around the world are confident in the safety and reliability of the platform. Binomo offers both free tutorials and demo account, as well as low deposit and fast withdrawals.
Do not forget about the risk of losing your funds. Use all training tools and educational materials that Binomo offers. Already confident in your trading skills? Switch to a real account and expand your financial empowerment with millions of Binomists in India.