This review answers what’s Binomo and explains how the website or trading app works. Read to learn all about why traders choose the platform and why they call themselves Binomists.
Binomists are members of the multimillion community that use the platform. What they have in common is that they:
Binomo is a safe platform to get additional income. The company works in various countries and is available in multiple languages, including Hindi or English.
People who wonder whether the platform is real or fake should know that Binomo is regulated by the International Financial Commission, has received a trade quality certificate and several awards. Positive brokers’ reviews on forums like Quora can also assure that the company is not a scam.
Are you still asking, is Binomo legal in India or fraud? You can head to the website and check the office address to get more legitimacy proof.
You don’t need to make the first deposit to learn how to trade. After registration on Binomo, every trader has access to a demo account.
Note! It’s critical to know how to close an old Binomo account before registering a new one, as having multiple is against the regulations. Also, the currency cannot be changed once you sign up.
A demo account allows learning how to use Binomo. Here you can start trading for free with 1000 virtual dollars and learn FTT mechanics that is understandable even for beginners.
Furthermore, there is a Help Center, a FAQ section similar to Wikipedia. If you have any difficulties, also contact the chatbot or support.
Traders looking for answers to how to make money or play on Binomo should know that it’s not a quick profit game but a trading platform. The company discourages the use of signals and unverified tips.
Binomo provides its clients with another means to test their skills. The tournament “Daily Free” is available to all users, including demo account holders. The remaining contests are for a fee and allow you to compete for real prizes.
Binomists don’t follow the beaten path but constantly develop new solutions. It’s beneficial to try strategies on a demo account, but no technique can be winning on its own.
Indicators are visual tools that can be really useful in tracking price movements. However, they should only be used in the context of the strategy chosen.
You can switch to a real account after training on Binomo. The minimum deposit in India is $5, but to qualify for VIP status, the total investment amount should be $1,000. Payment options vary from region to region; however, aside from PayPal, popular methods in India include NetBanking, UPI, Paytm, GlobePay, PhonePe, etc.
Binomo offers several types of gifts: welcome bonus for a free account, deposit rewards up to 100-200%, no-deposit bonuses, coupons, or promo codes. According to the terms and conditions, VIP account holders receive the most incentives, like cashback up to 10% (in some situations), risk-free trades, etc. To receive special privileges, Binomists also join the Prestige Club.
VIP clients receive payouts faster. How to withdraw money from Binomo? As per security policy, withdrawal is possible using one of the payment methods used to deposit. If account verification has been requested, withdrawals will be limited until it’s completed. However, the process only takes a few minutes (vs. IQ Option).
Note! The minimum withdrawal limit is only $10. You can find out about the maximum ones in the Client Agreement.
Binomists are not ready to suspend the expansion of their empowerment, so they use the platform anywhere, any time. You can also trade using a mobile device after downloading the Binomo app from Google Play or the App Store.
If you are experiencing trouble installing the yellow logo app for Android, don't hack. To invest and trade on the go, download the free APK version from https://www.binomo.com/en/.
Users need to know that there is no software for PC (Windows or Mac); to access the platform from a computer, log in to the Binomo web page using your desktop.
We hope the answer to what is Binomo and how does it work is evident. However, remember that trading is risky. Get a free education using a demo account. If you are still not ready to trade, join the affiliate program and partner with Binomo.
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