Are you thinking about starting a trade but do not know where and how to begin? You should try Binomo. Read on to know what this platform really is and all about why it’s not a scam and you can trust it.
What’s the Binomo website and app?
Binomo is a trustworthy international company that allows clients to participate in trading using over 70 assets. Its yellow logo is known in over 130 countries including India. The online platform gathers around itself both beginners and experienced traders, who form the community of several million Binomists.
Binomists are traders who are not afraid to achieve their goals and use every opportunity for growth and learning. They try out a variety of strategies but end up developing the one that suits them best.
Binomists from India enjoy the platform since account verification only takes minutes, and they do not need to wait for long to begin to trade. Binomo also offers a BinPartner affiliate program that allows its participants to get additional income by attracting new traders. Besides, the Binomists community is mobile and appreciates the ability to trade wherever and anytime using the Binomo trading app.
If you have any concerns about “What is Binomo and how does it work?”, don’t hesitate to visit the Help Center (it can be called FAQ or analogous to Wikipedia), and get answers to all your queries. In case of any issues, you can contact Support via live chat or email address support@binomo.com. The chatbot is available in both a net version and a mobile app.
How to download the Binomo app?
If you have a PC or laptop, you can log into the Binomo website using any browser on your desktop. And if you want to trade anytime and anywhere, you just need to download the app for free on your mobile or tablet.
Find the Binomo app in Google Play or in the App Store. You don’t need to hack if you have difficulty trying to download it. Just install the APK for Android from the official site.
Note! The Binomo app is only downloadable on tablets, and smartphones. You cannot access it via a PC as there is no software for Windows or Mac.
Reasons for the reliability of Binomo
The company was founded in 2014 and works by the laws of Saint Vincent and the Grenadines, where its head office is located. The platform is also regulated by The International Financial Commission since 2018 and has a сertificate from the Verify My Trade confirming the quality of trades. VMT audits Binomo on a monthly voluntary basis. Besides, the platform received several awards including, the FE in 2015 and IAIR awards in 2016. You can read all about regulations on the Binomo website.
If you want to make money or play on Binomo, you may fail. It is not a game but a place to earn extra income. If you want to know, does Binomo really work, and is it safe or a scam, you can find real opinions about the company on the net. After reading reviews on forums such as Quora, you can be sure it’s not fraud or fake.
How to start trading on Binomo?
Are you new and wish to join the Binomists? Find out below how to complete registration, log in via PC or phone, as well as pass verification and learn to trade for free.
Register and login
You can sign up on Binomo using your email:
- Tap “Sign in” on the upper-right side of the Binomo website.
- Provide a valid email address and strong password.
- Select your preferred currency. Do it carefully since you will not be able to change the currency in the future unless you close your current account, then open a new one.
- Read the Client Agreement and Privacy Policy carefully and agree to their terms.
- Click the “Сreate account” option.
- Open a confirmation message in your email. Confirm your address and you can log in with your credentials.
To sign up using Facebook/Google account, just click on the corresponding icon and authorize.
Note! The process of registration and logging into the app is almost the same as on the Binomo homepage.
Learn and practice for free
No matter how confident Binomists are in their skills, they use a demo account. You also don’t need to rush to make an investment in Binomo. First get proof of whether it is real or not.
Once you register, you get a free account. It holds $1,000 virtual, and you can use them to perfect your skills and contest in a tournament “Daily Free” before you start expanding your financial empowerment by switching to a real account.
No trading strategy presented on Binomo can guarantee you 100% successful results. Therefore, before making your first deposit, it’s always recommended to master all educational tutorials and complete training on the free demo account.
Invest and trade with FTT
Do you want to know if Binomo is legal in India? Yes, the platform is legit, and it’s available in 13 languages, including English and Hindi.
You can invest from only $5 (or the equivalent in your local currency), and begin to trade on the Binomo website or mobile app/APK. The deposit options available for Indians include UPI, PayTM, PhonePee, Netbanking, and Globepay, apart from PayPal.
Take advantage of Binomo bonus codes or coupons and get up to 100% on deposit. You also have access to a 25% free welcome gift or no-deposit bonuses. VIP account holders can count on maximum privileges. To learn more about the terms and conditions of using coupons and other bonuses, go to the Binomo Client Agreement.
The trading mechanic that Binomo provides is referred to as Fixed Time Trade or FTT. It allows users to choose an asset to trade with, the amount of investment and time, then make a forecast of whether the price will move UP or DOWN. If the forecast is correct, you will get a profit.
Binomo is not a game, and generally not about winning. Since the platform doesn’t provide tips and signals, additional income always depends on your experience.
Withdraw funds safely
After you have learned how to use the platform and have got your first profit, you can withdraw that money from Binomo. Its policy allows the minimum withdrawal limit of $10. For security reasons, the broker allows you to derive cash using only methods you used while making a deposit.
IQ option charges a $31 withdrawal fee using wire transfer vs. Binomo which does not charge any withdrawal fee.
To avoid fraud, the company may ask you to complete an account and payment method verification. You do not need to wait for days for the process to complete thanks to the automatic verification on Binomo (vs. IQ option).
Note! Money withdrawal can take from a few minutes to 3 days or more, but the final period depends on your payment method.
Join the Binomists’ community
Binomo is a platform you can trust to get some extra income anytime, anywhere in the world. However, remember to invest mindfully: you may lose all the capital or its part if you don’t practice enough. So don’t neglect the demo account and tutorials. Join millions of Binomists using the tips above.