What is Binomo? How To Do Trading at Binomo India Trading Platform?

What is Binomo? How To Do Trading at Binomo India Trading Platform?

Binomo is an online trading company that makes available outstanding opportunities in the financial market. It offers excellent services at a similar standard with European and American brokers. The company provides a world-class trading platform that delivers one of the best quality trading services.  It also has analytical information on trading charts and data with client support and educational tutorials.

Binomo India Trading Platform Review –

The company consistently assures its clients of an excellent mutual trust level and a reliable platform for smooth online trading. The Dolphin Corp company created Binomo,  the company has the registration number of 25151 IBC 2018, under the laws of Saint Vincent and the Grenadines.

Its headquarters is located on the First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines. Every service provided by Binomo is made available through the Binomo mobile app and the Binomo website (binomo.com).

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What is Binomo?

Binomo trading is high-end financial trading with a vast range of financial assets. The company provides access for both the experienced and the novice trader, and an informational section of high-quality tutorials.

Is Binomo Safe?

Binomo is a safe online trading platform. The company is not involved in any fake activities. There are lots of traders making additional income for themselves on the platform. You should also note that your payment details are safe on the company site and mobile app. The employees can only view the card transaction data partially.

The data for the payment system is usually displayed and processed in an encrypted format. You need to get through the verification process for authenticating every information that you provide is real.

Is Binomo legal in india? Is Binomo safe? Yes, Binomo — your honest trading partner in India. You can trade freely.

Sign in and Log in –

You need to register for you to sign in on the platform. It is quite slim and straightforward. Go to the website’s home page, just at the upper right corner; you will find a “Log in” button. Click the button there, and a Sign-up tab will be displayed.

Submit your email address and then input a strong password for your account registration. The next step is to pick your preferred currency for your funds’ deposit and withdrawal. Read through the Client Agreement and Privacy Policy before the final submission. Follow the verification email that you receive to confirm your email address, and that completes your account registration. You can begin trading on the Binomo platform now.

Account Types –

There are various types of Binomo accounts you can choose to trade on. It depends on what and how you want to trade; they are Demo, Standard, Gold, and VIP accounts.

1. Free (Demo) Account –

You receive a virtual $1000 for demo trading on this free trading account, and you get another $1000 when it is exhausted. Being a demo account, you get the opportunity to make trades using a real chart and actively learn about how the platform works while trading. This account is primarily for you to practice all you’ve been learning about trading. You get to your strategies and ideas into practice before real trading.

2. Standard Account –

A Standard account is a real trading account where you can make actual trading with your deposited funds. On this account, you receive additional assets that you can use for online trading. To get the Standard account activated, you must have a minimum deposit of $5. The account grants you access to +40 assets for active trading.

3. Gold Account –

The Gold account has better options than the Standard account. To activate a Gold account, you must have made a total amount of deposits that is up to 500$. You also have access to +50 assets that you can use for your trading.

4. VIP Account –

This account offers the best on the Binomo trading platform. It is higher than the Gold account and provides better options. To activate a VIP account, you should have made up to a total amount of deposits of at least 1000$. With this account, you are granted access to +60 assets for actual trading.

How to use Binomo? 

Firstly, it is necessary to understand how to use the platform for proper trading. You can start by learning with demo trading then moving to trade with a real account. It is essential that you confirm the account type before you start trading. You can choose the real account type at the upper right corner,  above the chart.

Choose the asset you prefer, either EUR/USD. After which you can now set the time and amount for your trade. It is advisable to first carry out a proper analysis of the chart’s price movement before making any forecast. Use this analysis to decide what forecast you want to make. If you think that the asset price will go higher from your analysis, click on the green button, but if you believe it will decrease, click on the red one.

Wait till the trade has been completed and then check to see if your forecast was accurate and the transaction is done successfully. The profit you make will be paid instantly into your registered account. You might not be entirely comfortable trading at first, but you start getting a lot better in time. Begin by exploring the Binomo platform with all its trading interface and become very familiar with it.

Tutorial –

Learning is crucial. Hence, Binomo ensures that it provides free quality resources and tutorials to help traders learn and master their trading skills. Take advantage of the relevant information provided on the Binomo platform, which includes the tutorials. It is vital to learn well so that you can trade like an expert. There’s free access to all the educational resources on the Binomo platform and analytical data to improve your forecasting.

What is a Binomo app?

Binomo has a mobile app that you can access either on Android or iOS devices for online trading. The website is also convenient to trade on and user-friendly.

You can easily download the app from the respective play store then install and use them for adequate training and trading. The mobile app is convenient to trade on and user-friendly.

Conclusion –

Binomo offers a great opportunity to earn an additional income online. Within a few minutes, you can earn up to 90% profit when you make an accurate forecast. On this online trading platform, you can benefit from the slightest price fluctuations.

These things come with their risks as well, and you should be well-informed about that. If your forecast is not correct, you can lose much of your funds at once too. So take note of the possible risks when trading.

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