Review of Binomo – what is it and how does it works

There are many opportunities to be explored online, but the question is whether they are safe and legal. Binomo has proven with years of excellent services that they stand out, among others

Here’s a review of Binomo in the UAE to know more about what the company has to offer. You can enjoy great opportunities being provided through its well-structured online trading platform

Binomo was created by the Dolphin Corp Company and has since then been outstanding at serving it’s clients consistently. The services are easily accessible primarily through the company website https://binomo.com/ and the app, which you can download on your mobile device

?What is Binomo

Binomo is a client-oriented company to being one of the most reliable online trading platforms. It has accrued thousands of clients worldwide, even in the UAE, where it is really thriving. Binomo is a legal and safe platform to trade on in the UAE. However, you need to learn how to register and begin trading on the platform

?Is Binomo a scam

This is one question that is so common about Binomo. People want to be sure if it is real or a scam. With the long years of consistently delivering great trading services, Binomo UAE has proven to be real and not a scam. It is also being regulated by the Financial Commission

Sign in and Login

Before you can begin your trading on Binomo, it is necessary for you to sign up first. When you go to the website https://binomo.com/, you will find a Login button at the top right corner of the page. Click on the link, the Signup page will be displayed

:Submit all relevant details required for the registration

– Fill in the email address, strong password, and your preferred currency for both deposit and withdrawal of your funds –
– Make sure you have read and accepted the terms of the Client Agreement and Privacy Policy –
– After you’ve filled in all the details, there’s a button with “Create an account” click on that –

Having done that, you should get a confirmation email. Follow the link to verify your account. Once you have validated your account, you can begin your online trading

Verification

Binomo is most concerned about traders account funds and account security. Hence, you need to confirm you as the account holder and prove that you as the payer and the payee. It is necessary and crucial to get it done

You are required to send the company support the document that proofs your identity (passport or ID card) and photos of bank cards or screenshots from electronic wallets you made deposit from. Use your email address for the Binomo account to send the documents to support@binomo.com

Account types

There are different types of Binomo accounts that you can use for your online trading. The free account, which is also known as the Demo account, is good for training purposes. Other account types include Standard, Gold, and VIP accounts. They are used for real trading and differ in the number of available assets, bonuses, withdrawal periods, and more

Minimum deposit

The minimum deposit being offered on Binomo is $10 or its equivalent UAE currency, depending on your preferred currency for deposit and withdrawal. However, that is the least you are allowed to deposit for your trading account

Binomo bonuses

There are bonuses that the company credits to your account to help you maximize your trading potential. However, many of these bonuses are granted based on promotional programs created by Binomo for improved trading

For example, when replenishing a deposit on a Standard account, up to 100% bonuses are additionally credited

Withdrawal methods

You can only withdraw to the account that you use for deposit. Withdrawal can be made to your verified bank card or e-wallet. The minimum withdrawal on the platform is $10 or its equivalent in UAE. However, you can check the minimum allowed for your country, and you can also contact the customer support service support@binomo.com for other information

Withdrawal requests are processed within 24 hours. The maximum time period is 3 business days following the day the request was submitted

Binomo trade App

There’s a mobile trading app for Binomo that you can easily download on your iOs or Android phones. Navigate to your mobile app store and search for the Binomo app; simply download and install on your device. It is super convenient for trading and user-friendly

To download the Binomo apk, you can browse this link: https://binomo.com/en/promo/android. But this app is only available for Android

Benefits

You stand to enjoy loads of benefits provided on the Binomo platform when you sign up and start trading. There are many educational materials, tutorials, customer support, and analytical data you can use to your advantage. Once you start trading, you can begin earning extra income

Tutorial

It is imperative that you acquire adequate knowledge before you begin trading. The good news is that Binomo has informational resources and tutorials available on the platform to help you a lot, including a demo account for training. You also have free access to these resources. Take full advantage of the demo account to sharpen your skills for analysis and forecasting

Customer support

There is customer support always ready to.attend to any issues you.might have with your account. You need to contact them via email at support@binomo.com. Any challenges you might have will be resolved

Regulation and licensing

The Financial Commission regulates Binomo and holds the company as a category ” A” member since 2018. Should you have any complaints whatsoever, Binomo support is ever available to help

Also, Binomo was audited by Verify My Trade, a specialized service that certifies the quality of trade execution. After the whole auditing, Binomo was awarded a certificate of quality of trades. This shows that Binomo holds delivering high-quality service consistently as foremost

Final thoughts on Binomo

Explore the opportunity Binomo provides to earn additional income. You can make up to 90% profit if you give a correct forecast when trading

There are price fluctuations that occur with different currencies in the trading platform, and that’s what you trade with to earn extra income. Before you start trading, you should understand that there are risks involved with online trading. When you give a wrong forecast, you might lose most of your funds all at once. It’s necessary that you bear this in mind

FAQs

?How can I change my currency in Binomo

After your account registration, you can no longer change your account currency. It is possible to create a new account using another currency after first blocking the existing one. You need a new email address to register for a new account.

?Which currency can be used for trading

During the signup process on the website, you will be able to select the currency for your trading account. At the moment, we offer a choice between EUR and USD and several local currencies.

?How can I fund my account

To credit an account:

;Go to the “Cashier” section (https://binomo.com/cashier) –
;Select a payment method –
;Enter the amount to credit –
;Click “Credit” –
.Follow the instructions of the payment system –

To fund your trading account, you can use a bank card or e-wallets

?How to withdraw profits

Withdrawals can be made using the bank card or e-wallets used to credit the account

You can request a withdrawal in the “Cashier” section

?How can I delete an account

You can block your account yourself on the page with your personal information

At the bottom of the page, check the “Block account,” enter the password from your personal account and specify the reason for blocking, then click on the “Block” button

After that, a message will appear stating that the account has been blocked

If you need to unblock your account, please contact support at support@binomo.com

Popular questions
?What is Binomo

Binomo is a trading platform on which you can earn on rises or falls in currency exchange rates, stock prices and indices, commodities, and other assets. We designed the platform and are constantly expanding its capabilities to make trading a pleasant and profitable experience, regardless of the user's level of training.
?How can I change my account currency​

After registering an account, it is not possible to change the account currency.

You can create a new account in another currency after first blocking the current one.To register a new account, you must use a new email address.
?How can I become a VIP

To receive VIP status, you need to confirm your mobile phone number in your personal information and make a deposit of a total amount of 1,000 dollars/euros or an equivalent in the account currency.
?How do I change my email address or phone number

In the event that your mailing address and phone number have not yet been verified, you can edit them in the Personal Information section.

After verification, it is no longer possible to edit this information. In the event your phone number needs to be changed, you can report your current number to the Client Support Service via any communication channel of your choice.

Registration of a new account to another email address is possible after first blocking the current account.
?What is verification for

Verification is required to confirm the identity of the payer, the account holder, and the payee. This ensures the security of your account and your funds.

The documents to be verified should be sent from your account email to our email, support@binomo.com.
The list of documents required for account verification depends on the account crediting methods you used on our website.
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