What is Binomo? Is Binomo a scam or legit online trading platform? In this Binomo review, we’ll tell you everything you need to know about this trading platform.
The Binomo platform began its work in 2014. Having entered the market as a newcomer with a standard trading terminal, the company has changed significantly in just a year. A unique platform was developed, many errors in the terminal were fixed, functionality was significantly expanded.
However, in 2015, this trading platform was recognized as the best investment platform for the novice. And a year later, at the IAIR Awards it has been awarded as the best trading platform of the year. And since then onward, it has dominated the online trading market.
Binomo works with clients all over the world also in India. With more investors (both new and experienced) investing there every day. You can also make a move today and earn from this platform.
Binomo platform available in Hindi.
The Binomo trading terms overview
The primary objective of the Binomo platform is to provide enabling trading conditions for new investors and traders. This is because these people are always afraid of taking a risk in investing in online trade.
Primarily because they’ve little knowledge about online trading. Or because they’ve heard much negative information regarding online trading.
But the main focus of the company Binomo is a provision of beneficial trading conditions for novice traders. With a deposit of 5$ or its equivalence in the Indian rupee, traders can make an investment. Investment in one transaction is from 1$.
Minimum threshold for a real deposit is only 10 dollars.
- Deposit — Binomo offers a minimum investment of 10 dollars or its equivalent in local currency.
- Payment System — platform also has a flexible transaction option. Traders can deposit using their bank cards or other deposit options.
- Payment Terms — up to 3 business days for standard accounts.
- Рercentage of profit on contracts — up to 90% (in case of correct forecast).
- Mobile trading — there are terminals for iOS and Android.
- Expiration dates (duration of contracts) — from 1 to 60 minutes.
Funds can be withdrawn only to those payment methods which traders use to make a deposit.
Types of contracts
Binomo.com offers few types of contracts that’re differentiated based on their duration or expiration period. But a platform specialises in high/low trading. Expiration dates (duration of contracts) — from 1 to 60 minutes.
The profitability of classic contracts is up to 90% (in case of correct forecast).
Percentage of profit on contracts
If traders make a perfect forecast, they can earn up to 90% profit of their investment. Expiration dates (duration of contracts) depend on the trader’s selected option. If the client of India chooses the turbo contract, this will run for a maximum of 5 minutes. While the standard contract («above/below») runs up to 60 minutes.
Binomo has an official APP that’s supported by iOS and Android. This APP is available on Google Play and Apple Store for download. Contrary to the APK, that’s the official application. The functionality of the platform is identical to the mobile terminal.
The official website of the trading platform — https://binomo.com/.
Additional advantages of using binomo.com
- Binomo platform provides the availability of professional analytics for users.
- It also offers favourable bonuses in the form of additional trading funds, position insurance and free deals. Plus there’s also a tournament with real prize pools of large volume.
- Again, on the Binomo platform, traders can trade at weekends.
- A newbie can start the practice by using the platform’s Demo option. And if it works in their favour they can invest with a real fund. This is an option that’s rarely available on other online trading platforms.
- In furtherance, Binomo users (Gold and VIP) also have the privilege of working with their personal managers. And the best of it is, if investors own a Gold or VIP accounts, he’s entitled to cashback.
Since 2015, Binomo has been using an internally developed terminal interface that’s simple and appealing to every beginner. While experienced traders instead use a scalable 4-mode graph, 14 indicators. Plus about 30 tools for graphical analysis.
Features of the terminal:
Features of the Binomo terminal:
- 60+ assets (depending on account status);
- multi-mode (no restriction on a number of transactions);
- large selection of indicators and tools;
- interface with several independent tabs;
- interface is made in dark contrasting colours.
Additionally, there are terminals for iPhone and Android.
The Binomo is one of the best platforms every novice and experienced trader who wishes to maximize their investment should visit. This company offers competitive benefits for their clients.
Additionally, they also always hold tournaments among their traders. Prize fund depends on a type of event and ranges from 300$ in free contests to 70,000$ and higher in paid ones. From 20 to 70 prize places give everyone a chance to earn additional income.
Reasons why clients of India should use the Binomo platform?
- Binomo platform is real and transparent for investment.
- Registration on the platform is also very fast.
- Clients can earn additional income on the platform if they make the right forecast.
- Again, Binomo has a demo account where beginners can test strategies before making a normal trade.
- The more investment traders make, the greater they can earn additional income.
Using the Binomo platform as an online trading centre is good for every trader (both newbie and expert). This is due to a lot of benefits the official website comes with. Including their exceptional comfortability and ease to operate.
They also offer prompt payment that varies and depends on the payment method. Again, investor’s funds are safe thanks to the commission’s compensation fund which covers up to 20,000€ per claim.