Binomo is a high-end trading platform established in 2014 offering a wide range of financial assets to traders. It offers more than 55 assets to trade such as currency pairs, stocks, indices etc.
The Binomo is owned by Dolphin Corp Company registered under the laws of Saint Vincent and the Grenadines. Speaking more about Binomo, it is a reliable trading platform as it is popular in over 130 countries, including India. As well more than 800k traders daily active online on the platform.
Binomo – what is it and how it works?
What is binomo.com? It is a website considered as one of the best in the marn. This guarantees the protection of an impartial and independent dispute resolution organization for the customers.
The main advantage of trading with Binomo India is that the platform has several professional tools to help analyze the market and make better trading decisions. Apart from this, the trading platform has various attractive features like low Binomo trade requirements, highly efficient client support staff on Hindi, professional level tutorials to help both experienced and new traders use the platform efficiently and get extra income.
Now let us see how Binomo works. To use a trading platform, you need to visit the official website https://binomo.com/ or download the Binomo app and register yourself to get engaged in doing the real trades and get additional income.
Start with a demo account to understand the working of the platform.
Sign in and Login
If you are new to the Binomo platform, you need to create your account:
- Visit the official website and Binomo sign-in. On the upper right-hand corner, click on the “Sign in” button.
- A form will pop up, enter your email address, password, and choose the currency to deposit and withdraw funds. As this is Binomo review India, you should select the ₹ symbol currency.
- Tick the box for I accept the terms of the Client Agreement, then click on “Create Account” button.
- You will receive a confirmation mail at the email address you entered. Your account is created and you can start trading.
However, before that, you need to log-in. For this, on the upper right corner of the website click on “Sign-in”. A form will pop up, where you need to click on the “Login” button located after the “Sign-up” button. Enter your registered email and password and click on “Login”.
You can also log into your Binomo account using your Facebook or Google account.
Binomo offers trading through four different account types.
Demo – It is a free account that you can use by just logging in onto the platform. You get virtual $1000 in this and can be used to practice a trading strategy. This account gives you an idea of how the Binomo India platform works.
Standard – This account type requires you to deposit $5 for Indian traders. It gives you access to the most 40+ assets, up to 100% deposit bonu and experience the real potentials of the Binomo trading platform.
Gold – You need a cumulative deposit of $500 to start using this account and get access to 50+ assets, personal manager, insurens, faster withdrawals within 24 hours and up to 150% deposit bonus.
VIP – For traders that require exclusivity and want insurance on their capital, Binomo offers VIP account. You need a cumulative deposit of $1000 and get access to all privileges: 55+ assets, personal manager, risk-free trades, withdrawal of funds within 4 hours and up to 200% deposit bonus.
The final withdrawal time depends on your payment system. In some cases, the withdrawal of funds can be carried out up to 3 days.
Invest and Withdrawal
The minimum investment amount on the Binomo platform varies with account type as mentioned above. You can deposit funds through:
- bank cards;
- internet banking;
After achieving the financial result you planned and want to withdraw the funds, visit the Cashier section, click on withdraw funds. There is no withdrawal fee charged. The entire withdrawal process depends on the account status that you hold and payment system.
How to use Binomo for extra income?
Binomo offers a world of investment opportunities and trade allowing you to get extra income. Accessing Binomo in India is easy as it offers services in English and Hindi. The platform offers great resources to help you learn the grits of online trading and how the platform works.
It takes time to perfect the art of online trading and without proper knowledge, one can lose all or part deposit. That is why Binomo offers tutorials, training, and free online education.
Binomo offers mentored and self-directed learning.
Self-directed learning is done through using Demo Account and using Strategies offered by the platform. Also, there are videos with detailed guidelines. You can also visit the Help Center section to learn about the platform features.
Mentored learning is available for Gold and VIP users where you get a personal manager to help with trading.
To make online trading convenient the company lets you trade from anywhere by offering a Binomo App. The app is available free for both iOS and Android users. Android users can also use Binomo Apk, a way to download the file using the link https://binomo.com/in/promo/android.
The app offers push notifications to keep you updated with all the recent happenings, promotional offers, and more.
Many traders leave reviews about Binomo, especially on YouTube.
Jaison Jose: “Binomo is paying. I withdraw funds through net banking. It may take one day at a time. But they will directly deposit the funds in your account”.
Badal Chaudhari: “Best way to make additional income online”.
Anon: “This is my best trading platform”.
Binomo is a scam?
You might have read various bad reviews and heard scam news about Binomo. But most of them are fake. When you visit the official website, you will find that the Binomo offers transparency and protection to traders while they get extra income. Binomo has successfully passed Verify My Trade (VMT) audit and has received a certification for the quality of trades. It is also well-regulated and is awarded a Category A by International Financial Commission (IFC), in 2018 after a comprehensive audit.
So, with all this information and the reviews above, Binomo scam news is not real. This also answers the question: “Is Binomo legal in India and is it safe”.
If you are looking for a reliable and certified online trading platform, then Binomo is the perfect option as it has all the features. It offers 24×7 hours support to both beginners and experienced traders. Furthermore, they have an easy to use Binomo demo account where you can enhance your trading strategy.
But, there is always a risk of losing part or all the invested capital with online trading platforms. So, it is advised that you first get acquainted with using the Binomo platform, know about the risks associated, and then invest and trade.