Binomo Review (2024)
Join the premier trading platform with Binomo.
With Binomo, you’ll acquire the essential skills to not only turn a profit but also find enjoyment in trading.
User rating of Binomo in 2024
Briefly about platform
Experience cutting-edge options trading on Binomo’s modern platform, complete with top-notch brokerage services, support, and additional offerings like training and analytics. Our clients have access to a vast library of trading resources and are always informed of the latest financial market news. Binomo employs powerful market analysis technologies, empowering traders to make objective assessments and informed decisions.
Binomo, a regulated brand by the Financial Commission, an independent organization that resolves financial disputes, has earned an “A” rating for its outstanding quality and reliability. Trading with Binomo offers a broad range of opportunities supported by exceptional service and expert support.
Yes or No?
Advantages & disadvantages of the broker
If you're wondering how to start trading on Binomo, the good news is that registration is now available. Simply visit the official website of the platform, open an account, and start trading. Here's what you can expect with Binomo:
Advantages: ✅
- Functional and convenient mobile application. Binomo app can be downloaded for free from Appstore or Google Play.
- Market analytics from the best financial publications. Binomo collects only reliable and relevant information about financial markets.
- Demo account and training materials. If you are a beginner in trading, you can practice on a demo account and strengthen your knowledge with materials from the platform.
Disadvantages: ❌
- High down payment compared to competitors. - Small selection of options for partnership cooperation.
Let's move on to the reviews
Testimonials
Fedir
Trading is a rather unpredictable and demanding thing. You can't rely on luck alone. Therefore, the question of whether it is possible to make money on binono was relevant for me. I opened a binomo demo account and decided to check it myself. I want to say that the reviews and descriptions justified themselves: binomo id is an affordable and attractive platform on which it is convenient and easy to trade. I want to highlight timely market analytics and current news available at any time. You spend less time searching for information and more on trading itself.
Binomo is a user-centric platform designed to eliminate any confusion around the question of "how to make money on Binomo Official". You can implement your trading strategies with ease and precision, leading to substantial profits. The mobile application is reliable and provides you with the ability to manage your trades conveniently and flexibly, wherever you are. This unlocks a vast array of possibilities and allows you to trade on your own terms. Additionally, our top-notch training materials enable you to acquire the fundamentals and enhance your knowledge in any field.
Debril
Nate_axcen
That's right, binomo, we meet you halfway. Unlike other brokers I've traded with in the past, Binomo removes obstacles and makes trading smoother and more efficient. Moreover, I've never encountered a situation where my finances arrived late or in an incomplete state. Binomo ensures that all financial transactions occur securely and seamlessly
Written by trading expert
Expert evaluation of Binomo
Binomo is an internationally recognized platform that prioritizes its customers’ needs and offers all the necessary conditions for successful trading. Binomo’s registration process is swift and straightforward, enabling you to open an account and begin trading quickly. The platform offers various account types, including Demo, Standard, Gold, and VIP, each with more features and bonuses tailored to traders’ needs. Reviews of the platform highlight how easy and convenient it is for novice traders to start their trading career with Binomo. For experienced traders, the Gold and VIP accounts offer significant advantages and expanded trading opportunities.
As a trusted member of the ITF, Binomo consistently fulfills its obligations to the association, providing a solid foundation for attracting new users. Binomo signals its commitment to development and growth, promising to introduce even more opportunities for its customers, including investment and affiliate programs. While Binomo already delivers flawlessly on its current program offerings, there is always more to accomplish. By joining Binomo, you’re choosing the future leader of the financial market.
Trading conditions for the Binomo trading
Binomo is a platform that aims to ensure that its clients can trade with pride, proclaiming “I trade on this platform.” From trading instruments and financial conditions to support services on the Binomo site, the platform makes trading accessible and profitable for every client.
Regardless of your location, Binomo.com delivers the same high-quality services as the company’s main branch, ensuring consistent service standards worldwide. Binomo login also takes into account regional trading peculiarities and provides comfortable trading conditions, including access to global trading markets, speedy order execution, and multilingual support in English and other languages for any query or concern.
Binomo’s accessibility and openness to new traders are among its most attractive features, thanks in part to its flexible account system. This system allows clients to pay for the platform’s services according to their needs and preferences, making it easy and affordable for traders of all levels.
Beginner traders can begin their trading journey with a free demo account on Binomo, accompanied by a wealth of training materials and even live seminars. This ensures that theory is not left without practice, allowing novice traders to test different strategies without risking real money. Switching to a real account costs only $10.
The Standard account type provides access to higher leverage and a personal manager for added trading opportunities. The premium VIP account is designed for traders looking to take their trading to the next level.
Trading strategies:
Binomo allows you to implement any existing and proven trading strategies, as well as create your own strategies from scratch.
For beginners who want to learn about trading strategies, the platform offers the following options:
- Destruction Strategy
- Step Strategy
- Impulse + RSI Strategy
- ATR + FIBO Trading Strategy
- Stochastic X2 Strategy
- Bollinger Zigzag
- Strategy Minute Reversal Strategy
How to trade on binomo?
Trading on Binomo is straightforward, accessible, and intuitive. To begin, you need to register on the website. Binomo registration is quick and easy – simply provide your email address and contact details. After registration, you’ll gain access to the Binomo website and the option to choose from different account types.
All traders have access to a free demo account, which serves as an ideal platform for Binomo training and getting familiar with the system site. You can conduct transactions and learn the principles of the site and trading with ease. However, the demo account has certain limitations, such as access to only 18 available assets. Nonetheless, this number should be sufficient for novice traders to grasp trading concepts and determine which strategies work best for them.
To switch to a real Standard account, a trader needs to make a minimum deposit of $10. With this account, traders can operate with 39 types of assets and enjoy a profitability rate of around 85%. The Standard account is an ideal choice for novice traders who want to gain real trading experience and understand how trading works with real money.
Upgrading to the Gold account requires a minimum investment of $15,000, providing access to 42 available assets and a profitability rate of 86%. However, the key feature of the Gold account is the personal manager, who can offer guidance, advice, and even conduct transactions on behalf of the trader. The Gold account unlocks the full potential of Binomo and is ideal for traders seeking personalized support.
Finally the VIP account for $30000. It provides access to 49 available assets, a personal manager, and an investment capital insurance. This is the most attractive offer with a profitability rate of over 90%. Trading takes place using a personal terminal, which is available in both desktop and mobile versions.
Binomo trading tools, indicators and strategies
Binomo offers its users a detailed answer to the question “how to win on Binomo?”
through a wide range of trading tools and indicators.
Trading indicators:
All Binomo users have access to a variety of trading indicators, including the Moving Average, MACD, Bollinger Bands, Alligator, RSI, and Fractal Chaos Bands. These indicators are widely recognized and trusted within the trading community for their effectiveness in analyzing market trends and making informed trading decisions. However, Binomo goes the extra mile by providing access to several other indicators, including ADX, ATR, CCI, Stochastic, Momentum, Parabolic SAR, Awesome Oscillator, and Ichimoku Kinko Hyo. These additional indicators offer a deeper level of analysis and allow traders to fine-tune their strategies to suit their unique preferences and trading styles.
What sets Binomo apart is that users can also experiment and familiarize themselves with these indicators in the demo account. This feature enables traders, both new and experienced, to practice using the indicators without risking real funds. It’s a valuable opportunity to refine trading skills and gain confidence in utilizing these powerful tools. Whether you’re a beginner exploring the world of trading or an experienced trader seeking to optimize your performance, Binomo’s diverse range of indicators empowers you to take control of your trades and potentially maximize your profits. Start harnessing the power of these trading indicators on Binomo today and unlock your full trading potential.
Types of trading indicators:
- The Binomo platform features powerful tools for creating interactive charts, which can be incredibly helpful in preventing losses. If you want to learn how to avoid losing on Binomo, take advantage of these tools. Binomo also enables traders to execute trades directly from the chart, making it an even more valuable tool in a trader’s arsenal.
Overall, there are four main types of charts available on the Binomo platform: - Mountain
- Line
- Candle
- Bar
To learn more about charting tools, you can visit the training section of the Binomo website, where you’ll find a wide range of tools and features, including:
- Segment
- Continuous
- Line
- Beam
- Horizontal
- Vertical
- Trend line
- Rectangle
- Ellipse
- Fibonacci
- Channel
- Pitchfork
- Hartley
- Shape
F.A.Q.
In the preceding text, we have provided an overview of the Binomo platform, including details on how to trade on the platform and the safety measures in place. Moving forward, let's take a look at the bonus system and resources available for learning how to use the platform, as well as answers to other frequently asked questions about the platform.
Binomo trading is accessible and popular in various Asian countries. Specifically, traders from India, Indonesia, Malaysia, Vietnam, Thailand, Singapore, Philippines, South Korea, Japan, China, Sri Lanka, Bangladesh, Nepal, Myanmar, Laos, Cambodia, and Brunei have been known to utilize Binomo’s platform. Always ensure you comply with local financial regulations and regularly check Binomo’s official terms for any updates regarding country accessibility.
Beyond direct trading, Binomo offers its users several bonuses that can enhance their trading experience and potentially increase their profits. One of these bonuses is the no deposit bonus, which is available for Standard, Gold, and VIP account holders. This bonus may be part of promotions or offered by a manager, and can be activated within three days of receipt. To withdraw bonuses, traders must first reach the required trading turnover. It’s important to note that only one bonus can be used at a time.
Binomo also provides coupons and bonus codes to clients as a way to spread the word about trading on the platform. These coupons can be obtained from investment forums and online trading websites, and can be redeemed for various bonuses. Another type of bonus is the deposit bonus, which is granted each time a trader funds their account.
The bonus amount varies depending on the type of account, with Standard account members eligible for up to 100% deposit bonus, Gold account holders eligible for up to 150%, and VIP account holders eligible for up to 200%.
Cashback bonuses are also available exclusively for Gold and VIP account holders. Binomo reimburses a portion of any losses incurred during the week without any profits.
Gold members can receive up to 5% cashback, while VIP members can receive up to 10%. The cashback amount is calculated based on the total weekly deposit amount, minus any withdrawals and the amount remaining in the account at the end of the week.
Binomo’s bonuses can be a valuable tool for traders looking to maximize their profits and improve their trading experience. With a range of bonuses available, there are options for traders at every level of experience and investment.
However, it’s important to read the terms and conditions for each bonus carefully to ensure that you understand the requirements and limitations.”
Like many other traders, Binomo provides access to educational materials. You can find a description of Binomo how to trade on the site itself. There you will be given the technical details of the process: how to create and close orders, deposit and withdraw money.
The site also has a glossary of trading terms as part of the Binomo training. Mastering these terms is an important step in a trader’s career. If you are just starting out in trading, you should pay attention to learning these terms.
The “Training” section is regularly updated with new articles and news. You can follow the latest trends, learn about effective tips from experienced traders, and develop your own trading techniques. Creating a personal trading strategy is one of the key elements of success for any trader.
Binomo strategy and binomo trading tactics are based on a competent combination of indicators, market analysis, and own knowledge. Platform consultants and personal account manager will explain to you how the platform works, what tools are available to you and how to use them most effectively. With this title and theoretical base, you will be able to realize any trading ambition and develop your own path to success.
Binomo also has a blog section. These are more personalized articles from other traders and market participants. With their help you can follow the news of the world of finance and discover unexpected, successful solutions regarding trading strategies and methods of their implementation.
Binomo provides access to more than thirty trading assets, ranging from forex trading to commodities and cryptocurrencies. Each of these assets represents an almost limitless field of trading opportunities. In order to master trading these assets, you need to use all the available resources provided by the Binomo platform. Also, the study of trading is impossible without practical training. Active application of theoretical knowledge provided by Binomo is an integral part of the process.
We recommend that beginners try trading different assets at different times on a demo account in order to choose the most comfortable trading instrument. After you decide to open a real account, you should focus on 1-2 assets in order to achieve the most attractive result.
The natural question for the platform’s clients will be “is binomo safe?” Binomo is a safe platform and this statement is justified. Binomo is a member of the international Financial Commission. This organization ensures that brokerage platforms adhere to high standards of commercial honor and business practices. Binomo has an “A” rating with this organization, which means a high level of trust in the broker, and the provision of quality services. Also, Binomo has a certificate of the Center for Regulation of Relations in Financial Markets (CRFM), which certifies that the company has been thoroughly checked by the specialists of the center, and received their approval.
Pros:
- Separate deposits. The clients’ money is kept in separate accounts from the company’s funds and cannot be used by the broker.
- Disputable issues are resolved by an independent expert.
- Compensation of funds if the broker cannot provide services due to certain circumstances.
Cons:
- Consideration of each individual application may take up to 45 days.
Traders have several options to fund their account. The first one is to fund your account using a bank card. Binomo supports cards such as Visa, MasterCard and Neteller. You can also fund your account using cryptocurrencies such as Bitcoin and Litecoin. Whichever method you choose, the transaction happens instantly. You can fund your binomo account as it is convenient for you.
In order to fund your account, you need to log in to your personal account on the binomo.com website, or in the menu of the trading terminal from any device. Find the “Deposit” button, click on it and specify the amount to be deposited. It is worth noting that you can get a deposit bonus, depending on your account. You can get bonuses from 80% to 200% of the deposit.
For example, if you deposit $1000 and have an 80% deposit bonus, you will receive $1600 to your account. There is no limit on the deposit amount. The deposit bonus is one of Binomo’s bonus programs. Be careful when using this bonus, only one bonus can be used at a time.
Binomo also offers several methods for withdrawing funds, which may include:
- Bank cards (Visa, Mastercard)
- Electronic wallets (Neteller, Skrill, WebMoney, Yandex.Money, Qiwi)
- Cryptocurrencies (Bitcoin, Litecoin, Ripple, etc.)
Withdrawal options may vary by region, and it’s important to note that some payment methods may not be available for withdrawals. It’s also worth noting that Binomo may require traders to use the same payment method for withdrawals as they used for deposits.
Withdrawal processing times may also vary depending on the payment method used, with some methods taking longer than others. Binomo aims to process withdrawal requests within 24 hours, but processing times may take longer depending on the payment method and the trader’s account verification status.
Before making a withdrawal, traders should review the terms and conditions related to withdrawal fees, minimum withdrawal amounts, and any other relevant policies.
Binomo support service works around the clock, 7 days a week. You can contact them with any questions regarding the operation of the platform, account types, and any financial transactions related to the operation of the service.
You can contact the Binomo support service via e-mail, by calling the contact number, through online chat, or personal account.
Pros:
- Works 24\7
- Supports many languages
- Detailed section with the most frequently asked questions.
- You can ask a question even without being a client
Cons:
- Not many options for communication.
- Sometimes you have to wait for an answer.
Contacts:
Registration address – Dolphin Corp LLC First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St.Vincent and the Grenadines
Regulator – The Financial Commission
Website – https://binomo.com/
Email: support@binomo.com
Phone number: +18499366003
Binomo cabinet is your main way to interact with the platform. Once you have registered on the site, you can log in to your personal Binomo account.
It is quite easy to start working with the cabinet:
1) Binomo login is available to you from the main page of the site. You just need to click “Login” and you will enter your Binomo personal account.
2) To log in and perform Binomo login, you need to enter the email address and password you used during registration.
3) If you have not created an account yet, then after clicking the “Login” button, you need to select the “Registration” item.
After that, fill in the required form and choose the currency for your account.
4) In order to register on Binomo, you can use social media data such as Facebook and Google.
After you have logged in to your personal cabinet, you can deposit funds, download or open a trading terminal and start trading.
In your personal account you have access to the following sections:
- Trading. Access to the trading terminal, where you can process orders, monitor indicators, and conduct any trading operations.
- Cashier. In this section you can monitor your account balance, replenish it and withdraw funds.
- Help. In this section you can learn more about the broker and the services it provides. You can also learn more about training, instructions on how to use the platform, as well as information about tournaments organized by the broker.
Also pay attention to the “User Menu.” Here you can follow the history of questions to your personal manager, change your password, and link your account to social networks. It is worth noting that you must allow the system to use personal data in order to connect your account with social networks.
The following items are available in the side menu:
- Tournaments – a list of currently available tournaments that you can join.
- Promotions – current promotions from Binomo.
- Notifications – important messages from the broker.
- Bonuses/Gifts – information about available bonuses.
Warning about risks ⚠️
Financial transactions described on this site may have increased risk. By purchasing financial services and instruments described on this website, you can gain large financial resources or completely lose the funds in your account. Please evaluate all financial risks and consult an independent advisor before trading.