A detailed overview of the trading platform in Pakistan Description: Is Binomo a safe trading platform or not? A tutorial on how to log into the platform, get a bonus, and start trading? Training on a demo account, depositing and withdrawing funds? Downloading the app and other issues are described in the Binomo review.
One of the most popular trading platforms that have successfully established a reputable name in the trading sphere today is Binomo. Hence, here’s anything you need to know about this platform.
What is the Binomo mobile app?
Before you learn in this review what Binomo mobile app is, let’s figure out how this platform works as a whole.
It’s one of the most popular trading platforms across the globe which is available in many countries as well as in Pakistan. Binomo allows people to trade and get extra income on currency exchange rate changes and other assets.
It has a website www.binomo.com available in English and other languages, and there is also a mobile app on Google Play and AppStore. In this review, you’ll learn how to download it for free on Android and iOS devices.
Download the Binomo app
The app is user-friendly and convenient, it suits both beginners and experienced traders. You can go online to look for app reviews about the trading experiences of other users.
For iOS and Android
The app is available for download on App Store and Google Play to invest and trade wherever you are. However, for Android users, if for any reason that they encounter trouble downloading the Binomo app from Google Play, they can get the Apk version by clicking on this link: https://binomo.com/en/promo/android.
For PC
Since there’s no Binomo app or software to download for PCs on Windows/Mac, therefore use the mobile app or go to the website if you prefer trading at your computer.
Registration and Login
If you decide to sign up on the Binomo trading platform, you can go ahead and proceed with the account registration:
- Launch the mobile app or find binomo.com on the net and get to the login page.
- Write your email and password.
- Select the currency. Keep in mind that you can no longer modify it later.
- Read and accept the Client Agreement.
- Confirm the email address you’ve used to sign in.
If you already have an active account on Binomo, use your existing email and password to log in.
Tutorials
Once you successfully sign up for an account, that’ll be your stepping stone to Binomo features. Get started and check the tutorial on how to use it below.
At first, you might face some challenges in using the tools. There’s nothing to worry about because Binomo will provide you with a free Demo account that has virtual $1000 for practice in trading and education. It’ll give you immense help to see how the system works until you feel confident enough to trade with real funds.
The Help Center on Binomo is a kind of Wikipedia that will give you answers to the FAQs. Besides that, you can always send an email to the support team through support@binomo.com or contact them via live chat.
Depending on your current experience level, the Binomo platform offers different trading strategies. However, they won’t give you a 100% guarantee of trade results. Remember that trading has to be based on your knowledge and experience.
Additionally, there are various contests available on Binomo that allow you to gain trading experience and have an opportunity to get prizes.
How to invest money in Binomo?
On Binomo you can use different deposit methods to invest funds. There is no secret on how to invest money in your account – such payment options like JazzCash, EasyPaisa, CashMaal, Perfect Money are available. Hence, once the sum is deposited, you can go ahead and trade.
Note! The minimum required amount for a Binomo deposit is $10.
Bonuses
Binomo offers traders bonuses. For example, it includes a 25% welcome bonus for those who have just created an account for the first time. Besides that, there might be promotions organized by the platform where you get coupons to apply a non-deposit bonus. It also can be given by a personal manager on a VIP account. When depositing funds, you can get deposit bonuses as well depending on your account.
How to trade on Binomo?
When you’ve successfully created an account and processed your first deposit, you’re now ready for trading. Fixed-time trades enabling you to earn up to 90% (in case of correct forecast) of the trade.
It happens that some beginners ask “How to make money on Binomo” but they need to understand that they can’t make money but can get extra income.
- To start, select the amount and time for the trade, and choose the asset you prefer.
- The next thing is to determine the next activity of the chart movement.
- Then, you have to choose whether to hit the red button (DOWN) if you think the movement will go downwards or tap the green button (UP) if you think it’ll go up.
Once done, you have to wait until the trade becomes complete. If the forecast is correct – you earn the profit, if not – the funds won’t be returned.
Note! The use of signals is prohibited on Binomo.
Withdrawal
For security purposes, the payment method you use for withdrawal can be only the same as one of those which you used when deposited. Also, the time frame to transfer your funds may vary depending on your account and the method you’ve used – from several minutes to three days or more.
According to regulation, the minimum amount you can withdraw is at least $10, and the maximum is $3,000 daily, and it’s stipulated to the Terms and Conditions you agreed upon creating your account on this platform.
Binomo is not a scam
Binomo is one of the most credible and safe trading platforms across the globe. It is a member of the International Financial Commission and is certified by Verify My Trade. The platform also got awards at the IAIR in 2016 and the FE in 2015.
Check traders’ reviews on Quora, which is one of the trusted sources when you want to get relevant and credible information and figure out whether Binomo is real or fake.
You can have the confidence that this platform will take care of your funds or profits. Thus, it was never a scam or a fraudulent organization, and the services it offers are legitimate.
Conclusion
In this review, we discussed how to trade on the platform. Binomo and its app in particular gained a lot of positive reviews from traders. It provides a Demo account for practice, tournaments, and other features, and responsive customer support. Although you shouldn’t forget that trading is connected with risks of losing funds.