Why go outside to find a side job when you can do it from home? Getting extra income from home is one of the best things that can happen to you. And Binomo is your number one helpmate! Binomo is an online trading platform which provides services to traders. You can learn about the trading platform further by reading our Binomo India review.

Binomo trading – what is it?

The company has been operating since 2014 in more than 130 countries. The headquarter of the company, Dolphin Corp., is based in St Vincent and the Grenadines. Binomo, as a category “A” member of the International Financial Commission, offers transparent and reliable online trading.

What is Binomo trading? On the platform, the user trades using predictions based on your previous observations and training. Among tens of assets to trade that Binomo provides (currency pairs, commodities, equities, indices and etc), a trader has to choose one, and he has to forecast whether the asset will rise or decrease in value at the end of the specified time.

Is Binomo fraud or safe?

You may have such questions as “Is Binomo real or fake?” or “Is Binomo company safe to trade or scam?” The answer is yes! Binomo is a legal trading platform in India that doesn’t offer you straightforward earn. Instead, Binomo directs you to be a hardworking trader who practices thanks to the educational materials, tutorials, and strategies. 

The company has a VMT (Verify My Trade) certificate from the Financial Commission. The payment methods on Binomo are regulated. International trades in more than 130 countries use Binomo every day to trade. 

How to use binomo.com? 

The official Binomo website https://binomo.com/ has a user-friendly interface to offer a great trading experience to its users. So, signing up for trading is not difficult! 

Sign in and Login

  • Go to the official Binomo website.
  • Click on the yellow “Sign in” button.
  • Register through your Facebook or Gmail account or enter a valid email in the box.
  • Create a secure password.
  • Choose the currency for your account. (The account’s currency cannot be changed later on.)
  • Read and accept the Client Agreement and Privacy Policy.

Education

For convenient trading, Binomo provides free educational materials to its users (including Hindi). Especially if you are a new trader, this information, training, and some tips and strategies will be beneficial for you. To help you understand how Binomo works and improve yourself in trading, the platform offers:

  • Free Binomo education
  • A glossary of terms
  • A demo account funded with virtual funds
  • Trading strategies for traders with different skill levels.

Account types

There are four types of accounts on Binomo:

Demo Account

  • The demo account was designed for training purposes only
  • It is given to every trader after registration and is funded with $1000 virtual funds by Binomo
  • Traders cannot get real trades through a Demo account
  • Traders cannot withdraw funds.

Standard Account

  • Standard accounts are the entry-level accounts for online trading
  • To open a Standard account, traders need to deposit a minimum of $5
  • Standard accounts offer more than 40 assets to trade
  • Deposit bonuses up to %100 for replenishment.

Gold Account

  • To open a Gold account, traders need a cumulative deposit of $500
  • It offers more than 45 assets to trade
  • Deposit bonuses up to %150 for replenishment
  • 5% cashback for an unproductive trading week
  • Insurance
  • Personal account manager.

VIP Account

  • To open a VIP account, traders need a cumulative deposit of $1000
  • VIP accounts offer more than 55 assets to trade
  • Deposit bonuses up to %200 for replenishment
  • 10% cashback for an unproductive trading week
  • Personal account manager
  • Insurance and risk-free trades (in some cases)
  • Access to VIP Binomo tournaments.

Deposit and Withdrawal

Depositing your account and withdrawing funds has never been so convenient! Use your bank cards or digital wallets. Please use the same payment method for depositing and withdrawing funds not to face any inconvenience during withdrawal.

As a rule, the withdrawal of funds occurs within 3 business days. It depends on your account type and payment system. The higher the status of your account, the faster the withdrawal of funds will be (for Gold – up to 24 hours; VIP – up to 4 hours).

Indian traders can use Paytm, Indian Exchanger and Globe Pay to withdraw funds. These payment methods work from the application and website.

How to download the Binomo app?

There are three ways to download the Binomo app. If you are an android user, you can download the Binomo app on Google Play Store. If you are an iPhone user, please go to the App Store to install the Binomo app. Binomo trading app can be used on smartphones as well as on tablets. If you are an android user who has problems downloading the application, you can also use Binomo apk for mobile trading. Here is the official link to download the mobile apk for traders from India: https://binomo.com/in/promo/android 

Conclusion

Binomo is a great way to start online trading. It helps traders in every possible way. The legal trading platform in India helps people to get an extra income while sitting at home. Of course, it requires knowledge and experience. If you have been looking for ways of getting additional income, Binomo is worth trying. However, you should always be aware of the risks that you are taking by making online trade. There is always a risk of losing all or a part of your deposit, so trade wisely!