Since its launch in 2014, 133 nations now offer services on the Binomo Website. Although it cannot now accommodate traders from the United Kingdom and the United States, it is a well-liked trading site for residents of India, Turkey, and Indonesia.
Binomo Website takes pride in serving both novice and experienced traders, unlike many other trading firms. They offer expert traders tools to execute transactions quickly and accurately while also offering new traders a wealth of materials and help to get them started with their software. The ability for users to conduct weekend trading on the Binomo website is one of its main draws. They are also supported by mobile trading and the International Financial Commission, ensuring that you never miss a deal no matter where you are.
Binomo Apk Features
For traders looking for some of the top resources available, Binomo offers a number of advantages. As you consider your options, the following are some of its strongest selling factors.
The demo account that the Binomo Website provides is priceless if you are new to trading because it can prevent you from making costly beginner errors. However, having a trial account may be beneficial for even seasoned traders; you can test out new trading methods without risking any of your own money.
You will receive $1,000 to utilise in a demo account when you register for a Binomo Website account. You won’t be allowed to keep any profits you might make because it is just used as a paper trading account. However, that also implies that you won’t suffer any losses. Simply register on the Binomo Website with an email address and password to create a demo account. You may sign up even more quickly by using your Google or Facebook account.
Variety of Assets
Binomo is a popular choice for traders wishing to diversify their portfolios because it provides a huge assortment of assets. Among the more than 40 asset classes available, equities, indices, and currency pairs are some of the most widely traded. Even though Binomo only provides high and low trading contracts, it still distinguishes itself from many rivals by offering highly valued stocks and other assets.
Tournaments and Promotions
If you enjoy friendly competition when trading, taking part in Binomo’s tournaments will stoke that competitive fire within you. Binomo often holds competitions in which competitors with the highest profits over a predetermined period are awarded cash awards.
While some tournaments are free, most tournaments have a participation fee. You’ll need to keep an eye on Binomo’s tournament website to view your alternatives because the events frequently change. As of the time this article was being written, Binomo was hosting six events. The prize money ranges from $5,000 to $50,000, while the entry fee is between $12 and $40. Binomo frequently offers its members sign-up and deposit promotions. As they rotate them out, you’ll need to keep a watch on their promotion page.
After experimenting with the $1,000 that Binomo.com gives you for free when you sign up for their platform, you can open one of three sorts of accounts: Standard, Gold, or VIP. The level you are eligible for is based on the amount you deposit for trading. Additionally, you’ll be relieved to learn that only a $1,000 deposit is needed to access the VIP level, in contrast to other platforms where you typically need a substantial amount of money to do so. You can fund your account in a number of different methods, including with Visa, MasterCard, Internet Banking, GlobePay, and Indian Exchanger. The advantages you’ll get based on the tier you qualify for are listed below.
Standard Account: With a deposit of $10, a regular account can be opened. You’ll be able to trade the most well-liked financial assets on the website utilising a fixed income of up to 85%, be eligible for bonuses, and take part in tournaments.
Gold Account: With a $500 deposit, you can start a gold account. More trading assets will be available to you, fund withdrawals will take just 24 hours as opposed to three business days, and you’ll receive a 5% weekly loss compensation.
VIP Account: With a $1,000 investment, a VIP account can be opened. You can receive bonuses of up to 200%, withdrawals of funds take four hours, and you have access to the greatest variety of tradeable assets.
Low Trading Amounts: Users of Binomo have the unusual option to do transactions with as little as $1. Of course, using such a modest quantity of money won’t allow you to become wealthy. To avoid grey hair from trading, ease into trading by utilising $1 or other little sums after you feel comfortable using your demo account. Trading with $1 can let you get a feel for the movements of Binomo.com’s assets in real-time without ever having to worry about losing more than 100 pennies because the site has such a vast quantity of assets.
Because Binomo.com doesn’t alter middleman prices for initiating and completing a trade, it charges less than many of its rivals. Instead, they only keep a modest commission when you make money on a deal. Binomo does, however, collect money in a few uncommon methods that you should be aware of. To begin with, Binomo won’t charge you a withdrawal fee if you make a profit that is twice as much as the amount you wish to withdraw. However, they will charge you a 10% withdrawal fee if you haven’t yet made enough money. Furthermore, they will charge you a $10 monthly subscription fee if you quit actively trading on Binomo but keep your money in your account.
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