Binomo, as a company which was established in 2014, is one of the greatest variants for the traders who are interested in online trading today. The company apparently created their platform by taking into consideration all levels of traders. Unlike many other trading platforms who offer only two types of accounts, Binomo offers four types of accounts (Demo, Standard, Gold, VIP) with different requirements.

If you are a trader who is interested in learning more about Binomo investment and trade, keep reading our review.

Binomo – your honest trading partner

If you are asking the questions, “Is Binomo a scam or legal?” or “Is it true or fake?”, then it is worth knowing the following facts. Certified as an “A” category member by the International Financial Commission, Binomo proves its reliability. The IFC only certifies companies which fulfill the requirement of transparency in operations and provide quality service. Also, Binomo has several international awards such as IAIR and FE.

Sign in and Login

To sign in, the only thing you have to do is visiting binomo.com and clicking on the “Sign in” button. It is not difficult. After you complete your registration, you can go to the official website or app and click on “Login” to be able to trade through your account.

Bonuses

Binomo provides its customer with bonuses to enliven online trading for its customers. First of all, you will get a welcome bonus after registration (25%). Then you will also have access to no-deposit bonuses within the framework of various promotions from Binomo.

Once you level up from a demo account to a real account, you can get a bonus up to 100% – Standard, up to 150% – Gold, or up to 200% – VIP.

You can use only one active bonus at a time. To benefit from the bonuses, you have to get the required trading turnover. Read more about bonuses and turnover in part 8 of the Client Agreement.

Tutorials

Binomo presents free tutorials and strategies for the clients. Each of them is provided with the aim of helping customers to level up their trading skills.

Demo account

The Binomo demo account can be used for educational purposes only. It is contained in $1000. It is safe even if the trader loses this entire amount, as these are only virtual funds intended for educational purposes.

Strategies

Binomo has a “Strategies” section where it offers several strategies for beginner, mid level and master traders. If you can’t make your own strategy, this section will be helpful for you. Just don’t forget that no strategy on the website guarantees you a profitable trade.

Tournaments

To join Binomo tournaments, you must have a real account (including Demo). Plus, there will be a separate account for each tournament you decide to join. Tournament accounts on Binomo disappear once a tournament ends. You can choose between a paid tournament (with a prize) or a free tournament (Daily Free).

Deposit and withdrawal methods

You are allowed to use several payment methods on Binomo (VISA, MasterCard , Advcash, Skrill, etc). To learn more you can check the “Deposit” section after you logged in your Binomo account. You will be able to see all available payment methods in South Africa.

For security reasons, you can use the same withdrawal methods as for the deposit. Also, the withdrawal time can take from a few minutes to more than 3 days (depending on the payment system and the type of account on Binomo).

Limits

There are some withdrawal limits on Binomo:

• The minimum amount that you can withdraw is $10 or the equal local amount.
• The minimum amount that you can withdraw daily is $3000, weekly is $10.000, monthly is $40.000 or the equal local amount.

The amount may change due to your payment method.

Binomo trading app

Download the Binomo app to use it on the go. The application is available on AppStore for iOS devices. Likewise, Android users can find the app on Google Play.

Binomo apk

Binomo apk was created to solve the problems of some Android device users who have difficulty in downloading the app on Google Play. The apk can be downloaded from this link.

Conclusion

Binomo is a safe, certified and awarded international platform for trade which serves the company’s clients at its best. However, no matter which platform you are on, don’t forget about the risks of trading. Financial trandes always contain the risk of losing a part of your deposit.

HAVE YOUR SAY

Like the South Coast Herald’s Facebook page, follow us on Twitter and Instagram