Guide to Earn Easy Profits with Binomo Trading
The Binomo trading platform is suitable for both beginners and experienced traders.
It is best suited for short-term trading within 1-5 minutes, and that is its biggest advantage.
The functionality of the platform makes it possible to use hundreds of different strategies for technical analysis and you can also trade on the news using information from the built-in Economic Calendar.
The platform interface is simple and you can learn how to use it in just a few minutes.
Immediately after signing up for an account, the system will display a series of informational prompts to explain the nuances of terminal management.
However, our guide to working on the Binomo platform will get you there even faster.
The sign-up process on the company’s website has been simplified to a minimum.
Email and password are all that are required from users at the first stage.
You will also need to indicate your preferred currency for your internal account.
Remember that in the future you will not be able to change your choice.
That’s why trading on a dollar account is a win-win option as you can make payments in USD anywhere in the world.
Immediately after sign-up, you will be redirected to the trading terminal.
However, it is recommended that you immediately verify your account by clicking on the link sent to your email address.
In the future it is also recommended that you link a phone number. This will improve the level of account security.
Crediting and Withdrawals
The carefully considered payment policy is one of the main reasons for the success of Binomo on the global online trading market.
When learning the market of each new country, the company first addresses the issue of finances.
Popular payment systems in each country are integrated.
There is also support for international systems such as VISA/MasterCard, WebMoney WMZ, NETELLER, and cryptocurrencies.
The minimum amount for account crediting is 10 dollars or euros, or the equivalent in your country’s national currency.
Depending on the amount of funds deposited, a certain level of account status is assigned to the user. There are 4 of them.
Demo account: open to all new clients by default.
Standard: open after the first account crediting. STANDARD account holders can trade under the standard trading conditions and have access to tournaments.
GOLD: requires account crediting of $500 or more. Of the advantages: priority status from the support service, exclusive strategies, accelerated payments, and an increased number of assets.
VIP: the maximum level for users who deposit $1,000 or more. It offers individualized training with a mentor, payments within 4 hours, the maximum range of assets and profit percentage, as well as 10% compensation of losses.
All funds deposited are taken into account. For example, if three credits were made in the amount of 50, 200, and 300 dollars, then the user would receive the premium status of GOLD.
Binomo abandoned its standard trading platform just a few months after launching.
Users are now offered a proprietary terminal of the company’s own design.
The company regularly updates it, improving its interface, adding new functionality, and eliminating errors.
Features of the Binomo Terminal:
- 14 indicators and 16 chart pattern drawing tools.
- 11 types of Moving Average lines.
- Scalable 4-mode chart.
- Independent tabs with asset charts.
- No limit on the number of open trades and tabs.
- 50 trading assets (currencies, shares, cryptocurrencies, commodities, and indices).
- “Higher/Lower” contracts with yields of up to 89% and expirations from 1 to 60 minutes.
- The “Economic Calendar” built-in news service.
- Ready-made strategies with step-by-step instructions for beginners.
To make a profitable trade, all you need to do is set up the terminal to get effective trading signals.
Then, after receiving them, you press the “Up” or “Down” button, having previously chosen your investment amount and the expiration.
Beginners are advised to trade according to the rules of select strategies offered by Binomo.
The instructions are available directly on the terminal.
All you need to do is click on the “Strategies” icon in the left side toolbar.
Each system is accompanied by a detailed description and step-by-step instructions with explanatory screenshots where trading signals can be clearly seen.
Trading on Binomo is easy.
Beginners are offered free training in the form of video lessons and ready-made strategies, and professional traders are offered favorable trading conditions, market analysis functionality, as well as the opportunity to participate in tournaments with real prizes.
Binomo contests are one of the key advantages of choosing this company.
Trader tournaments have prize funds of up to $50,000 or even more.
They offer a unique opportunity to prove your high level of professionalism to yourself and others while also receiving a real monetary reward.