Binomo Review 2021

There are no commissions or fees charged by the majority of trading platforms. Instead, they get additional compensation when a trader makes an inaccurate prediction, resulting in the loss of a transaction. Binomo does not charge for its services, which is in accordance with industry norms. As a result of the fact that Binomo makes money from traders who lose money when they invest their cash, it may be a very lucrative investment for traders who invest significant sums of money.

Binomos' treatment of its high-end customers speaks volumes about the company's financial performance. Higher rewards are possible with a maximum return of 90 percent and a maximum bonus of 100 percent, respectively. In contrast, the opportunity to invest and learn at a lower entry point ensures that their regular traders will not have any failures in their spread or commission investments as a result of their lower entrance point. Binomo, like the majority of other brokers, does not rely on leverage. When it comes to leverage, another platform or broker might be a better match for your needs and requirements.

Binomo offers customers the option of choosing one of the following live accounts from a list of available options:

Gold VIP status as a standard

Each account type is explained in more depth further down on this page.

According to the company's slogan, "maximum simplicity while retaining functionality," When comparing the site to its rivals, it will stand out for its simplicity, speed of operation, and minimalistic interface. This applies to all parts of the process, beginning with the very first step.

Visitors to the company's official website are already considered to be half of a client. One step remains: you must provide your email address and password, following which a $1,000 demo account will be created for you immediately after clicking the registration button.

The minimum deposit amount is ten dollars or ten euros. According to the network address of the computer, the payment methods that are available to traders is determined by the nation in which they live.

The amount of the bonus, as well as the deposit level, are determined by the amount of the deposit. There are four of them: a demo account, a regular account, a GOLD account, and a VIP account. The most significant benefit of premium status is the personalized service, which includes personal training with a tutor, the ability to buy customized trading methods, as well as a variety of unique and exclusive offers and promotions.

Binomo provides a fully-featured platform that enables users to not only conduct trades, but also technical and fundamental research of the market, all from the comfort of their own home. Binomo is based in New York City.

The following are the characteristics of the web terminal:

• Trading "Above/Lower" contracts with an expiry time ranging from 1-60 minutes;
• Trading "Above/Lower" contracts with an expiration time ranging from 1-60 minutes;
• The use of indicator and graphical analysis (14 indicators and 20 instruments);
• 50 trading assets from a variety of categories, including currencies, equities, commodities, and so on;
• Using the economic calendar, trade based on the news;
• Chart includes four modes and six timeframes, as well as the option of scrolling and resizing the chart;
• Investing in a multi-threaded environment (there are independent tabs with assets).

When it comes to assets, Binomo has a selection that is similar to that of its competitors. If you are at the highest level of trading, you will have access to 49 different types of assets that are spread over a variety of asset categories. With a wide range of assets to choose from, you can figure out precisely what you are most comfortable with in terms of trading. Binomo has a diverse collection of assets, which include the following:

The research options available on Binomo are restricted, and the site does not include Economic Calendars or Indicators.

We discovered a variety of sketching tools integrated into the site, as well as descriptions of Trading Indicators and Strategies. On the other hand, there is no independent third party and no top-quality research materials.

Binomo Research tools are accessible in the following locations:

• Binomo is a trading platform that was developed by Binomo.
• Binomo Trading Section is accessible via a website or a platform.

There are many methods to get in touch with Binomo.

Chat: They offer a live talk window on their website and app that allows traders to select whether or not to chat live. The live chat function is dependable and may be used in a variety of languages.

Contact information through email: It's possible that your issue may not need urgent attention. Alternatively, you may contact support@binomo.com, who will reply as soon as they are able to do so.

It is not essential to search the Internet for Binomo trading information in order to understand the basics of the trade. All resources are provided free of charge by the broker. Beginners should progress from basic to advanced training by following the stages indicated. Even non-registered users may view video courses, learn new terminology, and get answers to commonly asked questions on the broker's official website's "Training" area.

Binomo can provide novice traders with all of the tools they will need to enhance their trading abilities.

They include: a sample account, video lessons, and so forth.
Customer service is accessible 24 hours a day, seven days a week for webinars.

Don't think that training is just for beginners. According to seasoned traders, the opportunity to refresh their knowledge inside the platform streamlines the Binomo trading procedure significantly.

Neither the Company nor any of its affiliates provide their services in the following territories or to citizens and/or residents of the following countries:

North Korea, Kingdom of Thailand, Canada, USA, Australia, Malaysia, Austria, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Greece, Hungary, Ireland, Italy, Germany, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Norway, Iceland, Liechtenstein, Sweden, United Kingdom, Andorra, Vatican, Monaco, San Marino, Cyprus, Switzerland, Israel, Syria, Singapore, Hong Kong, New Zealand, Iran, Saint Vincent and the Grenadines, Japan and the Russian Federation, Belaruswhere it is contradictory to current law in those or other countries and/or the Company's corporate policies.

Binomo is one of the three market leaders in the provision of online trading platforms for fixed-term contracts (also known as "Above/Lower" contracts). The functionality of the terminals used by the market leaders is almost identical to one another. The availability of tournaments distinguishes Binomo from its rivals and gives it a distinct competitive edge. It should also be mentioned that a significant amount of attention is placed on training and the customization of the platform for new traders. This is reflected in subtle subtleties throughout the text. For example, after registration, the user is initially provided with suggestions to assist them in becoming familiar with the terminal's operation.

Binomo is not only ideal for novices, but it is also suitable for experienced traders who want to make money by participating in trading tournaments.

If you are searching for brokers that are similar to Binomo, we have prepared a list of the best 5 brokers that are similar to Binomo below for your convenience. It is important to note that this list of brokers similar to Binomo is organized in descending order of similarity and only contains businesses that accept traders from your geographic region.