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BUSINESS NEWS - Binomo is a trading platform that started in 2014. The company is a subsidiary of Dolphin Corp., an organization in St. Vincent and Grenadines. It was created specifically for traders who want an alternative means of generating extra income.

What is Binomo?

Binomo is an authentic international company for both budding and experienced traders. 

As a user, you have access to a substantial number of assets (depends on the type of account), qualitative Binomo trading strategies and personalized assistance from experts.

Beginners on the platform are provided with sufficient instructional materials (free), as well, to help them get along fine when they start trading with the Binomo investment company.

Is it a scam or not?

No, binomo.com is not a scam! It is a Verify My Trade (VMT) certified organization. Further confirming its authenticity are the prestigious awards: FE Awards in 2015, IAIR Awards in 2016.

In addition to the awards that prove Binomo legit, it is also a certified "A" category member of the International Financial Commission (IFC), an organization that ensures quality service delivery in the industry per international dispute resolution guidelines. You can access the Binomo certificate here:

Reviews

Below are what some traders had to say about the platform:

Nikita Ivanovskiy: "Tried to trade in the Binomo project recently, and I really liked it! everything works at the highest level."

Pooja Ahluwalia: "It is a legitimate platform. Initially, I suffered some losses but as I gained more footing on the platform, I improved my extra earnings."

Sergei Savushkin: "I advise you to try the Binomo platform. The project has been working and withdrawing funds regularly for a long time."

Priya Mantri: "Binomo is a good platform as per me. I would recommend this to people who want to start trade. It is definitely not a fraud as I have not lost any funds."

Kuntilanak Merah: "Yes, Binomo is a reliable one... As a beginner, I knew I made mistakes but it didn’t discourage me from trying Binomo once again. After all, I getted extra income."

Sign in and Login

You can create your Binomo account using either an active Google or Facebook account.

You can use Binomo web or app login in the following way:

1. Go to the login page on binomo.com;
2. Fill the sign-up form appropriately with a valid email address;
3. Include a strong password;
4. Select the preferred currency for trades and withdrawal;
5. Click the Client Agreement and Privacy box to show you've read them
6. In the end, tap the sign-up button to complete your registration.

It remains to confirm the registration by clicking on the link from the letter from Binomo.

Account types

There are only three main account types on Binomo. But there's the Binomo demo account you'd be given when you register for the first time.

Free (Demo)

Binomo demo account is meant for first-timers on the platform. It is specifically designed to intimate you of the process of trading on Binomo. This account contains a Binomo free deposit of about virtual 1000$ for learning how to trade (R13.000 - the currency can only be used on Binomo in South Africa). This virtual fund cannot be withdrawn, but it can however be reimbursed once exhausted.

The three main accounts are:

Standard

Lowest Binomo option you can make on account type:

• An initial deposit of nothing less than 10$;
• Up to 100% deposit dividends;
• Up to 85% returns are given when you have correct forecasts;
• Opportunity to participate in Binomo tournaments and promotions.

Gold

The second highest account you can sign-up for:

• The cumulative deposit of nothing less than 500$;
• Up to 150% dividends in deposits;
• Up to 90% returns are given when you have correct forecasts;
• Opportunity to participate in Binomo tournaments and promotions;
• Specialized expert advice from Binomo on strategies, etc;
• Insurance and Cashback up to 5% in some cases.

VIP

Highest account type:

• The cumulative deposit of nothing less than 1000$;
• Up to 200% dividends in deposits;
• Up to 90% of returns are given when you have correct forecasts;
• Opportunity to participate in Binomo tournaments and promotions;
• Specialized expert advice from Binomo manager;
• Cashback up to 10% in some cases;
• Exclusive opportunity to insurance and the ability to conclude risk-free transactions.

How to use Binomo?

To use Binomo in South Africa, you have to register first to get the Demo account. It is on this account that you'll learn tips on how to trade on Binomo

Tutorials

There are also Binomo tutorials teaching how to trade on Binomo. You can access these via trading education sections: Strategies and Help Center.

Bonus

Bonuses are only available when you do one of the following:

• When you deposit into your account;
• When you use/activate a bonus coupon.

Deposit

You can credit your Binomo account using a bank card, or any e-wallet platform available to you.

Binomo deposit is available in different currencies (USD, EUR, etc). So, you shouldn't have trouble making deposits in your preferred currency, including local.

Withdrawal

You can withdraw funds from Binomo directly to your bank account or your electronic wallets. Withdrawals could take from a minimum of 4 hours to a maximum of 3 days (sometimes it may take longer), depending on the type of account you operate and payment system.

Binomo is unlike other trading platforms in its dealings. Unlike those trading platforms you must have used before, it doesn't deduct commissions on both Binomo funds withdrawals and deposits.

Limit

Binomo has a deposit and withdrawal limit. The minimum deposit is $10 (R150). However, there is a withdrawal limit. So, you cannot withdraw more than $3,000 per day, more than $10,000 per week, and more than $40,000 per month. Also, the conditions of the withdrawal limit may depend on your payment system.

Download App

You can download the Binomo app on both Android and iOS devices. On the Android can also download Binomo apk if they can't download it through Google Play (https://binomo.com/en/promo/android).

Conclusion

Investment and trading, generally, risk-taking. If you want to have correct predictions and generate additional income on Binomo, you must accept these risks and constantly improve trading skills. Binomo is a great platform to do this. The experience and knowledge gained on the platform helps minimize the trading risks, it also makes trading more comfortable for both beginners and experts.

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