Binomo: Who are they? How it works? Big Broker or 1 Scam?
Binomo 2019 - Updated and Real Review of Binomo. Are they honest or scam? How to start? Check our Free tips on how to deal with this online trading platform.
What is Binomo?
Binomo is a European-based trading company. It allows trading in Binary Options, which is one of the fastest growing markets in the last 10 years. It has its own trading platform and offers good conditions and profits.
- Platform - 90%90%
- Payout / Profits - 92%92%
- Deposits and Withdrawals - 93%93%
- Customer Service - 83%83%
- Customer Opinion - 90%90%
User Review( votes)
How does Binomo work?
First, you need to create an account at Binomo. It is simple and free. Then choose the products you want to trade. Ideally, use one of the courses out there to stay prepared. Practice on the demo account until you’re prepared to make a profit.
Is Binomo reliable?
Yes, it is a regulated company with customers all over the world. It is a well-known online trading platform and has been in the market for some time now with a good international reputation.
How to use the Binomo platform?
It’s very simple. Once you create a free account, you can trade directly on your browser, without having to download or install anything. You only need an internet connection. In the platform, you must choose the asset, the amount you want to bet and indicate if the price goes up or down.
How to make money with Binomo?
Learn to use with a course. Then practice on the demo account until you get consistent results. Then you’ll need to work seriously and with discipline and you will have positive results.
What are the best strategies for Binomo?
There is no perfect strategy that never fails. There are several (see here several examples) that well used, allow to obtain good gains. You must always learn your operation correctly and respect the rules when using any strategy.
Read the full and updated review of Binomo below. Know your advantages and disadvantages.
This broker came into existence in 2015. It is a broker very focused on traders that start in Binary Options because it offers low deposits, low trades and a platform which is very easy to understand.
The broker has its own platform, simple and intuitive. It offers deposits starting at $ 10 and operations starting at $ 1.
Binomo has a prize won in 2015 as the best broker of Binary Options for beginners and another in 2016 by the IAIR Awards.
The brokerage is owned by Tiburon Corporation Limited, located in Seychelles. The financial operations are carried out by Stagord Resources LTD, located in Cyprus.
The Broker is regulated by Finacom.
The broker’s platform was developed by the company itself.
It is a platform with a good design and that is pleasing to the user. It is designed to be quickly understood and used even by the most inexperienced.
Check the video about Binomo below
The negotiation is done directly on the web platform. There is also a platform for mobile devices, smartphones, and tablets through applications for Android and iOS.
Binomo offers only one type of operation: Call / Put, which is the most classic operation used in Binary Options. The reason is simple, to make the platform and trade Binary Options simple and light for users.
OFFER: Opening an account and depositing on the Binomo in the Button below entitles you to a strategy, Signals for Binaries and several cheaper courses. The courses include up to 6 strategies and our Binary Options Signals service is included as well as all our exclusive tools. After registering, please contact our team to confirm that you are our affiliate. DO NOT DEPOSIT before confirming.
– What is an affiliate?
An affiliate is someone who opened the account at the broker using the link from an affiliate site like ours. By opening the account through us, the broker company passes on a small portion of the profits it gets from trader transactions.
For the client (you) it does not have any difference to enter by us or direct in the broker. The account is the same, the profits the same, the rules the same. And you pay nothing more, neither to us nor to the broker.
It only brings advantages: our support, our courses, strategies, free signs or at lower prices, etc.
– Why are offers unique to affiliates?
Because it gave us a lot of work, because we have costs with this site, with the courses and with all the tools we offer, and because if you don’t pay anything being affiliated, it will not be too much to ask for it.
And above all, because it’s fair, if you do not work for free it’s also fair that we can earn something for our work.
Also because you’re not the one paying, but the broker.
For users with Android or iOS, you can download for free the Binomo APP in the image above and negotiate directly on your Mobile or Tablet.
Binomo learning tools
Binomo has several learning tools, such as several videos and e-books in several languages. To access it simply open a demo account in the broker.
This broker offers a free Demo account to train for $ 10,000, without having to deposit initially. The demo account can be used without limitations and if you lose you can reload as many times as you wish.
However, the broker, like all others, does not really have a course that teaches everything a beginner needs to be prepared to get positive results in the long run. To obtain this necessary knowledge the ideal is to take a course.
We have courses for Binomo and other brokers. SEE THE COURSES.
Bonus and Bonus Account Types
The broker offers 4 types of accounts:
The demo account is a fictitious account, serves the purpose to train and to know the platform. We should not look at the results we get in demo accounts since trading in a demo is not equal to real.
The whole emotional part that exists in real is different from the one that exists in the demo. There is no fear of losing, so you will negotiate relaxed.
You can recharge your account with $ 1000 at any time. There’s no limit to reloading the demo account.
Access the full Binomo platform functionality to study assets, tools and practice strategies.
This is the most used account for those who start trading in real. Deposits are from $ 10 and the minimum negotiation is $ 1.
It has access to the most used financial assets with a fixed profit of 85%.
You can participate in tournaments.
You can reload the account as often as you want. Withdraw takes up to 3 business days.
You have access to deposit bonuses.
Binomo Gold Account
The Gold account implies a minimum deposit of $ 500.
This account offers a greater number of assets to trade.
It also offers a higher percentage of profit when compared to the normal account.
The withdrawals are faster taking about 1 business day.
With the Gold account, you have access to a personal manager who helps you in the negotiation process. Analysis support in the form of strategies offered.
In case of getting a week with losses, you can recover up to 5% with Cashback.
The VIP account implies a minimum deposit of 1000 dollars. Binomo VIP accounts receive up to 100% bonus.
This account offers an even greater number of assets to trade compared to GOLD.
The percentages of profits are even greater.
Withdraws takes about 4 hours.
Access to support via Skype.
In case you get a week with losses you can recover up to 10% with Cashback.
The methods are varied, from the most common, such as Bank Transfer, Visa, and Mastercard, to electronic payments like Skrill and Neteller and other e-wallets. In minutes the money goes into the account.
The withdrawals must be made by the same method that the deposit was made. Both deposits and withdrawals are fast. Depending on the account type and withdrawal methods, the withdrawal time is usually around 5 business days. The account must be verified with the necessary documentation for the survey to be processed.
The minimum withdrawal amount is $ 10 and they do not charge withdrawal fees. This is an advantage as several brokers charge some fees on withdrawals.
Benefits and Disadvantages of Binomo
– A minimum deposit of 10 $.
– Minimum operation of only 1 $. This is an important feature for those starting with Binary Options.
– You can receive up to 9 free trades of up to $ 150.
– Tournaments with cash prizes. Some are free, others paid, but all of them with prizes.
– Free $ 10,000 Demo Account.
– Withdrawals without fees.
– Negotiations at the weekend.
– Exclusive Courses.
– Binary Options Signals The best signs of Binary Options.
– Support in multiple languages.
– Less variety of assets.
– Limitation on binary options trading contracts. Only use the classic Call / Put.
– They do not have as strong regulation as others that use, for example, CySEC.
– They do not operate in Europe.
Conclusion Brokerage Binomo
Binomo broker is a good choice for anyone who wants to start trading. Offers a good platform, low deposits, and negotiations starting at $ 1, with no withdrawal fees.