Is Binomo safe? India trading platform overview
Binomo is a client-oriented company that aims at providing unique opportunities in the financial market of online trading technologies. The company created an online trading platform at the world-class level, providing one of the best quality trading services and technical information about trading data and charts and client support. Binomo
It delivers one of the best services to all its clients at the same standard as foreign brokers.
The Dolphin Corp company started Binomo, and the company is registered wit the number 25151 IBC 2018, under the laws of Saint Vincent and the Grenadines.
All their services are made available through the Binomo mobile app and the Binomo website (https://binomo.com/). However, there are many people having questions such as “is Binomo legal in India, is it safe?” Yes, it is completely legal, including Binomo in hindi. Here is a Binomo review India that you can read through to learn more.
What is Binomo trading?
Binomo trading is high-end financial trading with a huge range of financial assets. Binomo has some of the most user-friendly trading platforms in the financial market. The platform offers analytical information to assist client trading, smooth access for the novice and the experienced trader to invest trade, and an informational section of easy-to-understand tutorials.
Binomo – your honest trading partner.
How to sign in and login
Signing in on Binomo is quite simple and straightforward. The first thing to do is completing your account registration. You will find a “Log in” button at the upper right corner on the home page. Click that button, which will display the Sign-up tab.
Binomo features different types of Binomo accounts that you can choose from as you wish.
Demo (Free ) account
This is a free trading account majorly for learning how to trade and get familiar with the platform. With this account, you get a virtual fund of $1000 for demo trading. Whenever you exhaust the first virtual fund, you get another one to continue until you are very good at trading. One of the benefits of a demo account is that you can make trades using a real chart and actively learn about the way the platform works while trading. The demo account is mainly for you to practice all you've been learning about trading. You are free to implement your strategies and ideas by putting them into practice before you start real trading.
How to use Binomo?
So the question is, how can you use Binomo properly? The first thing to note is that you need to understand how the platform works to ensure proper trading. An excellent place to start learning how to use Binomo is trading with the demo account, after which you can move to trade on a real account.
Make sure you confirm the account you are trading with before you make any forecast. You can switch to the real account type at the upper right corner, above the chart.
Select your preferred asset. Then you can set the amount and time for your trade. It is recommended that you carry out an adequate analysis of the chart's price movement before making any forecast.
After your proper analysis, you can decide what forecast you will like to make. According to your analysis, if you think that the asset price will go higher, click on the green button, but if you want to forecast that it will decrease, click on the red one.
Allow the trade to reach completion, then you can check your forecast if it was correct or not, and the transaction will be carried out successfully. If the forecast is valid, your profit will be paid immediately into your registered account.
It is very much possible that you won't feel entirely comfortable trading at first, but you begin to get better at trading in time. Start by exploring the trading platform and be familiar with all the interfaces, charts, and resources provided there.
It is vital to be educated before you start trading. You need to acquire relevant Binomo education to be able to trade like an expert. Hence, Binomo has prepared free and adequate high-quality tutorials to help clients learn how to trade like a professional. All the relevant information you need is available on the Binomo platform. After learning diligently, you can start trading like an expert.
How to download the binomo app
What is a Binomo app? It is a software app that you can download and use on your phone to learn more about Binomo and also trade. You can download the Binomo app from either the Google Play Store, Apple store or official website (https://binomo.com/en/promo/android), depending on the devices you are using.
To download the apk, you can go to the website or search for it on the Google search engine. After downloading, install, and use for the trading and training as needed.
This is an excellent opportunity to earn extra income online. People ask if Binomo is real or fake but it becomes clear when you learn how to trade well and you start improving. It is possible to make up to 90% profit in a few minutes when you make a correct forecast. With Binomo, you can profit from the slightest price changes.
However, it would be best to understand that these price changes are risky, and you need to be adequately trained and informed. If you give a right forecast, you stand to lose many of your funds at once. Bear in mind these possible risks as you trade.