Binomo Review: Investment on Binomo App Trading Safe Or Scam?
Binomo is one of the premier choices for Traders who are looking for a secure investment room. Losses and profits are always present in every successful trade.
Further, a trader strives for maximum profit and minimal loss. So, finding a platform ideal for managing risk is daunting. And Binomo does everything under one roof.
On the other hand, they have flavourful features that will make your trading journey delightful.
In our Binomo Review, we will explore the ins and outs of this high-end trading platform. From regulation to the trader’s review, we will fill the bowl with everything one expects.
Binomo Review – What Is Binomo?
High Capital Risk Is Involved In Financial Trading
Since 2014, Binomo has been leading the trading industry with upgraded and quality financial services. The platform is owned and operated in the same year by Dolphin Corp LLC.
They came into the market with a clear mission of–
“An innovative trading platform with small investment”.
Additionally, the platform offers trading education and strategies for upskilling traders.
Isn’t it cool?
In short, it is a perfect broker for both experienced and novice traders.
So, the platform is regulated, unique, easy to use, and smooth. Even you won’t experience market manipulation. What else does one need?
Furthermore, the platform has kept funds in separate accounts to protect the traders’ funds. On the other hand, it also maintains a strict customer privacy policy.
As one of the world’s most secure trading platforms, Binomo is IFC-certified, and all client risks are insured following the current laws.
Most importantly, it offers high-quality customer service, market analysis support, quality training for beginners, and exclusive profitable trading conditions.
All these will give you an unbeatable return of up to 90% or more. Let’s uncover why a trader should trust Binomo or not.
Awards and Achievements
Binomo has few achievements and awards for their trusted service.
Here is the list of their awards –
- 2016 IAIR Award (This award was for the best broker of the year)
- 2015 Forex Expo Award (The best brokers for beginners)
- Binomo is a Category “A” International Financial Commission Member
Regulation
Since 2018, Binomo is a Category “A” member of the International Financial Commission.
Binomo assures their traders that the platform is safe and secure to perform trades. If the broker does any fraudulent activity, the trader will get up to $20,000 from the Compensation Fund.
The complaint team will solve or find a proper solution within 72 hours if any trader file a complaint.
The company also abides by delivering services, transparency, and protection of an independent professional organization. Moreover, by joining the Finance Commission in 2018, it reaffirms its commitment to maintaining the highest standards of commercial honor and best business practices.
Furthermore, the broker has successfully passed the audit by Verify My Trade (VMT). This company usually certifies the quality of trade execution.
Why Binomo?
Thousands of online trading platforms are available, from the giant to the miniature. Not all of these are safe and secure for traders. And we understand how a regulated and high-quality trading platform benefits trades.
So, our research into the Binomo platform was extensive to ensure quality and transparency.
Our research led us to choose Binomo as a broker among many because of some incredible features.
- Regulated and Licensed
- Minimum Deposit $10
- Investment low as $1
- Min Withdrawal $10
- Three Account Types
- Demo Account
- Free Training
- Mobile Trading facilities
- Payout percentage 90%
- Bonuses, Promotion, and Tournament
- Trading instruments 70+
- Non-stop trading mod
- Smooth and Problem-free Withdrawal
- Quality Customer Service
- Trade on the Weekend
Login & Sign Up Process
Opening an account will cost you nothing. You can open a free trading account. Here are instructions on how to create an account.
Go to their official website
Fill the form with valid information
Select the currency
Agree with the terms and conditions
Click the button “create account”
Now you can log into your account using the same password and email address. But before that, do not forget to complete your verification process.
Account Verification
After opening an account, you must verify your identity by submitting legal documents. The company will ask for a copy of the client’s passport open to the page(s) with their photo and personal data or a copy of the front and back of their ID card.
In some cases, the company will also ask for utility bills, bank statements of their opening account, scanned copies of their bank cards, or other documents.
Depending on the situation, the company will need 10-30 days to complete the entire process. But if any client refuses to provide documents, the company has the full right to suspend his or her account.
Account Type
Binomo has three types of account Apart from the Demo Account.
Depending on the trading experience and trading criteria, you can choose one of the accounts.
These are –
- Standard Account
- Gold Account
- VIP Account
Standard Account:
Traders who choose a standard account can start trading by depositing $10. Moreover, traders of any experience level can open a standard account.
The minimum investment is $1. And a trader can trade with this minimum amount with real brokers.
Additionally, traders will receive analytical support. They can also participate in different tournaments and special offers.
Moreover, you can trade most financial assets with a fixed profit percentage of 85%. Customers will get a welcome bonus after opening an account.
Active traders will get unlimited top-ups. The most attractive feature is that you can easily withdraw profits for up to 3 working days. Additionally, technical support is mandatory for all types of traders.
Each Gold Account trader must deposit at least $500 to become a member. Unlike Standard trader, Gold Account trader is guided by a personal trade expert or a manager. Additionally, traders will have access to a broader range of assets.
You will also get the fastest withdrawals within 24 hours. Similar to the standard account, traders will get analytical support from professional traders.
Traders will also receive investment insurance bonus instruments. There is a return up to 86%, and you will also get a weekly 5% loss return.
VIP Account:
Trading on VIP accounts requires a minimum deposit of $1,000. Plus, traders get bonuses up to 100%, fixed profits up to 90%, and other benefits. Moreover, 10% cashback every week for VIP accounts.
Traders can also contact their personal account manager via Skype for analytical help.
This post first appeared on Binoption-The Best Binary Options Forex & CFD Trading Platform For All., please read the originial post: here
