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Binomo UAE trading platform review - how does it work?

Binomo UAE trading platform review - how does it work?

Monday, October 19, 2020/ Editor -  

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So, what is Binomo? This is primarily an online trading platform, but it’s also a client-oriented company. Binomo UAE has been creating new possibilities in the market of the best trading technologies. The experts working with https://binomo.com/ pay attention to the smallest details by providing clients with a high level of service. In an attempt to establish the Binomo trade platform, the company felt that it’s crucial to offer the best services, including tutorials, client support, and analytical services. After all, everything boils down to the quality of a platform when it comes to additional income for a trader. Additional income over the web is gaining a lot of popularity. There are several ways of doing it, and some of the possibilities are quite promising, such as the Binomo trading platform. It made its appearance in 2014, but soon, it ceased to remain just another newcomer. Today, it’s one of the leaders in this particular field.

What is Binomo?

  1. Proprietary trading platform: Do you want to find out how binomo work? Well, it offers a trading platform to all its traders. The platform utilizes SSL protocol to encrypt and secure every piece of data that flows through it. Rest assured, you can sleep better at night knowing that your funds are safe. Since you can’t make any transactions without classified info, such as bank data, bank card  numbers, or other personal information, ensuring security becomes mandatory.
  2. Something more: Apart from the basics, https binomo com en trading boasts of many useful components that improve your experience. These include education, strategies and more.

Is not a scam


As already mentioned earlier, it’s an online trading platform. Then again, most people who don’t know much about it may think that it's a scam. Indeed, you may mind one binomo.com review that praises the company, while another review curses about binomo fraud. 

Despite what the binomo investment reviews say, it’s a legitimate web-based trading platform used by thousands of traders every day from different parts of the world. However, binomo trading is illegal in specific countries. Binomo is a category “A” member of the International Financial Commission that guarantees traders the protection of an independent professional organization. If you spot the Binomo logo, then you’ll know that it’s safe because it is an honest traders partner.

How does Binomo work?

  1. Registration and login: The registration process doesn’t take more than a few minutes. Just visit the website, select the “Register” button in the menu, and fill out the form that appears. You can also complete the registration process using the link from the letter on your email. You can use your social media account credentials to login to binomo.
  2. First deposit coupon: Now, it’s time to make the first binomo investment. For that purpose, go to the cashier section, choose a payment method, enter the amount, click on the “credit” button, and follow the instructions from the payment system.

Account types

There are four types of accounts for you to use. These include the following.

1. Free account: It’s a demo of the real account. You can use it as a tool to train before delving into the thick of things.

  • It’s the best way to test all the features offered by the platform without spending funds.
  • You will gain access to all studying assents and work tools while honing your strategies, and 1000 virtual dollars. 
  • More than 20 assets are available for trading on a demo account.
  • You can partake in a tournament - Daily Free.

2. Standard account: It’s available to traders with experience and offers all functionalities of the trading platform.

  • Gain access to 40+ assets with fixed income up to 85% (if the forecast is correct).
  • Conclude transactions by investing the binomo minimum deposit (from 10$).
  • Partake in tournaments.
  • Refill your account without limitations.
  • Withdraw funds for up to three business days (depends on payment method).
  • Get a binomo bonus with the deposit you make (up to 100%).

3. Gold account: Apart from the standard services, gold account holders will receive specific privileges.

  • Extended list of assets for trading (50+).
  • Expedited withdrawal procedure up to 24 hours (depends on payment method).
  • The return on assets can be as 90% (if the forecast is correct).
  • Bonus up to 150% by refilling the deposit.
  • Insurance - if the amount in your account has reached zero, part of your investment will be refunded.
  • You will receive advice on any problems that may arise during the trading process from a personal manager.
  • Cashback 5% in the form of funds weekly in specific cases.

4. VIP account: This account is for massive deposits (1000$). Clients receive an account maintenance program and unique trading conditions.

  • Bonuses up to 200% when refilling a deposit, but not for all.
  • The return on assets can be as 90% (if the forecast is correct).
  • Profit withdrawal shouldn't take more than 4 hours (depends on payment method).
  • All-inclusive list of available assets (60+).
  • Investment insurance.
  • Access to a personal manager.
  • You will receive a weekly loss compensation of 10% in the form of funds.

To become a Gold or VIP, it is not necessary to deposit the required amount once. This is the total amount of the deposit.

Tournaments

Tournaments are to encourage traders like you to partake in trading bouts. The ultimate objective is to hone your trading skills. If you wish to sign-up for a tournament, then visit the dedicated page and click on “signup.” Make sure that you have enough funds in your account to sign up. It should be equal to the signing amount or more.

Payment and withdraw methods


Can we withdraw funds from Binomo? Is it possible to make a cash withdrawal?  Yes, you can! However, you need to go through a binomo account verification process before you consider learning the binomo payment  or withdrawal methods. 

Verification


Whether you wish to make a payment or withdraw funds, you need to pass through a verification process. It ensures whether the payment or minimum withdrawal from binomo methods that you selected is safe enough. With payment proof, binomo even confirms whether the funds belong to you or not. 

You need the following documents for the verification:

  • Сopy of passport open to the page(s) with their photo and personal data or a copy of the front and back side of their ID card. 
  • E-wallet confirmation or bank card confirmation.

You also need to adhere to the binomo withdrawal limit.

Binomo app

What is a binomo app and how does it work? It's become more popular than the website as everyone has a smartphone these days. This online trading platform is available in the form of an app that works on Android/iOS-powered smartphones and tablets. 

You can binomo app free download from Google Play Store or App Store. Also, the platform adapts itself to any device when you use a web browser. There aren’t any significant functionality differences between the binomo app and the website.

You can also download binomo apk from https://binomo.com/en/promo/android. It’s only for Android.

Why should you try Binomo?


Financial operations brought forth by this company may involve increased risk. Then again, this issue isn’t going to hop off your back, no matter what trading platform you use. The only reason why this one is the safest is the presence of the “free” account. With it, you can hone your skills before you get into the real deal. 

Additionally, as the holder of a “gold” or “VIP” account, you will get back a significant percentage of the funds that you may lose if you make a mistake. However, if you want to prevent it from happening, then you should go through the knowledge resources, trading tips and tutorial that the Binomo platform provides. These resources combine to form the most trustworthy Binomo service.



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