Should You Trust the Binomo Trading Platform?
Would you like to be able to get additional income online in Pakistan? Well, with Binomo, you can trade financial assets such as currency pairs, equities, commodities, indices, OTC, etc. Do you want to know how to use the platform for this? This article explains what Binomo is, its features, and how it works.
What is Binomo in Pakistan and how does it work?
Binomo is an online platform in Pakistan that helps anyone to invest and trade. The trading platform is available not only in English but also in other languages (can be selected on the login page). But this is only the beginning, we will understand more about trading on binomo.com in the review.
Download Binomo mobile App for invest and trade
So, what is the Binomo app? The platform is primarily available on its website, however, the company also developed a mobile app with which you can make trades on the go, without using your PC. The Binomo mobile app has sterling reviews among traders (for example on Quora), for simplifying trading for them.
You can download the Binomo app in Pakistan via Google Play Store if you use an Android phone, and if you use an iPhone or iPad, you can download the app via AppStore (for iOS).
And for Android users who for some reason, may not want to download the Binomo app from the Google play store, or are unable to, the Binomo APK is available for download here: https://binomo.com/en/promo/android. You can invest and trade on the APK like the website.
Download for PC
Sadly, there is no Binomo trading app for PC yet. Therefore, you cannot download the app on Windows. This is not software for the PC. If you want to trade on your PC, you can only access the Binomo platform through the website.
Sign in and Login
Before you can use Binomo, you first have to Sign Up. Registration is broken down into the following steps:
- Go to the Binomo website, click “Sign In” and “Sign Up”.
- Type in your email where indicated.
- After that, create a password.
- Then, select the account currency (currency cannot be changed after registration).
- Read and accept the terms of The Client Agreement.
- And finally, click on “Create account”.
Also, you can login to Binomo account using your Google account. Please note that the platform address is binomo.com. Therefore, you should not, for example, on binomo.net login.
Binomo Bonuses and Promos
Binomo routinely provides various bonuses. These funds will not be available for withdrawal until after you have completed the trading turnover. Please note that only one bonus can be activated at a time.
The Binomo no deposit bonus is provided as part of the company’s promotion. It can be activated using a special code in your account.
The amount of deposit bonuses depends on the status of your account:
- Standard – up to 100%
- Gold – up to 150%
- VIP – up to 200%
Tutorials and Demo Account
To help you trade better, Binomo provides free tutorials and trading education. When you use the demo account, small boxes pop up at every turn to tell you what every button and feature on the screen is and what they are used for.
You can access the Help Center (FAQ) on the website if you have any questions. Also, on the Binomo platform, you will find a list of strategies which will help in trading. However, note that Binomo does not send out trading signals. Also, to further enhance your trading experience, you can choose to contest in any one of the trading tournaments.
How to use the Binomo website and app?
So, how to trade on the platform? The www.binomo.com website and mobile app interfaces are not very different and to use them, follow these simple steps:
- Login to a real account.
- Choose an asset you wish to trade.
- Enter the number of funds you wish to trade.
- Set the time you want the trade to run for.
- Click on either the green (UP) or red (DOWN) buttons.
If your forecast is correct, then the profitability of the trade can be up to 90%. And if you are still asking how to make money on Binomo, you will be disappointed. Because here traders get additional income using their knowledge and experience.
Deposit and Withdrawal
How to invest money in Binomo? There are many deposit options. You can deposit or withdraw funds using either a bank card or any other e-wallet available in your region. For security reasons, withdrawal of funds is possible to the same payment systems that you used to deposit.
Is Binomo a scam?
Binomo real or fake? So, the platform is not a scam. Binomo is regulated by the International Finance Commission. Its trades have been checked by Verify My Trades. Also, Binomo received the IAIR and FE Awards in 2016 and 2015 respectively.
So, this detailed www.binomo.com review (like on Wikipedia) lets us say the platform is safe. Binomo offers you the opportunity to get additional income from your phone or PC without worrying about being scammed. However, financial trading is risky. There is an equal chance that you could lose your capital.