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Overview of the Binomo trading Platform in Pakistan

  • Written by NewsServices.com

Use the Binomo online trading platform or download the app to start trading online anywhere, anytime. Continue reading if you want to know whether Binomo is safe and find out how it works.

What is Binomo and is it safe?

The most common questions that traders have about Binomo are “How to use this platform '', “Is it real or fake?”, or “What is Binomo app and how does it work”? This is an ingenious online trading platform where traders can earn extra funds on shifts in the exchange rates of currencies and other assets. The app has almost the same functionality as the website and you can use it even being far from your PC.

By typing “www.binomo.com review” on any search engine you can find various traders' opinions about this platform. For example, there are many positive reviews of Binomo on such trusted platforms as Quora.

In addition, Binomo is a category “A” member of the International Financial Commission. The company has also been awarded a certificate from Verify My Trade. VMT is an organization that provides authentication and certification for the standard of trade.

Reviews

Below are a few Binomo reviews given by YouTubers:

Praveen Dilliwala:Binomo is not a fake or scam and using the app is your choice, but what you need is common sense, proper understanding, and trading education provided by Binomo”.

Prince Chandra Tech:The Binomo website is a genuine trading platform but you will need experience and an in-depth understanding of how it works to be able to trade effectively”.

Manoj Kumar:Binomo is a high reward platform that comes with risks so invest smartly”.

Sign in and Login

For people who are not yet members, signing up on Binomo is simple. Just follow the steps mentioned below for hassle-free registration. Besides English, it is available in various languages so choose the one you are familiar with.

  1. Search for binomo.com on the net.

  2. Open the login page.

  3. Type in your email and a strong password.

  4. Choose what currency you want to trade in. Keep in mind that account currency cannot be changed after registration.

  5. Accept the terms of the Client Agreement and click “Create account.”

Binomo also gives new traders the opportunity to watch a tutorial video so that they can get a better understanding of how the platform works.

A tutorial on trading at binomo.com

Some beginners might ask “How to make money on Binomo” but this is not correct because before you start, you need to understand that trading requires education, effort, and analysis. To start follow these steps:

  1. Login to Binomo account.

  2. Choose an asset to trade.

  3. Enter the number of funds you wish to trade by choosing the preferred deposit option.

  4. Set the time that you wish the trade to run for.

  5. Click on the green (UP) or red button (DOWN).

If your forecast is correct, then you will get up to 90% of the profit from the trade. And if the forecast isn't correct, then the amount invested in the trade is not returned.

Demo Account

If you are not sure how Binomo works then the Demo account is a considerable variant for you. Open www.binomo.com, sign in to the platform - so you get a free account and 1000 virtual dollars which you can use in order to learn how to trade.

Participate in tournaments (there is a Daily Free tournament available even on Demo account) and you will have an opportunity to get prizes from the contest. In addition, it is important to know that the use of signals is against Binomo regulation.

Strategies

The strategies mentioned below can be used to earn extra funds on Binomo and minimize the risk of losses. However, it is crucial to understand that no strategy guarantees a 100% result of a trade. Find more information about strategies on the website, practice, and learn how to analyze the market and the factors in order to make a forecast based on your analytics.

Help Center

For further queries regarding trading on Binomo, depositing funds, withdrawing funds or verification, etc, just head to the Help Center section on the website - there are published answers to FAQs. This knowledge base is like Wikipedia where users can learn all the necessary information about trading on the platform.

Deposit and Bonuses

Before you start trading on a real account you need to understand how to invest money in Binomo. It’s very convenient and you can start trading immediately after making an investment in your account. Just follow the steps mentioned below:

  1. Go to the Binomo platform.

  2. Login to your account.

  3. Click on the Deposit button.

  4. Select a preferred payment method.

  5. Select your deposit amount (minimum deposit is $10).

  6. Head to the payment page.

Binomo operates in different countries and the deposit methods vary from country to country but the website and the app are gaining popularity in Pakistan. Funds can be deposited through Easypaisa, CashMaal, Jazz cash, or Perfect Money, etc.

There are three types of bonuses:

  • * Welcome bonus 25%;

  • * Non-deposit bonuses (depending on the current promotions);

  • * Deposit bonuses (they depend on the account status and are given when depositing funds).

Non-deposit bonuses must be activated in the client's account within three days from the moment it is credited. If the bonus is not activated within 5 days of being credited, it is reset.

Note! To withdraw bonuses you will have to complete a specific amount of trading turnover which should be around 35-40 times more compared to the bonus.

Withdraw funds

For security reasons, one can withdraw funds on Binomo only through one of the payment methods through which the deposit was made. Furthermore, withdrawal of funds can take a few minutes or up to 3 days or more. To withdraw funds follow the steps mentioned below:

  1. Choose the withdraw funds section.

  2. Enter the amount you wish to withdraw.

  3. Choose the withdrawal method.

  4. Fill in the remaining requirements.

  5. Click on the withdraw button.

When your request is granted, you will find the confirmation in the “Cashier” section of your account.

Binomo app for iOS and Android

Use the app for investment and trading wherever it’s convenient for you. It can be downloaded from Google Play or App Store and there is also an APK for Android users who had problems downloading the app from Google Play: https://binomo.com/en/promo/android.

How to download the Binomo app on PC

There is no trading app for Windows and no software for computers (PC) in general, so you can trade on the website or download the Binomo mobile app for smartphones or tablets.

Conclusion

Binomo is a great way to trade online for experts and beginners. In addition, the Binomo Demo account is an encouraging choice for new traders to get familiar with the platform before risking their funds. Login on Binomo is straightforward and their customer support seems plausible. Thus, this platform is worth trying out but remember that trading is always connected with risks of losing your funds.

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