Binomo Trading App Review – Scam or Legit? Site For TRUTH
Today, competition in the job market is extremely intense. Anyone with a little edge over you can replace you. This is because jobs are scarce with companies not being able to afford a lot of hiring. Each passing day sees only a worsening of the situation. This creates insecurity for employees, and theyre forced to be subservient to their employers. The employers leverage the situation by offering less pay and harassing their employees.
If youre in the corporate world, you are always unsure about your job. One day, your company makes you feel like a valued employee, and the next month, youre fired. Thats why it is important to have more than a single source of income.
Nobody likes to work after a hard day at work. So, the extra source of revenue must be flexible, effortless to an extent, and exciting. Binary options trading can be extremely profitable if its done sensibly.
Now, in binary options trading, youve to call a position on a particular asset, if its market value will rise or fall at a specific time interval. If you guess it right, you win profits from the trade, and you lose your investment if you get it wrong. This gives you a sense of thrill as well, in addition to winning massive profits.
Binomo is an online binary options trading app. The trading platform was established in 2014 and provides all the features of a top tier trading app. You can trade 70 different assets on the platform, from indices, stocks, commodities to cryptocurrencies, and currency pairs. You have to speculate if, at a certain time interval, the market will go up or down. If your prediction is correct, you win money on the invested money.
The minimum deposit is merely $10 but you can start trading with as low as $1. All you to do is set the time frame for every trade. Time intervals range from 1 minute to 24 hours. Before you place a trade, you can check the profit percentage for every asset, so that you are able to choose the most profitable asset. The platform gives you the feature of a demo account with $1000 that allows you to practice before diving into actual trading.
Standard Account To open a Standard account, you have to deposit $10 only. You can trade most of the assets on the platform with this account. The maximum profit you can get on every trade is 85%. The minimum trading amount is $1, and your winnings get transferred to your account within 3 days.
Gold Account The minimum deposit to open a Gold account is $500. In a Gold account, you get all benefits of a Standard account. Additionally, you get access to more assets, the withdrawal process is faster and you receive funds in your account in 24 hours. There are more exciting bonuses, technical support, and a 5% weekly cashback.
VIP Account This account is suitable for professional traders. You can open a VIP account with $1000. In addition to the benefits of a Gold account, you get bonuses and promotions of up to 100%. You can earn up to 87% profit on every trade, withdrawals within 4 hours, and a 10% weekly cashback.
How to use Binomo?
Step 1: Register on Binomo
The registration process is easy and smooth. Provide your details and complete the registration without paying any registration fee.
Step 2: Practice Trading
The company offers you the feature of a demo account. It allows you to learn new strategies and practice trading with virtual $1000 in your demo account before you begin placing trades in the live account.
Step 3: Fund Real Account
The initial deposit is only $10, and you can start placing orders from $1. The platform allows you to start small.
Step 4: Start Trading
Analyze the market movements and open a position. You have to predict whether the market goes up or down. If youre correct with your prediction, you win profits up to 87%. You lose your investment if you guess wrong.
Step 5: Withdraw Profits
The withdrawal process is quick. You will get your profits transferred to your account (bank account or e-wallet) in 3 days or less.
Benefits of Binomo
The trading platform is open 24 hours a day, 7 days a week. So, you can trade at 2 AM or on a Sunday whenever you wish.
The platform offers you the feature of a demo account. So, before you place trades from your live account, you can learn new skills and practice these skills with virtual $1000 in your demo account.
You have access to over 70 assets.
Binomo has an active, 24/7 customer care service. You can contact them anytime and get your questions answered.
The minimum investment is $10 only. You can start placing trades from $1.
You can earn profits of up to 87% on every trade.
You can download the platforms app on your phone and trade anytime, anywhere.
Does Binomo Have A Mobile Application?
Yes, Binomo has a mobile application, which is compatible with Android and iOS. You can download the app and enjoy it on the go!
Does Binary Options Trading Involve Risks?
Yes, binary options trading has associated risks. You can lose your investment if your speculation is wrong.
How Can You Access The Apps Training Videos And Analysis?
You have to upgrade your account from Standard to Gold or VIP to access Binomos training videos, market analysis, and advice from professionals.
If youre interested in multiplying your money in quick time, youve come to the right place. Binary options trading is an excellent way to multiply your money. Binomo is one of the pioneers in this business. Thousands around the world place their trust in Binomo and use the platform for trading.
Now, there are associated risks with binary options trading. But, you can practice using the demo account. And you can start trading with as low as $1. So, the loss wont hurt. It has the potential to become your second source of income if you use it intelligently. Start trading, register on Binomo today.