Here's what you need to know about Binomo in Philippines, websites, and mobile apps for traders

Editor's Note: The online trading platform provides reviews and tips to help you get the most out of your service, from beginners to professionals. Below is their press release.

Are you interested in trading？ In this review, you will learn everything about the Binomo platform. Covers the most important information on how to start trading from anywhere. You`ll learn how to deposit and withdraw funds, how to practice, and what steps are needed to become a professional trader.

What is Binomo？

Binomo is a convenient online platform that allows you to invest and trade without having to contact an agent. Its users earn extra cash on shifts in currencies and other assets. There are four types of accounts available on the platform: Demo, Standard, Gold, and VIP. Depending on the type of account, traders have access to a variety of perks, tools, and bonuses.

For those who are always on the go, the Binomo mobile app is a great way to use the platform everywhere. It has almost the same functions as the Web version, such as training materials and support services.

Where Can I Download the App？

You can trade from your mobile device using the free Binomo app. Just find a yellow logo on Google Play or App Store.

Keep in mind that the Binomo trading app is solely for smartphones and tablets. There is no software for Windows/Mac OS and you won`t be able to obtain it for your PC. Use the web version if you want to log in on Binomo from a desktop.

Is Binomo Safe To Use？

If you're wondering if the platform is safe, genuine, or fake, don't worry, Binomo is a reliable asset trading platform regulated by the International Financial Commission. The platform has also received a verified My Trade Transaction Quality Certificate to provide quality service. Further evidence of platform reliability is the FE Award in 2015 and the IAIR Award in 2016 for global financial and market excellence.

Another way to ensure that the platform is not illegal but secure is to find reviews for websites and apps on the web. You will see positive feedback on the forums of trusted traders and brokers explaining their experience. For more information on whether Binomo is a scam and fraud or legit and safe, click here.

You can also check further details about the company, such as contact information and the head office address, through their website. Additionally, check their LinkedIn profile for the latest updates. The platform regularly informs its users about changes in its news feed.

How does Binomo work？

Some traders new to the platform ask how to play Binomo but eventually discover that this is not a game. Beginners must understand how important it is to learn what the platform is all about, especially how to use the tools and read the charts, before jumping into trading right away. Before heading to the Binomo website where you will find numerous tips and tutorials to help you get familiar with the platform, here`s what you can do to get started:

Sign Up and Log In

Follow the steps below to sign up for Binomo and log in with convenience.

• Go to the Binomo login page on the web version or in the app.

• In the upper right corner choose English or any other language accessible.

• Enter your email address and password or sign in via your Google/Facebook account.

• Select a trading currency.

• After registration, the account currency cannot be altered.

• To avoid breaking the platform`s rules, read and agree to the terms of the Client Agreement and Privacy Policy.

• Select “Create account”.

• You must close your old account before you can open a new one. Having multiple accounts violates Binomo's regulations.

Please note that the company may request documents to verify the identity of the account holder. Today, thanks to Binomo's automated validation process, it only takes a few minutes (unlike the IQ option, which used to take days).

Demo Account

Right after registration, all users of the platform get access to the Binomo Demo account. There you can trade with virtual USD1000 in a secure environment before entering the actual trading world. This practice can reduce the risks of losing your investment.

After you have mastered your skills on the Demo account, make a deposit to trade with real funds. You need to understand that the platform requires fair trade – that`s why you better avoid bots and signals because they can be cheating. Illegal methods can violate Binomo's rules.

Trading Tips

Find answers to frequently asked questions in the Help Center, which acts as a trader's Wikipedia. You will come across various trading strategies on the platform. However, keep in mind that there is no strategy that can guarantee 100% success in a transaction. There is no “winning strategy”. You need to gain experience and trade yourself. Try to learn how to alternate them, and over time you will develop your own approach to prediction. For other questions about the

Binomo platform, use a chatbot or consult a support specialist. Chatbots are available in apps for iOS and Android users. You can also take part in tournaments to earn additional money and improve your skills. The most popular is Daily Free, which has no entry fee.

First Deposit

For users` convenience, there may be quite a number of deposit alternatives to be had for depositing. The maximum famous deposit strategies withinside the Philippines are GCash, Cards, Banks, and Coins. ph even as a few structures like PayPal aren`t to be had. For the overall list, you may take a look at the Help Center.

The minimal sum is USD10. After depositing it, you get a Standard account and prolonged functions.

You can grow the buying and selling quantity via way of means of the usage of deposit and no-deposit bonuses. They may be given via way of means of promotion, via way of means of a private manager, or maybe on the primary deposit while you simply registered a loose Demo account. You handiest want to apply the code or the coupon provided. The gives can be displayed withinside the “Bonuses” segment of your account. More information is defined withinside the phrases and situations of Binomo.

Trading on Binomo

You may marvel at the way to make cash on Binomo however consider that online buying and selling isn't a manner to get quick earnings. By the usage of fixed-time buying and selling (FTT), you may earn greater profits on rate fluctuations. Trading calls for expertise and experience. See the way to open exchange on Binomo:

Choose the asset you`d want to exchange.

Determine the scale of the exchange and the way lengthy you need it to run.

Make a forecast whether or not you consider the chart will pass UP or DOWN. If it`s correct, you get greater earnings; otherwise, you`ll lose the sum invested.

Note! If you've got got an internet site or a social community account with an applicable audience, join up for the BinPartner associate software to earn greater earnings via way of means of referring buyers to Binomo.

How to Withdraw Finances from Binomo？

Traders who need to recognize the way to withdraw cash from Binomo ought to be conscious that they will handiest withdraw finances the usage of one of the fee strategies used for deposits. Withdrawals can take from a couple of minutes to 3 days or more, relying on the sort of the buyers` account and the fee system.

The restricted withdrawal sum is measured as much as USD3,000 in line with day, USD10,000 in line with week, and USD40,000 in line with month. It`s important to maintain in thought that a few fee structures might also additionally put into effect their very own withdrawal limits.

The right information is that there may be no fee whilst retreating finances from the platform. For comparison, IQ Option vs. Binomo costs a fee of USD31 for every transfer.

Note! The minimal withdrawal quantity on Binomo is USD10.

Trade with Binomo today

In this review, we defined how the platform works, its functions, and its rules. Binomo is an internet platform that permits each green and professional buyer to earn greater finances even in the past.

Many academic substances and gear may be accessed till you are making your first deposit. Try contests, study the guides, follow techniques and you`ll develop as a trader. These functions make buying and selling convenient. However, maintain in thoughts that buying and selling are unstable and absolutely everyone can lose all their finances invested.