Are you planning to use Binomo trading platform? Well, this binomo review India article will help you with this. For years, Binomo has been treated as a reliable and legit online trading platform, offering quality services in different countries, including India. If you are thinking, is binomo legal in India or not, the answer is, it is completely legal. The platform is owned by Dolphin Corp. As per the current status, with its presence in 133 countries, it witnesses 960740 daily trading activities. While offering 90 percent maximum earning on the trading, binomo India is quite popular among the users.
There are no such limits or restrictions on the number of trades that can be carried out on the website of Binomo simultaneously. Binomo has obtained all the necessary licenses and certifications. The best part is it offers free training. Keep reading and explore more information about what is binomo platform, and you can decide whether you should use it or not.
Is Binomo Safe?
Is binomo safe? Most of the online traders have this question in their mind. Yes, it is safe to use. In the year 2018, Binomo was listed as the category “A” member of The Financial Commission. So, you can trust its reliability factor.
On the other hand, it facilitates Financial Commission membership. That means the users will get €20,000 worth of protection. What’s more? Every year, Binomo is an audit by the VMT- Verify My Trade and has obtained the VMT certification. If you are still wondering if binomo is real or fake, then don’t worry, you can trust this online trading platform.
Sign-in and login
Well, both the sign-in and login process on Binomo is very simple and easy. If you already have an account, then you can visit the official site and login directly. For sign up, you can use your Facebook or Google account. Once you click on the Login icon, you will see tabs for Google and Facebook. Click on any one of them to get started. Then, put all the required information, choose a currency. Once done, you will get a verification link on your registered email ID. Click on the link to activate your account. You are now ready to use your account to use its trading features.
Account type
Binomo offers four different types of accounts; these are Standard, Gold, VIP, and Free. With its Standard account, you will get support for 40+ assets. The Gold account supports 50+ assets and using the VIP account, you will enjoy trading with 60+ assets.
The deposit bonuses for Standard, Gold, and VIP accounts are up to 100%, 150%, and 200%, respectively. For the new users, the platform also offers a Free or Demo account. The minimum investment requirement is only Rs. 350. You can start trading with Rs.70. Binomo has started to accept local payment systems such as:
- Paytm;
- Net Banking;
- UPI;
- IMPS;
- Globe Pay.
Demo Account
If you are feeling confused about using the platform, then you can learn its features and how it works using its demo account. Using this account, you can learn the trading of 20+ different assets. The environment is just like real accounts. Here you can learn the different trading techniques to enhance your knowledge. Binomo lets you use the demo account using your email ID. You don’t have to fill up a complete form to use this. So, go on and use it now to educate yourself about trading.
How to use Binomo
You don’t have to go through any complex procedures to use the platform. To make it easier for Indian users, Binomo offers binomo in Hindi. Besides, it lets you use the demo account to learn more.
Tutorial
Want to know more about Binomo, trading practices, and its assets? It offers free training and video tutorial, using which you will learn how to use the platform. Even if you are a beginner, you won’t face any issue while using it.
What is Binomo app
Those who love to do trading on the go or want to keep themselves updated about the latest market news; can use Binomo trading app. The app is designed for both Android and iOS devices. The app has all the features and options that you will find with its web version. So, download Binomo apk now and enjoy hassle-free trading.
Conclusion
The trading platform is legal and offers a faster withdrawal feature. Besides, the bonuses are also good. The best part is it helps the new users by offering them free training, which is quite rare. With IFC compliance, Binomo is the legit online trading platform. The trading process is safe and transparent. However, before starting to use it, please go through its Terms and Conditions properly.
