Is Binomo Reliable for Trading? Secure Ways to Make Money

To address the question of whether Binomo is reliable or not? How to make money safely? First, let's understand what Binomo is? The prominent features of this trading platform as well as the supported types of trading assets.

Secure Ways to Make Money on Binomo

1. What is Binomo?

Binomo is an online binary options trading platform, launched in 2014 and owned by Dolphin Corp, headquartered in St.Vincent and Grenadines, registration number 25151 IBC 2018.

The binary options trading platform currently operates in 133 countries and territories worldwide, including Vietnam, with over 887,470 active traders daily, completing 30,000,000 successful trades weekly.

2. Trading Platform

Binomo employs an exclusive trading platform for all its traders. The platform uses SSL protocol to ensure all data is encrypted and secure, guaranteeing traders' funds are safe under any trading conditions.

Additionally, traders can choose and utilize over 20 different graphical tools for analyzing their trading history and charts. Shortcut keys are used for quick access and execution of online trades, a unique feature on Binomo not found on any other trading platform.

Additionally, the platform integrates economic calendars and independent tabs for different charts. It supports extended features along with the option to start trading with just 1 click without confirmation.

3. Trading Types on Binomo

The Binomo binary options trading platform offers High/Low (also known as call/put) and Turbo trading types. High/Low is a derivative of standard Call/Put orders and is available on all online brokers.

High/Low trading involves predicting whether the market price of an asset will rise or fall within a specific time period. Turbo trading is similar but in a shorter time frame.

4. License and Regulation

Binomo is regulated and is an A-grade member of the IFC (International Financial Commission, an independent organization regulating the financial markets) since 2018. Moreover, the trading platform also has a compensation fund worth up to 20,000 EUR to protect traders from risks.

In addition to being an A-grade member of the IFC, Binomo is also certified by FMMC and is currently in the process of obtaining a license from CySEC.

5. Types of Binomo Trading Accounts

Apart from the Demo account, Binomo traders can choose from one of the following 3 types of accounts:

- Standard Account:

To open this account, a minimum deposit of 10 USD is required. Profit up to 85%. The withdrawal process is completed within 3 business days.

- Gold Account:

Minimum deposit amount is 500 USD. Profit potential of up to 86% from profitable trades, weekly cashback up to 5%, and withdrawal processing within 24 hours.

- VIP Account:

Minimum deposit amount is 1,000 USD and receive up to 100% bonus when opening a VIP account. Profit from profitable trades up to 94%, weekly cashback 10%. Withdrawal within 4 hours.

Moreover, for detailed information on the various types of Binomo trading accounts, their advantages, and disadvantages, readers can refer to this link.

6. Prominent Features of Binomo Platform

- Accessibility

The Binomo platform is designed to be simple, with an easy-to-use and navigable interface. Features and tools are clearly categorized, enabling traders to easily access and use them during trading.

Even opening a demo account is quite simple, requiring only an email address. In case traders do not wish to use an email address, they can log into the platform using their Google or Facebook account.

Furthermore, Binomo also offers mobile applications, allowing traders to access and conduct trades 24/7, even while on the go.

If concerned about language issues, Binomo supports 14 different languages (including Vietnamese) to assist traders worldwide in accessing and trading on the platform easily.

- Types of Trading Accounts

Binomo offers 4 different types of trading accounts, including Demo, Standard, Gold, and VIP accounts. Each account type comes with its own features and pros and cons. Gold and VIP accounts, in particular, offer additional benefits such as faster withdrawals, support for trading multiple assets, and better assistance.

- Trading Assets on Binomo Platform

The Binomo platform currently supports trading 42 different assets, including currency pairs, indices, and cryptocurrencies.

However, the number of trading assets is limited based on the account. To access and trade more types of assets, traders may consider opening a Gold or VIP account.

- Trading Types and Expiry Times

Traders can choose between High/Low trading (with expiry times ranging from 15 to 60 minutes) or Turbo trading (with expiry times ranging from 1 to 5 minutes). Additionally, Binomo also supports executing multiple trades simultaneously.

- Trader Support

Binomo supports traders in Vietnam 24/7, all days of the week, through phone calls, emails, and live chat.

- Fees and Effective Returns

Binomo does not charge fees for executed trades. However, investors may face a 10% deduction if they withdraw funds before executing double the final deposited amount. Profit from profitable trades goes up to 92%, lower than some other platforms which offer profits up to 95%.

- Deposits, Withdrawals, and Bonuses

Payment methods supported by the Binomo platform include: debit/credit cards, JCB, Neteller, Perfect Money, Webmoney, BTC/LTC, Advcash, and Payeer.

Withdrawal processing time ranges from 4 hours to 3 business days depending on the account type. Additionally, VIP accounts may receive bonuses up to 100%.

7. Is Binomo Trustworthy? How to Safely Make Money

Is Binomo trustworthy? How to safely make money on this trading platform is a question that many new investors are still pondering. To answer this question, readers can consider the following aspects:

Firstly, Binomo is currently operating in over 133 countries and territories and is trusted by many investors.

Additionally, this online binary options trading platform is an A-grade member of the IFC (International Financial Commission) and certified by FMMC. By joining the IFC, Binomo asserts its commitment to maintaining the highest standards of behavior and business practices. Moreover, the platform also has a compensation fund worth up to 20,000 EUR to protect traders from risks.

Furthermore, Binomo was ranked in the Top 3 best online broker projects in 2019 and is one of the fastest-growing and innovative platforms in the binary options market. The trading platform has attracted hundreds of thousands of new traders. Another point is that there is currently no information related to Binomo being a scam or fraudulent.

With the above reasons, it can be asserted that Binomo is not a scam or fraudulent. However, to ensure safety, it is advisable to thoroughly research before making investment decisions or trading on the Binomo online binary options trading platform or any other trading platform.

If you're a new trader and unsure how to effectively play Binomo and make money safely, you can refer to winning strategies here for detailed insights.

https://Mytour.vn/san-binomo-co-uy-tin-khong-cach-kiem-tien-an-toan-27942n.aspx
By now, you've probably found the answer to whether Binomo is trustworthy and how to make money safely. If you still have doubts or questions, don't forget to share your thoughts with Mytour.vn.