Today In this era, Financial traders are looking for the best trading platforms with high comfortability and a user-friendly environment. In this article, I am going to cover one such platform name Binomo which has gained huge success with tremendous growth in these recent years.
In this article I will every single question regarding Binomo app such as What is Binomo app? or Binomo App kya hai, Is Binomo App Genuine?, How to deposit money in the Binomo app?, How to withdraw money in the Binomo app?, Is Binomo App Genuine?
What is Binomo app?
Binomo app is an online trading app that was founded in the year 2014. The main aim of the company was to deliver a beginner-friendly platform and a safe trading environment to its users. The company is most popular for Binary Options where you need to predict the security price movement and analyse whether the security will go up or down.
How Binomo app works?
In the Binomo app, You need to predict the underlying security price movement. If your prediction says the price will stay down you need to place a sell trade and vice versa, If your prediction says the price will stay up you need to place a buy trade. Given below is the step-by-step process of How the Binomo app works
- Account registration: First you need to sign up for a new Binomo account. Visit the official app of Binomo and complete the registration process.
2. Make a Deposit: Once you signed up you will land on the Binomo demo account. Here you can practice trading strategies for free. However, If you want to make money with the Binomo trading App. You need to make a deposit using multiple payment methods.
3. Find trading tools: Thirdly, You need to find tools that can assist you in understanding the security price movement. You can use multiple indicators like Stochastic, Parabolic SAR and more
4. Analyse the market: Lastly, You need to analyse the market using the indicators. If according to you the market is bullish you need to place a buy trade and vice versa, If according to you the market is bearish you need to place a sell trade
How to deposit money in the Binomo app?
In order to How to deposit money in the Binomo app follow the steps given below
Step 1: Log in to your Binomo account. In case you don’t have one click here
Step 2: Once you logged in. Click on the deposit button at the top of the page.
Step 3: Select your desired payment method.
Step 4: Enter the amount and enter the promo code. You can check out our latest promo codes.
Step 5: Make the payment. The amount will credited to your account within 2 minutes.
How to withdraw money in the Binomo app
How to withdraw money in the Binomo app: Withdrawing money from the Binomo app is as easy as withdrawing money from the desktop. In order, to withdraw your money from Binomo app follow the steps given below.
Step 1: Login to your Binomo app
Step 2: Click on the deposit button at the top of the page
Step 3: Click on the withdraw funds button
Step 4: Select your desired payment method from the drop-down menu
Step 5: Enter your legit details such as IFSC code, Payment amount, Account number and more
Is Binomo App Genuine?
This is one of the most asked questions whether Binomo is a genuine or trustworthy trading platform. Well, there are multiple parameters via which you can check whether Is Binomo App genuine or not.
- Google Play Store ratings: Binomo has received over 3.5 ratings in the Google Play Store. You can also check the user reviews and make sure to pay attention to both negative and positive experiences.
2. Regulation: Binomo is an A-category and is regulated by the International Financial Commission which ensures the traders are trading in a very safe environment.
3. Educational resources: Binomo offers educational resources to help traders improve their trading skills and understanding of financial markets.
4. Customer support: Binomo has a very good team of customer support however, they currently have only English and Russian support.
5. Withdrawal: Binomo offers multiple payment methods and I have been trading with Binomo since 2020 and received almost all my payments within 7 -8 days.
Conclusion
In conclusion, I can say the Binomo app is a legitimate trading platform that offers access to various financial markets. Binomo is a user-friendly platform and especially a beginner-friendly platform that is regulated by the International Financial Commission. However, Make sure to practice your trading strategies properly on the Binomo demo account and once you have gained enough experience shift to the Binomo real account.