Trading on the Binomo Platform

Published:17 November 2016 Updated:4 January 2024

Greetings everyone! My name is Zhenya, I am 20 years old, and I have been successfully I trade binary options on a dedicated platform Binomo (bonus 100% to deposit by promo code REVIEWEEK100Activate). Since my impressions of trading on the platform of this broker do not fit into the available volume of reviews on specialized portals, I decided to write this material in which I am going to share with beginners and pro traders a full set of advantages and disadvantages of trading in this brokerage company.

So, a few words about the broker Binomo (view site). This brokerage company has a Cyprus registration and a license to provide services in our branch of the financial market, that is – the broker provides only services for binary options trading. On the market this company appeared in 2014, and its services with trading conditions, in my opinion, can be called the most effective for profitable use of this financial instrument.

For quite a long time of cooperation with the broker Binomo, I can highlight its following advantages:

  • Professional and quality training – Starting option tradingI didn’t know at all, What are binary options and how to use them. But thanks to the systematized training in the company, which, by the way, is absolutely free, I was able to get all the knowledge and skills I need for trading in the shortest possible time. The Binomo broker’s website does not offer any complicated tutorials or information that is not suitable for practical use. The entire educational process consists of the following set of approaches:
    1. Step-by-step instructions and interactive tutorial
    2. Video lessons on various topics for practical application in binary trading
    3. Terminology base
    4. Webinars
  • Free Demo Account for trading. Frankly speaking, it was thanks to the training trading on the training platform that I fully understood the principles of option trading. In my opinion, the availability of a training terminal of this level is an indicator of the company’s reliability and quality of its services.

  • And perhaps the main advantage of this broker is its trading platform. Binomo offers for trading a terminal, which is developed by the company itself, which, however, immediately wine on its technical equipment. This terminal has no superfluous functionality – it is equipped with the most necessary tools – a lot of professional indicators, graphical tools, technology of quick execution of trade orders, exact quotes of assets and a lot of settings of the chart itself. Thanks to this I was able, with the help of my previous experience in trading, to create my own trading strategy, which today provides me with a stable profit on the binary market.

Binomo trading conditions – in the options market, a broker with minimum trading conditions is no longer uncommon, but Binomo broker, in this regard, was a pioneer. The initial deposit size of 10$ and the minimum position of 1$ at one time allowed me to start trading with the smallest investment in the safest format. I hasten to tell the skeptics “Do not believe those who argue that you cannot earn with this amount of seed money – it is quite real to make a profit, and my example is the proof of that”! With 10$ start-up capital in just one year you can earn 25 000$!

Of course, the broker has certain disadvantages – the terminal broker Binomo does not provide options, the level of return on which exceeds 90% – “Stairs“, “Border”, and other similar options. However, this fact can not be called a critical minus, because on the overall performance of the trade it is not able to affect, however, to add more varieties of options, the broker could still.

To sum up my opinion about this broker, I can definitely say that I am satisfied with trading with Binomo. During my cooperation I didn’t have any problems and difficulties with the company – quality services, favorable trading conditions, extended set of assets, and most importantly the fastest possible withdrawal of profit (up to 4 hours) allow me to achieve the results which are not available to clients of other trading platforms. That’s why I boldly recommend you this broker. Colleagues traders, you have Binomo you will get a really qualified attitude, which no broker will have, not to mention the trading results!

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Reviews

  • Indicators can not be trusted 100%, they show the past!

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  • Binomo is a fucking scam, try to participate in the tournament. Indicators (MACD, Stochastic, RSI, Bollinger Bands) show oversold – and the market goes down further. How does it feel?! (just lost 3rd place in the tournament).

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