The Binomo binary options broker is an example of a highly efficient service for executing trading processes with binary options. The broker’s proprietary resource provides the full range of opportunities for traders to achieve stable earnings. The binary broker is considered one of the leaders on the market. This is why investors in the financial market segment trust the company and consider it one of the most reliable platforms for binary options trading. Today we will review and analyze all the tools, services, and operating conditions on the Binomo broker’s terminal, on the basis of which we will make a conclusion about the quality and professionalism of the broker.
Detailed information on the broker’s operating conditions
- The company is registered in the Republic of Cyprus
- Observing body – FMRRC
- Website – https://binomo.com
- The minimum trading account is 10 USD.
- The minimum contract amount is 1 USD
- Level of payouts – up to 87%
- Set of assets – 80 instruments
- Support methods – chat, email, phone, Skype
- Trading terminal – a proprietary service
- Demo account
- Trading training
- Profit withdrawals – from 4 hours to 3 business days
- Payment services – bank cards and electronic payment systems
- A large set of analytical services
Signing up on the Binomo site
The technical process of registering for a trading account on the Binomo binary options broker’s website is very simple and fast. All that a new client of the company needs to do is fill out a simple interactive form on the welcome page:
As you can see, a minimum of personal information is required. After filling in the mandatory fields, a special link will be sent to the trader’s email address to activate the account. Following the link not only makes it possible to start working on the broker’s trading terminal, but also is the first step of client verification, and this is quite an important aspect regarding the trader’s subsequent work on the binary market.
Crediting and withdrawal of funds
The Binomo binary options broker pays close attention to security; therefore, all operations with funds are handled with clients in a specialized, secure section of the site called the “Cashier” page. When entering this section of the site, the investor is offered an interactive service with which to make settlements. Here traders can conveniently familiarize themselves with the company’s bonuses and the list of available payment services.
To credit trading funds, the trader needs to perform two simple operations: specify the amount of capital that will be transferred to their operating account and fill out a special payment form:
The funds for binary trading will be credited instantly to the client’s account.
To withdraw profits from the trading account, the trader simply needs to submit a request:
After that, the funds will be transferred to the client, who will not be charged any commission. The waiting period for the withdrawal of funds is determined by the broker depending on the status of the trader’s account:
- VIP – within 4 hours;
- GOLD – within 24 hours;
- Standard – within 3 business days.
The Binomo broker’s trading terminal
This trading service, which the broker started offering at the time of its appearance on the market, has created a technical revolution. This company has developed its own product and brought to the market a completely new high-tech terminal that allows investors to achieve the highest possible financial results in trading. Today the company’s service offers excellent trading and technical tools.
An operating chart of the biggest possible format with an excellent list of settings: scaling, building periods, chart plotting forms, market history.
A set of services for indicator evaluation of the market.
Options in turbo mode and standard binary contracts.
The expiration period ranges from 60 seconds to 24 hours with the most convenient intervals.
Access to 80 financial instruments for trading.
Transactions with a liquidity level of up to 87%.
Non-stop trading mode.
The speed of registering options is 1.7 ms.
A convenient and informative service for displaying the client’s trading operations.
In addition to the basic services and tools offered by this operator’s terminal, it is worth noting the very convenient and understandable interface of the platform, which for the convenience of trading is divided into special menus and zones.
- A technical zone for customizing the operating chart and market analysis tools:
- A menu for selecting options and financial assets to trade:
- A zone for direct registration of options on the market:
The technical functionality and sets of forecasting tools, along with the best possible stability of the service, allow traders to trade comfortably and with good results.
In addition, the Binomo binary options broker offers its clients ancillary trading terminals in the form of mobile applications that are available in specialized online stores for free:
Training for binary options trading
The technological and innovative aspects of of the broker’s services can be traced back to literally all areas of the company’s work. And the educational section on the site is no exception. There is a training system for beginners which consists of a theoretical course of practical exercises. Clients of the broker can train using the following educational tools:
- professional webinars;
- a knowledge base;
- an interactive manual for beginners;
- video lessons;
- a guide describing the operation of the terminal;
- a demo account.
The binary options broker is a licensed operator, so the security of client funds on this service is provided by a market regulator, specifically the FMRRC. This observing organization fully monitors all areas of the company’s activity and financial operations; therefore, trader funds have the maximum level of protection here.
Taking into account the results of the evaluation and analysis of the broker’s services, as well as the operator’s security level, we can clearly say that Binomo is the most attractive and financially stable platform for options trading. There are few companies of such a professional level on the Russian market offering a wide range of technical services and conditions for profitable trading on binary options.