Created for multi-asset trading
Binomo is an established trading platform
Read 100% Free Binomo Review by Scamorno Team
FULL REVIEW OF Binomo
Are you looking for more information on Binomo and you want to know more about whether this is really a working and legitimate trading platform? From a quick glance, this company appears to have an emphasis on the technology side of trading. The company is a trading platform that allows its members to benefit from up and down moves in the underlying asset. Binomo’s website states they are, “…a trading platform on which you can ear on rises or falls in currency exchange rates and prices for shares or commodities”.
They aim to attract all levels of traders by allowing them access for smooth trading tool utilization. Given the various trading platforms out there that utilize binary options or binary style products, it is critical that the process is easy and approachable. With their clean website appearance, the first glance appears to be a pleasant one.
How Do You Get Started With Binomo?
How Binomo works is when you land on the homepage of their website is you can sign up right away on the upper right hand corner. From there, they give users ability to test a trade out and explain a few other options on their website. The 2 ways you can trade include an “up” trade or a “down” trade. As you might expect, if you believe the market is going up, you can choose an up trade and if the market is going down you would choose a down trade.
As with any platform or financial institution, the 1st question you should be asking is the service reliable. Binary options have gained a reputation of being misleading so next we will dive into Binomo’s appearance as it pertains to reliability. At first glance, their site gives off a professional appearance and instills confidence. There are some out there that are highly lacking in professionalism and that can be a deterrent right out of the gate.
Given the growth of technology and speed with which information is transmitted, having access to Binomo’s platform and markets at all times is critical. Binomo does offer both an iOS and Android app that allows members to access their accounts and platform.
The only place that seems to have information regarding Binomo’s mobile platform is near the middle section of the home page. They have QR codes that members can scan, which will take them to the applications store of your choice to download the app. There is also an app for the iPad. Having a mobile presence is important and Binomo has that covered.
Binomo Account Types
As with any trading platform, you will want to review the different types of accounts and find what fits your needs. For instance, a platform should at least offer a demo account. This allows you to test drive its platform for free, without risking any of your capital.
Opening A Demo Binomo Account:
At a quick glance, in order to open a demo account you can make use of the Facebook or Google log in option. If you choose not to use those options, you can also choose to enter an email and password to open an account. For those of you residing in the United States, you are unable to utilize this platform.
Opening a demo account is a stress free method to engage with the platform without risking any capital. Ensure this is the right fit for you before risking your capital. Once you’ve test drove the platform, you can then start looking at a live account as you see fit.
Review Verdict: Binomo is a legitimate platform that works
Consumer Fraud Alert Regarding Binomo
The success of Binomo has given rise to many frauds who try to sell their own fake platforms in its name. This is a big issue as many customers have lost their money in buying from such fake sites. It is advised that customers should be really careful when they are purchasing and should do some research before they buy from any website. To spot these, watch out and avoid sites that claim to write about Binomo, yet the write-up is completely garbage and unreadable as they are created by software and spammed all over the internet. It is always better to avoid buying from any other site other than the official one. Therefore, it is highly advised that consumers do careful research, or only buy from the site from the official website here – http://BinomoOfficial.com/ (link opens in a new window). The official website that they have includes the legitimate platform.
Conclusion about Binomo
Overall, this trading platform has all the necessary products to start trading and putting your money to work. However, it appears to be lacking in a some areas such as education, compared to other binary option platforms on the market. The other item to consider the there are not regulated by CySEC, although they have stated it is pending at the time of writing. Binomo.com seem to be a straightforward platform that will get the job done, and if trading is something you are looking to do right now, definitely learn more about Binomo at the button link below!