Binomo review - Everything you need to know about the trading platform in India

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The internet has seen the uprise of multiple online trading platforms, but only a few stand out from the rest. Binomo is one such online trading platform, which has become immensely popular in India. Looking at its rising popularity, here comes an in-depth Binomo review so that you can make an informed decision and decide whether you should go with the Binomo trade or not. Read on to know what Binomo is and understand that is safe.

Binomo India - what is it?

If you ask "Is Binomo legal in India?", you will be delighted to know that it is. Binomo India is one of the reliable online trading platforms in the country. Of late, the platform has grown exponentially and is trusted by many. Binomo had its inception in 2014, with the headquarter located in St. Vincent and Grenadines.

Binomo takes the security of its website and app seriously and hence uses SSL protocol. All the data is encrypted. So, if you are thinking about "Is Binomo safe?," the answer is "Yes". Customer data security is immensely critical for a company.

How to use binomo.com?

Before you start trading on the Binomo website, you need to register and understand the principles of trading.

Sign in and Login

Step 1: Visit the official website or app.

First, you will have to sign up and log into Binomo. Just go to the Binomo trading app or website and use your email or Google account.

Start the Binomo sign in process in a different way by filling out a special form.

Step 2: Fill in your details

To register, you will need to add your email address and password. Select the currency for your account (it cannot be changed later) and then read and accept the terms of the Client Agreement. Now click on "Create Account". That's all!

Login process

Step 1: Visit binomo.com

Go to the official website or app, and click on the "Login" button.

Step 2: Enter credentials

You will see a page asking for your registered email and password, enter that, and you will successfully login.

Education

Before choosing any online trading platform, it makes sense to try the platform first. Binomo lets you use a demo account for practice. When you use a Binomo demo account, you are trading virtual currency (1000$ available). Step by step tutorials will help you understand how to use Binomo to get additional income, how to apply strategies, how to read charts and more. Also available are other education sections, like Help Center, Glossary of Terms, Strategies.

Deposit and Withdrawal

The minimum amount that one deposits in their Binomo account is $5. The process is straightforward. One will have to log in, click on the Deposit button, select one of the available payment methods, choose the amount and to deposit.

The minimum amount that one can withdraw is $10. Due to the security reasons, the withdrawal method should be the same that was used for deposit on the account at least one. Indian traders can use the following bank cards and e-wallets: PayTm, GlobePay, NetBanking, Indian exchanger, etc.

As a rule, the withdrawal time depends on the status of your account and payment system and can range from several hours to 3 days or more.

How to download the Binomo app?

Our Binomo review India will give you all the details that you need before trying the platform. Binomo app for invest and trade is available in the Google Play for Android and App Store for iOS.

Visit one of these app stores, search "Binomo", click on download and wait for the installation process to get completed. If you have problems downloading (Android users only), you can download Binomo Apk from the link: https://binomo.com/en/promo/android

Is Binomo a scam or reliable?

Two questions are often asked: "Is Binomo a scam or fraud?". The answer is No. The site is visited by more than 800 thousand active users, and 30 million successful trades are made on the site per week. Therefore, the answer to the question: Binomo is real or fake, is real. This trading platform is a proud member of the International Finance Commission; and has received numerous awards such as the FE Awards and IAIR Awards.

Conclusion

Overall, we hope this Binomo app review has helped you understand how reliable the website and app are (both available in Hindi). We hope you understand how to trade on the platform and consider using it to trade online and geе additional income. But keep in mind that any trade is a risk that can only be mitigated by gaining experience and knowledge.