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An overview of the Binomo broker

The Binomo company is one of the most secure, efficient and client-oriented brokers in the options market of Russia today. This high-level positioning in the market is due to the wide range of specialized high-quality services provided by the professional terminal, and the effective analytics offered by the broker. In our review, we analyze the key aspects of the Binomo broker and make unbiased conclusions on the advantages and disadvantages of the company.

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Overview of the broker – basic information about the Binomo company 

  • Office registered in the Republic of Cyprus
  • License to operate – FMRRC
  • Trading terminal – a platform developed by the broker
  • Minimum value of a contract – 1 USD
  • Trading accounts – from 10 USD
  • Demo platform available
  • Binary options training – free, using a systematic approach
  • Analytics provided
  • Underlying assets – different types, more than 80 items
  • Profitability of trading positions – up to 90%
  • Monetization of trading profit – up to 24 hours
  • Bonuses – classic ones worth up to 100%, promotions, contests, no-deposit promotions
  • Available payment services – MasterCard, Sberbank Online, QIWI, VISA, WebMoney, Alfa-Click, Union Pay, YandexMoney, Neteller.

A wide range of trading services and the best possible trading conditions with an optimal ratio allow for maximum efficiency and effectiveness engagement on this trading platform.

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Signing up with the broker

The Binomo Company has greatly simplified the process of opening trading and training accounts on its website. The entire process takes no more than 3-5 minutes and helps you avoid problems later when trading and completing financial transactions. For complete clarity, we offer step-by-step instructions on opening an account with this brokerage company.

Step #1 – signing up with the Binomo broker begins on the start page of their site, where there is a specialized button giving access to the form:

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Step #2 – in the proposed form, you must fill out the minimum personal information requirement – your email address. Additionally, you must come up with a password that will give you access to your trading account. In the simple form, you can also specify the parameters of your trading account – the type and the currency in which trading operations and profit calculations will be carried out:

overview-of-the-binomo

After accepting the partnership agreement, you will have access to your account on the company’s trading platform. Now, go to the next step to begin trading on the market.

 

Step #3 – The transfer of funds to your trading account. There is a special section on the broker’s site for this process, where you will find a selection of payment services and a list of bonus offers from the broker. You can get to this section by using the “Cashier” button on the trading terminal. Before depositing funds in your trading account, please get to know the bonus system and choose the most convenient payment service for you:

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There is one thing to note, if you deposit and withdraw trading funds using the same payment service, you will not have to undergo verification later.

Now, you will need to specify the amount of the deposit, and continue the process.

 

Step #4 – after entering the amount of the payment, you will be redirected to a secure section where you will need to fill out a billing statement. Depending on the choice of payment service, the form may vary.

 

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Enter the number of a credit card and agree to conduct transactions via the “Make a Payment” button. Your current funds will be credited to the account immediately, and the amount of funds will include your bonuses.

The registration your trading account is complete, and you can start trading on the highly productive binary market.
The broker’s trading terminal

The specialized platform for binary trading from the Binomo company is the main advantage of the broker, which allows clients to achieve maximum results while enjoying convenient and efficient trading. It should be noted that this trading platform was the pioneer in proprietary broker development in the Russian binary market. Binomo specialists carry out constant updates of and add-ons to the terminal; as a result, the following tools and trading services are available on it today:

  • The most convenient and functional  large-format trading chart with the longest list of available custom settings: scaling, variable format quotes, market history, service display of open positions
  • A wide range of chart services for analysis of the market situation. There are simple chart tools, as well as semi-automatic tools: Fork, Hartley, and Fibonacci levels
  • An indicator set with a list of five high-performance indicators
  • Two types of options – classic binary options contracts, and turbo short-term contracts
  • More than 80 assets for different types of trading: stocks, metals, currencies, raw materials
  • The terminal is highly stable and operates non-stop
  • Order processing speed of 1.7 ms
  • A range of contracts from 60 seconds – 24 hours
  • Intuitive interface with individual terminal display settings

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Binary options training

The Binomo broker offers, along with quality trading services, a professional binary options training system, built on the use of innovative training services and assistive technology and information products. Thus, the theoretical trading training program is based on the following materials:

  • A manual for beginners on the market in an interactive form
  • A knowledge base
  • A large selection of videos
  • Webinars

overview-of-the-binomo 

After the theoretical part of the training, the trader can consolidate their knowledge and gain initial practical experience trading on the binary market with the company’s  effective demo platform. The advantage of a demo account is the fact it is designed like the broker’s main trading platform. Thus, a market participant is completely immersed in real market trading mode and can get acquainted in standard operating mode, not only with the nuances of trading, but also with the functionality of the terminal.

Last but not least, the company’s training materials also focus on analytics of the most professional and effective level. A trader is a client of the company who receives the following set of analytics daily:

  • A review and analysis of the news
  • Technical analysis of the market
  • Ready investment ideas

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The Binomo broker’s analytical information allows you to acquire knowledge in options trading market processes, and it can also be used as a means to generate profitable trading forecasts when trading on a real account.

 

Security of the Binomo broker

The Binomo broker’s main field of activity is the Russian segment of the financial market; it is for this reason that the company has, to its credit, a license from a national regulatory authority – the FMRRC. This license speaks to the company’s legality and security in our market. In addition, the regulator’s compensation fund provides additional insurance to clients in the case of illegal actions committed by the company or its bankruptcy. On the basis of this, the Binomo broker can be considered the most secure company for binary trading.

Pros and cons of the Binomo broker

Pros:

  • High-quality professional training
  • A terminal with broad technical capabilities
  • A high level of transaction profitability
  • Quick and easy withdrawals

Cons:

  • A limited choice of options

Let’s summarize – the Binomo broker, in its pursuit of focusing on clients, offers traders a set of professional trading, analytical, and support services that make it possible to use the binary market in the best way possible to profit. This trading platform is user-friendly, productive, high-quality binary trading for all market participants.

Bonuses + shares

What’s remarkable about Binomo? The bonus program:

 

  • Firstly, Binomo is the only broker that gives its clients free options that you can profit from and then immediately withdraw your earnings from your trading account.
  • On the company’s site, you can get up to 9 free options in the amount of 150 USD.
  • Secondly, with the Binomo company, you get up to 85% for each replenishment of your trading account.
  • Thirdly, in addition to the basic bonuses, there are always promotions for account replenishment with bonus codes, which adds +45% to the basic bonus.

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Binomo support

One of the significant factors characterizing the broker is its support team. In this regard, the company is praiseworthy. Client support is provided by well-prepared, qualified personnel, capable of quickly finding solutions to any client problems.

The support team works 24/5 and is always on the client’s side.

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Summary

What can we say about the company as a whole? If you need a broker with good trading software, high profitability of options, achievable conditions to start trading, and free training – Binomo is the way to go.

Focusing on high stock exchange standards, this company is loyal to all its clients. Whether you are an experienced trader, with hundreds of thousands of dollars, or a novice, deciding to try to make money on binary options, Binomo provides all the conditions for self-realization.

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 And that is the most important thing that you can look for in an options company!