Is Binomo Trustworthy? |🥇 The most complete guide in Brazil
It has been some time since the way of trading currencies and other shares has changed, it is possible to do all of this online and in the comfort of your home. This new way attracts many people interested in making extra income or even obtaining a form of fixed monthly earnings without much effort. Binomo has emerged as one to be trusted and has grown considerably among the most experienced traders, not ruling out the chance for newbies as well.
This possibility has caused many online trading companies to appear on the market, giving several options to those who like this medium, but also many unreliable platforms have appeared, raising doubts and leaving a lot of traders with both feet behind. But don't worry, there are serious, honest platforms that really offer the opportunity to generate quick profits.
So we decided to get to know this platform better and explain to you, the reader, everything we think about the online negotiator. Read below.
index
Create a Binomo account in 5 steps
- Access the website to create a record
- Confirm the data in the form, or use social media to create an account
- Watch the tutorial to learn how to use the platform
- Click on deposit and choose the desired method
- Click on trade and start trading with Binomo
Binomo, what is it?
Binomo is a popular trading platform for those who are interested in buying and selling currencies, cryptocurrencies, CDFs and etc. online.
Contrary to other companies that have trading platforms for a wide range of operations increasing the risk, Binomo works with the same level of reach but with a low level of trading size.
With many resource options available to the user, Binomo has been helping many people around the world to profit from trading in cryptocurrencies and other assets. The platform is now available in more than 130 countries, in different languages and with an offer of trading in different currencies.
Binomo, how does it work?
The Binomo platform has its “menu” more than 40 different assets for traders to use, and more, it manages to trade in several markets to provide different options for the user to choose.
When compared to other cryptocurrency buying and selling platforms, this larger number of assets can be extremely advantageous for those who wish to cover their trading market.
The software used by Binomo was designed to be fast and functional, in addition to being always up to date and with high quality resources. Helping all users to get the most out of the platform. Your bets are binary, meaning you just need to worry about whether the stock goes up or down and placing your bet.
Its simplicity is already shown when trading, as the “high and low” system does not require much experience to be able to trade your assets. Now let's take you step by step on how to start trading with the platform.
Binomo Trade - How to start trading?
Before we start taking the initial step-by-step, it is important to mention that Binomo is one of the few platforms that has an application. The user can use either the mobile browser or the browser on their computer. And the best thing, if you want, you can use both, your operations are automatically updated and you can view in both without losing anything.
In order to have full access, the best option is to download the platform. So, just go to the app stores, or directly through the link found on this page. You can download both on PC and mobile. See the difference below:
Mobile
Binomo's app is available for all types of devices. It can be found on the Apple store and Google store, running very well on iOS and Android.
PC
Just as you downloaded it on your phone, you can download it on your PC, but right on the drive. On the platform's website they give you that option.
How to open a Binomo account
On the home page of Binómio's website, the user can open their account and register their data. Another very useful feature is that you can link your Facebook or Google accounts if you don't want to go through the registration process. But believe me, it's quick and simple. If you already have an account, click on "Sign in"
The requested data are:
- Full name
- Email address
- Choose your preferred currency (Dollar, Euro or Real)
- I accept the terms of contract and privacy policy
Tutorial
Once you create the account, Binomo takes you through a quick tutorial based on your experience. This tutorial is designed for users to become better acquainted with the platform. Complete the tutorial and soon you will have access to demo and real accounts.
Once you've gone through the tutorial, just click on the button that says deposit and you'll be taken to choose your payment methods.
Minimum deposit
Binomo, in this regard, is one of the top platforms you will find on the internet. They accept different payment methods for Brazil.
Payment methods are:
- Pix
- Wire Transfer
- Ticket
- Lottery
- Neteller and Skrill
- Itaú, Banco do Brasil, Bradesco and Santander
- AstroPay and Safety Pay
- Perfect Money
- Bitcoin and Litecoin
- Jeton wallet
- Advcash
To start trading, the user needs to open a virtual wallet on the platform. For this, the platform asks for a minimum deposit of R$40,00 that's right! Only R$40 Reais.
Choose your payment method, make your initial deposit in the amount that will be charged to your account. Our suggestion is between 40 and 200 reais, so you can feel how the platform works. Also remember that it is possible to get a Binomial coupon.
Binomo, how to invest?
Once the deposit has been made, just click on the button that says trade, and go to the trading interface. The Platform offers a few ways to ensure that all users have equal opportunities and that fit their way of doing business.
As the platform is very intuitive, just click on the green or red buttons to choose whether the chosen asset will appreciate or depreciate and start trading.
Binomo Platform
The Platform gives you options of 4 types of accounts: Demo, Standard, Gold and VIP. It's up to you to choose which one best fits your investor profile. Investments vary according to the accounts the user chooses on the platform
- Demo Account
The demo is more to get used to and train, perfect for beginners. Binomo offers a virtual amount, which the user can use without losing his initial deposit, but it cannot be withdrawn either.
- Standard Account
An account with more basic programming, for those more conservative when investing. With a minimum deposit of U $ 10,00
- Gold Account
Gold is going a little further, with more assets and less known assets as well. But no less profitable. People who already have experience will like it a lot. With a minimum deposit of U $ 500,00
- VIP Account
This is already for those who have a lot of experience and like to risk high. With a minimum deposit of U $ 1000,00
We have already said that platforms that invest in digital currencies are quite common, but few have the varieties that Binomo has and few have. We have also already said that Binomo works with binary options, that is, that the user profits by betting on the low or high of the stock during a certain period of time.
One of the direct competitors of the Binomo platform is the IQ Option, but there are some differences that we will list.
IQ Option or Binomo? Main differences
IQ Option brokerage
It is also a trading platform and it also uses a binary system for its transaction, also using FOREX and MT4
- Easy access
- 24 hour customer service
- Few available assets
- Few deposit and withdrawal options
- Few languages available
Binomial Brokerage
We've already listed some of the broker's advantages, but there are still big differences from the competition that are worth mentioning.
- Easy access
- Multiple languages available
- Ways to deposit and withdraw
- Low initial deposit
- Varieties of currencies
- some assets are not available 24 hours.
Is binomo safe?
Binomo takes into account that the safety of its customers is one of the main concerns of the public and takes this very seriously. For that, Binomo uses its own platform, designed to be encrypted and secure for all customers.
Payment and deposit methods are well known, ensuring that your money is always protected and correctly. This transparency and high level of security is another reason why the trading platform remains a success, especially against its competitors.
Is binomo good?
Like every platform, there are pros and cons, already listed above, but without a doubt Binomo is not only good, it is excellent. The comments and their users leave no doubt about the platform, as we will talk about below.
Our research team was also very satisfied with all the tools available and the services offered by the Binomo platform.
"Reclame Aqui"
We went to the most used Brazilian website for service evaluations, Reclame Aqui. There we saw excellent reviews and some not so good.
Digging deeper into the ratings of the Binomo Claim Here we saw that it is nothing more than the unpreparedness of the user, or the lack of knowledge about the platform. So it is recommended for those who do not understand the subject, who use the demo account.
Binomo Brazil
Cryptocurrency trading operations in general do not yet have their own regulations. There are only a few defense and duty codes for these transactions. However, Binomo is authorized to operate in Brazil and still has the entire interface in Portuguese.
This even helps to make your deposit by bank slip, lottery outlets and by pix. Yes, believe me, for billet and Pix.
Deposit by boleto
This is another great advantage, there are few platforms that offer this form of deposit. Helping the user to deposit wherever they are. The website itself generates a ticket where you can pay at any lottery and it goes straight into your virtual wallet, being available within 4 business days to be able to trade.
Binomo app
Just go to your app store and search for the binomial app. There, the user can download at no cost and enjoy all the advantages in the palm of his hand.
Binomo Strategy
The strategies used by Binomo to help the user are diverse. Binomo usually runs Super VIP Tournaments, where you can win a prize of $ 35.000. In addition, all registered users in the tournament automatically compete for a prize draw, such as a new iPhone.
The Super VIP Tournament is not the only tournament held by Binomo, the user will always find a tournament in progress, just stay tuned for news on the platform. Other strategies are the types of negotiations:
Forex
Forex is the largest decentralized currency market in the world and Binomo gives you access to all currencies. Forex Binomo is one of the most respected in the market.
MT4
MT4 is another platform used for currencies, but is specialized for retail exchange. That is, currencies from all countries are available for exchange. Binomo MT4 gives you the opportunity to get that dollar that you want so much for your trip at a lower price.
Boots
Binomo uses its bot to identify the best rates or deals available, perfect for those who want to save time.
Visit Binomo
Price Plans
The platform does not have a fee on your transactions, nor does it have fees on deposits and withdrawals. There is only a Binomo fee for tournament participation.
Withdrawal fees may exist depending on your bank or card, better check with them directly.
Is Binomo Reliable? our verdict
From what we found, Binomo is a platform that takes service and satisfaction of its users seriously. It does not charge for its services and is totally open to newer and less experienced traders.
Binomo appears to be a reliable broker, and even one of the brokers with the most traders from all over the world.
In our research we saw that if you are looking for a broker that suits the first-time trader, then Binomo seems to be the perfect choice. It is also worth saying that the comments found by users are, without a doubt, very good and help to give credibility to the platform.
Keep in mind that any type of investment or trading involves risks, so do a lot of research, use and abuse the Demo account, ask your questions at the customer service center and trade at your own risk.
FAQ
Binomo gives money?
According to reports, we saw that the user who starts with the standard US $ 10,00 account can profit. The company's website says it can triple that amount in one day. Some even raise more than 400% of the value.
How to change currency in Binomo?
In your virtual wallet, you can see the options for currency exchange, as well as when trading, you can use the exchange bar available on the platform.
How to cash out at Binomo?
Very simple, the user can use the same form of deposit, except the bank slip. Just have any bank account or credit card. Binomo also has other types of virtual wallets and digital withdrawals. Some banks have strict rules regarding this type of operation, as we have already mentioned, check with your bank the amount of fees and the time it takes to receive them.