The two leading characters in the stage of a market are buyer and seller or, in other words, a trader and a broker. A trader looks for a required contract that is being offered by a broker at given terms and conditions. And these deals take place in a trading platform. Virtu of a good trading platform is to provide its clients with enough security to trust, a comfortable interface, sufficient essential information, and the opportunity to start without many requirements. One of the basic requirements of the platform Is the initial deposits and money to open an account. The platform that can provide its clients the opportunity to start with less can be an ideal platform for traders to enter the game. And a platform like that is Binomo broker.
Binomo broker created a space in the mind of traders as a safe haven to enter the industry with ease. And now, if you are feeling curious to know more about Binomo, then you are reading the right article.
Binomo is one of the most popular multi-award winning Binary options trading platform. It is known for its impeccable service and extraordinary features and also for its reputation and reliability. Binomo provides its services to users from 133 different countries, with over 887,000 active traders. With more than 3 million traders successful trades every week, Bonomo is undoubtedly one of the biggest brokers in the industry. And all of this is possible for their highly efficient service and low entry requirement.
Binimo aims to provide its users with a user-friendly platform, which is why their innovative ideas are beyond basic. This includes the concept of giving users hotkeys for their actions to be faster. They also provide excellent charts and a fast refreshing system to refresh rates. There are almost 20 types of different charts for technical analysis. Binomo contains individual tabs for every kind of chart and an additional economic calendar. This economic calendar is integrated and can be customized as well. All these features give traders a whole new level of trading experience and comfort.
There are four different tiers of accounts in Bonomo that provide various types of facilities from each tier. These accounts start from 10$ deposit so that anyone can have access to the platform. And there is also a free account, which is a demo account for you to learn before you start. These four types of accounts are Free account, Standard account, Gold account, and VIP account.
Every good broker offers its clients to have a demo account. This helps the new brokers to have an idea of how contracts, market, and price works, and for professional, experienced traders, it helps to create strategies to make a profit. To start a demo or a free account, you don’t need to pay anything; instead, Bonomo gives 1000$ virtual funds to have treading experiences.
Vip account is the topmost tier among all the accounts. With the deposit of 1000$ traders using this account gets many extra features like
- Individual offers
- Investment insurance: To protect your investment
- 100% bonus
- VIP tournaments: access to a competition allows you to earn extra money, and the VIP tournament offers the highest prize.
- 90% max yields
- Four hours to withdraw: payouts will be available in your account by 4 hours in your given method.
- VIP manager: to get extra support and assistance and also helps you to get a bonus.
- 49 assets
A gold account takes fewer deposit fees than the VIP account but yet gives practical benefits to the users. The deposit money to have a gold account is 500$. It provides you more assets than the standard level account with some more extra benefits like
- Investment insurance
- Gold tournaments: Higher chance to earn than standard but lower than VIP tournaments for prize money.
- 86% max yield
- 90% bonus
- 24 hours to withdraw
- Access to 42 different assets
If you are a newcomer in the market, then the standard account is very suitable for you. It only takes 10 dollars deposit to get this account. And for 10 dollars, it provides enough benefits for a starter to get into the game. These benefits are
- Withdraw in three days: this might seem very long, but some brokers take longer
- Standard tournaments: The prize may not be like gold and VIP account, but yet it’s a chance to earn extra.
- 84% max yield
- 80% max bonus
- 39 assets
Assets and instruments
Though there are not many assets yet Bonomo gives access at least 39 assets and 49 assets at max. Binomo provides all the significant types of instruments for traders to invest in. This feature provides traders with a wide range to explore and find a suitable instrument to invest. These assets are
To trade on the go and to not miss any profit-making opportunity, Binomo has its mobile for traders to trading anywhere anytime. There one option that is available in the app which is not there in website and that is notification. If you have the mobile app of Bonomo, then you get information about the trade market or any significant changes taking place in the market. It is very essential to stay update. The mobile app is available n google play store as well as apple store.
Commissions and leverage
Unlike other traditional Binary options brokers, Binomo does not pay leverage. There are plenty of treaders who look for leverage, but there are many benefits of broker not paying leverage, such as when a treader does miss treading or make a loss, then he does not have to pay extra for leverage. And for standard users of binomo, there is no fee of commission as well.
Every coin has two sides, like that every platform also has benefits and drawbacks. Though you get limited assets and investment genres, yet you get an ample amount of profits in Binomo as a binary options broker. With active customer support available through the mail, skype, and chat, you also get enough security to invest in Binomo at very entry requirements. Entry-level investors or traders may not afford a high deposit, which is the requirement of many good brokers, but Binomo is facilitating new traders in this sector.