How to Register and Trade at Binomo

Mar 28, 2024

Binomo, a leading platform in the world of online trading, opens doors to an expansive array of global financial markets. Mastering the process of registration and understanding how to trade is essential for users to capitalize on the diverse investment opportunities Binomo presents.

Registering an Account on Binomo: A Step-by-Step Guide

How to Register Binomo Account with Email

Step 1: Visit the Binomo website

The first step is to visit the Binomo website. You will see a yellow button "Sign up". Click on it and you will be redirected to the registration form.

Step 2: Fill in the registration form

There are two ways to register a Binomo account: with your email or with your social media account (Facebook, Google). Here are the steps for email:

Enter a valid email address and create a secure password.
Choose the currency of your account: USD, EUR, or your local currency for all your trading and deposit operations.
Check the box to accept the Client Agreement and Privacy Policy of Binomo.
After filling in the form, Click on "Create account".

Step 3: Verify your email address

After creating your account, you will receive an email from Binomo with a verification link. You need to click on it to confirm your email address and activate your account. If you don’t see the email in your inbox, check your spam or junk folder.

Step 4: Choose the account type and go trading

Binomo offers a demo account to its users to help them practice trading and get familiar with the platform’s features without risking real funds. They are an excellent tool for beginners and experienced traders alike and can help you improve your trading skills before moving on to trading with real funds.

Now you are able to access your demo account. You will get $10,000 in your demo balance and you can use it to trade any asset on the platform.

Demo trading accounts simulate real trading conditions but do not require real money to open orders. The trading conditions are exactly as they would be in the trading account were real.

Once you build confidence in your skills, you can easily switch to a real trading account by clicking the "Real account". Switching to a real trading account and depositing funds on Binomo is an exciting and rewarding step in your trading journey.

Congratulations! You have successfully registered a Binomo account and made your first trade. You can now explore the platform and use the various features and tools to improve your trading skills and results. Remember to always trade responsibly and wisely.

How to Register Binomo Account using Facebook, Google

Step 1: Visit the Binomo website

The first step is to visit the Binomo website. You will see a yellow button "Sign up". Click on it and you will be redirected to the registration form.

Step 2: Fill in the registration form

Choose one of the social media platforms available, such as Facebook or Google.
You will be redirected to the login page of your chosen platform. Enter your credentials and authorize Binomo to access your basic information.
You will be automatically registered and logged in to your Binomo account.

Step 3: Choose the currency and account type.

Select your account currency. The setting can’t be changed after registration.

Then choose the account type to start trading.

Step 4: Access your demo account

You will get $10,000 in your demo balance and you can use it to trade any asset on the platform. Binomo offers a demo account to its users to help them practice trading and get familiar with the platform’s features without risking real funds. They are an excellent tool for beginners and experienced traders alike and can help you improve your trading skills before moving on to trading with real funds.

How to Register an Account on the Binomo App

More than 70% of traders are trading the markets on their phones. Trade on the go conveniently with the Binomo App on your Android or iOS device. In this article, we will go through how to navigate these apps on your preferred device.

1. Install the Binomo app on the Google Play Store or App Store.

2. Open the Binomo app and click [Sign up].

3. Select a registration method, you can choose from Email, Google account, Apple ID, or LINE.

4. That’s it! You have successfully registered your account on the Binomo app.

Features and Benefits of Binomo Trading Account

Binomo is a platform that offers many advantages for traders of all levels, such as:

An interface designed for user-friendliness, making it simple to navigate and customize based on individual preferences.
The platform ensures security and compliance with international standards by employing advanced encryption technology and regulatory measures.
Benefit from a demo account featuring $10,000 in virtual funds, enabling risk-free practice and strategy testing.
Binomo regularly provides its traders with bonuses and promotions, including deposit bonuses and cashback rewards. These incentives can provide additional value and improve the trading experience.
Binomo has a mobile trading app available for iOS and Android devices, allowing traders to trade on the go. The app provides full functionality, including the ability to monitor positions, execute trades, and access market information from anywhere at any time.
Start trading with a minimum deposit of $10 and a minimum trade amount of $1, allowing for low investment entry.
Access a diverse range of assets suitable for trading across various time frames and market conditions.
A unique mode of trading called "Non-stop" that lets you open multiple positions at the same time and continue trading without restrictions.
Utilize the comprehensive education center offering complimentary training materials, tutorials, webinars, and strategies to enhance trading skills.
Receive support from a responsive customer service team, available 24/7 via chat, email, or phone communication channels.

How to Trade on Binomo

How to Place a Trade on the Binomo Website

Binomo is a popular online trading platform that allows you to trade various assets such as currencies, commodities, and more. We will explain how to trade on Binomo in a few simple steps.

Step 1: Choose an Asset
Binomo offers you a wide range of assets. you can find the most popular currency pairs (EUR/USD, AUD/USD, EUR/GBP...), commodities (Gold and Oil...), and variable equities (Apple, Tesla, Google, Meta...). There are 70+ assets in total. You can use the search bar or the filter option to find the asset you want to trade

Step 2: Set the Expiry Time
Once you select an asset, you can choose an expiry time for your trade. Binomo offers a range of expiry options, allowing you to choose a timeframe that aligns with your trading goals. Expiry times can vary from 1 to 5 minutes or 15 minutes to 1 hour. Consider the asset’s volatility and your desired trading duration when setting the expiry time.

Step 3: Set the Amount
You can use the plus and minus buttons to adjust the amount of funds you want to invest in each trade. The minimum amount is $1, and the maximum is $5,000.

Step 4: Predict the price movement
The final step is to predict whether the price of the asset will go up or down by the end of the time frame. You can use the technical analysis tools and indicators provided by the platform to help you make your prediction. Once you are ready, you can click on either the green button for a call option (HIGHER) or the red button for a put option (LOWER).

A call option means that you expect the price of the asset to rise above the strike price by the expiry time.
A put option means that you expect the price of the asset to fall below the strike price by the expiry time.

You will see a countdown timer and a graph showing the price movement of the asset.

Step 5: Wait for the outcome of your trade
You can monitor your trade on the platform or on your mobile app. You will see whether your trade was successful or not when the timer reaches zero. If your prediction was correct, you will receive a fixed payout based on the asset and trade type. If your prediction was wrong, you will lose your investment amount.

That’s it! You have just learned how to place a trade on Binomo.

How to Place a Trade on Binomo App

Step 1: Open the Binomo App: Launch the Binomo app on your mobile device and log in to your account.

Step 2: Choose a Trading Asset: Select the financial instrument or asset you wish to trade from the list of available options. You can also see the payout percentage, the price chart, and the trading time for each asset.

Step 3: Set the amount and the expiration time of your trade: Binomo usually allows you to enter the desired investment amount manually or select from predefined options, which can be as low as $1 or as high as $5,000. Additionally, set the duration of the trade, which can range from 1 minute to 1 hour.

Step 4: Choose the Trade Direction: Determine whether you believe the asset’s price will increase (Green) or decrease (Red) within the selected trade duration. Make your selection accordingly. If your prediction is correct, you will get a gain based on the payout percentage. If your prediction is wrong, you will lose your investment amount.

Step 5: Monitor and Manage the Trade: After placing the trade, closely monitor the asset’s price movement on the app’s real-time charts. You can see your open trades on the bottom of the screen, where you can also view your potential gain or loss. You can also close your trade before the expiration time by clicking on the sell button and accepting the offer.

Binomo Trading Features and Benefits

Secure and Regulated Platform: Binomo is a category A member of the International Financial Commission. This guarantees the company’s customers quality of service, transparency of relations, and protection from a neutral and independent dispute resolution organization.

User-Friendly Trading Platform: Binomo provides a user-friendly platform with a clean and intuitive interface. It is designed to accommodate traders of all skill levels, allowing for easy navigation and efficient trade execution.

Demo Account for Practice: Binomo provides a demo account feature that allows traders to practice trading without risking real funds. This feature is beneficial for beginners to learn the platform, test trading strategies, and gain confidence before transitioning to live trading.

Wide Range of Tradable Assets: Traders on Binomo have access to a wide selection of financial instruments. This includes commodities, currencies, and more, enabling traders to diversify their portfolios and capitalize on various market opportunities.

Advanced Technical Analysis Tools: The platform offers a range of technical analysis tools, indicators, and charting features. These tools assist traders in conducting in-depth market analysis, identifying trends, and making informed trading decisions.

Mobile Trading: Binomo’s platform is available as a mobile application for both iOS and Android devices providing traders with flexibility and convenience by allowing them to access their accounts and trade on the go. The apps offer full functionality, including real-time charts, market analysis tools, and order placement, enabling traders to monitor and execute trades from anywhere at any time.

Competitive Trading Conditions: Binomo strives to offer competitive trading conditions, including low minimum deposit requirements, competitive spreads, and transparent fee structures. By prioritizing these aspects, Binomo aims to foster a trading environment that is easily accessible and favorable for traders of all levels.

Educational Resources: Binomo provides educational resources, including tutorials, video lessons, and webinars, to help traders enhance their knowledge and improve their trading skills. These resources are beneficial for both beginners and experienced traders seeking continuous learning opportunities.

Customer Support: Binomo offers reliable customer support services to assist traders with their inquiries and concerns. Support is available through various channels, including live chat, email, and phone, ensuring traders receive timely assistance.

Embark on Trading Mastery: Registering and Initiating Trades with Binomo

Registering on Binomo and initiating your trades marks the commencement of your journey into the world of online trading. Successfully completing the registration process and delving into trades enables you to harness the platform’s resources, empowering you to make informed investment decisions and engage in various trading opportunities.