How to Register and Verify Account on Binomo

Mar 28, 2024

In the realm of online trading, Binomo stands as a beacon of accessibility and reliability, offering users a platform to engage with global financial markets. Understanding the steps to register and verify your account is fundamental to leveraging Binomo's diverse range of investment opportunities.

How to Register an Account on Binomo

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.

How to Register and Verify Account on Binomo

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 Verify Binomo account

Why do you need to Verify your account on Binomo

Verifying your account on Binomo is mandatory for all users who want to withdraw their funds from the platform. Verification is a process that confirms your identity and address and prevents fraud, funds laundering, and identity theft. By verifying your account, you also prove that you are over 18 years old and that you agree with the terms and conditions of Binomo.

How to Verify your account on Binomo

To verify your account on Binomo, you need to provide documents: proof of identity. You can upload the document in the verification section of your personal profile on the Binomo website or app. The documents must be clear, legible, and valid.

Proof of identity is a document that shows your full name, date of birth, and photo. You can use one of the following documents as proof of identity:

Passport
National ID card
Driver’s license

The document must be in color and show all four corners. The photo must be clear and match your appearance. The document must not be expired or damaged.

1. Log in to your Binomo account using your registered username and password. If you don’t have an account yet, you’ll need to create one before proceeding.

2. Access the pop-up notification and click on the "Verify" option.

Alternatively, open the menu by clicking on your profile picture.

Choose either the "Verify" button or select "Verification" from the menu.

3. You will be directed to the "Verification" page, which displays the list of documents that need verification. Begin by verifying your identity. To do this, click on the "Verify" button next to "Identity document".

4. Prior to commencing the verification process, ensure that you mark the checkboxes and click "Next".

5. From the drop-down menu, select the country where your documents were issued, followed by the document type. Click "Next".

Note: We accept passports, ID cards, and driver’s licenses. Document types may vary by country, so refer to the complete document list at the bottom of the page.

6. Upload the selected document, starting with the front side, and if applicable, the back side (for double-sided documents). Accepted file formats include jpg, png, and pdf.

Please ensure that your document meets the following criteria:

It is valid for at least one month from the upload date.
All information is easily readable (full name, numbers, and dates), and all four corners of the document are visible.

Once you have uploaded both sides of your document, click "Next".

7. If necessary, click "Edit" to upload a different document before submitting. When ready, press "Next" to submit the documents.

8. Your documents have been successfully submitted. Click "OK" to return to the "Verification" page.

9. The status of your ID verification will change to "Pending". The identity verification process may take up to 10 minutes.

10. Once your identity has been confirmed, the status will change to "Done", and you can proceed with verifying your payment methods.

If there is no requirement to verify your payment methods, you will immediately receive a "Verified" status. You will also regain the ability to withdraw funds.

How long does Binomo Verification take

Typically, the verification process for your account is completed in under 10 minutes.

In rare instances, some documents may require manual verification if they cannot be automatically verified. In such cases, the verification period may be extended for a maximum of 7 business days.

While waiting for verification, you can still make deposits and engage in trading activities. However, fund withdrawals will only be possible once the verification process has been successfully completed.

Can I trade without Verification on Binomo

Until the verification process is initiated, you have the freedom to deposit, trade, and withdraw funds from your account. Typically, verification is triggered when you attempt to withdraw funds. Upon receiving a pop-up notification requesting verification, your withdrawal capability will be limited, but you can continue trading without any restrictions. Once you successfully complete the verification process, your withdrawal functionality will be restored. The great news is that our verification process usually takes less than 10 minutes to verify a user.

Tips for successful Binomo Verification

Here are some tips to help you verify your account on Binomo without any problems:

Make sure you use the same name and address for both registration and verification.
Make sure you upload the documents in high quality and avoid any glare or blur.
Make sure you upload the documents in a supported format (JPG, PNG, PDF) and size (up to 8 MB).
Make sure you contact the support team if you have any questions or issues with verification.

Conclusion: Registration and Verification for Success on Binomo

Completing the registration process and verifying your account on Binomo are pivotal steps in establishing a secure and compliant trading environment. Through meticulous registration and verification, you ensure access to the platform’s features while adhering to necessary regulatory standards.