Salaried or self-employed, everybody wants to earn some extra money, an additional income. If you are one such ambitious Indian, there is a possibility that you are using the Binomo trading platform. However, for those who are not using Binomo, it’s time you do. But before that, let’s answer some basic questions about Binomo online trading.


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What is Binomo?


Binomo is an online trading platform where you can register and start trading. It enables you to trade from the comfort of your home and earn an additional income. But keep in mind, just by registering on Binomo, you will not become a master trader. Online trading is not about luck. You need to acquire knowledge and learn how to analyse charts, statistics, and spot market trends before investing your money in online trading.


With that said, Binomo trading works on Fixed Time Trades (FTT) principles. In this type of trading mechanics, you earn a profit only if your analysis is correct


If you don’t know much about online trading, Binomo app has you covered. Once you register on Binomo, you can utilise the extensive knowledge base available on the platform. It will help you learn more about online trading on the Binomo platform.



Trading is not a game of chance!


Once you open an account on Binomo and learn the basics, you can practice them using the free demo account. Binomo will credit $1000 to your demo account, and you can start practicing trades using the fund. Additionally, you can test your skills by participating in free tournaments. There is also a dedicated help centre to resolve your query.


Is Binomo Safe?


Young Indians are signing up with Binomo trading because it is safe and secure. Binomo is an honest trading platform and a category “A” member of The Financial Commission. In simple words, the fund you deposit in your Binomo account is 100% safe.


The user interface of the Binomo app is quite straightforward. You can register using your Google or Facebook ID. Moreover, depositing and withdrawing fund in your Binomo account is effortless. Visit the cashier section on the Binomo platform and deposit funds using bank cards. One can also use an e-wallet to deposit funds.


Withdrawing the earnings from your Binomo trading account is also seamless. Similar to the deposit process, you can withdraw funds using bank cards or choose an e-wallet. If you face any issue in depositing or withdrawing funds to and from your Binomo account, contact their customer support team.


In a nutshell


Binomo is an online trading platform popular in many countries. It has a strong global presence and popularity owing to its transparent policies and stringent safety measures. Being a category “A” member of The Financial Commission also ensures user safety. But foremost, it is a convenient platform that allows its users to earn an additional income from the comfort of their homes. You just need to have a desire to evolve.


[P.S. – Online trading is not a game of chance or a matter of luck. One needs adequate knowledge, skill, and experience to get an additional income from online trading. Most importantly, trading is subject to market risk. In an ideal situation, you can get a profit, but there is a possibility of losing your money as well.]


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