Title: ❓ What is Binomo in South Africa and How to trade on the platform - ✅ A detailed review of the trading website and the app

Description: 📊 What is binomo.com and how does this trading platform work in South Africa? Is it a scam or legit? 🔐 How to log in to the website, download an app or apk, start trading and withdraw funds? ❗ Benefits of the trading platform and other information about Binomo in the review.

H1- How to use the Binomo website and the app for convenient trading

What’s www.binomo.com all about and how does it work? This review covers how to use the trading platform in South Africa. Find out whether it is a scam or legit, and learn how to login and conveniently trade anywhere.

H2 - Briefly about what Binomo is

Binomo is a trading platform that enables traders to earn additional income online by forecasting the movement in currency exchange rates along with the change in the rates of other assets. You can quickly learn how it works because the platform provides everything that traders need for education and practice in trading.

H2 - Is Binomo safe or not?

Novice traders ask whether Binomo is legal or a scam or whether it is illegal to trade in South Africa. However, they must be assured that Binomo is safe. The platform is regulated by the International Financial Commission and has received a certificate of quality of trades by Verify My Trade.

The platform was awarded the FE Award in 2015 and the IAIR Award in 2016. You can make your conclusion about the fact if it is legal or fake. Find on the net reviews about the broker that are proof that Binomo is not a fake or fraud but a real and trustworthy company. Also check their address of the head office on the website.

H2 - Sign up and Login

Create an account on Binomo to start using the platform and learn how to close the trade. Check the short tutorial on how to register and login:

1. To sign up, open on the web www.binomo.com (use the English version or apply another language available on the login page).
2. Type in your email and password.
3. Choose a currency and note that you won’t be able to change it later.
4. Carefully read and accept the terms of the Client Agreement and Privacy Policy in order not to violate the rules of the platform.
5. Click on “Create account” to proceed the registration.
6. Confirm your email address and login by typing your email and password.

Note! Creating several accounts is against Binomo regulations.

H2 - Free tutorials

You can find free tips on the Binomo website that aim to provide explanations about the ways of training to beginners and experts. In this way users get a better understanding about how to use Binomo to start investing and trading.

Don’t ask how to make money on Binomo as this is incorrect. Instead, you have an opportunity to get extra income. In the Help Center which is like a Wikipedia for traders you can also familiarize yourself with the process of registering in the BinPartner affiliate program and earn extra profit by referring traders to Binomo.

H3 - Demo account

Demo account on Binomo is a unique feature that allows you to learn how to trade with $1000 of virtual funds. What is it and how does it work? Login on the website and get a free account for practicing. Once you learn the interface and the tools, invest the minimum deposit of $10 and start trading with real funds.

Users will also find a free “Daily free” tournament on all accounts including Demo. Participating in contests will help you get empowerment for future trades on Binomo.

H3 - Help Center

For any further inquiries, head to the Help Center which contains answers to FAQs. However, traders asking “How to play Binomo” won’t find any recommendations because it’s not a game. Instead, the platform requires analysis, practice and experience.

In case you have a personal query, don’t hesitate to contact the Binomo support team where responsive managers help to resolve questions from traders.

H3 - Strategies

Effective use of trading strategies has a significant role when making a forecast. You can find all information about strategies for beginners and experts on the Binomo website. However, keep in mind that no strategy guarantees a 100% result on trade. You will never find any winning strategy as no such thing exists, just practice and improve your knowledge to trade wisely.

Note! Don’t use signals and avoid bots  to save your account.

H2 - Trading on binomo.com step-by-step

Now that you know how to invest in Binomo let’s look at a few simple steps explaining how to trade on the platform. Binomo uses fixed time trades (FTT) which allow you to get an additional income of 90% of your trade size in case of the correct forecast.

Tutorial how to trade:

1. Sign in to your Binomo account.
2. Choose an asset to trade.
3. Choose the trade amount.
4. Set the time that you wish the trade to run for.
5. Make a forecast by clicking UP or DOWN buttons.
6. When you forecast correctly, you get an extra income to your account, and in the opposite case, the funds aren’t returned.

H2 - How to invest money in Binomo?

Let’s find out how to invest cash in Binomo. First, you don’t need to worry because all the process of investment on the trading platform is very convenient. Payment methods on the platform vary from country to country, and in South Africa the popular deposit options are Perfect Money, Mastercard, Visa, Advcash, and Skrill (but f.e. Paypal is not available). Binomo company is not a tax agent, that’s why you can pay taxes on your own.

In some instances, a company may request an ID of the account holder. Until recently the account verification might take several days but currently the automatic service is available on Binomo which allows verifying an account in minutes (vs IQ option where no such service is available).

H3 - Bonuses

Binomo offers three types of bonuses to its users namely Welcome Bonus of 25% that can be acquired after signing up on a free Demo account, as well as non-deposit and deposit bonuses. According to the terms and conditions, traders can have bonus codes or coupons applied during their trading activity. 

H2 - How to withdraw money from Binomo?

There are simple rules regarding withdrawals from Binomo:

• For security reasons, you can withdraw only through one of the payment methods that were used to deposit.
• The minimum withdrawal amount is $10.
• The withdrawal process can take from a few minutes to 3 or more days, depending on the type of account and the chosen payment system.

H3 - Limits

Binomo has a withdrawal limit of up to $3000 per day, up to $10,000 per week, and up to $40,000 per month. Your payment system can also have limitations, please familiarize yourself with these conditions depending on your payment method.

H2 - Download the Binomo app to trade on the go

You can trade on the Binomo platform not only from PC but through the mobile app that can be downloaded from Google Play and App Store. Search for the yellow logo and install it on your phone or tablet.

There is no Binomo trading app for PC or any software for computers (neither for Windows or Mac). Instead, you can login through the desktop version of the website through your browser.

The users facing issues with installing the app for Android are advised not to hack. They can download the free APK at the link https://binomo.com/en/promo/android. To be sure that the app is suitable for you and really convenient for investing and trading, check the traders’ reviews on various forums.

H2 - Should you use Binomo for trading?

In short, we can conclude that Binomo is worth giving a try to as it enables you to trade and invest anywhere, anytime. If you are looking for a platform that is ideal for a beginner trader or even an expert then in both cases Binomo is a reasonable choice.

However, trading comes with the risk of loss of funds so first learn and practice your skills on the Demo account and forecast after you made an analysis.