This broker was founded in 2014 and after 4 years its become the leader in the Crypto currency online trading. It is been regulated with a licence under the FMRRC authority. as we mentioned Binomo specializes in the trade of crypto currency like Bitcoin, Litecoin, Ethereum etc.. But it also operates with normal currencies as the US dollar , euro or the British pound. It provides a great platform to for trading with CFD’s and Forex thanks to the many tools included.
-Can I trust Binomo?
Binomo has received the 2016 IAIR award as well as the 2015 Expo award. It is also been mentioned on the famous magazine Forbes. To our eyes just this makes it a completely trustful broker and anyone shouldn’t doubt that it will provide everything that we are looking for. In the next part we will be reviewing some of the best aspects of this online broker.
-What accounts can we chose in Binomo?
Binomo offers the chance to all its user to open a Demo account to start what we could call “practice trading” with a 1000 virtual dollars to spend. With this account new trader can test how the platform works and check out how it feels to trade with CFD’s. the Demo account also gives the chance to test different strategies and see if we are comfortable trading with them.
After testing the demo account and decided that you want to start with the real thing, Binomo recommends 2 different accounts. The Standard with a minimum deposit of only 1 Dollar or the Gold that asks a minimum deposit of 500 dollars. The standard account provides us with the basic trading tools and a maximum yield of 85%. With the gold account we will receive access to more advanced trading tools and a 5% return of lost transactions. In this case the yield is of 86%.
Binomo rewards the big traders with the VIP account. To have access to this account the minimum deposit is of $1000 and it will give us the most professional tools the platform has to offer and a yield of 90%. A return of 10% of failed trade will also be provided.
We have made a In deep review of Binomo about more of what this great broker has to offer click here and check it out now!