Binomo UAE review: What is it and How it works

Binomo provides a well structured online trading platform that offers you good benefits of trading. Here is an excellent opportunity in the UAE to make additional income trading online. The Dolphin Corp Company created Binomo and has consistently served its clients well over the years. All the services rendered by the company are accessible via their website and the Binomo mobile application, either the Android or iOs version

?What is Binomo

Binomo UAE review: What is it and How it works

Binomo – your honest trading partner. It is a client-based company that has grown to become one of the most reliable online trading platforms. It has thousands of clients globally even in UAE as well, where it is really thriving. It is legal and safe to trade on Binomo in the UAE. You can learn how to sign up and start trading on the platform below

Sign up and Login

To start trading on Binomo, you need to register on the website. On the homepage of the website, go to the top of the right corner, you will see a Login button there. Click on it, and the Signup page will be shown

Fill in all your details appropriately, your email address, password and the chois currency. You need to choose your preferred currency for the deposit and withdrawal of your funds. It’s good that you read the Client Agreement and Privacy Policy

You can register on the website, so to the main page of the website, at the upper right corner, you will find a “Login” button. Click the button, and then the signup page will be displayed. Once you are done filling in the details, click on the button with “Create an account”. You will get a confirmation email that you have to follow through to confirm your email then your account will be validated so that you can start trading

You can enter binomo through the social network Facebook or Google account

Account Types

Binomo has various types of accounts for online trading. There is a free or demo account that you can use for training

Binomo UAE review: What is it and How it works

Demo Account

After completing your registration, you will receive virtual funds of $1000 in your demo account. Whenever it gets exhausted, it will be replenished to continue your free training. With the demo account, you can trade using a real chart and get hands-on experience with how the platform works. Here you have the opportunity to try out the strategies you’ve learned any ideas you have about trading

Deposit

Binomo allows a minimum deposit of $10, or it’s equivalence with UAE currency. You can deposit that as the least permitted in your trading account

Bonuses

You get bonuses credited to your account by the company to increase your trading potential. They differ depending on the type of account

Standart – up to 100%
Gold – up to 150%
VIP – up to 200%

Withdrawal Methods

You can only withdraw to the account that you use for deposit. You can direct withdrawals to your bank card, or e-wallets available in your region. Your withdrawals will be processed in 1 or 3 days depending on your withdrawal method. Some withdrawal methods still require up to 3 days

The minimum withdrawal on the platform is $10 or its equivalent funds in UAE. Binomo charges no commissions on your deposits and withdrawals. However, commissions may be deducted by your chosen payment system

Verification

It is imperative that you go through the verification process to confirm your identity as the account holder, the same as the payer and payee. The most critical concern is to secure your account as well as your funds appropriately

To complete the verification process, send all the documents required to the Binomo email, support@binomo.com. You are required to send the document that proofs your identity (passport or ID card) and photos of bank cards or screenshots from electronic wallets you made deposit from

Binomo Free Download

Binomo UAE review: What is it and How it works

Binomo has a mobile trading app that you can download either on your Android or iOs devices for easy access. Go to your respective device store either Google Play Store or Apple Store and search for the Binomo app. Download and install on your mobile device; it is user friendly and convenient for trading

Alternatively, it is available for download as Binomo APK (https://binomo.com/en/promo/android). But it only works for Android devices

Benefits

There are lots of benefits that Binomo offer and you don’t want to miss out on them. You get access to free educational resources, analytical data, training to become an expert trade and earning additional income

Tutorial

You need to be tutored adequately before you start trading. Fortunately, Binomo has prepared all the educational resources and tutorials that you need to be trained on the platform. There is free access to the materials and strategies that can help you become an expert trader. You also gain access to analytical data to sharpen your forecasting skills

Support

Binomo UAE review: What is it and How it works
The trading platform Binomo has excellent technical support that is readily available to assist at any time you need it. Should you experience any issues, just reach out to them at chat or email support@binomo.com. They will help you resolve any difficulties you might have

Regulation

Binomo is being regulated by the Financial Commission. Since 2018, it has been a category “A” member. If you have any complaints whatsoever, contact support before reporting to the Financial Commission as Binomo continually strives to be a broker of high reputation

Final Thoughts on Binomo

Binomo offers a fantastic opportunity to make extra income online. It’s possible to make up to 90% profit when you give an accurate forecast

With this trading platform, you can make an extra income from the price fluctuations that happen with the funds’ exchanges. Trading with these price fluctuations does have it’s risks as well. If your forecast is inaccurate, you may lose much of your funds at once. Bear in mind the possible risks

Binomo UAE review: What is it and How it works

FAQs​

?How can I change my account currency

After your account registration, you can no longer change your account currency. It is possible to create a new account using another currency after first exiting the existing one. You need a new email address to register for a new account and the previous account has to be blocked

?What is the use of verification

Verification is necessary identity confirmation of the account holder, the payee, and the payer. The security of your Binomo account, as well as your funds, is the most critical concern

The documents that need verification should be sent from your account email to our email, support@binomo.com

?How can I get a bonus

:These are the steps for getting bonuses

deposit funds in your account (standard)-
input a bonus code to use-
you can activate a no-deposit bonus-

?How can I fund my account

:Take these steps

Visit the Cashier section (https://binomo.com/cashier)-
Choose your preferred payment method-
Type in the amount to credit-
Click Credit-
Follow the given instructions, as stated by the payment system

?How can I take part in tournaments

Click on the “Sign up” button to take part in the tournament. Visit the tournament page and ensure you have funds in your real account equal to or greater than the signup minimum. You can also take part in a daily free tournament

?What is Binomo

Binomo is a trading platform on which you can earn on rises or falls in currency exchange rates, stock prices and indices, commodities, and other assets. We designed the platform and are constantly expanding its capabilities to make trading a pleasant and profitable experience, regardless of the user's level of training.
?How can I become a VIP

To receive VIP status, you need to confirm your mobile phone number in your personal information and make a deposit of a total amount of 1,000 dollars/euros or an equivalent in the account currency.
?Is it possible to withdraw bonus funds?

In order for a bonus to be withdrawn, the amount of trading turnover generated must be equal to the amount of the bonus multiplied by the leverage factor.
The amount of trading turnover depends on the size of the bonus:
- If the bonus amount is less than 50% of the account amount, then the leverage factor for the trading turnover will be 35.
- If the bonus is 50% or more of the account amount, then the leverage factor for the trading turnover will be 40.

Detailed terms on bonuses can be viewed on the account crediting page (https://binomo.com/cashier) after selecting the deposit method, by clicking on the link “Information on Bonuses." You can track your trading turnover progress for a bonus in the Gifts section of the trading page.
?How to withdraw profits

Withdrawals can be made using the card or wallet used to credit the account
You can request a withdrawal in the "Cashier" section
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