Binomo is a recognized leader in the binary options trading market. It uses the most innovative tools and technologies, giving traders a real chance to earn money. A financial broker keeps up to date, so in 2016 the developers released a mobile application that allows you to trade around the clock from anywhere in the world. Now, traders do not need to be at a desktop computer or carry a laptop everywhere. It is enough to have a smartphone or tablet running iOS or Android. The article provides a brief overview of the functionality of the mobile platform, its advantages and disadvantages.
Installing the Binomo Mobile Application
To try trading from a smartphone or tablet, you first need to download the app for trading on a gadget. To do this, go to Google Play or Appstore, enter in the search bar “Binomo” or binomo app / binomo apk. Next, select the option “Binomo/Smart Investments”, click the “Install” button and make sure that the amount of available device memory is not less than the file size (mb). Installation requires Android 5.0 or iOS 8.0.
Downloading Binomo is completely free and does not require additional registrations. In addition, you can always leave a review about the platform in the Google Play or App Store. Comments are regularly reviewed by company employees to make improvements to the terminal. At the end of the installation, a yellow icon with the binary broker logo will appear on the gadget screen. Binomo mobile is ready to go!
If you do not have an account on Binomo, you can register it through the mobile application. After the first launch, a form will open in which you need to enter a valid email address and password, select the type (demo or real) and currency of the account (dollars or euros), confirm your agreement with the terms of the “User Agreement”. After that, an e-mail with a link will be sent to your e-mail. After going through it, you confirm the registration and get into your personal account.
If you already have an account on the official Binomo website, you will need to log in to the mobile platform by entering the username and password in the appropriate fields. The application will remember your data and subsequent authorizations will take place automatically, which is very convenient.
For beginners in the field of binary options trading, we recommend opening a demo account on Binomo. It will automatically be credited with $1,000. Money can be used to conclude the first transactions and study the functionality of the platform. Profit will not succeed: these are virtual tools designed exclusively for training.
If you want to engage in real trading or take part in tournaments on Binomo, you need to replenish a deposit account in the amount of $10 or more. The platform supports most modern payment systems: Visa, MasterCard, UnionPay, Webmoney, Qiwi, Neteller, etc. Remember that you can only withdraw funds to the bank card or virtual wallet from which the deposit account was replenished.
A brief overview of the functionality of the mobile version of Binomo
This application is 80% similar to the Binomo stationary site. Using the mobile program, you will see:
- List of assets available for purchase.
- The option of choosing a binary option by category and level to profitability.
- Account switching button: from real to demo and vice versa.
- Button to go to the “Deposit” section.
- Panel for setting parameters of executed contracts (investment name, period, direction).
- Schedule of exchange trading, on which open transactions and the expiration period are visualized.
- Ability to select the chart mode, timeframe, as well as the function of adding indicators.
- The majority opinion indicator.
The left panel contains the history of financial transactions, information about tournaments, a form for contacting Binomo customer support.
In the upper left corner of the mobile terminal there is a button to go to your personal account. With it you can perform additional manipulations, change settings:
- Top up a deposit account or withdraw funds to a card / e-wallet.
- View up-to-date information on current promotions and other beneficial offers.
- Learn the “User Agreement”.
- See the history of your transactions.
- Contact support staff.
- Leave feedback on the Binomo app on the App Store or Google Play Market.
What is the difference of the mobile version of the Binomo website
The gadget application differs from the standard Binomo trading platform in the following parameters:
- reduced number of indicators;
- lack of graphical market analysis (drawing);
- no economic calendar and current news.
The main drawback of this application is the minimum number of indicators. There are only 3, not 14, as in the full version:
- Bollinger waves;
However, in capable hands they are able to work miracles.
The key trading signal of the Alligator indicator is the intersection of red and green lines. Bollinger waves will tell you about the imminent turn of the market, if the upper and lower border of the price crossed. When the candles go beyond the channel, and then return to it – you need to open a deal in the appropriate direction. The SMA signal is even simpler – the point of intersection of the curve with the graph. Basically, you should focus on the Price Action methodology and other systems of non-indicator market analysis.
It turns out that using the Binomo mobile platform you can trade non-stop from almost anywhere in the world. You do not have to spend long hours at the computer in search of profitable deals – you can draw up contracts while sitting on the bus, at a picnic in the park or during a meal in a cafe. This is very convenient and allows you to get good profit as quickly as possible 24/7.