Binomo uses the most innovative tools and technologies, giving traders a real chance to enjoy the trade and earn extra income. It keeps pace with the times, so in 2016 the developers released a binomo.com mobile app that allows you to trade around the clock from anywhere in the world. Now, traders do not need to be at a PC 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 Binomo trading app, its advantages and disadvantages.
Download the Binomo app
To try trading from a smartphone or tablet, you first need to download the Binomo app on a mobile gadget. To do this, go to Google Play or AppStore, find “Binomo” and click the “Install” button. Installation requires Android 5.0 or iOS 8.0 or more.
You can download the Binomo app for free without additional registrations. In addition, you can always leave a review about the platform in the Google Play or App Store. At the end of the installation, a yellow icon with the Binomo trading platform logo will appear on the gadget screen. The mobile app is ready to go!
Some Android users may have problems downloading the app from Google Play. There is apk Binomo specially for them, available here: https://binomo.com/en/promo/android. Traders from India can also install Binomo apk on their Hindi mobile gadget.
How to log into the Binomo app?
If you do not have an account on Binomo, you can register it through the mobile app. After the first launch, a form will open in which you need to enter a valid email address and password, choose a currency of the account (USD / EUR / local currency), confirm your agreement with the terms of the “Client Agreement”. After that, an email with a link will be sent to your email. After going through it, you confirm the registration and get into your personal account.
Note! You can also use your Facebook or Google account to login to Binomo app.
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 trading, we recommend opening a demo account on the Binomo platform. It will automatically be credited with virtual $1,000. Funds can be used to conclude the first trade and study the functionality of the platform. Remember, these are virtual funds designed exclusively for training.
If you want to engage in real trading, you need to replenish a deposit account in the minimum amount of $5 (for Indian traders). The platform supports most modern payment systems (you can use bank cards and e-wallets). Remember that you can only withdraw funds to the bank card or e-wallet from which the deposit account was replenished.
A brief overview of the functionality of the Binomo app
The Binomo app is similar to the Binomo website. Using the mobile trading platform, you will see:
- List of assets available for trading.
- 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 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 bank card / e-wallet.
- View up-to-date information on current promotions and other beneficial offers.
- Read the “Client Agreement” and “AML Policy”.
- See the history of your transactions.
- Contact firstname.lastname@example.org.
What is the difference between the Binomo app and the PC version?
The Binomo trading app differs from the standard Binomo website 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 three: Alligator, Bollinger waves, SMA. However, this is enough for trading.
It turns out that using the Binomo app you can trade non-stop from almost anywhere You do not have to spend long hours at the computer. 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 additional income at any time. Just don’t forget about the risks that trading carries. You risk losing your deposit without knowledge. You can minimize this risk by continually improving your trading skills.