What is Binomo and how it works?

What is Binomo?

Binomo is an online trading platform that allows you to buy and sell currencies without any hassle. The main motive of this platform was to make the process of trading cheap and easy. Unlike, in the old times when the trading process was very difficult. you had a find broker and the commission charges of a broker were very high. but now you can easily trade-in Binomo without any brokerage charges or hassle.

This company came into existence in the year 2014 and in these six years, the company has made a huge name in the field of trading. It is an ‘A’ category member of the International Financial commission which makes this trading platform highly reliable and safe. Now, you must be wondering what does financial commission do. See, Financial Commission is an independent self-regulatory organization and external dispute resolution body. They ensure that the traders and brokers are trading in a safe environment and getting their disputes resolved in a quick, efficient and unbiased manner.

How does Binomo work?

What is Binomo

This company is owned and managed by Dolphin Corp.  The company Binomo is very easy to use and beginner-friendly. In this trading platform, you need to first analyse the security whether the security is moving up or down. If according to your analysis the security is moving up you need to place an up trade similarly place a down trade if the security is moving down with a fixed time. After the expired time, the broker will check your trade. If your trade is correct you will earn invested amount plus the rate of return as your profit.

Summary

Binomo is an online digital trading platform that allows you to buy and sell currencies, and commodities & more digitally via their platform.

Their goal was to make trading easy and cheap for traders removing all the traditional hassles. The Binomo is an ‘A’ category broker with a membership of the International financial commission.  So, You can just relax as the platform is highly safe and reliable.

I hope you found this article. helpful. If you have any doubts do comment below.

 

 

 

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