Binomo offers a variety of binary options that allow you to increase your return on investment.
Financial or binary options have been a revolutionary and innovative way of understanding investing and making it accessible to a greater number of people. Its simplicity and short maturity period make it one of the most attractive financial derivatives for the new investor.
They are based on the prediction of the behavior of an asset during a certain time. They are called “binary” because there are only two options as a result, in this case the rise or fall of the price of this asset, which would translate into profit or loss depending on the choice of the operator.
Binary options are a financial derivative and as such depend on the underlying asset; then by monitoring the underlying asset, the trend of the value could be more likely to be correct, which makes it stop being a simple bet to heads or tails.
For example, suppose you have decided to invest $ 200 in an oil call option, which was currently trading at $ 52.35 and offers a return of 70%. If the option expires just one penny above the purchase price, you will get a 70% return, USD 140, in addition to the initial investment, USD 200. In case the option closes below the purchase price , you will not receive anything.
What is Binomo?
There are many brokers that allow you to trade binary options on a online trading platform, among them is Binomo, a leading platform established in Europe that has opened official operations in Mexico and has been operating successfully since 2014, offering quality trading with advanced technology.
As you can see here, Binomo is one of the best binary options trading platforms with which you can earn from the rise or fall of currency exchange rates, the prices of stocks and indices, commodities, and other assets. The platform is designed and its functionalities constantly expanded to make trading a pleasant and profitable experience, regardless of your level of experience.
How to open an account on Binomo?
Opening an account in Binomo is simple and only requires a few steps to start operating, for this requires a personal data registration and an email which will be linked to the account. For even faster registration, the user’s social networks can be used to transfer this data.
What types of account does Binomo offer?
Binomo offers four different account options, each with its own characteristics, which are adapted to the needs of its users.
The first of these accounts is the Demo Account, which allows you to test all the functionalities of the platform without taking risks since it does not require investment. It has a virtual balance of $ 1,000, enough for inexperienced traders to begin to gain confidence and test strategies.
The next of his accounts is the Standard Account, it offers access to the most traded assets with a yield of up to 85%; To open it, it requires a minimum deposit of 10 USD and with this you can make transactions from 1 USD.
Then there’s the Gold Account, which offers an expanded list of assets with a yield of up to 86%, plus higher bonus volume and advisory services. It requires a minimum deposit of 500 USD to open.
To finish this, the VIP Account, which offers a yield of up to 100%, an expanded list of assets, investment assurance tools, analytical support via Skype, as well as special functionalities. This account requires a minimum amount of 1,000 USD to create.
How does Binomo work?
Binomo is an online platform that allows you to operate from home and anywhere in the world. Once registration is complete, you will be able to access the platform without having to download or install any additional software.
It has an intuitive and easy-to-use interface with real-time market quote charts, as well as multiple trading tools. Transactions are made quickly so opportunities can be seized on time with excellent performance. It also has a mobile application for Android and IOS
In the case of deposits, these can be made through different means of payment ranging from bank transfers, Visa and Mastercard credit or debit cards to electronic methods such as Netteller, Skrill, Webmoney, Qiwi and others.
What kind of Trades does Binomo offer?
The vast majority of binary options platforms only offer a standard type of operation, but Binomo offers a variety of binary options that allow you to increase the return on the investment made in a simple way.
Classic Operations: These are the traditional binary options, you choose between the up and down options based on the direction of the price.
One Touch Transactions: Also known as one touch transactions, these not only predict the direction of the price but that it would have to reach a certain level.
Operations on Pairs: It is carried out by facing two assets based on their price behavior.
Turbo transactions: These are operations with a duration of 60 seconds.
Can it be learned with Binomo?
In addition to all the aforementioned advantages, Binomo also offers the opportunity to learn within its platform, since it has a training center where it offers access to electronic books, video tutorials and webinars that undoubtedly help to expand knowledge about trading, prediction. markets and more.
An efficient and professional customer service available 24 hours a day will help you resolve any concern or eventuality, which can be contacted via form, email or by phone.
If you want more information about Binomo you can find it on its YouTube channel or its social networks Facebook or Instagram. You can also download the mobile application from Google Play or the App Store.