How to Trade Options in India with Binomo

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Broker!
    Perfect for beginners!
    Free Demo Account! Free Trading Education!

  • Binomo
    Binomo

    Only for experienced traders!

How to Trade Options in India with Binomo?

Since its start in 2020, Binomo has expanded in several markets including India. Binomo is an international trading platform that operates in more than a dozen countries around the world.

Initially, the company caters to the needs of customers and traders based in Europe. Thanks to its growing influence, the company’s trading platform is now available for traders based in Africa and Asia.

Trade Using Binomo

Beginners will find the Binomo platform helpful. All new customers and trades can enjoy their unlimited demo account. Also, it’s money trading platform is friendly and affordable. With $10, you can start trading using the platform from Binomo.

Depositing Funds and Payments

Funding your account is fast and easy. You can process your payments through the use of Visa and Mastercard. This payment option is globally-recognized. Also, Binomo supports payments through cryptocurrencies. Aside from these popular payment options, Indian customers can also rely on the use of Neteller, PerfectMoney, and payment transfers using Indian banks.

Binomo is planning to add other payment options that are accessible to traders based in India. If you are looking for a convenient and fast payment option, we highly recommend that you use Neteller.

Training and Quality of Support for Indian Traders

Binomo is highly recommended for traders who are just starting and want to learn. When you sign up for the platform, you can gain access to the following:

  • Instant strategies with step-by-step procedures on how to execute
  • Trader’s dictionary and answers to common questions
  • Video tutorials
  • Unlimited demo account with full access to platform functionality
  • Bespoke training services for VIP traders

Advantages and Disadvantages of Binomo Trading Platform

One of the benefits associated with Binomo is the advanced payment policy, streamlined payments, integration into the Indian payment system, and great payouts. Also, the trading platform is easy to learn and provides users with access to a demo account and training materials.

More importantly, Binomo is fully legal and licensed and has been awarded a category ‘A’ by the International Finance Commission.

Author

More about the author Step

I’ve wanted to build a business of some kind and earn money since I was in middle school. I wasn’t very successful though until my senior year in highschool, when I finally started to think about doing online business. Nowadays I profitably trade binary options full-time and thus gladly share my experiences with you. More posts by this author

You Asked: How to trade at Binomo India?

We Answered.

Binomo is a specialist broker within the binary options trading market and has been in business since 2020. It holds current FMRRC certification as a broker and is therefore regulated by them. There is also a pending licensing application submitted to CySEC in the pipeline.

Binomo offers its services to India and there are four account options currently available: Demo, a free-to-use practice account. Standard, with a $5 minimum trade amount. Gold, with a $500 minimum and VIP, with a $1000 minimum trade requirement.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Broker!
    Perfect for beginners!
    Free Demo Account! Free Trading Education!

  • Binomo
    Binomo

    Only for experienced traders!

Each account has specific features and benefits for binary options traders and full details, together with Terms and Conditions for each type of account, can easily be viewed on the broker’s website.

As the law now stands, Indian citizens are legally allowed to trade in binary options. However, there is no formal regulation for this currently in place within India, and residents are therefore obliged to trade with offshore brokers.

If you are hoping to trade in binary options with Binomo, there are two facts of which you need to be aware. Firstly, this broker does not provide support in any Indian languages, so it is most suited to those who are bi-lingual with English as a second language.

Secondly, Binomo does not currently offer an Islamic (no Riba) account, so if Shariah laws bind you, then, unfortunately, this broker is not suited to your needs. On that particular note, Binomo’s customer support team did state that they are currently investigating possibilities for creating Swap-Free accounts in the future.

If you like this broker, keep checking the website for updates and in the meantime, there is nothing to prevent you from opening a demo account with Binomo to get some practice at trading in readiness.

Trusted United States Websites Updated April, 2020

How to Trade Options in Vietnam with Binomo?

Binomo is a global company that operates mostly in Africa and South America. Also, the company is expanding its services in Asia with a strong focus on Vietnam.

To help attend to the needs of its growing customer base in Asia and Vietnam, its website has been translated into several languages including English and Vietnamese.

Also, it’s customer support services is available in multiple languages which help cater to the needs of a growing number of customers. In this review, we take a look at the services and trading advantages associated with Binomo.

To summarize its benefits, the use of the Binomo platform can deliver the following benefits: terminal functionality, account crediting that starts at $25, 24/7 support, individual payments, fast payments, high-yield contracts, and access to tournaments. Before we explore these benefits, it’s best to learn the following things.

Detailed review of Binomo

Broker Info Bonus Open Account
USA Allowed No
Regulation:
Demo Account: Yes
Min Deposit: $ 10
Minimum Trade Amount: $ 1
FREE DEMO AND LOW MIN DEPOSIT Trade Now! Read Review

Introduction to Binomo

Binomo has been in the business since 2020 and it operates from Cyprus. The International Financial Commission rated Binomo as category ‘A’ in 2020, the highest rating possible for a trading platform.

Trading Conditions for Binomo Vietnam

  • Access to 50 assets with traders putting their money on up/down contracts that run from 1 to 6 minutes
  • Enjoy up to 87% in profit
  • Traders have access to 14 indicators, 4 chart modes, 20 chart tools, and 6-time frames from 1 second up to 5 minutes
  • Customers can choose from 10 payment services and transactions are processed within 4 to 72 hours
  • Terminal functionality for desktop and mobile devices
  • Offers up to 100% bonus
  • Access to tournaments with prize funds of up to $50,000

Binomo Vietnam Accepted Payment Methods

Traders from Vietnam can choose from at least 10 payment options. The list of accepted payment options includes at least 8 local banks and other international payments. Through the years, the company has been known for seamless transactions that are completed in a fast manner. Here’s a list of the top payment options available for traders in Vietnam:

  • Visa and Mastercard
  • Cryptocurrencies like BTC and Litecoin
  • E-wallets like Neteller and WebMoney

You can also rely on Vietnamese payment options like ACB, BIDV, Sacombank, and other Vietnamese banks. Other options available for you are NganLuong, ATM nội địa, QR PAY, and VIETTELPOST. We highly recommend that you use NganLuong since these are designed for local users.

Binomo Vietnam Support Services

is designed for all users including beginning traders. When you sign up for this platform, you can count on detailed step-by-step instructions, FAQ for beginners, and glossary of industry terms. Also, you will find video tutorials that can educate you regarding the tools available and the process. Furthermore, each trader will be awarded a $1,000 free credit on the demo account which can be replenished.

In case of issues, you can easily contact Vietnamese Binomo. Its phone support team is available from 2 to 10 PM local time and you can also call them by Skype. You can also get assistance through email and online chat which is available 24/7.

Final Thoughts on Binomo Vietnam

Binomo is one of the leaders for several reasons. It offers a high-quality trading platform that addresses the needs of its traders. We have already reviewed this platform and checked its pros and cons for traders. Binomo scores big time when it comes to terminal functionality, improved betting conditions, and tournaments.

Author

More about the author Step

I’ve wanted to build a business of some kind and earn money since I was in middle school. I wasn’t very successful though until my senior year in highschool, when I finally started to think about doing online business. Nowadays I profitably trade binary options full-time and thus gladly share my experiences with you. More posts by this author

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Broker!
    Perfect for beginners!
    Free Demo Account! Free Trading Education!

  • Binomo
    Binomo

    Only for experienced traders!

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