Frequent question: Is Binomo safe in India?

Is Binomo Safe? Young Indians are signing up with Binomo trading because it is safe and secure. Binomo is an honest trading platform and a category “A” member of The Financial Commission. In simple words, the fund you deposit in your Binomo account is 100% safe.

Is Binomo illegal in India?

Binomo is a legit platform and not a fake or illegal as some may think. It is legal in India and you can find many positive reviews on the net and on trusted forums like Quora. For assurance that the company is real and not a fraud, head to the website and check the address of their office.

Can I trust Binomo?

No, Binomo is not a scam. Binomo is a legitimate online trading platform that is used by thousands of traders everyday from 133 different countries across the world. This broker is a category “A” member of the IFC (International Financial Commission), which includes up to $20,000 in protection for case disputes.

How can I withdraw from Binomo in India?

Go to the withdrawal in the “Cashier” section. In the web version: Click on your profile picture in the top right corner of the screen and choose the “Cashier” tab in the menu. Then click the “Withdraw funds” tab. In the mobile app: Open a left side menu, choose the “Balance” section, and tap the “Withdraw” button.

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What is the minimum withdrawal in Binomo in India?

The minimum withdrawal amount is $10/€10 or an equivalent of $10 (depending on the currency of the Account). At the discretion of the Company, the minimum Withdrawal amount may be reduced in certain countries.

Is Binomo a gambler?

Binomo is an award-winning financial spread betting platform that offers quotes from leading agencies. Since it is an A Category member of the Financial Commission, it becomes one of the most reliable online platforms for financial betting. Home to a community of 900,538 clients, Binomo is available in 133 countries.

Which is better Binomo vs Olymp trade?

Trading Support Programs

Binomo offers these things while Olymp Trade does not. This is the advantage of Binomo compared to the opponent. Binomo tournaments allow you to start trading without a deposit.

How does Binomo work in India?

Traders Binomo in India can use the web platform in both Hindi and English. Also, they can invest $5 (minimum deposit) and trade on the real account. After logging into Binomo, you will have a demo account where you can learn about asset trading and training.

Which trading app is best in India?

List of the Best Trading Apps in India

  • Upstox Pro App.
  • Zerodha Kite.
  • Angel Broking.
  • Groww app.
  • 5paisa online trading app.
  • Sharekhan App.
  • Motilal Oswal MO Investor App.
  • Edelweiss Online Trading App.

Can we earn money from Binomo?

Interestingly, with a broker such as Binomo, you can earn money without investments. That is why this company is one of the most attractive binary options on the Russian market.

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Should I invest in Binomo?

If you’re wondering whether the platform is safe and real, fake or not, there is no reason to worry because Binomo is a reliable asset trading platform regulated by the International Financial Commission.

Who is the CEO of Binomo investment?

If you google who the CEO of Binomo investment is, what shows up is a Linkedin account name “ MR Kelly Binomo”.

Does Binomo need KYC?

You are free to deposit, trade, and withdraw funds until verification has been requested. Once you’ve received a pop-up notification asking you to verify the account, withdrawal will be restricted, but you are free to trade. … Pass verification to be able to withdraw again.

How do I permanently delete my Binomo account?

In case you actually want to close your Binomo account, you need to complete the following steps: Click on your profile image. Go to the Personal info section. Scroll down and click on the “Block Account” button.

Can I withdraw bonus in Binomo?

Binomo bonus terms and conditions

On activation, the bonus funds become available for withdrawal when the client completes the mandatory trading turnover. The amount of bonus multiplied by the leverage factor gives the mandatory trading turnover.