Empowering yourself financially and reliably

New Delhi [India], February 23 (ANI/Mediawire): Everyone welcomes additional income in the contemporary world. Extra income can help one improve their lifestyle and spend on things that matter to them and their family.
However, it is essential to understand the nuances of any supplementary income. With numerous investment options currently available, it is crucial to choose the right platform.
Binomo is a reliable platform for users keen to generate additional income and to become a pro trader. There are several reasons why it is highly recommended. Unlike other platforms that can complicate trading positioning for first-time users, the website is easy to navigate. Moreover, it has a highly secure interface; it uses SSL protocol to ensure that all data is encrypted. The result? Your funds always stay safe during any transaction.
In comparison to other investment forms, Binomo is a fast-moving trading platform. It's time for making a forecast that ranges from 1 minute to 60 minutes, and if this forecast is correct, one can get up to 90 per cent of trade profitability.
Let's break down why many users log onto Binomo to meet their trading goals.
Short-term trading vs long-term investments: In short-term trading of the equity market or the time gap between entry and exit is roughly a few days to a few weeks. On the other hand, long-term investments are those where the investor stays invested in a financial instrument for several years. Although short term trading has a slightly higher risk, the possibilities are broader than a long-term investment.
Fixed Time Trade or FTT on Binomo gives results on a short-term basis. All an investor has to do is predict whether a given asset will be above or below a certain point after a fixed amount of time. It is safer than many other high-risk investments, and the trader knows how much they might get or lose before an investment.
The key benefits of FTT are:
* Known risk and reward
* Convenient to trade, without any complications
* Quick results
For users seeking an expedient and consistent source of additional income, here are some more reasons why they should consider Binomo:
Security of investments: Binomo is a category 'A' member of the International Finance Commission. This neutral and independent dispute resolution organization specializes in financial markets. Getting this accreditation underlines Binomo's reliability and transparency of relationships. What is notable is that the Compensation Fund service included in the membership protects up to EUR20,000 per case to all the traders.
IFC's VerifyMyTrade awarded Binomo the Best Execution certificate. The platform had audited a sample of 5,000 order executions according to generally accepted auditing standards as of 28th January 2022. The audit results pass the criteria for execution quality as defined by VerifyMyTrade.
Moreover, Binomo follows a stringent verification process to improve transparency and safety. Every trader's identity is verified rigorously, along with authentication of the payment method they would be using. This process helps to protect a trader's funds. Verified users can be rest assured that they will always get their funds back in the event of any untoward incident.
Account types and withdrawal limitations: Users have the option of enrolling themselves on four different statuses on the Binomo platform -Demo (Free), Standard, Gold, and VIP. A Demo (Free) status is available to all registered users, and they can trade on the demo account with virtual funds. Moving up to the Standard class is easy; they have to deposit $10 (or an equivalent amount in the local currency). To get Gold status, the user needs to deposit a total of $500 (or an equivalent amount in the local currency). Finally, a user can get a VIP status by depositing a total amount of $1000 (or an equivalent amount in the local currency)
There are several benefits to this multi-tier approach. The higher the status a user opts for, the greater the bonus, additional assets, and profitability in a correct forecast. Binomo offers:
* Welcome bonus - Available within the first 30 minutes of creating an account, it increases the deposit by 25 per cent
* Deposit bonus - It is given when making a deposit. The value of the bonus depends on the amount of deposit and status
* Coupon or promo code - Users can get this in a promotion, from a newsletter or a personal manager.
* Non-deposit bonus - This fixed bonus can be instantly deposited into a real account without making a deposit.
* Risk-free trades - A personal manager usually provides them to the VIP status users.
As per the protocol, fund withdrawal is restricted until the trader is verified. And what's noteworthy is that Binomo takes less than 10 minutes to verify a user.
Convenience for users: Keepingcomfort at the front and center of its platform, users can access their Binomo accounts 24x7. The website also offers instructions and tools in multiple languages, including Hindi and English. Moreover, users can resolve any queries instantly by using the text chatbot. The platform also offers numerous payment options, including bank cards, non-personalized cards, internet banking, Ola Money and QR code.
Demo account helps enhance skills: A significant complaint first-time users have while foraying into real-time trading is their inexperience in this space. Aware of this, Binomo allows them to practice before venturing into this space, improving their skills by practicing on the demo account. In addition to offering them an invaluable learning experience, users can get comfortable with the tools, charts, strategies and analytics before starting with the real account. This helps to minimize any risks.
Reasons to log onto Binomo- Joining Binomo is super-easy. One needs to create an account on the platform by depositing $10 or an equivalent amount. And they are all set to trade in the most popular asset classes - currencies, equities, commodities, to name a few. More people can join and start trading with this trivial initial investment. Binomo offers a free demo account with unlimited virtual funds and a flexible education system, which is useful for first-time investors who wish to hone their skills.
Given the transparency, adherence to stringent protocols, and certifications, Binomo is one of the safest trading platforms for Indian users. With its ease of joining, Binomo is just the answer for anyone looking to accelerate their journey to their trading goals.
Disclaimer: Operations with OTC financial instruments are associated with significant risks. Before trading on the platform, the client needs to analyze their financial capabilities.
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