How to Deposit and Trade on Binomo

How to Deposit and Trade on Binomo

Binomo provides many different payment options for depositing funds into your trading account.

Depending on your country, you can deposit: such as EUR, USD, or GBP ... to your Binomo account using bank transfer or bank cards.

Let us show you how to make a deposit and make additional funds in this market at Binomo. 


How to Deposit on Binomo

How to Deposit via E-payments on Binomo

Transact conveniently with your trading accounts using E-payments, a global digital wallet service that allows you to deposit instantly regardless of location.


Deposit via Skrill

1. Click on the "Deposit" button in the right top corner.
How to Deposit and Trade on Binomo
2. Choose your country in the “Сountry” section and select “Skrill” method.
How to Deposit and Trade on Binomo
3. Сhoose the amount to deposit and click on the “Deposit” button.
How to Deposit and Trade on Binomo
4. Click on “Copy” button to copy Binomo`s Skrill account email. Then click “Next” button.
Or you can click “How to make a deposit” to get a GIF instruction.
How to Deposit and Trade on Binomo
5. You need to enter a Skrill transaction ID. In order to do that, open your Skrill account then send funds to the Binomo account that you copied the address.
How to Deposit and Trade on Binomo

5.1 Open your Skrill account, click “Send” button and choose “Skrill to Skrill” option.
How to Deposit and Trade on Binomo
5.2 Paste Binomo email address you copied before and click “Continue” button.
How to Deposit and Trade on Binomo
5.3 Enter the amount you want to send then click “Continue”.
How to Deposit and Trade on Binomo
5.4 Click to “Confirm” button to continue.
How to Deposit and Trade on Binomo
5.5 Enter PIN code then click “Confirm” button.
How to Deposit and Trade on Binomo
5.6 Funds sent. Now you need to copy a transaction ID, follow the Transactions page.
How to Deposit and Trade on Binomo
5.7 Choose the transaction that you sent to Binomo account and copy the transaction ID .
How to Deposit and Trade on Binomo
6. Back to Binomo page and paste the transaction ID to the box. Then click “Confirm”.
How to Deposit and Trade on Binomo
7. The confirmation of your deposit process will appear. Also information about your deposit will be in the “Transaction history” page in your account.
How to Deposit and Trade on Binomo

Deposit via AstroPay Card

1. Сlick the “Deposit” button in the top right corner of the screen.
How to Deposit and Trade on Binomo
2. Choose your country in the “Country” section and select the “AstroPay” payment method.
How to Deposit and Trade on Binomo
3. Enter the deposit amount and click the “Deposit” button.
How to Deposit and Trade on Binomo
4. Click “I already have an AstroPay card”.
How to Deposit and Trade on Binomo
5. Enter your AstroPay card information (card number, expiration date, and verification code). Then click “Confirm Deposit”.
How to Deposit and Trade on Binomo
6. Your deposit has been processed successfully. Click “Back to Dolphin Corp”.
How to Deposit and Trade on Binomo
7. Your deposit is confirmed! Click “Continue trading”.

8. To check the status of your transaction, click the “Deposit” button in the right top corner of the screen and then click on the “Transaction history” tab.
How to Deposit and Trade on Binomo
9. Click on your deposit to track its status.
How to Deposit and Trade on Binomo

Deposit via Advcash

1. Click on the "Deposit" button in the right top corner.
How to Deposit and Trade on Binomo
2. Choose your country in the “Сountry” section and select “Advcash” method.
How to Deposit and Trade on Binomo
3. Сhoose the amount to deposit.
How to Deposit and Trade on Binomo
4. You will be redirected to Advcash payment method, click on the “Go to payment” button.
How to Deposit and Trade on Binomo
5. Enter the email address, password of your Advcash account and click on the “Log in to Adv” button.
How to Deposit and Trade on Binomo

6. Select the currency of your Advcash account and click on the “Continue” button.
How to Deposit and Trade on Binomo
7. Confirm your transfer by clicking on the “Confirm” button.
How to Deposit and Trade on Binomo
8. The confirmation of your transaction will be sent to your email. Open your email box and confirm it in order to complete the deposit.
How to Deposit and Trade on Binomo
9. After the confirmation you will get this message about the successful transaction.
How to Deposit and Trade on Binomo
10. You will get the details of completed payment.
How to Deposit and Trade on Binomo
11. The confirmation of your deposit process will be in the “Transaction history” page in your account.
How to Deposit and Trade on Binomo

Deposit via Perfect Money

1. Click on the "Deposit" button in the right top corner.
How to Deposit and Trade on Binomo
2. Choose the "Сountry” section and select “Perfect Money” method.
How to Deposit and Trade on Binomo
3. Enter the amount to deposit. Then click the “Deposit” button.
How to Deposit and Trade on Binomo
4. Enter your member ID, password and Turing number then click on the “Preview payment” button.
How to Deposit and Trade on Binomo
5. A processing fee is deducted. Click on the “Confirm payment” button to process the payment.
How to Deposit and Trade on Binomo
6. You will get a payment confirmation with payment details.
How to Deposit and Trade on Binomo
7. Your transaction is successful. After the payment is completed, it will give you the receipt for the payment.
How to Deposit and Trade on Binomo

 

How to Deposit via Bank Cards on Binomo

In most cases, funds are credited within an hour or even instantly. Sometimes, however, it may take longer depending on your payment service provider. Please check the payment processing time for your country and card brand before contacting Binomo support.


Deposit in Kazakhstan (Visa / Mastercard / Maestro)

1. Click on the "Deposit" button in the right top corner.
How to Deposit and Trade on Binomo
2. Choose “Kazakhstan” in the “Сountry” section and select “Visa / Mastercard / Maestro” method.
How to Deposit and Trade on Binomo
3. Сhoose the amount to deposit.
How to Deposit and Trade on Binomo
4. Fill in your bank card details and click on the “Pay” button.

If your card is issued by Kaspi Bank, then please check in the mobile app that you have activated the payment option on the Internet, and you have not reached your limit. You can also expand the limit in your mobile app.

Also your bank can decline transaction, to avoid it please follow this information:
1. If your bank has a suspicion of fraud, then it declines the operation.
2. Then a random amount is debited from your card (from 50 to 99 tenge).
3. You will asked to enter the amount that was debited. Enter the amount from SMS in mobile app.
4. If the amount is correct, then you will be included in the WHITE LIST.
5. The debited amount will be returned to the card.
6. The next payment will be successful.
How to Deposit and Trade on Binomo
5. Enter a one time password from your bank to complete the transaction.

6. If the payment was successful you will be redirected to the following page with the amount of the payment, date and transaction ID indicated:
How to Deposit and Trade on Binomo


Deposit in Turkey (Visa / Mastercard / Maestro)

You can only use this payment method if you:

  • Have Turkish citizenship (with full ID);
  • Use a Turkish IP address;

Remember!

  • You can make only 5 successful transactions a day;
  • You have to wait for 30 minutes after making a transaction to make another one.
  • You can use only 1 Turkish ID to replenish your account.


You can also use other payment methods.

1. Сlick the “Deposit” button in the right top corner of the screen.
How to Deposit and Trade on Binomo
2. Choose “Turkey” in the “Country” section and select the “Visa / Mastercard / Maestro” payment method.
How to Deposit and Trade on Binomo
3. Choose the deposit amount, enter your first and last name, and press the “Deposit” button.
How to Deposit and Trade on Binomo
4. Fill in your card information and click the “Yatır” button.
How to Deposit and Trade on Binomo
5. An SMS with a code will be sent to your mobile phone. Enter the code and click “Onay”.
How to Deposit and Trade on Binomo
6. Your payment was successful. You’ll be automatically redirected to the next page.
How to Deposit and Trade on Binomo
7. You can go back to Binomo by clicking the "Siteye Geri Dön” button.
How to Deposit and Trade on Binomo
8. To check the status of your transaction, go to the “Transaction history” tab and click on your deposit to track its status.
How to Deposit and Trade on Binomo

Deposit in Arabic countries (Visa / Mastercard / Maestro)

1. Click on the "Deposit" button in the right top corner.
How to Deposit and Trade on Binomo
2. Choose your country in the “Сountry” section and select “Visa”, “Mastercard/Maestro” method.
How to Deposit and Trade on Binomo
3. Сhoose the amount to deposit.
How to Deposit and Trade on Binomo
4. Fill in your bank card details and click on the ”Pay” button.
How to Deposit and Trade on Binomo
5. Confirm the payment with a one-time password code received in an SMS message.

6. If the payment was successful you will be redirected to the following page with the amount of the payment, date and transaction ID indicated:
How to Deposit and Trade on Binomo

Deposit in Ukraine (Visa / Mastercard / Maestro)

1. Click on the "Deposit" button in the right top corner.
How to Deposit and Trade on Binomo
2. Choose “Ukraine” in the “Сountry” section and select “Mastercard/Maestro” or “Visa” method depending on the one you use.
How to Deposit and Trade on Binomo
3. Сhoose the amount to deposit.
How to Deposit and Trade on Binomo
4. Fill in your bank card details and click on the“Pay” button.
How to Deposit and Trade on Binomo
5. Confirm the payment with a one-time password code received in an SMS message.
How to Deposit and Trade on Binomo
6. If the payment was successful you will be redirected to the following page with the amount of the payment, date and transaction ID indicated:
How to Deposit and Trade on Binomo

Deposit in India (Visa / Mastercard / Rupay)

1. Сlick the “Deposit” button in the top right corner of the screen.
How to Deposit and Trade on Binomo
2. Choose “India” in the “Country” section and select the “Visa” payment method.
How to Deposit and Trade on Binomo
3. Enter the deposit amount, your phone number, and click the “Deposit” button.
How to Deposit and Trade on Binomo
4. Enter your card details and click “Pay”.
How to Deposit and Trade on Binomo
5. Enter the one-time password (OTP) that was sent to your mobile number, and click “Submit”.
How to Deposit and Trade on Binomo
6. Your payment was successful.
How to Deposit and Trade on Binomo
7. You can check the status of your transaction in the “Transaction history” tab.
How to Deposit and Trade on Binomo

How to Deposit via Bank transfer on Binomo

You can top up your trading account on Binomo with bank transfers, a payment method that allows you to transact from your bank account to your Binomo account.
 

Deposit via Boleto Rapido

1. Сlick the “Deposit” button in the top right corner of the screen.
How to Deposit and Trade on Binomo
2. Choose Brazil in the “Country” section and select the “Boleto Rapido” payment method.
How to Deposit and Trade on Binomo
3. Enter the deposit amount and click “Deposit”.
How to Deposit and Trade on Binomo
4. You will be automatically redirected to the payment provider’s page. Enter your personal information: your name, CPF, CEP, e-mail address, and phone number. Click “Confirm”.
How to Deposit and Trade on Binomo
5. You can download the Boleto by clicking “Save PDF”. Or you can scan the barcode with your banking app or copy the code.
How to Deposit and Trade on Binomo
6. Log into your bank account app and click “Pagamentos”. Scan the code with your camera. You can also insert the Boleto numbers manually by clicking on “Digitar Números”. When you scan or insert the Boleto numbers, you will be redirected to the confirmation page. Check if all the information is correct, and click “Confirmar”.
How to Deposit and Trade on Binomo
7. Check if the sum is correct and click “Próximo”. To conclude the transaction, click “Finalizar”. Then enter your 4-digits PIN to confirm the transaction.
How to Deposit and Trade on Binomo
8. To check the status of your transaction, go back to the “Transaction history” tab and click on your deposit to track its status.
How to Deposit and Trade on Binomo

Deposit via Itau

1. Сlick the “Deposit” button in the top right corner of the screen.
How to Deposit and Trade on Binomo
2. Choose the country and select the “Itau” payment method.
How to Deposit and Trade on Binomo
3. Enter the deposit amount and click “Deposit”.
How to Deposit and Trade on Binomo
4. You will be automatically redirected to the payment provider’s page. Choose Bradesco and enter your personal information: your name, CPF, CEP, e-mail address, and phone number. Click “Confirm”.
How to Deposit and Trade on Binomo
5. Note down the PIX Key. Don’t close this page just yet, so you can complete the payment by downloading the receipt.
How to Deposit and Trade on Binomo
6. Log into your Itau app. Tap on the “PIX” menu.
How to Deposit and Trade on Binomo
7. Tap “Transferir” and enter the PIX key – e-mail address from step 5. Tap “Continuar“.
How to Deposit and Trade on Binomo
8. Check if the sum of the deposit is correct and tap “Continuar”. Make sure that all payment details are correct and click “Pagar”. 
How to Deposit and Trade on Binomo
9. Enter the deposit amount, select the type of account, and click “Continue”.

10. Select the date and click “Continue”.

11. Check if everything is correct and click “Confirm”. Then enter your security code.

12. The payment is complete. Take a screenshot of the receipt.
How to Deposit and Trade on Binomo
13. Go back to the page from step 5 and click on the “Click here to send proof” button.
How to Deposit and Trade on Binomo
14. Enter your bank details and click “Upload” to upload your receipt.
How to Deposit and Trade on Binomo
15. To check the status of your transaction, go back to the “Transaction history” tab and click on your deposit to track its status.
How to Deposit and Trade on Binomo

Deposit via PicPay

1. Сlick the “Deposit” button in the top right corner of the screen.
How to Deposit and Trade on Binomo
2. Choose the country and select the “PicPay” payment method.
How to Deposit and Trade on Binomo
3. Enter the deposit amount and click “Deposit”.
How to Deposit and Trade on Binomo
4. You will be automatically redirected to the payment provider’s page. Enter your personal information: your name, CPF, CEP, e-mail address, and phone number. Click “Confirm”.
How to Deposit and Trade on Binomo
5. A QR code will be generated. You can scan it with your PicPay app.
How to Deposit and Trade on Binomo
6. Open your PicPay app, click “QR code”. Scan the code from the previous step.
How to Deposit and Trade on Binomo
7. Choose a payment method and tap “Pagar”. Enter your bank card details, tap “Continuar”.
How to Deposit and Trade on Binomo
8. Enter your PicPay password and tap “Continuar”. You’ll see a confirmation of your payment.
How to Deposit and Trade on Binomo
9. To check the status of your transaction, go back to the “Transaction history” tab and click on your deposit to track its status.
How to Deposit and Trade on Binomo

Deposit via Pagsmile

1. Сlick the “Deposit” button in the top right corner of the screen.
How to Deposit and Trade on Binomo
2. Choose the country and select one of the payment methods.
How to Deposit and Trade on Binomo
3. Enter the deposit amount and click “Deposit”.
How to Deposit and Trade on Binomo
4. You will be automatically redirected to the payment provider’s page. For payments via Boleto Rápido and Lotérica, enter your personal information: your name, CPF, CEP, email address, and phone number. Click “Confirmar”.
How to Deposit and Trade on Binomo
5. For payments via PicPay or one of the following banks you can select on the screen, Itaú, Santander, Bradesco e Caixa, enter your personal information: your name, CPF, e-mail address, and phone number. Click “Confirmar”.
How to Deposit and Trade on Binomo
6. In order to finish the payment using Boleto Rápido, download the Boleto by clicking “Salavar PDF”. Or you can scan the barcode with your banking app or copy the code.
How to Deposit and Trade on Binomo
7. In sequence to finish the payment using Lotérica, take a note of “Código de convênio” and your “Número de CPF/CNPJ” and go to the nearest “Lotérica” to make the payment.
How to Deposit and Trade on Binomo
8. To complete the payment via PicPay, please notice that a QR code will be generated. You can scan it with your PicPay app using the step-by-step guide in this link.
How to Deposit and Trade on Binomo
9. In order to finish the payment using Bank Transfer, please note down the PIX Key. Don’t close this page just yet, so you can complete the payment by downloading the receipt. Next, click on the name of the bank to see the step-by-step guide on how to complete the deposit via Itaú, Santander, Bradesco, and Caixa.
How to Deposit and Trade on Binomo
10. To check the status of your transaction, go back to the “Transaction history” tab and click on your deposit to track its status.
How to Deposit and Trade on Binomo
11. If you have any questions, please do not hesitate to contact us via our chat, telegram: Binomo Support Team, as well as via our email: [email protected]

Deposit via Santander

1. Сlick the “Deposit” button in the top right corner of the screen.
How to Deposit and Trade on Binomo
2. Choose the country and select the “Santander” payment method.
How to Deposit and Trade on Binomo
3. Enter the deposit amount and click “Deposit”.
How to Deposit and Trade on Binomo
4. You will be automatically redirected to the payment provider’s page. Choose Bradesco and enter your personal information: your name, CPF, CEP, e-mail address, and phone number. Click “Confirm”.
How to Deposit and Trade on Binomo
5. Note down the PIX Key. Don’t close this page just yet, so you can complete the payment by downloading the receipt.
How to Deposit and Trade on Binomo
6. Log into your Santander account. Click on the “PIX” menu and then click “Transfer”.
How to Deposit and Trade on Binomo
7. Select “Pix e Transferências”. Then select “Fazer uma transferência”.
How to Deposit and Trade on Binomo
8. Fill in the account information to make the bank transfer. Click “Continuar”.
How to Deposit and Trade on Binomo
9. The payment is complete. Save the receipt by clicking “Salvar en PDF”.
How to Deposit and Trade on Binomo
10. Go back to the page from step 5 and click on the “Click here to send proof” button. Enter your bank details and click “Upload” to upload your receipt.
How to Deposit and Trade on Binomo
11. To check the status of your transaction, go back to the “Transaction history” tab and click on your deposit to track its status.
How to Deposit and Trade on Binomo

Frequently Asked Questions (FAQ)

When the funds will be credited to my account?

Most payment systems process transactions instantly after the confirmations been received, or within a business day. Not all of them, though, and not in every case. The actual completion time depends heavily on the payment provider. Usually, the terms are specified on the providers website or displayed during the transaction order.

If your payment remains "Pending" for more than 1 business day, or it is completed, but the funds have not been credited to your account, please contact us at [email protected] or in the live chat.


Is that safe to send you funds?

Its totally safe if you deposit through the "Cashier" section on the Binomo platform ("Deposit" button in the top right corner). We only cooperate with trusted payment service providers that comply with security and personal data protection standards, such as 3-D Secure or the PCI standard used by Visa.

In some cases, when making a deposit, youll be redirected to our partners websites. Dont worry. If youre depositing through "Cashier", its completely safe to fill in your personal data and send funds to CoinPayments or other payment service providers.


My deposit didn’t go through, what do I do?

All unsuccessful payments fall under these categories:

  • Funds haven’t been debited from your card or wallet. The flowchart below shows how to solve this problem.

How to Deposit and Trade on Binomo

  • Funds have been debited but not credited to the Binomo account. The flowchart below shows how to solve this problem.

How to Deposit and Trade on Binomo
In the first case, check the status of your deposit in the “Transaction history”.

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 “Transaction history” tab.
How to Deposit and Trade on Binomo
In the mobile app: Open the left side menu, choose the “Balance” section.

If the status of your deposit is “Pending”, follow these steps:

1. Check the instruction on how to deposit with your payment method in the Deposit section of the Help Center to make sure you didn’t miss any steps.

2. If the processing of your payment takes longer than a business day, contact your bank or digital wallet provider to help you indicate the problem.

3. If your payment provider says that everything is in order, but you still haven’t received your funds, contact us at [email protected] or in the live chat. We will help you to resolve this issue.

If the status of your deposit is “Rejected” or “Error”, follow these steps:

1. Click on the rejected deposit. In some cases, the rejection reason is indicated, like in the example below. (If the reason is not indicated or you don’t know how to fix it, go to step 4)
How to Deposit and Trade on Binomo
2. Resolve the problem, and double-check your payment method. Make sure it’s not expired, you have sufficient funds, and you’ve entered all the required information correctly, including your name and SMS confirmation code. We also recommend checking the instruction on how to deposit with your payment method in the Deposit section of the Help Center.

3. Send your deposit request again.

4. If all the details are correct, but you still cannot transfer funds, or if the rejection reason is not indicated, contact us at [email protected] or in the live chat. We will help you to resolve this issue.

In the second case, when the funds have been debited from your card or wallet, but you haven’t received them within a business day, we’ll need to confirm the payment to track your deposit.

To help us transfer your deposit to your Binomo account, follow these steps:

1. Collect a confirmation of your payment. It can be a bank statement or a screenshot from the banking app or online service. Your first and last name, the card or wallet number, the payment sum, and the date it’s been made should be visible.

2. Collect a transaction ID of that payment on Binomo. To obtain transaction ID, follow these steps:

  • Go to the “Transaction history” section.

  • Click on the deposit that has not been debited to your account.

How to Deposit and Trade on Binomo

  • Click the “Copy transaction” button. Now you can paste it in a letter to us.

How to Deposit and Trade on Binomo
3. Send the confirmation of payment and a transaction ID to [email protected] or in a live chat. You can also briefly explain the problem.

And do not worry, we will help you track your payment and transfer it to your account as quickly as possible.

How much time does it take for funds to be deposited into my account?

When you make a deposit, it gets assigned with “Pending” status. This status means that the payment provider is now processing your transaction. Each provider has its own processing period.

Follow these steps to find the information about the average and maximum transaction processing time for your pending deposit:

1. Click on your profile picture in the top right corner of the screen and choose the “Cashier” tab in the menu. Then click the “Transaction history” tab.

For mobile app users: open the left side menu, choose the “Balance” section.
How to Deposit and Trade on Binomo
2. Click on your deposit to find out the processing period for your transaction.dep_2.png
How to Deposit and Trade on Binomo
Note
. Usually, payment providers process all deposits within a few hours. The maximum transaction processing time is rarely relevant and is often due to national holidays, payment provider’s regulations, etc.


Do you charge for depositing?

Binomo never takes any fee or commission for depositing funds. Its quite the opposite: you can get a bonus for topping up your account. However, some payment service providers may apply fees, especially if your Binomo account and payment method are in different currencies.

Transfer fees and conversion losses vary greatly depending on your payment provider, country, and currency. Its usually specified on the providers website or displayed during the transaction order.

How to work Binomo Trading

What is an asset?

An asset is a financial instrument used for trading. All trades are based on the price dynamic of a chosen asset. There are different types of assets: goods (GOLD, SILVER), equity securities (Apple, Google), currency pairs (EUR/USD), and indices (CAC40, AES).

To choose an asset you want to trade on, follow these steps:

1. Click on the asset section in the top left corner of the platform to see what assets are available for your account type.
How to Deposit and Trade on Binomo
2. You can scroll through the list of assets. The assets that are available to you are colored white. Click on the assest to trade on it.
How to Deposit and Trade on Binomo
3. If you’re using the web version of a platform, you can trade on multiple assets at once. Click on the “+” button left from the asset section. The asset you choose will add up.
How to Deposit and Trade on Binomo


How do I open a trade?

When you trade, you decide whether the price of an asset will go up or down and get additional profit if your forecast is correct.

To open a trade, follow these steps:

1. Select an account type. If your goal is to practice trading with virtual funds, choose a demo account. If you’re ready to trade with real funds, choose a real account.
How to Deposit and Trade on Binomo
2. Select an asset. The percentage next to the asset determines its profitability. The higher the percentage – the higher your profit in case of success.

Example. If a $10 trade with a profitability of 80% closes with a positive outcome, $18 will be credited to your balance. $10 is your investment, and $8 is a profit.

Some asset’s profitability may vary depending on the expiration time of a trade and throughout the day depending on the market situation.

All trades close with the profitability that was indicated when they were opened.
 

Please note that the income rate depends on the trading time (short – under 5 minutes or long – over 15 minutes).

How to Deposit and Trade on Binomo
3. Set the amount you’re going to invest. The minimum amount for a trade is $1, the maximum – $1000, or an equivalent in your account currency. We recommend you start with small trades to test the market and get comfortable.
How to Deposit and Trade on Binomo
4. Select an expiration time for a trade
Expiration time is the time to end the trade. There’s a lot of expiration time for you to choose: 1 minute, 5 minutes, 15 minutes, etc. It is safer for you to begin with a 5-minute time period, and 1$ for each trading investment.

Please note that you choose the time the trade will close, not its duration.
Example. If you chose 14:45 as your expiration time, the trade would close exactly at 14:45.

Also, there’s a line that shows the purchase time for your trade. You should pay attention to this line. It lets you know if you can open another trade. And the red line marks the end of the trade. At that time, you know the trade can get additional funds or can not get.
How to Deposit and Trade on Binomo
5. Analyze the price movement on the chart and make your forecast. Click on the green button if you think the price of an asset will go up, or the red button if you think it will go down.
How to Deposit and Trade on Binomo
6. Wait for the trade to close to find out whether your forecast was correct. If it was, the amount of your investment plus the profit from the asset would be added to your balance. In case of a tie – when the opening price equals the closing price – only the initial investment would be returned to your balance. If your forecast was incorrect – the investment would not be returned.
How to Deposit and Trade on Binomo
Note. The market is always closed on the weekend, so currency pairs, commodity assets, and company stocks are not available. Market assets will be available on Monday at 7:00 UTC. In the meantime, we offer trading on OTC - the weekend assets!

How do I calculate trading turnover?

Trading turnover is the sum of all trades since the last deposit.
There are two cases when trading turnover is used:
  • You made a deposit and decided to withdraw funds before trading.
  • You used a bonus that implies a trading turnover.
In the first case, when you top your account and decide to withdraw before your trading turnover is double the amount you’ve deposited, there is a possibility of a 10% commission. To avoid this commission, you have to complete a trading turnover.

Example. A trader deposited $50. The amount of trading turnover for the trader will be $100 (double the deposit amount). When trading turnover is completed, a trader can withdraw funds without commission.

In the second case, when you activate a bonus, you have to complete trading turnover to withdraw funds.
Trading turnover is calculated by this formula:

the amount of the bonus multiplied by its leverage factor.
A leverage factor can be:
  • Specified in the bonus.
  • If it’s not specified, then for bonuses that are less than 50% of the deposit amount, the leverage factor would be 35.
  • For the bonuses that are more than 50% of the deposit, it would be 40.
Example. A trader deposits $100 and uses a bonus for a 60% increase on the deposit. They will receive $60 in bonus funds. In this case, since the bonus exceeds 50% of the deposit, the leverage factor will be 40. The sum of trading turnover will be: $60 * 40 = $2,400.

Note. Both successful and unsuccessful trades count for trading turnover, but only the asset’s profitability is taken into account; investment is not included.
 

Where do I find the history of my trades?

There is a history section, where you can find all the information about your open trades and trades you’ve concluded. To open your trade history, follow these steps:

In the web version:

1. Click the “Clock” icon on the left side of the platform.
How to Deposit and Trade on Binomo
2. Click on any trade to see more information.
How to Deposit and Trade on Binomo
In the mobile app:
1. Open a menu.
How to Deposit and Trade on Binomo
2. Choose the “Trades” section.
How to Deposit and Trade on Binomo
Note. The trade history section can help you improve your trading skills by regularly analyzing your progress

How do I read a chart?

The chart is the trader’s main tool on the platform. A chart displays the price dynamic of a chosen asset in real-time.

You can adjust the chart according to your preferences.

1. To choose a chart type, click on the chart icon in the lower-left corner of the platform. There are 4 chart types: Mountain, Line, Candle, and Bar.
Note. Traders prefer the Candle chart because it’s the most informative and useful.
How to Deposit and Trade on Binomo
2. To choose a time period, click on a time icon. It determines how often the new price changes in the asset are displayed.
How to Deposit and Trade on Binomo
3. To zoom in and out on a chart, press the “+” and “-” buttons or scroll the mouse. Mobile app users can zoom in and out on a chart with their fingers.
How to Deposit and Trade on Binomo
4. To see older price changes drag the chart with your mouse or finger (for mobile app users).
 

How do I use indicators?

Indicators are visual tools that help track changes in price movements. Traders use them to analyze the chart and conclude more successful trades. Indicators go alongside different trading strategies.

You can adjust indicators in the bottom left corner of the platform.

1. Click on the “Trading instruments” icon.
How to Deposit and Trade on Binomo
2. Activate the indicator you need by clicking on it.
How to Deposit and Trade on Binomo
3. Adjust it the way you want and press “Apply”.
How to Deposit and Trade on Binomo
4. All active indicators will appear above the list. To remove active indicators, press the trash bin icon. Mobile app users can find all active indicators on the “Indicators” tab.
How to Deposit and Trade on Binomo

Frequently Asked Questions (FAQ)

Can I close a trade before expiration time?

When you trade with the Fixed Time Trades mechanics, you choose the exact time the trade will be closed, and it cannot be closed earlier.

However, if you’re using CFD mechanics, you can close a trade before the expiration time. Please note that this mechanics is only available on the demo account.
 

How to switch from a demo to a real account?

To switch between your accounts, follow these steps:

1. Click on your account type in the top corner of the platform.
How to Deposit and Trade on Binomo
2. Choose “Real account”.
How to Deposit and Trade on Binomo
3. The platform will notify you that you are now using real funds. Click “Trade”.
How to Deposit and Trade on Binomo


How to be efficient in trading?

The main goal of trading is to correctly forecast the movement of an asset to get additional profit.
Every trader has their own strategy and a set of tools to make their forecasts more precise.

Here are a few key points to a pleasant start in trading:
  1. Use the demo account to explore the platform. A demo account allows you to try out new assets, strategies, and indicators without financial risks. It’s always a good idea to come into trading prepared.
  2. Open your first trades with small amounts, for example, $1 or $2. It will help you test the market and gain confidence.
  3. Use familiar assets. This way, it will be easier for you to predict the changes. For example, you can start with the most popular asset on the platform – EUR/USD pair.
  4. Don’t forget to explore new strategies, mechanics, and techniques! Learning is trader’s best tool.


What does time remaining mean?

The time remaining (time to buy for mobile app users) shows how much time there is left to open a trade with selected expiration time. You can see the remaining time above the chart (on the web version of the platform), and it’s also indicated by a red vertical line on the chart.
How to Deposit and Trade on Binomo
If you change the expiration time (the time the trade ends), the time remaining will also change.
 

Why are some assets not available to me?

There are two reasons why certain assets are not available to you:
  • The asset is only available to traders with an account status Standard, Gold, or VIP.
  • The asset is only available on certain days of the week.
You can find the list of available assets for your account status by clicking on the asset section on the platform and scrolling down.

Note. The availability depends on the day of the week and may also change throughout the day.


What is a time period?

A time period, or a time frame, is a period during which the chart is formed.
You can change the time period by clicking on the icon in the lower-left corner of the chart.
How to Deposit and Trade on Binomo
The time periods are different for chart types:
  • For the “Candle” and “Bar” charts, the minimum period is 5 seconds, the maximum – 30 days. It displays the period during which 1 candle or 1 bar is formed.
  • For the “Mountain” and “Line” charts – the minimum period is 1 second, the maximum is 30 days. The time period for these charts determines the frequency of displaying the new price changes.
Note. The larger the time period, the more visible the major trends in price movement are. The smaller the time period, the more visible current, local trends. 
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