How to Trade at Binomo for Beginners

How to Trade at Binomo for Beginners
If you’re new to Binomo, be sure to visit our blog - your one-stop guide to learn all about Binomo. We take you through step-by-step on how to register and verify your Binomo account, deposit funds, open a trade on this market, and withdraw your funds on Binomo by following these steps:


How to Create an Account on Binomo

How to Create a new Binomo account using Facebook

1. In order to start trading with Binomo, you just need to complete the simple registration process by clicking on the [Sign in] in the upper right corner page and clicking the "Facebook" button.
How to Trade at Binomo for Beginners
2. Facebook login window will be opened, where you will need to enter your email address that you used to register in Facebook

3. Enter the password from your Facebook account

4. Click on “Log In”
How to Trade at Binomo for Beginners
Once you’ve clicked on the “Log in” button, Binomo requests access to Your name and profile picture and email address. Click Continue...
How to Trade at Binomo for Beginners
After that, You will be automatically redirected to the Binomo platform. 

Now you don’t need any registration to open a demo account$10,000 in a Demo account allows you to practice as much as you need for free.

A demo account is a tool for you to get familiar with the platform, practice your trading skills on different assets, and try out new mechanics on a real-time chart without risks.
How to Trade at Binomo for Beginners


How to Create a new Binomo account using Google

You have the option to register Binomo account using your personal Google account and you can do that in just a few simple steps:

1. To sign up with a Google account, click on the corresponding button in the registration form.
How to Trade at Binomo for Beginners
2. In the new window that opens, enter your phone number or email and click “Next”.
How to Trade at Binomo for Beginners
3. Then enter the password for your Google account and click “Next”.
How to Trade at Binomo for Beginners
After that, You will be automatically redirected to the Binomo platform. Now you’re an official Binomo trader!

How to Create a new Binomo account using Email

1. If you don’t want to use your social media account, you can register manually with your email address by clicking on [Sign in] in the upper right corner page and the tab with the sign-up form will appear.
How to Trade at Binomo for Beginners
2. You just need to fill in all the necessary fields as below and click "Create account"
 
  1. Enter a valid email address and create a strong password.
  2. Choose the currency of your account for all your trading and deposit operations. You can choose US dollars, euros, or, for most regions, the national currency.
  3. Accept the terms of the Service Agreement.
How to Trade at Binomo for Beginners
3. After that a confirmation email will be sent to the email address you entered. Confirm your email address to protect your account and unlock more platform capabilities, click the "Confirm email" button.
How to Trade at Binomo for Beginners
4. Your email was confirmed successfully. You will be automatically redirected to the Binomo Trading platform.
How to Trade at Binomo for Beginners
Now you’re a Binomo trader, deposit firstly if you want to trade with a real account How to Deposit on Binomo.

Or you can also trade on a Demo account, don’t need any registration to open a demo account$10,000 in a Demo account allows you to practice as much as you need for free.
How to Trade at Binomo for Beginners


Create a Binomo account on Mobile Web

Firstly, open up your browser on your mobile device, then visit the Binomo main page.
How to Trade at Binomo for Beginners
Enter the data:

  1. Enter the email address and password.
  2. Select a currency.
  3. Check "Client Agreement".
  4. Click "Create account".


How to Trade at Binomo for Beginners
Here you are! Now you are able to trade from the mobile web version of the platform. The mobile web version of the trading platform is exactly the same as the regular web version of it. Consequently, there won’t be any problems with trading and transferring funds.
How to Trade at Binomo for Beginners


Create a new account on the Binomo app iOS

Binomo trading app is considered to be the best app for online trading.

If you have an iOS mobile device you will need to download the official Binomo app from App Store or here. Simply search for “Binomo: Online Trade Assistant” and install it on your phone.
How to Trade at Binomo for Beginners
Registering a Binomo account on the iOS mobile platform is also available for you. Do the same steps as the web app.
  1. Enter your email address and new password
  2. Select the currency of the account
  3. Click "Sign up"
How to Trade at Binomo for Beginners
How to Trade at Binomo for Beginners
Now you can trade Binomo on your iPhone or iPad with $10,000 in your Demo account.
How to Trade at Binomo for Beginners


Create a new account on the Binomo app Android

If you have an Android mobile device you will need to download the official Binomo app from Google Play or here. Simply search for “Binomo - Mobile Trading Online” and download it on your device.

The mobile version of the trading platform is exactly the same as the web version of it. Consequently, there won’t be any problems with trading and transferring funds.
How to Trade at Binomo for Beginners
Registering a Binomo account on the Android mobile platform is also available for you.
  1. Enter your email address
  2. Enter new password
  3. Click "Sign up"
How to Trade at Binomo for Beginners
How to Trade at Binomo for Beginners
Now you can trade Binimo on an Android mobile device.
How to Trade at Binomo for Beginners

How do I Verify Account on Binomo


How do I verify my Identity

Once verification has been requested, you’ll get a pop-up notification, and the “Verification” item will appear on the menu. To verify your identity, you’ll need to follow these steps:

1) Click on “Verify” in the pop-up notification.
How to Trade at Binomo for Beginners
2) Or click on your profile picture to open the menu.
How to Trade at Binomo for Beginners
3) Click on the “Verify” button or select “Verification” from the menu.
How to Trade at Binomo for Beginners
4) You’ll be redirected to the “Verification” page with the list of all the documents to verify. First, you’ll have to verify your identity. To do so, press the “Verify” button next to “ID Card”.
How to Trade at Binomo for Beginners
5) Before you start verification, mark the checkboxes and click “Next”.
How to Trade at Binomo for Beginners
6) Choose the country of issue of your documents in the drop-down menu, then select the document type. Press “Next”.

Note. We accept passports, ID cards, and driver’s licenses. Types of documents may vary by country, check the full documents list.
How to Trade at Binomo for Beginners
7) Upload the document you’ve chosen. First front side, then – back (If the document is double-sided). We accept documents in the following formats: jpg, png, pdf.

Make sure your document is:

  • Valid for at least one month from the upload date (for residents of Indonesia and Brazil validity is irrelevant).
  • Easy to read: your full name, numbers, and dates are clear. All four corners of the document should be visible.
Once you’ve uploaded both sides of your document, click “Next”.
How to Trade at Binomo for Beginners
8) If necessary, press “Edit” to upload a different document before submitting. As you are ready, press “Next” to submit the documents.
How to Trade at Binomo for Beginners
9) Your documents have been submitted successfully. Press “OK” to return to the “Verification” page.
How to Trade at Binomo for Beginners
10) The status of your ID verification will change to “Pending”. It may take up to 10 minutes to verify your identity.
How to Trade at Binomo for Beginners
11) Once your identity has been confirmed, the status changes to “Done”, and you can start verifying the payment methods.
How to Trade at Binomo for Beginners
To learn more about payment methods verification, please refer to How to verify a bank card? and How to verify a non-personalized bank card? articles.

12) If there is no need to verify the payment methods, you’ll get the “Verified” status right away. You will also be able to withdraw funds again.
How to Trade at Binomo for Beginners

How do I verify a Bank Card

Once verification has been requested, you’ll get a pop-up notification, and the “Verification” item will appear on the menu.

Note. To verify a payment method, you’ll have to verify your identity first. Please refer to How do I verify my identity ? above

Once your identity has been confirmed, you can start verifying your bank cards.

To verify a bank card, you’ll need to follow these steps:

1) Click on your profile picture to open the menu.
How to Trade at Binomo for Beginners
2) Click on the “Verify” button or select “Verification” from the menu.
How to Trade at Binomo for Beginners
3) You’ll be redirected to the “Verification” page with the list of all the unverified payment methods. Choose a payment method you would like to start with and press “Verify”.
How to Trade at Binomo for Beginners
4) Upload a photo of your bank card, front side only, so that the cardholder’s name, card number, and expiration date are visible. We accept photos in the following formats: jpg, png, pdf. Press “Next”.
How to Trade at Binomo for Beginners
5) Your photo has been submitted successfully. Press “OK” to return to the “Verification” page.
How to Trade at Binomo for Beginners
6) Bank card verification status will change to “Pending”. It may take up to 10 minutes to verify a bank card.

You have to verify all of the payment methods on the list to complete verification.
How to Trade at Binomo for Beginners
7) Once verification is complete, you’ll get a notification, and your status will change to “Verified”. You will also be able to withdraw funds again.
How to Trade at Binomo for Beginners

How do I verify a non-personalized Bank Card

Once verification has been requested, you’ll get a pop-up notification, and the “Verification” item will appear on the menu.

Note. To verify a payment method, you’ll have to verify your identity first. Please refer to How do I verify my identity?above

Once your identity has been confirmed, you can start verifying your bank cards.
To verify a non-personalized bank card, you’ll need to follow these steps:

1) Click on your profile picture to open the menu.
How to Trade at Binomo for Beginners
2) Click on the “Verify” button or select “Verification” from the menu.
How to Trade at Binomo for Beginners
3) You’ll be redirected to the “Verification” page with the list of all the unverified payment methods. Choose a payment method you would like to start with and press “Verify”.
How to Trade at Binomo for Beginners
4) Upload a photo of your bank card, front side only, so that the card number and the expiration date are visible. And a photo of the bank statement with the stamp, date of issue, and your name visible. The document must not be older than 3 months.We accept photos in the following formats: jpg, png, pdf. Press “Next”.
How to Trade at Binomo for Beginners
5) Your documents have been submitted successfully. Press “OK” to return to the “Verification” page.
How to Trade at Binomo for Beginners
6) The status of your bank card verification will change to “Pending”. It may take up to 10 minutes to verify a bank card.

You have to verify all of the payment methods on the list to complete verification.
How to Trade at Binomo for Beginners
7) Once verification is complete, you’ll get a notification, and your status will change to “Verified”. You will also be able to withdraw funds again.
How to Trade at Binomo for Beginners

How do I verify a virtual Bank Card

Once verification has been requested, you’ll get a pop-up notification, and the “Verification” item will appear on the menu.

Note. To verify a payment method, you’ll have to verify your identity first. Please refer to How do I verify my identity? article.

Once your identity has been confirmed, you can start verifying your bank cards.

To verify a virtual bank card, you’ll need to follow these steps:

1) Click on your profile picture to open the menu.
How to Trade at Binomo for Beginners
2) Click on the “Verify” button or select “Verification” from the menu.
How to Trade at Binomo for Beginners
3) You’ll be redirected to the “Verification” page with the list of all the unverified payment methods. Choose your virtual bank card and press “Verify”.
How to Trade at Binomo for Beginners
4) Upload a screenshot of your virtual bank card. Make sure that the first 6 and last 4 digits of the card number, expiration date, and the cardholder’s name are visible and easy to read. We accept screenshots in the following formats: jpg, png, pdf. Press “Next”.
How to Trade at Binomo for Beginners
5) Your screenshot has been submitted successfully. Press “OK” to return to the “Verification” page.
How to Trade at Binomo for Beginners
6) Virtual bank card verification status will change to “Pending”. It may take up to 10 minutes to verify a bank card. You have to verify all of the payment methods on the list to complete verification.
How to Trade at Binomo for Beginners
7) Once verification is complete, you’ll get a notification, and your status will change to “Verified”. You will also be able to withdraw funds again.

How to Trade at Binomo for Beginners

How to Deposit on Binomo

A deposit or a trading account top-up is available in a variety of ways. The main accessibility criterion is the client’s region, as well as the current settings for accepting payments on the platform.

Choose a convenient payment method and follow the onscreen instructions to complete your payment. 


How to Deposit on Biniomo using Digital Wallet

Deposit using Perfect Money

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

Deposit using AstroPay Card

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

Deposit using Advcash

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

6. Select the currency of your Advcash account and click on the “Continue” button.
How to Trade at Binomo for Beginners
7. Confirm your transfer by clicking on the “Confirm” button.
How to Trade at Binomo for Beginners
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 Trade at Binomo for Beginners
9. After the confirmation you will get this message about the successful transaction.
How to Trade at Binomo for Beginners
10. You will get the details of completed payment.
How to Trade at Binomo for Beginners
11. The confirmation of your deposit process will be in the “Transaction history” page in your account.
How to Trade at Binomo for Beginners

Deposit using Skrill

1. Click on the "Deposit" button in the top right corner.
How to Trade at Binomo for Beginners
2. Choose your country in the “Сountry” section and select “Skrill” method.
How to Trade at Binomo for Beginners
3. Сhoose the amount to deposit and click on the “Deposit” button.
How to Trade at Binomo for Beginners
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 Trade at Binomo for Beginners
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 Trade at Binomo for Beginners

5.1 Open your Skrill account, click “Send” button and choose “Skrill to Skrill” option.
How to Trade at Binomo for Beginners
5.2 Paste Binomo email address you copied before and click “Continue” button.
How to Trade at Binomo for Beginners
5.3 Enter the amount you want to send then click “Continue”.
How to Trade at Binomo for Beginners
5.4 Click to “Confirm” button to continue.
How to Trade at Binomo for Beginners
5.5 Enter PIN code then click “Confirm” button.
How to Trade at Binomo for Beginners
5.6 Funds sent. Now you need to copy a transaction ID, follow the Transactions page.
How to Trade at Binomo for Beginners
5.7 Choose the transaction that you sent to Binomo account and copy the transaction ID .
How to Trade at Binomo for Beginners
6. Back to Binomo page and paste the transaction ID to the box. Then click “Confirm”.
How to Trade at Binomo for Beginners
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 Trade at Binomo for Beginners

How to Deposit on Binomo using MasterCard / Visa / Maestro / Rupay

This article will guide you through deposits between bank cards and your trading accounts.
 

You can use any bank card that was issued for you to fund your Binomo account. It can be a personalized or non-personalized card (without the cardholder’s name on it), a card in a currency different from the one your account uses.

In most cases, funds are credited within an hour or even instantly. Sometimes, 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 using MasterCard / Visa / Maestro in Kazakhstan

1. Click on the "Deposit" button in the top right corner.
How to Trade at Binomo for Beginners
2. Choose “Kazakhstan” in the “Сountry” section and select “Visa / Mastercard / Maestro” method.
How to Trade at Binomo for Beginners
3. Сhoose the amount to deposit.
How to Trade at Binomo for Beginners
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 Trade at Binomo for Beginners
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 Trade at Binomo for Beginners


Deposit using MasterCard / Visa / Maestro in Turkey

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 Trade at Binomo for Beginners
2. Choose “Turkey” in the “Country” section and select the “Visa / Mastercard / Maestro” payment method.
How to Trade at Binomo for Beginners
3. Choose the deposit amount, enter your first and last name, and press the “Deposit” button.
How to Trade at Binomo for Beginners
4. Fill in your card information and click the “Yatır” button.
How to Trade at Binomo for Beginners
5. An SMS with a code will be sent to your mobile phone. Enter the code and click “Onay”.
How to Trade at Binomo for Beginners
6. Your payment was successful. You’ll be automatically redirected to the next page.
How to Trade at Binomo for Beginners
7. You can go back to Binomo by clicking the "Siteye Geri Dön” button.
How to Trade at Binomo for Beginners
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 Trade at Binomo for Beginners

Deposit using MasterCard / Visa / Maestro in Arabic countries

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

Deposit using MasterCard / Visa / Maestro in Ukraine

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

Deposit using MasterCard / Visa / Rupay in India

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

How to Deposit on Binomo using a Bank transfer

A bank transfer is a transaction that moves funds from one bank account to another, We guide you on how to transfer funds to a Binomo account.
 

Deposit using Boleto Rapido

1. Сlick the “Deposit” button in the top right corner of the screen.
How to Trade at Binomo for Beginners
2. Choose Brazil in the “Country” section and select the “Boleto Rapido” payment method.
How to Trade at Binomo for Beginners
3. Enter the deposit amount and click “Deposit”.
How to Trade at Binomo for Beginners
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 Trade at Binomo for Beginners
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 Trade at Binomo for Beginners
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 Trade at Binomo for Beginners
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 Trade at Binomo for Beginners
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 Trade at Binomo for Beginners

Deposit using Itau

1. Сlick the “Deposit” button in the top right corner of the screen.
How to Trade at Binomo for Beginners
2. Choose the country and select the “Itau” payment method.
How to Trade at Binomo for Beginners
3. Enter the deposit amount and click “Deposit”.
How to Trade at Binomo for Beginners
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 Trade at Binomo for Beginners
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 Trade at Binomo for Beginners
6. Log into your Itau app. Tap on the “PIX” menu.
How to Trade at Binomo for Beginners
7. Tap “Transferir” and enter the PIX key – e-mail address from step 5. Tap “Continuar“.
How to Trade at Binomo for Beginners
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 Trade at Binomo for Beginners
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 Trade at Binomo for Beginners
13. Go back to the page from step 5 and click on the “Click here to send proof” button.
How to Trade at Binomo for Beginners
14. Enter your bank details and click “Upload” to upload your receipt.
How to Trade at Binomo for Beginners
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 Trade at Binomo for Beginners

Deposit using PicPay

1. Сlick the “Deposit” button in the top right corner of the screen.
How to Trade at Binomo for Beginners
2. Choose the country and select the “PicPay” payment method.
How to Trade at Binomo for Beginners
3. Enter the deposit amount and click “Deposit”.
How to Trade at Binomo for Beginners
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 Trade at Binomo for Beginners
5. A QR code will be generated. You can scan it with your PicPay app.
How to Trade at Binomo for Beginners
6. Open your PicPay app, click “QR code”. Scan the code from the previous step.
How to Trade at Binomo for Beginners
7. Choose a payment method and tap “Pagar”. Enter your bank card details, tap “Continuar”.
How to Trade at Binomo for Beginners
8. Enter your PicPay password and tap “Continuar”. You’ll see a confirmation of your payment.
How to Trade at Binomo for Beginners
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 Trade at Binomo for Beginners

Deposit using Pagsmile

1. Сlick the “Deposit” button in the top right corner of the screen.
How to Trade at Binomo for Beginners
2. Choose the country and select one of the payment methods.
How to Trade at Binomo for Beginners
3. Enter the deposit amount and click “Deposit”.
How to Trade at Binomo for Beginners
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 Trade at Binomo for Beginners
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 Trade at Binomo for Beginners
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 Trade at Binomo for Beginners
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 Trade at Binomo for Beginners
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 Trade at Binomo for Beginners
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 Trade at Binomo for Beginners
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 Trade at Binomo for Beginners
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 using Santander

1. Сlick the “Deposit” button in the top right corner of the screen.
How to Trade at Binomo for Beginners
2. Choose the country and select the “Santander” payment method.
How to Trade at Binomo for Beginners
3. Enter the deposit amount and click “Deposit”.
How to Trade at Binomo for Beginners
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 Trade at Binomo for Beginners
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 Trade at Binomo for Beginners
6. Log into your Santander account. Click on the “PIX” menu and then click “Transfer”.
How to Trade at Binomo for Beginners
7. Select “Pix e Transferências”. Then select “Fazer uma transferência”.
How to Trade at Binomo for Beginners
8. Fill in the account information to make the bank transfer. Click “Continuar”.
How to Trade at Binomo for Beginners
9. The payment is complete. Save the receipt by clicking “Salvar en PDF”.
How to Trade at Binomo for Beginners
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 Trade at Binomo for Beginners
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 Trade at Binomo for Beginners

How Binomo Trading works

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 Trade at Binomo for Beginners
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 Trade at Binomo for Beginners
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 Trade at Binomo for Beginners


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

Where can 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 Trade at Binomo for Beginners
2. Click on any trade to see more information.
How to Trade at Binomo for Beginners
In the mobile app:
1. Open a menu.
How to Trade at Binomo for Beginners
2. Choose the “Trades” section.
How to Trade at Binomo for Beginners
Note. The trade history section can help you improve your trading skills by regularly analyzing your progress


How to 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.

How to 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 Trade at Binomo for Beginners
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 Trade at Binomo for Beginners
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 Trade at Binomo for Beginners
4. To see older price changes drag the chart with your mouse or finger (for mobile app users).
 

How to 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 Trade at Binomo for Beginners
2. Activate the indicator you need by clicking on it.
How to Trade at Binomo for Beginners
3. Adjust it the way you want and press “Apply”.
How to Trade at Binomo for Beginners
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 Trade at Binomo for Beginners

How to Withdraw funds from Binomo

How to Withdraw from Binomo to Digital Wallet

E-wallets are an electronic payment method popular for instant and secure transactions worldwide. You can use this payment method to withdraw your Binomo account absolutely commission-free.


Withdraw funds via Skrill

1. Open a left-side menu, choose the “Balance” section, and tap the “Withdraw” button.

In the mobile app:
How to Trade at Binomo for Beginners
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.
How to Trade at Binomo for Beginners
Then click the “Withdraw funds” tab.
How to Trade at Binomo for Beginners
2. Enter the payout amount and choose “Skrill” as your withdrawal method and fill in your email address. Please note that you can only withdraw funds to the wallets you’ve already made a deposit with. Click “Request withdrawal”.
How to Trade at Binomo for Beginners
3. Your request is confirmed! You can continue trading while we process your withdrawal.
How to Trade at Binomo for Beginners
4. You can always track the status of your withdrawal in the “Cashier” section, “Transaction history” tab (“Balance” section for the mobile app users).
How to Trade at Binomo for Beginners
Note. It usually takes payment providers up to 1 hour to credit funds to your e-wallet. In rare cases, this period may be extended to 7 business days due to national holidays, your payment provider’s policy, etc.
 

Withdraw funds via Perfect Money

1. Open a left-side menu, choose the “Balance” section, and tap the “Withdraw” button.

In the mobile app:
How to Trade at Binomo for Beginners
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.
How to Trade at Binomo for Beginners
Then click the “Withdraw funds” tab.
How to Trade at Binomo for Beginners
2. Enter the payout amount and choose “Perfect Money” as your withdrawal method. Please note that you can only withdraw funds to the wallets you’ve already made a deposit with. Click “Request withdrawal”.
How to Trade at Binomo for Beginners
3. Your request is confirmed! You can continue trading while we process your withdrawal.
How to Trade at Binomo for Beginners
4. You can always track the status of your withdrawal in the “Cashier” section, “Transaction history” tab (“Balance” section for the mobile app users).
How to Trade at Binomo for Beginners
Note. It usually takes payment providers up to 1 hour to credit funds to your e-wallet. In rare cases, this period may be extended to 7 business days due to national holidays, your payment provider’s policy, etc.
 

Withdraw funds via ADV cash

1. Open a left-side menu, choose the “Balance” section, and tap the “Withdraw” button.

In the mobile app:
How to Trade at Binomo for Beginners
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.
How to Trade at Binomo for Beginners
Then click the “Withdraw funds” tab.

2. Enter the payout amount and choose “ADV cash” as your withdrawal method. Please note that you can only withdraw funds to the wallets you’ve already made a deposit with. Click “Request withdrawal”.

3. Your request is confirmed! You can continue trading while we process your withdrawal.
How to Trade at Binomo for Beginners
4. You can always track the status of your withdrawal in the “Cashier” section, “Transaction history” tab (“Balance” section for the mobile app users).
How to Trade at Binomo for Beginners
Note. It usually takes payment providers up to 1 hour to credit funds to your e-wallet. In rare cases, this period may be extended to 7 business days due to national holidays, your payment provider’s policy, etc.

How to Withdraw from Binomo to Bank Card

This article will guide you through withdrawal between bank cards and your trading accounts.
 

Withdraw funds to a bank card

Bank card withdrawals are only available for cards issued in Ukraine or Kazakhstan.

To withdraw funds to a bank card, you’ll need to follow these steps:

1. Open a left-side menu, and choose the “Balance” section. Tap the “Withdrawal” button.

In the mobile app:
How to Trade at Binomo for Beginners
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.
How to Trade at Binomo for Beginners
Then click the “Withdraw funds” tab.
How to Trade at Binomo for Beginners
2. Enter the payout amount and choose “VISA/MasterCard/Maestro” as your withdrawal method. Fill in the required information. Please note that you can only withdraw funds to the bank cards you’ve already made a deposit with. Click “Request withdrawal”.
How to Trade at Binomo for Beginners
3. Your request is confirmed! You can continue trading while we process your withdrawal.
How to Trade at Binomo for Beginners
4. You can always track the status of your withdrawal in the “Cashier” section, “Transaction history” tab (“Balance” section for the mobile app users).
How to Trade at Binomo for Beginners
Note. It usually takes payment providers from 1 to 12 hours to credit funds to your bank card. In rare cases, this period may be extended up to 7 business days due to national holidays, your bank’s policy, etc.

If you’re waiting longer than 7 days, please, contact us in the live chat or write to [email protected]. We will help you track your withdrawal.
 

Withdraw funds to a non-personalized bank card

Non-personalized bank cards don’t specify the cardholder’s name, but you can still use them to credit and withdraw funds.

Regardless of what it says on the card (for example, Momentum R or Card Holder), enter the cardholder’s name as stated in the bank agreement.

Bank card withdrawals are only available for cards issued in Ukraine or Kazakhstan.

To withdraw funds to a non-personalized bank card, you’ll need to follow these steps:

1. Open a left-side menu, choose the “Balance” section, and tap the “Withdraw” button.

In the mobile app:
How to Trade at Binomo for Beginners
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.
How to Trade at Binomo for Beginners
Then click the “Withdraw funds” tab.
How to Trade at Binomo for Beginners
2. Enter the payout amount and choose “VISA/MasterCard/Maestro” as your withdrawal method. Fill in the required information. Please note that you can only withdraw funds to the bank cards you’ve already made a deposit with. Click “Request withdrawal”.
How to Trade at Binomo for Beginners
3. Your request is confirmed! You can continue trading while we process your withdrawal.
How to Trade at Binomo for Beginners
4. You can always track the status of your withdrawal in the “Cashier” section, “Transaction history” tab (“Balance” section for the mobile app users).
How to Trade at Binomo for Beginners
Note. It usually takes payment providers from 1 to 12 hours to credit funds to your bank card. In rare cases, this period may be extended up to 7 business days due to national holidays, your bank’s policy, etc.

If you’re waiting longer than 7 days, please, contact us in the live chat or write to [email protected]. We will help you track your withdrawal.

Withdraw via MasterCard / VISA / Maestro in Ukraine

To withdraw funds to your bank card, you’ll need to follow these steps:

1. Open a left-side menu, choose the “Balance” section, and tap the “Withdraw” button.

In the mobile app:
How to Trade at Binomo for Beginners
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.
How to Trade at Binomo for Beginners
Then click the “Withdraw funds” tab.
How to Trade at Binomo for Beginners
2. Enter the payout amount and choose “VISA/MasterCard/Maestro” as your withdrawal method. Please note that you can only withdraw funds to the bank cards you’ve already made a deposit with. Click “Request withdrawal”.
How to Trade at Binomo for Beginners
3. Your request is confirmed! You can continue trading while we process your withdrawal.
How to Trade at Binomo for Beginners
4. You can always track the status of your withdrawal in the “Cashier” section, “Transaction history” tab (“Balance” section for the mobile app users).
How to Trade at Binomo for Beginners
Note. It usually takes payment providers from 1 to 12 hours to credit funds to your bank card. In rare cases, this period may be extended up to 7 business days due to national holidays, your bank’s policy, etc.


Withdraw via MasterCard / VISA / Maestro in Kazakhstan

To withdraw funds to your bank card, you’ll need to follow these steps:

1. Open a left-side menu, choose the “Balance” section, and tap the “Withdraw” button.

In the mobile app:
How to Trade at Binomo for Beginners
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.
How to Trade at Binomo for Beginners
Then click the “Withdraw funds” tab.
How to Trade at Binomo for Beginners
2. Enter the payout amount and choose “VISA/MasterCard/Maestro” as your withdrawal method. Please note that you can only withdraw funds to the bank cards you’ve already made a deposit with. Click “Request withdrawal”.
How to Trade at Binomo for Beginners
3. Your request is confirmed! You can continue trading while we process your withdrawal.
How to Trade at Binomo for Beginners
4. You can always track the status of your withdrawal in the “Cashier” section, “Transaction history” tab (“Balance” section for the mobile app users).
How to Trade at Binomo for Beginners
Note. It usually takes payment providers from 1 to 12 hours to credit funds to your bank card. In rare cases, this period may be extended up to 7 business days due to national holidays, your bank’s policy, etc.

How to Withdraw from Binomo to Bank Account

With the simplicity of bank transfers, it is convenient to withdraw funds from your Binomo trading accounts. 

Bank account withdrawals are only available for banks of India, Indonesia, Turkey, Vietnam, South Africa, Mexico, and Pakistan.

Please note!
  • You can’t withdraw funds from your Demo account. Funds can be cashed out from Real account only;
  • While you have a multiplied trading turnover you can’t withdraw your funds as well.
To withdraw funds to your bank account, you’ll need to follow these steps:

1. Go to the withdrawal in the “Cashier” section.

In the mobile app: Open a left side menu, choose the “Balance” section, and tap the “Withdraw” button.
How to Trade at Binomo for Beginners
In the new Android app version: tap on the “Profile” icon at the bottom of the platform. Tap on the “Balance” tab and then tap “Withdrawal”.
How to Trade at Binomo for Beginners
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.
How to Trade at Binomo for Beginners
Then click the “Withdraw funds” tab.
How to Trade at Binomo for Beginners
2. Enter the payout amount and choose “Bank transfer” as your withdrawal method. Fill in the rest of the fields (you can find all the required information in your bank agreement or in a bank app). Click “Request withdrawal”.
How to Trade at Binomo for Beginners
3. Your request is confirmed! You can continue trading while we process your withdrawal.
How to Trade at Binomo for Beginners
4. You can always track the status of your withdrawal in the “Cashier” section, “Transaction history” tab (“Balance” section for the mobile app users).
How to Trade at Binomo for Beginners
Note. It usually takes payment providers from 1 to 3 business days to credit funds to your bank account. In rare cases, this period may be extended up to 7 business days due to national holidays, your bank’s policy, etc.

If you’re waiting longer than 7 days, please, contact us in the live chat or write to [email protected]. We will help you track your withdrawal.

Frequently Asked Questions (FAQ)

Account

What types of account statuses are available on the platform?

There are 4 types of statuses on the platform: Free, Standard, Gold, and VIP.
  • A Free status is available to all registered users. With this status, you can trade on the demo account with virtual funds.
  • To get a Standard status, deposit a total of $10 (or an equivalent amount in your account currency).
  • To get a Gold status, deposit a total of $500 (or an equivalent amount in your account currency).
  • To get a VIP status, deposit a total of $1000 (or an equivalent amount in your account currency) and confirm your phone number.
Every status has its advantages: extra bonuses, additional assets, maximum percentage of profitability, etc.
 

Why should I confirm my email?

Confirming your email comes with a few advantages:

1. Security of an account. Once your email is confirmed, you can easily restore your password, write to our Support Team, or to block your account if necessary. It will also ensure the security of your account and help prevent fraudsters from accessing it.

2. Gifts and promotions. We’ll notify you about new competitions, bonuses, and promo codes so you won’t miss out on anything.

3. News and educational materials. We always try to improve our platform, and when we add something new – we inform you. We also send unique training materials: strategies, tips, expert comments.
 

What’s a demo account?

Once you sign up on the platform, you get access to the $10,000.00 demo account (or an equivalent amount in your account currency).

A demo account is a practice account that allows you to conclude trades on a real-time chart without investments. It helps you get familiar with the platform, practice new strategies, and try out different mechanics before switching to a real account. You can switch between your demo and real accounts at any time.

Note. The funds on the demo account are not real. You can increase them by concluding successful trades or replenishing them if they run out, but you cannot withdraw them.

Deposit

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 Trade at Binomo for Beginners

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

How to Trade at Binomo for Beginners
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 Trade at Binomo for Beginners
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 Trade at Binomo for Beginners
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 Trade at Binomo for Beginners

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

How to Trade at Binomo for Beginners
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 Trade at Binomo for Beginners
2. Click on your deposit to find out the processing period for your transaction.dep_2.png
How to Trade at Binomo for Beginners
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.

Trading

Can I close a trade before the 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 Trade at Binomo for Beginners
2. Choose “Real account”.
How to Trade at Binomo for Beginners
3. The platform will notify you that you are now using real funds. Click “Trade”.
How to Trade at Binomo for Beginners


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 Trade at Binomo for Beginners
If you change the expiration time (the time the trade ends), the time remaining will also change.


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 Trade at Binomo for Beginners
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. 

Withdrawal

Why can’t I receive funds right after I request a withdrawal?

When you request a withdrawal, first, it gets approved by our Support team. The duration of this process depends on your account status, but we always try to shorten these periods when possible. Please note that once you’ve requested a withdrawal, it cannot be canceled.

  • For standard status traders, the approval might take up to 3 days.
  • For gold status traders – up to 24 hours.
  • For VIP status traders – up to 4 hours.

Note. If you haven’t passed verification, these periods can be extended.

To help us approve your request faster, before withdrawing make sure that you don’t have an active bonus with a trading turnover.

Once your withdrawal request is approved, we transfer it to your payment service provider.

It usually takes payment providers from a few minutes to 3 business days to credit funds to your payment method. In rare cases, it can take up to 7 days due to national holidays, payment provider’s policy, etc.

If you’re waiting longer than 7 days, please, contact us in the live chat or write to [email protected]. We will help you track your withdrawal.
 

What payment methods can I use to withdraw funds?

You can withdraw funds to your bank card, bank account, e-wallet, or crypto-wallet.

However, there are few exceptions.

Withdrawals directly to a bank card are only available for cards issued in Ukraine or Turkey. If you are not from these countries, you can withdraw to your bank account, an e-wallet, or a crypto-wallet. We recommend using bank accounts that are linked to cards. This way, the funds will be credited to your bank card. Bank account withdrawals are available if your bank is in India, Indonesia, Turkey, Vietnam, South Africa, Mexico, and Pakistan.

Withdrawals to e-wallets are available for every trader who has made a deposit.


What is the minimum and maximum withdrawal limit?

The minimum withdrawal limit is $10/€10 or an equivalent of $10 in your account currency.

The maximum withdrawal amount is:
  • Per day: no more than $3,000/€3,000, or an amount equivalent to $3,000.
  • Per week: no more than $10,000/€10,000, or an amount equivalent to $10,000.
  • Per month: no more than $40,000/€40,000, or an amount equivalent to $40,000.
Note. In some cases, these limits may slightly differ depending on certain payment providers.


How much time does it take for funds to be withdrawn?

When you withdraw funds, your request goes through 3 stages:
  • We approve your withdrawal request and pass it on to the payment provider.
  • The payment provider processes your withdrawal.
  • You receive your funds.
Please note!

It usually takes payment providers from a few minutes to 3 business days to credit funds to your payment method. In rare cases, it can take up to 7 days due to national holidays, payment provider’s policy, etc. Detailed information regarding the withdrawal conditions is denoted in 5.8 of the Client Agreement.

Approval period

Once you send us a withdrawal request, it gets assigned with “Approving” status (“Pending” status in some mobile application versions). We try to approve all withdrawal requests as fast as possible. The duration of this process depends on your status and is indicated in the “Transaction History” section.

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 Trade at Binomo for Beginners
2. Click on your withdrawal. The approval period for your transaction will be indicated.
How to Trade at Binomo for Beginners
If your request is being approved for too long, contact us by clicking “Waiting for more than N days?” (“Contact support” button for mobile app users). We will try to figure out the problem and speed up the process.

Processing period

After we’ve approved your transaction, we transfer it to the payment provider for further processing. It gets assigned with “Processing” status (“Approved” status in some mobile application versions).

Each payment provider has its own processing period. Click on your deposit in the “Transaction History” section to find the information about the average transaction processing time (generally relevant), and the maximum transaction processing time (relevant in the minority of cases).
How to Trade at Binomo for Beginners
If your request is being processed for too long, click “Waiting for more than N days?” (“Contact support” button for mobile app users). We will track your withdrawal and help you to get your funds as soon as possible.

Note. It usually takes payment providers from a few minutes to 3 business days to credit funds to your payment method. In rare cases, it can take up to 7 days due to national holidays, payment provider’s policy, etc. 
Thank you for rating.