|Minimum deposit:||$10||Number of assets to trade:||80||The bonus you get:||100%|
|How to deposit money:||Supported languages:|
|Regulatory authority:||Financial Market Relations Regulation Center (FMRRC)|
Binomo - About the company
Binomo.com is a modern broker founded in 2014. The biggest differentiator from other CFDs brokers is that they offer their own, custom made trading platform. They are regulated by the FMRRC (Financial Markets Relations Regulation Centre) which oversees and regulates the quality and fairness of the provided services. Another great thing that especially beginners in the world of trading will appreciate is a free demo account and low minimum deposit. It is possible to make trades even from 1 EUR/USD/GBP while other brokers often have minimum trade amounts set to at least 25 USD.
In total, Binomo offers four types of accounts - Demo, Standard, Gold and VIP. Demo account is provided for free to test out your strategy. Standard, Gold and VIP accounts are actually quite similar but if you take trading seriously, you should deposit enough to get a VIP account. That makes you eligible for instant withdrawals and analytical support via email, phone or Skype. Regular accounts have withdrawal time limit of 3 days whereas for VIPs it is only 4 hoours.
2. How to start trading
Registration is free, the easy-to-use website is available in multiple languages. Users can contact customer support via email/chat/phone. Many helpful learning materials are also available, including video tutorials. If you need any help, our team and our resources are here to guide you in the right direction.
The Binomo trading platform has two types of charts - the line chart and the candlestick chart and you can switch between them at any time. If you are an advanced trader, you can also adjust the chart by adding some indiators into it - e.g. you can draw Fibonacci, Gartley and Pitchfork patterns or simple draw rectangles, elipses and other shapes.
All new traders are offered 9 free CFDs trades - that means when you deposit, you can make 9 trades as a test even with real money. If you win, you get to keep all the profits and if your trade loses, you don't lose any money because Binomo refunds you. The website also has an education section where you'll find introductory videos about trading and some strategies that can be used - namely Bollinger Band Trading System, Alligator Trading Strategy, Trading the News with CFDs and The Night Channel Trading Strategy. These strategies are more complicated than my strategy but the fundamentals are the same.
A very useful thing you can do is to download an application for smartphones. This app is available for free and supports all major mobile devices so if you have an Android or an iOS phone, once you install this app, you can trade literally anywhere. For example, you can place orders when you're traveling or from your bed before you go to sleep. To place an order, you will need a Wi-fi or a mobile internet connection.
|Company name:||Tiburo Corporation Ltd||Year of foundation:||2014|
|Number of assets to trade:||80||Trading software:||Proprietary|
|Minimum deposit:||$10||Minimum amount of each placed trade:|
|Regulatory authority (all):||Financial Market Relations Regulation Center (FMRRC)|
|The broker allows nonstop trading including the weekend with trades from as little as $1|
|Free Demo account
Mobile trading is available
Easy to use web-based trading platform
Several technical analysis tools
Regular bonuses and promotions
Quick withdrawals and support of several payment methods
Regulated Binary Options Broker
Weekend and Holiday trading on the OTC market is available
Four account types to choose from
Four trading currencies; EUR/USD/GBP/RUB, are accepted
Support via skype
|A limited number of technical indicators
Lack of a desktop trading platform
No social trading
Try out the strategy with a demoversion
After you register on the broker's website, there are many deposit options to choose from. Of course you can use a credit/debit card or a bank transfer. If you want to use your bank card, check that it supports online transactions by calling your bank to find out.
It is very easy to deposit using your card, Moneybookers alternatively, Neteller. you can send money via bank transfer. To deposit with a bank transfer, register on the website. Choose the Fast Bank transfer option nebo Deposit.
You can make deposits using prepaid coupons Ukash which, you can buy in many places such as gas stations, grocery stores and news-stands, for cash.
It is very likely that whatever currency you want to deposit your money in, the broker will offer you an account in another (e.g. USD or EUR) If this is the case, there’s nothing to worry about. Whether you’re depositing or withdrawing—currency conversion is always automaic and free.
How to make the initial deposit
My method cannot be used everywhere. Most banks and traders do not know what this method is about. And even when they do know about it, they would never, under any conditions, provide it to ordinary people. That's why it's very important to choose a reliable licensed broker who will allow you to make money. These are my two favourite brokers. Register with one of them - or even both of them. They both offer advice, video tutorials and a personal adviser - absolutely free.
Try out the strategy with a demoversion:
Minimum deposit: $10