Forex Brokers in South Africa
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Binomo may be a relatively new binary options broker, which stands out due to its “fresh” outlook on options trading. Registered in Seychelles, Binomo holds SSL security certificates. For high-end security measures and user-centric approaches, Binamo has become a profitable platform for trading for options traders, both newcomers and seasoned traders.
Demo Account
Traders can trade their assets on Binomo employing a demo account. The broker provides its users with a vast amount of virtual currencies which may be used while training in real market conditions. this is often particularly useful to beginners who can try their strategies without losing any funds. Also, for knowledgeable traders, this will function a secure option for testing advanced trading strategies.
Trading Conditions
- Binomo is well-known for combining the 2 major features that contribute to successful trading: a user-centric platform and profitable trading conditions. a number of its key trading conditions are summarised below:
- Traders can trade their assets by making a deposit as low as $10. The minimum deposit is lowered to $10 to permit traders to require part within the futures exchange with any available funds.
- The minimum lot is kept at $1, which allows traders to guage the risks with a minimum deposit.
- The traders can expect a profit up to 85% on their deposits. On some occasions, the profit may reach 90%, allowing users to rapidly multiply the deposit amounts.
- The broker exposes the traders to high-tech features for trading and forecasting market trends.
On the brokerage site, traders can access wide format charts, which accompany scaling options.
Users can view the history of price movements. - The broker also offers a moment execution option for optimal trading experience. The broker also offers a moment execution option for optimal trading experience.
Underlying Assets
Registered users of Binomo can trade quite 80 different assets with diverse currency pairs. As a number one broker within the market, Binomo constantly strives to update and expand their asset list. aside from forex, investors also can trade stocks, metals, and commodities.
Trading Binary Options on Binomo
Binomo are often a particularly lucrative platform for trading binary options. apart from an access to a good range of trading tools and methods , traders also are given tools for forecasting the worth movements. Also, high-speed technology ensures faster transactions at highly profitable levels. What’s more, the traders can trade their on the non-stop trading mode using quite 50 basic assets. When it involves expiration limit, Binomo offers a good range of expiration periods, extending from 60 sec to at least one day.
Trading Platform
Binomo allows its users to trade on their Proprietary Trading Software. it’s widely recognised for launching its own trading terminal which is favourable for trading options. within the bid to remain relevant within the trading world, Binomo is consistently updating their brokerage site with innovative features. additionally , the supply of operational tools, along side “fresh” approaches to options trading, guarantees an upscale trading experience.
Mobile App
Traders can execute their trades faster with Binomo mobile trading app, which is out there for both iOS and android software. a number of the beneficial features of the mobile app include:
- Access to Transaction History
- Trading Signals
- Quick Access to Charts and Indicators
- Browse Real-Time Pricing
- 24/7 Support
Deposits and Withdrawals
When it involves payment methods, Binomo offers unprecedented flexibility. Users can deposit/withdraw their funds using any of the subsequent methods:
- MasterCard/Visa
- Wire Transfer
- Neteller
- Skrill
- WebMoney
- Yandex.Money
Qiwi
Education
Binomo equips its account holders with a good range of trading tools that allow traders to form accurate forecasts regarding the worth movements.
Training
Binomo provides users with a educational program , which has been compiled by trained professionals. All the strategies offered by the tutorial are up-to-date and tested in real market conditions. is usually |this can be”> this is often why Binomo is often considered a favourable brokerage options for beginners who can grasp the nuances of trading from the time-tested theories and marketing research . a number of the training materials offered by Binomo include:
- Interactive Guides
- Videos
- Lessons
- Knowledge Base
- Webinars
- Demo Account
- Up-to-date and Tested Strategies
Binomo Tournaments and Bonuses
Binomo offer a number of exciting incentives to its users (T &C apply). to start with, there’s a classic bonus scheme for the first-time users. Also, it extends various other bonuses to the traders, aside from introducing a plethora of interesting promotional schemes programs. Besides this, it also organises tournaments, allowing traders to win enticing incentives.
Customer Service and Support
Customer support may be a vital aspect of a broker. As an internationally renowned broker, Binomo supports its users with a 24×7 customer helpline, wherein customers can get in-tuned with the support team with their queries at the time of trading. The in-house customer support team comprises of strong professionals who are skilled to tackle all types of trading issues. Conveniently enough, the services are often availed in multiple languages.