How to Register and Trade Forex at Binomo

How to Register and Trade Forex at Binomo

How to Register Account at Binomo

Register Account on Binomo with email

In order to ensure the legality and security of the company’s services, access to trade on this site, you need to have a real e-mail, as the company is conducting a procedure to verify the user’s identity and the information you provided.
How to Register and Trade Forex at Binomo
To register on the site you need to perform the following steps:
  • enter your email address and specify a password
  • choose the currency of the account
  • it is necessary to accept all the of the user agreement specified on this site.
How to Register and Trade Forex at Binomo
In order to secure your account, you must create a strong password in accordance with the requirements specified in the registration window under the word «password»:
How to Register and Trade Forex at Binomo


Register Binomo account with Facebook

You can also register on this site using your personal Facebook account.
How to Register and Trade Forex at Binomo
If you are not authorized in advance in your Facebook account on this device, then at the time of registration on the site the system will ask you to do this.

Register Binomo account with Gmail

This site is available for registration using your personal Google account. Here you also need authorization in your Google account.
How to Register and Trade Forex at Binomo


Select currency when you Open Binomo account

To select a currency on the site, you can focus on your location. For the local currency that is relevant in the region. But despite everything, the US dollar is considered the most stable and strong currency.
How to Register and Trade Forex at Binomo


Accept the Client Agreement and Privacy Policy on Binomo

In order to minimize the risks associated with the funds in your account, you need to carefully read the Client Agreement and Privacy Policy.

The Client Agreement contains a full description of the services of this site, the rights and obligations of the parties, and most importantly, an agreed level of quality of the provision of this service.

Privacy Policy is an internal document that establishes the rules for the collection and processing of personal data of users on a specific web resource.

You should familiarize yourself with these documents during your first visit to the site or during registration:
How to Register and Trade Forex at Binomo
On this site, you can familiarize yourself with these documents in the following sections.
How to Register and Trade Forex at Binomo


Register account on the Binomo iOS mobile platform

Registration for the iOS mobile platform is also available for you. You need to install this application on your mobile device. After that, you need to register account or, if you already work with this trading platform, log in to your account.

To register, you need to perform the following steps:
– enter your personal email address and password

– choose account currency

– it is necessary to accept all the terms of the user agreement, prescribed on this site.

For convenience, in this mobile application, you can activate the «keep me signed in» button, so that the next time you open the application, authorization is performed automatically.
How to Register and Trade Forex at Binomo


Register account on the Binomo Android mobile platform

For you, registration is available on the Android mobile platform. You can find app in the Google Play Market.

Next, you need to install this application on your mobile device. After that, you need to register account or, if you already work with this trading platform, log in to your account.

To register, you need to perform the following steps:
– enter your personal email address and password

– choose account currency

– without fail to accept all the necessary conditions of the user agreement, prescribed on this site.

For convenience, in this mobile application, you can activate the “Keep me signed in”, so that the next time you open the application, authorization is performed automatically.
How to Register and Trade Forex at Binomo

How to trade Forex at Binomo


How do I Know When To Trade Forex?

In this section, we will learn the right time and day to trade. Generally, it is advisable to trade forex from Monday to Wednesday then you stay off for the rest of the days. The reason for this is that market is always noisy that means so many people are buying and selling during those days, but from Thursday to Friday the population of the market begins to reduce, at this point your trading on your own risk.

This is the principle that is guiding the global forex world for those that wants to succeed, but that does not mean that the market will be closed, the market will be open, but you will also notice that the indicator (indictors are lines that shows the direction of the market) will not be moving fast the way it moves on Monday to Friday.

Another thing that affects forex market is strike and holiday. Whenever Banks in America are on holiday or strike it, do affect the general forex market. But there is a way to check all these things, even the number of people trading in the whole world and the stocks they are trading. The website is www.forexfactory.com. You will get every information or news you need as long as forex trading is a concern.

Since this one is satisfied we move to on-site analysis, at the left-hand side of the website, you will see different stocks to trade such as Bitcoin, Etherium, USD, bitcoin cash, Monero and many of them. All of them have their time of opening and closing along with their percentage. For instance, Euro/Usd open 6. A.M in the morning and closes by 8.P.M at night.

Anyone that is open you will see it attached with it percentage such as 60%, 70%, 80% or 90%, the rate means the possibility of making a profit from that particular stock and those without percentage implies that they are closed you cant trade on them. When you select the one you want to trade and the type of indicator you want like moving mountain or Candlestick depending on the one you will understand, for me I like using Candlestick. You lookout for the radar by the right-hand side of the website.

Radar is an important thing for consideration in Binomo Forex trading, in that website the radar appears on red and green colour with percentage, the red one shows that the stock is going downward trend and the green one shows that the stock is going upward trend. The radar tells you the percentage of people predicting up and down even robots.

Let us take for instance you want to trade that the stock is going upward, but the percentage is 40 or 50 you don’t purchase because it can change very fast here, but when it is from 60, 70 and above that is a perfect time to buy and make on Binomo forex trading platform. Once you win a trade, it will be credited to your account immediately.

When you place an order, you will see the amount you set and the duration of expiry, and I mean the time that the trade will expire. The time can be 1,2,3,4,5,10, 15 minutes. it can also be in the form of weeks and months depending on your choice but the best time frame is 5 minutes. If you place a trade that after 5 mins a particular stock will rise and after 5 mins it remains up then you win the trade, the same thing applies to a downward for trend.

Trading Forex on Binomo is different from Binary options in that you can install limit conditions to terminate the order. As examples below the indicators are as follows
  • Take Profit: When your trading profit reaches 80%, the transaction will end by itself
  • Stop Loss: When you lose up to 95% of the bet amount, the order will end automatically

How to Register and Trade Forex at Binomo


What are the Devices that I can Use To Trade Forex On Binomo?

Technology has made things easy for us these days in the sense that most of the websites we do visit are now transformed into a simple app. Binomo has an android app where you can trade and monitor your trade at any time from anywhere. It supports at least Android version 4.0. log on to google play store and type Binomo trading app it will appear for you to download and start making money on Binomo trading platform.

If you have a laptop or desktop, it is also good. Still, the essence of creating an android application is that you can get notify about the market trend and even place a trade at anytime you want as long as you have access to an internet connection.
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Source: https://binomo.plus/how-to-register-and-trade-forex-at-binomo-1009114
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