The global reach of the Binomo platform accepts traders from over 130 countries. This article will cover the following questions: how to log into the Binomo account and start trading on the Binomo platform.
- How to log in to the Binomo account?
- How to log in to Binomo using Facebook?
- How to log in to Binomo using Gmail?
- Password recovery
- How to log in to the Binomo iOS app?
- How to log in to the Binomo Android APK?
- Login on the Binomo mobile web version
- Frequently Asked Questions (FAQ)
- I forgot the email from the Binomo account
- The message that the allowed number of login attempts was exceeded
- What should I do if I don’t receive an email with the link to reset my password?
- Not able to log in, account registered via Facebook
- How do I change my email address or phone number?
- How to trade on Binomo online?
- What is an asset?
- How to start trading?
- How does Binomo work?
- The best time to trade
- History of trades
- Is there trading software?
- Read a chart
- Use indicators
- Frequently Asked Questions (FAQ)
- Can I close a trade before the expiration time?
- How to switch from a demo to a real account?
- How to be efficient in trading?
- What does time remaining mean?
- Why are some assets not available to me?
- What is the time frame?
How to log in to the Binomo account?
The international online trading platform Binomo created different types of accounts for a trade where everyone can choose the most interesting conditions: starting from $1 to open a trade to a wide range of possibilities for Binomo Gold/VIP account.
Follow the steps below to log in to the Binomo website:
- Go to www.binomo.com.
- Select “Sign in” and click “Login”.
- Enter your username (email) and password.
- Confirm the entry by clicking on the “Sign in” button.
Note! If you are a new user, you can create an account by clicking Sign In – Registration. You can have an account by entering your email address and password and selecting the “Create account” tab.
Once logged in, you can view your account balance online, place trades, check your Binomo trading history, deposit, and withdraw funds without any hassle. Also after logging in, you have access to a Binomo demo account online with $10000 virtual dollars. With it, you can practice trading in a safe environment.
So, from this moment you only need to open a Binomo web page and log in to your demo account to practice the most interesting strategies and sharpen your skills in trading.
How to log in to Binomo using Facebook?
The blue icon “f” is familiar to millions of users who created profiles on Facebook. You may also see the familiar logo on the Binomo web login page. Follow this guide to quickly login to the platform:
- Kindly go to the Binomo website or app and click on the Facebook logo.
- A Facebook login window will open, where you will need to enter your email address and password from the social network.
- Then click “Log in”.
- Binomo will request access to your data (name, profile picture, and email address).
- Click “Continue as…” and after that, you will be automatically redirected to the Binomo platform.
After you have logged in, you can benefit from the platform’s online services in India and other countries.
How to log in to Binomo using Gmail?
If you want to log in to your Binomo demo, Gold, or another account using Gmail, follow these steps:
- Go to www.binomo.com, click on the “Sign in” and “Login” buttons, and then the Google logo.
- Enter your phone number or email in the appropriate field.
- Enter your password and click on the “Next” button.
If you’re already logged in to Gmail, you’ll be taken directly to your Binomo account. If not, you’ll be asked to enter your Gmail credentials again.
Password recovery
If you’ve forgotten your password for the Binomo account, don’t worry; reset is simple. Just follow the steps below, and you’ll be back in your profile in no time.
Instruction for web version users:
- First, go to www.binomo.com, click the “Sign in” button, and choose the “Forgot my password” link.
- Enter your email address or username that you used to sign up for your account.
- You will receive an email from Binomo for the password reset. Click on the link given in the email.
- You will be taken to a special section on the Binomo website, where you must enter a new password twice and click the “Change password” button.
Note! Creating a new password, remember that it must contain letters and numbers and be at least 6 characters long.
Instruction for mobile app users:
- Click the “Log in” button and choose “Reset password”.
- Fill up the email your account is registered to and click “Reset password”.
- Check the mailbox: you’ll receive a password recovery letter, open it and follow the instructions. Create a new password.
Once you’ve reset your password, you can log into your Binomo Demo, Gold, or other account and start online trading again.
How to log in to the Binomo iOS app?
Assuming you have already downloaded and installed the Binomo iOS app, follow these steps to log in:
- Tap the Binomo logo on your home screen to launch the app.
- On the main screen, choose the “Sign in” button.
- Enter your email address and password in the respective fields.
- Tap the “Sign in” button.
After logging into the Binomo mobile app, you will have access to almost all the trading functionality available on the web version.
How to log in to the Binomo Android APK?
The Binomo APK has no differences from an Android application. You can visit the Google Play store and search for “Binomo” to find it or click here.
To log in to the Binomo Android APK do the same steps as on an iOS device:
- Choose the “Sign in” option.
- Enter your email and password.
- Click on the “Sign in” button.
If you’re having trouble logging in to your Binomo demo, Gold, or another account, first, ensure you’re using the correct email address and password.
Login on the Binomo mobile web version
To sign in for the Binomo mobile web version, follow these steps:
- Enter the “binomo.com” website URL into your mobile browser.
- On the homepage, click on the “Login” button at the top right corner.
- A pop-up window will appear asking for your email address and password.
- Enter your login credentials and click on the “Sign in” button.
After logging into your Binomo account through the mobile web version, you can trade on the platform online just like you would on a PC.
Please remember that trading is risky. Registering your Binomo account is just the first step of the big journey that can’t be reached without learning and training from professional content on Binomo. Skill up to trade wisely!
Frequently Asked Questions (FAQ)
Let’s cover the popular questions about logging into the Binomo account.
I forgot the email from the Binomo account
Did you forget the email associated with your Binomo account? Here is how you can quickly recover it. First, remember if you have used any other email address to register for Binomo.
If you don’t know any different email addresses you may have used, don’t worry. Contact the customer support team at support@binomo.com to help you recover your account. Just provide them with your profile details, such as your username or phone number, and they will help you to get back the access and reset your password.
The message that the allowed number of login attempts was exceeded
If you receive a message that the allowed number of Binomo sign-in attempts has been exceeded, you might have tried logging into your account more than ten times within an hour.
There are a few things you can do:
- Wait for an hour, and then try to log in to your Binomo account again.
- Try resetting your password. If that doesn’t work, contact Binomo support for help.
In the meantime, keep your account safe by using a strong and unique password, and never share your login information with anyone.
What should I do if I don’t receive an email with the link to reset my password?
If you have not received an email from the Binomo trading platform with a link to reset your password, there are a few things you can try:
- Check your spam folder to see if the email was mistakenly marked as spam.
- Add noreply@binomo.com to your address book to ensure that future emails will not go to spam.
Feel free to create an appeal to the customer support team if you still do not see the email. They will assist you online in a short time no matter where you are, in India or other countries.
Not able to log in, account registered via Facebook
If you’re having trouble logging in to your Binomo account, follow the instructions:
- Click “Forgot my password” in the “Login” section. For mobile users, it is “Reset password”.
- Fill the form with the email you used for registration on Facebook and click “Send”.
- Check your email for a password recovery letter, open it and follow the directions.
- Create a new strong password.
Once you’ve done that, you should be able to log in to your Binomoaccount without any problems and open trades.
How do I change my email address or phone number?
Users of the web version should:
- Look on the top right corner of the platform, click on the profile picture, and then choose the “Profile” section.
- Change your private information: phone number or email in the “Contacts” section and click “Save”.
Mobile app users should do the next:
- Go to the menu and tap “Settings”.
- Enter your email and push the “Save” button.
If something goes wrong, feel free to contact Binomo customer care online and they will help to resolve the issues.
How to trade on Binomo online?
Before talking about effective trading on Binomo and investment opportunities, it is essential to understand how to reduce the risk of losing funds. Therefore, every trader should know how the Binomo trading platform works, from choosing assets to setting up charts.
What is an asset?
An asset is a financial instrument that can be used for live trading. Examples of assets include currency pairs, indices, commodities, and equity securities, to name a few. The complete list of assets available for trading on the platform can be seen in your account in the upper left corner next to the inscription “Binomo”.
The number of assets available for online trading depends on the type of your Binomo account:
- Standard – more than 40;
- Gold – more than 60;
- VIP – more than 70.
The price of assets is constantly changing depending on the market situation. The task of traders is to analyze it and forecast how the price of an asset will change at a specific time.
To select the asset, for example, the EUR/USD currency pair, follow these steps:
- Click on the asset in the upper left corner of the platform to see the list of available assets.
- Choose one of the assets to trade. The assets available for your account type (Standard, Gold, or VIP) are divided into sections.
If you’re using the web version of a platform, you can trade on multiple assets at once. Click on the “+” button to the left of the asset section. The asset you choose will add up.
Note! Some assets are only available on certain days of the week.
How to start trading?
Having the necessary capital is one of the steps to start trading on Binomo. But the availability of funds is not enough to ensure positive results. It is important to understand how Binomo works, what trading tools it provides, and how to use them effectively.
That is why beginners should first try their hand at a demo account before moving on to real investments and trading on Binomo. It is a safe environment with virtual $10000 where you can learn how to trade on the platform. At the same time, the demo account allows you to use live charts for trading.
Note! Binomo provides its service in Hindi, English, and others (except Malayalam).
How does Binomo work?
The Binomo investment platform is available in India, Nigeria, and more than 130 countries worldwide. Here, a trader can invest and trade regardless of their experience. And all thanks to the convenient and straightforward FTT system (Fixed Time Trades).
Let’s take a look at how to invest and trade on Binomo:
- Select an account type. Before live trading, do not forget to switch from a demo account to a real one.
- Select an asset from the list available for your account type. The percentage indicated next to the asset determines its profitability. The higher it is, the more you will get from the trade amount in case of a correct forecast.
- Set the trade amount. The minimum trade amount is $1 or the equivalent in your account currency. The maximum trade amount is $1000. The safest way for beginners is to start trading on Binomo with a small investment to test the market and get comfortable.
- Select an expiration time of the trade. It is time the trade ends. In the “Time” section, you can set the best time for your trade from 1 to 60 minutes. In the right column, you will see 1-minute periods; in the left column, you will see 15-minute periods.
- Make a forecast. Analyze the asset price movement on the chart and make your forecast whether it will go up or down. Click on the green button if you are sure that the asset’s price will go up or on the red button if you are sure that it will go down.
If your forecast is correct, you will get additional income from the trade (the invested amount and a percentage of it). Otherwise, you will lose your investment.
Note! The profitability of the trade depends on the type of Binomo account: up to 85% for Standard, up to 90% for Gold/VIP.
The best time to trade
Day trading is perfect for you if you have learned how to manage your capital, identify trends, and instantly react to changing market conditions.
At night, the market is calm, so for beginners, it is the best time to trade. The chosen strategy also affects the trading time. For instance, the “Night channel” strategy can work at night, but it will bring losses during the day.
History of trades
The Binomo platform allows you to track your trading activity. You can find information about completed trades in the “Trades” section. The history of trades is available in the Binomo web version and the mobile app.
To view the history of opening and closing trades, follow these steps:
- In the web version, select the clock icon and click on the preferred trade.
- In the mobile app, open the menu and select the “Trades” section.
- In the new Android app version, tap on the clock icon in the menu bar at the bottom.
Trade history is a valuable tool to help you track and analyze your trading progress. All this will eventually improve your trading skills.
Is there trading software?
You can trade leisurely on your PC on the Binomo platform at home or use the mobile app to invest and trade on the go. The mobile software is in no way inferior to the web version of the platform, while it is available wherever there is an Internet connection.
Note! You can download the mobile app on the official website www.binomo.com using the QR code or the Google or Apple app stores.
Read a chart
The chart displays the change in the price of an asset in real-time; therefore, it is an important trading tool for a trader. The platform has four types of charts: Bar, Candle, line, and Mountain. You have to choose a chart type that will allow you to analyze the market, invest and trade in real-time effectively.
Let’s see how to customize the chart according to your preferences:
- Click the chart icon in the bottom left corner of the platform and select a chart type. As a rule, the Candle chart is the most informative and useful.
- Click the time icon and set the time frame, which displays the frequency of new price changes in the asset.
- Adjust the chart’s scale by pressing the “+” and “-” buttons or scrolling the mouse. If you use a mobile application, zoom in and out on the chart with your fingers.
Note! You can select the chart type, time frame, and indicators in the new Android app version on the panel above the chart.
Use indicators
Indicators are another useful trading tool for chart analysis. They clearly show how the market and the price of an asset are changing. Indicators work well with strategies to help traders make correct forecasts.
There are various indicators on the Binomo trading platform: RSI, Moving Average, Bollinger Bands, and others. You only have to choose which indicators are best for their purposes.
Consider how to set up indicators on Binomo:
- Click the “Trading tools” icon in the lower-left corner of the platform.
- Click on the indicator you need.
- Customize it as you wish and click “Apply”.
You can see all active indicators above the list. If you use the mobile app, they are displayed on the “Indicators” tab.
Despite the variety of trading instruments and demo accounts for practice, it is essential to remember that trading always carries the risk of losing funds. Only improving your trading skills and the ability to use the strategies and functionality of the platform correctly will reduce this risk.
Frequently Asked Questions (FAQ)
Below are some frequently asked questions that will help you understand how to trade on the Binomo platform.
Can I close a trade before the expiration time?
The Binomo platform uses FTT mechanics, so you cannot close a trade before expiration. For example, if you select 17:30 as your expiration time, the trade will close at precisely 17:30. You cannot change the end time of the trade.
How to switch from a demo to a real account?
You can switch from a demo account to a real one at any time by following these steps:
- Find your account type at the top corner of your Binomo dashboard and click on it.
- Choose “Real account” on the dropdown menu.
- Wait for a notification that you are now using a real account.
You will be able to start trading with real funds after switching from a demo account to a real one.
How to be efficient in trading?
To trade effectively, making the most of every opportunity is crucial. It will allow you to correctly forecast the asset price movement, eventually leading to additional income.
Below are some tips to help you improve your trading efficiency:
- Explore the platform first before embarking on an actual trading journey. You can use a demo account to familiarize yourself with the different tools and strategies available on Binomo. You can also participate in the free “Daily Free” tournament to test your potency against real traders.
- Choose familiar assets for trading. If you don’t know what assets are popular, start by researching them. Focus on one asset and try to forecast how its price will change.
- Test the market by depositing small amounts. On the Binomo trading platform, you can open a trade for as little as $1. You can increase the trade amount when you are confident in your trading skills.
- Learn new strategies, techniques, and mechanics in trading. Doing so will help you make sound trading decisions in the long run. For example, you can find an excellent strategy section on the Binomo platform that describes how to use them step-by-step.
What does time remaining mean?
The remaining time is the time left for the trader to open a trade with the selected expiration time. In the mobile software, it is called “Time to buy”. It is marked with a red vertical line on the chart and displayed above it (in the web version).
The remaining time depends on the set expiration time. When you change the expiration time, the remaining time also changes.
Why are some assets not available to me?
Not being able to see certain assets in your Binomo account is due to two reasons:
- Your account status. Some assets are available only to owners of certain accounts. For example, if you are a Standard account holder, you may not be able to access some assets that are only available to Gold or VIP account holders.
- Asset availability. Some assets are available only on certain days of the week.
What is the time frame?
It is the period during which the chart is formed. In the web version and mobile app, you can change the time frame by clicking on the icon in the lower-left corner of the chart. In the new Android app version, this function is located on the panel above the chart.
Note that the time frame can be different depending on the chart type:
- For the bar and candle charts, the minimum frame allowed is 5 seconds, while the maximum is 30 days.
- For the line and mountain charts, the minimum frame allowed is 1 second, while the maximum is 30 days.
The time frame you set for each chart will determine the number of times that price changes are displayed on the charts. With an increase in the time frame, the main trends in price movement become noticeable, with a decrease – current, local trends.