Binomo appeared on the binary options market more than 5 years ago. The broker keeps the pace with time, constantly upgrading and expanding its capabilities. Binomo mobile app appeared in 2016, it supports Android and IOS devices. Using such a trading platform, you can carry out workings 24/7 from almost everywhere in the world. This article will tell you how to install the mobile version of Binomo on a smartphone or tablet, and also reveal main options that it offers to the user.
Installing Binomo Mobile App
To start using this application, you must install it on your device: smartphone or tablet. If the gadget supports Android, go to the Google Play Market, or, if you are using devices with the IOS operating system, go to the App Store. In the search bar, enter “binomo”, “binomo app”, “binomo apk”, “binary options”. Next, choose the option “Binomo/Smart Investment”. Then just click the “Install” button to download the application.
This app is suitable for Android version 5 or IOS 8.0. The file size (mb) is short, so the download and installation will complete in a couple of minutes. After all that, a yellow icon will appear on the screen of your device, binary broker logo is located on it. Binomo Mobile is ready for work!
Logging into Binomo Mobile App
If you already have a personal account on the Binomo desktop website, access to the mobile app works the same way: you need to click on the appropriate button, enter your login and password.
If you don’t have one, you need to go through a simple registration procedure. Open the authorization form, enter a valid email address, create a password, and then select the account currency: dollar or euro. Remember that you cannot change the type of currency after completing the registration procedure. Also, you need to select the type of deposit account: real or demo.
Are you a beginner in online trading? We recommend you to try demo account at https://binomo.com/ at first. It is completely free. Moreover, immediately after registration, 1000 dollars will automatically deposit onto it. Funds can be used to complete the first training deals and research the functionality of the trading platform. It is impossible to withdraw them. This is digital money designed exclusively for training.
To start real trading and earning, you need to replenish a deposit account in the amount of 10 dollars or more. A similar condition is put forward for users who want to participate in tournaments systematically held on Binomo. Invested money does not have to be spent. The main thing is that they must be on deposit account.
Binomo mobile platform functionality
About the functionality, mobile version of Binomo is 80% identical to the desktop version, that’s why it is not difficult to deal with it. Smartphone or tablet software allows you to:
- change the type of visual display on the graph;
- view 4 exchange trading charts at the same time;
- scale the work schedule;
- view the “Majority opinion” indicator;
- set the required expiration period;
- determine the amount of transactions. The cost of contracts on the Binomo trading platform is from 1 dollar and above;
- set levels of loss compensations.
Using the terminal of Binomo mobile version, you will get access to the following tabs:
- Trading. Here are the Up/Down contacts with an expiration period of 1 minute to 1 hour. You will also see a basic set of assets and statistics on your financial transactions.
- Technical analysis. The section is represented by three indicators – Bollinger Bands, Alligator and SMA, the parameters of which can be changed in a direction convenient for you.
- Graphic. There are three types of graphics on Binomo: linear, candlestick and bar, with a timeframe from 1 second to 5 minutes. In the same section you will find visualization of opened transactions, entry points and the time of expiration.
- Finances. The platform supports more than 10 different payment systems that can be used to replenish a deposit account and withdraw funds. In order to be able to withdraw money from the system to a bank account or electronic wallet, you need to go through the verification procedure (confirm your identity) by uploading a scan of your passport to the broker’s official website.
- Others. This section provides actual information on tournaments at Binomo, a form for communicating with a support service, ongoing promotions, rules for working on a trading platform, etc.
If you want to participate in the tournament at Binomo, you must submit an application by clicking on the “Register” button. It is also required to deposit a certain amount on a deposit or replenish a special competitive account. The minimum amount is 10 dollars.
The mobile trading terminal differs from the Binomo desktop version in the following parameters:
- fewer amount of indicators (3 instead of 14);
- no possibility of graphical market analysis (drawing);
- no economic calendar and actual news.
How to trade in a mobile app?
The procedure is similar to algorithm provided for a computer browser. To complete a deal, you must perform the following manipulations:
- Select the right active (EUR/USD buttons).
- Decide on the type of binary option: “Turbo” or “Classic”.
- Use the “+” and “-” buttons to set the deadline for the transaction.
- Put the investment amount in the appropriate box.
- Press the green (“Up”) or red (“Down”) button.
Now all that remains is to wait until the expiration period ends. After that, the system will display the result: profit or loss. If you don’t have time to wait for the end of the round, you can view the information on the History tab at any time.
As a conclusion, let’s note that the Binomo Mobile App is made quite qualitatively and has got the advantages of a desktop version. With it, you can start trading non-stop, earn real money, make profit as quickly as possible and make full use of all the opportunities that Binomo financial company provides to its traders.