You need to start the broker review with how to make money on Binomo. If you think that this can be done with the help of strategies, then you are right. But there are other possibilities. The Binomo training offered provides a specific set of tools with which each trader can use his deposit with good enough profit. We will tell you in detail right now how to trade on the Binomo platform, and most importantly, win on it.
Binomo platform: instructions for use
Before talking about how to make money on Binomo, you need to register on the broker’s platform. It is very simple to do this – enter your login, password, select the account currency on the main page and fill out the form. On the official Binomo video, you can easily figure out how to take your first steps on the platform.
Binomo: strategies – how to make money
The platform is intuitive, so a separate video with Binomo training is most likely not required. In the centre is a chart of our chosen asset. On the right we see windows with which you can bet and earn on Binomo both on minute forecasts and longer ones:
- A window with a bet amount selection. If the forecast is correct, the broker will charge up to 90% of the money from above. For example, each winner of 1000 rubles will bring 1900 rubles.
- Expiration time – i.e. after how many seconds, minutes or hours we expect the price to rise or fall (choose before a specific time – for example, until 21:30).
- Finally, the green and red buttons indicate our choice: up or down.
What are the advantages of the Binomo platform, and what tips to give to beginners – is it worth registering with this broker? It is up to you and you to decide. We only note the objective advantages of the site:
- The graph is on a large, convenient scale. It seems that this is a trifle, but you can see that it is the ease of perception of the picture that plays an important role.
- Right on this chart, you can get the opportunity from Binomo to both win and study the market. The thing is that you can make money on Binomo using tools such as technical indicators. You take and apply them directly to the chart – simple and convenient.
- Along with indicators, it is possible to use various lines, plugs, Fibonacci levels and other Binomo strategy tools.
- The amount of assets available for choosing a trader is more than 80. This means that the Binomo earning strategy can be any. Indeed, if you do not see the entry even on 30-40 assets, you have at least as many tools on which you can analyze the situation and enter the market perfectly precisely.
- You choose any expiration time – from 1 minute to 24 hours. The Binomo platform is suitable for all traders – with long strategies or short entries for one or several minutes. Of course, the Binomo broker usually gives tips for beginners: first you need to test your strategy, and only then take risks for real money. Therefore, take your time – everything needs to be done meaningfully.
With a platform like Binomo, all traders can win. Even if the strategy is designed for 1 minute, the terminal will not let you down, because it is updated in 1.7 milliseconds. This means that in a second the incoming information will be updated several hundred times! Due to this, incoming quotes (price values) have exceptional accuracy.
Earnings strategies on Binomo
Of course, the question of how to play on Binomo, you need to start with a strategy. Even if you do not risk entering real money yet, you can test any trading system on a virtual demo account and not invest a penny at the first stage.
Binomo training is available on video. Also, many strategies can be found on the net. Take for example the simplest one that you can understand and apply today. We go to the platform and set only 3 indicators:
- Two exponential moving averages – choose periods 5 and 10.
- Normal RSI (do not change the settings).
- MACD indicator with settings 20/40/9.
This Binomo trading strategy for beginners is best suited – even on the screen, it looks very simple.
Binomo: strategies – how to make money
Traders recommend choosing any currency pair for trading where there is EUR or GBP. Entry rules – nowhere are easier.
- RSI crosses level 30 from bottom to top;
- moving averages crossed and moving up;
- MACD lines are directed up.
- RSI crosses level 70 from top to bottom;
- moving averages crossed and moving down;
- MACD lines are directed down.
As already mentioned, for beginners, this Binomo trading strategy is optimal: simple, clear and without unnecessary indicators. To make sure that you enter the market correctly, you can also rely on Binomo signals. But still, they will not replace the strategy, because a beginner needs to learn to see the market with his own eyes.
How to make money on Binomo without investments
You may not believe it, but this is also possible. Better see for yourself – especially since it can be done completely free. Many Binomo training videos describe how the broker provides the ability to open a demo account. It opens just like a real one, only the broker charges the money.
It will not work to withdraw them – they are virtual. But you can check out any strategy without risking anything. And every trader gets a real chance from Binomo how to trade or even make money without a starting investment. Every week, the company holds a tournament specifically for beginners with a virtual deposit.
20 lucky ones get real $ 150 to their account. With this help, you can play on Binomo – i.e. to manage money as if you had started it yourself. Well, then already cash out the funds or continue to use the deposit your way to earning more – this is at your discretion.
The tournament, although called weekly, is often held 2 or even 3 times a week. Therefore, all that a beginner needs to do is register on the site and regularly wait for the appropriate signal about the start of the Binomo tournament.
It turns out that you have all the opportunities to master the Binomo earning strategies, and other methods of increasing your deposit. Interestingly, with a broker such as Binomo, you can earn money without investments. That is why this company is one of the most attractive binary options on the Russian market.