How to Register and Trade Binary Option at Binomo

How to Register and Trade Binary Option 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 Binary Option 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 Binary Option 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 Binary Option at Binomo


Register Binomo account with Facebook

You can also register on this site using your personal Facebook account.
How to Register and Trade Binary Option 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 Binary Option 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 Binary Option 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 Binary Option at Binomo
On this site, you can familiarize yourself with these documents in the following sections.
How to Register and Trade Binary Option 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 Binary Option 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 Binary Option at Binomo

How to trade at Binomo

This article will show you how to open a trade in Binomo for beginners after registering an account.


Step 1: Choose Suitable Trading Assets With The Corresponding Profit

There are a lot of pairs of assets. Income ratio is the percentage of the total amount of money that you use to invest in a trade. For example, with the EUR/USD pair and its income rate 80%. If I succeed in the trade with 1$ investment, I will receive 0.8$ as my income. The experience of professional traders shows that you should trade with pairs of assets that have a payout ratio from 70% to 85%. Because the higher the profit, the higher the risk.

In order to choose the right pairs of assets, follow this guide:
Click to the “+” symbol in the upper left corner of the screen. A table that lists all the assets and their income appear. Please note that the income rate depends on the trading time (short – under 5 minutes or long – over 15 minutes).

For example, let’s look at the pair of EUR/USD in the below picture. Its income is 82% in short trading time (1-5 minutes) and 80% in long trading time (15-60 minutes)
How to Register and Trade Binary Option at Binomo


Step 2: Set Up Japanese Candlestick Chart With A Reasonable Time Period

When you choose a suitable pair of assets, you need to choose a suitable price chart. Experienced traders often choose Japanese candlestick chart.

This chart is an effective chart to estimate prices in the market. y, It is better start practicing with it from if you  want to get profit from trading. To set up Japanese candlestick chart, follow this guide:
  • Click to the symbol of the price chart on the Binomo screen.
  • Choose Japanese candlestick chart.
How to Register and Trade Binary Option at Binomo
Choose the candles time period. If you are a beginner you should begin with 5-minute candlesticks because it will not affect your emotions remarkably. Our emotions affect your account badly in trading. To set up trading time, you should follow this guide. At Binomo screen, choose the symbol of time and then choose the time
How to Register and Trade Binary Option at Binomo


Step 3: Choose The Expiration Time And The Amount You Invest In A Trade

Expiration time is the time to end the trade. There’s a lot of expiration time for you to choose: 1 minute, 5 minutes, 15 minutes, etc. It is safer for you to begin with a 5-minute time period, and 1$ for each trading investment.

Also  there’s a line that shows the purchase time for your trade. You should pay attention to this line. It lets you know if you can open another trade. And the red line marks the end of the trade. At that time, you know the trade can get profit or can not get profit.
How to Register and Trade Binary Option at Binomo


Step 4: Choose An Deal Up Or Down

This will decide if you can get profit or not. After setting up all the steps, pay attention to the green and red button with the up and down arrow on the screen.
  • You predict that the price will rise during trading, press the green button. If you are right, you have profit, or the price can go down, then you are wrong and you lose 100% of your investment.
How to Register and Trade Binary Option at Binomo
  • If you think the price will fall in the trading time click the red button. Also, if you are right, you have an income of the asset. If you are wrong, you lose 100% of your profit.
How to Register and Trade Binary Option at Binomo


Conclusion

At first, you may feel confused, and opening a trade seems difficult. It’s take time and practice to become a professional trader on Binomo.

These are the basic trading steps. At first, you should practice in order to get used to it.
 
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Source: https://forexsiri.com/how-to-register-and-trade-binary-option-at-binomo-1009113
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