Binomo knocks on your door with an opportunity to earn an additional income
With the decreasing rate of interest offered by the Indian banks, the young Indian populace is gently shying away from the conventional saving schemes. Instead of saving money in fixed deposits, people are showing an inclination towards direct investment in the share market.
With the decreasing rate of interest offered by the Indian banks, the young Indian populace is gently shying away from the conventional saving schemes. Instead of saving money in fixed deposits, people are showing an inclination towards direct investment in the share market.
See Zee Business Live TV Streaming Below:
For ambitious people with an interest in trading, Binomo can become the perfect platform. Binomo is an honest trading platform and a category “A” member of The Financial Commission. It enables its users to earn an additional income through online trading. It serves those who know how to trade, as well as those who are new in the field of online trading. The best part is, Binomo allows everyone to earn from the comfort of their home.
How can you trade on Binomo?
In conventional trading, an investor buys stocks or shares of a particular company. When the prices of those shares go up, the investor sells the share and book profit. However, trading on Binomo is a little different from stock market trading. Binomo trading acts on Fixed Time Trades (FTT) principles, also known as accurate forecast.
Traders on Binomo are required to predict the movement of assets – whether the prices will go up or take a dip. To make the right decision, one must know how to analyse charts, decipher key indicators, and factor in every critical point. Only a sensible analysis can lead to a correct prediction and thereby, enabling the trader to book profit.
While some people are expert traders and know how to trade, there is a huge number of newcomers who do not know the nitty-gritty of trading, let alone accurate forecasting. Fret not! New users can learn how to trade and hone their skills with the free demo account on Binomo. Moreover, Binomo will credit $1,000 in the free demo account that you can use to practice trading.
Besides, Binomo offers free training and also allows the users to read their extensive knowledge base available on the Binomo platform itself. Once you master the skill of online trading, you can trade from anywhere in the world. Trading on Binomo is convenient and straightforward.
Binomo is a reliable trading platform with transparent operations. You can start trading right after you register on the platform. It follows the same user-friendly approach when it comes to making deposits and withdrawing your profit.
Users need to visit the cashier section on the Binomo platform and deposit fund using bank cards. One can also use an e-wallet to deposit funds.
Similarly, withdrawing the earnings from the Binomo trading account is hassle-free. Set the amount you want to withdraw, and select your preferred mode of transaction. You can withdraw funds using bank cards or choose an e-wallet.
Encouraging information about Binomo trading is the minimum threshold of the trading amount. Traders need to maintain a minimum of INR 350 in their trading account, and the cost of trade starts as low as INR 70.
It is a new-age trading platform for young Indians and has its pros and cons. To list its pros,
● Binomo is an honest and reliable trading platform
● Binomo allows new users to learn the skill before trying their hands at trading
● It offers a free demo account with a $1,000 fund
● It has a 24x7 online customer service
It allows very low-cost trades, and it cost very little to maintain the trading account.
Now, to count the cons, there is one warning for every trader, and it goes with trading as a whole. While Binomo allows earning an additional income, it also has some risks. Before one starts trading, he should keep in mind –
● Trading is subject to market risk
● The trader can entirely lose his trade-money, in case the prediction is wrong
● Traders need to carefully analyse the charts and fundamentals before they start trading
If you think you should grab the opportunity of earning an additional income, that too from the comfort of your home now is the chance; start early and go far. Binomo is available on Android, iOS and desktop.
(Disclaimer- Brand desk content)
05:45 PM IST