India sees the decentralized global Forex market as a threat to its sovereignty. For this reason, the government of India has limited Forex trading to a great extent. On Dec 10, 2015, the Reserve Bank of India permitted exchanges to offer options and futures contracts in three currency pairs: GBP/USD, EUR/USD, and USD/JPY. Binomo is a binary options broker founded in 2014 to offer trading in a broad spectrum of financial assets. Binomo originates from Russia, with two firms behind the brand. The first is Tiburon Corporation Limited, a company which has registered offshore in Seychelles. In addition, Tiburon Corporation Limited is regulated by the Financial Markets Relations Regulation Center (FMRRC), an ... Binomo seems to be a good choice for the new trader because they offer a minimum deposit of $10 and a minimum trade amount of $1. Even if you were only to deposit $10, you would be able to execute ten trades to test the platform. Customer support seems reasonable, and the mobile trading experience is suitable for trading on the go. In our opinion, if you are looking for a broker that suits the ... Is Binomo Safe or Scam ? Find out what it is and how does it work in our review about this investment trading app. English tutorial on how to use it in India, Malaysia and Nigeria. Skip to Content. Binomo: Trading App Review 2020 Safe Investment or Scam? 3.7 / 5. Visit Site → The international market has several leaders in online trading, including Binomo. Established in 2014, it is ... Regular Binomo trader competitions offer lots of money for winning. The number of prizes usually ranges from 20 to 60. This gives chances even to those who are not brilliant traders from birth. The potential of Binomo tournaments is very high. In fact, they provide an easy way for traders to earn with zero risk of losing their money by trading in the “Daily Free” competitions. 1. Is Binomo Legal in India? Ans: No…Binomo is not legal in India actually. However, you won’t be jailed for trading in Binomo it’s just it is not advised by the Government of India. That’s it!! 2. Is Binomo Legit? Ans: Binomo is one of the trusted & safe trading options for traders. They offer time to time payment which is actually ... Binomo is a simplified version of trading on the stock market. In trading binary options, the same data, assets and quotes are used as in traditional trading. You can start trading with a deposit of only $10, and transactions can be made starting at $1. Binomo is a binary options broker located in Saint Vincent and the Grenadines, where it is operating as an unregulated brokerage company. Instead of being overseen by the government, Binomo has chosen to join FinaCom, which is a private and independent organization that can mediate disputes between traders and binary options & forex brokers. Before choosing which options broker to trade with, it’s always recommended that you compare among two or more platforms. In this review, we’ll compare IQ Option vs Binomo. The comparison will be based on the key features you should look at. They include the following: How long the broker has been operational The regulatory body […] How good is the platform Binomo? - Scam or not? Real (1) user-reviews and ratings from traders Trading conditions Read more
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