Binomo is a trading platform that is known in more than 130 countries around the world. If you’re beginners and don’t have a login, this article is a time saver. The basic steps for sign in and sign up on Binomo are given here which makes the process simple for you.
Sign up and login on the website
When you visit the main page of a website www.binomo.com on PC for login, there will be a “Sign-in” option at the top right corner. You need to click that tab, and a bar will pop out with two buttons, i.e., Facebook and Google.
Right below this way, you have to enter an email (it will be your login) and password to make a Binomo account for trade. The password should not be less than 6 characters, and you can use numbers and letters for security.
Note! On the Binomo login page you can also choose English or other 11 languages
If you choose to sign up with the email, you’ll just have to fill in your adress. Set your password, and you’re a registered trader on Binomo.
If you want to register with your Facebook, select this logo on the bar. A new window will open from where you can sign up to Binomo using this data.
You can also select the third way, i.e., sign up with a Google account. Select this logo in the bar, and a new window will open.
You can’t change your Binomo account currency once you’ve registered with your selected one. However, if you want to change it, you’ll have to make another account using a new email or Facebook. Make sure you select the right currency this time. Also, don’t forget to block your old account if you make a new one. Visit the Help Center to know how to close a Binomo account. It will violate the laws of the platform if you use multiple accounts.
A demo is a free account for every trader that’s registered and has login on the platform. You can use a free account to learn and practice. The good part is that even demo account holders can enjoy some benefits and practice daily on Binomo. It offers 30+ assets for trades and a “Daily Free” tournament is available to any clients.
Besides a demo account, Binomo has 3 types of account which you can get when you feel ready to conclude real trades.
A Standard account offers much more than a demo. It has 40+ assets to trade, up to 100% deposit bonus and up to 85% profitability if your forecast is correct. Moreover, a minimum deposit of $10 (for Indian traders is $5) allows the holders to take part in both paid and free tournaments.
For getting a Gold account, you’ll have to make a cumulative deposit of 500$. You can trade 60+ assets, up to 150% deposit bonus, and up to 90% profitability if you achieve a right forecast. In some cases, you can also get up to 5% cashback.
A cumulative deposit of $1000 will be enough to get the never-ending benefits of a VIP account. You’ll get 70+ assets to trade and up to a 200% deposit bonus. Profitability is the same as on Gold account. Moreover, you’ll get up to 10% cash back in some cases. A personal manager will answer all the queries related to the account. And don’t forget about access to VIP tournaments, extra funds for risk-free trade and a free insurance program.
How to Set Up Two-Factor Authentication on Binomo
With the increasing number of online threats and hacking attempts, ensuring the security of your Binomo trading account is crucial. One effective way to achieve this is to enable two-factor authentication (2FA). Let’s walk you through setting up 2FA for your Binomo account step by step. Follow these simple instructions to enjoy safer trading and have peace of mind knowing that your account is well protected.
- Log in to your Binomo account
Log in to your Binomo trading account using your username and password to enable two-factor authentication.
- Go to the Account Settings
Navigate to the account settings section. You can find this option by clicking on your profile picture or username, which is located in the top right corner of the screen.
- Enable Two-Factor Authentication
You can see an option to enable two-factor authentication on the settings page. Click the “Set Up 2FA” button to proceed with the process.
- Choose an Authentication App
Binomo supports various authentication apps, such as Google Authenticator or Authy. Choose the app you prefer and install it on your smartphone.
- Scan the QR Code
Open the authentication app on your smartphone and select the option to scan a QR code. Use the app to scan the QR code provided on the Binomo website. This will link your Binomo account to the authentication app.
- Enter the Verification Code
After scanning the QR code, the authentication app will generate a unique verification code for your Binomo account. Enter this code in the designated field on the Binomo website.
- Get Recovery Codes
These codes can be used as a backup option for accessing your account. In situations where you are unable to access your authenticator app or your phone, recovery codes are your only means of logging in.
- Confirm and Save
Enter one of the recovery codes, and click the “Finish” button to finalize the setup process. Congratulations! You have successfully enabled two-factor authentication for your Binomo trading account.
- Test the Two-Factor Authentication
To ensure the two-factor authentication works correctly, log out of your Binomo account and log in again. After entering your username and password, you will be prompted to enter the verification code generated by your authentication app. Enter the code and proceed with the login process.
In some cases you have to go through the verification process. Of course, you can login to the Binomo net, but you won’t be able to withdraw funds.
The verification helps you to keep your account and funds protected. You won’t be able to request your investition back until your verification process is complete. The process before was a bit complicated and took many days to be completed. But now Binomo offers an automatic verification service that will check you as a trader in a couple of minutes.
Sign up and log in to Binomo app
The process is a bit different when you try to log in to Binomo from your phone or tablet. First of all, download the Binomo app on your device. When you open the app, there’ll be two options i.e., sign up or log in.
Click on the signup, provide your email, set a password, select currency (remember that you can’t change it later), and read and accept the Client Agreement. You’re all set to go! Sign up and you can use the Binomo app on your mobile, anywhere, everywhere!
If you forgot a password
If you don’t remember your password and can’t log in to Binomo, click the button “I forgot my password”. New window will open and there you can change your password.
Registration will not take long
Registration process is fast, simple, and worth it. Binomo will give you so many benefits: a demo account for free practice is the most obvious one. The platform also lets you take part in free tournaments and a low entry threshold (from $10 or $5 for Indian traders).
You must be aware of the risks, we mean a full or partial capital loss. You should accept the fact that achieve something is only possible by experience and repeated practice. The sole person responsible for your finances is You! So make sure to trade wisely.