Binomo Binary Options reviews and overviews

Binomo binary broker has been working on the market for several years but has already gained the sympathy of a huge number of traders. The broker today occupies a leading position in the market and it is quite deserved.The brokerage company and the Binomo brand were established in 2014 and belong to the financial group Tiburon Corporation Limited, registered in the Republic of Seychelles. Regulation of the broker in Russia is carried out by the CROF. According to the rules of financial activity and the requirements of the European Union’s regulators the deposits of the broker’s clients are kept in accounts with European banks. To learn how it operates the binary trading platform simply clicks on this link to get a better overview https://fraudbroker.com/review/binomo/.

Binomo has a simple and intuitive interface.

On the Binomo trading platform 50 different assets are available to work with binary options including currency pairs, shares of major global companies, commodities, indices, and crypto currencies which allows trading around the clock and without holidays.In order to make a transaction with a binary option you must select the corresponding asset in the drop down list specify the expiration time and option value and select the type of contract CALL or PUT. The purchase of the CALL option is carried out when the trader is confident that at the time of the contract expiration. The price for the asset will be higher than at the time of the transaction. Purchase of the PUT option is made if the trader’s forecast says the opposite. The broker provides the opportunity to trade turbo options and classic binary options with expiration terms from one minute to one hour.On the trading platform Binomo provides the possibility of technical analysis. Quite frankly the range of tools is very limited but it’s better than nothing because the main indicators on the platform are presented.

Conclusion: strategy

Trend indicators and volume indicators as well as oscillators are presented to realize the trader’s strategy. An alternative technical analysis is possible on a live schedule.On the bottom of the platform there are a number of other functions to work with, select the type of display of the chart, time frame for plotting and select timeframe. Drawing panel allows not only applying support and resistance lines but also offers parallel lines of channels. They are Andrews’ Pitchfork, Fibonacci grid, Gunn squares, time zones and cycle lines, linear regression channels and Fibonacci fans. Trading with Binomo is possible with the help of mobile applications for iOS and android. The company developed applications which significantly simplifies the life of traders and allows you to continue working anytime and anywhere.Trade with a mobile terminal is very simple, you only need to set the parameters of the transaction and purchase the corresponding contract.