Best Trading Apps: 2020 List, trading app with bonus.
Trading app with bonus
Stock apps are mobile trading applications which allow you to buy and sell stocks which are investments in certain companies which sometimes pay out dividends and thus can act as a form of passive income.
Top forex bonus list
Best trading apps: 2020 list
As you can see, etoro has topped our list as the best trading mobile app overall, grabbing an incredible 4.9/5 rating; this is due to its incredible versatility, social features and worldwide reputation. With regards to the other apps which made it to the top 10, they vary in terms of strengths, weaknesses and features – for example; XM is one of our top forex & CFD apps, and capital.Com is a brilliant mobile app for exchanging cryptos. Overall, the most important thing for us when looking at the best apps is whether or not they are regulated by bodies like the FCA, SEC, FINRA, mifid, cysec.
Best online trading apps 2020
You can download all of the following mobile apps from online brokers for free.
- Etoro: best overall trading app
- Capital.Com: best for global cfds
- Moomoo: best for US stocks
- XM: best for worldwide trust
- Plus500: best for active traders
- City index: best for customer service
- Robinhood: best for free stock trading
- Freetrade: best for stocks/shares UK
- TD ameritrade: best for US stocks and etfs trading
- Forex.Com: best for forex
What is a trading app?
A trading app is a mobile application which you can use to trade different markets. These apps are usually free and serve as an addition to the main platform offered by brokers. In this guide, we’ll be taking a look at the different available types of mobile platforms and answering some of the most commonly asked questions.
Types of trading apps
Not all mobile trading platforms are the same. They vary in terms of what you can trade, where you can use them and regulation. Let’s now take a look at some of the different types of mobile trading platforms out there.
Stock trading apps
Stock apps are mobile trading applications which allow you to buy and sell stocks which are investments in certain companies which sometimes pay out dividends and thus can act as a form of passive income. Stock trading apps are popular as they offer the general public with a way of profiting from the economic growth of companies. If you think a company will do well in the future, you can put your money where your mouth is by buying their stock using stock trading applications and then selling it if/when the price of the stock goes up. If you live in the united states, I would recommend that you use either TD ameritrade, robinhood, charles schwab or the E-trade stock app for stock trading. If you live in the UK, I would recommend freetrade stocks app for free trading. For global stock trading, our favourite mobile trading mobile app is etoro, although etoro is a CFD trading platform, so you don’t actually own the stocks, but you can still profit on them.
Forex trading apps
Currency (foreign exchange) trading is another popular type of trading globally. One of the main reasons people like trading forex is that unlike stock trading, you can trade forex 24 hours per day, 5 days per week – therefore there are far more opportunities to trade the market. A lot of people who trade stocks turn to forex after the stock market closes for the day. Forex trading platforms aren’t too dissimilar to the other apps listed on this site, the only difference is that most of them connect to a mobile app called MT4 which is basically the standard for forex trading. That being said, there are some forex apps which have native charts – these are my favourite. Forex trading is more global and in some cases, easier to do than stock trading. If you’d like to have a go trading some forex on mobile apps, then I recommend you check out forex.Com or XM – both are 2 of our top favourite forex brokers. You can also check out our full list of the top forex apps.
CFD trading apps
Cfds, also referred to as ‘contracts for difference’ are financial instruments that you can trade through a variety of different broker firms. They allow you to profit from price movements of stocks, commodities (like oil for example), indices, shares, forex and more – all without having to buy or sell the underlying asset. CFD trading platforms are one of the most common types, as they provide an easy way to trade anything all from one app. As you might have noticed from the list above, our best global CFD mobile app is capital.Com, although etoro also provides a huge range of cfds globally too, and has a nice feature which lets you copy other traders.
Bitcoin & crypto trading apps
The meteoric rise of cryptocurrencies in 2017 led to a severely increased interest in the crypto markets. You can trade popular cryptocurrencies like bitcoin, ethereum and XRP on several mobile trading platforms all over the world now. There are two main types of crypto trading, one involves actually buying/selling cryptocurrencies (spot trading), and the other involves exchanging contracts based on the price of cryptocurrencies (similar to cfds) rather than physically owning them – this allows you to use something called leverage which can increase profits, but also losses. We’ve put together a list of our top bitcoin apps, but to summarise, our favourite mobile crypto exchange platforms are currency.Com for contract trading and binance for spot trading.
There are other types of trading, including options, mutual funds and etfs – but there are only so many that we can include in one list, so we kept it to the most popular and beginner-friendly types of trading.
Are trading apps legit?
The majority of trading apps are legit, however, that being said, there are some illegitimate ones floating around. This is one of the main reasons we started this site; to help you find only legit and trusted apps.
Trading app of the month (january, 2021)
Capital.Com
Capital.Com
Capital.Com is trading apps trading app of the month due to its varied asset options, competitive fees and ease-of-use for newer and the most experienced traders.
– 0% commissions
– free sign up
– beginner-friendly
– educational courses
– fast orders
No deposit bonuses
The term "no deposit" refers to the fact that you can open a forex no deposit account to benefit from a free money trading bonus. The purpose of this is to give the broker a promotional edge and attract new traders. A no deposit bonus means that you can trade on the platform before you decide whether or not to make a real money deposit.
Many forex brokers are offering this incentive. The amounts they offer will vary, and it will take time to search for the one that offers what you are looking for. In addition to the free bonus it is useful to find one that offers a demo account. This way you get lots of chance to practice before you risk your own money.
We spend our time reviewing the various brokers so if you don't have time to trawl through the best forex brokers, fear not! Our team are experienced in forex trading. They know what to look for, what makes a good broker and what you need. Select from our list of recommended brokers and choose the one that best suits your needs.
In this article, you will learn:
Why forex brokers offer no deposit bonuses the pros and cons of using this type of bonus tips for using your sign up incentive well
Top rated forex sites
Risk warning: the products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.
Ad disclosure: some of the links that you will find on this website are advertisements for which we do receive financial gain for referring new customers.
How to use your bonus
When you open a forex account, you should have a clear trading strategy. You might find that those that offer forex bonuses don't provide a demo account and vice versa. If you can find one that provides both and ticks all of your other boxes then this gives you a good start. So how should you use your forex no deposit bonus?
Testing the platform
While you may be able to sign up for a free demo account and should if, given the opportunity, there is nothing like trading on the live platform, making real trades. The no deposit forex bonus allows you to try out the desktop and mobile versions of the site before you deposit your funds.
Comparing brokers
You may be stuck between two brokers and struggling to decide which one is for you. If they both offer a no deposit bonus, you can try them both to see which one you prefer. That way you haven't had to spend your money to find out which best suits your requirements.
Try something new
If you have experience in trading the USD/GBP for example but not the USD/AUD, then you may want to use your free bonus to try this new currency pair. You may be used to investing in the more major pairs and fancy trying a pair where you might get a greater spread. Tropical pairs, as they are called, are often very profitable.
Practise early trades
While a no deposit bonus won't be huge, it does allow you to practise on those first few trades and get any early mistakes out of the way before you risk your own money. This way, when you eventually start investing with your real money, you have more of an idea of what you are doing.
You can use the demo account to get used to trading on the platform and then you can use the bonus to make live trades. This is all before you even consider touching your own money. The two complement each other to provide you with the best trading experience.
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Risk warning: the products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.
Ad disclosure: some of the links that you will find on this website are advertisements for which we do receive financial gain for referring new customers.
Why brokers offer deals
Forex bonuses are probably the most significant promotion that a forex broker offers. Along with this form of incentive you will also see match deposits, demo accounts, refer a friend and several other incentives. They are all designed to give the broker the edge and make them stand out from all the other companies. It can be a very competitive environment with everyone trying to corner the market and be the best.
The trouble is there is only so far that they can go. While one broker might offer a massive no deposit forex bonus, another broker might provide an excellent demo account. When looking for the right broker for you there will be many different choices with quite a complex range of forex bonuses. From $5, $10, $20, $25 to amounts stating "up to $1,500" bonus, it can be hard to know where to begin. Each broker tries to differentiate themselves in any way they can.
This is good news for you as a trader. It means that there is plenty of choices when you are searching for the perfect broker. If you can find a broker that offers a forex no deposit bonus to use on your live account, a demo account, and one that has a mobile app and a website that provides plenty of education tools then you have pretty much everything you need. Of course you must make sure that they are trustworthy and reliable as well.
Best trading apps: 2020 list
As you can see, etoro has topped our list as the best trading mobile app overall, grabbing an incredible 4.9/5 rating; this is due to its incredible versatility, social features and worldwide reputation. With regards to the other apps which made it to the top 10, they vary in terms of strengths, weaknesses and features – for example; XM is one of our top forex & CFD apps, and capital.Com is a brilliant mobile app for exchanging cryptos. Overall, the most important thing for us when looking at the best apps is whether or not they are regulated by bodies like the FCA, SEC, FINRA, mifid, cysec.
Best online trading apps 2020
You can download all of the following mobile apps from online brokers for free.
- Etoro: best overall trading app
- Capital.Com: best for global cfds
- Moomoo: best for US stocks
- XM: best for worldwide trust
- Plus500: best for active traders
- City index: best for customer service
- Robinhood: best for free stock trading
- Freetrade: best for stocks/shares UK
- TD ameritrade: best for US stocks and etfs trading
- Forex.Com: best for forex
What is a trading app?
A trading app is a mobile application which you can use to trade different markets. These apps are usually free and serve as an addition to the main platform offered by brokers. In this guide, we’ll be taking a look at the different available types of mobile platforms and answering some of the most commonly asked questions.
Types of trading apps
Not all mobile trading platforms are the same. They vary in terms of what you can trade, where you can use them and regulation. Let’s now take a look at some of the different types of mobile trading platforms out there.
Stock trading apps
Stock apps are mobile trading applications which allow you to buy and sell stocks which are investments in certain companies which sometimes pay out dividends and thus can act as a form of passive income. Stock trading apps are popular as they offer the general public with a way of profiting from the economic growth of companies. If you think a company will do well in the future, you can put your money where your mouth is by buying their stock using stock trading applications and then selling it if/when the price of the stock goes up. If you live in the united states, I would recommend that you use either TD ameritrade, robinhood, charles schwab or the E-trade stock app for stock trading. If you live in the UK, I would recommend freetrade stocks app for free trading. For global stock trading, our favourite mobile trading mobile app is etoro, although etoro is a CFD trading platform, so you don’t actually own the stocks, but you can still profit on them.
Forex trading apps
Currency (foreign exchange) trading is another popular type of trading globally. One of the main reasons people like trading forex is that unlike stock trading, you can trade forex 24 hours per day, 5 days per week – therefore there are far more opportunities to trade the market. A lot of people who trade stocks turn to forex after the stock market closes for the day. Forex trading platforms aren’t too dissimilar to the other apps listed on this site, the only difference is that most of them connect to a mobile app called MT4 which is basically the standard for forex trading. That being said, there are some forex apps which have native charts – these are my favourite. Forex trading is more global and in some cases, easier to do than stock trading. If you’d like to have a go trading some forex on mobile apps, then I recommend you check out forex.Com or XM – both are 2 of our top favourite forex brokers. You can also check out our full list of the top forex apps.
CFD trading apps
Cfds, also referred to as ‘contracts for difference’ are financial instruments that you can trade through a variety of different broker firms. They allow you to profit from price movements of stocks, commodities (like oil for example), indices, shares, forex and more – all without having to buy or sell the underlying asset. CFD trading platforms are one of the most common types, as they provide an easy way to trade anything all from one app. As you might have noticed from the list above, our best global CFD mobile app is capital.Com, although etoro also provides a huge range of cfds globally too, and has a nice feature which lets you copy other traders.
Bitcoin & crypto trading apps
The meteoric rise of cryptocurrencies in 2017 led to a severely increased interest in the crypto markets. You can trade popular cryptocurrencies like bitcoin, ethereum and XRP on several mobile trading platforms all over the world now. There are two main types of crypto trading, one involves actually buying/selling cryptocurrencies (spot trading), and the other involves exchanging contracts based on the price of cryptocurrencies (similar to cfds) rather than physically owning them – this allows you to use something called leverage which can increase profits, but also losses. We’ve put together a list of our top bitcoin apps, but to summarise, our favourite mobile crypto exchange platforms are currency.Com for contract trading and binance for spot trading.
There are other types of trading, including options, mutual funds and etfs – but there are only so many that we can include in one list, so we kept it to the most popular and beginner-friendly types of trading.
Are trading apps legit?
The majority of trading apps are legit, however, that being said, there are some illegitimate ones floating around. This is one of the main reasons we started this site; to help you find only legit and trusted apps.
Trading app of the month (january, 2021)
Capital.Com
Capital.Com
Capital.Com is trading apps trading app of the month due to its varied asset options, competitive fees and ease-of-use for newer and the most experienced traders.
– 0% commissions
– free sign up
– beginner-friendly
– educational courses
– fast orders
The best trading app with bonus of 2021 - beginner's guide
We have selected this product as being #1 in best trading app with bonus of 2021
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All you need to know about trading app with bonus
Shopping is an impending part of people's lives today, but what can make this an effective venture? Are you buying the trading app with bonus for yourself? It can be time-consuming if you don't have the right information. For you, we can make that happen. We've been researching, reviewing, and collecting reliable information for you, which will reduce your entire purchasing process.
Most of our visitors have some specific questions wobbling through their minds regarding the best trading app with bonus in 2021 - let's have a look at a few of these questions:
- Is trading app with bonus worth the money you are planming to invest in it?
- What are the advantages of buying trading app with bonus?
- Should you buy a trading app with bonus in 2021, and pick the best one?
- What to consider before buying the top trading app with bonus?
- Which are the best trading app with bonus available today on the market?
The information available on this site is authentic and trustworthy and are picked up from an authoritative, reliable source. This is essential since it directly affects your purchase; we aggregated a product ratings from various trustworthy sources, authority websites, buying guides, consumer forums, and other rated websites. Researching before purchase is essential so we offer enough information about trading app with bonus to help you decide about what you are going to buy.
We additionally provide top-rated trading app with bonus detailed buying guide with actually correct, unbiased, and actual facts. Our information is regulated with the aid of artificial intelligence - dependable on-line assets, which take up the obligation to confirm and proofread information of diverse on-line resources. We use a hard and fast of algorithms designed along side a unique machine of codes that permit us to make a list of top 10 trading app with bonus trending these days.
The statistics we present is continually freshed up as it's far regulated through algorithms and technology. We remember a few elements including brand and product value, quality of trading app with bonus and additionally its durability; the associated customer ratingss, opinions and rankings; and the specifications and features of its variants.
We respect our readers and treat them with top priority, and so, we always provide up to date statistics on our site. The information presented is authentic and can be verified on various other online resources. Please feel free to contact us if you find any inappropriate or misleading details on our ratings. We are here to assist and rectify the troubles. Happy shopping and excelent buying!
The etoro trading platform and app
Etoro is the world’s leading social trading platform, trusted by millions of users from more than 140 countries. The etoro platform and app offer a variety of financial assets in which to trade and invest.
Join etoro today and start discovering a wide variety of benefits, on mobile or web platform:
Multi-asset platform
Etoro offers 2,000+ financial instruments across various classes, such as stocks, crypto and more. To explore more visit the trade markets page.
To enable etoro clients to use advanced trading features, such as leverage and short (SELL) orders, and to offer financial instruments that normally cannot be traded, such as indices and commodities, etoro utilises contracts for difference (cfds). To read more about CFD trading, click here.
Additionally, to enable traders and investors direct access to the market, some asset classes, such as stocks and cryptoassets, offer direct ownership of the underlying assets, which we buy and hold in each client’s name.
Deposits, withdrawals and fees
Etoro enables clients to deposit and withdraw using a variety of payment methods, such as wire transfers, credit cards, and more. Etoro offers low minimum deposits and unified fees. Read more on the market hours and fees page.
Platform features
Etoro’s aims to open up markets to everyone, with an easy-to-use, intuitive interface. To help clients better manage their finances, it developed innovative trading features:
Upon opening an account with etoro, each user receives a free $100,000 demo account. Using their account, etoro clients can build a virtual portfolio to practice and experiment with.
Gain insights from leading analysts in one place, as the research tab aggregates the cumulative knowledge of investors and experts from some of the world’s leading financial institutions.
Operating under the realisation that many of its clients often repeat their trading habits, opening the same positions for the same instruments at different times, etoro introduced this feature. One-click trading enables clients to open a new position, using ready-made parameters, with a single click.
To help clients better manage their positions, protect their investments and secure their profits, etoro enables them to set predetermined price points for closing an open position. Stop loss closes the position if it reaches a certain loss, while take profit offers the same feature for securing profits at a predetermined price point.
This feature is an expansion of the stop loss feature, enabling clients to keep a position open, as long as the markets are moving in the direction that benefits their trade.
A professional-grade technical analysis tool, procharts enables you to compare charts from different financial instruments and/or different time frames.
Since trading is often a 24/7 business, etoro allows specific trading and investing orders to be placed, even if the platform is down for maintenance.
Track and follow your favourite assets in one place. Create as many lists as you wish, customise them, and receive volatility alerts about your assets straight to your mobile device.
Social trading
Since 2010, etoro has placed a growing focus on social trading, harnessing the wisdom of the crowd for the benefit of its clients.
One of etoro’s key differentiators is the fact that it created a community of traders and investors, in contrast to the often solitary feeling of trading online. Etoro is a bustling online social network of traders who interact, discuss ideas and share their trading decisions and strategies on the social news feed.
Copytrader
Copytrader, enables traders to replicate other traders’ actions in real time. To encourage top traders to get copied, etoro created the popular investor program.
Copyportfolios
Another unique product offered by etoro is copyportfolios, which are ready-made, investment strategies, offering thematic investment, such as medical cannabis, driverless cars, and people-based portfolios.
Download now!
Discover etoro’s intuitive and innovative trading app. Trade and invest anytime, anywhere, and alternate between your laptop, tablet or mobile device with ease.
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Find us on
- Top instruments
- Bitcoin (BTC)
- Ripple (XRP)
- Amazon shares
- Apple shares
- Gold (commodity)
- NSDQ100 index
- Support
- Help center
- How to deposit
- How to withdraw
- How to open an account
- How to verify your account
- Customer service
- Learn more
- How copytrading works
- Responsible trading
- Avoid scam
- What is leverage & margin
- Buy and sell explained
- Market research
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Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work, and whether you can afford to take the high risk of losing your money.
The purchase of real/cryptoassets is an unregulated service and is not covered by any specific european or UK regulatory framework (including mifid). In the event that cryptoassets are purchased on a real/physical basis and not traded in the form of a CFD you will not benefit from the protections available to clients receiving mifid regulated investment services, such as access to the cyprus investor compensation fund (ICF)/the financial services compensation scheme (FSCS) and the financial ombudsman service for dispute resolution.
Etoro (europe) ltd., a financial services company authorised and regulated by the cyprus securities exchange commission (cysec) under the license # 109/10.
Etoro (UK) ltd, a financial services company authorised and regulated by the financial conduct authority (FCA) under the license FRN 583263.
Etoro AUS capital pty ltd. Is authorised by the australian securities and investments commission (ASIC) to provide financial services under australian financial services license 491139.
Past performance is not an indication of future results.
General risk disclosure | terms & conditions
You should seek advice from an independent and suitably licensed financial advisor and ensure that you have the risk appetite, relevant experience and knowledge before you decide to trade. Under no circumstances shall etoro have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to cfds or (b) any direct, indirect, special, consequential or incidental damages whatsoever.
Trading with etoro by following and/or copying or replicating the trades of other traders involves a high level of risks, even when following and/or copying or replicating the top-performing traders. Such risks includes the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. Past performance of an etoro community member is not a reliable indicator of his future performance. Content on etoro's social trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of etoro - your social investment network.
Copyright © 2006-2021 etoro - your social investment network, all rights reserved.
Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work, and whether you can afford to take the high risk of losing your money.
Etoro is in the process of registering as a crypto service provider with de nederlandsche bank NV (DNB). Until the application is decided upon, etoro will no longer be able to provide crypto services to users in the netherlands.
The purchase of real/cryptoassets is an unregulated service and is not covered by any specific european or UK regulatory framework (including mifid). In the event that cryptoassets are purchased on a real/physical basis and not traded in the form of a CFD you will not benefit from the protections available to clients receiving mifid regulated investment services, such as access to the cyprus investor compensation fund (ICF)/the financial services compensation scheme (FSCS) and the financial ombudsman service for dispute resolution.
Etoro (europe) ltd., a financial services company authorised and regulated by the cyprus securities exchange commission (cysec) under the license # 109/10.
Etoro (UK) ltd, a financial services company authorised and regulated by the financial conduct authority (FCA) under the license FRN 583263.
Etoro AUS capital pty ltd. Is authorised by the australian securities and investments commission (ASIC) to provide financial services under australian financial services license 491139.
Past performance is not an indication of future results.
General risk disclosure | terms & conditions
You should seek advice from an independent and suitably licensed financial advisor and ensure that you have the risk appetite, relevant experience and knowledge before you decide to trade. Under no circumstances shall etoro have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to cfds or (b) any direct, indirect, special, consequential or incidental damages whatsoever.
Trading with etoro by following and/or copying or replicating the trades of other traders involves a high level of risks, even when following and/or copying or replicating the top-performing traders. Such risks includes the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. Past performance of an etoro community member is not a reliable indicator of his future performance. Content on etoro’s social trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of etoro – your social investment network.
Copyright © 2006-2021 etoro – your social investment network, all rights reserved.
The best trading app with bonus of 2021 - beginner's guide
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All you need to know about trading app with bonus
Shopping is an impending part of people's lives today, but what can make this an effective venture? Are you buying the trading app with bonus for yourself? It can be time-consuming if you don't have the right information. For you, we can make that happen. We've been researching, reviewing, and collecting reliable information for you, which will reduce your entire purchasing process.
Most of our visitors have some specific questions wobbling through their minds regarding the best trading app with bonus in 2021 - let's have a look at a few of these questions:
- Is trading app with bonus worth the money you are planming to invest in it?
- What are the advantages of buying trading app with bonus?
- Should you buy a trading app with bonus in 2021, and pick the best one?
- What to consider before buying the top trading app with bonus?
- Which are the best trading app with bonus available today on the market?
The information available on this site is authentic and trustworthy and are picked up from an authoritative, reliable source. This is essential since it directly affects your purchase; we aggregated a product ratings from various trustworthy sources, authority websites, buying guides, consumer forums, and other rated websites. Researching before purchase is essential so we offer enough information about trading app with bonus to help you decide about what you are going to buy.
We additionally provide top-rated trading app with bonus detailed buying guide with actually correct, unbiased, and actual facts. Our information is regulated with the aid of artificial intelligence - dependable on-line assets, which take up the obligation to confirm and proofread information of diverse on-line resources. We use a hard and fast of algorithms designed along side a unique machine of codes that permit us to make a list of top 10 trading app with bonus trending these days.
The statistics we present is continually freshed up as it's far regulated through algorithms and technology. We remember a few elements including brand and product value, quality of trading app with bonus and additionally its durability; the associated customer ratingss, opinions and rankings; and the specifications and features of its variants.
We respect our readers and treat them with top priority, and so, we always provide up to date statistics on our site. The information presented is authentic and can be verified on various other online resources. Please feel free to contact us if you find any inappropriate or misleading details on our ratings. We are here to assist and rectify the troubles. Happy shopping and excelent buying!
Binomo review and tutorial 2021
Leading binary options and digital options platform, offering high payouts, quick trading and a reliable service.
Binomo is a binary options broker (digital options), best known for their commitment to low trade requirements as well as a range of other advantageous features for new and veteran traders alike. This review covers all the details of the service binomo provides, from the trading platform itself to trading mobile apps, demo accounts and account types. Read on to find out more about whether this service is the best pick for you.
Company details
Originating in 2014, binomo has been a highly targeted service specifically aimed at binary options traders.
The platform also offers cryptocurrency, forex and CFD trading in some form, but this isn’t the overall focus of the broker as a whole.
The broker is currently operating as an unregulated service, though they are a member of finacom and are presently working towards licensing under cysec. Currently, they are rated as ‘category A’ under the IFC, lending them additional credibility to potential traders.
Trading platform
The binomo trading platform is designed to be as practical, easy to use and convenient as possible for binary options trading.
On initial release, the company made use of spotoption as their platform of choice. However, since then, the company has moved from ‘out the box’ solutions towards their own, practical design that meets the needs of its customers.
Developed to include a range of on-point features for traders, the current iteration of binomo is anything but generic.
Efficiency and practicality are vital points for the broker, as well as offering competitive features to their trading customers such as daily tournaments.
These competitions are increasing in popularity for many online brokers, and binomo is ahead of the curve when it comes to offering a practical, mobile-reactive and innovative platform that does it all for their specific customer base.
Assets/markets
Binomo is host to more than 50 distinct assets that can be openly traded by traders signed up to their platform. These assets include a range of different markets and options, to provide trades with as much range and flexibility as possible.
Ideal for traders that don’t like to stick to one specific area of trade for too long, and instead prefer to mix things up.
Binomo specialises in high/low trading, which means it isn’t much available in terms of other contracts. But this limitation is easily overcome with the variety of options on offer – an enticing feature to many traders.
Binomo supports the trading of the following assets:
- Currency pairings (GBP/USD for example)
- Gold, oil and similar commodities, including pairings
- Bitcoin, litecoin and other cryptocurrencies
- Popular stocks such as google and disney
- Indices, such as DAX or CAC40
With such a variety of assets and choices on offer to traders, it’s no surprise that binomo continues to be a popular service for traders of all shapes and styles.
This is especially the case with more specialised assets, such as stocks, which may not be available from other similarly placed platforms.
For traders that specialise in crypto, however, a total of only three options are on offer – which is a considerable reduction in comparison to platforms that specialise in cryptocurrency over different assets and options.
Spreads and commission
Binomo is typical as a binary options platform in that is does not charge any additional fee or cost for the use of their trading and brokerage services.
This is a great advantage to traders, as no fee is charged based on their commission either.
Binomo instead makes their money through the money that is generated when a trader makes a loss. This different way of processing their income is excellent for traders – especially those looking to ramp up their trading to the next level.
For VIP clients, there’s even more incentive for using the binomo platform. Up to 100% on payouts is the standard, and combined with the reduced costs and absent fees, binomo is fast looking better than ever for veteran traders – or even those that want to start out in a big way.
Leverage
Leverage isn’t a part of the language on the binomo platform, which is reasonably common for binary options trading in general. For traders who consider leverage to be a dealbreaker, looking elsewhere might be their best bet. But despite this noticeable absence, there’s plenty of positives to binomo that might make up for this failing.
Mobile apps
Trading via mobile is bigger and better than ever, and binomo has firmly leapt on that trend by offering an entirely smartphone-accessible platform. Also available through tablets, the binomo mobile app is available for both android users and those that prefer ios.
Push notifications are utilised as a clever way to keep traders in the look on anything from their current trades to upcoming competitions and tournaments.
While some brokers offer reduced functionality in the app version of their platforms, binomo’s offering is fully functional. Anything you can do on your desktop, you can also do from your smartphone. You could even ditch the desktop altogether if your preference is trading on-the-go.
Binomo is one of an increasing number of traders offering options and versatility, which is a plus point for the service in general.
Payment methods
If you’re looking for a platform that offers easy and convenient payment, then binomo has the advantage.
Because the broker offers their services to a varied and international base of customers, it means there’s far more choice depending on your location. Both mastercard and VISA are supported, with additional options available based on your region and area.
The recommended deposit for your account is $500 to start. If you’re smart about it, you can even take advantage of promotions and offers to top that up by 100%.
For those starting small, the minimum deposit you can make is $10 – making binomo fully accessible for traders of all sizes and scopes.
Demo account
As with all the best online brokers, binomo provides a complete and fully-functional demo account for potential customers to try out.
All you need to do to access the demo site is provide an email, and you’ll then be set up with $1000 in virtual cash to play around with. While some platforms offer a scaled-down option for their demo accounts, binomo doesn’t hold back on their offering.
It’s possible to get a real feel for all the features of the platform, without ever spending a penny.
Deals and promotions
Binomo is well-known for the range of promotions and deals they offer throughout the year. These include some of the classics, such as percentage top-ups on deposits, as well as some great sign-up bonuses.
These deals can change over time, so it’s best to keep tabs to find something that’s suited to your trading style.
In addition to the sign-up promotions and other deposit bonuses, traders that deposit $500 into their account will also be able to access a higher level of support and training through an assigned manager.
Regulation and licensing
Binomo is currently considered unregulated in the brokerage industry. However, the company is now actively working towards gaining cysec licensing as well as maintaining a category A grade through the IFC.
The broker also holds certain certifications to operate in specific countries, though these additional requirements aren’t listed on their website.
Additional features
Streamlined, easy to use and practical to navigate, binomo has provided a simple platform that’s still full of great features for traders to use and implement. These include a range of different high-end analytical tools, as well as an integrated calendar and the tournaments feature.
The focus on the broker is one producing quality features that aid their traders, which means each new addition is solid, well-tested and bug-free on launch.
Account types
Three tiers of accounts are offered for traders using binomo.
As with many online brokers, these different accounts are specified based on the amount of funding you put into the platform. This means there’s no additional cost or specific programme membership required to increase your tier – all you need to do is increase the amount you deposit to change your account type over time.
The account types that binomo offers are as follows:
- Standard: offers basic access to the binomo platform and tournaments feature with a $10 minimum deposit
- Gold: offers access to strategy guides, faster withdrawals and management with a $500 minimum deposit
- VIP: offers access to all privilege on the binomo platform with a $1000 minimum deposit
Binomo makes it clear that even standard-tier traders gain access to everything they need to trade easily and effectively. The bonuses provided to higher-tier customers may be beneficial, but they certainly aren’t essential to get all you can out of the platform.
Benefits
If you’re a trader that’s considering a binary options trading platform, binomo might be the broker for you. Here are just a few of the reasons why you might want to make this broker your trading platform of choice:
- Accessible and fully functional demo account
- Clear and easy to achieve tiering account system
- Only $10 required to start trading
- Custom-designed platform that works easily on mobile devices
- Plenty of additional features and add-ons
Drawbacks
While there are plenty of positives to picking binomo over other online trading platforms, there are also a few downsides to this specific broker. Here are a few reasons why you might want to think twice before you make your final decision:
- Currently unregulated until cysec licensing is achieved
- Limitations on popular trading area such as cryptocurrency
- No offline desktop software – online access only
- Social trading and similar social features are not integrated into the binomo platform
Trading hours
As an international online trading platform, binomo has round-the-clock availability for their trading services – perfect for night owls or those in different time zones. When it comes to some features, such as competitions and tournaments, specific time slots may apply.
Contact details and customer support
Binomo readily offers support to their customers through several different methods, the most popular of which is live chat.
Live support is available directly through the binomo platform, which means traders don’t even need to open a new window to chat through queries and problems with the support team. Live chat isn’t available 24/7 and may be choked up during busy periods.
A backup email support service is also provided, which responds typically within 24 hours: support@bimono.Com
Finally, traders can get in touch with binomo directly through their address:
First floor, first st. Vincent bank ltd
St. Vincent and the grenadines
Safety and security
Security and safety is a top concern for binomo as an online trading platform that operates across multiple countries. By creating their own secure platform with full encryption, the broker has established a high level of safety for their customers.
This is combined with safe and approved payment methods for withdrawals and deposits, further increasing the security of traders.
Binomo’s policy states that any customer funds up to the value of $20,000 are protected against fraud when using their platform, and they use up-to-date SSL encryption to boost their security even further.
With hacking more common than ever for online trading platforms, it’s crucial to be able to trust your chosen broker from day one.
Overall verdict
What do we think of binomo? As a binary options trading platform, binomo has all the features needed to support traders – both new and veteran.
Their lack of fees and commission is also highly attractive to potential customers, especially when combined with a streamlined and user-focused platform design. If you’re looking to get into binary options trading, and you’re unbothered about the lack of crypto on offer, then binomo might be a safe bet for you.
Once certification under cysec is complete, binomo will be a better prospect than ever. Not to mention well worth investigating.
Accepted countries
Binomo accepts traders from thailand, south africa, india, united arab emirates, saudi arabia, kuwait, luxembourg, qatar and most other countries.
Traders can not use binomo from canada, united states, australia, mali, austria, belgium, bulgaria, croatia, czech republic, denmark, estonia, finland, france, greece, hungary, ireland, italy, germany, laos, lithuania, , malta, netherlands, poland, portugal, romania, slovenia, slovakia, spain, norway, , sweden, united kingdom, cyprus, switzerland, israel, singapore, hong kong, new zealand, iran, japan, russian federation, belarus.
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The website is operated by FBS markets inc.; registration no. 119717; FBS markets inc is regulated by IFSC, license IFSC/000102/124; address: 2118, guava street, belize belama phase 1, belize
The service is not provided in the following countries: japan, USA, canada, UK, myanmar, brazil, malaysia, israel and the islamic republic of iran
Payment transactions are managed by НDС technologies ltd.; registration no. HE 370778; address: arch. Makariou III & vyronos, P. Lordos center, block B, office 203
For cooperation, please contact us via support@fbs.Com or +35 7251 23212.
Risk warning: before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience.
Any copying, reproduction, republication, as well as on the internet resources of any materials from this website is possible only upon written permission.
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Contents
- Top forex bonus list
- Best trading apps: 2020 list
- Best online trading apps 2020
- What is a trading app?
- Types of trading apps
- Are trading apps legit?
- Trading app of the month (january, 2021)
- No deposit bonuses
- How to use your bonus
- Why brokers offer deals
- Best trading apps: 2020 list
- Best online trading apps 2020
- What is a trading app?
- Types of trading apps
- Are trading apps legit?
- Trading app of the month (january, 2021)
- The best trading app with bonus of 2021 - beginner's guide
- The etoro trading platform and app
- Multi-asset platform
- Deposits, withdrawals and fees
- Platform features
- Social trading
- Copytrader
- Copyportfolios
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- Find us on
- The best trading app with bonus of 2021 - beginner's guide
- Binomo review and tutorial 2021
- Company details
- Trading platform
- Assets/markets
- Spreads and commission
- Leverage
- Mobile apps
- Payment methods
- Demo account
- Deals and promotions
- Regulation and licensing
- Additional features
- Account types
- Benefits
- Drawbacks
- Trading hours
- Contact details and customer support
- Safety and security
- Accepted countries
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- Bonus information
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- How can trade 100 bonus help
- How to get $100 of profit?
- Bonus conditions
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- Data collection notice
- Beginner forex book
- Free crypto sign up bonus 2020
- The best bitcoin trading sign up bonuses 2020
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- What is a crypto sign up bonus?
- What is terms and conditions?
- Are there any risks involved with free crypto bonuses?
- Are there any risks involved with free crypto bonuses?
- What is a no deposit crypto bonus?
- Why dont you list bitcoin casino bonuses?
- What is an airdrop?
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