The popularity is Binomo is on the rise globally with an increasing number of online traders setting up accounts with this giant broker.
In Indonesia, it is no different; millions of Indonesians are ditching their day time job to make a full time living from Binomo online trading.
Sure, there are plenty of online brokers in Indonesia, but Binomo has imposed its ‘might’ and has become the go-to solution for online trading.
A major reason behind Binomo’s supremacy is largely because it can serve the individual needs of every investor, and most importantly, it is tailored with the pleasures and needs of the typical Indonesian investor.
But that just a tip of the iceberg, in the article below, we shall highlight the seven things that make Binomo Indonesia the best trading platform in 2019.
- Trade Commissions
A major highlight on Binomo is that it will not charge you any commissions or fees for trading on their platform.
With the absence of trading charges, it means Binomo is a potentially lucrative platform for those who are good at trading.
Besides the lack of trading fees, Binomo goes a step further to lower the minimum entry requirements to $10 and a minimum transaction amount of $1. Now, considering Indonesia is a developing country, the minimum entry requirement is by all means practically within reach of 90% of the Indonesians.
While still on the finances, the broker offers lip-smacking potential payouts that range between 87% to 92% for the VIP clients- a payout that is way above the standard payout.
Again, with Binomo, traders will also get to enjoy weekly cashback rewards, promos, and bonuses.
- Proprietary Web-Based Trading Platform
Binomo is not your regular trading platform. Rather than using the all-too-common and bland trading platforms, this broker uses a proprietary trading platform tailored to meet the very demands of the Binomo traders.
We love this web-based platform, thanks to its intuitive design that provides a simple and easy online trading experience.
Experienced traders will also appreciate the platform, largely because of its smooth and seamless operation.
What’s more? The platform offers a plethora of analytical tools, indicators, and resources; all meant to make your experience more satisfying.
Finally, the same web-based platform is optimized for use on mobile devices.
- Speed and Order Execution
If you are an active trader, execution speed and fill price are two essential aspects in successful trading.
I won’t get into the depth of this feature, but of all the brokers in Indonesia we have tested, Binomo has a noticeable difference, regarding trade execution time and quality.
For the majority of the traders, saving a penny per share on 100 shares may not be worth your time, but for the active traders who places huge amount, the penny means a lot.
- Deposits and Withdrawals
Traditionally bank-to-bank money transfer offers a safe way to transfer money in Indonesia, but it can be expensive.
To save you from the costs of transactions, Binomo supports a wide array of deposit and withdrawal methods for their traders to choose from.
Here, you have an option to choose from Visa, eWallet, WebMoney, MasterCard, Neteller, Mobile Commerce, among other options.
Besides the versatility of the money transfer options, all the money transfer methods are free.
At the same time, withdrawals are completed within three business days, while deposits are instant.
- Investment Options
Diversity in Binomo is not only manifested through the payment options but also in the trading assets.
With Binomo, you will not only get access to Binary Options but also a slew of other investment options such as:
- Forex trading
- And other complex options
- Security and Fairness
Binomo has been competently serving their clients since 2014, with no reported instances of fraudulent activities.
Binomo is a world-class trading platform that operates based on the principles of fairness, transparency, and security.
Binomo reaffirms this by maintaining the highest standards of commercial honor as well as best business practices.
Underlining the security aspect is the presence of the latest security technologies such as the Comodo SSL encryption technology.
- Customer Care
Binomo has an excellent customer support system via live chat and email.
You can also reach them through skype or telephone, whatever suits you.
Some of the other additional methods that make Binomo an awesome platform includes a knowledge base, video tutorials, and brokerage FAQs section.
Overall, Binomo is a good place to start for the beginners and at the same time, the ideal platform for the experienced traders looking for a bit of sophistication.
- The Future of Automated Trading in Forex
- Spread Betting vs Contracts for Difference
- How to Effectively Use the Leading Indicators in Forex Trading
- How to Become a Customs Broker
- Develop Your Confidence as a Trader