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What is Binomo and how does trading platform work - review for traders from Qatar

Binomo online trading platform In Qatar - honest review

Binomo is an online trading platform that has recently been available in Qatar. For those who want to trade online in Qatar, Binomo is one of the most reliable and honest trading platforms, and it provides great opportunities for even beginner traders.
Binomo is a company founded in 2014 and legally operating in over 130 countries. Binomo head office is located in Kingstown, St. Vincent, and the Grenadines. Because of the advantages that the company provides, the number of traders trading on the platform is increasing each passing day. Currently, thousands of traders trade on the Binomo platform every day. But why? What are the advantages of the Binomo website? Please continue reading our review about trading platform.

What is Binomo in Qatar?

Binomo, a globally known online trading website, operates in Qatar to provide the best trading experience! Basically, Binomo provides you with several assets and asks you to forecast whether your chosen asset will gain or lose value. If you can implement the right strategies resulting from systematic work, you can earn extra revenue through this trading platform.

How does Binomo trading work?

Binomo allows you to invest in different assets depending on the type of account you have. For example, suppose you select the GBP currency. Now, you must forecast whether the parity of the asset you selected will move up or down within the time period you set. If your forecast is correct, your income will be funded to your Binomo account. But please don’t forget that Binomo isn’t a game! These forecasts should be made after training in trading and analytics.
Sign in and Login

We will explain how to sign in Binomo website step by step:
●    Go to the official website
●    Enter your email address or sign up with your Facebook or Google account.
●    If you’re signing up with your email address, the second step is to set a hard-to-guess password for your account.
●    Choose which currency you want to trade-in.
●    Read the Customer Agreement carefully. The parts of agreement contain information such as prohibited activities and in what case your account may be blocked.
●    Click on the link that was sent to your email by Binomo and confirm your account.
Once you complete these steps, your membership will be activated. Now you can open a demo account, study strategies, and try them.

Account types

You can find out more about the benefits of each account type on the Binomo website under "Statuses".
Demo — Demo account is mostly for the beginner traders. There is no trading with real funds on a demo account. It was created for the customers to learn how to trade on Binomo.
Standard — A minimum deposit of $10 is required to have a Standard account. Standard membership offers +40 assets to trade. Customers’ withdrawal requests are processed in 3 days.
Gold — A cumulative of $500 deposit is required to have a Gold account. Gold membership offers +50 assets to trade. Customers’ withdrawal requests are processed during 24 hours.
VIP Account — A cumulative of $1000 deposit is required to have a VIP account. VIP membership offers +60 assets to trade. Customers’ withdrawal requests are processed maximum in a couple of hours.

For real account holders, withdrawals from Binomo may take more than 3 days in some cases (depending on your payment system).

Binomo Tutorials

What Binomo offers to its traders to make online trading convenient?
●    Free education and tips
●    A demo account
●    A Glossary of terms to understand the website better 
●    A free strategies page on the website 
●    7/24 available support and help center
Payment and withdrawal method

Suppose that you have traded with Binomo for a certain period of time and have earned extra income. So how can we withdraw this funds from Binomo to a bank card or e-wallet?

●    Log into your account on the
●    Click on the “Cashier” button on the screen.
●    You will be asked to fill out a form before withdrawing your capital. 
●    Enter the amount you want to withdraw.
●    Enter your payment method’s info.

Binomo does not restrict the payment methods you can use for money withdrawal, but you should use the same payment method on withdrawal that you used previously to deposit funds. After receiving your payment, you can use other payment methods to make another deposit and withdrawal.


This process makes withdrawal funds secure also, prevents any kinds of fraud on the website. The traders who didn't complete the account verification process cannot withdraw funds.


Please be aware that there are cash withdrawal limits on Binomo:
●    Daily withdrawal limit: $3000 or an equivalent amount in Qatar currency.
●    Weekly withdrawal limit: $10.000.
●    Monthly withdrawal limit: $40.000.

What is the Binomo app and how does it work?

Binomo company provides high-quality services. It always considers the comfort of the traders. Therefore, the company developed Binomo apk, which can be downloaded from the site This app is designed for Android only.
A second way to free download the app is using the App Store or Google Play Store. The Binomo app is available for devices running iOS and Android. You can trade online from anywhere and anytime, thanks to the Binomo app.

Binomo is not a scam

Often traders ask, "Is Binomo trading illegal in Qatar?" We can answer that it is legal. By the way, Binomo isn’t a scam or fraud. The company has a VMT (verify my trade) certificate, and all the deposits and transactions of the customers are under the guarantee of The Financial Commission. Binomo is an “A” category member of The Financial Commission and works hard to ensure customer satisfaction.
However, remember that any trade is a risk of losing capital. Therefore, close deals using financial analysis and strategies. This will reduce risks and save your deposit.



Binomo, one of the best ways to earn additional income, has been serving many people in many countries since 2014. The company is annually inspected and every time registers its reliability. Binomo is one of the leading trading platforms that care about customer satisfaction. Customer support services are ready to assist you in case you run into any problems. Binomo is your reliable trade partner in Qatar!

Author: John Silas   

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