Platform for Trading Binary Options

Published:3 March 2016 Updated:4 January 2024

Against the backdrop of how brokerage firms are trying to stand out with their original style and design, in fact most of them offer almost identical trading conditions and trading platforms. Only a few of them bring something new, interesting and of higher quality to the market. And the subject of this article will be a new platform Binomo, which is very different and much better than most of its closest competitors.

 

New Binomo platform

At present, the binary options market is using platforms with:

1. Tiny quotation windows in which it is impossible to predict the dynamics of the price.
2. Incomprehensible line graphs.
Lack of technical indicators, that’s why traders start to use additional software for constructing indicator trading strategies (live quotes services, Meta Trader 4 platform, etc.).
4. The low profitability of options, making profitable trading impossible.
5. The inability to view the history of quotes, which does not allow to test strategies and properly analyze the market.

 

In other words, for serious activity – trading on the financial market, associated with high financial risks, brokers provide toy trading platforms, trying to convince customers that there are no other alternatives, and these platforms already allow to trade in profit. But it is not so! In reality it is quite the opposite – choose a toy trading platform – get not toy losses!

Instead of template platforms for binary options tradingBinomo, the company has created a fundamentally new terminal on which:

1. The quotes of the asset are presented in a huge window, on which it is easy enough to analyze the quotes.
2. You can choose between line and candlestick charts.
3. Technical indicators are integrated into the platform, through which you can create your own trading strategies.
4. The profitability of the options is increased to 85%-90%.
5. The price charts can be moved back in history to test strategies and analysis, reduce, zoom in, etc.

 

Moreover, on this platform NON-STOP technology is implemented for the first time on the marketwhich allows you to buy options regardless of the expiration date and the start of new options. That allows you to choose the most optimal moments for making deals and trade immediately “on the market”. And transactions themselves are concluded with minimal slippage, because, the speed of execution of trade orders is about 1.7 milliseconds. This article has nothing to do with advertising. We’re just trying to let you know about the possible advantages you can get when trading on the new Binomo platform, allowing you to make your trading truly profitable.

And one more piece of news that you will like – at Binomo it is possible to trade without money on the account. Of course, such an opportunity is provided for a limited number of trades. In total, the broker Binomo provides 20 free optionswhich are credited automatically to the account of each new client.

Thus, you can try yourself as a successful trader for free. And, as, 20 free options are not a bonus, the profits on them can be withdrawn!

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Reviews

  • And I like it better when a binary options broker offers its own built-in ready-made platform. I find it very convenient because there is no need to download anything.

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  • Those who don’t care about the options platform just don’t realize how important it is. Trading from an unsuccessful platform you can lose your money even if you have the skill to trade. Choosing a platform is half the battle.

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  • The platforms that simplify trading rather than complicate it are quite few. I like Binomo as a broker, it is with it that I started to get the first positive results in trading options. Before that I tried two other brokers to trade and it didn’t work out well.

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  • Not a bad suggestion, I should try it).
    I am always ready to try something new and I think that it makes no sense to trade the same strategy all the time. Maybe it’s better to change the trading platform too, i.e. to try trading on another platform if it doesn’t work out on this one.

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  • An uncomfortable trading platform is a disaster for anyone who tries to use it when trading. It is difficult to get into the work with any platform in the beginning, and it is even more difficult with such a platform that has not been brought up to speed.
    There are factors that directly determine the final results and trading platforms are among them.

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  • The choice of platform matters and I realized this only after I tried trading on different platforms. I have not tried this one yet, but I believe that by using a certain trading platform you can achieve good results. The only catch is that you have to get used to it, and then everything will go as it should.

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    • Oleg Ivanov 9 March 2016 at 14:36

      When the platform is normal, you don’t need to get used to anything. It is only it is not so made it has to get used to a long time, and if everything is normal, it is easy to simply familiarize.
      Well, if you are without a period of getting used to it, then just for this period reduce the rates, so there will be no losses.

    • Man X 9 March 2016 at 18:14

      Just wanted to say the same thing. A properly made platform saves you from unnecessary headaches.
      I also want everything to be executed in time and not to slow down, otherwise short-term trades will be a disaster.

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