 "Do you want to get additional income working remotely? Try trading. Trading is emerging as a popular means to generate an additional income stream")
We all aspire to have a secure and comfortable future and for that, we need financial security. Today, we need to think beyond our traditional income source and look for additional ways of getting more income.
With the internet taking over and influencing a large part of our lives, especially now with the work-from-home culture, more and more people are looking for ways to get additional income from the comfort of their homes.
Furthermore, the rise in smartphone use has created multiple options for getting additional income. Some of the common ways of getting additional income are as follows:
Popular ways of getting extra income
- Bank fixed deposits
- Mutual funds
- Trading
- Bonds and debentures
- Gold
- Public Provident Fund - PPF
- National Pension System - NPS
Most of the ways listed above like bank fixed deposits, gold, mutual funds, public provident fund, national pension system, bonds and debentures can only fetch low to marginal returns that too if you stay invested for a long horizon. However, other ways like trading are capable of generating significant returns provided, you have the required knowledge and skills of trading.
Another point to note is, most of these options expect trading come with a fixed lock-in period; meaning, you cannot withdraw your funds before the lock-in period expires. This gives you zero freedom to liquidate your investment. However, here also trading acts as an ideal way as it enables you to withdraw your funds anytime you want.
In short, we can say that trading stands as a winner amongst all of these ways of getting an additional source of income.
Start trading now
With the right trading skills, you may start trading and apply the strategies in a real account. All you need is a desire to evolve and excel in this field and a good trading platform.
Binomo is a well-known online trading platform, where you can get additional income by trading. Read on to know more about Binomo.com and how you can trade through it.
Binomo – A Convenient and User-friendly Platform
Binomo is a European-based online trading company established in 2014. It is one of the largest trading platforms with
It provides an online trading platform in the form of an app from which you can trade in a diverse selection of 70+ assets that cover a range of asset types such as commodities, equities, currency pairs, indices, commodity pairs, etc. You can find the app from Google Play and Apple Store. The app allows you to conveniently trade from any place and at any time.
Binomo offers numerous benefits to traders such as free training account, fast deposits and withdrawals within 1 to 3 days depending on the payment method with no costs, access to weekend trades, exclusive learning courses and responsive customer support, among others.
Start Trading with Binomo for Long-term Trading Relationships
Wondering how Binomo works? Let us tell you!
Firstly, you need to create an account on Binomo and choose the assets you want to trade. To encourage traders to trade on the platform, the app adds virtual $1000 to your demo account to give you a head start. The demo account enables you to learn the intricacies of online trading without using actual capital. With a demo account, you can make trades on 30+ assets using virtual funds.
The basic idea is to predict the price movements i.e. whether the price will go up or down in a specific time i.e. expiration time and trade on it. If your prediction i.e. trade is correct, you will get up to 90% of the trade value.
A Trusted and Reliable Platform
Binomo cares about the security of their data. It is a reliable trading platform and a category “A” member of The International Financial Commission IFC. The IFC membership establishes the platform’s commitment to maintaining the highest standards of conduct and business practices. Furthermore, it is a certified trading platform and holds a certification from Verify my Trade. Binomo has also received the 2015 FE Award and 2016 IAIR Awards for excellence in global finance and markets.
You can invest in the Binomo platform without any worry of safety and security as the platform uses SSL protocol to ensure that all user data is encrypted and secure. This ensures that your funds are safe and personal as well as financial details remain confidential.
Select From the Range of Accounts on Binomo
To cater to the varying needs of users, Binomo offers four types of accounts. They have varying minimum deposits and offer commensurate bonuses. The account features are as follows:
Demo Account
Free $1000 credit
Access to 30+ assets
Rechargeable
Participate in tournaments
Standard Account
Deposits from $10
Trading from $1
Access to more than 40 assets
Profitability up to 85%
Free access to tournaments
Deposit bonuses up to 100%
Withdrawals in 3 days
- Gold Account
- A minimum deposit of $500
- Access to 60 assets
- Higher profits up to 90%
- Access to a personal manager
- Deposit bonuses up to 150%
- Withdrawals in 1 day
- Cashbacks at 5%
- VIP Account
- A minimum deposit of $1000
- Access to 70+ assets
- Higher profits up to 90%
- Support from a VIP manager
- Better deposit bonus up to 200%
- Withdrawals in 4 hours
- Bigger Cashbacks at 10%
Deposit and Withdraw Funds with Ease
Depositing and withdrawing funds on Binomo is quick and hassle-free. You can deposit via bank cards and e-wallet. Depending on the account type and withdrawal methods, it takes a few hours to three days or more depending on the situation.
Wrapping up
Binomo is the modern way to trade online especially if you aim to generate additional income. However, the amount you generate depends on the knowledge, time and effort invested.
Note: Operations with OTC financial instruments are associated with significant risks.
is this information proofed?
Yes, took it from Binomo website.
This article has been written by Studio18 on behalf of Binomo.
