Demo Trading
What is Binomo and how to use it?
By trading the financial market, you can make additional income by predicting whether assets will rise or fall in value. Traditionally, you had to be physically present at the financial market to make such trades. However, with online platforms like Binomo, you can trade from the comfort of your home.


By trading the financial market, you can make additional income by predicting whether assets will rise or fall in value. Traditionally, you had to be physically present at the financial market to make such trades. However, with online platforms like Binomo, you can trade from the comfort of your home.
Over the years, Binomo has become an established trade brokerage with sterling reviews. It is a category “A” member of the International Financial Commission. They provide quality service and transparency. Also, their membership in the IFC allows you access to the independent dispute resolution organization.
Binomo was established in 2014. Its parent company (Dolphin Corp.) is registered and located in St Vincent and the Grenadines. It has overcome the few teething challenges it had at inception and has transformed into a highly reliable trading platform.
What is Binomo trading?
Binomo is an ingenious platform for trading online. Specifically, they offer expert brokerage services. With Binomo, you can comfortably trade currencies, commodities, and cryptocurrencies in the comfort of your home. Also, they provide expert tutorials and guidance for you to become a professional trader.
Sign in
To start trading on Binomo, you need to create an account. It is a convenient process, all you need to do is;
- Visit the Binomo website
- Type your email address in the space provided
- Then, create a strong password using a combination of letters and numbers
- After that, you select your preferred currency.
- Then, you tick the box to indicate that you have read and accepted the terms and conditions.
- Finally, you click the “sign up” button.
Account type
To cater to her different classes of clients, Binomo has four available types of accounts. They have varying minimum deposits and offer commensurate bonuses.
Demo account
When you sign up, you are automatically granted a $1,000 Binomo demo account. With it, you can make virtual trades on the real market. It helps you to gain experience without using actual capital. And even better, it gets replenished when you exhaust it.
Standard account
When you are ready to trade with real capital, the standard account is your first option.
- It requires a minimum deposit of only €5 or $5 for India.
- Also, it offers deposit bonuses of up to 100%
- It offers profitability levels of up to 85% in cases of correct forecast.
- Your withdrawals will get processed in 3 days or less depending on your withdrawal method.
- However, you won’t get insurance or a personal manager.
Gold account
If you want more bonuses and advantages, you can sign up for a gold account.
- The gold account requires a total deposit of €500 or $500.
- It offers 150% deposit bonuses.
- With a gold account, you can get 5% weekly cashback and expert guidance from a personal manager.
- It offers profitability levels of up to 90% if your forecasts are accurate.
- Your withdrawals will get processed in 24 hours or less depending on your withdrawal method.
VIP accounts
If you want the best Binomo has to offer and can afford it, the VIP account is your best choice.
- The VIP account requires a total deposit of €1,000 or $1000.
- It offers 200% deposit bonuses.
- It offers profitability levels of up to 90% in cases of accurate forecast.
- Your withdrawals will be processed in 4 hours or less depending on your withdrawal method.
- You can get a weekly cashback of up to 10%.
- Vip customers get exclusive access to risk-free trades where earnings are added to their accounts but losses are not deducted.
Deposit and withdrawal
You can deposit funds in your Binomo account through different methods. You can fund your account using your bank cards. You can also fund your account from your cryptocurrency (Bitcoin or Litecoin) wallet. All transactions are complete as soon as they are verified by the payment system. And if you’re transferring funds from a bank account in a currency different from the one your account is set to, the conversion will be done at your bank’s internal price.
You can withdraw funds to your bank account or any e-wallet option available in your region. However, withdrawal can only be done through the payment method you funded your trading account from. Binomo will not charge any commissions on your deposits and withdrawals.
How to use Binomo?
- To start trading, you have to log in to a real account. You can check that in the upper right corner, immediately above the chart.
- After making sure you are using a real account, you then select the asset (for example, EUR/USD) you wish to trade.
- Set the time and the amount of funds you wish to trade.
- Then, you click on either the green or red buttons to indicate the direction you predict the chart will go.
- Wait for the time you have set to run out and if your prediction is right, your earnings will be instantly paid to your account
The Binomo app
It might be a little cumbersome to have to visit the Binomo website too frequently. You will need it for occasional in-depth analysis. However, for day to day trades and updates, you can use the Binomo app. It is available on all app stores. Also, the Binomo APK is an alternative way of installing the Binomo trading app, for android users only https://binomo.com/en/promo/android.
Binomo real or fake?
You might be asking, is Binomo safe? Is Binomo legal in India? Considering the abundance of scams on the internet, your concern is understood. However, with Binomo, you have nothing to worry about. There is quite a trove of positive Binomo reviews in India on the internet. Also, you can check the app reviews on the app stores if you need further convincing that Binomo is not a fraud.
Dolphin Corp (Binomo’s parent company) is duly registered under the laws of Saint Vincent and the Grenadines (RN: 25151 IBC 2018) and its office is on the First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St.Vincent and the Grenadines.
Also, Binomo is a category “A” member of the International Financial Commission. This status guarantees the company’s reliability and professionalism.
Conclusion
Binomo offers an exciting way to make income on the financial market, without having to leave your day job or business. With Binomo, you don’t just obtain access to a trading platform, you also gain access to expert tutorials. So, you don’t need to be an expert before you register. Binomo’s personal manager program and demo accounts are designed to help make you an expert in the shortest time possible.
However, you should know that by engaging in live trades, you are at risk of serious financial loss. We advise that you consult an independent financial advisor or asset manager to moderate your exposure to risk.
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Broker Reviews
Sollari Review – top 75 Broker ?


Sollari Review
Sollari is a global forex and CFD broker with trading platforms that is suitable and fully functional for all devices.
This is a good option for all levels of traders, although the product portfolio is average, and there is an inactivity fee to be aware of.
Initially formulated in 2023 to provide a robust forex trading platform, Sollari offering to include CFDs, indices, shares, commodities, and cryptocurrencies.
Sollari has several trading tools and features designed to make your trading experience as smooth as possible. The trading platform, has been heralded as a simple and convenient platform without losing the functionality you would find at MetaTrader 4. Some education is also available through the trading platform, and highly responsive customer service is available 24 hours a day.
Please read my full Sollari review for further details of this forex broker so you can decide whether Sollari can meet your needs.
Who is Sollari?
Sollari is a global forex, spread betting, and CFD online broker. Sollari is an online Crypto and Forex Broker providing traders across the globe with cutting-edge technology to trade the world’s markets. In a continuous effort to give their traders a more comfortable and safe trading experience, their experts have been improving their service and solutions ensuring traders have the freedom to trade whenever and wherever they like.
They are headquartered in Kingstown, St Vincent and the Grenadines. with offices in Milan, Nassau, Sofia, and Luxembourg and are authorized and
Sollari product range overview
The product range at Sollari is average compared to other brokers. They offer a solid selection of currency pairs and CFDs, no futures CFDs, and an average number of commodity and stock index CFDs. additionally they do offer leverage trading on the main cryptocurrencies.
Forex trading
More than 50 Forex pairs are available at Sollari with no commission and some of the tightest spreads in the industry.
Indices and Financial Trading
Indices and financial CFDs have flexible margin requirements and low spread , representing some of the industry’s best spreads. There are no overnight or hidden fees of any description to worry about.
Commodities Trading
At Sollari, there are several commodity CFDs, including metals and energies.
Share CFDs Trading
Trade more than 100 company shares without ever owning the underlying security. At Sollari, you can access global stock exchanges with the option to go long and short and benefit from leverage. For non-leverage trading, there is zero commission.
Sollari Accounts
There are five trading account options at Sollari. Of note are the Professional Trading Account and the Islamic Trading Account. There is also a free demo account from where to practice your trading.
Free Demo Account
You can select from the free demo account which platform you would like to practice trading on their trading platform. You will immediately receive $100,000 of virtual funds, which can be used to familiarise yourself with the financial markets and forex and CFD trading.
Islamic Account
This is a Shariah-compliant Islamic account which includes many features that are in keeping with Sharia law.
See here the overview of all the accounts.
BASIC ACCOUNT | STANDARD ACCOUNT | GOLD ACCOUNT | PRO ACCOUNT | VIP ACCOUNT | |
---|---|---|---|---|---|
MINIMUM DEPOSIT | $5,000 | $10,000 | $25,000 | $100,000 | $250,000+ |
ORDER EXECUTION | Instant | Instant | Instant | Instant | Instant |
ACCOUNT CURRENCY | USD, EUR, GBP | USD, EUR, GBP | USD, EUR, GBP | USD, EUR, GBP | USD, EUR, GBP |
ACCOUNT MANAGER | yes | yes | yes | yes | yes |
SPREAD, PIPS | Fixed | Fixed | Fixed & Floating, Variable | Fixed & Floating, Variable | Fixed & Floating, Variable |
QUOTATION (NUMBER OF MARKS AFTER POINT) | 5 marks | 5 marks | 5 marks | 5 marks | 5 marks |
LEVERAGE | 100 | 100 | 200 | 500 | 500 |
MAX. TRADE SIZE | 10 lots | 20 lots | 40 lots | 50 lots | 100 lots |
REQUOTES | None | None | None | None | None |
MARGIN CALL LEVEL | 40% | 40% | 40% | 40% | 40% |
STOP OUT LEVEL | 30% | 30% | 30% | 30% | 30% |
TRADING PLATFORM | all devices | all devices | all devices | all devices | all devices |
CUSTOMER SUPPORT | 24/5 support | 24/5 support | 24/5 support | 24/5 support | 24/7 support |
Sollari Trading Platform
Sollari provides a web, desktop, and mobile trading platform on their trading platform, which is provided by the High-tech software provider “easytech”.
This trading platform has an excellent reputation among traders.
web trading platform
The web platform allows you to place trades directly from your web browser in an easy-to-use interface that is customisable and available in several languages. The web trading platform falls short because of its lack of social trading; however, it is well-designed with several useful features.
There is a two-step login for additional security, and you can search for an asset using its name or by category. Order types include:
- Market order
- Limit order
- Stop order
I was impressed with both the portfolio and fee reports which were comprehensive and easy to use, with clear information on commission, swap fees, and performance.
There are also the following useful features available on the trading platform:
Trailing stop
Trailing the position of a current price can then trigger a stop order as the price reaches a predetermined distance from a stop order. It works similarly to a stop order but in a more controlled way that aligns with movements in the market.
Market Sentiment
This allows you to closely monitor movements in the market using data from other traders concerning a specific instrument.
This allows you to mitigate risks by investing in the same product in a different direction.
Charts
Real-time charts provide up-to-the-moment information, including historical trends, forecasts, and current trends.
Sollari mobile trading platform
The mobile trading platform is in keeping with the web trading platform, with much of the same functionality.
The actual design is well laid out and easy to use with customizability. I found the mobile app fast with personalised watch lists and the ability to open positions directly from real-time charts.
There are price alerts that include statistical alerts, which can be monthly or yearly for currency pairs, indices, etc. Clicking on the alert will automatically open the app on the instrument.
Sollari desktop trading platform
Use the desktop platform. This platform is designed with professional traders in mind, leaving the webtrader as an alternative for beginners and intermediate traders.
There is excellent customizability, some good search functions, and a choice of several languages.
There are several tools and technical indicators designed to enhance your trading activity.
Sollari customer service review
Customer service is excellent at Sollari, with immediate response times across multiple channels.
There are several channels for contacting customer support, including phone and email. When I tested their service, my query was dealt with immediately without even the intervention of a chatbot. The service provided via email and phone was similar, with fast, relevant responses to my queries. Customer service is provided 24/5, which is above average.
Sollari is opening an account.
The account opening process is straightforward, fully digital and quick. You will need your ID.
To open your account, you should first decide on the account type you wish to open
Then you can follow these quick and easy steps:
- Select your country of residence
- Add personal information, including name and email address
- Choose a password
- Enter your home address and tax residency
- Complete some simple questions relating to your trading experience
- Fill in information pertaining to your personal finances, such as income and savings and employment status
- Select your base currency
- Upload your ID documentation and proof of address, such as a utility bill or bank statement.
Sollari Deposit and Withdrawal
Deposits and withdrawals and essentially free, and the minimum deposit is high compared to what you would find at other brokers.
Before making your first deposit, you will need to choose between the following base currencies:
EUR, USD, GBP
Deposit options include:
- Bank transfer
- Credit and debit card
- Cryptocurrency
The minimum deposit is $5000, which is high compared to other brokers. There are no fees should you choose to deposit via bank transfer from your bank account.
Bank transfers take several business days.
Withdrawals can be made using the same methods accepted for deposits, and there are no withdrawal fees for electronic wallets and credit/debit cards.
Sollari safety
Sollari is not regulated by the Financial Conduct Authority (FCA) but is performing full due diligence to comply with AML regulations.
In addition, all client funds are held in segregated bank accounts to protect those funds should Sollari go bust.
The Sollari negative balance protection protects client funds should their balance go negative.
Sollari fees
Sollari has low CFD and forex fees and average non-trading fees.
Fees can be separated into two main categories for a CFD and forex broker: trading and non-trading fees.
Trading fees
The trading fees will vary depending on the financial instruments you are trading within each asset class. Trading fees can be charged as a spread, a commission, or a financing rate.
Spreads differ between the bid and ask price for a foreign currency price. Here’s how Sollari spreads compare against some other forex brokers:
Non-trading fees
Sollari has low non-trading fees as they do not charge deposit and withdrawal fees, and there is no account fee.
Inactivity fees are charged. There are inactivity fees to be aware of. However, these will only kick in once your account has been inactive for several months and you have a positive balance.
Who is Sollari suitable for?
Sollari is suitable for all levels of traders looking for a solid trading platform and very competitive spreads.
The selection of account types is aimed at both retail and professional investors.
Demo Trading
The Advantages and Negatives of Forex Demo Trading


Intro to Fx Demo Trading
Despite the placement as the planets greatest monetary market, the forex marketplace only became easily available to retail traders in latest years because of the introduction of sites based trading via on-line forex brokers.
Aspiring forex investors can right now make use of digital trading systems – like the extremely well-known MetaTrader software program
(offered as a free of charge download by MetaQuotes Software program Company ) to access the large forex market thou they might trade only in very small amounts themselves
The majority of on the web brokers will support MetaTrader and could also provide their own proprietary platforms or web-centred dealing interfaces.
These types of systems typically enable traders to do a quick overview of the currency marketplace and maybe carry out some specialized evaluation, in addition to permitting them to gain access to trading necessities like purchase access and deal delivery for a wide selection of foreign currency pairs.
free of charge fx practice account
Like a common way of motivating forex investors to use their offer setup solutions and first deposit funds with them to make use of as trading accounts perimeter, many online forex brokers will offer a free of charge fx practice account to potential or existing clients.
Referred to as a forex demonstration accounts, such unsecured debts enable a trader to encounter a hands-on demo of what seems prefer to trade currency pairs in the forex market with this broker without placing any actual money at risk.
Although using a FX trading demo account has several benefits for traders, some tricks are well worth talking about because the technicians of getting into a demonstration operate and the producing emotional responses an investor can possess while controlling it can differ significantly from the encounter of live forex trading utilizing their personal hard-attained money.
Additional common demonstration accounts circumstances which make them vary considerably from an actual cash financed account include broker-imposed period limitations and set debris of virtual foreign currency.
The subsequent areas of this content will talk about starting up an on the web trading demo accounts, in addition to probably the most significant benefits and negatives of using a demonstration forex account in comparison to utilizing a live fx accounts for trading foreign currencies.
Starting Up a Free of charge Forex Demonstration Account
Simply about any trustworthy fx broker will allow potential and current customers to open up up a demo account with them free of charge to enable investors to practice currency trading using digital money.
Demo accounts traders frequently also get access to at least a few of the broker’s customer providers and consumer support personnel to ensure that they can obtain a much better feeling for what coping with the broker will end up being like when they determine to finance a trading account with genuine cash.
Investors desperate to open up a demonstration trading accounts can typically get around to the site of one or even more forex demonstration brokers and adhere to guidelines shown there for opening up a demo or practise account with the brokers they select.
Selecting the greatest fx demo accounts for your requirements might require critiquing those provided by a number of online brokers with different features in order to make an knowledgeable decision which broker is the best partner for your start.
When starting a demonstration account, you may even require to choose a quantity of virtual money to fund the demonstration accounts with and get into some personal data to determine yourself with.
In case you feel worried about offering your true personal data to a broker you are will to try not really you have more freedom as no documentation is required for this in general, the moment you open a real account your KYC documentation will be needed for compliance and this protects the broker as well as the traders from money laundering and fraud.
You can also open up a new e-mail account to get communications about the demo forex account if you are concerned about getting your personal email address offered to third celebrations like digital email entrepreneurs.
Pros of Forex Demonstration Trading Demo_trading_advantages
The two beginner and experienced forex investors regularly make use of demo accounts to rehearse trading currencies and check out a fresh broker or trading strategy.
Some of the more common advantages of interesting in forex demo trading consist of the following:
Observe if You Like Trading Foreign currencies
Those fresh to trading foreign currencies or trading generally can use an fx demo accounts to find if they are psychologically and psychologically appropriate to the bustle of trading forex. Everyone is usually different, and some people might actually appreciate trading currencies, as the activity might not match others’ preferences, personas or lifestyles at all.
Operate Forex without Risk Whilst Learning or teaching how to trade
– Beginners who are still learning how to operate foreign currencies frequently experience substantially even more assured putting their real cash in danger in the marketplace if they have an opportunity to try points away from 1st. A demo account allows them to place their training into practice in a near to actual existence environment without placing their genuine money at risk. This enables those to make common beginner’s mistakes while they find out without needing to spend for the effects out with their very own bank.
Practice Great Cash Administration Methods –
One of the secrets to taking pleasure in long-term success when trading forex requires learning to apply well-established cash administration concepts. A demonstration accounts allows a brand-new or skilled trader to practice such methods completely on true exchange rate actions and see on their own how the common benefits accumulate to their demo account in digital money earnings.
Find out to Control Your Feelings When Trading –
Probably the most difficult elements of trading for many people consists of learning how to control their psychological reactions to earning and shedding deals in such a method that it stimulates overall success. Dealing properly with normally regular mental replies to producing and losing cash – such as dread, avarice and wish – can often differentiate the effective fx investor from the loss.
Check a fresh Trading Technique Without Jeopardizing Actual Money –
Smart experienced traders and beginners as well will generally wish to check the achievement of any new trading technique they arrive plan before applying it in a live trading environment. This kind of enables them to accustom themselves to pursuing the program and also to function out any insects in it that may become obvious while using it as real exchange price movements happen.
Try Out a New Broker’s Trading System –
Unless you are utilizing the Mt4 system that a great deal of on-line forex brokers support, you will most likely want to make use of a demonstration accounts to observe whether a fresh fx broker’s private internet or client structured trading platform is usually ideal for your trading requirements.
Examine if a Fresh Broker Offers Useful Features and Solutions –
Fx Brokers keen to possess you open up a live trading account with them will frequently provide demonstration investors gain access to their unique customer features, educational and information services, and customer support departments. This can be a great method to examine your quality of the broker’s general solutions before carrying out any actual trading money to ensure they are the type of trading partner you will need keeping your accounts.
Broker news
Donald Trump blasts ‘fools’ who oppose good Russian ties


US President-elect Donald Trump has posted a progression of tweets censuring the individuals who contradict great relations with Russia as “‘dumb’ individuals, or nitwits”.
Mr Trump promised to work with Russia “to comprehend a portion of the numerous… squeezing issues and issues of the WORLD!”
His remarks came after an insight report said Russia’s leader had attempted to help a Trump race triumph.
Mr Trump said Democrats were to be faulted for “gross carelessness” in permitting their servers to be hacked.
In a progression of tweets on Saturday, Mr Trump said that having a decent association with Russia was “no terrible thing” and that “lone “idiotic” individuals, or simpletons, would believe that it is awful!”
He included that Russia would regard the US increasingly when he was president
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