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Overview

Binoa is a well-known trading platform, where both experienced and novice traders can trade options. On the trading platform traders can choose from various assets, such as currency, oil, shares of large international companies and precious metals. Traders can select different types of options for transactions on these and other assets. But it should be noted that options trading is associated with risk, and since the company Binoa does not provide educational materials for binary options, this risk increases several times for those who are beginners in trading.

New customers of the company can try their luck in options trading, receiving no deposit bonus after registration. They can use it to trade options and different assets. If it seems for traders that they need more than no deposit bonus they can fund trading accounts and get the first deposit bonus of 100%, and for VIP accounts it may comprise 200%.

Bonuses

The company Binoa pleases its new customers with promotions, where it is possible to get no deposit bonuses and first deposit bonuses.

No deposit bonus is available only for traders and readers of Casinoz, who register on the trading platform Binoa for the first time. It is necessary to sign up for the no deposit bonus, indicating your personal information and contacts. Then you need to pass verification, i.e. to confirm your personal details by sending scanned identity documents to employees of the support service. As soon as the documents will be checked by the support service, no deposit bonus of 50 euro will be credited to your account. No deposit bonus can be used to trade binary options, choosing the most appropriate assets. All profits that are gained by new customers using bonus funds will remain with them. If the trading does not go well, and the trader loses the whole no deposit bonus, the brokerage company Binoa will not demand money back.

The first deposit bonus can be received by all new customers of the company Binoa if they open trading accounts. Deposit bonus for basic accounts comprises 100%. Its size is determined individually for VIP accounts and can reach 200%. To receive the first deposit bonus, a trader needs to register, open an account and deposit a certain amount into it. As soon as the above-mentioned conditions are satisfied, the company will credit the 100% bonus to the account of the new customer. Traders can use bonus funds to trade options. The bonus money can also be cashed, i.e. withdrawn from the account, but for that it is necessary to accept and meet all conditions of the company. And conditions of the broker are quite simple. It offers every trader, who gets the bonus, to trade various assets and close a certain trading volume, which depends on the initially deposited amount.

The required trading volume to withdraw bonuses:

- deposit up to 2,000 euro - trading volume = (bonus + deposit)*20

- deposit up to 5,000 euro - trading volume = (bonus + deposit)*15

- deposit up to 50,000 euro - trading volume = (bonus + deposit)*10

- deposit over 50,000 euro - trading volume = (bonus + deposit)*5

As soon as the required trading volume is closed, the trader can easily withdraw bonus funds from the account.

The promotion Refer a Friend is available for all traders, who trade on the trading platform Binoa. The company is willing to pay its traders bonuses for attraction of new customers from among relatives, friends or acquaintances. Bonus can be obtained if the trader invites ten people and they will register and fund their accounts. After that, the company will credit the trader, who referred them, the bonus that equals to $50.

Training

On the trading platform Binoa learning materials are absent, which makes it difficult for new traders to start trading binary options. They can only familiarize themselves with assets that are available for trading on the trading platform Binoa, as well as take advantage of analytical data, which are provided by specialists of the company, publishing them in the separate section.

Terms of trading

Binoa offers its traders the following conditions of trading on the global financial markets:

- financial tools: shares, commodities, currency pairs and indices

- types of binary options: classic, 60 seconds, one touch, PRO Trader, constructor

- trading platform Binoa for binary options

- the minimum deposit is $250

- profit from a transaction is up to 85%

- insurance is available for several types of accounts.

The brokerage company Binoa allows clients to trade on the global financial markets and stock exchanges using one of the available accounts:

- Silver

- Gold

- Privilege.

Trading account Silver:

- the minimum deposit is 100 euro

- the maximum deposit is 2,000 euro

- deposit bonus is 100%

- e-book on binary options- introduction

- personal manager is available.

Trading account Gold:

- the minimum deposit is 2,001 euro

- the maximum deposit is 5,000 euro

- deposit bonus is 100%

- e-book on binary options- introduction and basic elements of trading

- personal manager is available

- three one-hour lessons with the financial analysts.

Trading account Privilege:

- the minimum deposit is 5,001 euro

- the maximum deposit is 5,0000 euro

- deposit bonus is 100%

- e-book on binary options- complete course

- personal manager is available

- unlimited number of lessons with the financial analysts

- trading signals are available.

There are also VIP accounts for customers who are ready to invest significant sums in binary options. To open a VIP account it is necessary to contact the support service whose employees will help to open and provide the exclusive first deposit bonus.

Forex indicators (for binary options)

- MTF Candles.

- Ind TD DeMark

- Trend Filter

- VininI LRMA color

- Ma crossover signal.

Forex expert advisors are used for online trading by the bulk of traders, as they allow conduct both superficial and in-depth market analysis that in the future will lead to better decision-making and higher profits, respectively. Many platforms for binary options do not support Forex expert advisors, as the majority of them have been developed for the platform MT 4. You need to install the trading platform MT 4 to use them.

Binary options strategy

- Triple moving is a strategy based on trading with the trend. But in order to determine trends it is necessary to use Japanese candlesticks and technical indicator moving average. Only after finding end and pivot points of the trend with the help of these tools, traders can use this information in option trading.

- Martingale is so simple strategy that many novice traders start their operations in the world of trading with it. The fact is that using the Martingale method traders do not need to delve into market analysis, but just should bet on the selected asset exponentially. This increase should be done after all the losing bets, and in case of the winning bet, it is necessary to return to the beginning, i.e. to the minimum bet, used at the beginning of options trading.

- Hedging is a strategy that allows not only to minimize losses, but also to make a profit while trading binary options. This strategy is pretty simple, and it is used mostly by novice traders. To start trading, traders should select an asset and conclude transactions in different directions simultaneously. Such options trading will give the result, as one of the transactions is profitable, and the other one is unprofitable, and traders will remain with a small profit.

Strategies for binary options are usually developed on the basis of famous Forex indicators that allow deeply analyzing the market. But it is often necessary to download the trading platform Meta Trader 4 for their use, as the trading platforms for binary options do not support indicators.

Unique features

The brokerage company Binoa is interested in the opportunity for traders to earn money, and therefore it has organized an affiliate program, whose members can get a steady income without any investment and risks. The main direction of the program is the active involvement of clients of the company in binary options trading. Partners of the company will be provided with all the necessary advertising materials that can be used at their own discretion to refer customers.

Earnings of partners consist of interest rates from the company Binoa on the basis of trading volumes of referred customers. Money from these interest rates is credited to the accounts of partners once a month, but the statistics for the month can be seen in their own personal accounts.

Earnings from the affiliate program of Binoa are constant for its members, as long as the customers, whom they have referred, trade binary options on the market.

Add/withdraw funds

Clients of the company Binoa can use the following methods to fund their personal accounts and withdraw money from them: Moneybookers, Master Card, Web Money, Visa, PayPal, Liberty Reserve and Wire Transfer.

Contacts

Traders can contact the support service of the company Binoa only by using the feedback form that is available on its official website.

Cons and pros

+ the famous binary options broker

+ a wide range of options for trading

+ many different assets

+ deposit bonus

- no educational materials.

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