Guide to Binomo VIP account
Binomo VIP account overview
Binomo provides an opportunity for its clients to open a VIP account. VIP account holders require higher than the usual initial deposit. But why should you invest more to get it? As we will see, this account comes with multiple possible advantages over other types of accounts.
Mainly, a VIP account makes trading easier and can thus be potentially more profitable. In this overview, we’ll go through all the processes of opening a Binomo VIP account. We will also go through all the key potential benefits of this type of account.
How to become a Binomo VIP account holder?
How to open a Binomo VIP account
The Binomo VIP account is available to all account holders from any country. This is a strong advantage over the majority of other brokers who have geographical limitations. In order to qualify, your account must be funded with more than $1000 or equivalent in other currencies. Account holders must confirm their mobile phone number and personal information.
Other benefits for VIP account holders at Binomo
One of the key benefits is a possibility to earn a higher return on investment, given the associated capital loss risks. The maximum earning potential for each trade becomes as high as up to 90%, which is up to 4% higher than the Gold account. This is a very important benefit since it offers a higher likely risk/reward ratio, allowing you to enjoy a higher possible profit in the long term, conditional on risks.
Another advantage of Binomo VIP accounts is the ability to get special offers, free deals, and various bonuses. Furthermore, more assets will become available for trading along with partial loss compensation and cashback services.
The next advantage is a personal account manager assigned to each VIP account. You can consider it as getting a personal mentor, who will help you with trading and any issues concerning your trading account. And finally, support tickets and withdrawal requests are prioritized and processed much faster.
Binomo VIP advantages
A note of caution before opening a Binomo VIP account
Having a VIP account provides you with multiple bonuses. However, this doesn’t mean that your personal account manager has to make trading decisions for you. Always remember that this is your hard-earned money and it is your responsibility to make all the trading decisions. While you can accept the help of a personal account manager, don’t let them become your personal trader.
Binomo, like most regulated financial derivatives brokers, monitors all accounts to prevent illegal activities. If your account is suspected of fraudulent transactions, it is likely to be frozen and can even be closed.
If you consider becoming a Binomo VIP client, do not hesitate to contact the support. They will gladly explain all the potential benefits and perhaps offer even more advantages than you wished for.