Binomo has launched a new feature: 1v1 or one-on-one trading, a format that allows each platform user to have a match with another trader and maximize their trading skills in just 15 minutes.
The SVG-registered offshore retail FX/CFD broker has gone live with 1v1 competitions to make trading even more interesting for every Binomo user as they are able to further learn the limits of their abilities.
Up to 30 trades within 15 minutes
Any trader with a Standard account or higher and a minimum of $15 (or equivalent in local currency) to cover the entry fee can participate in 1v1.
The challenge is to make up to 30 trades within 15 minutes and score more points than the rival. The winner takes everything, including the opponent’s entry fee.
To join a match, visit the “Tournaments” section on binomo.com, click “1v1”, and “Find rival”. The system will automatically find an opponent, and 1v1 will start.
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How 1v1 matches work
Throughout 1v1, participants will score points based on their trading results: 2 points for each successful trade or 1 point for each unsuccessful/closed trade without profit.
The participant with the most points wins. In a tie, both participants will have their entry fees refunded to their real accounts.
The trade amount and the chosen assets are irrelevant; pure trading skills determine the winner, the online trading platform explained. Currently, 1v1 is available on the Binomo web version, including in the mobile browser via the app.
Binomo is a member of The Financial Commission
Binomo holds a Category A membership with The Financial Commission since 20 May 2018, which protects customers with up to €20.000 per complaint in the case of conflict with the brokerage firm.
Binomo offers a modern trading interface, over 70 financial assets, and 30 advanced analytical tools. It provides free video tutorials, easy-to-use strategies, and a demo account so that any trader can make informed decisions and achieve their financial goals.
Binomo is a retail FX/CFD broker registered in the St. Vincent and Grenadines, offering derivatives trading products covering asset classes such as FX, Crypto, Stocks, and Commodities.
