Jakarta –
Binomial once again became a hot topic after various victims appeared who claimed to have lost hundreds of millions. Even though it is clear that the binary options broker has been listed as illegal.
Many have said that the binary options system is similar to gambling. detikcom have tried it and it’s not like trading but like an online casino.
Actually besides Binomo, there are various other applications such as Olymp Trade, IQ Option, to Octa FX. Some of these applications have one thing in common, namely they both use a trading system called binary options.
Binary options itself is a trading system that is quite easy to use, users only need to choose between ‘up or down’. This trading system is often referred to as playing gambling. Is that right?
First, we have to do the registration process which turns out to be quite easy. Then, new users will get a balance of Rp. 14 million or US$ 1,000. But don’t be happy just yet, because this is using a demo account so you can’t cash out right away.
From this demo account, there are several settings that can be made, such as the trading period to the amount of the purchase value and the time frame.
The trading period is an option for how long the transaction will be carried out. The options can be minutes, hours to days. For example, we guess the price of the investment instrument will rise within 1 minute. If we choose it at a price of Rp. 100, then 1 minute later the price is at the level of Rp. 110, then we immediately get a profit.
The amount of the transaction value you want to bet can also be selected. At Binomo it starts from Rp. 14 thousand, Rp. 70 thousand, Rp. 140 thousand, Rp. 280 thousand, Rp. 700 thousand, Rp. 1.4 million, Rp. 2.8 million to Rp. 14 million. Oh yes, the denomination of the currency can be chosen in the form of US dollars or euros. The choice is made at the beginning of registration.
Then for the types of assets that you choose, they range from crypto indices, various types of cryptocurrencies, forex to CFDs (contracts for difference). We tried our luck on IDX Crypto assets with a demo account.
Several times we were wrong in guessing the direction of the chart movement, but many times we succeeded. So, in less than 30 minutes, our demo account which was previously Rp. 14 million became Rp. 15 million, with an investment of Rp. 700 thousand each time we trade. 1 hour can be Rp. 1 million, tempting isn’t it? Unfortunately it’s a demo account, the money cannot be withdrawn.
Continue on the next page. Capital sold out in half a day.
Watch Videos “Binomo Victim Reports to Police, Claims Loss of IDR 2.4 Billion“
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