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Binary Option Deposit and Withdrawal Methods
Since 2008, the Binary Options trading and the binary option robot industry has become very famous between traders from all around the world. Many people have heard about the Binary Options industry, but they still do not know what exactly this is.
Binary Options is a way that allows many traders around the world to calculate and analyze market trends, which will give them a possibility to achieve success and high payouts on the financial market. Through binary option, industry traders should be able to see the potential risk before investing their time, effort and capital.
Binary Options Trading and Its Assets
For those who have ever wondered what the word binary stands for; literally, it is “having two parts”. It means that you as a trader on the market should predict the “Call” or “Put”. In Binary Options Trading, you have only two possible investments and you should choose one, before taking any future actions.
The “Call” option is when a trader predicts the rise of some type of an investment on the financial market. The “Put” option in the Binary Options Trading is when the trader predicts the fall of some investment.
These two options are very basic and also very important for every trader. For example, if your interest is gold and you are following the global market for trading gold, you should be able to choose between these two options. Also, you should understand all analysis connected with the binary investment in gold if you want your investment move to be successful and bring you the payment that you have predicted from before.
Understanding how binary options trading works, it is time to know where you can invest and what assets are usually traded. There are several common assets that people believe in them and are having successful binary options trading moves:
- Forex is one of the most famous online binary options trading around the world. It is a combination of many worldwide currencies such as USD, EUR, GBP, JPY, and AUD;
- Commodities is the one connected with prices for Gold, Oil, Silver, Coffee and more goods;
- Stocks are where you can follow many international companies and corporations from a variety of industries such as automotive industry, banking, insurance and more.
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IQ Option: Deposit and Withdrawal Methods in Binary Options We Will Reveal The Cheapest and Most Trustworthy Banking Methods
How to Make Money with Binary Option Robot
Top Binary Option Robots in United States
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Claim your free binary option robot, get started with three easy steps:
- Name of Robot
- Min. Investment
- Min. Deposit
1. Your Binary Option Robot will analyse the market and decide, which asset (currencies, indices, commodities and stocks), is right to trade at that point in time.
2. The Binary Option Robot Will Predict the Price Movement
Your robot will assess a wide-range of factors, and then make a prediction on how the assets price will move, saying: Call (up) if it believes the price will rise and Put (down), if it believes the price will fall.
3. Decide on how much you want to Invest
Then you need to decide how much you want to invest in the commodity and when that investment will expire.
4. Collect your Earnings
Finally, you collect your earnings (the good part!)
TABLE OF CONTENT
For many brokers, binary options and option robot is a simple way to predict all threats on the financial market with good option signals before you get involve with your money and time. Also, every trader should know that binary options brokers like IQ option for example, are offering different e-wallet providers, debit cards and bank wire, which allows traders to deposit and withdraw their earned funds.
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Withdrawal Methods of Binary Options Trading
In 21 st Century, there are many different ways for payment. You can be paid from anywhere in the world at any time; thanks to the technology and online payment possibilities. Withdrawal methods of binary options trading are different for different countries. However, most of them are common and can be done through credit or debit card, e-wallet and more.
Every binary options trader should be aware of the benefits of the different online payment methods. Here is a list of several most common withdrawal methods of binary options trading that can be used almost in every country in the world:
- Bank Wire. This payment method of binary options trading is maybe the oldest one and the most common. It is a payment method that can be done between two different banks in one or three days. For some binary options traders, this is a slow transfer process and it is not acceptable if you rush with the payment. Plus, there is always a fee that the banks are taking in order to complete the transaction successfully and on time. If you want to do a deposit money through this payment method, all you need to provide are IBAN, the SWIFT code, and a name of the account holder.
- A debit and credit card. In the past years, debit and credit cards have become one of the most used methods for making an online transaction. A debit card is given by the bank with the name of the bank account holder and a unique number only for that specific holder. Having a debit card will provide you better opportunities to transfer your payment from binary options trading. Also, it can be used anywhere in the world. It is the same with the credit card, but the only difference is that withdrawal process can be successful instantly from the moment of sending the payment and it is immediately visible on the debit card. On the other hand, banks are searching for a monthly fee for the credit cards that should be paid on a specific date once a month. There are several popular credit cards that you should know such as Visa, MasterCard, American Express and more.
- E-Wallet payment method. This virtual account seems to be one of the most reliable and quick online payment methods in the 21 st Century. It is an online payment service for customers from all over the world. It is easy and fast to use and it can transfer the payment without any additional problems. If you want to use the e-wallet payment method, all you have to do is to register with your information on the online platform. Besides binary options trading, this payment method is also used for online shopping around the world. People trust in e-wallet because the information from their original debit and credit card are never shared with anyone and they are saved and protected from any identity frauds. The registration process of an e-wallet service is pretty simple and a fast process to do. All you have to do is to provide basic information such as your full name, address, and date of birth. These personal data are also protected just like the ones with credit and debit card information. These are providers which do not charge any fee per transaction. But, there are some providers which are charging a low fee such as $10 or even lower. This is still acceptable for many binary options traders because e-wallet is a trustworthy way to do a payment transaction of the work that has been done on the financial market. Some of the popular e-wallet service providers are Skrill, PayPal, Neteller and others.
Online Service Providers of Binary Options Trading
As it was mentioned above, there are many different e-wallet service providers for online payment of binary options trading. It is necessary to know a few important information for each service provider and to be able to choose the right one for you and your financial success in the binary options trading world.
Most used online service providers of binary options trading are:
- PayPal. Almost every one of us has heard about PayPal. It is a top used online payment platform. There are many customers from all around the world who are choosing PayPal as their first choice when it comes to the best online payment method. PayPal was founded in 1998 and until today, it is available in 190 countries in the world and supports 24 different currencies. PayPal platform is also searching for basic personal information when you are registering for the first time. What makes PayPal different from other online payment methods is the documentation evidence that should be uploaded by members to prove their identity. Also, PayPal supports almost every debit and credit cards such as Visa Card, MasterCard, and Maestro Card. You can find this online payment provider highly popular in the US, India and everywhere around Europe.
- Skrill. Maybe some of you remember this online payment platform when it was Moneybookers. In 2020, the name was replaced with Skrill, which provides amazing and quality payment services for their customers. This almost new online payment platform can be compared with PayPal. You can find in 200 countries in the world and it is available in 40 different currencies. One of the best moves of Skrill was creating a special Skrill MasterCard for all their customers. This card can be used everywhere around the world and can withdraw money on the ATMs all over the world. According to their information, the Skrill MasterCard can be used on more than 1.9 million ATMs around the world. People find this so amazing and they are constantly using their services, especially binary options traders. If you are one of the binary options traders, you should definitely know that the majority of professional and best binary option brokers supports Skrill payment methods. Some of those binary options traders are 24option, IQ Option, Banc de Binary, and others.
- Neteller. Maybe it is not so famous like PayPal and Skrill, but Neteller is one more quality online payment provider suitable for transactions of binary options trading. Neteller is also providing MasterCard for their customers for easier access to their incomes. This online payment provider does not charge any fee and if you withdraw money from ATMs, the fee is 4 EUR.
Traditional banking methods
Binary Options Trading Withdrawal and Deposit Methods in Different Countries
After knowing most of the important deposit and withdrawal methods of binary options trading, it is very useful if you know how popular they are in your country and which one is the best to use.
Here is a list of several countries in the world and their use of payment methods of binary options trading:
- United Kingdom. In the UK, online payments are very popular, especially if you are a part of the binary options industry. Usually, in this country, people are using debit and credit cards. However, PayPal is the third most popular online payment method and according to latest data, there are 23 million PayPal accounts in the UK. This includes people from Britain, Wales and Ireland.
- France. According to the latest research, almost 57 percent of people in France are using credit and debit cards. Most used are MasterCard, Visa Card, and Carte Bleue. This last card is actually a debit card and allows payments without any permission of the bank. Also, the latest online payment transaction can be done through SMS or telephone through Allopass and UCash payment methods.
- Germany. In Germany, there are many people who are interested in binary options trading and because of that, they are using many different payment methods. Around 58 percent of people in Germany are using bank wire method to transfer their funds from their binary options trading activity, while35 percent of Germans are trusting and using debit and credit card payment. PayPal is also popular in this European country together with GiroPay and Rate Pay, which are special German payment methods.
- Spain. An interesting fact about Spain is that even 97 percent of people are trusting and using debit and credit cards. PayPal, Allopass and Teleingreso are other popular ways to transfer your funds of binary options trading. Besides that, data are showing that Spanish people are using these payment methods also for online deposits on betting sites and online gambling.
- Italy. Italian people are similar to Spanish, because almost 73 percent are using credit and debit cards. Also, PayPal is their favorite payment provider when it comes to binary options trading. Diners Card, MasterCard and Carta Si are the most famous and used credit cards across Italy.
- Benelux Countries. Belgium, Luxembourg and Netherlands, as part of Benelux countries, are very developed when it comes to binary options trading and withdrawal methods. Dutch people use mostly iDEAL, which is a similar service for online payments like PayPal and it is established in 2005. Through this online payment provider, you can make a direct transaction from one bank to another. For people in Belgium and Luxembourg, a trustworthy payment method are credit and debit cards. One of the most famous cards is Visa Card, but also you can find the JCB card, which is famous for these three countries.
- Russia. In the biggest country in the world, people want to use QIWI a special Russian online payment method. Also, almost every e-wallet payment method is popular in Russia and people are having trust in all online payment providers. Yandex Money and WebMoney are other reliable and quality payment methods and they are used most for binary options trading. Not so high, but a significant percentage of Russian are using debit and credit card as their payment methods.
- Denmark, Sweden and Finland. Scandinavian countries have a high percentage of trust in credit card payment method, especially when it comes to withdrawing money in binary options trading. For example, in Denmark most of the people are using Dankort, a payment method which is including an international debit card that can be used as a debit card. This means that even outside Denmark, you can withdraw money from ATMs with this special Visa Dankort. In Sweden and Finland, a high percentage of people are using bank wire transfer for binary options trading. Klarna is another popular payment method in Sweden and it is used by 20 percent of people in this Scandinavian country. Also, this payment method is used in Denmark, Finland, Norway, Germany and Austria.
If you are living or working in one of these countries, all these information and data can be very useful for your future when it comes to payment methods for withdrawing money of binary options trading. In addition, if you are traveling a lot in these countries, you can be informed of what payment method is the best while you are staying there.
But, if you are living and working in the US, keep reading because the next info is about payment methods of binary options trading in the US.
Deposit and Withdrawal Methods of Binary Options Trading in the USA
The binary options industry is also very popular in the US. This industry is more developed in the US than other parts of the world. For binary options traders transferring their funds from the successful investment on financial market, it has never been too easy, if they are located in the US.
In this country, almost every online payment method is available and is working just perfect. In the past years, a majority of people who are living and working in the US are using credit cards as their payment method. However, after the appearance of e-wallet and the fast development of online payment providers, US citizens have changed credit cards with this payment method, especially when it comes to deposit and withdrawal money of binary options trading.
PayPal is actually on the top when it comes to using online payment methods in the US. People really trust this payment provider and are so satisfied and happy to have it. Also, PayPal is the reason why people are still using credit cards in the United States. They need to connect this online payment provider with their credit card, so they can be able to withdraw money from ATMs across the country and even abroad.
According to the latest data, 79 percent of people in the United States are using PayPal like their primary payment method. Binary options traders in the US believe of the quality services that this e-wallet is providing for their customers, unlike people from Europe who are still focusing on credit and debit cards and also bank wire transfers.
Payment options are various in binary options
Deposits and Withdrawal Methods in South Africa
The South African currency is known as ZAR (South African Rand). Currently, you can get US$ 7.6 for every 100 ZAR.
The south African market has emerged as one of the fastest growing markets and it has been adding new traders at an exponential rate. The traders having an inclination for the online binary trading uses different deposits and withdrawal methods including debit or credit cards, bank wire transfer, and popular e-wallets.
Debit and Credit cards
There are several choices for South Africans to execute their financial transactions through debit or credit cards.
The South African financial market is dominated by four large banks, also known as “Big Four”. These banks are NedBank, The Standard Bank, The First National Bank, and the Absa Group Ltd. These banks provide various cards (credit and debit) to their customer for ease of transactions and online financial dealings. The VISA card holds the leadership position in the South African market with more than 48 percent market share. Besides VISA cards, the citizens of the South Africa enjoy services of MasterCard and the American Express cards.
Another widely used card is the Virtual card in the South African market. It serves as a preferred mode of online payment and is issued by various banks. The virtual card is a prepaid debit card which doesn’t have a physical presence but can be used for the online financial transactions. The virtual card works on the principle that the end user can load the requisite funds to spend on online purchase and also, they can withdraw funds through the virtual card to their associated bank accounts.
The Central Bank of South Africa (The South African Reserve Bank) has recognized the e-money and the liability of equivalent monetary value has been assigned to the issuer of the e-money. Meaning, the issuing authority is liable to pay the real money equivalent to e-money to the holder.
Alternative Payment Methods
One of the oldest banks in the South Africa, First National Bank, provides several choices for depositing and withdrawing funds. Along with banks, there are several financial service providers who provide e-wallets to enable digital financial transactions in the country. The leading e-wallets in the South African region are Skrill, Moneybookers, PayPal, Neteller, Ukash, amongst others.
The First National Bank also offers e-wallets, which enables several modes of payments including money transfer to cell phone numbers. The customers are can utilize any of the following POS (Point of Sale) method to initiate the transaction with the bank: the bank’s website, the mobile banking, the mobile application, and through their nationwide ATMs. The PayPal is also enabled with the bank for transferring funds from the bank’s account.
As discussed, the South African market offers several e-wallets to the traders originating from the region. Besides the popular e-wallets, local companies also offer e-wallets to the residents of the South Africa.
M-Pesa: One of the largest cellular operator, the Vodafone, provides a mobile-based platform for the online transactions which is known as the M-Pesa (wherein M stands for Mobile and Pesa stands for money in Swahili). It is a secure and safe platform to transfer funds without a bank through SMS.
Zapper: Launched in 2020, the Zapper mobile application has been gaining momentum in the region for convenient and secure money transfers.
FlickPay: Another mobile based e-wallet which is popular amongst South Africans, is the FlickPay, which is powered by WiGroup – a company specialized in the mobile transactions. It enables safe and secure transactions along with simple user interface.
CellPay: Recently launched e-wallet, the CellPay, not only enables payment through credit cards, it also allows transactions directly from the First National Bank accounts.
How to Withdraw Winnings?
The withdrawal process at almost all the broker falls in the same category. This helps you, if you learn the withdrawal process at one brokerage site, the same process can be reused at the other websites.
The following text outlines the generic steps of withdrawal process which is followed by the most brokers.
Select the Amount: To initiate the withdrawal from a binary options broker website, the first and foremost thing is to identify and reach out to the financial handling page. Then you have to enter the amount you wish to withdraw. There are certain brokers who put cap of minimum withdrawal amount, meaning you are allowed to initiate withdrawal only if you meet their terms and conditions for the withdrawal.
This is definitely disheartening for the small or retail traders, as these traders don’t indulge into heavy trading and don’t meet the volume requirements.
Select the payment vehicle: once you have selected the amount of money you wish to withdraw in accordance with the terms and conditions of the website, you are required to select the payment vehicle which will assist in transferring funds to your account. The binary brokers offer a variety of options to transfer the funds to customers account including wire transfers, e-wallets, credit or debit cards, and Money bookers.
There is a limitation with most of the binary brokers in selecting the payment method, they restrict the withdrawal only through the mode which was utilized during depositing the funds.
Confirm: After completion of above steps, all you required is to confirm the transaction. The payment processing staff will then evaluate your request and if found valid, they will process it to initiate the payment. The payment takes between 4 to 7 days to reflect in your own account depending upon the payment method you had selected earlier.
Waiting period: The payment will not reflect in your credit or debit card as soon as you have confirmed the transactions. The main reason behind the delay is that it is not an automated process and requires human intervention to complete the transaction.
Generally, several traders are making a request for withdrawals on a daily basis, and all the request needs to be thoroughly screened by the payment processing staff of the binary broker. This leads to delay in processing the request, resulting in delay of 4 to 7 days.
Can You Withdraw Anytime?
The simplest answer is YES; you can withdraw your money at any time at a legit broker site and if someone restricts it then consider that there is something fishy with the website. Having said that, the immediate withdrawal needs to meet certain conditions described in the terms and conditions of the page to qualify for the payment.
The binary brokerage website offers lucrative bonuses to persuade the investor or trader to register on their site. Once you have received such bonuses, you have to forego your right of immediate withdrawal and the withdrawal is only possible when certain volume or other conditions are met as described in the website’s T&C page.
Generally, these conditions include, generating a volume as specified or executing number of transaction or both. Once such conditions are fulfilled then traders are allowed to withdraw their winnings as well as the bonus money. This makes a lot of business sense, for instance, if broker allows traders to withdraw funds immediately then the traders might just register on the brokerage site, make a deposit and get bonuses, and then immediately make a withdrawal request to draw both deposit and bonus amount.
In case the traders have received the bonuses but are haven’t fulfilled the terms of the bonuses, then the traders are allowed to withdraw only the winning amount from transaction carried out by both funds (deposits and bonuses).
Issues Related to Withdrawals from Binary Options Brokers
In the beginning, the scouting trader looks at google by typing “XYZ Broker Review” to get an idea about the brokerage house and research further to get the reviews from the real users. Depending upon the number of years the broker has been in the business, the scouting trader will find some positive and some negative feedback regarding the withdrawal procedures.
You can definitely take help of our reviews on the website to know more about various brokers. The majority of complaints about the withdrawal exists because of either the withdrawal procedure or with the bonus withdrawal. The following text describes both the issues and how to overcome it.
The Withdrawal Procedure: The process devised by the brokerage house to initiate and complete the withdrawal transaction is called the withdrawal procedure. As in any legit business, the cash out requires you to fulfill certain formalities before initiating the withdrawals. These are standard requirements which are being followed by almost all the brokers and they include formalities related to Anti-Money Laundering and Know Your Customer guidelines. These requirements assess whether the trader who is registering is the same as he declares himself on the site through some valid documents. The broker assesses the trader through an identity proof and address proof.
The following list of documents is requested by almost all the brokers, specifically who are regulated by the Cyprus Securities and Exchange Commissions. There might be some variations in the requirements and you should check the terms of withdrawal to get the complete knowledge for your choice of broker.
- Identity Proof – To validate the identity of the individual who is enrolling on the brokerage site, they require a copy of either the passport, driving license, or the national ID.
- Address Proof – In order to assess whether the trader has a same address of resident as indicated while registering on the website, they request for the latest utility bill, latest tax bill, bank statement, or credit card statement.
- Credit or Debit card – In case you want to withdraw funds to your credit or debit card, then you must send a copy of back and the front side of the credit card. For security purpose, you are allowed to black out the center 8 digits of the credit card number on the front, and CVV number at the back side of the credit card. We request you to follow this security measures at all times and without fail.
- SWIFT Code – For withdrawal direct to your bank accounts, you are required to submit the SWIFT Code confirmation from the respective bank.
The above document list is for understanding and is not exhaustive. Please check the individual brokerage site to get the full list of requirements for the respective broker.
The bonus Amount: This is another parameter wherein most of the complaints can be seen. The brokerage houses provide bonuses to attract the user to register on their website. However, many individuals think that the bonuses will be credit immediately and they can withdraw funds immediately along with the bonuses, and this way then can make money without even risking anything. You will have to understand that there is nothing called “FREE” in the world, and the bonuses are an instrument to attract you to register. While bonuses are good, they do come with certain preconditions which include either volume fulfillment or transaction fulfillment or both.
You will have to acquaint yourself with the individual broker’s bonus policy from their terms and conditions so that you don’t get heartburns.
Overall, it is requested and it is must for every trader or investor to read the terms and conditions of the website carefully before committing themselves to the respective binary broker.
Which Payment Method is the Best for You?
It is never too late to do another research when it comes to deposit and withdrawal methods of binary options trading. If you see the bigger picture, all these payment methods mentioned above are reliable and worth trying.
However, it is also a nice move if you consult with an experience binary options trader who has already used some of these payment methods and can tell you his or her experience and satisfaction. There is no better review from a person who has already tried some product or service by its own. In this way, you will know which online payment method is good for your future career as a binary options trader and which one is not.
Also, think about trying more than just one of the mentioned payment methods. You can be surprised how much beneficial it can be when you are using more sources of income and more platforms to transfer and use your money, from your financial success as a binary options trader.
Binary options industry is a great way to earn some money and be successful. All you have to do is to act smart and be careful with your calculations and analysis. Take some time to learn more about the way on how to do a successful analysis that will increase your income in the financial market.
Think about having a mentor, who will advise you not only for the deposit and withdrawal methods of binary options trading, but also for the whole process of working in this industry.
Also, when you think about which payment method you should choose, think about the location that you are currently staying. Make a good calculation of what country gives you the best payment method of binary options trading payments. In addition, always check the fees that are usually charged with these payment methods. You do not want to lose money once you are earning with making analysis and calculations on the financial market.
As it was mentioned before, there are some free payment methods that you can use, but first check if it is suitable for your country too. However, most of these deposit and withdrawal payment methods of binary options trading are charging small fees in order to do the money transaction. You can rely more on the safety than on the fee that they will charge you with every transaction.
Safety of your personal and professional information and data should be a priority, so it is better for you to check all reviews and rates about the different payment methods of binary options trading that you will choose. A good review does not mean that it will offer you a strong protection of your data. Always keep that in mind!
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Binary Options Withdrawals
Generating a profit from your binary options trading must be the aim of every trader. However, once you have gained this profit you will want to understand how the binary options withdrawal process works; this will allow you to collect your Funds.
Binary Options Withdrawal Facts
Every binary broker has a variety of methods by which you can add funds to your account. However, it is not always possible to remove funds by the same route. If this is of concern to you it is essential you verify the acceptable withdrawal methods before you create your binary options account.
You will also find that many brokers offer the opportunity to withdraw your funds for free; providing you use a specific method and it is only done once a month. The usual options include wire transfer or a refund to a credit card; providing it is the one you used to deposit funds into your account! Of course, both of these options take several days to be processed by the binary option broker and the bank or financial institution involved. It is simply not usually possible to access your funds instantly; you should keep this fact in mind when deciding your deposit level.
The Binary Options Withdrawal Process
If your funds are allowed to be returned by the same method as you credited your account then the broker would generally prefer you use the same method. This applies to wire transfers and credit cards and is straightforward; although, as mentioned, it can take several days for the funds to reach your account.
There are also other factors to consider, such as whether there is a minimum amount you can withdraw or even a maximum. You may not be able to transfer all the funds in your account in one go. Many binary options brokers will set a minimum of $10 for card refunds and $100 for wire transfer refunds. This simply helps to cover the cost of transferring the funds.
You may also find that you are unable to access your funds as you have accepted a bonus and have not yet complied with all the terms. It is not unusual for a binary options broker to insist you trade thirty times the amount of your bonus before you can access any of your funds. It is highly likely that you will be charged if you attempt to complete more than one deposit in a month. This is fairly standard across the binary options industry although you will still be able to make a withdrawal request whenever you want.
The best approach is to avoid as many charges as possible by calculating what you need and withdrawing it in one go. The less withdrawals you make the less the fees you will be charged and the greater your disposable income.
Extra Facts Regarding Binary Options Withdrawals
You may find that a VIP or top level account has additional perks such as no withdrawal fees. This is one good reason why you should have more funds in your trading account. However, this is not an option for all traders, especially when you are first starting out. If you do need to pay for your binary options withdrawals it is important to time them and calculate it as best as possible to avoid making more than one withdrawal.
It is also important to be aware that bonus funds are credited to your account but cannot be drawn out until specific terms have been met. If this was not the case many people would simply open accounts and remove the bonus to generate an income. You can access these funds normally once you have traded the required amount of times or funds.
The process of accessing your funds does not have to be difficult. Providing you have read the terms supplied by your binary options broker it should be straight forward to complete any withdrawal request; even if it takes several days to complete.
7 Binary Options
We have found out that BinaryOptions360 has shut down their operations.
We recommend choosing one of our top binary option brokers instead:
Min. Invest Min. Deposit Max. Returns All brokers >> Min. Invest Min. Deposit Max. Returns
Try also Binary Option Robot if you are looking for automated binary trading.
The withdraw as well as the deposit process with Binaryoptions360 binary options broker is comparatively easy for the beginners in binary options trading as well as the more experienced traders in this industry. The company allows the traders on its binary options trading platform to deposit and withdraw money into and out of their Binaryoptions360 trading accounts. With regards to the Binaryoptions360 deposits, the mot popular deposit methods accepted by this broker include the various card types, such as Visa and Credit cards as well as diners. Additionally, this binary options broker is unique in that it accepts such payment processing methods as wire transfers and PayPal. Just the deposits into Binaryoptions360 accounts are easy, so is the withdrawal process. In most cases, withdrawal requests by traders on this platform are processed on the same day.
The majority of trades on this platform prefer using wire transfer method to withdraw funds from their accounts, with which the request is processed in less than 24 hours. Regardless of the method you are using to deposit or withdraw, the minimum deposit amount imposed by this broker is $1000 while the minimum amount that you can withdraw from your accounts is $100. Alternatively, traders on this platform may also deposit money into their binary options trading accounts with this broker in multiples of $500 and as many times as they would wish to. After the withdrawal request from your Binaryoptions360 account has been processed, it will take about three days to receive the money, depending on the withdrawal method you are using.
Although there is a minimum amount of deposit that is imposed by this broker, traders on this platform may deposit any amount of money onto their binary options trading account, provided that the deposit amount is greater than $500 at any given time. Additionally, there is not limit to the number of times you can deposit money into your trading account within any given timeframe. The deposit process is also very convenient because the company allows its customer to use an array of methods to deposit money into their trading accounts. For every $500 you deposit into your Binaryoptions360 account, the company charges a fee of $25. This is meant to cover processing feeds charged by the banks handling the deposit. Although the deposit and withdrawal processes on this platform are smooth, secure and straightforward, it is a requirement by the broker that all the traders using its online binary options trading platform verify their accounts before they can access these services.
Has Binaryoptions360 ever Received Trader Complaints?
Currently, binary options market is among the most traded in markets across the world. However, the many traders in binary options across the globe are very concerned about the safety and security of their money with any broker or binary options robot as well as the features and tools on offer by any given broker and binary options signals service. In this regard, the binaryoptions360 broker is among the leading providers in the industry. In addition to guaranteeing the security and safety of traders’ money invested on their platform, the broker also offers its customers trustworthy and user-friendly trading environment. Another reason why this broker is trustworthy is the fact that it is registered and may be contacted through the various methods it has listed on its website.
Over the years that the Binaryoptions360 binary options trading platform has been operations, the company has never received any negative feedback from its customers. We were able to establish this after carrying out a keen investigation on the binary options brokers and using its platform to trade in binary options and test the services it offers. As such, the expert binary options traders at 7binaryoptions are confident that this is a good binary options trading broker; hence have included it in our list of trusted brokers. The fact that this trading platform is yet to receive any negative feedback from its customers may be attributed to the fact that it offers a very supportive and advanced trading platform.
The platform runs on Spot Option 2.0 software, hence is very friendly and easy to trade on. Additionally, the trades on this platform have an array of options, with regards to the type of binary options they would like to trade on the platform. Some of the options that you can trade on this platform include pair options, six seconds and thirty seconds options. As such, we advise our readers to examine the various trading options offered by this broker prior to making their choice. This way, traders can make the right trading choices and continually profit from speculating price changes in the financial market.
To further enhance the experience of the binary options brokers on this platform, Binaryoptions360 offers a demo account to its customers. However, the traders need to make an investment of not less than $200 into their Binaryoptions360 real account, before they can be allowed access to a demo account by the company. However, the seamless design of the demo accounts offered by this broker, coupled with the real-time trading data provided on this platform allows traders to practise trading in binary options without having to risk their money. This feature is aimed at preparing traders on this platform to continually profit from trading binary options.
The company is also reputed for offering some of the best customer support services in the industry. This may be another reason why this broker is yet to receive negative feedback from traders on its binary options platform. The customer care representatives at Binaryoptions360 are highly knowledgeable and experienced, hence will offer any binary options solution you seek if you are a trader on this platform. Currently, the company offers customer support services in three main languages, French, English and German. Traders on the Binaryoptions360 platform may also make use of the educational and training materials provided by the broker, including videos and e-books, to enhance their skills in trading binary options.
Is This Broker a Scam?
This is a question that is currently in the minds of many binary options traders today. Well, you need not to be worried about Binaryoptions360 broker being a scam broker. This is mainly because we only include the brokers we have tested and found to be legitimate in our list of trusted brokers. Since its inception and until now, this broker has strived to offer the traders on its platform unmatched trading experience in the binary options industry. So far, Binaryoptions360 is among the reputable brokers across the globe. The fact that the Binaryoptions360 runs on spotoption software is a clear indicator that it is a market leader. This is because this software is only used by the well renowned brokers in the industry.
In addition to being a popular binary options trading platform, binaryoptions360 is also a preferred broker among many traders today. This may be attributed to the many supportive features on offer by the company, in addition to its supportive customer support, innovative tools and magnificent features. The binaryoptions360 website is also easy to navigate for the new users as well as the existing traders on this platform. With binaryoptions360, traders can choose any of the six binary trading options offered by the broker. The options offered by this broker include one touch and high/low options. This variety allows traders to opt for they feel comfortable trading and make money on this platform.
A brief search of the internet will yield many binary options trading tips offered by different people. This is mainly because there are a couple of things that traders must do right in order to profit while trading binary options. Such things include reading the terms and conditions provided by a broker before choosing it as well as using the right trading techniques on the platform. If you are already conversant with these, you should not hesitate to join binaryoptions360 and start trading in binary options because the broker is not a scam. There are certain aspects that clearly set this broker apart from the other provides in the industry.
Some of these aspects include the highly responsive and knowledgeable customer support team, a wide array of assets for traders to trade on as well as high yields on investment by the traders on this platform. Having investigated this broker and tried its services, our verdict is that it is one of the best binary options trading platforms you can invest in today. If you happen to have any problem with the various services offered by this broker, you can simply get in touch with the customer care representatives and get assisted in the shortest time possible. In most cases, all the concerns by the binary options traders on the binaryoptions360 platform are resolved in 24 to 48 hours.
The Minimum Deposit at Binaryoptions360
Just like with any other broker today, Binaryoptions360 has a lower limit to what traders can invest in their binary options trading accounts. With this broker, traders cannot deposit anything less than $200 into their trading accounts with the broker. Some of the most important things that you need to consider prior to signing up with ant broker today include the deposit and withdrawal requirements by the broker. For instance, you may need to look into the period taken by the broker to process withdrawal requests. While some brokers will take up to a week to process withdrawal requests by their traders, withdrawal requests by Binaryoptions360 traders are processed on the same day. At the same time, the deposit and withdrawal processes at Binaryoptions360 are pretty easy, even the novice trades can carry them out without any problem.
Once you have registered for an account with this broker, it is a requirement that you verify the account. This is normally done by submitting the verification documents required by the broker, including a copy of a government-issued ID and a proof of your address. Additionally, you will also be required to provide a swift code while verifying your account with Binaryoptions360. This verification is a one-time process that is carried out to provide a safe and secure trading platform for traders using Binaryoptions360 binary options trading platform. Once your account has been verified, it will be impossible for someone else to access your account without your knowledge. Additionally, the company has various measures in place to curb identity theft cases on its binary trading platform. To withdraw from your Binaryoptions360 binary account, you need to have a balance of more than 100 currency units and withdraw an amount that is greater than 100 currency units.
BinaryOptions360 Mobile Trading App
In addition to being a well renowned company in the binary options trading market, binaryoption360 offers customized binary options training programs as well as high quality services to help their customers succeed in trading binary options. This is in line with long-term objective of the company; to become a global leader in the binary options industry.
360mobileBinary360 is well known in the trading world, especially for the company’s high quality services and customized training programs. They are also known for trying as much as possible to provide the best services for their traders. Among the leading innovative technologies applied by this broker is their mobile binary options trading platform. Many of the traders on this platform love it because of the convenience and flexibility that the mobile trading platform offers. While trading on the binaryoption360 traders can still have access to the more than160 trading assets available on the desktop based trading platform. The mobile platform used by binaryoption360 is a bit different from the mobile trading platforms offered by other brokers in that it is more user-friendly and easy to use foe trades with varying skill levels. Additionally, the platform allows traders to carry out all the transactions possible on a binary options platform, including depositing and withdrawing money into and out of your account.
The binaryoption360 mobile trading platform also supports an array of features that are conveniently availed to the traders with the aim of making their trading activity a lot easier and more enjoyable. It is free to download and install the binaryoption360 mobile trading platform in your mobile phone. With this application installed in your mobile gadget, you will regularly get data regarding the financial market to help you make more informed trading decisions, hence profit from the trade. From this application, traders can also get a full report on their recent trading activity, including the loses and the profits they made while trading binary options. The best thing about this application is that you do not need to be experienced in operating computers or even in trading binary options to trade in binary options using the application.
Option Robot Review
Options trading is a complex and essential part of online trading.
Option Robot is a new system for automated binary options trading that allows you to program the “robot” and have it placed trades for you. In other words, you can focus on doing research and building your strategy while Option Robot performs the trades. Since this is a new system, we at Business 24-7 felt it essential to investigate this system, provide a detailed explanation of our results, and provide our official rating.
How the system works?
Option Robot uses trading signals and algorithms to predict and analyze the most profitable options trades in the market. The system then presents these signals to the trader, who then places the trade or not. In addition, you can turn the system to “Autopilot” so that Option Robot will initiate trades automatically. Option Robot has a surprisingly good success rate for a system that is so new, which indicates that your trades may perform profitably with either option.
Different from many other options systems, Option Robot does not have a membership fee. You do, however, have to have an open account with one of their binary options brokers. (The Option Robot website has a list of approved brokers.) In order to open an account with one of the recommended binary options brokers, you need to make a minimum deposit of $250. As soon as your account is created, you’re able to connect Option Robot to your account and begin trading immediately.
Getting started with Option Robot is very simple. There are four steps you need to take to get started with Option Robot:
- Open an account;
- Choose your broker;
- Make your initial deposit;
- Start trading.
As soon as you begin trading, you’re given the option to trade automatically or trade manually. After you have generated sufficient profit, you will be allowed to withdraw your money to your bank account. Remember to check the terms and conditions of your broker regarding any fees you may need to pay for withdrawing funds.
How To Use Option Robot Software?
You might be asking, “How does Option Robot work?” After you’ve gone through the four steps listed above, you’ll be able to begin setting up the software the way you like. You can adjust the number of trades placed, the accuracy rate, and the amount of money invested per trade.
Option Robot also offers a new setting where you can choose the type of technical indicator you want to use. There are six technical indicators you can choose from, which are:
- Trend Indicator;
- Williams Percent Range;
- Relative Strength Index;
- Moving Average Convergence Divergence Oscillator;
- Stochastic Oscillator;
- Commodity Channel Index.
Another unique aspect of Option Robot is that it allows you to select two of these six technical indicators at a time. That means you’re able to configure the software to only place trades if both indicators match.
For example, if you choose the Williams Percent Range and Commodity Channel Index as your two indicators, the system will only place a trade automatically if both indicators agree.
Requiring that the system use two technical indicators before making a trade means you will end up with fewer total signals. The benefit is that you will have increased accuracy and, therefore, a higher percentage of winning trades. As always, be sure to test everything before allowing the system to make large trades for you.
The software also offers three different trading system formats. Those formats are Standard, Martingale, and Fibonacci.
The Standard trading system is by far the safest and is a wise choice for beginning traders. The Martingale system is a middle ground that allows for significant profit increases but also carries substantial risks. The Fibonacci system is the most complex of the three and is generally not recommended for beginning traders. Once you have a little bit more experience, the Fibonacci system is what Option Robot names its “most accurate system ever tested.” We recommend that you test this system using a demo account before attaching it to your real money account.
Inside the Option Robot website, you can click on the settings tab, which will show you the details of your account as well as let you watch a short video demonstrating how you can change the other settings.
There are also other ways that you can configure your software. For example, you can vary the trading windows from anywhere between 30 seconds to one hour. You can also set your system to execute up to eight trades simultaneously.
In summary, Option Robot allows you to automatically or manually trade using these four variables:
- Six technical indicators;
- A wide variety of expiring times;
- Three different strategies;
- Up to eight simultaneous trades.
Nine tips for avoiding robot scams
- Lack of product information
If you are struggling to find information and details about the features of the robot, that’s a possible sign of a scam.
Websites that are trying to scam you will often give you enough information to make you want the product but not give you enough information to understand what the product features are. Automated options trading companies that are honest will provide you with enough information and facts upfront that you’ll be able to logically understand why their product is the right product for you.
Probably the most prominent warning sign is that of exaggerated results like “make $10,000 per day with no experience.” There is not a single automated binary options trading robot available today on the market that can guarantee that type of outcome. And frankly, we don’t think any automated system will ever be able to do that.
More realistic expectations are a few thousand dollars per month, but even that won’t happen until you have some experience. The more experience you have, the more testing you do, and the more testing you do, the higher the probability of your success. In short, if a website “guarantees” trading income, just walk away.
- Few available assets for trading
Some of the worst scam robots out there will only let you trade in one asset. The reason it’s an issue is that only having one or two assets to trade means you will struggle to make any money. The more assets available that you have, the more trading offers you can make, and the higher your chances for establishing or increasing your income.
Often, robots will specialize in a particular asset. This specialization is different, and some of the best binary options trading robots have a specific emphasis. However, they are not limited to just one asset. Fraudulent robots, in contrast, will limit the number of assets you can trade.
Especially when you are a beginner in binary options trading, it’s best to use some of the many high quality and free binary options trading robots that already exist on the market. You do not need to pay tens of thousands of dollars to gain access to an options robot. Do some research and find the free ones that fit your trading style. After you’ve generated a consistent income using the free robots, then you might want to move up to a paid robot to get the extra, more advanced features.
Most scammers are very difficult to get a hold of when something goes wrong because customer service is expensive and difficult to manage. Often, the contact information on the site is either missing or fraudulent. If you do find some customer support information, be sure to contact them and ask at least one question before you buy it. Observe how quickly they respond and how accurate their responses are. The faster and higher quality response, the higher the probability they have proper customer support and are not scammers.
Professional-looking websites are expensive, and scammers usually don’t want to spend money on those kinds of things. To them, their scam is just a way to get money fast. Because of this, their sites may look “old” or even immature. Be aware of this when you see a website like that.
Always do your research, be aware that there are “stock image” websites that many scammers use to get pictures of “happy customers” and then make up the story or a testimonial for that image even though it’s not true. Beyond that, the photos may have been manipulated to look different than reality. While not a fool-proof way of identifying honest companies, a well-designed website that looks as stylish and attractive as the website of large, well-known companies can be an excellent way to make that first judgment.
- Lack of previous trading history
If you’re unable to find information about past trades, you should walk away. Many scammy websites claim vast income possibilities but then never provided any evidence of their successful trading history.
That said, sometimes the trading history can be a little bit difficult to find. However, companies that back credible trading robots will always post their product past trading history somewhere on their website. Generally, the longer the history, the more reliable the company.
Having a brief trading history doesn’t necessarily mean that it’s a scam. It could just mean that it’s a new product. However, if you are new to options trading, then it’s best to avoid options trading robots that don’t have at least a few years on the market. They may not always have all of the newest features, but scammers don’t have long histories on the market.
- Software and broker compatibility
The more binary options brokers that an automated robot can interface with, the better. You should use the research and experience of credible binary options brokers to help you as you try to filter out the scammy websites. You can do this by researching which of the reliable brokers an automated robot is allowed to interface with. If the broker doesn’t trust the robot, neither should you.
One important note as well is that you need to be able to turn the robot on and off whenever you want. Also, be sure to keep your investments inside of the broker’s account and not inside of an account that’s owned by the same company as the robot. By keeping these two things separate (though connected), you can reduce the possibility of getting scammed.
There are six technical indicators Option Robot offers. The user-friendly system is an excellent option for beginning binary options traders. Sign up is quick and straightforward. Option Robot has three different money management systems that can help increase your earning potential, which are:
- The Classic system;
- The Martingale system;
- The Fibonacci system.
Using Option Robot will allow you to interact with some of the best brokers in the world. Option Robot also has an exciting feature that they have named the “Reverse Trading Feature.” This feature allows traders to go against the signals generated by the robot. In other words, if you believe that the system is giving you signals that are incorrect or not profitable, you can reverse the trade with just a few clicks.
Is Option Robot a scam?
With new scams appearing almost every day, it is difficult to identify which systems and automated robots are effective and credible. Our investigation and professional evaluation of Option Robot indicates that it is 100% credible. Option Robot provides on its website their winning ratio which is around 83%. Such a high percentage puts Option Robot as having one of the highest success rates in the market as of this writing.
Another great benefit of working with the Option Robot is that most of the brokers listed on the official Option Robot website are regulated brokers. This regulation is necessary because that means those brokers have stringent policies, laws, and regulations that must be upheld at all times so that your money is as safe as it can be.
Based on our exhaustive review of Option Robot, it appears to be one of the best and most reliable automated trading systems or so called option robots available today.
- User-friendly interface
- Fully-automated trading system
- Manual trading
- Variety of trading assets
- Many reputable brokers
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