Binary Options Brokers that Accept Giropay
Binary Options Brokers that Accept GiropayNovember 20, 2013
The internet in general, and specifically online Forex and binary options trading are constantly evolving. It comes with no surprise that the online banking industry, with particular emphasis on the European markets (due to regulatory reasons) are leading the way with new and innovative depositing and withdrawal methods such as Giropay.
How Does it Work?
Giropay is an online banking system primarily designed for German and Austrian Forex or binary options traders wanting to invest online.
Simply choose one of our recommended brokers and the proceed to select the Giropay option in the cashier section of the software. You will be automatically redirected to your bank where you will be able to open and fund your Giropay account. Once this is complete, you will be issued a PIN code. You will have to use this code in order to transfer your money from the Giropay account to your real money trading account.
The Benefits of Using Giropay
This is a completely safe and simple method which is used by hundreds of people all over Germany not just for trading purposes. Since you are actually using your own bank account for funding purposes, you are not reliant on third parties and additional fees.
Brokers such as Regal Options, and Redwood Options don’t accept this form of payment, however you can use it to fund your Moneybookers (Skrill) account and deposit from there. You are also welcome to try Anyoption, Traderush or 24Option since these brokers have made progress in regulation and upgraded their banking options.