Why Documentation and Forms Are Needed in Order to Withdraw Your Money

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Category Archives: Depositing Money

Why Documentation and Forms Are Needed in Order to Withdraw Your Money

Posted on by John Thiel

I’m sure a lot of you have heard horror stories about binary options traders that have experienced the painful agony of trying to cash their money out and having it being declined due to missing or improperly filled out forms. Well,  you can bet your bottom dollar there will be many more traders having to go through this tedious process in the future. The Business Logic CySec-licensed, or alternatively non-licensed binary options brokers don’t charge fees or commissions as would a traditional broker, they make their money based on the amount of money deposited less money withdrawn. For the better …

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The Advantages of Using E-wallets to Fund Your Trading Account

Posted on by John Thiel

A few of my more avid binary options traders have recently asked me about the best way to fund their real money trading account. My almost Pavlovian response was “use your E-wallet, and if that’s not possible get a prepaid credit card with a Visa logo on it and get started with out any hassles. Advantages The advantages are obvious: Relative Anonymity: Be it Neteller, Moneybookers (Skrill), or Webmoney, the E-wallet provides you with an envelope of anonymity and lets you focus on what you do best – trade. Budget Control: Allocating a budget and sticking to it is much …

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Brokers With the Most Diverse Depositing and Withdrawal Options

Posted on by John Thiel

If you are a binary options trader looking for the broker with the most diverse depositing options, you are probably looking for Anyoption, Optionsclick, or 24Option. It is worth mentioning that all three do not accept US traders. Anyoption offers the richest and most diverse banking options in the whole industry. This broker has the most advanced processing capabilities by far. Furthermore, the banking section on the website offers a unique and highly functional scroll-down tool that allows you to select a deposit option according to your country. Optionsclick also accepts a wide variety of credit cards such as CartaSi, Carte Bleue, Dankort, Diners, Discover, JCB, Laser, Maestro/Switch, Mastercard, MC …

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Binary Options Brokers that Accept Paysafecard (PSC)

Posted on by John Thiel

After having conducted in-depth research into which binary options brokers accept Paysafecard, I have come to the conclusion that none of them do.  So you may ask yourself, well how is this possible? Why is it that moneybookers or Ukash is accepted, or even EPS, but not PSC? The reasons for this vary, however when it comes to issues like this its usually one of two reasons. Since the brokers usually work with a few processing solution providers such as Envoy AKA Worldpay AP Limited, these providers provide a parcel of solutions and for some reason Paysafe Card is not included. …

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Binary Options Brokers that Accept Wire Transfers

Posted on by John Thiel

Big or small, new or veteran, every binary options broker out there accepts bank wires. The reason for this is simple, in order for the broker to operate he needs to register a company and open a bank account. So if you encounter an account manager or support representative telling you that wire transfers are not accepted, they are either completely incompetent or would prefer you fund your trading account using an alternative depositing method. Bank Wires: The Benefits The advantage of wiring money is basically not being restricted to any amount. For example, if you have $100,000 in your …

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Binary Options Brokers that Accept Paypal

Posted on by John Thiel

Paypal is considered by many binary options traders to be the best possible E-wallet. The reasons for this vary, however the fact that most people already have a Paypal account and understand how easy it is to use makes it that much more appealing. The benefits of using Paypal as a means to deposit as well as withdraw money from your account are obvious, however the only way to use it is to get a Paypal Prepaid card with the Mastercard logo on it: Just as is the case with all other E-wallets, you have an effective way to control …

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Binary Options Brokers that Accept Debit Cards

Posted on by John Thiel

What are the benefits of using a debit card to fund your real money trading account? Well, primarily if I want to exercise more effective budget control tactics and stay away from my credit card, the best we for me to do it is with my debit card. I own an Amex (American Express), Visa, and Mastercard debit card, and some of them belong to my businesses while others are personal. Binary options brokers such as Optimarkets, Cedar Finance, Redwood Options, and XPMarkets all accept debit cards, as long as they carry the Amex, Mastercard, or Visa logos.The dis-advantage of …

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Binary Options Brokers that Accept Prepaid Credit Cards

Posted on by John Thiel

Prepaid credit cards are an excellent way to fund your trading account, primarily because of the fact that they allow you to control your budget and insulate your bank account completely. Using prepaid is also a great way to set limits for yourself, and if you are prone to emotional investing I highly recommend you use this form of payment. Another benefit in using a prepaid card has to do with the fact that it is paid for in cash and does not reflect in your bank account statement, so you get to keep your anonymity while at the same …

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Binary Options Brokers that Accept Visa Electron

Posted on by John Thiel

Visa electron is a popular debit card available outside of the US, Ireland, Australia, and Canada that enables you to deposit and fund your account in a safe and controlled fashion. The difference between a usual debit card and Electron is that as opposed to regular debit, all the funds must be available in order for the cash to be withdrawn. This is a fantastic way to curb your spending and monitor your investments in a way that allows you to execute successful trades, while at the same time not worry about exceeding your credit line. Some of the recommended …

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Binary Options Brokers that Accept Amex (American Express)

Posted on by John Thiel

The American Express (Amex) Card is quickly becoming the preferred credit card among binary options traders for a variety of reasons. First and foremost due to the fact that Amex has higher depositing limits (credit lines) than Visa or Mastercard. Especially Amex Black, which is an exclusive card reserved only for the richest customers, but also the Platinum and Gold Card will have higher limits and less declines on purchases. The benefits of using this credit card are obvious. First of all, your transactions will go through very smoothly with most brokers without being rejected. This is very easy to …

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