Binary Options Brokers Accepting Visa
Binary Options Brokers Accepting VisaNovember 20, 2013
Visa is by far the most popular and widely used credit card among binary options as well as Forex traders. The reason for this a simply because it has been around the most and is one of the most recognized brands on the face of the earth. However, most people don’t know there are a variety of ways to use Visa as a means to deposit and fund your real money trading account, and not just in the traditional sense.
Primarily, Visa has a lot of alternative payment options in the form of prepaid cards, gift certificates, and debit cards such as Visa Electron. There are a lot of benefits in using these options, but the first and most obvious is the fact that they serve as a means to curb your spending and control your budget and investments.
But still, the traditional Visa as well as Gold, Platinum and more recently Black remain the most predominant, simply because its the easiest to use and most accessible. The downside of using Visa has to do with limits that are set on your account. As opposed to an E-wallet such as Moneybookers or Paypal, the broker security staff will request you send in documents such as a driver’s license, utility bill, or various forms designed to verify your ID before you can continue depositing.
Due to the unprecedented rise of identity theft, one really can’t blame them. However, if you insist on using Visa or Mastercard to invest, you can always sign the documents beforehand and that way you will not have any issues with limits.