CToption Minimum Deposit and Payment Methods

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education How To Trade!
    Free Demo Account!
    Big Sign-up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!

The Best Online Casino Payment Methods in the UK

We tested the best online casino payment methods so that you can make an informed choice about which is the best online casino deal for you. Getting your money into and out of an online casino has always been a big factor when choosing a casino, and ensuring that your financial data is secure should be of the utmost importance.

It’s worth saying now, there is no perfect solution. Each payment method for online casinos has both positives and negatives to consider. High limits, low limits, security, speed of transaction, and whether there are fees to pay all play a part when choosing the best casino.

A Complete List of the Best Online Casino Payment Methods in the UK

With so many online casinos available to UK punters, it’s worth being aware of your options when it comes to depositing and withdrawing your money. Below is a full list of the best online casino payment methods available to use within the UK along with their benefits and negatives. You can find more information out about each one by visiting their individual pages from the links in the table.

Payment Methods Benefits Negatives
Debit & Credit Cards Trusted | Familiar Linked to Bank
PayPal Speed | Trusted Some Fees
Neteller Speed | Trusted Promo Restrictions
Skrill Speed | High Limits Promo Restrictions
PaysafeCard Good for Casual Punters Low Limits
Bitcoin Anonymous | High Limit Some Fees
ecoPayz Secure | High Limit Some Fees
Bank Transfer Secure | Trusted Slow
Boku Simplicity | Fast Mobile Only
NeoSurf PrePaid Card | No Bank Link Purchase from Retail
MuchBetter Designed for Gaming Some Fees
EntroPay Secure | Multiple Currencies Fees
Apple Pay Modern | Safe Apple Users Only
Trustly Speed | Security Linked to Bank

Choose a Payment Method and Find the Best Casino Deals

We go into great detail below, including showing you the best casinos and online casino deals out there based on the payment providers accepted. However, maybe you already have a good idea of what you’re looking for.

If that’s the case then use our handy filter below – just choose the online casino payment methods you’d like and choose a range of bonus levels that you’d be happy with. We do the rest and present you with a list of the best casinos available based on your criteria.

Be sure to check the reviews though as sometimes, online casinos don’t allow you to take advantage of the bonuses if you deposit by a certain method. In particular, this applies to Neteller and Skrill, but it’s worth being vigilant regardless.

eWallets – Great Online Casino Payment Methods

eWallets are methods where the transaction takes place purely digitally. The big advantage of these online casino payment methods is the speed at which transactions can take place. Most deposits via this method will be instant and allow you to play straight away.

Many customers also enjoy additional benefits in terms of security. Players can use ONE account with ONE password (or two factor) and not have direct links between the casino and their bank accounts.

One of the Best Online Casino Payment Methods is Paypal

When you find an online casino accepting PayPal, then you know you’re betting with a solid brand. PayPal will only work with online casinos that are licensed within their territories, so you can rest assured that a PayPal casino is fully regulated and following legislation. This is also the best reason to choose a PayPal Casino – Online casino payment methods can’t be any more secure.

Top 3 PayPal Casinos and Bonuses

Casino Bonus Wager Reqs Rating Visit Site
LeoVegas Review 100% up to £400 + 100 Free Spins 35x bonus offer Play
18+ New UK players • Select Casino offer on sign-up and deposit • 4 Deposits of £10, £20, £50, £100 matched with a bonus offer of same value (14-day expiry) • 35x real money cash wagering (within 30 days) on eligible games before bonus cash is credited • Spins credited upon deposits; under £50 =10 Spins, £50 or over =25 Spins; on Book of Dead only (3-day expiry, winnings paid in cash) • Play responsibly • 18+ BeGambleAware.org • Full T&C’s apply
888 Casino Review £88 No Deposit Bonus
or 100% up to £100
30x bonus Play
18+ New players only • £88 is granted in FreePlay (FP) • FP must be claimed within 48 hrs of receiving the email and expires after 14 days • FP wins are credited as bonus and capped at £15, exc. JP win • Bonus wins are capped at £500 • Wager 30x bonus within 14 days • Wagering req’s vary by game • Full T&Cs apply
Betfair Casino 30 Free Spins Plus
100 Free Spins OR 100% up to £100 Live Casino OR up to £100 Bonus
Varies (See T&Cs) Play
18+ New UK & IRL players only • Min deposit £10 • Deposits made with e-wallets are not valid for this promo • Bonus wagering x35/x45 on eligible games • Full T&Cs apply

Neteller and Skrill Casino Payment Methods

Skrill and Neteller are incredibly well known online casino payment methods these days. They both belong to the same parent company. Both are very easy to use but have some limitations.

Much like PayPal, they offer instant deposits and speedy withdrawals to and from an online casino, whilst small fees may apply to the latter. Again like PayPal, they’re secure and trusted solutions and there’s no linking of your bank account directly to a casino site.

On the downside, there is one massive thing to consider with Neteller and Skrill. If you’re a new player at a particular casino, you may not be able to qualify for the casino welcome bonuses on offer. If you want the bonus – be sure to read the T&Cs and make sure these payment solutions are accepted.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education How To Trade!
    Free Demo Account!
    Big Sign-up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!

Top 3 Neteller and Skrill Casinos and Bonuses

Casino Bonus Wager Reqs Rating Visit Site
LeoVegas Review 100% up to £400 + 100 Free Spins 35x bonus offer Play
18+ New UK players • Select Casino offer on sign-up and deposit • 4 Deposits of £10, £20, £50, £100 matched with a bonus offer of same value (14-day expiry) • 35x real money cash wagering (within 30 days) on eligible games before bonus cash is credited • Spins credited upon deposits; under £50 =10 Spins, £50 or over =25 Spins; on Book of Dead only (3-day expiry, winnings paid in cash) • Play responsibly • 18+ BeGambleAware.org • Full T&C’s apply
Bet365 Casino Review Casino at bet365 – Up to £100 New Player Bonus! 15x deposit + bonus Play
Casino at bet365 – Up to £100 New Player Bonus! New Casino customers only • 18+ | Please Gamble Responsibly | begambleaware.org • Deposit min £10 • Applies to first deposit to Casino only • Max bonus £100 • 15x wagering (game weighting applies) on deposit and bonus to make the bonus balance withdrawable • Time limits and T&Cs apply
Casumo Casino Review
18+ – Game weighting and T&Cs apply

Credit Cards & Debit Cards – Still one of the Best Casino Payment Methods

Debit and Credit cards are popular within the UK as they’re completely familiar to us as consumers. We pay for things every day, both on and offline with our cards in one way or another. We trust them as they’re linked to our banks.

When it comes to depositing at online casinos, they provide a high degree of security. When it comes to the payment, it is instantly processed and ready to play with. Literally, every online casino accepts credit and debit cards as a form of payment. More importantly, depositing this way won’t see you miss out on any online casino bonuses! It couldn’t be easier to set your account up in this way.

The easiest card to use is a VISA card, as payouts are very easy. Significantly more difficult are MasterCard or American Express cards. You’ll sometimes find that withdrawing to Mastercard credit cards isn’t always possible. Whilst with American Express, it’s not always accepted as a viable method.

Top 3 Credit and Debit Card Online Casino Bonuses

Casino Bonus Wager Reqs Rating Visit Site
William Hill Casino Review 100% Buy-in Bonus
+ 50 Free Spins
40x Bonus & 35x Free Spin Winnings Play
Opt in required • New customers to Casino page only • 1x per customer • Min. Buy in £10 • Bonus value 100% of Buy in • Max. Bonus £300 • 40x Wagering, Max Redeemable £4,000 • 50 Free Spins with x35 wagering will be awarded after the Buy in Bonus is completed • Max Redeemable £1,000 • Bonus expires after 7 days • Stake contributions, player, country, currency, game restrictions and terms apply.
888 Casino Review £88 No Deposit Bonus
or 100% up to £100
30x bonus Play
18+ New players only • £88 is granted in FreePlay (FP) • FP must be claimed within 48 hrs of receiving the email and expires after 14 days • FP wins are credited as bonus and capped at £15, exc. JP win • Bonus wins are capped at £500 • Wager 30x bonus within 14 days • Wagering req’s vary by game • Full T&Cs apply
Unibet Casino Review 200% deposit bonus up to £200
+ up to 200 free spins
35x bonus Play
18+ New customer only • www.begambleaware.org • Min dep £10 • Max Bonus £200 • 35x wager req’s • 30 day validity • T&C’s Apply

PrePaid Cards Accepted by Online Casinos – Paysafecard the Best

Paysafecard is one of the most popular prepaid banking solutions in the industry. It is widely available worldwide, and is a simple and fast payment solution that is accepted at a large number of online casinos in the UK.

The concept behind Paysafecard is that you go and buy a Paysafecard voucher from a retail store, and then use the 16 digit pin code when depositing. They have modernised this a little too with the addition of a mobile app which can store your codes.

From a responsible gambling perspective, it’s one of the better online casino payment methods as the extra step of going out to buy the voucher slows the overall process down. It’s also great for more casual players as the max deposit via this method is generally £200 which is low when compared to other methods.

Top 3 Paysafecard Casino Bonus Offers

Casino Bonus Wager Reqs Rating Visit Site
LeoVegas Review 100% up to £400 + 100 Free Spins 35x bonus offer Play
18+ New UK players • Select Casino offer on sign-up and deposit • 4 Deposits of £10, £20, £50, £100 matched with a bonus offer of same value (14-day expiry) • 35x real money cash wagering (within 30 days) on eligible games before bonus cash is credited • Spins credited upon deposits; under £50 =10 Spins, £50 or over =25 Spins; on Book of Dead only (3-day expiry, winnings paid in cash) • Play responsibly • 18+ BeGambleAware.org • Full T&C’s apply
Casumo Casino Review
18+ – Game weighting and T&Cs apply
Unibet Casino Review 200% deposit bonus up to £200
+ up to 200 free spins
35x bonus Play
18+ New customer only • www.begambleaware.org • Min dep £10 • Max Bonus £200 • 35x wager req’s • 30 day validity • T&C’s Apply

Bank Transfer at UK Online Casinos

Bank transfers are still a possibility within the UK. Of course, the majority of all online casinos will accept a bank transfer, but it can be incredibly slow to process.

It’s certainly not one of our preferred or recommended online casino payment methods. However, if you are looking at depositing a large sum in order to play with over time, this could prove a useful option, so don’t rule it out totally.

Nevertheless, there are alternatives. A good example is the loading of your PayPal account by direct debit. Then you can simply pay with PayPal at the casino deposit.

Can I Use Bitcoin as an Online Casino Payment Method?

Bitcoin, it would seem is here to stay. This cryptocurrency has grown in popularity and you’ll find some online casinos that have been built purely with Bitcoin in mind.

This payment is fine and we suspect it’ll become more popular amongst operators in years to come, but currently, there is not a wide casino selection that accepts Bitcoin within the UK. As always with the UKGC in mind, regulation is key.

On the upside, Bitcoin is extremely secure and at least you know it’s going to be set up for your needs.

Depositing via your Mobile Phone Bill

Pretty much all online casinos will allow you to deposit and withdraw via their mobile casinos using the same methods as you would via a desktop device. However, did you know that you can also deposit via your phone bill, using your mobile phone?

Look for mobile casinos with the logos of Boku plus a mobile service provider. Boku allows you to charge your deposits to your standard phone bill. However, it’s not a hugely popular option in the UK and only a handful of operators actually accept it.

How do I Choose a Depositing Method for Online Casinos?

We suspect that many online casino punters probably register and then choose the ‘easiest’ payment method option. However, with some considered thought, and exploring the pros and cons of each method, you may just find one that is even more perfect for you.

We suggest you consider the following elements when choosing the best online casino payment methods.

  1. Availability within online casinos
  2. Deposit Limits
  3. Promotional Limitations
  4. Speed of Service
  5. Transactional Fees
  6. Can you Withdraw?

Availability at Online Casinos

If you have a payment method in mind, that’s great, but make sure that a good range of online casinos accepts this payment. If you prefer PayPal for example, make sure that you choose an online casino that accepts it, as not all do.

Deposit Limits

Whether you’re a casual player or a high-roller VIP, be aware of any deposit or withdrawal limits. Some online casino sites will set these at £10 minimum for deposit whereas others may be £5, so be sure to check which works best for your budget.

Promotional Limitations

In a world where all online casinos offer great casino deals and welcome bonuses, you need to be aware that some payment methods will see you disqualified from promotions. This is largely so the online casino can avoid any issues with bonus fraud. There’s nothing worse than depositing and then realising you can’t get your bonus.

Speed of Payment Method

If you want to play at an online casino then you want your cash going in instantly ideally. Whilst most e-wallets and cards will see this happen, bank cheques and transfers may not be as speedy. Be wary when choosing your payment method.

Transactional Fees

There’s no point choosing a payment method for its speed and it’s security if they’re then going to charge you loads to use it. This will eat into your casino balance or winnings after a while. Make sure you’re aware of any withdrawal fees and find a balance between speed, security, and cost.

Can you Withdraw?

It might sound crazy but some methods aren’t set-up to be a withdrawal method as well as a deposit method. If you want to be able to withdraw to the same payment solution that you deposited from, make sure you choose one that allows this.

How To Deposit Money To IQ Option? Best Methods & Tips To Fund Your Account

IQ Option No. 1 Software

Many traders are attracted to binary options trading because of its promising money-making potential. Its simplicity also led to a strong appeal among newcomers to the financial markets. One of its most popular trading platforms is IQ Option. If you’re a trader who’s planning to use this online broker, you may be interested to know how to deposit money to IQ Option and commence with your trading endeavors.

The thing that sets IQ Option apart from other binary options brokers is that it offers various options for different payment types for their users. In this article, we’ll enumerate and discuss these options, the best methods and tips, to help you see which one works best for you.

What are the methods to Deposit Money in IQ Option?

Binary Options

Binary options work on a simple yes or no proposition with capped profit and risk potentials. Trades are placed based on what the trader believes – whether an underlying asset will have a higher price at a certain time or not. If yes, the trader purchases the binary option. If not, the trader sells it. Like other financial markets, it includes a bidding and asking price that fluctuates until the expiry of the option. Trading can happen on any of the popular binary options brokers around.

It’s worth noting that binary options traded in and outside the U.S. have different structures according to Investopedia. Moreover, traders must fully understand the two probable outcomes of exotic options and how binary options work. Knowing the markets and timeframes for trading and its advantages and disadvantages are crucial before engaging in this type of trading to prevent huge financial losses. Statistics show that a single trader makes an average deposit of $1,400.

IQ Option: What Is It?

Before we discuss how to deposit money to IQ Option, let’s take a close look at this broker first. Here we explain how the app works and how it can help you better understand and profit from binary options. IQ Option is a licensed and regulated online broker with its own custom-built trading platform for binary options. Maintaining user confidence and their company’s reputation is important for users to see they’re a reliable firm. Hence, they show transparency through their operations such as:

  1. Demo Account. New investors get a fully free demo trading account which they can quickly start using to trade. It’s not time restricted and works in parallel to the real money account. This is the firm’s way of allowing traders to hone their skills and familiarize the practice while being confident of their platform to maintain trader retention.
  2. Regulations. The firm has stopped offering deposit match bonuses as the regulator deemed it as high risk. Since they’re regulated, they adhere to CySec rules.
  3. Hedging. This simple yet advanced investing strategy is popular in financial markets. To manage risks, IQ Option actively shows when and how they hedge their positions to reassure skeptical traders. This is important for traders who are afraid of other “over the counter” (OTC) brokers that want their traders to lose.
  4. Support. Contacting IQ Option is available through a wide array of options and languages. They have live chat for an immediate resolution to questions and complaints. They also offer 24/7 telephone support for 18 countries.

IQ Option: How to Deposit Money

Utilizing a quick and secure method on how to deposit money to IQ Option is essential so you can immediately and securely top up your funds in your trading account when an opportunity arises. With the platform’s low minimum deposit at $10 and opening transactions at $1, trading is made accessible for everyone. Here are the best methods and tips on depositing:

1. Credit Card/Debit Card

Using a credit card and debit card is one of the quickest and most convenient ways of depositing money in your account. Since many people already have these bank cards, there is no need for you to create an extra account anymore. Funds are also immediately added to your account balance. This is crucial when you no longer have money on your account after you’ve invested or withdrawn them and you recognize a trading opportunity.

Using credit cards and debit cards doesn’t incur hidden fees or charges. (Note: It’s still important to check your own bank’s regulations, especially for credit cards, as they may vary per bank and country.) This lets you deposit money multiple times without being charged a fee for each single deposit transaction.

This method is available for:

How to add funds to your account using a bank card:

  1. Open your menu on the upper left side of the dashboard. Choose “Deposit”; it’s the first option you’ll see. Or,
  2. Click deposit on the upper right side of the dashboard located just beside the figures of your account balance.
  3. Pick your payment method.
  4. Enter the amount you want to deposit.
  5. Add in your card details: cardholder name, card number, expiry date, and CVV or CVC code.
  6. After clicking “Pay,” you’ll instantly see the funds added to your account.

2. Wire Transfer

Wire transfer refers to the electronic transfer of money that goes from one bank to another, and then the recipient’s account. As a bank-to-bank transaction, it’s a secure method since federal regulations require identity verification (among other information) and a physical address for everyone who opens an account. While it’s a reliable option, the days it can take to move money may be challenging for binary options trading, especially when you need the funds immediately.

This is recommended for depositing a larger amount of money because of its security. It also prevents you from overspending and gaining debts because you’ll only use the amount you can offer, as compared to using credit cards.

3. eWallet

An eWallet, also called a digital wallet, is used by people to pay for goods and services purchased online. It has a growing popularity because of it’s secure, convenient, and hassle-free transaction. Its utility is the same as that of a debit card and credit card. Meanwhile, the difference is that it’s an electronic card and pre-paid account where the user stores his/her money for future purchases. Using it to deposit money into your IQ Option account is fast and easy. Additionally, there are no extra fees.

Here are the eWallets catered by IQ Option:

  1. WebMoney. This internet currency and universal payment system enable paying, withdrawing, and topping up funds. It allows users to have multiple accounts (called “purses”) with different types of currencies that allow easy deposits and withdrawals to your account.
  2. Skrill. This is one of the leading providers of global payment solutions that’s available in 40 currencies. It has quick payment methods with stored cards on your account balance. It also lets you withdraw funds using ATM withdrawals or by moving the money into your bank account.
  3. Neteller. This is an online financial service that streamlines online payments and money transfers. Aside from making secure payments, it also allows funds withdrawal from your bank account or by accessing ATMs around the world.

4. Bitcoins

The latest addition to IQ Option’s deposit methods is Bitcoins. Bitcoin is a form of digital “currency” and an example of cryptocurrency (produced by businesses and people around the world from advanced computer software). You can take a look into our article, What is Bitcoin , to learn more about this more advanced type of currency.

How to top up your trading balance using Bitcoins:

  1. Open the Deposit tab and choose your deposit amount.
  2. Unfold the payment methods on the list (found on the right) and pick “Bitcoin.”
  3. After clicking “Proceed to Payment,” you’ll be forwarded to the Cubits—the processing provider—payment page.
  4. Check the invoice amount and its BTC equivalent. (Confirmation of the transaction only lasts for 15 minutes. If you don’t confirm it, the invoice will simply expire.)
  5. IQ Option will add the funds to your balance after Cubit verifies your payment, which is done immediately after your confirmation.

Choose the Safest and Most Convenient Deposit Method

These four methods of depositing money in IQ Option should suffice to most users. Obviously, each has its pros and cons and thus, you must choose the method most convenient for you. While you probably own a credit card, you might still want to use wire transfer because it helps you avoid overspending. Alternatively, eWallet is fast and hassle-free as well. So, the choice is ultimately up to you.

However, no matter the method you choose, you must always ensure safety. For instance, wire transfer takes quite some time but is deemed very safe which makes it ideal for transferring a large sum of money.

Of course, depositing money is only one side of the card. You will also have to withdraw it, and you’d want to do it safely. Not being able to get your money because of technicalities is one of the worst scenarios. That’s why to help you with that, check our article covering how to withdraw money from IQ Option .

What is minimum deposit of binary options?

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The short answer would be, well you can start with a minimum of 20$ with some so called “broker”.

But the shortest answer would be: Avoid Binary Option, take your 20$ and offer a gift to somebody you love! would be a much much better investment.

By the way, new European regulation totally banished Binary Options for those who are in EU and brokers in the world have to follow this new rule. A clear signal of the risks linked to BO.

I wrote a Full Article on this subject on Quora if you want to learn more and have a better understanding of new regulation (Yes it seems not the most funny, b.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education How To Trade!
    Free Demo Account!
    Big Sign-up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!

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