Read KeyOption Review & learn why to go for this binary broker

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!

Binary Option Broker Reviews

Hello and welcome here on my blog about binary options trading! Keep on reading for my binary options broker reviews and detailed information about binary trading strategies, basics & tools!

My Name is Ben and I´m trading since the end of 2009 binary options and forex! After many setbacks, I finally found a few good pieces of information helping me to succeed with binary options trading!

Here on this site, I will share my binary options reviews and experiences, as well as my trading strategies, templates, and many tips and tricks about binary trading!

If you need any assistance, ensure to contact me through Facebook or write a comment here on this site, I will do my best to answer your questions ASAP.

Learn To Trade Binary Options

Before you start trading binary options, ensure to browse this site and other sites like my Youtube Channel in order to get the needed knowledge first! Ensure to follow the steps below to start binary options trading the right way :

  1. Get the Knowledge — Ensure to first learn about binary options, chart analysis, trading strategies and so on before you start trading! You can find good information here on this site, inside my Youtube Channel, or on my Facebook Page by clicking here for example!
  2. Get a Demo account — Never start trading binary options or anything else with real money! Ensure to get a demo account (You can trade inside a Demo account at Pocket Option!)
  3. Start With Small Position Sizes — After trading some time inside a demo account (I´m talking about a few weeks, at least 1-2), you can start with small positions inside a real account! Always start with the lowest trade amount possible. Trading with real money is always different from trading with fake money!
  4. After you see that it is working for you with real money, you can start to slowly increase your position size till you reach your money management amount (Trade never more than 5% of your overall capital in a single position)!
  5. Check out my Binary Options Signals Section to learn more about trading tools for binary options!
  6. Join my Facebook Page as well as my Group on Telegram for more information!

Binary Options Broker Reviews

Here are the top binary options broker you can choose from, depending on your country of residence and the features you are looking for! Watch this video (Switch on subtitles) learn more about my favorite broker for binary options!

Attention: All broker here were tested by me in the past, read my full review to find out more about the details!

Binary Options Broker #1 — Pocket Option

(US Traders are Accepted) — This is another interesting broker I´m using daily. Pocket Option is easy to use and many cool features like tournaments, pending positions, Forex trading and much more. Pocket Option is the only binary options broker I know providing more than 40 cryptocurrency assets to trade, as well as many currency pairs, stocks and much more.

Pocket Option also runs interesting Bonus and Reward offers you may want to take a look at! Pocket Option (read my Review) offers by far the highest returns in the industry (Up to 98% for an In the Money position)! Pocket Option is great if you want to trade with low amounts and short-term binary options! Pocket Option is regulated by the FMRRC !

Attention: Use this link and start trading with pocket Option to get a 50% cashback paid from my Commission (50% of my commission will be paid to your account) … Click here now and sign up! (Make sure to delete your browser cookies first)!

(Trading Involves Risk!)

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!

Binary Options Broker #2 — Finmax

(Does Not Accept Trader from US Countries) — Finmax is my first choice when it comes to binary options and CFD trading (As I´m a European trader). The user interface is working well and fast. Finmax offers some nice charts including some useful tools to analyze the market and make good trade decisions.

Many other binary options broker reviews about Finmax are also showing the popularity and overall quality!

Finmax is Regulated by the FMRRC! You can watch the Video below for a Finmax Review from me :

Best Binary Option Robot Review 2020

OptionRobot is one of the popular binary options trading software available today. But given that many auto trading software available often turn out to be scams, does OptionRobot stand out as legit software? Read on for a best binary option robot review 2020 plus tips and FAQs regarding the software.

OptionRobot preview

This binary options trading automation software is the first of its kind to work on leading online brokers like Binary Online, Option500, Plus Option, Greenfields capital, 72Option and Stockpair.

The software design implements up to 6 different technical indicators that include trend, Stoch diagrams and CCI indicators. Many scam trading software will often mask their inefficiency by claiming use of a complex algorithm. Users of such software often discover too late that they invested in fake software which doesn’t deliver returns as promised.

Getting started with OptionRobot

Option Robot usage isn’t limited to citizens from a specific country or specific brokers. This makes it easy for you to use the software to make trades from anywhere on the globe. One of the things that stand out on the signup page copy is the lack of overhyped marketing material. Unlike many binary options trading automation platforms, you won’t get guarantees about earning over $1,000,000 by just running the software. Instead, the copy provides enough information regarding what it is and how to get started.

OptionRobot is easy to use. Despite being a binary options trading automation software, control largely remains in the traders hands. This makes it easy for you to place trades based on your chosen trading strategy. You can also easily turn the auto trade option off. In addition, you can customize the software to place and exit trades at predetermined time intervals.

If you’re not ready to invest in binary options trading software, you’ll be glad to know that Option Robot is free to use. Unlike competing software which requires you pay upfront before using them, Option Robot can be used by anyone with or without money in their trading accounts.

General Risk Warning! your capital may be at risk

Best Binary Option Robot Review 2020

The OptionRobot binary options trading robot has set itself apart as one of the few legit trading automation platforms available today. In an industry where software creators try to trick traders into buying poor quality scam products, Option Robot focuses on transparency and credibility. Here’s the complete review of this software.

Unmatched user control

One of the major shortcomings you’ll find in common trading bots is the limits they place on user control. This means that traders often find themselves trusting bots with complex algorithms to manage their entire trading accounts.

Option Robot doesn’t limit the amount of control you have over your finances. In fact, you can easily adjust the software settings to match your preferred trading style. Features you have control over include trade expiry, trade amount and ability to allow the software enter and exit trades automatically.

Free to use software

Using OptionRobot will not cost you anything. To get started, simply create a new account. Once complete, you’ll find a “TRY DEMO ACCOUNT” button within your user interface. Clicking on this button directs you to the free account that’s initially credited with $1000 virtual cash.

Implements familiar technical indicators

Which are your favorite technical indicators? Having easy to read indicators is one of the factors which can affect the profitability of a trade. Option Robot implements 6 different technical indicators that include CCI, MACD and the RSI indicator. The platform is designed such that if you set more than one indicator during a trade, the bot will only generate a signal when all indicators are identical.

What’s more, this platform also offers three popular money management systems including the Fibonacci, the Classic and the Martingale system. Each trading system makes it easy for you to easily adopt your trading style to the software. For example, if you love to minimize the risk involved in every trade, using the classic system is recommended. If accuracy is you primary concern, the Fibonacci system will be your best bet.

Link with 9 different binary options brokers

Broker compatibility is one of the major challenges traders have to overcome when dealing with binary options trading automation software. Option Robot software can be linked with 9 different binary options brokers. These include Opteck, binary Tilt, Stockpair, ZeusOption, BD Swiss, Dinero Libre, BinaryMate, Binary Online and 10Markets..

Being able to link the software to different brokers has several advantages.

– You can use the software to automate your trades from anywhere in the world. That is, if a specific broker doesn’t accept traders from your country, you can easily switch to a different broker that accepts traders from your country as well as supports the OptionRobot software.

– You have more control over trades including the trade size amount and trade expiry periods.

– Switching from one broker to another one doesn’t require you close your Option Robot account.

Excellent trader support

OptionRobot staff has gone to great lengths to ensure that any trader using their software is fully satisfied. Their free account is a true testament to this. However, there are additional customer support features that stand out.

Simply visiting the OptionRobot website triggers a live chat app where you can easily ask questions. The chat feature is available 24 hours and messages are replied to almost immediately. You can also access their customer support team via email.

The platform also offers a detailed FAQ section as well as a blog which can be used as a trader’s resource.

Only trade currency pairs

Option Robot seems to be totally focused on forex currency pairs traders. This means that you cannot use the software to trade other asset types like commodities and indices. In addition, the software can only be used to trade 8 different currency pairs.

Enter simultaneous trades

To maximize profit potential, you’ll want to have several trades running concurrently. Option Robot makes it easy for you to enter into 1 to 8 different trades at the same time. You can also set the trade amount through the software’s settings section. The minimum trade amount is $5 while the maximum is $1250.

Option Robot advantages

– Option Robot software is free to use. The only requirement is that you have an active and funded trader account with one of the brokers that support the software.

– Ability to link to 9 different reputable online brokers makes it easy to switch between brokers

– Up to 6 different technical indicators and 3 different trading methods make it easy to use your preferred trading strategy

– Easy to customize the software to match your trading strategy through the settings section

– Excellent customer support with live chat and email accessibility

– Browser based software doesn’t require downloading anything and is accessible through different internet enabled devices

Disadvantages of Option Robot

– Some claims of demo account being designed to provide unrealistic returns and entice traders to sign up for real account

– Software only allows for trading in 8 forex currency pairs shutting out traders interested in trading other assets

Overall, Option Robot is one of the top binary options trading automation tools on the market today. As a trader who wants to use this software, you’re probably wondering how you can best leverage the software to maximize profit potential. Here are 8 tips to help you out. General Risk Warning! your capital may be at risk

OptionRobot usage tips

Trading automation software should not be used to completely replace your trading strategy. Many traders make this mistake and end up losing their entire account balances. Binary options bots are never 100% accurate. This fact alone means that as a trader, your input before executing any trade will be necessary. If you’ve signed up with Option Robot, your chance for profiting is significantly higher compared to using other competing software. Why?

OptionRobot gives you a lot of control over its settings and therefore won’t have to rely on pre-set algorithms which can easily lead to trade losses. But how can you actually leverage the Option Robot software to increase chances of winning majority of your trades? Here are 8 tips.

1. Do not over rely on the auto trade feature

The auto trade feature might come in handy when you’ve learned how to use the software and have come up with a solid trading strategy. Even then, the auto trade feature needs to be used sparingly during the first months of trading. Initially, your focus should be placed on learning how to use the different software settings and see how they affect your trades.

2. Always conduct fundamental analysis before trade entry

The technical analysis tools offered by OptionRobot are meant to give you a glimpse about the movement of a particular asset. These are supporting tools and they should be used alongside fundamental analysis to get a clear picture about possible asset price movements. Fundamental analysis involves identifying news or events that might affect change in an assets price movement. Such information can be sourced from news, market reports and press releases. Unfortunately, trading software isn’t designed to perform fundamental analysis and it’s therefore up to you to do it manually.

3. Avoid investing in neutral markets

Neutral markets are characterized by little or no price movements. This means that entering a trade will most likely result in zero or no profits. To make the most profit, set your software to enter and exit trades when the signals indicate a bearish or bullish trend.

4. Always try to invest in low volatility fx currency pairs

Option Robot has done a great job by allowing traders to invest in only 8 of the leading currency pairs. However, you’ll also need to play your role in distinguishing between the most volatile and least volatile pairs. Remember that price volatility can change in an instant for example, in the event of a natural disaster. It’s therefore essential that you keep track of a specific currency pair’s history and if it has seen low volatility for a good amount of time, you can go ahead and trade in it.

The reason why trading in low volatility currency pairs is recommended is market changes usually won’t result in huge price movements. As such, you can easily protect yourself from incurring huge losses due to a small market change.

5. Using Option Robot doesn’t mean you throw your account management strategy out the window

Use the OptionRobot free account to test different account management strategies. For example, consider investing a maximum of 5% your account balance on a single trade while you get accustomed to using the software. This means investing a small amount per trade if you open multiple positions at a time.

6. Avoid the lure of opening multiple trades simultaneously

Option Robot allows traders to place up to 8 different trades simultaneously. This could lead to overtrading. That is, you might be tempted to open a high number of trades in anticipation of huge profits. Huge profit potential is always accompanied by huge loss potential. It’s therefore recommended that you have 2 to 4 open trades at any given time. These are easier to keep track of.

7. Always test before executing any new trade strategy

With binary options trading and especially software, nothing is cast in stone. You might easily come across new hot trends and tips regarding a specific currency pair or even a profitable strategy you can implement using OptionRobot. Never execute any hot tip without testing it first. Option Robot is free and testing out new strategies and tips is one way to make the best use of the software.

8. Be wary of using the Martingale trading system

The Martingale trading system is designed to allow faster profits generation from successful trades. However, the risks involved are unusually higher compared to using the Classic system or the Fibonacci system. Analysis of the Martingale system shows that it goes against prudent trading account management strategies and should therefore be avoided if you’re to grow your trading account steadily.

Practical example showing how to enter a profitable trade using OptionRobot software

Before entering a single trade, always make custom settings on the OptionRobot settings panel. Using the aforementioned tips, here is a practical example you can copy.

How long a trade will run really depends on your trading strategy. However, I’ll usually hold a position for 60 seconds to 10 minutes. My preferred trading method is Fibonacci due to the accuracy it offers.

I’ll usually have more than one indicator chart running simultaneously. This will further ensure that the software only enters a trade when it receives an identical signal from all open technical indicators. My favorites are the RSI, MACD and Stochastic indicators.

I will usually use a maximum of 5% of the total account value on a single trade. In addition, I never have more than 2 open trades running simultaneously. With regard to the currency pairs I select to trade at a particular time, my choice is largely determined by the currently open market. For example, if the London session is open, I ‘ll usually choose to trade European currencies as opposed to the USD or CAD.

This example seems pretty straight forward. However, sticking to a specific strategy and only changing it after testing out a new strategy isn’t quite easy. There’s always the emotional element of the trade to contend with. For example, what do you do if you enter into three consecutive losing trades? A good strategy would be to stop trading for the day, go back to the drawing board and analyze the trade histories. Then come up with a trading strategy for the next day. However, this is easier said than done. Most people will try to reverse their losing streak by placing new trades which could lead to more losses.

General Risk Warning! your capital may be at risk

Option Robot FAQ

Q: What is OptionRobot?

A: OptionRobot is a browser based binary options automation software. Opening an account with Option Robot is free. The software works by entering and exiting trades on your behalf on a number of selected online brokers.

Compared to competing binary options trading bots, traders will find it easier to customize the software to match their trading styles. It offers 6 different technical indicators and 3 different trading systems to choose from. In addition, the software can be linked to 9 leading binary options broker platforms.

Q: Is Option Robot a scam?

A: OptionRobot offers several features which indicate that it’s legit software that traders can use to make profit. Opening an account doesn’t require that you invest some money. In addition, it includes a demo account which allows you to test the platform without investing your own cash.

This software doesn’t place limits on users’ ability to customize it to match their trading preferences. Like with other trade automation software, using OptionRobot doesn’t guarantee that you’ll profit from all of your trades. However, it includes unique features which if leverages properly, can see you profit from a huge percentage of trades entered.

Q: What devices can I use to access the software?

A: Option Robot is browser based. This means that you can access it via any internet enabled device including your smartphone. Also, you don’t have to download any app to access the platform.

Q: Do I have to pay to access Option Robot?

A: No. opening a new account is absolutely free. The free demo account comes credited with $1000 virtual cash. Switching between the demo mode and real money mode is as simple as clicking on the “TRY DEMO MODE” button or “REAL MONEY MODE” button.

Q: Can I trust the online binary options brokers that support OptionRobot?

A: Option Robot can be linked to broker account held by 9 different brokers. Many of these brokers are licensed and regulated by leading financial authorities. In addition, some of these brokers have built a good reputation for providing quality options trading platforms.

It’s worth noting that some brokers might not offer their services to traders from certain regions. It’s always advisable to check with each one of the 9 brokers that support OptionRobot to ensure that the one you invest your money with is actually permitted to operate within your region.

Q: Per day, how many investment signals can this software generate?

A: Theoretically, Option Robot software can generate well over40 different trading signals. However, it’s usually recommended that you don’t open more than 10 trades per day. This way, you will minimize the number of trading signals generated. Fewer trading signals mean it will become easier to track and analyze asset movements. It also makes it easier to follow through on your trading strategy.

Q: Why are the percentage return and payout different in the demo account and real money account?

A: All the signals available on the demo account are identical to those on the real money account. The differences between percentage payout and return are usually due to the effective return and payouts offered by individual brokers.

Q: How can I customize trade settings on the OptionRobot software?

A: Once you’re logged in to your account, click on the “settings” button. On the new window, you can make custom settings by making changes on:

– Number of simultaneous trades (1 to 8)

– Trade method (Fibonacci, Classic or Martingale)

– Currency pairs (8 different currency pairs)

– Trade expiry (60, 90 seconds,2minute 5 minutes)

– Trade amount ($5 to $1250)

– Technical indicators to use (MACD, RSI, SOCH, Trend, CCI and William)

Q: Can I link my existing broker account with my new Option Robot account?

A: Unfortunately, OptionRobot accounts can only be linked with broker accounts opened through the OptionRobot official website.

Why you should consider using OptionRobot for binary options trading

Many binary options traders agree that learning to trade currency pairs lays the foundation for learning how to trade more complex assets. If you want to accelerate the learning process, it might be necessary to use supporting tools such as trade automation bots.

OptionRobot sets itself apart from competing software by offering a free demo account. This makes it an attractive option for beginner traders who don’t want to invest a lot of money on expensive software. Experienced traders will also find the software a great tool to try out different trading strategies for free before investing their cash.

Option Robot also offers useful tools and features that you won’t find in ordinary commercial binary options trading software. These features include 6 different technical indicators and 3 different integrated trading methods. In addition, the platform links to some of the leading online brokers.

Getting started is fairly easy. Once you’ve created you account, you can easily start testing the demo account which has $1000 virtual cash. Customizing the bot to match your trading style is also quite easy via the “settings” button found on your account interface.

Overall, if you’re looking for a legit and unique binary options trading software, OptionRobot is worth considering. You’re not required to spend a dime to purchase the software. The only money you’ll need to invest is topping up your trader account balance with one of the 9 brokers supporting the software. General Risk Warning! your capital may be at risk

How To Withdraw Money From IQ Option? Best Methods And Tips You Should Know

IQ Option: Top Binary Opitons Broker

It’s one of the nightmares of traders: being unable to withdraw money. You may have come across refused or stalled withdrawals. There could be two reasons for this: the broker you’ve been dealing with may not be a legitimate entity or, if it is a genuine broker, it’s been enforcing strict withdrawal procedures to make sure money is transferred to the right person. The former is unfortunate, and the latter is understandable and works to your advantage because of all the instances of fraud involving both brokers and traders.

If you’ve struggled before with withdrawing your earnings from a broker, you’ll find IQ Option a great improvement. This platform has fast and hassle-free withdrawals. In this guide, we’ll walk you through the withdrawal process, options, and limitations using this broker. We’ll also throw in some pointers on how to invest your earnings properly.

The great thing with IQ Option is that it offers a free demo trading account that you can test drive if it’s your first time to come across the company. You get virtual funds that you can use for simulated trading or, if you want, for real trading. You can try the product first-hand to learn more about its trading tools and features at no cost thanks to the IQ Options free trial.

Things you should know before withdrawing money from IQ Option

  1. Should You Withdraw Money Right Away?
  2. IQ Option Withdrawals: Quick Summary
  3. Withdrawal Options
  4. Recommended E-Wallet Providers
  5. Withdrawal Limitations
  6. Withdrawal Steps
  7. Continuing Your Investments and Winning Strategy

There are many advantages to using IQ Option. You’ll be dealing with a known legal entity that is licensed and regulated by the Cyprus Securities and Exchange Commission. It has one of the easiest trading apps around. From it, you can expect world-class customer support and safe and fast money withdrawals using several methods, as you’ll learn in this article.

Even if you find in your research that IQ Option is the real deal, it is still important that you read in detail its terms and conditions. While the steps in withdrawing may be the same for most brokerage companies – select amount, choose withdrawal procedure, confirm your decision, and wait – there may also be crucial differences.

These include the allowable amount that can be withdrawn and the length of time before money is transferred to your bank. Of course, the broker may require other things from you, such as proof of identification or other supporting documents. With IQ Option, you’ll find the process more streamlined than most, which makes it a popular platform for both long-time and new traders.

Should You Withdraw Money Right Away?

Chances are that, like most traders who make their first successful trades, your first impulse is to get a hold of your gains by quickly withdrawing your funds. But more successful binary options traders eschew this approach because of higher long term gains. IQ Option posted these practical tips on its website:

  1. If you only trade to have some fun, go ahead and withdraw your money. In this case, you should ask yourself why you invest real money at all. You could have the same fun completely risk-free with the IQ Option demo.
  2. If you trade seriously, yo u should wait before you withdraw as you probably have a trading plan.

The broker’s advice aside, let’s answer our question: How to withdraw money from IQ Option?

IQ Option Withdrawals: Quick Summary

Withdrawing through IQ Option is just as fast and easy as earning money using the app. It’s one of the simplest in the binary options trading niche, as cited in various binary options brokers reviews . You can use credit cards, e-wallet providers, and wire transfer to withdraw money.

You could enjoy the immense benefits of credit card and e-wallet withdrawals absolutely for free. You only need to factor fees when you choose the wire transfer withdrawal option, the rate depending on your provider.

Where other brokers take two days to process your withdrawal and charge you $30 to $50 for it, IQ Option does the same job quicker–within 24 hours and for free.

Such policies matter. IQ Option stands as the best choice for traders to make the most of their withdrawals.

The IQ Option trading platform.

Withdrawing Money from IQ Option: Best Methods and Tips

IQ Option processes all withdrawals within one business day free of charge, but how soon the money gets in your hands and how much else you pay after IQ Option depends on whether you are withdrawing through credit or debit card, wire transfer, or e-wallet. Check out the different withdrawal methods below.

Withdrawal Options

1. Credit Card/Debit Card Withdrawal

Withdrawing through a credit card or debit card is the preferred choice of withdrawal at IQ Option. Currently, IQ Option accepts withdrawal from following bank cards: Visa, Visa Electron, Maestro, and MasterCard.

In case you are having reservations about conducting funds withdrawal through your bank card, you may rest assured in the fact that IQ Option boasts the first highest Payment Card Industry Data Security Standard, merchant level.

2. Wire Transfer Withdrawal

There are several reasons why you may want to use wire transfer only as a last option to withdraw funds from IQ Option. As with e-wallets and bank cards, IQ Option will process wire transfer withdrawal requests within 24 hours. Once such withdrawal requests leave IQ Options, however, they usually take a longer time to complete processing by the banks in which you hold an account.

Wire transfers generally require payment. The rate depends on the locations involved and the practices of your bank. Most traders can avoid such fees, but if you cannot, it would be wise to consider the cost of payment involved. With credit card withdrawals, you do not have to consider such fees.

While it can be said that withdrawing through wire transfer is best reserved as a last-resort option, there are also special reasons why this payment method is still necessary. One outstanding reason is the existence of the so-called anti-money-laundering law, which is reflected in a provision, which only allows you to withdraw through your credit card as much money as you deposited using it. If instead, you deposited money via wire transfer, that leaves you no option but to stick to wire transfer for all withdrawals, having opted out of credit card transactions.

It might also happen that you have eventually used up all your bank card credit: when you have withdrawn as much money as you have deposited. If this happens, withdrawing through wire transfer might be the only option left for you.

3. E-Wallets

One of the better methods to withdraw your winnings is via an e-wallet. It is usually provided by a third-party provider or payment gateway. E-wallets are not without issues, though. But if you stick to the popular ones, you’re less likely to encounter problems. Below, we list the most common e-wallet channels used for IQ Option.

The IQ Option withdrawal page.

How to withdraw money from IQ Option using e-wallets? Here are the different providers with a few tips, one that will allow you to use this channel to get your earnings.

1. Skrill

Skrill is based in London, United Kingdom. During registration, it asks for your email address to be used as your account login. You have a chance to activate two-factor authentication for additional security. You can link your bank account or credit card, but expect the verification process to take some time.

Make sure that your preferred currency is from one of the 40 countries accepted by Skrill. Skrill does not operate in Latvia, Afghanistan, Cuba, Myanmar, Nigeria, Somalia, and Yemen. It is also unavailable in Iraq, Eritrea, and Libya. Note that Skrill sets a maximum limit to your transactions.

Detailed Skrill Review

2. Neteller

Headquartered at Douglas, Isle of Man, Neteller requires you to verify your account first before you could retrieve your funds. To do this, you have to submit a bank statement issued not later than three months ago.

For account login, you will use your email address, which it asks for during the registration process. It also offers what it calls Net+ Prepaid Card, which you can conveniently use for direct money transfers.

Neteller sets both minimum and maximum transaction amounts, the latter depending on your choice of currency.

It supports 26 national currencies, which you can verify on its website indicated above.

Neteller does not work in Afghanistan, China, Cuba, Eritrea, Iraq, Kyrgyzstan, and Libya. It offers limited services in the following countries and territories: France, Germany, Hong Kong, Italy, Macao, Singapore, Spain, Turkey, UAE, and the United Kingdom. In most Arab countries, banks do not work with Neteller. Clients from these countries may want to use WebMoney or Skrill instead.

3. WebMoney

Headquartered in Moscow, Russia, WebMoney has won several awards in 2020. No bank account or credit card is required to open or operate a WebMoney account, making it accessible to many people. It supports 8 different currencies and assets, which can be verified on its website through the link above.

WebMoney does not provide its services in the following states and territories: American Samoa, Afghanistan, Algeria, Angola, Bosnia and Herzegovina, Ecuador, Guam, Guyana, Indonesia, Iraq, Laos, Libya, Mali, Mauritania, Myanmar, Northern Mariana Islands, Panama, Papua New Guinea, Somalia, Yemen, Uganda.

4. Boleto

Boleto is a payment method in Brazil, where it is officially known as Boleto Bancário. It is regulated by FEBRABAN, short for the Brazilian Federation of Banks. A boleto can be paid at ATMs, branch facilities, and internet banking of any bank, post office, lottery agent, and some supermarkets until its due date. After the due date, it can only be paid at the issuer bank facilities.

Boleto can only be collected by an authorized collector agent in the Brazilian territory.

5. FasaPay

An Indonesian electronic payment system based in Orchard Road, Singapore, FasaPay allows a maximum withdrawal of $75,000.00 and a minimum of just $1 per transaction. You can do multiple transactions each day at fees ranging from free to 5%.

You must be a verified account holder to make transactions at FasaPay. To be a verified account holder, PasaFay requires the submission of bank documents. Aside from the standard account password, FasaPay provides 4 other ways to secure your account.

FasaPay currently supports US dollar and Indonesian rupiah (IDR) currencies.

Withdrawal Limitations

As a security measure, IQ Option requires that you withdraw using the same bank card or e-wallet you have used to make a deposit. If you don’t, the system will cancel the withdrawal request. Thus, if you have initially deposited through Neteller, then you need to make the withdrawal back through Neteller.

For bank cards, you must withdraw within 90 calendar days from the last deposit. Another security measure applies: how much you withdraw must not exceed the amount you deposited. This limitation does not apply to e-wallets.

Finally, if you choose to withdraw through both your bank card and e-wallet, IQ Option prioritizes withdrawals through bank cards than other types of withdrawals.

IQ Option has recently implemented instant bank card withdrawal processing , which eliminates the previous 3 working days waiting period for your withdrawal application to be processed. Nevertheless, bear in mind that once the application is approved, it can take your bank up to 9 working days to credit the funds to your account. It pays to remember this and not get alerted when you see the status indicates it has been completed, yet you still don’t see funds on your card.

  1. Example 1: You initially deposited $500 to your card. Within 90 days, you accumulate $600 on your balance. To withdraw, you need to proceed with two withdrawals: $500 to your bank card and $100 to your e-wallet of choice (Neteller, Skrill, etc.). Or you can use wire transfer, though this will leave you with $50 less as processing fee. Not a good way to withdraw, unless you have large enough funds to offset the cost of processing.
  2. Example 2: You deposited $500 and have the same amount that you now want to withdraw after 100 days—well past the 90-day window that allows you to withdraw through your bank card. Bank card withdrawal option out, but e-wallet or wire transfer options still possible. Most likely, you will choose e-wallet to avoid the $50 processing fee.
  3. Example 3: You have deposited $500 through your bank card and $100 through your e-wallet. You want to leave your bank card funds intact but withdraw from your e-wallet. IQ Option does not allow that: you need to withdraw $500 through the bank card first before you can withdraw from the e-wallet. This is the withdrawal hierarchy at IQ Option, requiring clients to make withdrawals against bank cards first before e-wallets or cash transfer. If you have carefully read through the previous discussions, you should be ready to make your first IQ Option withdrawal.

Steps to Withdraw Money from IQ Option

IQ Option applies an identical algorithm for fund withdrawal regardless of the mode of payment you choose. To proceed with withdrawing funds from IQ options, do the following:

  1. Go to iqoption.com
  2. Sign in
  3. Click on the user pick in the upper right-hand corner of the screen
  4. Select “Withdraw Funds” from the list of available options
  5. Click on the preferred payment system
  6. Follow the specific instructions indicated

Continuing Your Investments and Winning Strategy

Withdrawing your money from IQ Option means one thing – you’ve accumulated enough from your winnings and are out to enjoy the fruits of your wise trading strategy. You’ve seen how easy the process is to get your cash from your partner broker. You’re a serious money trader and want to plow in back your winnings or even just a part of it. You feel you have a full grasp of the numbers trend and how commodities, currencies, and stocks move in the world market. No worries.

Depositing your money to IQ Option is as simple as withdrawing it. You just go to your account, click the deposit button, select your payment method (credit or debit card, wire transfer), enter your credit card information, and then press “pay” to see your money deposited in your account. To get the full details on how it all works, you can head over to our article How To Deposit Money To IQ Option? Best Methods and Tips To Fund Your Account.

IQ Option can be your investment gateway to the world of binary options trading. It is a multi-awarded online trading company that boasts of 25 million registered users worldwide and a monthly trading volume of $380 million. In 2020, it introduced instant withdrawals and one-day processing, and currently peaks at over $10 million in total withdrawals per month. It also has one of the most advanced online as well as mobile trading apps. If you want to, you can start trading at once – just sign up for IQ Option free demo account.

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