Withdrawing funds from a binary options broker is the most sensitive topic for a trader
. After you have dispersed your deposit and decided to start living with the money you earn, you need to withdraw it from your trading account.
You can read how to withdraw your money in the article ” Withdrawal of funds from a binary options broker.”
Honest binary options brokers
withdraw money without slowing down, after you have passed the verification of documents. However, there are brokers who delay payments.
There are brokers who start
delaying payments if the amount is higher than $ 20,000 and
whether the trader is constantly earning.
Brokers who operate without licenses and are not controlled by a government agency. They earn not from the commission from the option premium, but from your lost deposit. These “kitchens” are not interested in the fact that traders would constantly earn. And they do everything to keep the money in the company.
How to withdraw money from a binary options broker without fear?
- Since large amounts are not withdrawn willingly, divide your money into smaller amounts.
For example, if you want to withdraw $5,000, make 5 withdrawals of $1,000 each. Each new withdrawal request is made in a day / two after receiving the first amount.
- Work with a permanent deposit. Determine for yourself a working deposit. At the moment when you earn a certain amount, immediately bet on the withdrawal.
- Don’t make frequent withdrawals.
- Risk diversification also includes opening accounts with several binary brokers. It is better to have several accounts with smaller amounts than everything from one broker.
In our list of binary options brokers you will find only licensed companies. Which will not bring you inconvenience.
To avoid the problem of withdrawing your money from a binary options broker, be sure to do the following:
- Check Binary Broker: Registration, License, etc
- Provide all documents before making a deposit, and ask support if you can withdraw funds immediately.
- Check the terms and conditions of the bonus