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People trade binary options online in order to generate profits. Once they have generated enough profits they will obviously want to withdraw this money. On this page we’ll give you a quick guide about how to withdraw money at binary options brokers.

Some traders might get confused by all the withdrawal requirements and rules that are imposed by binary options brokers. One might even think that brokers intentionally implement various weird rules in order to hinder people from withdrawing money.

However, all the withdrawal terms and conditions implemented by brokers actually make a lot of sense if you stop for a second and think about them. Read the article below in order to learn more about how to withdraw money from binary options brokers.

Currently the broker with the easiest withdrawal requirements and fastest withdrawal times is 24Option. For US traders, the broker that is proven to always process withdrawals is CTOption.

MIN DEPOSIT

PAYOUT

How to Cash Out Money?

The good thing about brokers’ cash out process is the fact that it’s almost unanimous all over the binary options business. This means that if you learn to withdraw money at one broker you will be able to do that at most other brokers too because it’s the same all over the place.

Enter the amount you wish to withdraw

In order to withdraw money in binary options you will have to access the cashier page of your broker. Here, you will have to enter the amount of money that you wish to withdraw. Some brokers might have minimum withdrawal requirements meaning that you can only withdraw money if you have made a certain amount of profits.

A measure like this isn’t really fair because it limits those who aren’t traders who trade in large volumes. This is the reason we decided to list those binary options brokers that don’t have minimum withdrawal requirements. If you register at these brokers then you can withdraw any amount you want without restrictions.

Choose the payment processor

After you have decided how much money you want to withdraw, you need to select a payment processor that will take care of the monetary transfer. In financial trading, you can withdraw money with a variety of tools such as credit cards, Moneybookers and wire transfer.

Moneybookers is one of the safest and most secure payment processors in binary options trading. Check out this list of Moneybookers binary options brokers if you want to register at a broker that offers this payment processor.

Confirm the withdrawal

After all this is done, you just have to confirm your transfer. After this, a support staff member of your broker will evaluate the request and process it. Depending on the payment processor you have chosen, you should receive your money within 4 to 7 days.

Withdrawal waiting times

As hinted above, you will not receive your deposited money instantly into your bank/credit card/Moneybookers account. There are two main reasons why this is so. The first reason is that withdrawals are not automatically executed by a software program.

Like in the case of deposits, a withdrawal will also have to be executed manually by a real person. However, support staff members of binary options brokers can’t always process payments the money they have been requested by traders.

Usually thousands of traders are requesting withdrawals on a daily basis. This will lead to waiting times of a few days, resulting in the 4 to 7 days delay until you will receive your money into your personal bank, credit card to payment processor account.

The second reason for waiting times is the fact that withdrawals will have to be screened by brokers. What this means is that at each withdrawal a support staff member of the broker will check if the trader in question has legitimately earned his or her money or has used various exploits such as software hack and similar.

This rule isn’t something brokers just arbitrarily made up in order to delay withdrawals with the purpose of determining traders to continue trading instead and maybe lose their money. Brokers are obliged by the law to implement these measures. If they would refuse doing these they would lose their licenses.

Can I Withdraw Money at Any Moment?

Yes, you can withdraw your profits at any moment at all legitimate financial trading service providers. Brokers that do not allow this are not legitimate. However, you might not always be able to immediately withdraw your deposit as well as the received bonus in case you have accepted a bonus.

Many financial betting service providers also offer bonuses on traders’ initial deposits. Bonuses are basically free money gifts that are used to persuade traders to register and deposit money. However, by receiving a bonus you will lose the right to withdraw your deposit and bonus until certain conditions are met.

These requirements usually require the trader to purchase a certain number of contracts or execute a certain volume of trades before a withdrawal is permitted. After these are met, traders will be able to withdraw their deposit and bonus money.

These requirements are perfectly normal and make a lot of sense. If brokers would allow traders to withdraw their deposits and bonuses immediately after receiving the bonus, then people would just register at brokers, make a deposit, get the bonus after which immediately withdraw the bonus plus the deposit.

However, even in case traders have received a bonus and they haven’t yet met the requirements that would allow the withdrawal of the bonus and the deposit, they will obviously still be able to withdraw any profits they have generated both with the deposited money and the bonus money.

Brokers with the Quickest and Simplest Withdrawal Processes

You should check out the binary options brokers that we listed on this page in case you’re looking for brokers that don’t have complicated withdrawal requirements and processes. All the brokers listed here are perfectly safe and legal and as such, offer quick and reliable withdrawal methods.

As explained somewhere above, the listed brokers also don’t have any minimum withdrawal requirements. If you want to withdraw just $10, then you can do that at any moment without any obstacles and weird terms and conditions.

Also, check out our additional binary options trading guides and winning tutorials. They will teach you how to trade binary options successfully and how to be able to generate consistent revenues all the time.

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12 Comments on "How to Withdraw Cash at Brokers"

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Pete Ross
Guest

Hello, If I want to stop Trading with a Broker and withdraw all my money apart from trying to persuade me otherwise can they prevent it i.e do they have to authorize payment

Mary Gillespie
Guest
I was bullied into depositing money I could not afford with Edgedale Finance UK. My broker was constantly badgering me to invest more money. When I told him that I had no money left to invest, he insisted, by saying he would secure me a loan from the company ,which would be paid back after the trade. I more or less said “Do what you like, I have no more money.” 24 hours after securing a loan, I didn’t want in the first place, he said I had to pay back the loan within 24 hours. I used the whole… Read more »
Herbert
Guest

Hi Mary,
I feel deeply for what you have gone through. These people are SCUM and ought to be ELIMINATED from the face of the earth. I had almost similar experience with these SCUM !!! I ended up with owing a lot of money with my credit cards company which I can’t pay back although I have more than enough money in my account to settled them in full .

Zorro21c
Guest

You took a loan from a guy called you over the phone and they claimed he had left the company? Maybe he had never existed. It’s like you are giving money to a ghost.

Zorro21c
Guest

Blake Derick is another crook. He will charge you more fee and no guaranty to see your money back. Just don’t give your ID, address and bank card to anyone on the phone. You need to borrow, just walk to the bank.

Blake Derick
Guest
PLEASE MANY COMPLAIN TO ME HOW CAN I GET MY MONEY BACK AND HOW CAN I SUE THE BROKER AND MANY QUESTION I SOMETIMES WOULD NOT LIKE TO HEAR BUT TODAY I WANT TO ASSURE YOU THAT IF YOU REALLY TRADED YOURSELF AND LOST YOU CAN NOT GET YOUR MONEY BACK AND IF YOU PAID MONEY INTO SOMEONE’S ACCOUNT INSTEAD OF A BROKER’S ACCOUNT YOU ARE STILL RESPONSIBLE BUT IF THE ACT IS ILLEGAL AND IF YOU FEEL CHEATED THEN EXPLAIN WELL SO I WILL BE ABLE TO ASSIST ….. THANKS ….BEFORE YOU TRADE LEARN THE HOW AND CONDITION ….… Read more »
Randy N
Guest

I am right now having difficulty withdrawing money from a binary account also with Edgedale in Uk. My brokers name was Brian Fox. No emails from him for over a month now. I have emailed the “support” but not getting anywhere with them either. I didn’t invest money I absolutely needed but what is the point of investing with no chance of a return?

Zorro21c
Guest

None of the binary option trading companies have address on their account so you will never find them.

Richard Bradley
Guest

I lost a lot of money to GTOptions, tried hiring a lawyer but ended up loosing even more money. I had to hire an EC council certified hacker to intervene. He charged me 10% but I was happy to pay.
If you’d like to reach him as well to help you, I’ve used his contact as my name so feel free to email him, cheers!

Zorro21c
Guest

Just look at how to withdraw money with credit card? Have you ever heard of that? The main source of all ( about two or maybe more) Binary option companies’s locations are in Israel or Cyprus. Probably offshore ghost names. Well, if you live in a civilized world and wanted to give your ID and credit cards to those locations, unknown people without an address then good luck. I would stay far away from them but read their business with curiosity.

Ripped Off
Guest

CTOPtions Is a fucking scam! Do not be fooled by these liars! They ripped me off, and several other people. Fuck CT Options I hope they die horrible deaths!

Tshegofatso
Guest

Hi I would like to ask about these thing called tax fee…I’ve open account with a broker and never told anything about tax fee before I make the deposits…now they say I won’t be able to make withdrawals because I haven’t pay tax fee…what is tax fee?I’ve lost money and I’ve loaned for it..the name of broker is Exoptions.org

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