IOption is one of the leading binary options brokers. You can open an account with iOption and deposit funds using a variety of methods. Then you will need to pick an asset from the extensive asset list of iOption and invest the money that you want. In order to carry on binary options trading, you will have to predict whether the price of the asset will increase or decrease at the time of expiry of the market. Accordingly you choose call or put option. If you are correct, then you can earn a minimum payout of 75% on your original investment.
But before you can engage in the trade, you should know the accepted methods of deposits and withdrawal at iOption Trading. Of them, iOption Visa is a popular method.
The process of using iOption Visa
In order to use iOption Visa, you will have to follow the given steps:
- IOption accepts all major debit and credit cards. So, one of the options that you can use for deposits and withdrawal is iOption Visa.
- The first step is to register and Open an Account With iOption. The process is simple and quick and a dedicated accounts manager will guide you every step of the way. Once this process is complete, you will receive a verification email.
- The next step is to deposit money in your account. If you choose to use iOption Visa for the purpose, you will have to choose the credit card option. This will direct you to a process where you will have to provide the relevant information regarding your iOption Visa card.
- The transaction is extremely fast. The amount appears in your account almost instantly and you can start trading.
- You can also use iOption Visa to withdraw money. However, the maximum amount that you can withdraw using iOption Visa is what you deposited with it. This means you cannot withdraw your profits using iOption Visa.
- Withdrawal by iOption Visa is free of charge and is processed within two or three business days.
Some points to remember while using iOption Visa
Here are some things that you should keep in mind while using iOption Visa:
- Credit and debit cards are something that everyone has. You will not have to set up any separate account or go through new processes. You can use iOption Visa in the same way as when you buy anything off the internet.
- In order to implement the anti money laundering laws, you will have to submit certain documents like photo ID and address proof while making your first deposit or withdrawal. If you are using iOption Visa, you will have to photocopy the front and back of the card. Scan this document and email it to iOption team.
- IOption adopts strict security measures to protect your financial data. SSL technology is applied for the purpose.