IOption is one of the most popular binary options trading brokers operating in today’s market. With an average payout rate of more than 70%, a highly sophisticated and user friendly trading platform, more than eighty different assets from the different markets of the world and a host of features, iOption has quickly become a favorite with traders of binary options. However, one of the most vital things which you need to know before you start trading with iOption concerns the various methods of iOption Withdraw. Unless you can withdraw your profits quickly and without hassle, it makes little sense to use that broker. So, you must know all the facts concerning iOption Withdraw.
The different methods of iOption Withdraw
There are a number of different options that you can use for iOption Withdraw. All the methods are quick, easy and convenient. They are as follows:
- If you had used credit or debit cards to make your original deposit, then you can carry out iOption Withdraw using that same credit or debit card. You should note that you can withdraw only up to that amount which you deposited using that card. This means that your profits cannot be withdrawn using credit or debit cards.
- The most common method used to withdraw your profits from iOption Trading is wire transfer. For this, you will need to provide your bank details to iOption.
- Finally, you can also use Moneybookers to withdraw your profits from iOption.
Some facts about iOption Withdraw
Here are some facts that you should know about iOption withdraw:
- IOption implements strict anti money laundering guidelines to ensure that your funds are not being misused in any way. For this, you will need to submit several documents at the time of making your deposit. If, due to some reason you have not submitted these documents, then you will have to submit them before withdrawal. Otherwise you will not be able to perform iOption Withdraw.
- Once all the documents have been submitted and you request for iOption Withdraw, it will take around five to seven business days to process the documents and verify everything. After this, it will take another three to five business days for the funds to appear in your account. However, the withdrawal time is not more than three to five business days for your subsequent withdrawals.
- The fees for iOption Withdraw are variable. Every month, you can have one iOption Withdraw completely free of charge. For each subsequent withdrawal, iOption charges $30 or 25 Euros each. However, if you only withdraw your investment via your credit or debit cards, the transaction is not chargeable.
According to reviews and reports of traders, the iOption Withdraw process is convenient and secure. You will never face any hassle about withdrawing your profits from this broker. It will take a little time during the first withdrawal for all the security norms, but all subsequent withdrawals are fast and prompt.