How to Make a Deposit at Binary Options Brokers
Like said above, before you begin trading and generating profits, you will have to make a deposit at a binary options broker. Making a deposit at a broker is extremely simple and very safe. You just have to select a payment processor and choose the amount you wish to deposit.
Add your payment processor
Before you make a deposit at a binary broker, you will have to access your accounts’ cashier or banking page. There, you will have to select your preferred payment processor such as credit card, Moneybookers, Liberty Reserve and more.
Select the desired deposit amount
The next step you will have to do is to select the desired amount you wish to deposit. Most commonly, financial betting service providers have minimum deposit requirements. This usually ranges in the $100-$200 area. You have to make a deposit of at least this sum in order to trade.
If you’re interested in finding the binary options brokers with the lowest minimum deposit requirements then check the linked page.
Confirm the transaction
After you have added your payment processor and decided how much money you want to deposit, you will have to confirm the transfer. Usually, this will be done by pressing a conformation button that will take you to a new page in order to again review the details of the transaction.
After this, the deposited money will instantly appear in your online trading account. The only exception is if you made the transfer using wire transfer. This is because bank transfers most commonly require a few days to be completed.
Remember to get your bonus
Most binary options brokers also give bonuses on traders’ initial deposits. A bonus is a free money gift that will reward someone for registering and making a deposit. The bonus will naturally consist of real money that can be used for trading purposes, much like the money that was deposited.
The only thing you can’t do with the bonus is to withdraw it immediately. This is because if this would be allowed everyone would just withdraw it immediately resulting in the broker going bankrupt. However, all profits generated will obviously be available for withdrawal.
In most cases traders will have to specifically request this bonus to be given to them. They will either have to press a button in their cashier pages that unlocks the bonus or they will have to mail the broker’s support department that will manually assign the bonus.
Just be aware that almost all brokers offer bonuses, so if you register and make a deposit but haven’t received a bonus you should mail the brokers help department to see what’s up. Bonuses are an integral part in becoming a winning trader in binary options.
Most Common Depositing Tools
There are many depositing tools available at financial trading service providers. Most of them are run by mainstream companies that provide safe and highly secure money transfer systems. Below you find a list of the most common binary option payment processors.
Making credit card deposits at financial service providers is very easy and safe. Almost all credit card companies allow transfers to binary options brokers because they know that online trading is a legitimate form of investment and that most brokers are legal.
Credit card transfers are quick, safe and don’t require any intermediary. After you make a deposit at a online trading broker with a credit card, you will immediately receive that money added into your online trading account.
Moneybookers is perhaps the largest payment processor that allows people to deposit money at binary options brokers. Like credit card transfers, Moneybookers transfers are extremely fast, safe and more importantly, completely anonymous.
Check out this list of Moneybookers binary options brokers for more information.
Wire transfer or direct bank transfer is recommended for larger deposits. This is because wire transfer always charges fixed transfer fees that never increase as the transferred amount becomes bigger. In contrast, electronic payment processors always charge a percentage of your deposit.
The only disadvantage of bank transfers to financial betting brokers is the fact that transfers of this kind require around 2-4 days to be completed. This is because a transfer like this will have to be manually executed by your bank’s staff.
Is it Safe to Deposit Money in Binary Options?
It’s perfectly safe to deposit money at binary options brokers if you make the deposit at legal brokers. Fortunately, most brokers existing today on the market are legal and regulated. These brokers will never scam you because they are closely monitored by government agencies in the countries they are licensed.
Financial trading is a legitimate form of investment much like stock and forex trading. For this reason, binary options trading is also explicitly legal in multiple countries on the planet such as the US, UK and more.
Is it legal to deposit money?
Unless binary options trading is illegal in your country, it’s perfectly fine to register at an online trading broker and deposit money. To our knowledge, binary options trading is not illegal in any country at this moment.
Safest Financial Investing Service Providers
On this page you will find a toplist of binary options brokers that we believe are the safest and most secure when it comes to real money deposits. Check out the reviews of these brokers in order to find out more about the services they offer.
Besides safe deposits and payments, the listed brokers also offer high-quality services overall. They have a large number of assets, multiple options types and very large payout rates. Naturally, they also offer advantageous binary options bonuses on your first deposit.
Additionally, you should also take a look at our online trading educational and strategy articles. These will teach you how to trade financial assets successfully and how to generate consistent profits all the time.