American Express Binary Options Brokers

American Express is one of the world’s biggest payment networks and its bank cards can be used to deposit funds to binary options trading accounts. High levels of security and ease of use make it popular with binary traders.

We’ve listed the best binary options brokers that accept American Express deposits. We made sure each platform below supports American Express by finding the payment method in deposit portals, often shown as the blue and white logo. Alternatively, we checked with brokers’ support teams.

Binary platforms were ranked by their overall ratings, which blend almost 300 data points with the hands-on tests conducted by our team, some of whom have held American Express cards for years.

How American Express Works

American Express (AmEx) facilitates the transfer of funds from an American Express credit or charge card to supporting merchants, including binary options brokers.

It is accepted across North America, Europe, Asia, and many other financial centres. Having said that, some brokers we’ve tested only support AmEx for clients in some of its regions.

Alongside Visa and Mastercard, it’s one of the most widely recognized card-based payment method for active traders who want a secure, familiar, and convenient way to fund binary options accounts.

Pros Of Using American Express For Binary Trading

• Global recognition: American Express is used worldwide, making it a comfortable funding option for traders sending money to local or overseas binary options platforms.
• Fast deposits: Most American Express deposits are processed almost instantly or within minutes, allowing traders to act quickly in fast-moving binary markets.
• Strong security: AmEx transactions are protected by advanced encryption, fraud monitoring, and cardholder verification, helping reduce the risk of unauthorized payments.
• Potential dispute and chargeback rights: Unlike many electronic wallet or crypto deposits, American Express card payments may allow disputes or chargebacks in certain situations. However, given the high-risk nature of binary options there’s no guarantee you’ll get money back in the event of issues like withdrawal problems.

Cons Of Using American Express For Binary Trading

• Limited broker support: Not as many binary options brokers accept American Express compared to Visa or Mastercard – we checked every firm in our directory. This may be due to higher processing costs.
• Possible fees: Some brokers or card issuers may apply transaction or processing fees. However, some platforms we’ve analyzed absorb these charges, or at least don’t charge any additional commissions.
• Reports of rejected transactions: We’ve seen reports that American Express has rejected deposits to binary options platforms, likely due to their status as a high-risk financial product that’s restricted in some regions.
• Transaction limits: We noticed in our evaluations that American Express transaction limits are lower at some binary platforms compared to Visa and Mastercard. For instance, IQCent allows deposits up to $2,000 with Visa and Mastercard, but it’s $1,000 with American Express.

What Information Do I Need To Deposit Using American Express?

This depends on your broker and region, but you usually need:

• Your American Express card number, expiry date, and CVV (normally on the front with AmEx cards)
• Your name and billing address as registered with AmEx (required for verification/3DS or processor checks)

Most brokers provide instructions on how to deposit with American Express after you click on the blue and white logo in the cashier portal. An example can be seen below.

Is It Safe To Deposit Funds Using American Express?

Depositing funds with American Express is mostly secure. Card payments are protected using industry-standard encryption, real-time fraud monitoring, and verification controls.

American Express also operates as a global payments network and issuer, so is subject to the strict financial regulations found in many jurisdictions.

In the United States, American Express’s banking activities are conducted through regulated entities (including its federally regulated banking operations), while its payments and card services are covered by compliance programs spanning areas like anti-money laundering and sanctions screening.

In other regions, American Express products may be issued directly by American Express or through licensed partner banks, with card payments processed under local payments rules and respective financial bodies. For example, American Express is registered with the UK’s Financial Conduct Authority (code 661836 ), Australian Securities & Investments Commission (code 291313), Banco de España register (code 6883), and Monetary Authority of Singapore,

Yet despite strong regulatory oversight, it’s important to remember that while American Express itself is licensed as a card issuer/payment network, this does not mean the binary options broker you use is regulated in your country.