Security is paramount in any form of trading, and this holds true with binary options. Secure payments, deposits and withdrawals can greatly influence your trading experience. Many traders worldwide rely heavily on several e-wallets such as PayPal or Liberty Reserve for their binary options trades. E-wallets offer binary options traders worldwide with a quick, easy and convenient method of transferring their funds.
Liberty Reserve for your binary options trades
Liberty Reserve is a well-known e-wallet that is very popular in Asia, Africa and South America. Liberty Reserve is preferred by traders because it provides very secure online deposit and withdrawal transactions with unique anti-keylogger login systems and several other top-notch security systems. Another key feature of Liberty Reserve is that all the transactions made using the e-wallet are irrevocable unlike money transfers or cheques. But reverse payments are possible. Liberty Reserve also offers you the benefit of creating several wallets for a single account so you can manage several different trading accounts without having to deal with the entire registration process all over again.
Liberty Reserve provides much flexibility in payment currencies and supports most of the currencies worldwide. They also accept payments in the form of precious metals such as gold and silver. Liberty Reserve also offers a Quick Payment option, which allows you to transfer a predetermined amount from your account to any other account with a swifter login procedure.
Here’s a look at some of the most popular binary options brokers who support Liberty Reserve
24option.com is among the leading binary options brokers worldwide, providing trading opportunities in over 50 assets. 24option.com was established in the year 2010 in the British Virgin Islands. It accepts payments through Liberty Reserve along with all the major credit cards and other e-wallets such as Money Gram and MoneyBookers. The broker also accepts payments through wire transfers. The minimum deposit for 24option.com is $250 except for wire transfers in which case it is $1000. The binary options available are One Touch, High/Low and Boundary.
OptionFair is also another relatively new trading platform that became operational in the year 2010. OptionFair accepts deposits through major e-wallets including Liberty Reserve, MoneyBookers, and Money Gram. They also accept deposits through transfers from Western Union and all the major Credit and Debit Cards. They offer over 40 different assets to trade on and offer options in the form of One Touch, High/Low and Boundary. The minimum deposit amount is $250.
BetOnMarkets.com is owned by the Regent Markets Group and has a trader base that exceeds 200,000 traders worldwide. BetOnMarkets.com was established in the year 1999 and has been providing a seamless binary options trading platform ever since. BetOnMarkets.com accept deposits through all the major e-wallets including Liberty Reserve, WebMoney, Instadebit, U kash, clickandbuy, Neteller, MoneyBookers and several other e-wallets. They also accept wire transfers, Western Union and Credit/Debit cards from Visa and MasterCard.
The minimum and maximum deposits vary according to the payment mode and ranges between $5 and $1,500 for Liberty Reserve. BetOnMarkets offer four types of binary options viz. High/Low, In/Out, Rise/Fall and Touch/No Touch.
Winoptions is a subsidiary of ChargeXP with its headquarters in Cyprus. Winoptions offers its traders more than 40 different assets for trading. Winoptions also allows payments through Liberty Reserve and several other e-wallets such as MoneyBookers.com, CashU and also Perfect Money. Like any other major binary options brokers Winoptions also accepts all major credit cards and also wire transfers. The Minimum deposit required to trade with Winoptions is $200 and the maximum trading limit offered is $3000. Winoptions offer binary options such as Options Builder, One Touch and High/Low and 60 Seconds, which is the newest addition to the broker’s offerings.
First Binary Option Service
First Binary Option Service is a relatively new trading platform, established in the year 2011. First Binary Option Service accepts payments via numerous e-wallets including Liberty Reserve, MoneyBookers, Ok Pay, LiqPay, Yandex-money, WebMoney and Rbk money. In addition to these they also accept transfers from Visa and MasterCard. The minimum deposit offered by First Binary Option Service is as low as $5. Investors can choose from several types of trading options including No Touch, One Touch, High/Low, In Range and Out Range.
ZoneOptions was founded in the year 2011 and is among the newer binary options trading platforms. ZoneOptions accepts payments through major e-wallets such as Liberty Reserve and MoneyBookers. In addition to these, they also accept payments through wire transfers and all major Credit/Debit Cards. ZoneOptions currently accepts payments only in USD, GBP and Euro and requires an initial deposit of 250 in any applicable currency. They offer option types such as 60 Seconds, Boundary, High/Low, High Yield and Touch/No Touch.
You can consider engaging the services of any of the listed brokers, based on your requirements and personal preferences.
Why an e-wallet?
The e-wallets or digital wallets enable you to enjoy seamless transfer of funds to and fro from the broker of your choice. These e-wallets can be easily filled by using any major transaction channel, including credit or debit cards and wire transfers.
Most of the e-wallets require you to furnish certain documents for proof and tax verification purposes. So identifying and choosing a reliable e-wallet is very important. There are also some wallets that provide limited use without providing any documents for verification purposes; these can come in handy when you need to make some quick transactions. However, once your account reaches a certain limit, you will not be allowed to make any transactions until you provide full details. This is aimed at preventing fraud.
E-wallets provide an easy and quick way to transfer your funds for all your binary options trading requirements. Many of these e-wallets provide service in over 50 countries and local support is always at hand. Also, you can make and receive payments from the comfort of your home, which makes e-wallets an easy and more convenient method compared to other forms.