Banking is a very important aspect of binary options trading, and all traders want it to be safe and reliable. There are simply no excuses for badly managed money or unsafe transactions. Luckily, 23traders review showed that this broker provides very reliable banking methods that are used in many industries all over the world.
Good news is that 23traders review found out there are several methods supported with this broker. Traders can use traditional banking methods like credit cards (AmEx, Maestro, MasterCard, Visa and Visa Electron) and bank wire. There are also popular e-wallets available: ecoPayz, CashU, Neteller, and Skrill.
Minimum deposit with this broker is $250, and minimum withdrawal limit for bank wire or e-wallet is $100. There are no limits for minimum withdrawals with credit cards. However, withdrawals can’t be bigger than the deposit. The withdrawal requests are usually processed within 5 days, but more expensive accounts allow faster withdrawals.
All accounts have to be verified by sending necessary documents. Traders must send am identification document with a picture (passport, driving license, ID), utility bill with a current address, and a copy of credit card, according to the instructions. All documents that are not in western languages have to be translated and verified by an official translator. This is all done for traders’ security in order to help them protect their funds from different imposters and scam that are lurking online.
23traders is owned by Hermes Ventures Ltd. This broker is also licensed by VFSC – License No. 14536 (Vanuatu International Financial Services Commission).