Traders can deposit with SuperOptions using multiple methods, as the company is constantly working to provide more processing and investment methods.
A wide range of credit and debit cards are accepted when trading with SuperOptions. Visa, MasterCard, JCB, CUP, Carte Blue, Delta, Visa Electron and Diner’s. Bank wire is also available, but requires a minimum of $250 deposit if users want to avoid the $25 banking fee. The Bank Wire transfers can be somewhat slower with up to 5 days waiting time until funds appear on the trading account. For all other methods, the minimum deposit is 50 USD/ EUR / AUD / CAD / GBP or 300 CNY or 5,000 JPY. The selection of the preferred currency is done when registering and cannot be changed afterwards.
Another very popular payment method in the Middle East and Western Europe is E-wallets, and more information about them can be obtained on their website. This method is probably the fastest and easiest for most users depositing with SuperOptions.
When withdrawing, there are no fees when transferring the initial deposit amount. When withdrawing profits (funds above the initial deposit), SuperOption sets a $15 fee for using Bank Wire, and $2.5 when using other methods. We found this a bit confusing since the usual practice, due to anti money laundering laws, is that profits must be withdrawn via Bank Wire.
SuperOptions processes withdrawals usually the same day, but sometimes it can take up to 48h and we found this to be an excellent policy. The subsequent transfer time regarding the account funding can be somewhat longer, but users are already familiar with the usual banking practice. This is out of broker’s influence.
The company running the platform is QLogic Advisors Ltd, with headquarters in Gibraltar. They accept almost all nationalities and in our SuperOptions review they turned out to be a professional binary options trading company.