How Can I Deposit Funds?

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This depends on the payment methods that the binary options broker has setup. Typically they accept Credit Card, Bank Wire Transfer and electronic payments through an e-wallet like Skrill(MoneyBookers), AlertPay and MoneyGram. More recently some of the binary options brokers like TradeRush have been accepting Bitcoins as a deposit and withdrawal method.

If you are going to try out and deposit at multiple brokers sites we would recommend you sign up free to use an e-wallet. It means you only have to fill out your bank details in a single place making it more secure and the only details you provide to the end broker is your name and email.

Other ways might be possible so check with the broker you are interested in first.

When it comes to depositing funds in to your trading account there might be a minimum you can deposit typically ranging from $100 USD upwards and this also depends on the payment method you choose to use. This isn’t the amount you have to trade each time but the amount you have to deposit before you can start to trade using their trading platform, so again make sure to check the appropriate deposit criteria first.

A typical deposit scenario would be like this:

  1. Sign in to your account (or register if new)
  2. Find the menu item called Deposit and click it
  3. Choose your payment method from the selection they have
  4. Enter your payment details & make sure to check they are correct
  5. Depending on payment method you have chosen, your funds will be in your account ready to use
  6. Start trading

Note: If you have any problems when making a deposit be sure to contact their live chat for a quick response or give the appropriate support number a call.

If it is your first deposit with a broker then you can sometimes be eligible for a first deposit bonus, this will give you a little more on top of your deposit which you can then use to get to grips with their platform and test your strategies.

You can also find some useful information on various brokers here.

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