• Facebook
  • Google
  • Twitter
  • Youtube
  • Rss
  • Home
  • Profit Strategies
    • Risk Management
      • Intro to Money Management
      • Trading Psychology
      • Can You Afford to Lose?
    • Trading Techniques
    • Trading Fundamental Events
  • Gold & Oil
    • Commodities
    • Currencies
    • Indices
    • Stocks
    • Daily Market Review
  • Trading Platforms
    • Types of platforms
      • Overview of Platforms
      • Digital Options Pro
      • One Touch Platform
      • The Option Builder
      • 60 Second Trading
      • Binary META
    • Wise Binary Trading
      • Easier to Deposit than Withdraw, Why?
      • Are Binary Brokers Regulated?
      • Technical Troubleshooting
    • Best Brokers
      • Choosing the Right Binary Options Broker
      • Platform Features your Broker should Offer
      • Most Secure Binary Brokers
  • Binary Options School
    • Intro to Binary Options
      • The Story Behind Binary Options
      • Why Binary Options?
      • What are Binary Options?
      • Forex & Binary Options: The Differences
      • Forex & Binary Options: The Similarities
      • Binary Options vs. Vanilla Options
      • Binary Options Dictionary
    • Start Trading
      • How to Trade Binary Options In 5 Steps
      • Learn How to Maximize Your Account
      • Demo Accounts - A Good Way To Start
      • Market Schedule
      • Should you Accept a Trading Bonus?
    • Fundamental Analysis
      • Fundamental Analysis: What & Why
      • General Economic Reports
      • Manufacturing Reports
      • Federal Open Market Committee (FOMC) Reports
      • Trade Reports
      • Employment Reports
      • Building & Housing
      • Eurozone Reports
    • Technical Analysis
      • Binary Options Technical Analysis
      • Technical Analysis: What and Why?
  • Open an Account
  • About Us
Home» Trading Platforms » Wise Binary Trading » Easier to Deposit than Withdraw, Why?

Quick Section Navigation

  • Types of platforms
    • Overview of Platforms
    • The Option Builder
    • Digital Options Pro
    • One Touch Platform
    • 60 Second Trading
    • Binary META
  • Best Brokers
    • Platform Features your Broker should Offer
    • Most Secure Binary Brokers
    • Choosing the Right Binary Options Broker
  • Wise Binary Trading
    • Technical Troubleshooting
    • Are Binary Brokers Regulated?
    • Easier to Deposit than Withdraw, Why?

Archives

  • April 2013 (1)
  • March 2013 (18)
  • February 2013 (17)
  • January 2013 (16)
  • December 2012 (16)
  • November 2012 (17)
  • October 2012 (22)
  • September 2012 (16)
  • August 2012 (22)
  • July 2012 (16)

Easier to Deposit than Withdraw, Why?

Written by: Sophie May

Binary options brokerages often make it very easy for customers to deposit and start trading on their platform. Yet if you try to withdraw, at best you will find yourself in the process of document verification. At worst, you risk not seeing your funds again. Why is this the case?

Verification is Standard

Account verification is a standard procedure among financial institutions. This verification process protects customers by ensuring that only the account holder can access their account. In simple terms, it prevents another person accessing your funds.

With the new CySEC regulations in place, in order to maintain their license, firms will certainly have to comply with this verification process and guarantee the safety of their customer funds.
The documents required by Banc De Binary, and acceptable alternatives should you not have the normal ID documents, are listed on our main website here.

Invest with Reputable Firms

Please be aware that while most brokerages are large and reputable companies, some binary options firms provide a less than acceptable service and can make it (near) impossible for you to withdraw. It is important to understand this before you deposit money into a trading account.
A quick way of discerning the good from the bad is to call the firm up directly and ask about the withdrawal process. If they answer the phone, and sadly not all binary options firms do, that is a good start. Make sure that they can provide you with set and clear guidelines about the withdrawal process, and that what they say matches the information available on their website.
To avoid any possible confusion or doubt, it is highly advisable to only invest with firms who are being regulated by CySEC.

Profit Strategies

  • Risk Management
  • Trading Techniques
  • Trading Fundamental Events

Gold & Oil

  • Commodities
  • Currencies
  • Indices
  • Stocks
  • Daily Market Review

Trading Platforms

  • Types of Platforms
  • Wise Binary Trading
  • Best Brokers

Binary Options School

  • Intro to Binary Options
  • Start Trading
  • Fundamental Analysis
  • Technical Analysis
  • Test Yourself

Trading Binary Options is highly speculative and carries a high level of risk. It is possible to lose all your capital.
These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary.

Banc De Binary Limited is authorised and regulated by CySEC (Licence no. 188/13)

(c) 2012 Banc de Binary