Binary Options Brokers Accepting Paypal 2012
Binary Options Brokers Accepting Paypal 2012
September 3, 2012Paypal is by far the most popular and recognized ewallet among binary options traders as well as anyone else wanting to purchase goods or services online. As mentioned previously most brokers do not offer this deposit method and due to regulation do not accept Paypal. Still, our staff has recently come across one binary options broker that ACCEPTS PAYPAL.
After checking out all the banking section, confirming this with the site owners, and then finally using our Paypal account to deposit, we have come to the conclusion that Empire Option is the only broker that actually processes Paypal transactions in many cases. (This was true for September 5th, 2012).
However, after re-testing their site again from various locations around the globe we have been unable to deposit at all using PayPal. The message we got from the support was “we are having some issues with PayPal at the moment, we will let you know when we are back up”.
We do NOT recommend Empire Option for PayPal deposits, or for that matter we can’t recommend them at all since we were not able to fully test their systems in real money mode using large deposits.
Most brokers will offer the usual credit card solutions as well as other ewallets like Moneybookers, and/or money or wire transfers. Empire Option seems to be in the right direction, but has some final adjustments to make with its processing solutions.
If you are looking for an alternative solution I recommend OptionBit. I have found the staff and management to be professional and courteous. They are not too pushy on one hand, but on the other hand are very quick to respond and offer relevant and effective trading strategies and tips.
I spoke to their head trader and we formulated a trading strategy based on an insurance plan. I was also offered an additional bonus on making a second deposit. I appreciated the offer but was more interested in currency pairs and “trading the news” on the stock market so I just started trading immediately after depositing and no one bothered me.
Last but not least, it’s important to ask if it’s possible to withdraw using your Paypal account, and if so if there are any fees associated with this. If you trade consistently and make serious money trading binary options you can ask to have your fees removed. Sometimes this will be done for you if you are a VIP trader. If you are looking for further referrals, recommendations, and/or reviews please make sure to check out our reviews section located on the right panel of our home page. Otherwise click Here to start trading.
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