How does withdrawing money from binary options look like?
Recently, several people have asked me about the process of withdrawing money from binary options. This question surprised me a bit because it is nothing complicated. Since withdrawing money is not something extremely complicated, this entry won't be too long - but it's probably better.
The withdrawal process looks different depending on the broker we use. But usually, it all comes down to entering the amount you want to withdraw and the payment method (to a bank or online account). In case of IQ Option you can withdraw directly to your bank account only if the deposit was made via an ATM card. However, if you used a Skrill account then the withdrawal is possible to your Skrill account without the possibility of direct transfer of funds to your bank account.
In the image above, you can see that the withdrawal is nothing complicated. In the "Amount" field I enter the amount I want to withdraw (in dollars), and in the "e-mail" field I enter the e-mail address to which my Skrill account is registered. In the case of a withdrawal to a bank account, the process is similar - we enter the details of our bank account and approve the transaction.
Some people asked what currency conversion looks like, so I explain: after the payment is made, the money is converted at the current exchange rate into our currency. For example: if I order a withdrawal of $ 100, Skrill will receive PLN 382 on my account. Without any commissions. Unfortunately, when withdrawing from Skrill a commission of 3,95 euros is charged to your bank account.
Can you deposit money on iQoption by regular transfer?