The trading platform is one of the well known binary options trading broker that has made its way within a very short period of time. Serving a large number of clients throughout the world, this binary broker has become popular as a reliable broker offering a lot of additional features to their clients.

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The major advantage of this trading company is that it is able to use the most advanced technological tools that will not only keep their client’s investments safe but also offer a lot of options that are not provided by many other trading platforms.

The is appreciable for a lot of traders because of the fact that user interface offered by this trading company is really convenient and easy which enables even a novice trader to start trading without any prior knowledge or experience.

But, it must be mentioned in this context that, regarding binary options trading features, there cannot be guaranteed that each and every aspect of all the trading platforms will be beneficial for them. After all, these companies are also here to make profit and earn money. did you knowDid You Know…

that 24Option‘s Platform trading platform was awarded for Best Trading Features at the Last Annual Binary Options Awards.

The first thing that must be done for any binary trader is to go through the terms and policies that are stated in the websites of the companies. This is so important because of the fact that, in case of a lot of companies, the withdrawal process is not that simple as that of depositing the money.

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Considering the scenario of withdrawal it can be stated that, the company lags in efficiency while processing the request for withdrawals. This is clear from the complaints that have been brought up by a lot of traders against this company.

The huge amount of dragging paperwork is a loss of time for many of the traders in necessity for money, as they are not allowed to make withdrawal before completing verification process.

The verification includes deposition of photo identity issued by the government, a proof of permanent residence and finally the copy of credit cards that have been made during deposition of the money. Withdrawal Charges

The company offers a free withdrawal for the first time and after that it deducts fees of $30 per transaction as bank charges. Regarding the withdrawal fees there have been no such complaints as it is the standard rate deducted by every binary options trading platform.

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The process of withdrawal is relatively slower than that of deposition for any binary options trading platform. This is because firstly, they companies have to deal with a large number of withdrawal requests and secondly, if the withdrawal request of such a huge number of customers are allowed at the same time, the company will not be able to continue the business.

Thus, the withdrawal process takes a certain amount of time and the same is there for withdrawal. Withdrawal Flaws

One of the major flaws of withdrawal is that, the withdrawal process varies according to different accounts. Thus there becomes a possibility for the traders to get confused and make wrong request for withdrawals. This will lead to even more delay as the trader has to start again from zero and continue from there.

It is recommended that, before making any withdrawal, the traders must concern the related account managers or customer care executives that will be able to guide the right process for withdrawal. This is a major flaw that may lead to a huge mess among the traders and account managers.

It will be beneficial for the company to reconstruct the process as soon as possible.

Conclusion: Withdrawal Policy is NOT Satisfactory

After making detailed research and trying out the withdrawal policy of, our team concluded that has a slow and complicated withdrawal process. Our research shows that there are other brokers with a much more satisfactory withdrawal policy. Currently the broker with the fastest withdrawal approvals is BinaryMate – 2 working days on average.