The LBinary is considered as one of the reliable brokers in the binary trading options industry. The primary advantage of trading with this company is that, it offers excellent customer services for their clients and traders.

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The reason that LBinary have been appreciated by such a huge number of traders is its convenient trading platform and the wide range of assets.  This has been able to gain immense attention of customers in the present market of binary options trading. Additionally the company allows the traders to make trade in Bitcoin and also the USD index.

LBinary Account Types

The type of accounts that a trader will be able to avail depends on the initial investment made by the trader. There are certain options that differ between one account to another on the level of services being offered to the traders. The LBinary operations are really simple which has helped in achieving high customer satisfaction.

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LBinary Withdrawal Isues

Though the company has been offering a lot of essential features for their traders which are really appreciable but there are some flaws that it is facing in the present market scenario.

When a trader starts dealing in binary options trading, there are lot of questions that arise in their minds, but the most important factor that they look for, is that whether they will be able to access their cash easily and is this platform trustworthy or not.

The major complaints that have been heard regarding the LBinary withdrawals are firstly the long and dragging withdrawal process and also the bonus money which affects the Lbinary withdrawal to a huge extent.

While opening the account it becomes very easy for the traders after registration as soon as their money is deposited to their respective accounts, the traders are able to login to the LBinary platform and start trading at any time they want. But the problem arises during the withdrawal process.

LBinary Withdrawal Complaints

It has been complained by a lot of traders that, the bonus offers that are being provided by the trading companies are initially really tempting for the traders but in future it affects the Lbinary withdrawal process. This is due to the fact that, for achieving the bonus offers, it needs some additional requirements that are to be fulfilled.

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And if the trader is not able to complete these requirements, he/she is not allowed to make any withdrawal from any of their accounts. This has raised a lot of questions regarding the bonus offers provided by the company.

The traders have alleged that if a person is not able to withdraw the necessary amount of money that has been earned by him/her by trading, then what is the use of this additional features or advantages.

Most of the times it also happens that the amount of bonus the traders are being offered, at the time of Lbinary withdrawal they are required to make trades up to 40 times the value of the bonus account that has been offered to them.

These terms and conditions are not mentioned clearly at the time of starting their account. Thus, it becomes difficult for them during withdrawals.

lbinary tipFree TIP:

The first you have to do when you are about to open an account with any binary options broker is to Read Carefully the Terms & Conditions. It is a common practice among the scam brokers to not clarify completely the process of taking a bonus or withdrawal profit.

A few brokers are transparent and honest with their clients. For 2014 24Option is rated in Top 3 for Most Trusted Brokers.

The other complaints that the LBinary withdrawal has come across is that the verification process is so long that a lot of customers become frustrated while making any withdrawals. It takes a minimum of 3 days for completing the verification process and for the amount to be deposited in the account of the trader it takes more than 8 days.

The whole transaction process is never complete before 11 days.

Conclusion: LBinary Withdrawal Policy is NOT Satisfactory

After making detailed research and trying out the withdrawal policy of LBinary, our team concluded that LBinary 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.