Magnum Options Withdrawal 2015

Magnum Options Withdrawal Review

Magnum Options Withdrawal Review

There is one simple thing which determines whether a binary options broker is a scam or not, and that is nothing but its withdrawal process. The better the withdrawal process, the more the trader is able to trust the broker. Similarly, a withdrawal process which is too complicated and takes an hour to complete makes the trader feel upset – as if they are having to spend a great deal of time getting back their own hard earned money. These are the few things which a broker must always strive to achieve – security and quick withdrawal process. Is Magnum Options providing such features? Let us find out in this in-depth Magnum Options withdrawal review.

Magnum Options Withdrawal | Limits and Charges

Some brokers charge for every withdrawal, while some charge from the second withdrawal every month. Magnum Options falls under the second category. This means that you will get the first withdrawal every month for absolutely free.

After that, you will be charged a low sum of 30 dollars each time you request a withdrawal. This is an idealistic scenario, because maximum of the traders withdraw their amounts on a monthly basis. Also, you have to reach a minimum of 100 USD or EUR to withdraw your funds – depending upon your currency and the type of account that you hold with them. This just goes to show that the Magnum Options Scam Test 2016 reveals that it is definitely not a scam; as many scam brokers charge unheard of rates for their withdrawals.

Magnum Options Website

Magnum Options Website

Magnum Options Withdrawal | Complete process

Most traders are confused when it comes to the withdrawal process. First of all, it is absurd to think that you place a withdrawal request at 10 am on a Sunday morning and you avail your funds by 1 pm on the same day. A withdrawal process takes time and it will usually be delivered to you after a necessary verification process, which is why, it takes about 5 to 7 days for the entire transaction to be completed.

In this case, you will have to provide them the documents which prove your ID. It will be easier if you have already made the arrangements before withdrawal. You can provide them a scanned photocopy of the following:

  • A utility bill that proves your address.
  • Any government ID E.g. Driver’s license, passport, etc.
  • A copy of the front and back of the credit card – if you deposited with one.

All of these processes will take about 15 minutes if you already have kept them at hand. After that, your withdrawal request will be processed and you just have to wait for the money to show up in your accounts within 5-7 days. So you can finally get your question of- Is Magnum Options Legit? answered in the affirmative.

Magnum Options Withdrawal | What’s the assurance?

You can always be assured that the Magnum Options customer service is there to help you with any difficulties related to the withdrawal policies.

It gives great distress to the traders when their money does not reach on time or for any reason their withdrawal request is not completed. During such hours, you can contact the customer service of the broker via email, live chat or telephone and inquire about your funds.

Magnum Options Withdrawal | Final review

The broker ensures that the funds are secure. They make sure that they deliver with proper methods. It is a genuine broker. Watch this space for more updates.

For easy, quick and safe withdrawals, always choose Magnum Options.

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Author: Mark Watson
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