Magnum Options Withdrawal Review

Magnum Options Withdrawal Review

Magnum Options Withdrawal Review

When it comes to online binary trading, being able to access your money is of the utmost importance. Magnum Options offers its traders easy access to the money they have deposited and accrued. Gaining a full understanding of a platform’s withdrawal procedure is vital before one begins trading. Read on to get a better understanding of the ease with which the Magnum Options withdrawal process operates.

Minimums and Fees

To begin, Magnum Options offers one free transaction per customer per month. After this initial free withdrawal, a $30 fee is charged on any additional withdrawal. To take money out of your online account, there is a minimum $100 EUR or $100 USD withdrawal amount, depending on your account type and currency.

Magnum Options Withdrawal Process

The withdrawal process begins with each client submitting specific documentation to his or her Magnum Options account. These documents are intended to verify the authenticity and identity of the client, so that money always ends up in the right hands.

These documents include: • A government issued ID – such as a driver’s license, passport, or residence card • A document that proves your current address, such as a utility bill. • If you invested via credit card, then a copy of the front and back of the card used must also be sent.

Magnum Options Trading Platform 81

Copies of these documents are then forwarded to the Magnum Options finance department, which handles all requests. It takes as little as 3 business days for Magnum Options to process a withdrawal request, and a reasonable 5-7 business days for the funds to show up in one’s account. This isn’t any big deal – as shown by our Magnum Options Scam Test 2017, it is a pretty standard procedure among secure brokers.

Magnum Options Withdrawal | Withdrawal Methods

Traders have two options for how to receive their money when they withdraw from their Magnum Options Account. If funds were initially invested by credit card, they can also be withdrawn by credit card. However, funds can only be withdrawn to the same card used to make the initial deposit. It is also important to note that the maximum withdrawal amount to a credit card must not exceed the sum invested.

If you wish to withdraw more than you originally invested, the rest can be withdrawn by wire transfer. While other trading sites charge for a wire transfer withdrawal, Magnum Options allows traders one free withdrawal per month. If a trader decides to complete any additional wire transfers within a one-month time span, a $30 processing fee applies.

Magnum Options Withdrawal | Policy Assistance

As we stated before, having access to the money amassed is of the utmost importance to any trader. If a Magnum Options trader has any problems with the withdrawal process, customer service can be easily contacted to ensure that all problems are resolved, as stated in our Magnum Options Review 2017. With live chat, email, or phone contact options, there is always someone available to answer any question about accessing the money in your account.

Magnum Options Withdrawal Process | Conclusion

Earning and gaining access to the money you make is of the utmost importance when it comes to choosing a binary trading platform. Magnum Options features a money withdrawal process which is as efficient as it is secure. With quick delivery times and an easy-to-use interface, withdrawing money from a Magnum Options account couldn’t be easier. The Magnum Options Withdrawal Process gives traders the greatest amount of freedom and flexibility when it comes to managing their money.

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