OptionsXO Withdrawal Review

OptionsXO Withdrawal Review

OptionsXO Withdrawal Review

When it comes to binary options, this is often the Achilles heel for both big and small brands in terms of integrity and honesty. A lot of well-known brands make collecting your earnings rather difficult, which is why we’ve decided to dedicate whole reviews to this specific topic.

With OptionsXO, we were happy to find that withdrawing your profits is both secured and straight forward, without unnecessary hassle or delays.

OptionsXO Withdrawal | Withdrawal Process

Like most brands, you need to fill out a withdrawal form, either when you first sign up to OptionsXO or when you want to collect your first earnings. This is a necessary step in ensuring that no frauds or misuse of credit cards take place, and from our perspective this is also a step that goes a long way toward determining brand credibility.

For your security, OptionsXO exercises compliance of all fraudulent and anti-money laundering policies. Withdrawal requests will only be processed after all proper documentation has been received by OptionsXO. We highly recommend that you send the forms immediately after you register, in order to expedite your withdrawals and ensure that there will be no authentication issues when you’ll want to claim your profits.

OptionsXO Forex

OptionsXO Withdrawal | Withdrawal Methods

One of the most important honesty indicators you should look at as a trader, is what withdrawal methods the company offers – The more methods allowed – The better.

Why? Well, other than the convenience of choosing how you’d like to get your earnings back, the fact that a company is willing to work with a broker is a strong indication of a positive relationship between the two. In bank / credit card company terms, a “positive relationship” means no claims of fraud or complaints about the broker have been filed – Or in other terms, the more companies your broker works with, the better the chances are that they’re legit.

Withdrawal requests will be processed back to the initial form of deposit. Clients who deposit through Western Union or MoneyGram will receive their withdrawn funds through a wire transfer to a bank account that must be in the depositing client’s name.

In the case of OptionsXO, there are plenty of options:

  • Wire transfer to any bank
  • Processing through any credit card
  • Processing through money transfer networks such as MoneyGram

In a case where the value of a withdraw request to a credit card exceeds the value of the amount deposited by credit card, the remaining value will be transferred by wire transfer to a bank account held in the name of the depositing customer.

OptionsXO Withdrawal | Withdrawal Fees

In terms of withdrawal commissions, OptionsXO are more than fair. The commissions are small to lineal, and given that the company doesn’t charge commissions for any transactions – This is more than satisfactory.

The OptionsXO withdrawal fees are even lower in comparison to banks, investment firms and other financial institutions who handle stock market activities. Most establishments will require a 2-5% handling fee, plus a significant cut of the profit – something that simply doesn’t exist at OptionsXO.

OptionsXO Short Term Option

OptionsXO Withdrawal | Processing Time

In terms of processing time, OptionsXO promises to speed things up and transfer the money back to your account within 4-7 business days. This is, of course, subject to your quick filling our of the paperwork and authenticating your account according to the company guidelines.

This processing time is quite unusual in the binary options industry, and OptionsXO’s withdrawal speed is very impressive when compared to other brands.

OptionsXO Withdrawal | Conclusion

OptionsXO passed our withdrawal exam with flying colors. Their policies are more than fair in terms of commissions and speed, while protecting the trader’s privacy and security in order to avoid frauds and unlawful withdrawals.

We’ve also been impressed with their variety of withdrawal methods, which are a strong indication of a brand that’s doing things right. Overall, when it comes to withdrawals, OptionsXO have a great operation going on.

Author's overall rating:
Author: Mark Watson

BinaryOptionsTrading-Review.com has taken reasonable measures to ensure the accuracy of the information in the website, however, does not guarantee it. The data exhibited in this website is not necessarily always real-time or completely accurate; this includes market analysis, forecasts, signals, assets’ price quotes and charts. Readers should not treat any opinion expressed by the authors of BinaryOptionsTrading-Review.com as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of their current opinion. The risks involved in trading binary options are high and may not be suitable for all traders. BinaryOptionsTrading-Review.com doesn't retain responsibility for any losses readers might face as a result of using the information presented in this website. This website is owned by Next Media Corp.
In accordance with FTC guidelines, BinaryOptionsTrading-Review.com has financial relationships with some of the products and services mentioned on this website. BinaryOptionsTrading-Review.com may be compensated if consumers choose to click links in our content and ultimately sign up for mentioned products.
Binary options are not promoted or sold to retail EEA traders. If you are not a professional client, please leave this page.