Binarium Withdrawal Process: How To Withdraw Money

12341
4.2 / 5
Rating of the Binaryoptions.com team
Minimum withdrawal $10
Payment methods Credit card, E-Wallets, Crypto
Withdrawal fees $0

It is no surprise that most traders look for broker firms that offer favourable trading conditions to increase their money-making opportunities. However, if you are also looking for a trading platform to fine-tune your trading strategies and take your trading to the next level, Binarium is your one-stop choice.

Launched in 2012, Binarium is one of the best trading companies in the industry. It is one of the few binary options brokers known for providing a comfortable trading experience for both new and experienced traders. In addition, Binarium is reliable, easy to use and has a fast withdrawal process – this is undoubtedly one of its highlights.

Do you want to know how easy it is to withdraw money from Binarium? If so, read on. In this article, we’ll tell you everything you need to know about withdrawing money from Binarium as a beginner.

We will cover all details in this article:

Withdrawal rating:(5 / 5)
Minimum withdrawal:$ 5
Maximum withdrawal:No limit
Withdrawal fees:No, but credit cards often charge a fee upon withdrawal transactions not within reach of Binarium to wave off
Withdrawal duration:A few minutes up to hours (maximum 5 working days) – Depending on the payment method
Withdrawal payment methods:Credit cards, cryptocurrencies, e-wallets, local bank transfers
Bonus withdrawal:Yes, available (see turnover conditions)
Withdrawal rules:No additional rules, sometimes verification of the payment method is required
Withdrawal without verification:Yes, but only cryptocurrencies
➥ Sign up with Binarium for free now!

(Risk warning: Your capital can be at risk)

Steps to withdraw money from Binarium

Withdrawal money

The notable benefit of a Binarium is that you can withdraw all your profits easily without any complicacy. It involves the following three simple steps:

Step #1 – Log into your Binarium account

The Binarium login form
Log into your Binarium account

Log in to Binarium using your personal information (email/ phone number). Make sure to use the correct login details to avoid any issues.

Step #2  – Navigate to the top bar of the platform and click on the red deposit button

The Binarium deposit button
Navigate to the deposit button

After successful login, navigate to the top bar of the platform. Here you will find “Deposit” on the right-hand side. Click on the red button.

Step #3  – Click on the ‘bank‘ button

How to withdraw money on Binarium
Click on ‘Bank‘

After you have clicked on the red deposit button, click on ‘Bank‘. This will open up a list of options from it.

Step #4 – Select ‘Withdrawal‘

The withdrawal button on Binarium
The withdrawal button on Binarium

Select “Withdrawal”. This section also allows you to contact support if you have any questions.

Step #5  – Complete the withdrawal

The Binarium Withdrawal section
The Binarium withdrawal section

Select your preferred withdrawal method, enter the amount, and click the “Withdraw” tab. Gladly, it is easier than you think. 

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(Risk warning: Your capital can be at risk)

Maximum withdrawal limit available on Binarium 

The maximum withdrawal amount per transaction with Binarium can be $250, €250, A$250, ₽15,000, or ₴6,000. These limits have been enforced to facilitate quick transactions. If you want to withdraw a more significant amount, you can do it by conducting multiple transactions. However, the number of transactions you can conduct will depend on your trading account type. 

Mentioned below are the trading account types available with Binarium:

#1 Start

  • Deposit amount between 5-99 $. 
  • 25 assets for trading. 
  • One withdrawal request per day. 
  • The withdrawal limit per day is 200 $.  
  • The withdrawal limit per month is 1000 $. 

#2 Standard

  • Deposit amount between 100-499.99 $.
  • 29 assets for trading. 
  • Two withdrawal requests per day. 
  • The withdrawal limit per day is $ 500. 
  • The withdrawal limit per month is $ 2500. 

#3 Business

  • Deposit amount between 500-1999.99 $.
  • Withdrawal processed in a single day. 
  • Five withdrawal requests per day. 
  • 33 available trading assets. 
  • The withdrawal limit per day is $ 1000.
  • The withdrawal limit per month is $ 20,000. 

#4 Premium

  • Deposit amount between 2000-4999.99 $.
  • Five withdrawal requests per day. 
  • 53 trading assets. 
  • The withdrawal limit per day is $ 5,000. 
  • The withdrawal limit per month is $ 50,000.

#5 VIP

  • Deposit amount from 5000 $. 
  • Withdrawal at the first request. 
  • Unlimited withdrawal requests. 
  • 57 trading assets. 
  • The withdrawal limit per calendar day is $ 15,000.  
  • The withdrawal limit per month is $ 100,000. 
➥ Sign up with Binarium for free now!

(Risk warning: Your capital can be at risk)

Minimum withdrawal limit

Binarium also imposes a minimum limit on funds that you can withdraw from your account. The minimum amount you can withdraw is $5, €5, $A5, ₽300, or ₴150.

Deposit and withdrawal fee

Binarium does not charge any deposit or withdrawal fee. Instead, it levies a payment system fee at the time when you add or withdraw money from your account. 

Nevertheless, if the sum of your trades is not at least as double as of your deposit, you may be exempted from the 10% fee applicable on your withdrawal capital. 

Funding and withdrawal options available on Binarium 

Binarium works with all major payment systems. You can make deposits and withdrawals via:

  • Debit/credit cards (Visa/ MasterCard/ Mir Credit Card).
  • E-wallets (Qiwi/Yandex.Money/WebMoney/Neteller).
  • The platform also accepts cryptocurrencies (Bitcoin/Litecoin/Ripple/ Ethereum).

Withdrawal processing time 

Withdrawing funds from Binarium requires the trader first to undergo a verification process. If you comply with all prerequisites and your account is successfully verified, it will process your withdrawal request within an hour. However, if your profile is not verified, it could take up to three business days to complete the request. 

Note: Withdrawal requests by Binarium are only processed during its operating hours, i.e. (09:00–22:00 (GMT +3), Monday to Friday). Moreover, on weekends the company handles limited requests. 

Binarium - Economic calender

Binarium withdrawal policy

Binarium offers you the safest environment to trade. It follows stringent policies to safeguard its users against fraud and money laundering activities. In order to ensure this, before submitting a withdrawal request, a trader is required to undergo the mandatory verification process. 

Furthermore, the transfer is initiated to those bank accounts only that are previously linked to your Binarium account for executing transactions. However, if you want to update your account or if your account is no longer in existence, you can approach the Binarium customer support team [email protected]

➥ Sign up with Binarium for free now!

(Risk warning: Your capital can be at risk)

Screenshot-of-the-Binarium-trading-platform
Screenshot-of-the-Binarium-trading-platform

Binarium withdrawal verification process

The Binarium verification process begins with completing personal and contact details in the User Profile Section. After successful validation of all details, you are required to send the email below-given documents to [email protected].

List of Documents for Trading Accounts Using VISA, MasterCard, And Maestro Cards:

Document #1 

A scanned copy of the bank card or its high-resolution photo with clear visibility on both sides. Your bank card must clearly display the following details:

  • The first six and last four digits of the card number. The rest of the numbers in the middle must remain hidden. 
  • First and last name of the cardholder. 
  • The expiration date of the card. 
  • Cardholder’s signature. 
  • The CVV code of the card must remain hidden. 

Document #2 

A scanned copy of the cardholder’s Passport or a high-resolution photo displaying the following information:

  • Passport holder’s personal details.
  • Passport’s period of validity.
  • Country of issue
  • Signature and photograph of the passport holder.
  • Bank-issued official statement showing the payment made to Binarium (digital statements from mobile bank app are not accepted).

List of documents for trading accounts using E-Wallets and cryptocurrency:

Document #1 

A scanned copy of the cardholder’s Passport or a high-resolution photo displaying the following information:

  • Passport holder’s personal details.
  • Passport’s period of validity.
  • Country of issue
  • Signature and photograph of the passport holder.

Document #2 

Document issued from e-wallet validating payment made to Binarium. A screenshot of the transaction will also work. In addition, the document should display the list of transactions completed in a particular month when you made a deposit. 

Hiding or editing any detail on the scanned copies of photographs is strictly restricted. Also, funding and withdrawal transactions shall be accessible to the legit account holder only; third-party involvement is prohibited. 

➥ Sign up with Binarium for free now!

(Risk warning: Your capital can be at risk)

Deposit bonus withdrawal

Binarium stands out for treating its users with a good amount of bonuses. You can avail of up to a 100% bonus on your deposit, plus access to numerous free tournaments. However, the withdrawal of this deposit bonus is not immediate. You can withdraw them only when you reach a specific trade volume, 40 times your bonus amount received for topping up your account. 

For instance, suppose you made a deposit to your account and received $100 as a bonus. So, to withdraw your bonus capital, your total trade volume must be $100×40= $4,000. 

Moreover, for no deposit bonuses, your bonus amount should be raised to over 50 times. And your withdrawal amount should not be higher than the no-deposit bonus received. 

Essential tips on bonus withdrawals

  • The total turnover for bonus withdrawal will comprise both the profitable and losing trades.  
  • Orders closed at an opening price won’t be counted in the turnover. 
  • Withdrawal from deposited funds that awarded you a bonus will automatically lead to a bonus deduction from your Binarium account. 
  • Binarium strictly prohibits the use of the Martingale strategy (doubling of investment capital). The Binarium platform can easily recognize such trades and hence excludes them from turnover. As such, these trades are deemed invalid and are subject to rejection by the company. 
  • The bonus turnover per trade is no more than 5% of the total bonus amount. 
Binarium - contact info

Some additional points to remember

  • The time consumed in the transfer of funds may vary depending on your chosen payment mode. 
  • Withdrawals processed to bank cards can take multiple business days to reach your bank account. 
  • Withdrawals to e-wallets are completed within an hour of request approval by the Binarium finance department. 
  • If your funds haven’t been credited within a given time frame, reach out to the Binarium support team for assistance. 
  • Lastly, to avoid any discrepancy or rejection of your withdrawal request, make sure to furnish your profile details and account information accurately. If you have entered the wrong information, you can edit them through Profile settings. 

Common withdrawal problems on Binarium

On the popular trading site Binarium there have been reports of withdrawal problems. We’ve tried to list some of the most common problems and how to solve them:

While Binarium offers a number of ways to withdraw, some may not be available where you live. Due to bank holidays or technical problems, withdrawals may be delayed. Please contact support if you can’t find a withdrawal option that works for you.

When requesting a withdrawal from Binarium, verification of your account is a must. Have the necessary documents ready and upload them as soon as possible to avoid unnecessary delays.

Depending on the withdrawal method, the minimum amount you can withdraw from your Binarium account varies. To withdraw money, you must first have at least the minimum amount required.

Each time you request a withdrawal, Binarium will deduct a fee from your balance. The amount of the fee depends on the withdrawal method and the country. Please make sure that you are aware of any fees that may apply before you request a withdrawal.

If you have any problems with Binarium’s withdrawal process, it’s best to be patient and contact customer support. Make sure that your account has been properly validated before requesting a withdrawal.

Conclusion: Withdrawals on Binarium are easy to make

Summing it up, Binarium offers the most hassle-free withdrawal process. It is a reliable and straightforward platform that adheres to high-level service standards. Additionally, considering the ease of use, it is a pretty good choice for both beginners as well as experienced traders. 

➥ Sign up with Binarium for free now!

(Risk warning: Your capital can be at risk)

Frequently asked questions about the withdrawal of Binarium

Is the withdrawal on Binarium free?

Yes, the withdrawal is free of charge on Binarium. However, note that there may be exchange rate fluctuations when you withdraw your funds in foreign currencies.

How long does it take for my funds to arrive?

When you withdraw money at Binarium, it is usually in your account the very next business day. In special cases, the withdrawal may take up to 5 days. If you have any questions, you can always contact Binarium support.

What is required to withdraw funds from Binarium?

The prerequisite for withdrawing funds from Binarium is that you have a valid trading account. Also, this account must be verified, which means that you must have uploaded your identification documents. In addition, you should have deposited money and ideally have earned your first profits, whereby you can always withdraw as soon as your account is filled with funds. Another requirement is that you pay out to a valid bank account or wallet.

What is the minimum withdrawal amount on Binarium?

The minimum withdrawal amount on Binarium is $5.