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  1. #1
    Junior Member irfan4fun's Avatar

    Which Withdrawal Type is Best ? !!!

    Dear Sir/Madam,

    I m new in Binary world.So i would like to know that which withdrawal type is the best or reliable for India.
    1.less fees charges and transfer fast.
    2.which type u will suggest to withdrawal as u do.
    3.Is there any exchange fees additional.

    Regard by
    Irfan.

  2. #2
    Senior Member Deanfx's Avatar
    Quote Originally Posted by irfan4fun View Post
    Dear Sir/Madam,

    I m new in Binary world.So i would like to know that which withdrawal type is the best or reliable for India.
    1.less fees charges and transfer fast.
    2.which type u will suggest to withdrawal as u do.
    3.Is there any exchange fees additional.

    Regard by
    Irfan.
    Hi Irfan,

    There is wide variety from options how to withdraw your money. With most of the brokers there is no exchange fee, i.e. there is no fee for withdrawals from the broker. However there is some charges from the bank you use to receive the payment via bank transfer or credit card withdrawal. Also other ways are skrill/moneybookers and paypal. International Bank transfers are too expensive some times they will cost you few tens of dollars. I personally prefer to use credit card for many reasons. First deposit is immediate. When I deposit I see my money immediately in my account. A withdrawal takes up to 10 days, but most often 2-3 up to 5 days to arrive in my card. There is only card tax of 1% of the sum, but some banks could offer charge free cards I guess. Paypal is very rare options for deposit and withdrawals and also it takes about 3% of your balance which is not that appropriate, so card transfers are the best! I hope this info will help you!

    Regards,
    Dean

  3. #3
    Rookie Member psctrader's Avatar
    To add on to that, is anyone here using SKRILL? I tried to get a SKRILL card and I am just waiting for it to arrive

  4. #4
    Junior Member irfan4fun's Avatar
    Quote Originally Posted by Deanfx View Post
    Hi Irfan,

    There is wide variety from options how to withdraw your money. With most of the brokers there is no exchange fee, i.e. there is no fee for withdrawals from the broker. However there is some charges from the bank you use to receive the payment via bank transfer or credit card withdrawal. Also other ways are skrill/moneybookers and paypal. International Bank transfers are too expensive some times they will cost you few tens of dollars. I personally prefer to use credit card for many reasons. First deposit is immediate. When I deposit I see my money immediately in my account. A withdrawal takes up to 10 days, but most often 2-3 up to 5 days to arrive in my card. There is only card tax of 1% of the sum, but some banks could offer charge free cards I guess. Paypal is very rare options for deposit and withdrawals and also it takes about 3% of your balance which is not that appropriate, so card transfers are the best! I hope this info will help you!

    Regards,
    Dean
    Thanks for the information Dean

  5. #5
    Legendry Member Michael Hodges's Avatar
    not too many brokers are using Paypal to my knowledge but I think that Skrill, MoneyBookers or almost any other online wallet is the best way. You can use it as a focal point for your bank,cc or other accounts you may be using to fund your binary account and it is by the easiest best way to withdraw in terms of speed and fees etc

  6. #6
    Specialist Member RCox's Avatar
    Quote Originally Posted by Michael Hodges View Post
    not too many brokers are using Paypal to my knowledge but I think that Skrill, MoneyBookers or almost any other online wallet is the best way. You can use it as a focal point for your bank,cc or other accounts you may be using to fund your binary account and it is by the easiest best way to withdraw in terms of speed and fees etc
    I have to agree with Michael here, online wallets like skrill have worked the best for me as far as speed and efficiency. Way of the future!

  7. #7
    Junior Member irfan4fun's Avatar
    Thanks michael & Rcox

  8. #8
    Veteran Member hchandra's Avatar
    Skrill is good, I use it for withdrawal as well as deposits,
    the only problem is base currency, I use Euro as base currency and each time I do transaction I must pay conversion fee around 1-5% (This is from my experience).
    Try to select base currency you want to use more to avoid unnecessary fees

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