Paypal Binary Options Brokers
As you can see from our list of brokers, there are many criteria according to which we categorize our recommended brokers. The main characteristics are the amount of minimum deposit, minimum trade, trading software, offered bonuses, etc. However, one of the things you should definitely consider when choosing a broker is what payment methods does it support.
In this article, we wanted to direct your attention to one of the most popular payment methods there is and those binary options brokers that use it as one of their top choice financial operations providers. We are talking about PayPal, of course.
So why is it so popular and what are the benefits of using this particular method? Let’s find out together!
What is PayPal?
PayPal is a very fast, safe and secure way to send money, make an online payment, receive money or set up a merchant account. It’s an American company has been on the market more than 20 years and has proven its reputation as a reliable financial system. The number of users that use this service around the world speaks for itself: 18 million people.
There are three main benefits of using PayPal. First of all, it allows you to proceed with any of your financial activities without risking your money’s safety. All of the security methods that are used by the system assure that your personal data is safe and the amount of money you transfer reach its destination. Secondly, it gives you full flexibility with your operations online by letting transfer funds of any size at any time. And finally, it is also fast and extremely easy to use. That’s why it is used in 202 countries in 21 different currencies.
And that is also what explains the service popularity in the binary options market today. More than 50% of brokers accept it as a payment method and many of them even have it as their primary deposit and withdrawal tool. This means that both brokers and traders enjoy using this service and very often prefer it over the more traditional payment methods.
Why choose PayPal brokers?
When talking about all the benefits of PayPal that differentiate it from other means of payment, we have to mention the following:
- The security and stability of the system. PayPal has proven to be 100% safe and won the trust of its users.
- PayPal incredible transparency and ease of usage.
- The fact that many binary options brokers use and even prefer this method of payment since it takes less time than others.
- In addition, some brokers even have special bonuses and extra benefits such as shorter transaction time for those traders that choose PayPal as their payment method.
So to conclude, PayPal is one of the best choices for binary options traders when choosing the best deposit and withdrawal system. Top brokers have the options of selecting this method and we think you should definitely give it a try.
|Min. Invest||Min. Deposit||Max. Returns|
|All brokers >>|
References and Further Reading:
- Three forms of innovation resistance: the case of retail payment methods (Isabelle Szmigina, Gordon Foxall)
- The effects of medical group practice and physician payment methods on costs of care (J E Kralewski, E C Rich, R Feldman, B E Dowd, T Bernhardt, C Johnson, and W Gold)
- Wireless payment methods and systems (Joan Myers, Sara Garrison)
- Blended Payment Methods in Physician Organizations Under Managed Care (James C. Robinson)
- Investigating mobile payment: supporting technologies, methods, and use (E. Valcourt ; J.-M. Robert ; F. Beaulieu)