WebMoney is a secure online payment system with more than 28 millions users around the world. WebMoney was founded in Russia in 1998. It originally only provide services for Russians but it later extend the online payment system to other countries worldwide. WebMoney offers multi currency accounts that are called purses. Every purse is protected with a guarantor financial institution that is responsible for issuing the currency in e-currency. There are lots of binary options brokers accept WebMoney for deposit and withdrawal.
Binary Options Brokers that Accept Webmoney
24Option
24Option is an EU regulated broker founded by several professionals who understand the needs of the traders. 24Option is great for brokers who are looking to make a big profit. They offer a payout percentage of 89% which is slightly higher compared to others. 24Options offers an unique trading platform that features bold black background and gold buttons. The platform offers multiple views so that you can see all the important information on one screen.
Stock Pair
Stock Pair is a reputable EU regulated broker that offers professional charting tools, high payout, and good customer support. Stock Pair develops a powerful proprietary platform that allows you to measure the stock strength. Their platform offers many advanced trading tools. The charting tool is user friendly so you should be able to easily become familiar with it.
Trade Rush
Trade Rush is a reliable broker that is loyal to customers. They surround customers with a rich resources of educational materials on binary options trading. They offer an efficient trading platform with a large selection of assets and trading tools. They provide high payout and welcome bonus programs for traders. Besides, they also have a low minimum deposit and transaction requirement.
TopOption
TopOption is a regulated broker that operates under Safecap Investment Ltd. TopOption is a backed by advanced security systems to offer a safe trading experience for traders. All transactions are covered with insurance compensation funds. TopOption provides an efficient web based platform that offers a wide selection of trading tools and assets. They also offer a good education center.
uBinary
uBinary is a new broker founded in 2011. uBinary has headquarters in Belize and UK. They accept US and UK traders. Ubinary is a subsidiary that belongs to the PPT Capital Ltd. Ubinary provides one on one coaching for traders. They offers a high payout and a generous welcome bonus prgram.
Binary Options Brokers that Do Not Accept Webmoney
Boss Capital
Founded in 2014, Boss Capital is already making good progress in the industry. Boss Capital operates under a company called Marblestone Partners Ltd. They offer a Tech Financials trading platform that features a wide variety of assets, contracts and expiry time. They accepts US clients.
Porter Finance
Porter Finance is run by a company called Runing Forest Partners Ltd which has a headquarter in London. Porter Finance started its operation in 2015. They offer the latest version of SpotOption Gen 2 platform that features technical indicators that can help you to generate effective trading signals.
OptionsHouse
OptionsHouse is a leading broker that has been in operation since 2006. They offer one of the lowest per-contract fees and commissions in the market. Their virtual platform offers an extensive range of trading tools.
WebMoney Versus Credit Card
WebMoney is ideal for people who don’t own a credit card. WebMoney transactions are final so you don’t have to worry about the money getting reversed due to a charge back.
WebMoney Versus Bank Wire
Bank wire withdrawal can take longer time as your bank has to process the withdrawal. With WebMoney, you can expect to see the funds in your account in 1 day if you do a direct deposit. The money can be withdrawed instantly if you have a VM card. Most brokers will transfer the funds into your Webmoney account in 24 hours after processing the withdrawal request.
WebMoney charges a lower withdrawal fee compared to bank wire. With bank wire, you not only pay the fee your broker charge but also the fee your bank charges you. The withdrawal fee is about 1% – 3.5% if you use Webmoney.
WebMoney Alternatives
The best alternative to WebMoney is Paypal. If you cannot register for Paypal, you can use Skrill, which is known as Moneybookers formerly. You can also try other online e-wallets such as Payza and Neteller. Payza, formerly known as AlertPay is an increasingly popular payment solutions in the binary options industry. Neteller is a secure online wallet that operates under Optimal Payments PLC. Neteller supports customers in more than 180 countries.
Conclusion
In conclusion, WebMoney is a global e-currency solution that supports many different types of currencies to help you save money on the exchange rates. There is no need to have a bank account or credit card to sign up for an aaccount. There are many ways for you to withdraw the funds in your WebMoney account including money order, bank wire and ATM.