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7 Binary Options
We have found out that OptionBit has shut down their operations.
We recommend choosing one of our top binary option brokers instead:
|Min. Invest||Min. Deposit||Max. Returns|
|All brokers >>|
|Min. Invest||Min. Deposit||Max. Returns|
Try also Binary Option Robot if you are looking for automated binary trading.
There are various considerations that binary options traders need to take into account prior to investing with ant binary options trading platform. Over the recent past, there has been a growing concern by the traders in binary options, regarding the increased number of scam brokers in the industry. A large number of unsuspecting trades from various parts of the world have fallen victims to such providers and lost their money in the process.
As a result, the traders in this industry have become more vigilant and cautious about the brokers they invest in. At 7 binary options, we have done the investigations for you and tested the various brokers ion the industry. As such, you should not have any doubts about any of the brokers we have listed in our list of trusted brokers. This brings us to the main question here, is OptionBit a safe binary options broker to invest with?
Yes, OptionBit binary options trading platform is a safe and secure trading platform for traders from all parts of the world. Having reviewed the company and operated a trading account with them, we are confident that this is among the best binary options brokers you will come across in the industry. Being one of the fast growing platforms in the world, OptionBit platform has been a subject of discussion among many binary options traders in the recent past. Over the period that this broker has been operational, it has offered nothing, but the best binary options services. This is one of the reasons why all the traders using this platform are highly satisfied with its services.
The OptionBit banking system is also very secure and easy to use. As such the money in the account is always safe and secure. The withdrawal and deposit processes from and into OptionBit traders’ accounts are also seamless and secure. This being the case, OptionBit is a safe and secure binary option trading platforms to invest with in the binary options market. The binary options trading platform on offer by OptionBit is not only safe and secure for binary options traders from different parts of the world, it is also easy to use for both the beginners in binary options trading as well as the experienced binary options traders. Additionally, the company offers reliable customer support services to help their customers, in case they have any difficulties with the various aspects of the OptionBit binary options platform.
The OptionBit binary options trading platform is also committed to ensuring that all the traders using its services flourish, regardless of their experience in the trade. To demonstrate this desire to help their customers succeed in trading binary options, the company is offering risk free demo trading accounts to help their customers learn the trade and build confidence in trading binary options profitably. The company also offers educational materials on its platform, in addition to the supportive customer help provided by the company. This way, the company helps the new traders in binary options master various trading strategies and gain beneficial trading skills to help them succeed in the real binary options trading platform.
Customer Complaints Relating to OptionBit Services
The OptionBit binary options trading platform has been operational for a considerable period now. Over that period, the platform has managed to attract customers from the various parts of the world. The majority of traders using this platform have managed to achieve satisfactory levels of success while trading in binary options on this platform. This may be the reason why there has not been any customer complaints regarding the services offered by this broker until now. The fact that there have not been any complaints by the binary option s traders using the OptionBit platform is a good indicator that the company is not fraud. The company has also established a track recording as a leading provider in the binary options industry, offering a reliable and easy to use trading platform, high quality services and secure transactions. This is why we find this broker a safe and secure investment option for traders looking for a broker to invest with in the binary options world.
Currently, there are numerous complaints online regarding various trading platforms, but none on the OptionBit binary options trading platform. Since its launch, the company has been paying much attention towards ensuring that the traders using its platform get the type of services they deserve. Additionally, there is a quick and helpful customer help desk that solely focuses on solving any questions that the customers may have before such problems transform into complaints on various online platforms. The services on offer by the OptionBit binary options broker are highly satisfactory and transparent. This type of services has generated high satisfaction rates by the many traders using this online binary options trading platform. Provided that a trader has the right strategy, and know how to read the market signs and invest accordingly, they are more likely to profit from trading in binary options on the OptionBit platform, as compared to any other binary options platform.
So far, the OptionBit binary options broker has not received a negative feedback or review by any of the traders using its platform. On the contrary, the company has becomes very popular among binary options traders across the globe. In this regard, the company has managed to build trust among its members and potential traders in the binary options market. Considering the nature of this trade and the services and benefits offered by other brokers in this industry, the OptionBit binary options broker is one of the best investment partners you will eve come across in the binary options industry. The company offers various features to help the beginners in the industry learn how to profit from trading in binary options and the experienced traders to profit even more. With the various features and trading tools offered by this company, it is very easy and convenient for traders, both the beginners and the experienced traders to profit from the trade.
Best Binary Options Brokers: 2020 Ranking
Is This Broker Regulated?
Prior to investing your money with any of the online binary options brokers available today, it is highly advisable that you carry out some research on the broker. The regulation on a broker is particularly an aspect of interest among many binary options brokers today. At 7binary options, we are committed to researching the various online binary options brokers and availing the truthful information to our readers so that they can invest with the right brokers only. Being regulated ensures that a broker stays in line with the stipulated laws and regulations of the regulator. As such, regulated brokers are a top choice for traders looking foreword to investing in this market. The OptionBit binary options trading platform is registered in Cyprus. This being the case, the broker is regulated by a well renowned regulating body across the globe, the CySEC (Cyprus Securities and Exchange Commission).
The broker was regulated by CySEC back in 2020.since then; there no case of malpractice by the broker has been reported. The regulated state of the broker has also gone a long way in building trust between the broker and its customers across the globe. When investing in the financial market, it is common for traders to be cautious about the brokers they use. The fact that OptionBit is regulated is an indicator that it is a safe, secure and reliable investment partner in the industry.
In addition to investing in binary options with this broker, traders also have an opportunity to trade in an array of other financial instruments that are allowed by the broker on its platform. The binary options trading platform offered by this company is also very easy to understand and use. As such, it is easy and simple enough fir the beginners in this trade to understand and successfully trade in binary options. If you happen to be a professional binary options broker, you also have a chance to sign up with and start profiting from the various assets provided by the company.
Despite the fats that the OptionBit binary options trading platform is regulated, it is able to offer returns that are above average for its traders. This is a benefit, bearing in mind that the other regulated brokers in this industry are only capable of offering average returns. In addition to the high returns on investment, the platform on offer at OptionBit is easy to use, well organized and features a seamless design. As such, it is one of the best binary options trading platforms in the industry today. This leaves the traders, both experienced and the inexperienced with an opportunity to make considerable profits while making predictions in the financial market.
Among the revolutionary features that you can come across when trading in binary options on this platform is the VIP binary options trading accounts. This type of account was specifically designed with the professional traders in mind. The Optionbit VIP accounts present an opportunity for the serious traders to make good returns on their investment in the binary options market. If you consider yourself as a serious professional trader and are looking for an opportunity to reap the best returns on your investment, you should consider opening a VIP account with Optionbit. With the VIP account, you will have the opportunity to be treated as a professional binary options trader that you are. While trading in binary options, you will come across various aspects that need clarification from time to time. While operating the VIP account, all the issues that you may have will be addressed professionally by the customer service team in the shortest time possible.
With the Optionbit VIP accounts, traders can swiftly and directly get in touch with the market analysts at Optionbit. To achieve this, you can call the analytics through the number provided by the company on its website during office hours. This allows for immediate feedback on all issues that you may have while trading in binary options on this platform. In addition to the timely and professional customer help provided by the Optionbit VIP account, traders also have horde of benefits to reap from operating these accounts. For instance the withdrawal process with the Optionbit VIP account is much faster, as compared to withdrawals from a normal Optionbit account. In this case, the trader can get his or her money 3 to 5 days after making the withdrawal request. Again, the VIP account allows traders to get immediate funding, through the special investment funding; hence take advantage of a viable market position.
The Welcome Bonus at OptionBit
The OptionBit broker has a reward scheme in place, not to attract customer to its binary options trading platform, but rather to enhance the likelihood of its customer to make more profit while trading binary options. The welcome initial deposit is one such offer by this company. Basically, not all the investment strategies that you try in the world of binary options will yield positive results. By offering an initial deposit bonus, the company increases the investment capital of its customers. This way, traders can invest in more options with minimal risk to their invested amount.
The company offers an impressive bonus scheme for the traders in its binary options trading platform. As compared to the other brokers in this industry, OptionBit offers comparatively high initial deposit bonus of up to 100 percent. To benefit from this promotion, you just need to open an account with the broker and make the initial deposit, as required by the broker. With OptionBit binary options broker, you can get bonuses of up to $500 on your initial deposit; hence increase your investment capital proportionately. The company also offers a diverse investment environment, with more than 30 assets for traders to trade in. The initial deposit offered by this company is a magnificent way for traders to start of their binary options trading carrier and profit from trading the various financial instruments provided by the platform.
Whenever you start investing in a binary options market, one of the most common considerations that a lot of people usually worry about is how they are going to withdraw their earnings. There are so many people who have been asking about OptionBit withdrawal and how this can be done. It is only common sense that you want to learn as much as you can about OptionBit withdrawal and some of the strategies behind it.
One of the main reasons why we always encourage people to learn as much as they can about OptionBit withdrawal is so that we can be able to prevent sprawling propaganda all over the internet. Today there are individuals who do not follow instructions, neither do they read them, and as soon as they encounter a technical hitch or any problem that is of their own doing, they run all over the internet and start spreading rumors of how OptionBit withdrawal is a scam. Well, today we are going to set the record straight and show you everything that you need to know.
The Withdrawal Process at OptionBit
The optionbit binary options broker allows the traders on its platform to make a withdrawal form their accounts at any time they feel like withdrawing from their accounts. The withdrawal process at OptionBit is easy and very secure. The process is essentially supported by Radiologic, a modern money processing technology that is designed to offer safe and secure investment and money transfer. The ease of the withdrawal process is further enhanced by the easy to use OptionBit binary options trading platform. Additionally, the broker is also regulated, hence closely monitored by the regulating body to ensure that it offers satisfactory financial services, in accordance with the regulator requirements.
As it is, following the market trends, analyzing the provided charts for various assets and reading the binary options trade signals in order to make correct predictions in the financial market is not an easy task. This is to say that it can be quite challenging and demanding for traders to continually profit from trading binary options. In this regard, there is not point of going through the same rigorous process to withdraw and get your profits from the platform. This is partly the reason why the company has committed to availing an easy and faster withdrawal process for its customers. Over the years that the broker has been in business, it has continued to work on improving the withdrawal process for its customers. If you encounter any problem while withdrawing from your OptionBit account, you can also get assistance from the customer assistance professionals at OptionBit.
a Complete Guide for Binary Options Trading
We have found out that OptionBit is closed.
We recommend choosing one of our top binary option brokers instead:
|All brokers >>|
Try also Binary Option Robot if you are looking for automated binary trading.
Binary options trading can be a very lucrative practice for many; the learning curve is not very steep and thus even the ‘average Joe’ has the potential to be a successful trader. The same cannot be said of many other established trading practices such as commodities or even foreign exchange which require more specialized knowledge. The downside is that unlike other trading practices, binary options are largely unregulated, and many unscrupulous brokers target unsuspecting customers with lures of large bonuses and seemingly high returns. Outright fraudulent practices are also unfortunately not uncommon, and that is why review sites such as this one exist, in order to help customers make better-informed choices when selecting their preferred binary options broker.
With that being the case, the question of whether a particular broker is safe or a scam is an extremely common one. That is why we examine each broker very closely by reading independent reviews and trying it out ourselves before making our own opinion about each particular binary options broker.
Now, let us take a look at OptionBit. Our assessment of this broker has gone quite successfully, revealing many positive features that set this broker apart from many competitors. In this article, we’ll be looking into some more details about this broker and its security characteristics.
To begin with, OptionBit is currently regulated by CySEC (Cyprus Securities and Exchange Commission) which currently regulates the majority of European binary options brokers. Any broker licensed by this regulatory body undergoes many procedures that aim to reveal whether or not it can be trusted.
Going back to the question asked at the beginning: is OptionBit safe? Well, let’s just say that we would trade there ourselves without any hesitation. Even with so many other great binary options brokers out there, OptionBit is still an incredibly attractive and interesting choice to make. Let’s see what it has to offer.
The first question any trader considering trading with OptionBit will probably ask is whether or not there are any rightful complaints about this broker. Other than checks with official regulatory and registry bodies such as the ones discussed above, another way to determine the legitimacy of a particular binary options broker is keeping a look out for customer complaints. Often such complaints will be posted as comments on review sites or on specific trading forums. While complaints can definitely help paint an overall picture of a broker, we caution against relying too heavily on such complaints due to one reason: oftentimes, the complaints themselves lack legitimacy!
You see, as the binary options broking market is largely unregulated with minimal barriers to entry, there is a multitude of choices available to customers, and thus, competition is nothing short of ferocious. Most, if not all, binary options brokers, legitimate and illegitimate alike also utilize generous affiliate marketing programs to promote their services. These two factors mean that customers should read customer complaints and reviews with a critical eye, as it is not unlikely that some, or even more than some of these complaints are nothing more than attempts by competitor brokers and their respective affiliate marketers to discredit others while promoting their own. It is not uncommon to see the same complaint about a broker being copied and pasted multiple times across numerous sites.
That being said, there are also review sites which claim that they received plenty of complaints against a certain broker, and those sites (usually accompanied by suspiciously poor English grammar and sentence structure) typically do not bother to dig deeper into its broker reviews, trusting any rumors that are out there.
All that aside, are there any legitimate complaints that people have with OptionBit? Well, after scouring the Internet, we found that the main issues that former OptionBit customers had with the broker were withdrawal difficulties and some minor usability issues. The former, withdrawal difficulties, is probably the most common complaint seen in this industry, and it is not surprising as often it has nothing to do with a broker itself but rather some banking problems that lead to this misunderstanding. However, we note that the sheer volume of customer complaints relating to withdrawal difficulties at OptionBit was much lower compared to its competitors.
The second complaint that we saw was quite minor and related to the fact that some traders had some initial difficulties finding some features or statistics on the page during their first days trading. This is also rather common, as we all know it takes some time to get used and feel completely competent using a new website, no matter how user-friendly and well-designed it is. Luckily, the broker also offers great customer support that is there 24/7 to help new users with their difficulties.
To summarize, while complaints themselves should not function as a primary barometer when evaluating a broker but more as a secondary one; when considering the small number of complaints against OptionBit coupled with their nature, the broker can be said to have a rather high customer satisfaction rate.
Is OptionBit regulated? We answered that question in detail above; CySEC regulates this particular broker, making it a very attractive option to chose among other.
One thing we noticed about OptionBit is how few account packages they offer. While most binary options brokers offer anywhere from 3 to 5 account packages (usually from starter all the way up to VIP), OptionBit offers 3 account packages: Mini, Standard, and VIP. They also have a ‘Diamond’ account package, however, that is something you obtain after trading with the broker for some time
The VIP account package enjoys welcome bonuses of up to 75% plus loyalty bonuses of up to 100%. They also get twice daily market reviews, 2 free monthly withdrawals, unlimited 1-on-1 trading sessions as well as a ‘market expert’ (which based on customer complaints, would more than likely be an expert salesman who is paid by how much he can convince the VIP member to keep depositing in his trading account) as a personal account manager.
Overall, the incentives offered to its VIP customers are quite attractive when compared to its competitors. Typically, VIP members on other brokers would receive at lower bonuses, maximum 1 market review a day. To conclude, when it come to account options, OptionBit is slightly above average.
OptionBit Welcome Bonus
Like most brokers, OptionBit offers welcome bonuses to entice potential customers. Such welcome bonuses are set at a maximum of 30% for their Mini package, 50% for their Standard package, and 75% for their VIP package. It is further noted in their terms and conditions page that the maximum amount of bonus that a trader can receive is $10,000. Both bonus percentages offered as well as the maximum bonus amount is somehow higher compared to their competitors, so in terms of bonus amounts, we have to once again rate OptionBit as ‘slightly above average’ compared to the industry.
On an even more positive note, we rate OptionBit’s bonus withdrawal policy as better when assessed against the industry. In the vast majority of cases, brokers stipulate that when a trader’s account is credited with a bonus, that trader’s account funds, including the original deposit cannot be withdrawn (usually barring severe financial penalties) until a certain minimum trading volume is met. This minimum trading volume is usually calculated as a multiplier, typically in the 20 to 60x range, of the trader’s total account funds, being the original deposit plus the credited bonus. Clearly, this policy is one that is open to abuse, as a small bonus amount can be used to lock in a trader’s deposits, however large they may be. As such, we look negatively upon this practice, despite it being an industry standard.
In OptionBit’s case, the multiplier is set at 30x, which is on the lower end, however, it is also applicable to the bonus amount and not the total account funds, meaning that the absolute minimum trading volume would be much lower compared to its competitors. Further, OptionBit also offers traders the option to withdraw their original deposit amount even prior to the minimum trading volume being met; the only penalty is that traders will forfeit the bonus and any subsequent profits. This is far more permissible compared to the general industry standard although still not as good as some brokers which keep bonuses and deposits completely segregated until the minimum trading volume is met, meaning that original deposit trader’s funds amounts can be withdrawn without any penalty whatsoever. Nevertheless, we still look positively upon OptionBIt’s bonus policy, and we also like that they explicitly state that traders are free to reject any bonuses offered. This indicates that the bonus policy is unlikely to be abused.
Is OptionBit safe?
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There are several questions that people will certainly want to ask about OptionBit? It is only natural that such questions arise, especially when you take into consideration the fact that binary options trading is something that is fast gaining popularity all over the world. This is one of the main reasons why you have to get to know all you can about OptionBit and ensure that you protect your investment. As a guarantee, this is an investment platform that has since attracted a lot of people all over the world therefore you can rest assured that security is not an issue.
There are several benefits that you will gain from trading with OptionBit which you can consider while trying to figure out whether or not the investment platform is a very good one for you. One thing that you can be guaranteed however is that it is indeed one of the best investment decisions you will ever make in your life. When you come to think about it, there is no other investment you will ever need to make that is as profitable as this one in as far as binary options trading is concerned. This is why you should learn as much as you can about OptionBit.
So, in terms of security OptionBit is a really safe platform that you can use for investing. There are several reasons behind this, and it is for the same reason that you will need to ensure that you at least have an idea about what you are investing in. The platform under which OptionBit is operated is a secure one, very easy for you to use and you will no longer need to spend some money hiring someone else to do the work for you. It does not matter whether you are a beginner or a professional in binary options trading, you will be able to use OptionBit to the best of your understanding and see your finances flourish.
One of the other reasons why you should consider investing through OptionBit is because they actually spend a lot of time trying to make sure that beginners are able to learn a thing or two that will get them ready to trade like professionals. Apart from the free eBook that is provided, you can also open a demo account that will help you learn the tricks necessary.
When you take this into consideration there are so many people who are worried about OptionBit complaints we have received no complaints so far. In as far as our investment platform is concerned there are no OptionBit complaints we have received no complaints from our clients so far which means that people are happy with what we are offering them so far. It is easier for people to invest where they are not getting complaints because this is one of the easiest guarantees that their investments are safe.
From time to time you will come across complaints online about other trading platforms, but as a guarantee you can be sure that you will not find any OptionBit complaints we have received no complaints about this one. One of the main reasons behind this is because we spend a lot of time trying to make sure that we give every one of our clients just what they need, transparency. It is as a result of transparency that at the moment we have OptionBit complaints we have received no complaints so far. To do this, we ensure that we have an open platform wherein the investors are able to learn what to do on their own, and invest as wisely as they deem possible. This is why we have had no OptionBit complaints we have received no complaints so far, and a lot of people trust us.
When you consider the nature of binary options trading, you will be in a good position to appreciate the fact that we do not have any OptionBit complaints we have received no complaints to worry about so far. The reason behind this is because in terms of binary options trading, there can only ever be two options, a profit or a loss. However through the tools that we have in place you are able to learn everything you can within a short time such that you can easily make your profits. This is also another reason for OptionBit complaints we have received no complaints.
Before you get into any investment platform so far, it is always a good idea to do a background check on it to find out everything that you can about it. This will not only go so far in making sure that you are able to appreciate whatever you can about it, but will help you have a clear mind, a clear conscience whenever you are investing. With OptionBit regulated you can be sure that your investment is safe at all times. OptionBit regulated is registered in Cyprus, and for the same reason it is monitored and regulated under the CySEC, Cyprus Securities and Exchange Commission.
OptionBit regulated has as a matter of fact been providing financial investment services from as early as 2020 in different fields, and because of this you can be sure that you do not run any risk when you are investing through them. It is common that people usually get cold feet when investing in the financial markets because they are never so sure about what the platform is all about. However, with OptionBit regulated everything is transparent and you do not need to worry about not getting the true value of your money.
One of the other things that are rather encouraging in as far as OptionBit regulated is concerned is that you are able to invest in binary options and a whole lot of other financial instruments that are available. The platform is so simple and anyone can start investing at any given time. You do not necessarily have to be a professional to be able to get the best out of it all. Once you are on OptionBit regulated you can easily learn your way up from a beginner level to the point where you become a professional and start making lots of money.
While other investment platforms promise you normal returns which can actually be considered average, with OptionBit regulated you are sure of more than just that. Their returns so far are above average, and it is because of this that so many other people take their time and try to make sure that they can get their hands on as much of the investment returns as possible. It is user friendly, easily designed and well organized, much to the appreciation of a lot of the investors who spend so much of their money on the platform, trying to earn as much as they can from different financial positions.
One of the things that a lot of investors try and make use of is the Optionbit VIP account. On the face of it you can easily assume this to be something out of this world, but when you come to think about it, this is just but a means of ensuring that those who are serious investors are able to make the best use of their investment. When you get to the Optionbit VIP level, you realize a whole lot more to this investment than ever before.
One of the main benefits of being an Optionbit VIP is that you will be able to get preferential treatment whenever you need to find out some information. When you consider the fact that people are investing all over the world, you can understand that there are questions arising from time to time, and of course these have to be dealt with on a first come first served basis. However, as long as you are an Optionbit VIP you get to override this protocol and get support as soon as you need it.
One of the common places where this comes in handy is when you need to get in touch with the market analysts. As long as you are an Optionbit VIP you will be given direct access to the market analysts and you can always get to them during office hours by calling in. This is a better way of interacting with the team because you will be able to get immediate feedback as soon as you want it. This also makes it easier for you to make quick make or break decisions that affect your investment as an Optionbit VIP.
Apart from just being able to get in touch with the market analysts, you receive other benefits as an Optionbit VIP. First of all, whenever you are processing your payment withdrawals, you will be able to get them sorted out within a 3-5 business day period as compared to the normal investors. Besides that you have access to special investment funding which you can use whenever you need to get immediate funding to take advantage of a market position. Therefore being an Optionbit VIP is one of those things that you will no longer need to take for granted because you can actually use this to improve your investment returns.
OptionBit Welcome Bonus
This regulated broker, due to CySEC’s decision, no longer provides binary options bonuses!
Have you already signed up for a new account and applied for the OptionBit welcome bonus? What are you waiting for? There are so many benefits that you will get from using this trading platform that will really make the OptionBit welcome bonus enticing. Even as you are getting into this investment, it is important for you to realize that it is a whole lot more than just putting down your money and hoping for the best results in return. There are a lot of individuals who have since tried their hands at this investment strategy and going by the number of those who are still coming back for more all the time, you can be sure that at least it is a worthwhile investment so far.
Not so many binary option traders offer you the kind of bonus that you will get with OptionBit welcome bonus. This is perhaps one of the main differences between this and the rest of the other platforms. There are those who are only looking for you to sign up and start trading with your money. In as much as this spur of the moment idea can be enticing, it is not always a very good idea. Take into consideration the fact that as soon as you sign up, you become a mainstream investor.
With the OptionBit welcome bonus as high up as $500, there is every reason for you to make sure that you get your hands on this. There are more than 30 assets or financial instruments within which you can trade and spend this OptionBit welcome bonus in the hope that you will see it bear some returns in the process. This is a very encouraging way to start your binary options trade because you do not only stand a chance to improve on your base level investment, but you are also in a good position to go ahead and maximize on it with the bonus that has been provided to you.
OptionBit withdrawal starts at $30
With OptionBit the minimum amount for withdrawal is surprisingly low –$30, but keep in mind that additional fees may apply. Traders can choose between Skrill, credit cards, bank wire, Neteller, PaySafe cards, Webmoney, Yandex and Qiwi.
In order to make withdrawal follow these steps:
• Find the withdrawal button. It is placed on the bottom of cashier page
• Choose the amount you want to withdraw and payment method
• Send request and submit all necessary documents for the validation process.
It is important to mention how, in case trader made a deposit by credit card, maximum withdrawal can only be amount deposited. All additional funds are transferred to the bank account. While there are no fees for depositing, only the first withdrawal in a month is free. Other withdrawals are charged with $30.
Traders can also cancel their withdrawal request. All they need to do is click the ‘withdrawal request’ tab in the cashier, find the request and click ‘approve’. All transactions are supported by TradoLogic, technology developed for safe money transfers so traders can be sure their funds are not in danger. The funds are transferred in seven days from the day the withdrawal is accepted.
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