24option Deposits, Withdrawals and Payouts


This Answers the Following Questions:

How to deposit money in 24option?
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What is the minimum deposit for 24option?
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Does 24option payout?
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How long does it take to withdraw money from 24option?
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How to get money back from 24option?
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How to withdraw from 24option?
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What are the accepted currencies in 24option?
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What payment methods does 24option accept?
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What are the withdrawal fees in 24option?
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What is the minimum withdrawable amount in 24option?

Banking with 24option is convenient and easy. Once you’re logged in on the platform, you just need to click on “Banking”.

That’s where you can make deposits, withdrawals and transfers and track all of your pending and completed banking transactions.

24option banking
24option banking

Depositing Funds into Your 24option Account

If you wish to fund your account, all you have to do is click on “Deposit” button on the upper right section of platform.

Risk Warning: Trading forex and/or CFDs involves significant risk of loss. CFDs are leveraged products and it is possible to lose more than your initial investment.

Alternatively, you can access the “Banking” menu and then click on the “Deposit” tab which will bring you to the same page.

24option Deposit page
24option Deposit page

Risk Warning: Trading forex and/or CFDs involves significant risk of loss. CFDs are leveraged products and it is possible to lose more than your initial investment.

Accepted Currencies

Below are the currencies that you can use for making a deposit.

  • US Dollar
  • British Pound
  • Japanese Yen
  • Euro
  • Ruble

24option accepted currencies
24option accepted currencies

Risk Warning: Trading forex and/or CFDs involves significant risk of loss. CFDs are leveraged products and it is possible to lose more than your initial investment.

Look:

You need to choose one of these currencies during the registration process. Once you have selected a currency, you will not be able to switch to another one anymore.

Supported Payment Methods

You can transfer funds into your account via one of the following methods:

  • Credit/Debit Cards: Visa, MasterCard, Discover, Diners Club, Switch, JCB
  • Electronic Payments: Skrill, Neteller
  • Wire Transfer
  • Alternative deposit methods

24option supported payment methods
24option supported payment methods

Risk Warning: Trading forex and/or CFDs involves significant risk of loss. CFDs are leveraged products and it is possible to lose more than your initial investment.

Remember:

Be sure to enter your correct payment method details to avoid any delays in funding your account. Double check that you entered the correct account number and the full name under this account.

Minimum Deposit Amount

You can deposit the minimum amounts into your account:

  • Credit Cards and Electronic Payments: $100/€100/£100
  • Wire Transfer: $1000/€1000/£1000
  • Alternative deposit methods: You need to contact your account manager.

24option minimum deposit amount
24option minimum deposit amount

Risk Warning: Trading forex and/or CFDs involves significant risk of loss. CFDs are leveraged products and it is possible to lose more than your initial investment.

Deposits via credit card or electric payments are usually credited immediately into your account. Wire transfers, on the other hand, may take up to 5 business days.

Maximum Deposit Amount

Look:

24option maximum deposit amount
24option maximum deposit amount

Risk Warning: Trading forex and/or CFDs involves significant risk of loss. CFDs are leveraged products and it is possible to lose more than your initial investment.

There’s a maximum deposit limit of $10,000/€10,000/£10,000 daily and $40,000/€40,000/£40,000 monthly for credit cards.

For the maximum deposit limits of other deposit methods, please get in touch your account manager.

Making Withdrawals with 24option

Like deposits, withdrawing money from your account is also very easy and secure.

On the Banking page, click on the “Withdrawal” tab and fill out the required fields to proceed.

24option Withdrawal tab
24option Withdrawal tab

Risk Warning: Trading forex and/or CFDs involves significant risk of loss. CFDs are leveraged products and it is possible to lose more than your initial investment.

Look:

All withdrawals are credited back to the original payment method that you used to fund your account.

If the amount that you choose to withdraw is greater than the amount you originally deposited via credit card, the remaining value shall be given to you via wire transfer.

This is the reason why you will be asked to provide your banking details.

24option withdrawal request form
24option withdrawal request form

Risk Warning: Trading forex and/or CFDs involves significant risk of loss. CFDs are leveraged products and it is possible to lose more than your initial investment.

Minimum Withdrawable Amount

The minimum amount that you can withdraw from your account is $10/€10/£10. Such a small value gives you the liberty to cash-out even a small sum.

Withdrawal Processing Time

Here’s the deal:

A verified account will ensure that your withdrawal request will be processed without any delays and this could only take around the same day or the next working day.

If this will be your very first withdrawal, you need to provide 24option the following documents to verify your account. This is also in compliance with their anti-money laundering policies.

24option account verification
24option account verification

Risk Warning: Trading forex and/or CFDs involves significant risk of loss. CFDs are leveraged products and it is possible to lose more than your initial investment.

  • Official ID with picture: Any active passport, driver’s license or official ID document issued by your government.
  • Proof of address: Can be your bank or credit card statement or utility bill (phone, water or electricity) for the last 6 months.
  • Front and back of credit card showing only the last 4 digits (only if you used a credit card)

Withdrawal Fees

Withdrawals are subject to the following fees depending on the payment method that will be used:

  • Credit Cards: 3.5%
  • Wire Transfer: $30/€24/£20
  • Electronic Wallets: 0.9% to 3.5%

24option withdrawal fees
24option withdrawal fees

Risk Warning: Trading forex and/or CFDs involves significant risk of loss. CFDs are leveraged products and it is possible to lose more than your initial investment.

Here’s the deal:

Initial withdrawals are usually not charged with a fee. And if you want a lowered fee, you might want to sign-up for a Gold or Platinum account.

Transferring Funds Between 2 24option Accounts

If you have more than one account from 24option and wish to transfer the funds to another account, you can do so by going to the “Transfer Money” tab.

This broker will not charge any fee as long as the account is both under your name (*terms and conditions apply).

24option Transfer Money tab
24option Transfer Money tab

Risk Warning: Trading forex and/or CFDs involves significant risk of loss. CFDs are leveraged products and it is possible to lose more than your initial investment.

Tracking Your Banking Transactions

If you want to monitor your pending deposits and withdrawals, you can view them all under the “Pending Requests” tab.

This will list all the banking transactions that you made that are still not completed or are in process.

24option Pending Requests tab
24option Pending Requests tab

Risk Warning: Trading forex and/or CFDs involves significant risk of loss. CFDs are leveraged products and it is possible to lose more than your initial investment.

If you wish to see all your previous completed banking transactions, click on the “History” tab.

What’s the real story?

You’ll be able to track them here complete with the transaction date and time, action taken, payment method that was used and the amount that was credited to and debited from your account.

24option History tab
24option History tab

Risk Warning: Trading forex and/or CFDs involves significant risk of loss. CFDs are leveraged products and it is possible to lose more than your initial investment.

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