No deposit is required in order to complete the registration process. However, to begin trading Binary Options with tradorax, a minimum initial deposit of 250 USD, EUR GBP or local equivalent needs to be made. Please be advised that you will be required to submit all verification documents for both deposits and withdrawals. For more details please refer to our compliance page.
Step 1 – login to your trading account using the user name and password that was provided to you when you registered.
Step 2 – press on the DEPOSIT button located in the top right side of the page.
Step 3 – choose a deposit method on the right side of the page.
Step 4 – follow the instructions according to the chosen deposit method.
A client may invest with tradorax using multiple methods:
Credit cards / debit cards – The name on the credit card used for transaction with tradorax must correlate with the name on the trading account. tradorax accepts Visa, MasterCard, Maestro, Visa Electron and Diners.
The minimum deposit amount with a credit card is 250 USD/EUR/GBP
Wire transfer – The minimum deposit amount for a wire transfer is 500 USD/EUR/GBP. Any transfer below the amount of 500 will be charged a 25 USD/EUR/GBP fee. The wire transfer must be sent to the exact details which are posted on the deposit page under wire transfer. You must email a copy of the wire transfer to firstname.lastname@example.org It might take up to 5 business days to see those funds in your tradorax account.
CashU – Simply go to the CashU website for information on how to invest using CashU with tradorax. The minimum deposit amount with CashU is 250 USD/EUR/GBP
*** tradorax is working daily on providing our clients more processing and investment methods.
Please be advised:
1) We are unable to accept funds from any source other than the account holders own funds.
2) Account balances will only be updated on receipt of the funds by tradorax.
The currency deposited is determined by the deposit currency selected at registration. This parameter is fixed for each user account and cannot be changed after the account was funded for the first time
At tradorax you can withdraw your funds at any time – it is simple, safe and secure.
In order to withdraw funds you must have the requested funds in your account. Withdrawal requests may be made by accessing the banking page from the main menu bar. You will need to be logged in to access this section.
Withdrawals will always initially be made back to the original deposit source. Money that cannot be paid to the funding source will be transferred to a bank account held in the name of the account holder.
Withdrawals may result in cancellation of customer bonuses awarded by tradorax which have not been wagered and converted to part of the trading balance.
Withdrawals will only be made to accounts that have completed the verification process.
In compliance with anti-money laundering regulations, tradorax is allowed to transfer funds only to an account bearing your name.
tradorax may require additional information or documentation prior to releasing funds to your account. Docs need to be sent to email@example.com
In order to comply with Anti Money Laundering policies, all accounts must be fully verified before the withdrawal request is being processed.
Please refer to our compliance page and our Legal Terms & Conditions in order to review all the required documents for the verification procedure.
If your account verification procedure is not fully completed, please send your verification documents to firstname.lastname@example.org
Please Note that only once your verification procedure is complete, our finance department can start processing your withdrawal request.
Both tradorax and the bank obliging account verification as to ensure there are no false claims or fraudulent accounts.
Once a withdrawal request is submitted it might take tradorax finance department up to 5 business days to process the request. Once the request has been approved please allow an additional 5-10 days for the funds to show in your account.
Step 1 – login to your trading account with your user name and password.
Step 2 – click on the Banking button on the top left side of the screen and click on Withdrawal button in the displayed menu.
Step 3 – enter the amount for withdrawal and then click on the next button.
Step 4 – this step is dependent upon the withdrawal method. If all the requested amount can be returned to a credit card then all that is required is to click on the withdraw button to complete the process. In the event that the requested amount requires a supplementary withdrawal method other than return to the depositing credit card (e.g. wire transfer) then click on the next button to continue, enter the wire details and then click on the withdraw button to complete the process.
Withdrawal will always initially be made back to the original deposit source. Money that cannot be paid to the funding source will be transferred to a bank account held in the name of the account holder.
Credit Card / CashU Withdrawal:
All funds invested with a credit card or CashU can be withdrawn to the same card only.
In a case where the value of a withdraw request to a credit card / CashU exceeds the value of the amount deposited by credit card / CashU, the remaining value will be transferred by wire transfer to a bank account held in the name of the depositing customer.
There is no fee to withdraw via credit card or CashU, however any withdrawal using bank transfer will accompany a processing fee of $25.
A wire transfer withdrawal can be done for profits or those account which invested using the wire transfer method. A processing fee of $25 is applied to wire transfer withdrawals.
* tradorax may require additional information or documentation prior to releasing the funds to your account.
** Money that cannot be paid to the funding source will be transferred to a bank account held in the name of the account holder.
Pending withdrawals may be canceled from the pending requests section accessible from the Banking tab.
Canceling a withdrawal will return the withdrawal amount to the balance available for trading.
All withdrawal requests in pending state (awaiting documents) will be automatically canceled by tradorax after 14 days and the amount returned to the customer balance.
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