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When to upload your verification documents to the broker.

Most of the brokers require the submission of documents for approval of the trading account (KYC).

(KYC stands both for Know Your Customers or Know Your Client)

You can still operate, but in case of withdrawal request these documents will be required to you.

Send documents to the broker
Therefore important:
Send the following documents to the broker and monitor the acceptance, before investing real money.

Here is a sample of documentation a regulated broker requires.

  • Proof of Identification – Passport / Drivers License / National ID
  • Proof of Residence – Recent utility bill dated within the last six months, current local authority tax bill, bank or credit card statement.
  • Credit / Debit Card -If you wish to fund your account with your credit/debit card, please scan the front and back sides of your card. For your security please black out the middle 8 numbers that appear on the front (and back if necessary) and the CVV (security code) on the back.
  • SWIFT Confirmation – If you wire transfer funds to your account, please upload the SWIFT confirmation from your bank.
  • Other – Other documents which are requested by the compliance department.

Stealing money from your account

Steal money from your account

You do not have to worry that someone can then withdraw from you only. Even if someone else obtains the login information into your account, they can’t withdraw money because the broker uses a thorough validation process for every new withdrawal method someone wants to use from your account.

This means, someone who obtains your account information, could only withdraw money by using an existing withdrawal method. They could use your already existing credit card or bank account information, but they could not withdraw money to a new bank account or a new credit card. This system effectively eliminates the possibility that someone could steal money from your account.[/fusion_text][one_half last=”no” spacing=”yes” center_content=”no” hide_on_mobile=”no” background_color=”” background_image=”” background_repeat=”no-repeat” background_position=”left top” hover_type=”none” link=”” border_position=”all” border_size=”0px” border_color=”” border_style=”” padding=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”” animation_speed=”0.1″ animation_offset=”” class=”” id=””][fusion_text]

1a. Proof of ID

Proof of ID Passport

Scan/take a photo (front and back) of your Government photo ID or Driver’s License with all 4 corners of the document visible.[/fusion_text][/one_half][one_half last=”yes” spacing=”yes” center_content=”no” hide_on_mobile=”no” background_color=”” background_image=”” background_repeat=”no-repeat” background_position=”left top” hover_type=”none” link=”” border_position=”all” border_size=”0px” border_color=”” border_style=”” padding=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”” animation_speed=”0.1″ animation_offset=”” class=”” id=””][fusion_text]

1b. Proof of ID – Passport

Proof of ID Passport

You can also scan/take a photo of your passport.[/fusion_text][/one_half][one_half last=”no” spacing=”yes” center_content=”no” hide_on_mobile=”no” background_color=”” background_image=”” background_repeat=”no-repeat” background_position=”left top” hover_type=”none” link=”” border_position=”all” border_size=”0px” border_color=”” border_style=”” padding=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”” animation_speed=”0.1″ animation_offset=”” class=”” id=””][fusion_text]

2. Proof of Residence

Proof of Residence

Bank or credit card statement, recent utility bill dated within the last six months, water bill, electric bill, telephone bill.

Your full name, address and a date must be clearly visible and the document must be dated within 6 months.

Please make sure that all 4 corners of the document are visible.[/fusion_text][/one_half][one_half last=”yes” spacing=”yes” center_content=”no” hide_on_mobile=”no” background_color=”” background_image=”” background_repeat=”no-repeat” background_position=”left top” hover_type=”none” link=”” border_position=”all” border_size=”0px” border_color=”” border_style=”” padding=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”” animation_speed=”0.1″ animation_offset=”” class=”” id=””][fusion_text]

3. Credit Card

Credit Card

If you choose to make a deposit using a credit card, send a scan/photo, front and back of the card.

For your security, it’s advised to cover the card number (please make sure to keep the last 4 digits visible) and the CVV number on the back.[/fusion_text][/one_half][one_full last=”yes” spacing=”yes” center_content=”no” hide_on_mobile=”no” background_color=”” background_image=”” background_repeat=”no-repeat” background_position=”left top” hover_type=”none” link=”” border_position=”all” border_size=”0px” border_color=”” border_style=”” padding=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”” animation_speed=”0.1″ animation_offset=”” class=”” id=””][fusion_text]Simply email these pictures to IQ Option’s support, and they will activate your new payment method for you. Since nobody but you can provide all these documents, your money with IQ Option is absolutey theft-proof.[/fusion_text][/one_full]

Below you can see the brokers most used by our traders. It does not mean that they are absolutely the best, but they have been selected based on the number of registrations and trading operations. In addition to these, you can view the complete list of brokers with relative comparison.

By registering through these links you get preferential assistance, various free resources and the possibility of free access to the VIP signal room. Clear cookies before visiting a broker. Send your ID, teh identification number that the broker assigns you, to info@freebinaryoptions.one.

Best Binary Options Brokers 2020

Risk warning: "Binary options are not promoted or sold to retail EEA traders" If  the broker is not authorized in your area, e.g. IQ Option, OlympTrade  (Eurozone / Usa), you can choose from our Broker Comparison (reliable brokers who accept traders from all over the world, following image):

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