Compared to other financial instruments, binary options are more transparent and easier to understand. However, they are a risky financial instrument. Therefore, there are several criteria to consider when choosing a reliable broker to get the most out of them. The most important one is the hassle-free processing of deposits and withdrawals.
Many clients today are looking for the best binary options broker to help them start trading and make a profit.
Here we have selected the 3 best binary options brokers that accept Qiwi for you:
100+ Markets
- Min. deposit $10
- $10,000 demo
- Professional platform
- High profit up to 95%
- Fast withdrawals
- Signals
300+ Markets
- $10 minimum deposit
- Free demo account
- High return up to 100% (in case of a correct prediction)
- The platform is easy to use
- 24/7 support
100+ Markets
- Regulated & safe
- Crypto trading
- High returns
- Fast execution
- Social trading
- Low minimum deposit of $ 50
100+ Markets
- Min. deposit $10
- $10,000 demo
- Professional platform
- High profit up to 95%
- Fast withdrawals
- Signals
from $10
(Risk warning: Trading is risky)
300+ Markets
- $10 minimum deposit
- Free demo account
- High return up to 100% (in case of a correct prediction)
- The platform is easy to use
- 24/7 support
from $10
(Risk warning: Your capital might be at risk)
100+ Markets
- Regulated & safe
- Crypto trading
- High returns
- Fast execution
- Social trading
- Low minimum deposit of $ 50
from $10
(Risk warning: Trading is risky)
There are several brokers that accept MasterCard, but not every one of them is recommendable.
This is the list of the top three brokers for using Qiwi:
- Quotex.io – Our number-one Mastercard broker
- IQ Option – Low minimum deposit and great trading conditions
- Expert Option – Raw spreads and low fees
(Risk warning: Your capital can be at risk)
What you will read in this Post
What is Qiwi? – The payment method explained
Qiwi Wallet is an electronic and digital payment service used mainly in Russia and some other countries. The payment service provides an e-wallet for holding the user’s credit and debit cards, as well as Qiwi virtual or physical Visa cards.
The company was founded in 2007. It is now based in Nicosia, Cyprus, with a subsidiary in Moscow, Russia.
The Qiwi Wallet was launched in 2008. Furthermore, the Qiwi Visa card was also launched, signaling the start of the company’s global expansion.
In Russia, the firm has over 170,000 self-service payment systems. All of those are classic ATM-style terminals that accept cash transactions and top-up facilities for gas, telephone bills, web, entertainment, etc.
Users may also exchange money online from various digital wallets, as well as through credit and debit cards, cell phones, or wire transfers.
(Risk warning: Your capital can be at risk)
Is Qiwi secure? – Security of Qiwi payments explained
One of the most important considerations when using any payment system is safety. QIWI takes security very seriously and has implemented several measures to protect its users’ funds. For example, QIWI uses SSL encryption to protect users’ personal and financial information. Additionally, QIWI has a two-factor authentication system that requires users to enter a code sent to their mobile device before they can log in or make a payment.
Another safety feature of QIWI is its fraud prevention system. QIWI uses machine learning algorithms to analyze transactions and identify any suspicious activity.
Pros and Cons of Qiwi
Let’s have a quick overview of what are the advantages and disadvantages of using Qiwi as a payment method:
- Sign-Up quickly – To sign up for a Qiwi Wallet, all you need is a mobile number, which makes the total account registration and sign-up procedure quicker than comparable firms like Yandex.
- Deals & Offers – Additional incentives available to traders include great deals for Beeline, MegaFon, and Tele2 consumers when paying for daily operations. Qiwi gift vouchers are also available from several merchants.
- App for Mobile Devices – Qiwi has a smartphone application that you can get from the Play Store or the iTunes Store. Investors may use the application to check their transactions, monitor their account balances, and transfer cash fast while on the go. Qiwi is also available for use with Google Wallet and Apple Pay.
- Cards, Both Physical and Virtual – Investors can use their personal credit and debit cards or a Qiwi virtual or physical Visa card that can be saved in their e-wallet to make deposits. Users may use wallets to acquire Bitcoin (BTC) and many other cryptocurrencies after their account has been set up.
- Payments in Real-Time – Payments made with the Qiwi Wallet are executed instantaneously, which is excellent for investors who want to get started trading right away. It’s worth noting that several brokerages may have different
- Confined Currencies – Qiwi now only accepts transactions in Rubles, euros, and dollars, which is limited compared to similar payment options like Skrill or Sofort.
- Limited Transaction Volume – The highest volume of transactions permitted is 15,000 Rubles (about 150 GBP), and may be restrictive for highly experienced traders.
The 3 best binary options brokers that accept Qiwi
Here is an overview of the top three binary options brokers who accept Qiwi as their payment method:
#1 Quotex – Our number one Qiwi broker
Quotex is a registered trademark of Awesomo Ltd, a Seychelles-based corporation supervised by the International Financial Market Relations Regulation Centre (IFMRRC). In November 2020, the company was accredited as a registered broker.
The broker’s goal is to integrate sophisticated tools with basic digital options products.
Citizens of the United States, Canada, Hong Kong, and Germany have only cryptocurrencies as a payment option. The system is entirely web-based, so you can trade options on stocks, currencies, commodities, and some indices such as the S&P 500.
Expiration times range from one minute to a month or more in very rare situations.
You don’t need to download anything because the system is entirely web-based.
Regulations
The Center for International Financial Market Relations Regulation has authorized Quotex with a license. There are compensatory fund members who refund consumers for licensing offenses or nonpayment.
The IFMRRC regulates Quotex. As per the webpage, Awesome Limited is the firm that controls and administers the web page and is established in Seychelles and is authorized by the IFMRRC.
Unless a secondary source is validated, withdrawals on Quotex take place to the same sources. There are no withdrawal or payment fees, although certain methods may bear the costs that are not affiliated with the brokerage platform.
The brokers’ webpage doesn’t really advertise any Quotex bonuses; however, they are offered once you initiate the payment processing.
Bonuses, deposits, and withdrawals
At Quotex, bonuses are occasionally offered to traders, but the broker mainly focuses on providing a user-friendly platform and competitive trading conditions. While promotions may be available from time to time, it is essential to check the broker’s website for the latest information on any ongoing offers or bonuses.
Quotex supports a variety of methods for funding trading accounts, including credit and debit cards, e-wallets, and bank transfers. Accepted cards include VISA, MasterCard, and Maestro, ensuring flexibility for traders when depositing funds. E-wallet options comprise popular choices like WebMoney, Perfect Money, Skrill, and others.
When it comes to withdrawals, traders can use the same methods employed for deposits. Withdrawal requests at Quotex are typically processed within 24 hours, ensuring prompt access to funds. E-wallet withdrawals may be completed even faster, while credit and debit card withdrawals, as well as bank transfers, might take up to 5 working days to be finalized, depending on the financial institution involved.
Get a free deposit bonus of 50% at Quotex with our promotion code “bobroker50“
- Withdrawal fees: 0
- Minimum trade: $10
- Minimum deposit on Quotex: $5 ($10 based according to where you visit on the webpage) and may be made in USD, euro, pounds, and even Bitcoins.
- Assets: 400+, credit or debit card, an eWallet, a bank transfer, or cryptocurrencies, including Ltc, Bitcoin, Xrp, and Ether, Indexes: 15 major markets, including the FTSE 100 and the Dow
- Outlets: IOS, Windows, Apple
- Payment methods: Credit or Debit Cards, Wire Transfers, E-wallets
- Deposits with Qiwi: Available
- Withdrawals with Qiwi: Available
- Qiwi fees on Quotex: No
(Risk warning: Your capital can be at risk)
#2 IQ Option – Low minimum deposit and free demo account broker
IQ Option is a St. Vincent based financial services firm operated and controlled by IQ Option LLC. They have been providing internet broking services for several decades and are constantly expanding their portfolio.
The trading platform originally went online in 2013, and it has expanded rapidly ever since. With just a $10 initial investment and a free IQ Option demo account, the platform has absolutely made trading available to all.
Bonuses, deposits and withdrawals
IQ Option currently doesn’t provide any initial IQ Option deposit rewards in compliance with restrictions. The trading contest that investors may enter for a charge is now the only type of special promotion that IQ Option users can take advantage of. The contest’s rewards vary from $100 to about $100,000.
The broker supports numerous types of money transfers for investing in trading accounts at IQ Option. Credit or debit card transfers, digital wallets, and bank money transfers are among the options. VISA, MasterCard, and Maestro are all approved credit and debit cards.
Major eWallets such as Qiwi, Skrill, Webmoney, and Perfect Money are among the online wallet alternatives.
Investors can transfer money using the same ways they chose to deposit money in the first place. Withdrawal applications are normally processed within one working day. However, they can be processed in as little as a few minutes if the withdrawing option is eWallets. The withdrawal process for credit and debit cards, and bank transfers might take up to 10 working days to finish.
- IQ Option withdrawal fees: 0
- Minimum trade: $10
- Minimum deposit: $10
- Assets: FX, Equities, Exchange-Traded Funds, Cryptos, Commodities
- Outlets: IOS, Windows, Apple,
- Payment methods: Credit or Debit Cards, Wire Transfers, E-wallets
- Deposits with Qiwi: Available
- Withdrawals with Qiwi: Available
- Qiwi fees: No
(Risk warning: Your capital can be at risk)
#3 Expert Option – Highly secure binary options broker
Expert Option, which was incorporated in 2014, has built a devoted following by establishing itself as the most secure and reputable trading system. It is a well-known internet brokerage that specializes in digitized options and convenient web trading.
Expert Option started offering a trading platform in 2014 and now handles over 30 million trades every month. Its mission is to provide a totally unbiased online trading environment. It accomplishes this by providing a user-friendly trading interface as well as a wealth of instructional information.
Regulations
Expert Option has received a certificate from FMRC stating that it complies with all regulatory requirements. The Vanuatu Financial Services Commission – VFSC – regulates it completely. Customer money is stored in separate accounts with investment level-A institutions. The brokerage uses HTTP internet protocol and SSL encryption to secure the confidential material of all users.
Bonuses, deposits, and withdrawals
The application provides a 100% welcome bonus to every new user; it’s totally voluntary, and it might give you a nice push as you begin your trading journey. The 100% reward is available on Expert Option deposits and begins at $30. Investors will have exactly 1 hour from the time the account is created to claim it.
On Expert Option’s Micro account, the initial investment is only $10. This account category is ideal for newcomers to online trading. For all the other account categories, the minimum investment levels are as follows:
- Basic – $50 and above
- Silver – $500 and above
- Gold – $2,500 and above
- Platinum – $5,000 or more
The broker has a $10 Expert Option minimum withdrawal requirement. Usually, proposals are completed within 2 working days. Before withdrawing money, Expert Option, like other brokers, requires users to verify their identification. This security feature is designed to keep your account secure from unauthorized activities.
- Maximum Revenue: 95%+
- Minimum Deposit on Expert Option: $250
- Minimum Trade: $0.1
- Assets: Currencies, stocks, commodities: Silver and Gold, and Cryptocurrencies, including BTC, LTC, Ether, XRP, and Tether.
- Outlets: Android, IOS, Windows, web browsers, or smartphone
- Deposits with Qiwi: Available
- Withdrawals with Qiwi: Available
- Qiwi fees: No
For payment processing, this brokerage does not impose charges or expenses.
(Risk warning: Your capital can be at risk)
Information about withdrawal with the method
At Quotex, withdrawals can be easily made using Qiwi. The minimum withdrawal amount is $10. The same applies to Expert Option, where withdrawals can also be made using Qiwi, with a minimum withdrawal amount of $10. Our third broker featured, IQ Option, has a minimum withdrawal of $2, although smaller amounts can be withdrawn by contacting support. Again, Qiwi is an accepted withdrawal method.
All 3 of these brokers accept Qiwi deposits and withdrawals, making them a good choice for those who prefer this payment method.
Qiwi fees explained
Quotex, Expert Option, and Pocket Option do not charge any withdrawal fees or deposit fees for Qiwi.
Alternatives to Qiwi explained
There are many great alternatives to Qiwi that are available on Quotex, IQ Option, and Expert Option, including:
Conclusion: Trade with brokers that accept Qiwi!
Quick account setup, legitimate transactions in dollars, euros or rubles, and e-wallet transactions to and from other providers such as Neteller and Skrill are also available through Qiwi.
However, Qiwi charges a fee for using the wallet payment option, so investors should take this into account if their brokerage also charges fees.
Get a free deposit bonus of 50% at Quotex with our promotion code “bobroker50“
Our top 3 binary options brokers that accept Qiwi are these, in the correct order:
- Quotex.io – Our number one Qiwi broker
- IQ Option – Low minimum deposit and free demo account broker
- Expert Option – Highly secure binary options broker
(Risk warning: Your capital can be at risk)
Frequently asked questions about Qiwi:
Is Qiwi a secure platform for binary options trading?
When validating a user’s identification online, Qiwi employs 3D-safe technology. This reduces the risk of fraudulent card activity, making it a safe payment method for binary options trading.
Is Qiwi Wallet available for binary options traders from the United States?
Although certain businesses in the United States may accept Qiwi as a form of payment, you will not be able to create a Qiwi account if you are a binary options trader living in the United States.
Are there fees associated with using QIWI for binary options trading?
Yes, QIWI charges fees for certain transactions, such as withdrawals to a bank account. The fees vary depending on the transaction type and the currency used.
Which binary options brokers support Qiwi as a payment method?
We recommend you pay attention to Quotex, IQ Option, and Expert Option and read the necessary information in this article.