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The company has also enforced a maximum withdrawal limit, which is strange, considering that there arent any upper limits on deposits for e-wallets or bank wire transfers.
Traders will have to make multiple withdrawal requests, which can result in higher fees. The loyalty bonuses and other cash rewards can offer traders with the perfect opportunity to invest in binary options products, or even indulge in a bit of gambling or betting products to experience the excitement. Therefore, the company does not offer a demo account to its traders, which seems to be a common strategy adopted by several leading binary options companies in the market.
Despite the 24X7 customer service access, the website does not provide any information on the official contact information or the company representatives who are responsible for maintaining BetOnline.