POLi Binary options brokers

POLi is an online payment system predominantly used in Australia and New Zealand, facilitating secure and immediate transactions directly between bank accounts and online merchants without the need for a credit card. This payment service is highly favored for its user-friendliness and the fact that it allows consumers to make purchases online using their internet banking details securely. By leveraging internet banking, POLi streamlines transactions while ensuring that no sensitive banking details are stored on its servers, making it a popular alternative among users who prefer not to use credit cards online.

POLi Binary Brokers

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How it Works

The process of using POLi starts when a customer selects POLi as their payment option at the checkout on a merchant’s website. The POLi system then prompts the user to select their bank and log in to their internet banking account through a secure POLi interface, which connects directly to the bank’s own website. After logging in, the user approves the pre-filled payment details and completes the transaction. POLi then instantaneously sends a payment confirmation to both the merchant and the customer, allowing for immediate release of services or goods from the merchant.

Transfer Processing Time

The processing time for payments via POLi is one of its standout features, as transactions are completed almost instantly. When customers pay through POLi, the funds are transferred immediately, allowing merchants to receive confirmation and proceed with order fulfillment without any delays. This efficiency makes POLi an attractive payment option for both consumers looking for quick transaction times and merchants desiring swift payment to ensure customer satisfaction and enhance cash flow.

Using POLi to fund a binary options trading account provides a fast, secure, and convenient payment option for traders in Australia and New Zealand, ensuring rapid access to trading funds without the need for credit card details.

Pros and Cons of Using POLi


  • Direct Bank Transfers: POLi facilitates direct online bank transfers without the need for a credit card, which simplifies the transaction process.
  • No Registration Required: Users do not need to register an account with POLi to use the service, enhancing convenience and privacy.
  • Immediate Processing: Transactions via POLi are processed instantly, enabling traders to access funds quickly for timely trades.
  • High Security: POLi complies with high security standards to ensure that banking details remain secure during transactions.


  • Limited Geographic Availability: POLi is primarily available in Australia and New Zealand, which restricts its use to residents of these countries.
  • No Withdrawal Capability: POLi is typically used for deposits only; withdrawals must be processed through alternative methods.
  • Bank Compatibility: Only compatible with certain banks, which may limit its use for some traders depending on their banking institution.
  • Lack of Chargeback: Unlike credit cards, POLi payments do not have a chargeback option, which could be a concern in dispute cases.

How to Fund a Binary Option Trading Account with POLi

Funding your binary options trading account with POLi is straightforward:

  1. Log Into Your Trading Account: Sign in to your binary options platform and navigate to the deposits section.
  2. Select POLi as Your Payment Method: Choose POLi from the list of available deposit methods.
  3. Enter the Deposit Amount: Specify how much money you want to deposit into your trading account.
  4. Proceed with the Payment: You will be redirected to the POLi interface where you select your bank and log in using your online banking credentials.
  5. Authorize the Transaction: Follow your bank’s process to authorize and complete the transaction.
  6. Confirm and Start Trading: Once the transaction is successful, the funds will appear in your trading account almost instantly, allowing you to start trading immediately.

FAQ About Using POLi for Funding and Withdrawal of a Binary Option Trading Account

Is it safe to use POLi for funding trading accounts?

Yes, POLi is considered safe as it uses your bank’s security systems to process payments and does not store any sensitive information.

Are there any fees associated with using POLi?

POLi itself does not usually charge fees to users for making payments; however, it’s always a good idea to check if your broker or bank imposes any fees.

How fast are funds transferred using POLi?

Funds transferred via POLi are typically available in your trading account almost immediately after the transaction is confirmed.

Can I withdraw my profits using POLi?

No, POLi is generally not available for withdrawals. You will need to choose another method, such as a bank transfer or an alternative e-wallet, to withdraw your profits from your binary options trading account.