Forex Broker Accounts and Payments

If a certain person decided to start trading activity in the exchange market with real money, it is obvious that one should charge the starting deposit into the account. But account, depositing can appear not the easiest occupation as each company has options of means introduction, and not all brokers have a full range of methods of money transfer.


Automatic deposit of funds to trading account through the NETELLER payment system
Automatic deposit of funds to trading account through the NETELLER payment system

Dear clients and partners, FIBO Group company is glad to announce that in cooperation with the NETELLER payment system we implemented an automatic deposit of funds option. Now tradin...

FXTM Deposits and Withdrawals Now Available with InecoBank
FXTM Deposits and Withdrawals Now Available with InecoBank

Award-winning broker, FXTM is excited to launch a brand new payment method for its traders and investors. FXTM clients can now make payments to and from their accounts using one of A...

New way to make deposits of funds with Alpari for Vietnamese clients: Baokim
New way to make deposits of funds with Alpari for Vietnamese clients: Baokim

Dear clients, Alpari is launching a new means to make deposits to trading and transitory accounts for its Vietnamese clients. You can now transfer money using the Baokim payment syst...

Make a deposit in time for important release!
Make a deposit in time for important release!

29 November 2016 Dear traders! US Non-farm Payrolls data is to be published on December 2 at 1:30 pm GMT. This is the last Non-farm Payrolls report before the US FRS session. The rep...

Changes to sending of bank payments in USD on 24th November, 2016
Changes to sending of bank payments in USD on 24th November, 2016

Dear clients, Due to Thanksgiving celebrations in the US, on 24th November, 2016 bank transfers in USD will be unavailable. Work will resume as normal on 25th November. Please take t...

Proclamation Day of the Republic of Latvia
Proclamation Day of the Republic of Latvia

Dear customers! Due to the Latvian Independence Day celebrations, November 18 , 2016 is a banking holiday in Latvia, accordingly payments and transfers (credit and debit operations, ...

Changes in the working of Skrill payment system
Changes in the working of Skrill payment system

Dear clients, From 11th November, 2016, money transfers via the Skrill payment system for unregistered users will be unavailable. Please take this information into account when plann...

Changes in Neteller policy
Changes in Neteller policy

November 09, 2016 14:45 Dear Traders, There have been some changes in our payment policy concerning the US dollar. As of 3 November 2016, clients will no longer be able to deposit an...

Changes to sending of bank payments in USD on 11th November, 2016
Changes to sending of bank payments in USD on 11th November, 2016

Dear clients, In connection with 11th November being Veteran’s Day in the US, bank transfers on this day in USD will be unavailable. On 14th November, 2016 work will resume as ...

07.11.2016 Now you can deposit your account via QIWI in USD and EUR!
07.11.2016 Now you can deposit your account via QIWI in USD and EUR!

Dear Clients! We have good news. Now you have the opportunity to deposit trading account via payment system QIWI not only in Russian rubles, but also in USD and EUR. At the same time...

Changes in Skrill payments
Changes in Skrill payments

October 24, 2016 14:53 Dear Trader, We want to inform you about the changes in our payment policy concerning Skrill US dollar deposits and withdrawals. As of 18 October 2016, you wil...

A new method to deposit by Visa and MasterCard is now available
A new method to deposit by Visa and MasterCard is now available

17 October 2016Dear clients, We are glad to inform you that FreshForex has expanded the range of deposit method for trading accounts. Now you can fund your account through Visa and M...

MyPay Joins FXTM as Brand New Method for Depositing Funds
MyPay Joins FXTM as Brand New Method for Depositing Funds

FXTM welcomes new deposit method MyPay, one of the most popular online payment processors in Thailand, to our long list of payment methods. Our clients from the region will now be ab...

New payment system China UnionPay
New payment system China UnionPay

Dear clients,We are glad to inform you that our company provides new opportunity to deposit and withdraw funds via China UnionPay payment system.With China UnionPay the trading accou...

Changes to sending of USD bank payments on 10th October, 2016
Changes to sending of USD bank payments on 10th October, 2016

Dear clients, Due to 10th October, 2016 being Columbus day in the US, bank transfers in USD will be unavailable. Work will resume as normal on 11th October, 2016. Please take this in...

21.09.2016 Direct withdrawal to card is already available!
21.09.2016 Direct withdrawal to card is already available!

Dear Clients! We are glad to inform you that from now on direct withdrawal to payment cards is available. To do this, choose in member area way of withdrawal Visa/MC by ECommPayand, ...

Changes to sending of bank payments via Ameriabank on 21st September
Changes to sending of bank payments via Ameriabank on 21st September

Dear clients, Due to Independence Day celebrations in Armenia on 21st September, 2016, money transfers in any currency via Ameriabank will be unavailable. Work will resume as normal ...

Changes to the sending of bank payments in USD on 5th September, 2016
Changes to the sending of bank payments in USD on 5th September, 2016

Dear clients, Due to Labor day in the US on 5th September, 2016, bank transfers in USD will be unavailable. On 6th September, 2016 work will resume as normal. Please take this inform...

Payza payment system with 0% commission has been introduced at Grand Capital!
Payza payment system with 0% commission has been introduced at Grand Capital!

Dear clients! Once again we’ve improved our Deposit/Withdrawal section by adding Payza payment system, which is available in 197 countries and especially popular...

Skrill and Neteller renewed
Skrill and Neteller renewed

August 18, 2016 09:15 Dear Traders, We will renew our support of Skrill and Neteller, from 1 September 2016.This change meets varied customer requests for the ability to pay and with...


Methods of Direct Depositing of Funds to the Account

Well-known banks and companies issuing payment cards it is not the whole list and a choice of options, to make a deposit today. The translations through a bank can take up to 2-3 days, and payments by means of bank cards cause concern in broker companies because of universal fraud connected with this payment type. Many providers rendering services in the sphere of payments delivered the task to facilitate the money transfer process on the Internet. Today money transfer can be made, owning an electronic purse, which is automatically recharged through the personal bank account of the client or his credit card. The most popular purses – Neteller, Moneybookers, and certainly – PayPal.

How do the purses of PayPal and Moneybookers work?

As soon as the funds are transferred into the account of the client's purse, he can send the money to email addresses of the different clients using this system of electronic purses. In this way, it is possible to make the transfer into account of the broker company to which the client reports details of the purse. Money transfer appears on the brokerage account usually directly.

Payment Types Accepted by Forex Brokers

More payment systems are accepted by the broker the better it is. If the company accepts only two or three payment methods it is not a very good sign. Becomes problematic to pick up the most acceptable type of money transfer, and it leads to searches of another broker. Some companies have a very wide range of money transfer types, including the supply of the account by means of PayPal that is an infrequent, but a very convenient method. To learn which Forex brokers accept PayPal payments for account, depositing, it is possible to use the summary table of the companies placed on the Internet.

The introduction of the deposit is usually free of charge service. In the case of extra fees for money transfer, the company covers expenses subsequently.

Deposit Issues

Complications and problems in case of money deposit are extremely rare. The most part of such difficulties arise because of the questions connected with the security of payment method. First of all, they depend on a type of used Forex payment. The transfers through Neteller, Moneybookers and PayPal are safe where to take place instant authorization at the accepting. Delays can arise in the case of a transfer of large payments when the broker can take supernumerary measures for verification. Also, brokers can take additional measures to check the payer if the deposit is performed by means of a bank card.

The Amount of a Bonus Depends on the Depositing Methods?

The offered bonus doesn't depend on the applied payment system. In rare instances, there is a commission, but brokers cover percent and don't compensate it due to the reduction of a client bonus.

The size of the minimum deposit at the Forex broker – the smallest sum of money which the client shall place on the account. Money transfer is less than established deposit – is impossible. The amount of the minimum deposit at the different companies differs, and depends on the applied translation method. For example, one broker with MasterCard accepts, at least, $100, and with Moneybookers only $50.