Forex Broker Accounts and Payments

News about payments and accounts of Forex broker's 

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.



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New partnership with an international payment service

Dear clients!  We are glad to inform you that we started to partner with an international payment solution — Perfect Money. Perfect Money is widely popular thanks to its s...

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New payment method: TC Wallet now available!

Dear clients, In our continuous efforts to provide the most convenient experience possible to our clients, we are pleased to announce that Alpari has launched a new payment system: T...

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BDSwiss Adds New Payment Method – Flutterwave

BDSwiss is pleased to announce the addition of Flutterwave to its suite of payment methods. As a company, BDSwiss is dedicated to providing its clients with a variety of payment...

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WebMoney is added as a payment system

LiteForex adds deposits and withdrawals through WebMoney payment systemDear clients!Please note that you can now deposit and withdraw money using WebMoney payment system. Transaction...

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New payment method: Skrill LatAm

Dear clients, We are pleased to announce that there is now a new deposit method available on our website for clients in 7 Latin American countries (Brazil, Colombia, Chile, Arge...

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African MobileMoney is added as a payment system

LiteForex adds MobileMoney as a payment system for Ghana, Kenya and Uganda

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FIBO Group announces new type of account - MT5 NDD

Dear Clients! FIBO Group gladly announces the new type of account to be available — MT5 NDD. Already registered and new clients shall have access to opening it since the 20th o...

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Reduced banking services from Ameriabank on the 8th of March

Dear clients, Please be aware that due to International Women's Day celebrations taking place on the 8th of March, 2019, funds transfers via Ameriabank will be unavailable. We ki...

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Introduction to our new Islamic account

Thu, 14 Feb 2019 14:23 Dear Traders, There's no doubt that currency trading is one of the most difficult dilemmas in Islamic Jurisprudence (Faqih). Modern Forex market normally p...

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Terms of withdrawal transactions processing

Due to the New Year holidays most of the banks and electronic payment systems restricted the wire transfers execution terms.  All your submitted withdrawal requests shall be pro...


News about payments and accounts of Forex broker's 

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.

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.

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