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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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...

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Changes to sending of bank payments via Ameriabank, December

Dear clients,    Due to the Orthodox Christmas and New Year holidays, from the 29th of December, 2018, through the 7th of January, 2019, there will be some changes to ...

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Сhanges introduced to trading operations regulation

Nothing should stand between you and trading in financial markets. Starting from December 25th, we will refund deposit and internal transfer fees on all Forex accounts and fees charg...

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Christmas gifts from Grand Capital

In the run-up to Christmas, we’re giving out presents to our favorite customers! The gifts from Grand Capital will be especially appreciated by those who plan to spend the Chri...

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Online banking for Indonesian clients available from FXTM

FXTM is proud to add online banking for Indonesian clients to our growing list of payment options!Simple and secure, online banking makes it easier for traders in Indonesia to withdr...

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Changes to the banking services 24-26th of December 2018

Please be informed that due to the upcoming Christmas holidays, deposits and withdrawals in USD and EUR via Ameriabank will be unavailable from the 24th to the 26th of December, 2018...

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Fast and secure deposit in NGN via Nigerian Exchanger

Grand Capital is always looking for ways to improve and adapt our services to the needs of our clients in various regions of the world. Recently, we have been actively expanding our ...

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Deposit to your Grand Capital account in IRR

Dear clients! We’re pleased to announce that Grand Capital started working with the Iranian exchanger GCPay. Thanks to this partnership you will be able to deposit in IRR, the ...

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New deposit option – Vload eVouchers

Grand Capital always aims to provide the service of better quality and more trading opportunities for our clients. This months we’re adding a new deposit option, Vload eVoucher...


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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