eWallet payments are growing in popularity now a days due to their relative ease of use, lower transaction costs and faster processing times.
In fact most forex brokers offer instant deposits and withdrawals via eWallets. Some of the well used eWallet funding methods include:
Using a eWallet payment is often better than using any other funding methods. Reputable eWallet service providers such as PayPal and Skrill offer you the ‘protection’ meaning that in the event you want a refund of your deposit because the forex broker is not paying you, your eWallet can help by intervening between the merchant (the forex broker) and the customer (you, the trader).
eWallets are also popular as most forex brokers offer special bonuses when you deposit using any of the eWallet methods mentioned above.