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What is the best way to fund your FOREX trading account?

niceforexbrokers.com

What is the best way to fund your trading account? From the three main methods – via credit/debit card, bank wire and eWallet, without a doubt using eWallet payments is the best option for the following reasons: Cheaper transaction costs: Most forex brokers do not charge any fee. In other words, the transaction costs when you make a deposit are …

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Credit/Debit cards

Funding your trading account using Credit or Debit cards is also another popular way for traders who want to deposit instantly. However, the amount you can deposit will depend on the limits enforced by your bank, so traders need to check this first. Secondly, in the event that you want to request a refund because the forex broker is a …

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eWallet payments

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: PayPal Moneybookers/Skrill Neteller CashU Webmoney Using a eWallet payment is often better than using any other …

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Offline payments 

Offline payment methods involve traditional means of funding your account, which include: Bank wire Check Western Union Local deposit These methods are best used when you want to trade huge amount of money to fund your trading account. However, before you transfer a large amount of trading capital make sure that you know the broker well enough and that they …

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Methods of Payment

Any good broker should offer a variety of payment methods as this will affect both your investments and your profits. To trade with a broker, you will need to make a deposit and every broker has its own requirements for the minimum deposit. This is also valid for the reverse process – the withdrawal, and you should have in mind …

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