Being one of the contemporary most popular online payment systems PayPal is predictably widely offered by brokerages and dealing centers among the others payment alternatives available for the customers for depositing their trading accounts. The payment system is nowadays used by currency traders from more than two hundred countries all over the world. Being easy in usage and secure enough Paypal has gradually become the optimal tool to withdraw one’s profits from currency trading and to deposit funds to a trading account in a forex broker or a dealing desk
|1||FxPro||2006||CySEC, FCA, FSB, DFSA, SCB|
|2||FXTM||2011||CySEC, FCA, IFSC|
|3||XTB||2002||BaFin, CNMV, CySEC, FCA, IFSC|
|4||Admiral Markets||2001||ASIC, CySEC, FCA, MiFID|
|5||Marketscom||2008||ASIC, CySEC, FCA, FSCA|
|6||HYCM||1977||CySEC, FCA, MiFID, DFSA, SFC|
|7||AvaTrade||2006||ASIC, BVI, CBI, FSCA|
|9||FXCM||1999||AMF, ASIC, BaFin, CONSOB, FCA, FSB|
This method is very good for traders who want to get instant transactions processed to start trading forex, but are not willing to compromise the privacy of their card or details by entering them into the forex brokers website.
PayPal presents an instant and secure way of depositing and withdrawing funds from a forex trading account. The emphasis here is on security, because PayPal presents several user authentication processes to ensure that any transaction on a forex account using PayPal is being done by the owner of the account only. Apart from security, the PayPal digital wallet also offers a fast means of depositing and withdrawing funds, as all transactions are done in an instant.
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