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Offshore forex brokerage FXCL Markets, trading as FXCL, said on Thursday it has included online payment network Payza to its supported payment methods list. Traders can fund their trading accounts or make withdrawals using the Payza e-wallet.
Now the broker supports a total of 13 payment methods for both deposits and withdrawals. The remaining 12 are Neteller, Skrill, OKPay, Perfect Money, Union Pay, AstroPay, WebMoney, Contact24, Comepay, Yandex.Money, as well as Wire Transfer and Local Banking.
FXCL will cover all transaction fees for deposits over $100 for clients using Payza within the next three months.
UK-based Payza allows money transfers in 21 currencies in nearly 200 countries worldwide. The payment system charges no monthly or yearly fees. It allows direct money transfers between Payza accounts, as well as through localized bank transfers, global bank wires, credit/debit card, checks, prepaid cards.
Other forex brokers that support the Payza service include FXTM, FXOpen, NordFX, and others.
FXCL specializes in forex trading. It offers its services to clients in more than 50 countries across the globe via the MetaTrader 4 (MT4) platform for desktop and mobile devices. The broker holds a license by Belize’s International Financial Services Commission (IFSC). Belize is known as an offshore destination for forex brokers.
FXCL offers five types of trading accounts – Micro Cent, Mini, ECN Light, ECN Interbank, and ECN Scalping. It accepts initial deposits of a minimum $1 for all account types. Investirs can trade currency pairs with tight spreads starting from 0.6 pips and leverage of up to 500:1.
Source: FXCL Markets