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The RoboForex Financial Group announced that its Cyprus-regulated unit, the forex broker RoboForex is now accepting deposits via PayPal. According to the announcement on the broker’s website, it will soon add the PayPal electronic wallet service, which would allow traders to withdraw sums from their accounts via the payment system.
Here are the conditions for using PayPal:
PayPal is probably the world’s most popular electronic payment system. It is available in 203 countries, has more than 169 million active accounts and supports transfers in more than 100 global currencies.
Other major forex brokers that accept payments via PayPal are FxPro, Oanda, Plus500, Alpari, Trading212, etc.
Currently RoboForex allows funds withdrawal via the electronic payment systems Skrill, FasaPay, Qiwi Wallet and Neteller, as well as with Visa and MasterCard.
The announcement for the addition of PayPal comes a day after the broker said it would expand the list of national currencies in which it will accept deposits.
RoboForex is an automated forex broker regulated in Cyprus and Belize. It offers trade in currencies and CFDs on stocks, indices and spot oil. The leverage is up to 1:1000 and no minimum deposit is required. The trading platforms that can be used for trading via RoboForex are MT4, MetaTrader5 (MT5) and cTrader.
The group consists of the holding company RoboForex Financial Group and its units RoboForex, regulated by Cyprus’ Securities and Exchange Commission (CySEC), RoboTrade Ltd. regulated by the International Financial Services Commission (IFSC) of Belize and RoboForex LP, based in New Zealand.