RECOMMENDED FOREX BROKERS
Do not invest more money than you can afford to lose.
Cyprus-regulated forex broker ForexTime, or FXTM, has started accepting deposit and withdrawal payments via Qiwi Wallet, an electronic payment system, the broker said earlier this week. Traders can transfer money to their trading accounts in Russian rubles (RUB) only.
The broker will not accept any charges from its clients who use Qiwi.
Qiwi Wallet is part of Qiwi, a payment service provider set up in Russian and based in Cyprus. The Qiwi brand has a large portfolio with services in several directions – kiosks, wallet, bank, and terminals of goods delivery. It is one of the popular e-payment networks in Russia with more than 11 million users. It also offers payment services in Kazakhstan, Moldova, Romania, Belarus, the US, Brazil, and Jordan.
Among the forex brokers that accept deposits via Qiwi are FxGrow, RoboForex, FXOpen, Alpari, Weltrade, and IC Markets.
In addition to Qiwi, clients of FXTM can also make deposits and withdrawals using several other payment methods – Visa, MasterCard, and China Union Pay bank cards, bank transfers, and transfers via e-systems Neteller, Skrill, WebMoney, Payza, Yandex.Money. Deposits are also possible via Dotpay, Wester Union Quick Pay, and Alipay.
FXTM is based in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC), which allows it to provide its services in all EU countries.
The broker offers trading in more than 100 instruments, including forex, spot metals, and CFDs on stocks, commodities, and exchange traded fund (ETFs). It serves retail and institutional clients alike and supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms.