Do not invest more money than you can afford to lose.
Cyprus-regulated forex broker ForexTime, or FXTM, said on Monday it has started accepting deposits from Alfa-Click, Alfa Bank’s online payment service. The broker accepts only Russian rubles (RUB) via the newly-added payment method.
FXTM will charge no commission and no charges whatsoever clients who use Alfa-Click.
In addition, clients of FXTM can also make deposits and withdrawals using several other payment methods – Visa, MasterCard, Maestro, and China Union Pay bank cards, bank transfers, and transfers via e-systems Neteller, Skrill, Qiwi, WebMoney, Payza, Yandex.Money. Deposits are also possible via Dotpay, Wester Union Quick Pay, and Alipay.
Alfa-Click is among the most selected payment methods in Russia. It is a service of Alfa Bank, allowing all operations available with the bank. However, users of the e-service are charged fees up to 35% lower than the levels charged at the bank’s counter.
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. Recently, the broker set up a London-based unit, but it has provided no information as to whether it plans to acquire a UK license.
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.
Source: FXTM
