Offshore forex brokerage MTrading included on Wednesday international online payment system Skrill to its list of accepted payment methods, according to a notice published on the broker’s website.
Skrill, together with Neteller which was also added to the list earlier this month, are the only online payment methods that MTrading supports. They were both previously offered by the broker, but in mid-July it decided to discontinue their support. Then, in early August Neteller was brought back on the list and now the same happened to Skrill. The move was in response to numerous customer requests, according to the broker’s notice. Apparently, the online payments are preferred by brokers and their lack is a setback for brokers.
MTrading charges fees of 1.9% on deposits and 1% on withdrawals for either of the two payment systems.
In addition to Skrill and Neteller, the broker’s clients can make payments via bank transfers and Visa or MasterCard bank cards.
MTrading is a brand of brokerage ServiceCom, which holds a license by the Belize International Financial Services Commission (IFSC). It offers trading in a wide range of instruments, including forex, commodities, indices, shares, and bonds.