The UK forex broker FXOpen announced it has expanded its deposit and withdrawal options by adding the ePayments system.
According to the forex broker, this options offers special low fees and quick transaction processing when using both the ePayments e-Wallet and the card. The deposits are processed instantly with a commission of 1%. Withdrawals are typically processed within 1 hour (during working hours) and there is no commission.
The deposit and withdrawal operations take place in the MY FXOpen area, through the Add Funds/Withdraw Funds menu. Afterward, the client is taken to the ePayments web page to complete the transaction.
Other means of withdrawal are via a bank transfer and the electronic payment systems OKPAY, Yandex Money, WebMoney, Neteller, Skrill, QIWI Wallet, Perfect Money, Payza, FasaPay and in Bitcoin, Litecoin and Namecoin. The broker accepts deposits via bank transfers, China Union Pay, credit and debit cards, the electronic payment systems OKPAY, Yandex Money, WebMoney, Neteller, Skrill, QIWI Wallet, Perfect Money, Payza, FasaPay, SorexPay and IntellectMoney, RBKMoney.
FxOpen also accepts the cryptocurrencies Bitcoin, Litecoin and Namecoin, as well as deposits and withdrawals in mBTC (millibitcoin) for ECN accounts.
Recently the broker simplified the terms for withdrawing money from client accounts via credit and/or debit cards and canceled the requirement for waiting 30 days after the date of the last deposit. Now funds can be withdrawn at any time, as long as the deposit and withdrawal are made via the same card.
In other news, FXOpen recently announced it is offering its customers a co-branded debit MasterCard, in partnership with ePayments. It can be used both for deposits and withdrawals with the forex broker and for purchases online and at physical stores and to withdraw cash from ATMs.
The card is available in USD and EUR. It costs 35 USD or 29 EUR to issue.
FXOpen is regulated by UK’s FCA. It offers forex and CFD trading, via ECN and STP accounts with different level of experience and investment. The minimum deposit for a live account is $300 and the leverage is up to 1:500.
ePayments is a UK-based payment system that offers its services to clients coming from 100 countries. It services mostly the marketing, forex, MLM industries and the cryptocurrencies.