Do not invest more money than you can afford to lose.
The UK forex broker FXOpen continues to expand its deposit and withdrawal options. The latest addition to the list is the prepaid debit card paysafecard.
In order to deposit and withdraw funds, FXOpen’s clients need a paysafecard account. Then it can be topped up with between EUR 5 and 100, using a 16-digit PIN code.
The prepaid card is the latest payment option provided by FXOpen. 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.
Last week the broker announced it is also accepting deposits and withdrawals via the ePayments electronic payments service and is planning to launch a co-branded MasterCard.
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.
Pyasafecard is available in most EU members, Norway, some Arab countries, Turkey, the US, Switzerland, Peru, Uruguay, Argentina, Australia, New Zealand, Canada and Georgia. It is mostly used for online payments in web stores, gaming portals, VoIP services, dating sites, etc.
Paysafecard also offers a mobile application, which allows users to top up their accounts on the go, instead of seeking the nearest salespoint.
The purchase of a paysafecard PIN is completely anonymous and does not require its customers to provide identification documents. Recently the European Commission drew a bead on such anonymous prepaid cards and the cryptocurrencies and drafted legislation to end their anonymity in a bid to curb terrorism funding.