Forex broker FX Central Clearing, trading as FXCC, said on Sunday it has expanded its payment method offering with online payment systems Rapid Transfer, paysafecard and Sofort.
The broker said the move aims to provide clients with regulated alternative payment options and to address “the need to cover broader geographical regions for forex traders”. It already supports payments made via bank cards, bank wire transfers, and e-wallets Neteller and Skrill. FXCC intends to further expand its offering, it said without disclosing details.
“We are committed to our clients and understand the need to offer more variety in our payment range. We are continually researching the market and plan to bring more alternative payment methods for our clients,” said Saed Shalabi, director at FXCC. “With the newest offerings, our clients have peace of mind knowing that we source regulated methods that meet their needs,” he added.
Deposits for all payment methods are available in Euro (EUR), US dollar (USD), and British pound (GBP) at no processing fee. Payments via the three newly-added systems are processed via Skrill.
Traders can use Rapir Transfer and Sofot to make payments directly from their bank accounts using their online banking login details. Rapid Transfer supports more than European 100 banks. Sofort, on the other hand, is available across 13 countries in Central and Western Europe. More than 3 million payment transactions are processed using the system each month.
paysafecard 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. The system doesn’t require users to operate a bank account or a credit card.
FXCC is an online broker that provides Straight Through Processing (STP) access to the forex market. It offers trading in currency pairs, gold, silver, and indices via the MetaTrader 4 (MT4) trading platform.
The broker holds a license issued from the Cyprus Securities and Exchange Commission (CySEC), providing it access to the rest of the European Economic Aria (EEA).