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Offshore forex brokerage Weltrade said on Monday it has it has made available deposits via Qiwi Wallet in US dollars (USD) and Euro (EUR). The broker already supports deposits via the online payment system in Russian rubles (RUB).
Account funding is executed free commission fees since the broker compensates them. Qiwi charges a fee of 5% of the transferred amount.
Clients of Weltrade can choose from a wide selection of payment methods. They can fund their accounts using nearly 30 money transfer systems, including bank transfers, Visa and MasterCard bank cards, e-wallets Neteller, Skrill, OKPay, WebMoney, PayPal and EasyPay, and others. Withdrawals are available via most of the said payment methods.
Qiwi Wallet is part of Qiwi, a payment service provider set up in Russian and based in Cyprus. The Qiwi brand has a large portfolio with services in several directions – kiosks, wallet, bank, and terminals of goods delivery. It is one of the popular e-payment networks in Russia with more than 11 million users. It also offers payment services in Kazakhstan, Moldova, Romania, Belarus, the US, Brazil, and Jordan.
Weltrade’s payment services are carried out by Cyprus-registered Systemgates Ltd., an affiliate of Systemgates Capital which operates the Weltrade brand.
Weltrade offers trading in forex, precious metals and contracts for difference (CFDs). It was set up in 2006 as SystemForex and was rebranded in 2012. The broker is based in Belize, where it received a forex broker license in December 2015 from the International Financial Services Commission (IFSC).
It has four representative offices – in Russia, Ukraine, Belarus, and Thailand, as well as 126 regional partners in Europe Asia, Africa, and Latin America. Weltrade has more than 100,000 clients in nearly 20 countries, including Russia, the Commonwealth of Independent States (CIS) (former Soviet countries) and some Asian countries.