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Forex broker FX Central Clearing, doing business as FXCC, has included another payment option for Asian clients – Netbanx Asia.
Clients across Asia, and China in particular, can use the new payment method to fund their accounts or make withdrawals in Chinese Yuan (CNY) at no fee. This is the first money transfer method that accepts payments in CNY. With its addition, FXCC is further expanding its geographical reach.
Payments to and from FXCC made via Netbanx Asia are processed through UK-licensed e-wallet Neteller. Deposits are usually processed within an hour.
“In forging this new relationship we’re opening up a gateway, to allow new and experienced FX traders, from leading Asian countries such as China, to trade directly through FXCC,” the broker said, referring to its partnership with the bank.
FXCC laready supports money transfers via several other methods – bank wire transfers, bank cards (Visa and MasterCard), and e-wallets Skrill, Neteller, PaysafeCard, Rapid Transfer, Sofort, CashU and Neosurf. The broker covers all deposit fees, regardless of the used payment method.
Netbanx Asia is a bank based in China. It is a convenient method of depositing funds at low transaction costs. It has rapidly become an accepted domestic payment method for Chinese residents to access international transactional markets.
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 in 2010 by the Cyprus Securities and Exchange Commission (CySEC), providing it access to the rest of the European Economic Aria (EEA).