Offshore forex brokerage house Weltrade said on Monday it has started accepting Bao Kim deposits. The broker has added the new online payment system especially for clients from Vietnam.
Bao Kim is based on online payment systems like PayPal, Skrill, etc. The service is provided by Bao Kim E-Commerce JSC, a subsidiary of Vatgia.com. The system is used on desktop and mobile devices by more than a million customers. Payments via Bao Kim are accepted in 8,000 shops online and offline.
In addition to Bao Kim, Weltrade also accepts deposits via a wide range of systems, including Visa and MasterCard bank cards, Skrill, Neteller, OKPay, Payza, Perfect Money, FasaPay,WebMoney, and many others, either international or local.
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.