ForexPrivate Company, trading as FXPrivate, has increased the payment options available to clients with the addition of PayCo. Traders can deposit funds using the newly-added system at no commission fee.
Traders can choose to make deposits via PayCo in two ways – via a bank card (Visa, MasterCard) or via the PayCo Wallet.
PayCo also accepts BitCoin deposits, using bankcards and China UnionPay. It is one of the leading payment systems in Asia.
Besides the latest addition, FXPrivate’s clients can also use a wide range of other payment methods, including bank cards and bank transfers, online payment systems OKPay, FasaPay, Skrill, Perfect Money, DixiPay, WebMoney, and LiqPay.
FXPrivate does not provide any information regarding regulation. Last year, the Financial Services Commission of Belize (IFSC) issued a warning against FXPrivate Company regarding the broker’s removal from the country’s International Business Companies (IBC) Register. The broker is not authorized to operate in the country and to target local citizens.