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FXTM, a Cyprus-regulated forex and CFD broker, announced it has added the cryptocurrency Bitcoin as a deposit option.
The option is made available through a partnership with the digital currencies payment processor BitPay and provides a secure, reliable and fast payment method.
With the addition of Bitcoin as payment option, FXTM joins the growing group of forex brokers who accept digital currencies – both for deposit and withdrawal – like Grand Capital, Amarkets, RoboForex, FxOpen, LiteForex, FxChoice, etc.
Naturally, FXTM also supports payments in major fiat currencies and some more exotic – for its clients in Asia. The broker accepts payments through bank cards, bank transfers and several online payment systems – Neteller, Skrill, WebMoney, Qiwi, Payza, Yandex.Money, Dotpay, Western Union, Quick Pay, and Alfa-Click. Most recently FXTM has added Estonia’s Versobank as a payment option.
FXTM is based in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC), which allows it to provide its services in all EU countries. The broker also holds a license from the Financial Services Board (FSB) of South Africa. It has also set up a London-based unit, but it has provided no information at the time as to whether it plans to acquire a UK license.