Which Ecurrency do you use to deposit and withdraw funds from your forex account. Personally i use neteller and skrill. They work very well for me i know a lot other services there also like CashU, Paypal, Perfect Money, Web Money Etc. Which one do you use and why ?
Which Digital currency you use to deposit/withdraw funds in your forex account ?
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Webmoney and bitcoin seems to have the lowest commission among other payment processors. I also you use webmoney for top-up and withdrawal to my account in Hotforex, however brokers still don't support bitcoin, and won't probably introduce it in future, because of it's shady device..
Skrill is good because you can make and receive payment securely from it and you can transfer from there to a credit card, but I think bitcoin is actually the best. You can not only use it for secure payment and deposits without incurring charges, you can actually mine the currency to make much money from it. Coupled with the fact that I used it to process a withdrawal from Profiforex platform and got paid within 24 hours.
Skrill is not the best but it could be a great choice for payment in Forex. My broker is supporting this payment processor and I must say it's better than Paypal in some aspects but still not completely satisfied me.
I use Web Money as my method for depositing my fund or making withdrawal request to. I am sure my broker accent forex where I trade forex now provide this method because it is fast to deposit and secure.
I prefer the Bitcoin currency for deposit and withdrawal; mostly because I can profit from the volatile nature of the crept currency; also the last withdrawal I made with Bitcoin on Profiforex was done without charging a processing fee as with other currencies.
I generally use Skrill to fund my broker account as the deposits are instantly transferred as well as my broker took one business day to process my withdrawals to skrill account. As far as bitcoins are concerned, i think they are crazy too much volatile and moreover my broker is not accepting them as payment method yet.
Usually I am use skrill to deposit and withdraw money from account trading, but if on broker there are option to use IB to withdraw from local transfer I am choose these option because no fee required, from skrill account if only have few bucks if withdraw money to local bank required fee around 3.8$ is not wrong
I used payoneer, they were once offered by hotforex, cant say its the best, then shifted to skrill, they offer a debit card and its good and pretty much stable, was planning to try neteller due to some recommendation.. so its skrill for me.. paypal i use for shopping, but never for forex, not a good option..
Yes so many payment processor that available to deposit and withdraw, and I think we can check out all list payment processor on our broker, and sometime I am use local transfer with use service from IB to withdraw money to my local bank, it's good because no need payment processor just fullfilled form withdraw and waiting
digital currency that became my favorite is NETELLER and payco. I have long used for purposes NETELLER deposits, withdrawals, online shopping and others. and recently I use pa.co because abreast traders who are familiar with this e-currency.
Till now, BTC price is too much unstable! How do you manage this issue actually? By the way, I prefer USD.
I am using same as you, it's just ocassion. But why those two, correct ? Well because they were created for that mainly. It's their niche of use. You can use all others listed, but it's not that in some way
Yes, webmoney have lowest commission, but it's all relatively
Yes, webmoney have lowest commission, but it's all relativelySimilar threads
