PayPal Forex Brokers,Moneybookers Forex Brokers
While PayPal may not actually be the world's favorite way to pay and get paid, it is rather popular. Many people have balances in their PayPal accounts and can use them as forex account deposits with brokers that accept PayPal. If PayPal deposits and withdrawals are important to you, please see the list of brokers below, all of which can accept and remit funds via PayPal.
Moneybookers, based in London, is an online "eWallet" payment system, similar to PayPal. While its popularity is not quite as huge as PayPal's, and therefore the number of merchants that accept Moneybookers payments is lower, Moneybookers does offer a number of advantages to its users, not the least of which are significantly lower transaction fees. Moneybookers account holders also enjoy some additional freedoms that come with having an account with a UK based, FSA regulated financial institution.
UFX Bank
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UFX Bank provides a decent level of service to their customers, from the customer support, to trading support and easy access to the dealing desk. Withdrawal of funds appears to be a bit disorganized but it does get done eventually, whether you are withdrawing profits or not. UFX Bank's trading conditions are such that the benefits of a UFX account are most pronounced for well capitalized traders, which makes it more worthwhile for larger investors than for small traders. This is a known predatory practice.
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Trading Point Forex Review
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Trading Point Forex is a relatively new MT4 forex broker that is becoming well established as a result of the solid trading conditions and support services on offer, as well as being regulated by some of the world's most stringent regulatory agencies such as the FSA. Trading Point also ensures client funds safety, by keeping it segregated from company operating capital.
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AskOBid Review
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If you are looking for a quality European forex dealer, you may be delighted by what AskOBid has to offer. The variety of tradable instruments is substantial, and includes several rare exotics as well as XAU and XAG (Gold and Silver). You can see the full list of tradable instruments below. With account sizes starting at $100, fixed spreads, and decent order execution even at times of low market liquidity and strong (but not stifling) regulation, it's easy to see why AskOBid is becoming the dealer of choice for many smaller investors.
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InstaForex Review
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If you are looking for a strong Asian forex broker offering, you are well advised to at least consider InstaForex, as it is one of the most successful brokers to come out of Russia (and that is saying a lot when considering that Alpari and EXNESS are both originally Russian). In fact, InstaForex was named the best broker in all of Asia in 2009 and 2010, beating out some fairly tough competition.
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FXPro Review
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FxPro is a very well-known and well funded Market Maker. In business since 2006, FxPro has gained a large pool traders by buying up some very prominent advertising space. By providing its own liquidity and keeping all trades in house, FxPro is able to give its clients some of the lowest spreads in the industry (0.8 pips target on EUR/USD) as well as lightning fast execution (most of the time). The key here is, unfortunately, that execution is done at their discretion.
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