If you prefer to trade by making payments and send money online without compromising any of your sensitive financial information, Credit Card is an ideal solution. Today, many online brokers accept Credit Card as a funding method for trading accounts, giving you the ability to make instant, secure deposits and withdrawals at the touch of a button. Withdrawals can take from a couple of hours to 1-3 days depending on the broker. If you need a forex broker that accepts Credit Card as a payment method, take a look at these brokers below.
About the payment system
Currently, almost all forex brokers use credit cards as a way to pay customer deposits and withdraw funds from their trading accounts. Credit card investments including VISA, MasterCard, American Express, Discover, JCB and others are some of the most popular ways to deposit with brokers. They allow traders to instantly replenish the balance on their trading accounts and often traders enjoy a large welcome bonus for making initial investments.
Some people get common mistakes when trying to invest with a credit card, including investors entering their data incorrectly or having a card that is not open to either online banking or international transactions. If you suspect that you have a problem, you should talk with your manager or support staff at the broker you work for. On this site we offer a list of reliable brokers in the brokers section.
What to do if my card is closed for international use
If your card is blocked for international use, or if your card cannot purchase goods online, you will need to open your card to make an investment. To do this, you will have to call your credit card issuer (often the number will be on the back of your credit card) and ask to open the card for Internet operations with foreign companies. This happened to us when we first tried brokers and also received many letters on this issue from users who could not make investments. This process usually takes 5 minutes, especially if your credit card issuer offers 24/7 support, which is more than Visa and MasterCard. If not, you will have to wait until the opening of business hours in order to open your card and make an investment. If you have the right to this type of card, your issuer will open your card immediately and you will be able to make investments if you have the funds.
This is not always a problem, however. To ensure the security of the card holder, if the card tries to make too many failed attempts, the Visa or MasterCard or the one that is the process will block your card for 24-72 hours. If you have problems making your investment with a broker, we strongly recommend that you contact your support representative or your broker or manager, as they will often be able to see exactly what the problem is with accepting your investments.