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UnionPay Forex Brokers

If you prefer to trade by making payments and send money online without compromising any of your sensitive financial information, UnionPay is an ideal solution. Today, many online brokers accept UnionPay 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 UnionPay as a payment method, take a look at these brokers below.

Orbex3 min read

Orbex broker is an organization that provides services in the field of online trading in the foreign exchange market and CFD trading. The broker has Cypriot registration and has been operating since 2011. The broker is also controlled by the regulators FCA, BaFin, MiFID, ESMA. The scope of the company is in the provision of loans, investment analysis, financial research and client asset management.
Demo: Yes \ Crypto: No \ Social: No \ Leverage: 1:500 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 500Cyprus

eToro4 min read

eToro one of the world's largest social networks for traders, which has a reputation as a reliable CFD broker registered in Cyprus. Developers position the company as a network of social trading, where you can independently trade currencies, stocks, cryptocurrencies, indices, goods, copy transactions of successful traders or investors, and discuss trading and investment decisions.
Demo: Yes \ Crypto: Yes \ Social: Yes \ Leverage: 1:400 \ Scalping: No \ Hedging: No \ Deposit: $/€/£ - 100Cyprus

Swissquote2 min read

Swissquote Bank was founded in 1996 and is considered the titan of the foreign exchange market. Acts as a global partner of the Manchester United club. It offers popular financial services: online banking, lending, robo-consulting and Forex trading. Traders trade on a professional platform, provides training, online lectures, demo accounts.
Demo: Yes \ Crypto: Yes \ Social: Yes \ Leverage: 1:100 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 1000Switzerland

Darwinex3 min read

Darwinex, founded in 2012, opened an office in London and in 2013 received a work permit through Tradeslide Trading Tech Limited, an FCA registered company, which is certified throughout the EU through MiFID. This is a Forex broker and management company founded by Juan Colon, Javier Colon and Miguel Gonzalez. Management seeks to create an excellent platform without fraud. Currently, the company serves traders and investors from more than 100 countries and is a recognized trading provider.
Demo: Yes \ Crypto: Yes \ Social: Yes \ Leverage: 1:200 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 500United Kingdom

IFC Markets3 min read

IFC Markets provides its customers with financial instruments trading services both on organized trading floors and outside of them using NetTradeX trading platform and MetaTrader 4 and MetaTrader 5 platforms. The company strives for market leadership and provides its customers with the best service and trading conditions, largely being a pioneer in its field of activity.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:400 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 1British Virgin Islands

ForexTime4 min read

ForexTime or FXTM is an international professional who provides an expanded range of online trading and investment services in the international currency market for clients from 99 countries. The main advantages are fast processing of orders under the best conditions, reliability, convenience and a wide range of services in the personal workspace. Broker ForexTime has a solid license and a good reputation for customers, as evidenced by positive reviews. Traders will have access to a wide range of trading instruments. You can use currency pairs, precious metals, futures, contracts for difference. The total number of trading instruments is more than 100.
Demo: Yes \ Crypto: Yes \ Social: Yes \ Leverage: 1:1000 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 100Cyprus

HF MARKETS3 min read

The work of HF Markets is regulated by CySEC and has the necessary international license from this organization, according to which the broker has the right to provide investment services around the world. The company provides software and tools for trading Forex and trading commodities online. All company customers can use the interbank market spreads and access to liquidity using modern automated platforms.
Demo: Yes \ Crypto: Yes \ Social: Yes \ Leverage: 1:1000 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 50Saint Vincent And The Grenadines

Pepperstone3 min read

Pepperstone is a regulated Forex and CFD broker from Australia which is licenced by the ASIC. This broker allows to trade with Forex, precious metals in the spot market and CFD on different markets, including stocks and indices. As a pure ECN/STP broker, it has many liquidity providers, such as major global banks. The clients of Pepperstone can trade with variable and low spreads, excellent market quotes and market depth access. The company has chosen as a partner the National Bank of Australia with an +AA credit rating. For traders, this means that they will always have access to the best available prices to secure their position as a leading broker.
Demo: Yes \ Crypto: Yes \ Social: Yes \ Leverage: 1:500 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 200Australia

FxPro3 min read

In 2006, the FxPro was founded and serves more than one million customers from 170 countries from around the world. During this time, the company managed to obtain licenses from CySEC, FCA, MiFID and create a positive image and reputation. The broker serves private and institutional clients. FxPro is a broker that conducts transparent work and takes care of maintaining the capital of its customers. That is why, all deposits of FxPro clients are insured and located separately from the company's funds in leading international banks.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:500 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 500United Kingdom

Tickmill3 min read

TickMill a British broker who appeared in the forex trading environment in 2014. Today, the broker is actively developing as a high-tech ECN broker, providing the entire range of services for online trading in the international foreign exchange market. The broker offers its customers low spreads, fast execution of orders and guarantees complete transparency of relationships with traders.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:500 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 100United Kingdom

Binary3 min read

Binary offers specialized trading platforms designed for trading CFDs and options. During its existence, the company has become a real world leader in the industry. As a fully licensed and regulated site, it has been providing worldwide services to over 300,000 customers since 2008. Unlike most brokers, it provides an opportunity for customers to trade on a unique platform. The company is focused on stability, reliability and operates in accordance with European regulation and has the right to provide its services in any European country.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:1000 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 5Malta

Vantage FX3 min read

Vantage FX is a leader among Australian Forex brokers and gives traders the ability to access the Forex markets, Indices, Commodities and Stocks CFDs. Vantage FX is an ASIC regulated Forex broker, providing traders access to the global Forex market through top-tier liquidity providers. With Vantage FX, orders are executed at the speed of light, without any lags, and traders get low spreads. Together, these characteristics offer an institutional grade trading experience in all financial instruments.
Demo: Yes \ Crypto: No \ Social: Yes \ Leverage: 1:500 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 200Australia

EasyMarkets3 min read

EasyForex was established in 2003 and currently acts as a broker with global reach. It provides its services in over 160 countries worldwide, offering trading in 175 products ranging from currencies, CFDs, commodities and metals, to options on both its proprietary platform and the ever popular MetaTrader. Simple and professional business solutions. From world-class trading platforms with expanded order execution and risk management tools to real-time market data and real-time streaming, Easy-Forex ® helps partners deliver advanced trading technologies and solutions to customers worldwide and is suitable for all skill levels.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:400 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 25Cyprus

About the payment system

The corporation was founded in 2002. The State Council of the People’s Republic of China initiated the creation of a national payment system, and the People’s Bank of China fully supported this ambitious project. For the Chinese market of UnionPay, they have become an essential part of China’s bankcard industry. Today, more and more brokers are connecting CUP to serve their clients.

China UnionPay (CUP) is not the only one, but one of the most famous Chinese payment systems worldwide. UnionPay has a representative office in at least 150 countries and has a network of more than 1 million ATMs. UnionPay credit cards are tied to American Express, MasterCard and VISA. With UnionPay debit cards, you can quickly and conveniently pay for goods and services. Most often, people use UnionPay to obtain cash from ATMs or order goods/services from Chinese online stores.

China UnionPay has quickly become the preferred and accepted payment method for Chinese people to access international transactional markets. China UnionPay has become a central and key part of the bank card industry in China. They also played an important role in the overall development of the card industry in China.

In recent years, China UnionPay has expanded rapidly, first in Asia, and now throughout Europe and America, with Britain becoming the last market that the Chinese financial giant has set foot on. In addition, UnionPay does not need a special license for its European expansion, as its cards are issued by third parties, such as banks, and transactions are processed by payment processing groups. This system has every chance in the future to become a world leader, but so far is largely inferior to the usual for users Visa or MasterCard.

Due to the lack of alternatives in China, many Chinese forex traders rely solely on UnionPay to deposit and withdraw funds. Therefore, the number of forex brokers accepting UnionPay is quite large, and we can expect that all traders who trade in China will accept UnionPay as a payment method. Traders need to remember the restrictions on UnionPay cards set by the bank, which may differ from the restrictions set by the client for transactions on the Internet. To clarify them, you must contact the bank that issued the card.


UnionPay Rating Brokers – TOP 5