Most forex brokers offer a wide range of funding facilities for your online forex accounts.
The pro’s and cons of the top three are:-
1) Bank/Wire Transfer - Normally takes 4 business days to arrive in your account with fees normally made by your own bank and possibly that of the forex broker’s bank too
2) Debit/Credit Card - Most regulated brokers will require verification of your card, to prevent fraudulent misuse, this can take time and is a pain when you change or lose cards. Fees will also be made by your card issuer and sometimes the broker too.
3) moneybookers - This is an “e-wallet” similar to paypal. You fund it by whatever means then transfer those funds from your moneybookers e-wallet to the broker. The service is instantaneous and the only fees incurred are normally those of moneybookers and generally equivalent or less to those leveraged by the other two methods.
So my top tip! Fund with MONEYBOOKERS
i am intrested in trading with forex , but i do not have credit card now ,i need to trade in stock. i do have capital to start i am in south africa please adviseme
We suggest you use moneybookers for payment