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ForexTime Introduces Credit Card Deposits and Withdrawals

Being a baby-broker, ForexTime (FXTM) is being busy growing up and developing its services. Since its official launch in February this year, the company has managed to expand its trading instrument offering, add social trading via ZuluTrade, work out sign-up and deposit bonuses, and much more. The latest news from FXTM? It's now accepting debit and credit card payments. 

 
When it first started, the broker only offered bank transfer and the Monebookers/Skrill e-wallet as payment options. At the beginning of March FXTM added another online wallet, NETeller, as an alternative method for deposits and withdrawals. While both Moneybookers and NETeller have their obvious advantages – instant deposits, very fast withdrawals, safety of transactions, etc., they are generally less popular than credit/debit cards, and usually have limitations as to the maximum amount one can pay in a single transaction and this is where Maestro, MasterCard and VISA come in handy. 
 
Traders can now use their credit and/or debit cards to fund their forex accounts, as well as for cashing out their profit. Deposits are processed in up to two hours but keep in mind that you will need to pay a fee of 2.5% + $0.35 or €0.25. FXTM promises that withdrawals will be taking up to two business days and the withdrawal fee traders would have to pay is $10/€8. Keeping in mind that the fees for payments made via Skrill or NETeller are a tad higher, and the time for processing the transactions are the same, credit card deposits seem like a really good idea. 
 
If you haven't traded with ForexTime before and want to try out, check out the broker's brand new first deposit bonus – with it, you can get up to 100% up to €/$6000. The offer is only valid until May 31, 2013 and comes with terms and conditions, which you can review on the broker's homepage. 
 
The last piece of news coming from FXTM today is that the company has also began operating in French, Turkish and Indonesian along with English. In the near future we will probably also see Arabic, Czech, Polish and Chinese versions of ForexTime. 
 
Let's recap: to make the most of this broker today, you better be a first time depositor, make your initial investment through a debit/credit card deposit, and speak English, Turkish, Indonesian or French. 
 
 

About ForexTime

 
Led by Mr Andrey Dashin, founder of Alpari, ForexTime Ltd is committed to providing the tools and support to ensure maximum performance for traders. ForexTime Ltd will offer trading and other investment services in Forex, commodities, precious metals, shares, indices and other financial instruments. 
 
ForexTime Ltd has been granted a license as a Cyprus Investment Firm (CIF) by the Cyprus Securities and Exchange Commission (CySEC), license number 185/12.a
TAGS: FXTM  ForexTime  forex trading  forex broker  CySEC  credit card deposit  debit card deposit  Moneybookers  Skrill  NETeller 

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