FXOptimax, one of the few Forex brokers that allow hedging and scalping, has just announced the increase of its lineup of payment methods with three new options: China Unionpay, OKPay and EgoPay.
Let's kick off the brief review of these methods with China UnionPay, which is hardly known to traders outside of China but for those living in China that's a well-known network for bank card payments. FXOptimax now accepts deposits from China UnionPay and promises that the payment will be processed instantly.
Next up in the list of new payment options are OKPay and EgoPay, which function to a great extent like popular online wallets
PayPal and
Skrill. By the way, the latter is also amid the payment methods offered by FXOptimax. Regarding OKPay and EgoPay, the deposits are processed instantly, while withdrawals are processed within 24 hours after the client request.
The broker now offers eight options for deposits/withdrawals and one can make use of methods varying from FasaPay to the traditional bank wire. But I guess you are more interested into the minimum amount needed to open an account with the broker. We have a great piece of news for you – it's rather small at $10 for the various STP accounts (Mini, Micro, etc.). In case you are interested in the raw pricing accounts you'll need at least $100 - that's for a Pro account.
The trading conditions are rather good, with the spreads starting from 0.3 pips and the leverage reaching massive 1:1000. This is one of the highest levels of leverage out there – only a handful of Forex brokers offer bigger boost to your trading power. One example is
EXNESS, which offers a leverage of 1:2000 and FXGlory, which offers a maximum leverage of 1:3000.
About FXOptimax
FXOptimax is an online Forex broker that started operations in 2009 and is currently operated by FXOptimax Ltd, a company registered in Saint Vincent and the Grenadines under license number 21417 IBC 2013. The broker provides access to the Metatrader 4 platform and a leverage of up to 1:1000 and spreads starting from 0.3 pips. The broker allows scalping and hedging.