Brokers News

FXOptimax Accepts Payments via China Unionpay, OKPay, EgoPay

Mar 14 2014
By Forexbrokerz.com Forexbrokerz.com

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.

TAGS: fxoptimax fxoptimax forex broker forex deposits withdrawals forex payments online payments e-wallets china unionpay skrill okpay egopay

More news about FXOptimax

FXOptimax Partners with Myfxbook to Offer Free Autotrading May 29 2014 11:01:15
FXOptimax Mirror Trader: Follow experienced Forex traders for free Jun 01 2012 10:58:05
FxOptimax increases the spread on 4-digits forex accounts Apr 20 2012 19:35:30
FxOptimax announced a partnership with Zulutrade Jan 22 2012 16:52:25
FXOptimax launches PipsBook, a forex platform for signal followers Dec 06 2011 14:58:52

Broker	Advantages


	FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

	XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.
	FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.
	FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.
	FBS is a broker with cool marketing and promotions. It runs an ongoing monthly $999 forex contest, offers a $5 no-deposit bonus for anyone willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.
	FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.
	HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage - one of the highest in the industry.
	Exness is a leading forex broker, offering MT4 and MT5 platforms. Traders can take advantage from a true ECN environment and trade on ultra tight spreads, starting from 0 pips.

Broker	Country	Regulation	Platform	Min Deposit	Review
	US	CFTC, NFA	MT4, Web, in-house	$50	Review Website
	US	NFA, CFTC	MT4	$250	Review Website
	Cyprus, UK, Mauritius	CySec, FCA, FSC	MT4, MT5, Web	$10	Review Website
	Australia	ASIC	MT4, MT5, IRESSTrader	$100	Review Website
	Cyprus, Australia	CySec, ASIC	MT4, MT5	$5	Review Website
	UK, Australia, South Africa	FCA, ASIC, FSCA	MT4, Trading Station, NinjaTrader	$50	Review Website
	UK, Cyprus, UAE, South Africa	FCA, CySEC, DFSA, FSB	MT4, MT5, FxPro Markets, cTrader	$100	Review Website
	Cyprus	CySEC	MT4, MT5, Web	$1	Review Website
	Belize	IFSC	MT4, MT5	$100	Review Website
	Cyprus, UK, South Africa, UAE	CySec, FCA, FSCA, DFSA	MT4, MT5, Web	$5	Review Website
	Cyprus, UK	CySEC, FCA	MT4, MT5	$1	Review Website
	UK	FCA	MT4, Web, MT4 for Mac	$100	Review Website
	Australia, UK	ASIC, FCA	MT4, MT5, cTrader	$200	Review Website

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