The Three Tested Ways To Fund Your Forex Account
Everything is easy for some people while it is very difficult for others. When it comes to the ability to fund your Forex account, it is the same story.
The truth is that very many people find it very easy and simple to fund their Forex account from any part of the world. However, there are millions of people out there who find it very difficult to fund their Forex account.
If you are one of the people that are having difficulties putting money in your Forex account, then you shouldn’t worry too much. You are not alone. We are also about to make it very easy for you.
You know that it is an open secret that as much as 75% of Forex trading is done by Banks. That leaves 25%. That slot is filled up by individuals.
You don’t need a million dollars to start your Forex trading. You can start with as low as $1000 and still make good profit.
You have to do the needful. Acquire the technical “Know how” by attending trainings and seminars, reading guides and using online tutorials on how to start Forex trading. Now you know how to do your Forex trading, the next thing is to fund your Forex account. You have to first of all open an account with any Forex broker of your choice.
Let’s take a look at some of the options you can explore to fund your Forex account.
Related: How to learn forex trading in Nigeria
The Different Ways To Fund Forex Account
-
Credit/Debit Card Deposit
The use of Credit and debit cards to fund your Forex accounts is the most common means of transaction online. With your cards, you can make payment into your account at any time and at any day and from anywhere.
It follows the same process of making payment with your cards for other issues. You have to login to your Forex account and select the credit card deposit at the payment options. You will be required to enter your card details and pin. Within seconds, the requested amount will be deducted from your account and the equal amount will be credited to your Forex account.
It is simple. It is also widely regarded as the easiest and less complicated way to fund your Forex account.
Also read: How to pick the best forex trading software in Nigeria
-
PayPal Account
PayPal is arguably the fastest way to make transactions online. It is the fastest of the three options to fund your Forex account. You wouldn’t have any problem accessing the PayPal service because it is active in more than 150 countries of the world. Are you ready to process this shit with your PayPal?
Alright man, let’s do it. Login to your Forex account and select PayPal as your means of making deposits into your account and continue. It will redirect you into PayPal page where you will be required to Login into PayPal account. This means you have to have a PayPal account. Once in, you should just click on pay for “your account funding” and you are done within seconds.
-
Wired Transfer
Using wired transfer to fund your Forex account is probably the most complicated or should I say difficult of the three options we are discussing here. You have to go to your bank and find out how you can wire money to your Forex broker to enable them fund your Forex account. This is old school but still efficient.
Do you think there are other means to fund your Forex account that we did not cover here as I presume there are, then you should share with us.