Payment Service

[ntrader 10]

This thread is for those who like to discuss about the payment services. Post your experience with the money transfer service to and from your forex broker.

[ntrader 10]

Do you now something about SKRILL payment service. Can i trust this service to withdraw money from my forex account?

[SIUYA 11]

Why dont you just transfer between your broker and your bank?

[MaksymGra 10]

Do you now something about SKRILL payment service. Can i trust this service to withdraw money from my forex account?

 

No problem there. You can order your own credit card as well. Good way of withdrawing at ATM (with limits), paying at POS and generally having different account, if you don't want show up transactions on your bank statement.

[Mysticforex 13]

Nothing to do with broker payment but,

 

Some years ago when a partner and myself had a signal service My partner set up a Pay Pal acct in OZ ( he lived there ) to handle our transactions

One day about 6 to 8 months in I opened my personal PP acct and was unpleasantly surprised to find that PP had frozen my acct while the Australian Govt investigated our biz acct for money laundering.. We are not talking about huge sums here.

Pay Pal is not a Bank. You do not have the same avenues of recourse that you would have with a bank.I will never do business with them again.

 

( I did eventually get my money. It was a Royal pain in the ass ).

[ntrader 10]

Why dont you just transfer between your broker and your bank?

 

I used to transfer money with my bank but the expenses are very high and it also takes longer time to send - receive money.

[ntrader 10]

Nothing to do with broker payment but,

 

Some years ago when a partner and myself had a signal service My partner set up a Pay Pal acct in OZ ( he lived there ) to handle our transactions

One day about 6 to 8 months in I opened my personal PP acct and was unpleasantly surprised to find that PP had frozen my acct while the Australian Govt investigated our biz acct for money laundering.. We are not talking about huge sums here.

Pay Pal is not a Bank. You do not have the same avenues of recourse that you would have with a bank.I will never do business with them again.

 

( I did eventually get my money. It was a Royal pain in the ass ).

 

I am using paypal but for small amount of money, i have no problem until now. The thing is that most of thebrokers they don't give you the chance to use paypal.

[MaksymGra 10]

Btw, Neteller anyone?

[ntrader 10]

Any info about NETTELLER?