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Forex Brokers That Accept Wire Transfers Payment Method for Deposit and Withdrawal

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Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

The downside of using wire transfer is it will take more time to accomplish the process. Usually, the process takes about 1 to 5 business days. This method also requires a decent cost. So, if you commit using this payment method, you need to be patient and consider not making frequent transactions.

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	Score	Broker	Payment	Country	Min Deposit	Max Leverage

Additional FAQ

What are forex brokers recommended for scalping?

Here are some brokers that allow scalping and provide ideal trading conditions for the strategy:

Continue Reading at The Secrets of Successful Scalping Strategy

What are European-based Russian brokers?

Several forex companies of Russian origin have moved to Europe -mainly Cyprus and the UK in order to ease global expansion. Here are some of them that might be good for you:

Exness
Exness is authorized and regulated across Europe through MiFID II. Exness is very suitable for traders with low capital requirement and various account offerings.
XM Group
XM Group is authorized and regulated by the Cyprus Securities and Exchange Commission (CySec), legitimizing its operations across Europe.
Alpari
A few years ago, Alpari was the most famous Russian forex broker worldwide. Its popularity dropped following tragic losses suffered by its UK entity in 2015. Currently, Alpari only registered in Belarus and St Vincent and the Grenadines. Nevertheless, Alpari is still one of the favorite brokers for Eastern European and Russian residents.

Continue Reading at Best Forex Brokers in Russia

What are the key features that should not be changed suddenly by brokers?

When anything is described as "subject to change," there is a potential that you may incur more losses in terms of money, time, and effort.

Your brokerage company may execute trades with a different model than what they are supposed to.
The platform changes. You are used to using MT4. All of sudden, you have no choice but to move to MT5.
The stop-out level is increased. A higher stop-out level will cause you greater loss as it will let your losing position run its course until you have nothing left in the account.
Changes in spread and/or commission. Anything related to trading costs should be a sensitive matter as it influences one's profitability in the long run.
Leverages are lowered for no reason. This limitation may result in higher margin requirements and thus inflict on any trader who are used to trade with high leverage.
Your pair leaves you.
Obvious stop hunts. This often happens in market maker brokers who trade against the traders. In this case, you will find your stop losses getting executed just before the price moves in your favor.

Continue Reading at Broker Red Flags: Signs You Should Leave Your Broker

What brokers are considered good for Indian traders?

These brokers have been selected based on a comprehensive analysis of various factors, ensuring they provide a well-rounded and beneficial trading experience for Indian traders:

Interactive Brokers: Has a physical office in Mumbai.
Exness: Support Hindi language.
XM: Support local bank transfers.
Admirals: Has local phone number and e-mail.
FP Markets: Support deposit using INR.
HF Markets: Offer promotions and bonuses for Indian clients.