Forex account replenishment.

It would seem that such a simple moment as replenishing an account when trading forex sometimes raises a lot of questions for novice traders, but in reality, if you do not take into account some of the nuances of this process, you may encounter certain difficulties.

Go to the website of any broker and compare the number of payment systems with which you can top up your account and the number through which you can withdraw funds.

The latter are usually at least two times smaller; the situation that has arisen is explained quite easily - by purely technical issues.

For example, in order to top up your account with a plastic card, you just need to use the software installed on the broker’s website, the whole process is automated, but for this...

To withdraw money to your card you will need to use manual mode. That is, the broker’s employee must manually send money to your card. Some other payment systems work similarly, so before choosing a method for replenishing your Forex account, first look at the available withdrawal options.

In addition, we take into account the following points:

• Withdrawal speed - regardless of the broker, money goes in completely different ways, for example, a bank transfer takes 3-5 days, and WebMoney arrives almost instantly.

And as you know, money is always needed as urgently as possible. • Currency - and before, the broker’s internal conversion rate of the Russian Ruble to other currencies left much to be desired, but now it is simply extortionate.

Therefore, it is better to immediately top up in the deposit currency. True, this cannot always be done; for example, Yandex Money only works with rubles. • The size of the commission also varies quite a bit, it can be fixed - $40, as with a bank transfer, or a certain percentage of the amount from 0 to 3%.

Sometimes it seems like a small thing, but losing a couple of hundred every month out of the blue is not advisable. • Convenience of cashing out - you can save on the transfer, but then it turns out that in order to get cash in your hands you need to pay an even larger amount.

Therefore, when choosing, take into account all commissions. Replenishing an account for Forex trading is not difficult at the moment, the main thing is not to forget to pay attention to who you are going to cooperate with, giving money is much easier than returning it back, it is recommended to open accounts only with the largest brokerage companies