Forex Brokers That Accept Mastercard Card Payment Method for Deposit and Withdrawal

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Recognizing the best forex brokers is not just a matter of identity and basic trading needs. You may need to compare some of them to have more clarity when browsing through some information on forex brokers.

The table below provides what may be necessary for your journey in finding the most ideal broker. Remember to always put your conditions at the front when choosing a forex broker.

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	Score	Broker	Payment	Country	Min Deposit	Max Leverage

Additional FAQ

What does it mean to be an FCA-licensed forex broker?

FCA-licensed forex brokers are generally considered trustworthy, because:

The company has fulfilled FCA's minimum capital requirement. A dealer's license that allows the company to run a "market maker" business needs EUR730,000. An intermediary license where the company could facilitate STP execution needs EUR125,000. The cheapest is a restricted broker license in which the company cannot hold client funds, as it only needs EUR50,000.
FCA will monitor the company continuously to ensure the segregation of client funds, monthly report and audit, efficient management including AML and KYC procedures, and proper risk disclosure for clients.
FCA-licensed forex brokers are prohibited from manipulative trade practices, such as entering into positions against their clients. Brokers also should not make unrealistic promises or offering monetary benefits to encourage clients to take risky trading decisions.
FCA-licensed forex brokers should not offer extreme leverage. Since mid-2019, FCA requires brokers to limit leverage on CFD trading between 30:1 and 2:1.

Continue Reading at UK FCA vs ASIC, Which Forex Regulator is More Reliable?

How do you know if the broker allow scalping or not?

To detect a forex broker's policy on scalping, look for information on the broker's official website. The freedom of trading with scalping is a feature that is often considered an attraction.sca

Continue Reading at Why Do Brokers Restrict Scalping?

How do forex brokers typically implement KYC?

Forex brokers commonly implement KYC through various methods, including manual ID verification conducted by an internal team, the use of third-party ID verification services that automate the process, and pre-KYC screening to expedite data filtering and enhance efficiency.

Continue Reading at Is KYC Important in Forex Trading?

What are the types of forex brokers' cheats?

There are 6 common types of forex brokers' cheats, such as: