Forex Brokers That Accept Western Union 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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	Broker	Payment	Country	Min Deposit	Max Leverage
144	RoboForex	Western Union	Belize	$10	1 : 2000	Review Website
162	XM	Western Union	United Kingdom	$5	1 : 1000	Review Website
514	Grand Capital	Western Union	Russia	$10	1 : 500	Review Website
468	AAFX Trading	Western Union	St. Vincent & the Grenadines	$100	1 : 2000	Review Website
470	Binary.com	Western Union	Japan	$1	1 : 1000	Review Website
504	FXPCM	Western Union	United Arab Emirates	$100	1 : 500	Review Website
688	MaxiMarkets	Western Union		$500	1 : 200	Review Website

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

How to avoid brokers scam?

There are at least three skills that you need to have to avoid scams:

First, you must be able to identify a regulated broker authorized by a trusted regulator. It is essential to check this aspect at the start because if the broker's not regulated to begin with, then there is a higher chance of low-quality services that lead to financial loss.
Second, you should be realistic while scanning through any broker's promotions and bonuses. Scammers tend to over-promising by offering unrealistic deals to get more clients.
Lastly, you need to understand how forex broker scams usually cheat on their clients. You will get to know their characteristics and, therefore, avoid them as best as you can.

Continue Reading at 5 True Stories of Forex Broker Scams

Is frequent spam calling a sign of broker red flags?

Yes, it might be.

You may receive a phone call asking for more deposits or more frequent trade. This is possible as your contact information is accessible to the company.

Thus, your data may facilitate the broker to contact you by email or cell phone, urging you to be more speculative and increasing your risks in the market.

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

What are the best forex brokers for demo trading?

Most forex brokers provide demo accounts for free to their clients. Below are some forex brokers with the best demo accounts:

IC Markets: Available in all account types, platforms, and all instruments.
OANDA: Allows CFD trading account and test trading strategies under real market conditions.
Exness: Offers vast opportunities for different types of traders.
XM: Avaliable for all XM Real Account holders.
Tickmill: Allow traders to try low spreads, fast execution & great trading conditions risk free.
OctaFX: Allow trader to open as many demo accounts as they want.
Pepperstone: Provide real market pricing and can be offered with up to 50,000 virtual funds.
FBS: Available for all account types and instruments.
eToro: Get a free $100,000 Practice Account upon joining.