We Bangladeshis suffer a lot from one thing.There is no PayPal in our country.
So we cannot easily bring money from the country online.Bank transfer from Bangladesh is not allowed to send money outside.So you can not deposit money from the country as per the instructions of Bank.
How to make a deposit in Forex Broker? You can make deposits on Forex through ecurrency. There are many online payment processors like PayPal.
Such as Liberty Reserve (LR), AlertPay (AP), Skrill/Neteller (SN). You can trade online by depositing in Forex and you can also deposit with International MasterCard / Visa card.
You can deposit / invest in dollars forex earned from your free-lancing or online.
Which is better for the deposit?
- Liberty Reserve: Liberty Reserve is the best way to make a deposit in Forex. Because almost all brokers support Liberty Reserve. You can make a deposit with Liberty Reserve at most brokers of your choice. Liberty Reserve cannot be withdrawn directly by the bank. So when you want to withdraw your profit, there are many online exchanger sites that will give you a bank transfer via Liberty Reserve Exchange.
- SKRILL/NETELLER: Skrill/neteller is a good payment processor for depositing in Forex. Maximum brokers support Skrill/Neteller. But Skrill/Neteller have a distinct advantage. You can withdraw from your Skrill/Neteller bank directly. If you want to withdraw your Swift Code and account number from your bank, they will send the money to your bank account within a few days. You can even withdraw from Skrill/Neteller on your debit / credit card.
- Alertpay: Many brokers support alert-pay. But it’s not so much like Liberty Reserve and Skrill/Neteller. You can also withdraw from the Alert-Pay with Skrill/Neteller directly from the bank. There is also a separate debit mastercard on the alert. You can withdraw money from the ATM Booth through the MasterCard by collecting it for $ 25.
- Mastercard: Many Forex Broker offer MasterCard to their traders. With that MasterCard you can withdraw money from the ATM Booth.
The rule of forex broker is that with the payment processor you deposit, you have to withdraw the payment processor and the account itself. But some brokers allow you to withdraw via bank or their MasterCard, regardless of the medium of deposit. For example, with InstaForex you can withdraw the payment processor with a MasterCard with your MasterCard.