Hello Guys,
I am considerably a newbie and would really appreciate your suggestion about selecting a broker.
I am from Bangladesh and our governments money policy doesn't allow us to send money to another country by bank transfer. You can only pay for University and Hospital bills with proper permission.
So that means I can not deposit by bank transfer, I can buy Alertpay or Liberty Reserve balance with my local currency (from Online workers) so I need a broker where I can deposit in that way. Paypal dont support my country.
Next withdrawal, Alertpay wont bank transfer to my country, Moneybookers doesnt allow forex money for Bangladesh. I am interested about Payoneer debit card which is best withdrawal option for me, (If there is a broker who will bank transfer to Bangladesh is also fine) I can get the money from any ATM booth, faster than Bank transfer. Please note that I don't have a regular master/visa card, due to the Government policy, our banks doesn't provide them.
Yes I understand that Forex is not just the perfect thing from where I live in, but I am already addicted to it (I even trade simulate at weekends!!) .. So I must find a way in and out.
There is another problem, most brokers have a policy like if you invest using an online payment processor, you must withdraw with it.
So far I have found Instaforex, they allow deposit by Liberty Reserve and withdrawal by Payoneer. But their support is strange, they said I must trade my invested money before I withdraw to payoneer but not giving me an exact measure. Plus their reputation doesn't seems that sweet at all.
I mainly scalp Eur/USD, so I need good execution rate and low spreads (like 2 pips) and 1:500 leverage if possible.
So this is my main points:
1. Deposit by Alertpay or Liberty Reserve
2. Withdraw by Payoneer or Bank transfer to Bangladesh
3. Max 2 pips spread on Eur/USD
4. 1:500 Leverage
5. Overall a good broker
So guys, please give me your recommendation, and also if there is some other solution to my problem (other than giving up trading) I would be happy to take it.
Thanks a lot in advance.
I am considerably a newbie and would really appreciate your suggestion about selecting a broker.
I am from Bangladesh and our governments money policy doesn't allow us to send money to another country by bank transfer. You can only pay for University and Hospital bills with proper permission.
So that means I can not deposit by bank transfer, I can buy Alertpay or Liberty Reserve balance with my local currency (from Online workers) so I need a broker where I can deposit in that way. Paypal dont support my country.
Next withdrawal, Alertpay wont bank transfer to my country, Moneybookers doesnt allow forex money for Bangladesh. I am interested about Payoneer debit card which is best withdrawal option for me, (If there is a broker who will bank transfer to Bangladesh is also fine) I can get the money from any ATM booth, faster than Bank transfer. Please note that I don't have a regular master/visa card, due to the Government policy, our banks doesn't provide them.
Yes I understand that Forex is not just the perfect thing from where I live in, but I am already addicted to it (I even trade simulate at weekends!!) .. So I must find a way in and out.
There is another problem, most brokers have a policy like if you invest using an online payment processor, you must withdraw with it.
So far I have found Instaforex, they allow deposit by Liberty Reserve and withdrawal by Payoneer. But their support is strange, they said I must trade my invested money before I withdraw to payoneer but not giving me an exact measure. Plus their reputation doesn't seems that sweet at all.
I mainly scalp Eur/USD, so I need good execution rate and low spreads (like 2 pips) and 1:500 leverage if possible.
So this is my main points:
1. Deposit by Alertpay or Liberty Reserve
2. Withdraw by Payoneer or Bank transfer to Bangladesh
3. Max 2 pips spread on Eur/USD
4. 1:500 Leverage
5. Overall a good broker
So guys, please give me your recommendation, and also if there is some other solution to my problem (other than giving up trading) I would be happy to take it.
Thanks a lot in advance.
" The fool who never traded Demo "