Currently, forex trading is growing and attracting more and more traders. In Vietnam, there are also many people who participate in this market. For those with experience, depositing and withdrawing while playing forex is one of the easiest steps. However, for beginners, beginners and inexperienced people will find it quite difficult and complicated. What follows Blog Thiên Minh will guide you on How to deposit/withdraw money while playing Forex no later than 2021.
Today’s Popular Forex Deposit/Withdrawal Channels
Currently, currency brokers Accept the following Forex deposit/withdrawal channels:
Credit card (Visa)/international payment card (Master)
Debit card – Debit card is a card used for payment which must be loaded first, used like a normal ATM card. This card is used to connect directly to a bank account such as a home ATM card. Therefore, when paying online, the money will be taken directly from your current bank account.
Opening a Visa Debit card account is very simple. All you have to do is bring your identity card or CCCD to the bank’s counters, request the opening of an account and issue a credit card. Then recharge and wait 3-7 days to receive the card and start using it.
Currently, there are a number of banks that allow you to make cards online without having to go to the bank. On time, you just need to go to the bank to receive the card.
Some banks have Visa credit cards that are very popular with merchants such as: Visa Debit ACB (Asian bank), Visa Debit Sacombank, Visa Debit Eximbank, etc.
Credit card – Credit card is a credit card which can allow you to spend within an authorized amount and you will have to return this amount to the bank within a maximum period of 45 days (Depending on each bank, different period ) otherwise you will be charged high interest on the amount you owe.
To open this type of card, you must have proof of your monthly income (payroll/income statement), proof of identity (or CCCD, household card)… Then, the bank will validate, when it is eligible.
Electronic wallet
The types of electronic wallets that are used a lot in Forex trading rooms today can be mentioned as: Skrill, Nganluong Wallet, Neteller… These are considered intermediaries for the payment of services in demand today .
So you can easily deposit or withdraw money when playing Forex. With this simple method, all you need is a registered bank account for online transactions. However, for Vietnamese banks today, there are not many links with Forex exchanges.
Steps to deposit/withdraw
Top up by online domestic transfer
This will depend on each broker, and online transfers are possible when authorized by the brokers. Make online transfers as well as regular online money transfers on the app or over the internet. So it’s also very easy.
Deposit/withdraw money from Visa Debit card
Once the transaction is profitable, you want to withdraw money, there will be many methods for you and depending on your needs, you can choose one of the fast withdrawal Forex brokers yourself. You can do very simple steps.
First to withdraw money, you click on the Withdrawal tab. Then choose the appropriate withdrawal method. Normally you deposit through any port, you should always withdraw money through whichever port is the most convenient.
As with a deposit, you choose the appropriate withdrawal method and fill in the required information to be able to successfully withdraw money to your bank account.
Above are detailed instructions on how to deposit/withdraw money when playing the latest Forex. With so many methods today, you can choose the most suitable deposit/withdrawal method yourself. and watch the tutorial how to open a forex account quickly for instant profit trading.
