Traders often wonder what deposit methods are available to them when choosing a forex broker. It is important they consider any common issues that may arise when making a deposit. Are your funds depositing safely? Is the deposit instant? Is there a fee when making a deposit?
Most brokers offer a wide range of ways for traders to put money into their accounts. Depending on your preferences and the location you live in, there are various methods to deposit money safely and securely from credit cards to e-wallet options. The most common ways to deposit are via credit card, bank transfers and various online payment methods
The eWallet option is offered to Forex traders as a first step into their trading activity. After registration with a broker you will receive credentials for an eWallet that is in fact, an account performing a number of important functions.
First of all, eWallet gives you access to your personal back-office area where you can collect and store information about your profile. You can also open trading accounts here and monitor their status and activity.
Most importantly however, is that eWallet helps you to manage and control your funds. You can use eWallet to transact at any time you want to carry out any financial operation (make a transfer/deposit/withdrawal of funds), you can use your personal eWallet.
The eWallet registration procedure also varies greatly. Easy FX offers the following steps to open an eWallet: