The risks associated with mediation of your trade to the actual forex markets are related to selection of the most suitable brokerage company.
You will be using an online Forex broker to place your trades. This requires a certain account balance with this broker, and, on a positive note, account balances meeting certain criteria are nowadays routinely subject to substantial bonus payments into your account – boosting your initial trading capital, and chances for success.
REVIEW BROKERS OFFERING A SUBSTANTIAL TRADING BONUS!
To manage mediation risk, it is advisable to spread your accounts across 2 or more Forex brokers – each of them with certain particular advantages. One of the most important criteria is the payment procedure for both deposit, and withdrawal. Most brokers allow withdrawal only to the exact same payment instrument or banking vehicle, as was used for deposit. Other brokers allow deposit via various channels, but will execute withdrawals only to verified bank accounts. Make sure you undertake such bank account verification before hefty profits are waiting for withdrawal in your online brokerage account!
A select few reputable brokers allow deposit AND withdrawal via Neteller. This is indeed the most preferable solution. You are best advised to order withdrawals in smaller increments. Avoid withdrawing a large sum all at once!
BROKERS OFFERING DEPOSIT & WITHDRAWAL VIA NETELLER
There are other reputable brokers, offering attractive low spreads, fantastic customer service, and proven security of your trading capital … but who choose not to offer multiple payment online channels.
RECOMMENDED BROKERS – LOW SPREADS, HIGH REPUTATION
To work with these brokers, you must deposit your capital from a bank account, and withdraw it the same way.
So to keep your Forex trading capital separate from your other finances, and maintain the required confidentiality, you have the option of using bank transfers from/to the bank account associated with one of the best prepaid MasterCard solutions on the market today: the VIKING card. Sign up for your card, use the associated bank account for worldwide bank transfers to and from your broker, and then use the card at any ATM or sales point worldwide to enjoy your Forex trading profits!