Western Union Forex Brokers

Western Union forex brokers, are fx brokers that allow their clients to deposit and withdraw funds using the Western Union payment system.

Western union is a money transfer service, that is used for personal dealings in more than 200 countries and in over 130 currencies. It is an innovative payment services that allows cash money payments to be transferred throughout the world. Its users can transfer money online or in person any time of the day or week. Western Union allows transfers from many known sources. You can send money from a credit card, debit card, bank account, or cash transfer. Also, the transaction can be executed and received through a mobile phone, prepaid credit card, bank account, or one of the many physical agent locations worldwide.

Despite being an established payment service with many users cross the world, Western Union has faced  lot of issues with money laundering charges. Tracking the source of cash transactions can be very difficult, and this is a challenge that the payment solution has managed to face and overcome.Other similar payment methods are bank wire transfers and e-wallets like Skrill and Neteller.

Here is a list of forex brokers that use Western Union as a payment solution

 

Rank
Broker
Regulation
Min. Deposit
Min. Spread
Start Trading
1
Fxtm
FCA, CySec, FSB
$5
0.1
Open Account
Review
2
Avatrade
CySec, FCA
$100
2.1
Open Account
3
Plus500
FCA, Cysec
$100

0.7
Open Account
4
Easymarkets
CySec, ASIC
$100

0.8
Open Account
5
24option
CySec
$100
2.1
Open Account
6
Markets.com
CySec,FSB
$100
1.7
Open Account
7
Etoro
CySec,FCA,ASIC
$200
0.6
Open Account
8
Ufx
CySec
$500
0.5
Open Account
9
Cityindex
FCA
$100
1.8
Open Account
10
Forex.com
FCA
$250
1.8
Open Account
11
Fxcm
FCA,ASIC,NFA
$100
1.4
Open Account
12
XM
FCA,CySec,ASIC
$100
2
Open Account
13
Exness
CySec,ASIC
$100
0.9
Open Account
14
Fbs
CySec,IFSC
$1
0.9
Open Account
15
Etx capital
FCA
$100
0.9
Open Account
16
FXPro
FCA,CySec
$100
0.7
Open Account
17
HYCM
FCA,CySec
$100
1.9
Open Account
18
IronFX
FCA,CySec
$100
2.2
Open Account
19
ATFX
FCA,CySec,ASIC
$100
0.8
Open Account
20
Alpari
FCA,CySec,IFSC
$100
0.3
Open Account
21
IQ Options
CySec
$100
1.2
Open Account
22
Libertex
CySec
$100
0.6
Open Account
23
AAA Trade
CySec
$100
0.5
Open Account
24
AETOS
CySec
$100
1
Open Account
25
Q8 trade
CMA
$100
1
Open Account