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ASIC Australian Forex Brokers accepting UnionPay

As the only commonly used payment card in Mainland China, many Australian ASIC-regulated forex brokers have chosen to accept UnionPay in an effort to attract more Chinese traders to trade with them. By accepting deposits made with UnionPay, trading with an Australia-based forex broker becomes a convenient option for any Chinese trader.

UnionPay works in pretty much the same way as internationally recognized cards like Visa and MasterCard, but are made to be fully compliant with all Chinese regulations. The company behind the payment card is based out of Shanghai, and is overseen by the Chinese central bank, known as the People’s Bank of China (PBoC).

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FP Markets FP Markets (2005) Leverage: up to 1:500 Deposit: from 100 AUD Spreads:  low  low Location: Australia Instruments: Currencies Crypto Indices Metals Energies Softs Stocks ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Specific Wire Transfer Credit Cards Skrill Neteller UnionPay Bpay POLi AstroPay Pepperstone Pepperstone (2010) Leverage: up to 1:500 Deposit: from 200 AUD Spreads:  low  low Location: Australia UK Instruments: Currencies Crypto Indices Metals Energies Softs Platforms: Web MetaTrader 4 MetaTrader 5 cTrader Wire Transfer Credit Cards PayPal Skrill Neteller FasaPay UnionPay Qiwi Bpay POLi IC Markets IC Markets (2007) Leverage: up to 1:500 Deposit: from 200 USD Spreads:  low  low Location: Australia Seychelles Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds Platforms: Web MetaTrader 4 MetaTrader 5 cTrader Wire Transfer Credit Cards PayPal Skrill Neteller FasaPay UnionPay BitPay Bpay POLi Klarna EightCap EightCap (2009) Leverage: up to 1:500 Deposit: from 100 USD Spreads:  low  low Location: Australia Instruments: Currencies Crypto Indices Metals Energies Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill UnionPay POLi BCR BCR (2008) Leverage: up to 1:400 Deposit: from 300 AUD Spreads:  low  low Location: Australia Instruments: Currencies Indices Metals Energies Softs Stocks Platforms: MetaTrader 4 Wire Transfer Credit Cards PayPal Skrill Neteller UnionPay POLi FxOpen FxOpen (2005) Leverage: up to 1:500 Deposit: from 1 USD Spreads:  low  low Location: Australia UK Saint Kitts and Nevis Instruments: Currencies Crypto Indices Metals Energies Platforms: Web MetaTrader 4 Wire Transfer Credit Cards Skrill Neteller FasaPay UnionPay WebMoney Perfect Money Yandex Money Qiwi Bitcoin Ethereum Liteсoin RBK Money Intellect Money PaySafeCard Rakuten Securities Rakuten Securities (1999) Leverage: up to 1:400 Deposit: from 50 USD Spreads:  low  low Location: Australia Malaysia Hong Kong Japan Instruments: Currencies Indices Metals Platforms: MetaTrader 4 Wire Transfer Credit Cards Skrill Neteller UnionPay Oanda Oanda (2001) Leverage: up to 1:100 * Deposit: from 20 USD Spreads:  mid  mid Location: Australia Canada US UK Singapore Japan Instruments: Currencies Indices Metals Energies Softs Bonds Platforms: Web MetaTrader 4 Specific Wire Transfer Credit Cards PayPal UnionPay Bpay Admiral Markets Admiral Markets (2001) Leverage: up to 1:500 Deposit: from 200 USD Spreads:  low  low Location: Australia UK Estonia Cyprus Instruments: Currencies Crypto Indices Metals Energies Stocks Bonds ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller UnionPay Trustly iDeal POLi AstroPay SafetyPay Klarna Przelewy24 ZotaPay FXCM FXCM (1999) Leverage: up to 1:400 * Deposit: from 50 USD Spreads:  mid  mid Location: Australia UK Germany France Italy South Africa Bermuda Instruments: Currencies Crypto Indices Metals Energies Softs Bonds Platforms: Web MetaTrader 4 Ninja Trader Specific Wire Transfer Credit Cards Skrill Neteller UnionPay Bpay AxiTrader AxiTrader (2007) Leverage: up to 1:500 Deposit: from 5 USD Spreads:  low  low Location: Australia UK Saint Vincent and the Grenadines Instruments: Currencies Crypto Indices Metals Energies Softs Platforms: Web MetaTrader 4 Wire Transfer Credit Cards Skrill Neteller UnionPay Bpay POLi
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