On this page we have listed all forex brokers that are regulated by the Financial Conduct Authority (FCA) in the UK that accepts UnionPay deposits. UnionPay is a payment card used mainly in China, which is supported by the only nationwide ATM and payment terminal network on the Chinese mainland.
The UnionPay card is commonly used with Chinese mobile payment apps like WeChat Pay and AliPay, and is also accepted as a funding method by many forex brokers that are targeting Chinese traders. Due to restrictions placed on the exchange of foreign currency in China, there are limitations on how much money can be deposited with an overseas forex broker using UnionPay. To get around those restrictions, alternative funding methods such as Bitcoin may be used.