PayRedeem is an online payment method often used for online shopping, but also popular as a funding method for forex brokers. The payment method works with so-called eCards, which are virtual cards that can be purchased via PayRedeem’s website. To buy the cards, PayRedeem accepts payment methods such as Visa, MasterCard, bank wire transfers and bitcoin.
As many other e-wallets, PayRedeem has a tier system that allows users on the lowest tiers to buy eCards for online payments without going through ID verification (KYC). For these users, the monthly spending limit stands at EUR 150. To get higher monthly spending limits, a valid government-issued ID must be presented along with proof of residency.
Alpari (1998)
Leverage: up to 1:3000
Deposit: from 1 USD
Spreads:
FxChoice (2010)
Leverage: up to 1:1000
Deposit: from 10 USD
Spreads:
LMFX (2015)
Leverage: up to 1:1000
Deposit: from 50 USD
Spreads:
FXTM (2011)
Leverage: up to 1:2000 *
Deposit: from 10 USD
Spreads:
Grand Capital (2006)
Leverage: up to 1:1000
Deposit: from 10 USD
Spreads:
Xtream Markets (2015)
Leverage: up to 1:1000
Deposit: from 5 USD
Spreads:
Pocket Option (2017)
Leverage: up to ---
Deposit: from 10 USD
Spreads:
Axiory (2012)
Leverage: up to 1:500
Deposit: from 100 USD
Spreads:
SageFX (2020)
Leverage: up to 1:500
Deposit: from 10 USD
Spreads:
M4Markets (2019)
Leverage: up to 1:1000 *
Deposit: from 5 USD
Spreads:
LegacyFx (2017)
Leverage: up to 1:200
Deposit: from 500 USD
Spreads:
TopFX (2010)
Leverage: up to 1:1000 *
Deposit: from 10 USD
Spreads: