Western Union has been around since the 19th century, and they provide safe transaction environments through their operations. Western Union is a popular way to send money across borders.

However, most Forex brokers do not offer this service. Western Union offers many different ways for customers to send money. Customers have several options for sending money including using the phone or online website with various fees depending on how quickly it is delivered and what form of payment method they choose to use.

There are many different trustworthy forex brokers with different offerings and advantages, anyway, not all of them offer the same services. Just like this, there are only a few forex brokers that use Western Union as a payment method.

This means, traders should be careful and conduct their own research before starting with any of the brokers, if they have particular needs and expectations. Once again, clients should check first if the broker is a Western Union forex broker before starting. Due to local regulations and jurisdictional rules this payment method may be restricted. In fact, there are not so many Western Union forex brokers. This is due to certain restrictions and regulations.

To be helpful, we have tested many forex brokers, to see if they support Western Union payments. Based on the collected data, we have picked several Western Union forex brokers:. XM is a global Forex and CFD broker founded in The broker holds licenses in Australia , the United Kingdom, Cyprus , the UAE and Belize. XM offers multiple tradable instruments: Forex, indices, stocks and commodities markets. Trading conditions with XM are excellent.

Traders are allowed to use high-risk strategies such as hedging and scalping. There is an abundance of XM account types: the XM Micro Account, Standard, XM Zero, XM Ultra-low and Shares accounts, as well as Islamic Forex Accounts.

The deposits and withdrawals with XM are free and fast. Traders are allowed to fund and withdraw from their accounts using bank wires, credit and debit cards, Western Union, and e-wallets, such as Skrill and Neteller.

We have chosen XM as the best overall forex Western Union broker as its offerings are favorable. It also offers great education materials, such as a Tradepedia video course. The videos are of high quality and prompt instructions. We have picked BD Swiss as the best Western Union forex broker in Switzerland. BD Swiss is a Switzerland based broker founded in The broker is strictly regulated: CySEC, FSC, FSA.

BD Swiss offers three main account types: Classic, Vip and Raw. BD Swiss trading fees are based on spreads. The broker provides access to a great number of instruments: I ndices, Forex, Commodities and Cryptocurrencies based on CFDs. The broker offers a wide range of payment options: credit cards, bank transfers, Western Union, Skrill and others. We have chosen BD Swiss as the best Western Union forex broker in Switzerland as it offers excellent trading conditions.

Besides, there are not so many Western Union forex brokers in Switzerland. FBS, founded in , is a forex and CFDs broker with offices in Belize and Cyprus. The broker is regulated in Belize, Cyprus, and Australia.

The broker offers trading instruments with forex, indices, commodities, and stocks, and cryptocurrency CFDs. We have picked FBS as the best Western Union forex broker MT4, as it offers trading on MT4 and MT5 platforms and FBS Trader available only on mobile.

The broker offers an abundance of useful tools and features for market research and analysis. When it comes to Western Union forex brokers, there are many questions that traders may have. In an attempt to be helpful, we picked and answered some of the most important queries related to Western Union forex brokers.

Actually, traders cannot pay forex broker fee via Western Union online services. Our ECN liquidity offers the best pricing as per our capacity. The platforms are designed for individual and professional clients so that each one benefited with the same price and liquidity. At FxWestern, we like to make sure our clients are spoiled for choice. We offer the industry's leading Forex trading platforms MT4 and MT5 directly on your PC, MAC, mobile or tablet so that you can trade at your convenience whenever and wherever you like.

Our originators audit each bit of client input to consistently improve our administrations. You can prefer us for better trading opportunities and foreign exchange with FxWestern. We are committed to create a safe and reliable trading environment for all our clients. FxWestern is a Forex based ECN Electronic Communications Network FX and spread-betting broker created by traders to improve your trading experience.

FxWestern offers different account types, trading programs and apparatuses to encourage people and institutional clients to exchange Forex and its Derivatives on the web. All Retail, Affiliates and White Label customers have the chance to get to different spreads and liquidity by means of best in class computerized exchanging stages.

While, back in the days, the only way to send money via Western Union was to visit a cash register of the company, nowadays, there are more services that will allow you to transfer money online. In the case of a Forex broker, you will be able to send your money directly to the bank account of the particular broker.

There is also the option to use the online service of Western Union and transfer money without having to visit a physical agent location of the company. Before you can top up your Forex account, you will first need to get the banking details of the broker so that you can send your money via Western Union.

This can be done by contacting the support team of the online broker. The following step is to visit the Western Union agent that is closest to you and fill in a form with the details of the receiver.

Depending on your country of residence and the Forex broker, your money may be transferred either in a few minutes or within 2 to 3 business days. After you have sent your money, you will receive a tracking number MTCN.

You will need to contact the support agents of the online broker and provide the MTCN so that they can receive your funds. Some Forex brokers may also allow you to cash out your money via Western Union. The process, however, will be a tad different, compared to the deposits you make via this payment service. Whenever you are ready to withdraw your money via Western Union, you can simply head to the payments section of your Forex account and pick the withdrawal option.

Enter the amount you would like to cash out and choose Western Union from the available payment options. Once you have requested the withdrawal via Western Union, you will receive an MTCN, which you will need to receive your money. Go to a nearby Western Union agent and provide the tracking number you were given.

Keep in mind that it may take 2 or even more business days to receive your money via Western Union. If you decide to trade Forex with a broker that accepts payments via Western Union, you can anticipate various advantages that will allow you to enjoy hassle-free trading. One of the main reasons why the service is so popular is due to the security it provides. Western Union has been a leading payment solution for people across the world and for decades it has been providing secure transfers of money from one part of the world to another one.

Since you receive a tracking number whenever you send money via Western Union, you will be able to see when the money will reach the receiver. This transparency of payments makes the service of Western Union very reliable which is why it is preferred by many. While it depends on the country you reside in, you will also have the option to choose for your funds to be transferred within a few minutes.

This feature will allow you to quickly top up your Forex account and begin trading whenever you feel like it. In addition to the standard Western Union service which requires traders to visit a nearby agent, there are also a few newer services that will allow you easier ways to transfer money.

Our ECN liquidity offers the best pricing as per our capacity. The platforms are designed for individual and professional clients so that each one benefited with the same price and liquidity. At FxWestern, we like to make sure our clients are spoiled for choice.

We offer the industry's leading Forex trading platforms MT4 and MT5 directly on your PC, MAC, mobile or tablet so that you can trade at your convenience whenever and wherever you like.

Our originators audit each bit of client input to consistently improve our administrations. You can prefer us for better trading opportunities and foreign exchange with FxWestern. We are committed to create a safe and reliable trading environment for all our clients. FxWestern is a Forex based ECN Electronic Communications Network FX and spread-betting broker created by traders to improve your trading experience.

FxWestern offers different account types, trading programs and apparatuses to encourage people and institutional clients to exchange Forex and its Derivatives on the web. All Retail, Affiliates and White Label customers have the chance to get to different spreads and liquidity by means of best in class computerized exchanging stages. Register today. Fast and secure Withdrawals At FxWestern, we like to make sure our clients are spoiled for choice. Wide Range of Trading Instruments.

Unparalleled Trading Conditions. Provide Forex Education. Why Choose FxWestern A choice that makes the difference. About FxWestern FxWestern is a Forex based ECN Electronic Communications Network FX and spread-betting broker created by traders to improve your trading experience. Read More. Security of funds and regulations We keep your funds in segregated accounts with trusted financial institutions.

All strategies are allowed We do not impose restrictions on profitability and allows all trading strategies. Why FxWestern? upto Leverage. Precious Metal. Crypto Currency. Trading account Complete flexibility for traders of all risk appetites and trading volumes. Trader Account. Open Account. Market Account. Honor Account. Professional Account. Winner Account. we'll one over 14 Years of experience you always the best guidance Contact Us.

Unfortunately, one of the downsides of Western Union is that the way the payments are processed will not allow you any chargebacks. Forex Brokers for Beginners. BD Swiss is a Switzerland based broker founded in Once you have done that, all is left in the hands of the regulator. As is the case with Western Union money transfers there are also a few methods for receiving payment. CMC Markets. The broker provides access to a great number of instruments: I ndices, Forex, Commodities and Cryptocurrencies based on CFDs.

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