Western Union currently provides deposit and withdrawal services for members of several Forex brokerages. Each brokerage member would need to establish a free profile with Western Union's website prior to making transactions.
Western Union is available for customers on six continents, meaning a client of a brokerage can receive funds from nearly anywhere on the planet. Additionally, by using Western Union, clients would not need to provide personal bank information to their brokerages.
According to FxStreet, there are nearly ten forex brokerages which allow for client transactions with Western Union. These firms include IFC Markets and the crowd-investing service, eToro.
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