Western Union is far not the most common way of depositing/withdrawing funds with Forex brokers.And the reason for that is that it fails to fully comply with Anti-Money Laundering Rules. Dealing with physical cash during transactions makes tracking money sources difficult.
Putting those worries aside, there are Forex brokers who accept deposits & process withdrawals via Western Union.
Official Western Union website: https://www.westernunion.com/
Forex Broker | Minimum Deposit | Account Currency | Funding Method | Withdrawal Method |
---|---|---|---|---|
5StarsForex | $500 | USD, EUR, GBP | yes | yes |
AAFX Trading | $50 | USD, EUR | yes | yes |
AmigaFX | $50 | USD | yes | Bank wire, credit/debit card, Webmoney, Skrill, Paypal, Neteller |
ATS Markets | $50 | USD | yes | yes |
Caesar Trade | $25 | USD | yes | Bank wire, credit/debit card, Webmoney, Skrill, Neteller & other |
CFD1000 | $200 | USD, EUR, GBP, JPY | yes | yes |
eToro | $50 | USD | Bank wire, credit card, Paypal, Skrill, WebMoney, Neteller, Bitcoin, GiroPay | yes |
FBS | $5 | USD, EUR | yes | yes |
FIBO Group Holdings | $300 | USD, EUR, GBP, CHF, RUB | yes | Bank wire, credit/debit card, WebMoney, Skrill, Neteller, OKPAY, Perfect Money, AlertPay, Payoneer |
FOREXYARD | $100 | USD, EUR, GBP | yes | Bank wire, credit card |
Grand Capital | $10 | USD, EUR, GBP, JPY, CHF | yes | Bank wire, WebMoney, Skrill, Neteller, Perfect Money, FasaPay, Yandex Money, OKPAY |
IFC Markets | $1 | USD | yes | Bank wire, WebMoney, cashU |
IMMFX | $200 | USD | yes | yes |
JustForex | $1 | USD | yes | yes |
MFX Broker | $1 | USD, EUR, GBP, CHF, IDR, RUB, GEL, AZN | yes | yes |
MAYZUS | $100 | USD, EUR, GBP, CHF, AUD, JPY, CAD, NZD, RUB, CZK, PLN | yes | yes |
MTI Markets | $100 | USD | yes | yes |
PCM Brokers | $100 | USD, EUR, GBP, AED | yes | yes |
Trade12 | $250 | USD, EUR, GBP | yes | yes |
Trust Capital | $250 | USD | yes | Bank wire, check, credit/debit card |
Windsor Brokers | $100 | USD | yes | yes |
XM | $5 | USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB | yes | Bank wire, credit/debit card, Neteller, Skrill, Webmoney, QIWI, monetalru, fasapay |
Do you know another Forex broker that accepts Western Union deposits/withdrawals? Please suggest by adding a comment below. |