Local Bank transfer

List of Forex Brokers with Local Bank transfer offered as an available payment method.

Local Bank transfer is mainly offered from Forex Brokers in order to facilitate clients who are residing to countries where Forex trading lands in a 'grey zone' between the investing and gambling industry.

Local Bank transfer can be used for both deposit and withdrawal transactions using direct eBanking services or credit/debit card authorized transactions.

Local Bank transfer methods (or local payment methods) are mainly used from Forex Brokers and ease transactions for clients in Malaysia, Thailand, Indonesia, Vietnam, China and several African countries (e.g. Kenya).

5

FXPRIMUS

Minimum deposit: 
$100
Maximum leverage: 
1:1000
Broker type: 
ECN, STP
Regulation: 
CySEC (Cyprus), FSC (Vanuatu), FSCA (South Africa)
6

ForexTB

Minimum deposit: 
$250
Maximum leverage: 
1:400
Broker type: 
ECN, MM, STP
Regulation: 
CySEC (Cyprus)
7

FPMarkets

Minimum deposit: 
$100
Maximum leverage: 
1:500
Broker type: 
DMA, ECN, MM, STP
Regulation: 
ASIC (Australia), CySEC (Cyprus)
8

AdroFX

Minimum deposit: 
$25
Maximum leverage: 
1:500
Broker type: 
ECN, STP
Regulation: 
FSC (Saint Lucia)
9

NordFX

Minimum deposit: 
$10
Maximum leverage: 
1:1000
Broker type: 
ECN, NDD, STP
Regulation: 
FSC (Vanuatu)
10

FXTM

Minimum deposit: 
$10
Maximum leverage: 
1:30
Broker type: 
ECN, MM
Regulation: 
CySEC (Cyprus), FSC (Mauritius), FCA (UK), FSCA (South Africa)
11

FXCM

Minimum deposit: 
$50
Maximum leverage: 
1:200
Broker type: 
MM, NDD
Regulation: 
CFTC/NFA (US), FCA (UK), ASIC (Australia), FSCA (South Africa)
12

FXOpen

Minimum deposit: 
$1
Maximum leverage: 
1:500
Broker type: 
ECN, NDD, STP
Regulation: 
FCA (UK), ASIC (Australia)
13

DaxBase

Minimum deposit: 
$250
Maximum leverage: 
1:500
Broker type: 
MM
Regulation: 
Unregulated
14

Azaforex

Minimum deposit: 
$1
Maximum leverage: 
1:1000
Broker type: 
ECN, MM, NDD
Regulation: 
FSC (Saint-Vincent and the Grenadines)
15

BDSwiss

Minimum deposit: 
$100
Maximum leverage: 
1:500
Broker type: 
MM, NDD, STP
Regulation: 
CySEC (Cyprus), FSC (Mauritius), FSA (Seychelles)
16

FIBO Group

Minimum deposit: 
$1
Maximum leverage: 
1:1000
Broker type: 
MM, NDD, STP
Regulation: 
FSC (British Virgin Islands), CySEC (Cyprus)
17

IronFX

Minimum deposit: 
$100
Maximum leverage: 
1:1000
Broker type: 
ECN, MM, STP
Regulation: 
CySEC (Cyprus), ASIC (Australia), FSP (New Zealand), CRFIN (Russia), FCA (UK)
18

PaxForex

Minimum deposit: 
$10
Maximum leverage: 
1:500
Broker type: 
ECN, STP
Regulation: 
FSC (Saint-Vincent and the Grenadines)
19

101Investing

Minimum deposit: 
$250
Maximum leverage: 
1:500
Broker type: 
STP
Regulation: 
CySEC (Cyprus)
20

Admiral Markets

Minimum deposit: 
$1
Maximum leverage: 
1:500
Broker type: 
ECN, MM
Regulation: 
FCA (UK), CySEC (Cyprus), ASIC (Australia)

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