Local Bank transfer

List of Forex Brokers offering Local Bank transfer as a 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).

9

FXPRIMUS

Minimum deposit: 
$100
Maximum leverage: 
1:1000
Broker type: 
ECN, STP
Regulation: 
CySEC (Cyprus), FSC (Vanuatu), FSCA (South Africa)
10

IC Markets

Minimum deposit: 
$200
Maximum leverage: 
1:500
Broker type: 
ECN, MM
Regulation: 
CySEC (Cyprus), FSA (Seychelles), FCA (UK)
11

ForexTB

Minimum deposit: 
$250
Maximum leverage: 
1:400
Broker type: 
ECN, MM, STP
Regulation: 
CySEC (Cyprus)
12

FPMarkets

Minimum deposit: 
$100
Maximum leverage: 
1:500
Broker type: 
DMA, ECN, MM, STP
Regulation: 
ASIC (Australia), CySEC (Cyprus)
13

NordFX

Minimum deposit: 
$10
Maximum leverage: 
1:1000
Broker type: 
ECN, NDD, STP
Regulation: 
CySEC (Cyprus), FSC (Vanuatu)
14

FXTM

Minimum deposit: 
$10
Maximum leverage: 
1:30
Broker type: 
ECN, MM
Regulation: 
CySEC (Cyprus), FSC (Mauritius), FCA (UK), FSCA (South Africa)
15

FXCM

Minimum deposit: 
$50
Maximum leverage: 
1:200
Broker type: 
MM, NDD
Regulation: 
CFTC/NFA (US), FCA (UK), ASIC (Australia), FSCA (South Africa)
16

FXOpen

Minimum deposit: 
$1
Maximum leverage: 
1:500
Broker type: 
ECN, STP
Regulation: 
FCA (UK), ASIC (Australia)
17

DaxBase

Minimum deposit: 
$250
Maximum leverage: 
1:500
Broker type: 
MM
Regulation: 
Unregulated
18

101Investing

Minimum deposit: 
$250
Maximum leverage: 
1:500
Broker type: 
STP
Regulation: 
CySEC (Cyprus)
19

Admiral Markets

Minimum deposit: 
$1
Maximum leverage: 
1:500
Broker type: 
ECN, MM
Regulation: 
FCA (UK), CySEC (Cyprus), ASIC (Australia)
20

ADSS

Minimum deposit: 
$100
Maximum leverage: 
1:500
Broker type: 
ECN, MM, STP
Regulation: 
Central Bank of the United Arab Emirates (UAE), FCA (UK), SFC (Hong Kong)

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